Carbon Capture, Utilization & Storage Technologies
The global carbon capture, utilization and storage (CCUS) technologies market should reach $3.4 billion by 2025 from $2.7 billion in 2020 at a compound annual growth rate (CAGR) of 4.6% for the forecast period of 2020 to 2025.
- 129 data tables and 22 additional tables
- An updated overview of the global market for carbon capture, utilization and storage (CCUS) technologies
- Analyses of the global market trends, with data from 2019, estimates from 2020 to 2024, and projections of compound annual growth rates (CAGRs) through 2025
- Identification of key market dynamics, trends, opportunities, and factors influencing the global carbon, capture utilization & storage technologies market and its sub-segments
- Estimation of the actual market size and revenue forecasts for overall carbon, capture utilization & storage technologies market in global and deep dive into the data on the basis of technologies, source, applications, service, and country
- Insight into the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
- Evaluation of the companies best positioned to meet the current and future demand of carbon, capture utilization and storage technologies owing to their proprietary technologies, strategic alliances, or other advantages
- Company profiles of the market leading participants, including BASF SE, Carbon8, Empower Materials, Liquid Light Inc., Oakbio, Pioneer Energy and Solidia Technologies.
This report provides an analysis of the global market for carbon, capture utilization and storage technologies and current market trends. It uses 2019 as a base year and provides estimates for 2020 and 2025 with projection of CAGR in the forecast duration. The report includes discussion of technological factors, competitive factors and economic trends affecting the market. Furthermore, it explains the major drivers and regional dynamics of the global carbon, capture utilization and storage technology market and current trends within the industry.
The report covers carbon, capture utilization and storage technology segments in brief. The global market for carbon, capture utilization and storage technologies has been analyzed in terms of technologies, source, applications, service, country and region. The report concludes with detailed profiles of major vendors in the global carbon, capture utilization and storage technology market. BCC Research examined key categories and regions of the carbon, capture utilization and storage technology market and forecasted market growth from 2020 to 2025. The global market size estimates are provided both value ($ million) and in volume (million metric ton). All tons in this report are metric tons or MTs (2,205 lbs.), not U.S. tons (2,000 lbs.), unless otherwise noted. The British spelling “tonne” is not used in this report.
BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.
The yearly and cumulative investment spending by separation technology was$ 6.8 billion in 2014. It is estimated that the spending will be $6.8 billion in 2015 and $1 billion in 2019, with a compound annual growth rate (CAGR) of -32%.
- An overview of the global market for carbon capture and storage, and related technologies and applications.
- Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2019.
- Information on the status of competing carbon capture technologies as well as global technological research and development (R&D) for carbon capture technologies
- Analysis of the costs to the purchasers of carbon capture equipment, and also analysis of the impact to the consumer
- Insight into what technologies are emerging that could compete with existing technologies in use or displace those technologies
- An in-depth patent analysis
- Comprehensive profiles of major players in the industry and how these companies are positioning their technology to compete against other technologies.
- The status of competing technologies as well as technological research and development for systems designed to mitigate global warming
- Analyses of global market trends, with data from 2009, estimates for 2010, and projections of compound annual growth rates (CAGRs) through 2015
- Coverage of technologies that are able to capture carbon dioxide from stationary sources at the point of emission; the report, however, does not evaluate technologies that are used to capture other global warming gases such as methane
- Examination of current and pending U.S., state, and international regulations governing the emission of carbon dioxide
- Comprehensive company profiles and patent evaluations.
- The global market for carbon capture technologies increased from $80.2 billion in 2006 to $88.7 billion in 2007. It should reach $236.3 billion by 2012, a compound annual growth rate (CAGR) of 21.8%.
- The post-combustion segment has the largest share of the market and is expected to generate about $10 billion per year in spending at a CAGR of 15.7% between 2007 and the end of 2012.
- Global government and private research spending for carbon capture technologies is expected to remain at approximately $2.1 billion to $2.4 billion per year between 2007 and the end of 2012.
Carbon dioxide demand as an industrial gas will increase at an AAGR (average annual growth rate) of 2.4% from $3.2 billion in 2003 to $3.6 billion in 2008.
Energy-related CO2 emissions will increase at an AAGR of 2.4%, unchanged from the 2000-2003 period, due to increased use of natural gas for power generation and the adoption of carbon trading mechanisms.
Global CO2 concentration will increase at an AAGR corresponding to 1.6% to 859 gigatons.
CO2 trading rose from 8 million tons/year in 2000 to 29 million tons in 2003 and will continue to climb at an AAGR of 38.7% through 2008.