Carbon Capture & Storage 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.
SCOPE OF THE REPORT
The report examines global markets for carbon dioxide capture and storage (CCS) technology, the status of competing carbon capture technologies as well as global technological research and development (R&D) for carbon capture technologies to prevent global warming. It also covers technologies able to capture carbon dioxide from stationary sources at the point of emission. This report does not cover technologies that are used to capture other global warming gases such as methane, water vapor, or various oxides of sulfur or nitrogen.
Major market and market segments are measured and forecasted for several years, including 2009, and 5-year forecasts are made to 2014 in most cases.
RICHARD HILTON, ANALYST
Mr. Hilton has a broad business background that includes many years as an analyst, project manager, product manager, and director of marketing for a major industrial firm. He has managed business planning, marketing research, and communications and product development.
He has experience as an editor of newsletters exploring emerging technologies and also has taught mathematics. Mr. Hilton has a Bachelor of Science in Business Logistics from Pennsylvania State University and a Master of Business Administration from Southern Illinois University. Of special interest to this study is his work on clean air technologies, catalysts, and ultra-pure materials and alternative energy sources
ANNA CRULL, CONSULTANT
Ms. Crull has more than 30 years of experience as a research scientist in both government and private industry and as a business and technical analyst. She has a Bachelor of Science from the School of Engineering, University of Mississippi, and a Master of Science in chemistry from the University of Missouri. Her industry experience includes working as a rocket/missile systems specialist for the U.S. Army Redstone Arsenal and on the development of recycled water systems for the Gemini spacecraft and materials used in tactile missiles. In addition to her extensive industry experience, she holds patents in the areas of polyurethane and polyester polymer formulation and their uses. She continues to work on special projects related to alternative energy, enhanced energy recovery, and air and water purification as related to clean coal technologies (CCTs).
Key areas of experience as a business and technical consultant have been in advanced technology areas with an emphasis on reliability, market forecasting, and utilization of intelligence and advanced materials technology. Her clients in both industry and government include DuPont, Fluor Corp, Corning, Inc., Coca-Cola, Bethlehem Steel, Chevron Research, Mobil Chemical, Sime Darby Group, Toray Industries America, Asahi Kasei, the U.S. Department of State, the U.S. Army, and the U.S. Navy.
Projects include membrane and separation technologies, flame-retardant chemicals, commercial fluorine compounds, biopesticides, fillers and extenders for plastics, catalysts, and specialty chemicals for enhanced oil recovery, photovoltaic cells, proton exchange membranes, and battery separators. Analyses have also included monitors and sensors for air pollution and utilization of natural and synthetic zeolites.
Ms. Crull’s professional memberships have included the American Institute of Chemical Engineers, Society of Petroleum Engineers, American Chemical Society, Sigma Xi, European Membrane Society, and the North American Membrane Society.
- 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.
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