Carbon Capture and Storage Market studies the process of capturing waste carbon dioxide (CO2) from large point sources, such as fossil fuel power plants, transporting it to a storage site, and depositing it where it will not enter the atmosphere, normally an underground geological formation.
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This report focuses on the Carbon Capture and Storage in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
EOR method is widely being adopted by oil & gas participants to extract oil and gas from mature fields. CO2 is considered to be an excellent displacing agent for EOR techniques because a large portion of injected CO2 remains in place in depleted reservoirs. Therefore, this method could provide a good option for CO2 sequestration to mitigate global warming. CO2 injection also presents potential benefits by alternatively injecting gas and water as slugs in the water-alternating-gas (WAG) method to control CO2 mobility and flood conformance.
The cost implemented in CCS technology is quite challenging, but the revenue from EOR has underpinned CCS investment decisions in China and the Middle East. The increasing demand for CO2 injection, owing to its aforementioned favorable properties in EOR, accompanied with the need to mitigate global warming, is likely to drive the CCS market.
Global Carbon Capture and Storage Market is spread across 145 pages, profiling 17 top companies and supported with tables and figures.
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North America CCS industry dominated the global demand accounting for over 60% of the total market. Stringent regulatory framework for cleaner environment coupled with increasing need of carbon dioxide in enhanced oil recovery processes owing to increasing number of matured oilfields are expected to be the major factors driving the industry penetration.
Asia Pacific is estimated to grow at the highest CAGR of 16.4% from 2016 to 2024. The emerging economies in the region such as China and India along with countries such as Japan, Indonesia and Malaysia are focusing on cleaner environment owing to rapid industrialization in the region, thereby, leading to increased carbon emissions.
The worldwide market for Carbon Capture and Storage is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.
Carbon Capture and Storage Industry Segment by Manufacturers
- Babcock & Wilcox, ENGIE, GE Power, The Linde Group, Mitsubishi Heavy Industries, Air Products and Chemicals, Aker Solutions, Amec Foster Wheeler, Chevron, Fluor, Hitachi, Net Power, Schlumberger, Shell, Siemens, Statoil and Sulzer
Market Segment by Type covers:
- Oxy-Firing & Post-Combustion
Market Segment by Applications can be divided into:
- Oil and Gas
- Iron and Steel
- Chemical Processing
- Power Generation
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There are 15 Chapters to deeply display the Global Carbon Capture and Storage Market.
Chapter 1: Describe Carbon Capture and Storage Introduction, product scope, market overview, market opportunities, market risk, and market driving force.
Chapter 2: Analyze the top manufacturers of Carbon Capture and Storage, with sales, revenue, and price of Carbon Capture and Storage, in 2015 and 2017.
Chapter 3: Display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2017.
Chapter 4: Show the global market by regions, with sales, revenue and market share of Carbon Capture and Storage, for each region, from 2011 to 2017.
Chapter 5, 6, 7, 8 and 9: Analyze and talked about the key regions, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11: Show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2017.
Chapter 12: In Chapter Eleven Carbon Capture and Storage market forecast, by regions, type and application, with sales and revenue, from 2017 to 2023.
Chapter 13, 14 and 15: Describe Carbon Capture and Storage sales channel, distributors, traders, dealers, appendix and data source.
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