Carbon Capture Utilization and Storage Market

Carbon Capture Utilization and Storage Market by Service (Capture, Transportation, Storage, Utilization), End-Use Industry (Natural Gas, Power Generation, Hydrogen, Fertilizers, Oil Refining) and Region - Global Forecast to 2026

Report Code: CH 7763 Jan, 2022, by marketsandmarkets.com

[191 Pages Report] The global carbon capture, utilization, and storage market size is projected to grow from USD 2.1 billion in 2021 to USD 7.7 billion by 2026, at a CAGR of 29.8%. The carbon capture, utilization, and storage market is growing due to the rise in demand from various end-use industries, globally. The carbon capture, utilization, and storage market is expected to decline in 2020 due to COVID-19. However, the end of lockdown and recovery in the application sector will stimulate the demand during the forecast period.

Carbon Capture, Utilization, and Storage Market

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Impact of COVID-19 on global Carbon capture, utilization, and storage market

The carbon capture, utilization, and storage market is expected to witness a decline in market in 2020 due to the COVID-19 pandemic. This deadly virus has adversely affected the entire globe, especially the North America and European regions. To prevent the further spread of this virus, companies have shut down their operations and manufacturing facilities and government restricted the construction activities. This has led to a reduction in the consumption of carbon capture, utilization, and storage across end-use industries.

COVID-19 and pre–existing regulatory issues such as protracted permitting procedures have slowed down the production of end-use industries, reducing the demand for carbon capture, utilization, and storage. However, the demand for carbon capture, utilization, and storage is expected to recover in 2021. China was the first country affected by COVID-19, disrupting the global carbon capture, utilization, and storage supply chain and resulting in reduced manufacturing activities across several end-use industries. However, various end-use industries have resumed manufacturing activities and are soon expected to recover from the impact, resulting in the rise in demand for carbon capture, utilization, and storage.

Market Dynamics of global Carbon Capture, Utilization, and Storage Market

Growing focus on reducing CO2 emissions to augment the market growth

Carbon capture, utilization, and storage captures CO2 via various methods and use or store it to avoid its release into the atmosphere. The use of fossil fuels and natural gas to produce electricity is the major source of CO2 emissions worldwide. Carbon capture, utilization, and storage can prevent greenhouse gases from entering the atmosphere. Therefore, growing concerns about climate change are responsible for the increasing carbon capture, utilization, and storage adoption to reduce emissions. For instance, due to the increase in carbon emissions from burning fossil fuel for energy which contributes to global warming, President Joe Biden signed an executive order declaring that America would produce 100% carbon-free electricity by 2035. Furthermore, to support the adoption of carbon capture, utilization, and storage, governments of various countries are offering numerous advantages to achieve net-zero emissions. Some of the advantages offered by government entities are tax credit and government subsidies benefitting the plant owners.

Increasing demand for CO2 – EOR techniques to propel the market growth

CO2 is widely used in various industries, such as food & beverage, manufacturing, and metal fabrication. Earlier, most of the CO2 used for EOR techniques was recovered from naturally occurring reservoirs. However, new technologies are being developed to produce CO2 from industrial applications, such as ethanol, fertilizer, hydrogen plants, and natural gas processing, where naturally occurring reservoirs are unavailable. EOR techniques include thermal recovery, gas injection, and chemical injection. The use of CO2-EOR techniques helps produce 30–60% or more oil from reservoirs, restore reservoir pressure, reduce viscosity, decrease oil density, and increase the permeability of carbonate formations.

High cost to restrain the market growth

The cost of carbon capture and storage, including all the initial expenses and ongoing operational & maintenance expenditures of carbon capture and storage plant, is higher than non-carbon capture and storage using the same fuel and net electricity output. The carbon capture and storage cost include all components of the value chain: CO2 capture at the plant, its transport, and storage. The efficiency penalties caused by energy absorbed in capture processes and the addition of capture-specific equipment are the major cost drivers of the CO2 capture process. Factors such as initial exploration, site assessment, and site preparation are considered to calculate storage costs. Also, there are monitoring costs, which hinder the plant manufacturers from implementing carbon capture, utilization, and storage.

Large number of upcoming projects in Asia Pacific to boost the market growth

Current and upcoming projects of carbon capture, utilization, and storage in the Asia Pacific have created an excellent gateway toward adopting carbon capture, utilization, and storage. China and Australia are the early adopters of carbon capture, utilization, and storage in the region. The current line-up of carbon capture and storage projects in these countries is expected to create an immense opportunity for the companies operating in the storage carbon capture, utilization, and storage ecosystem. Other than Australia and China, South Korea and India also focus on adopting carbon capture, utilization, and storage.

The transportation service segment registered the highest CAGR, in terms of value, during the forecast period

Transportation is the second process that is followed after capturing the carbon. It involves carrying carbon from capture location to storage area; trucks, ships, and pipelines are the most common modes for this purpose. Pipelines are most preferred as they offer lower costs in the long run. Pipelines also have the least emission in transporting carbon, making it most effective for the cause. For commercial applications, onshore trucks are preferred, while for EOR and storage applications, pipelines are preferred both on and offshore. Pipelines are widely used for the transportation of CO2.

Carbon Capture, Utilization, and Storage Market by Region

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North America held the largest market share in the carbon capture, utilization, and storage market

North America dominated the global carbon capture, utilization, and storage market in 2020. This dominance is attributed to the rising demand from end-use industries in the region. The markets in the regions are expected to register high growth in comparison to other regions owing to the large scale development projects of carbon capture, utilization, and storage.

Key Market Players

The key players in the global carbon capture, utilization, and storage market are:

  • Fluor Corporation (US)
  • ExxonMobil Corporation (US)
  • Linde plc (UK)
  • Royal Dutch Shell Plc (Netherlands)
  • Mitsubishi Heavy Industries, Ltd (Japan)
  • JGC Holdings Corporation (Japan)
  • Schlumberger Limited (US)
  • Aker Solutions (Norway)
  • Honeywell International Inc. (US)
  • Equinor ASA (Norway)
  • TotalEnergies SE (France)
  • Hitachi, Ltd (Japan)
  • Siemens AG (Germany)
  • General Electric (US)
  • Halliburton (US)

These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the carbon capture, utilization, and storage industry. The study includes an in-depth competitive analysis of these key players in the carbon capture, utilization, and storage market, with their company profiles, recent developments, and key market strategies.

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Scope of the Report

Report Metric

Details

Years considered for the study

2017–2020

Base year

2020

Forecast period

2021–2026

Units considered

Value (USD million)

Segments

Service, End-Use Industry, and Region

Regions

Europe, North America, APAC, MEA, and South America

Companies

Fluor Corporation (US), ExxonMobil Corporation (US), Linde plc (UK), Royal Dutch Shell Plc (Netherlands), Mitsubishi Heavy Industries, Ltd (Japan), JGC Holdings Corporation (Japan), Schlumberger Limited (US), Aker Solutions (Norway), Honeywell International Inc. (US), Equinor ASA (Norway), TotalEnergies SE (France), Hitachi, Ltd (Japan), Siemens AG (Germany), General Electric (US), Halliburton (US).

This research report categorizes the carbon capture, utilization, and storage market based on service, end-use industry, and region.

By Service:

  • Capture
  • Transportation
  • Storage
  • Utilization

By End-Use Industry:

  • Natural Gas
  • Power Generation
  • Hydrogen
  • Fertilizers
  • Oil Refining
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Recent Developments

  • In October 2021, ExxonMobil Corporation signed an expression of interest to capture, transport and store CO2 from its Fife Ethylene Plant. It increased its participation in the Acorn carbon capture project in Scotland to achieve this.
  • In September 2020, Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries, Ltd. (MHI), worked with Nippon Kaiji Kyokai (Japan) and Kawasaki Kisen Kaisha, Ltd. (Japan) to conduct test operations and measurements for a small-scale ship-based CO2 capture demonstration plant. This technology is being tested to verify the equipment’s use as a marine-based CO2 capture system.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 18)
    1.1 OBJECTIVES OF STUDY
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED FOR STUDY
    1.4 CURRENCY
    1.5 UNIT CONSIDERED
    1.6 LIMITATIONS
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 22)
           FIGURE 1 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: RESEARCH DESIGN
    2.1 BASE NUMBER CALCULATION
           2.1.1 SUPPLY-SIDE APPROACH
           2.1.2 DEMAND-SIDE APPROACH
    2.2 FORECAST NUMBER CALCULATION
           2.2.1 SECONDARY DATA
           2.2.2 PRIMARY DATA
                    2.2.2.1 Primary interviews – Top carbon capture, utilization, and storage manufacturers
                    2.2.2.2 Breakdown of primary interviews
                    2.2.2.3 Key industry insights
    2.3 MARKET SIZE ESTIMATION
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: TOP-DOWN APPROACH
    2.4 DATA TRIANGULATION
           FIGURE 4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: DATA TRIANGULATION
    2.5 FACTOR ANALYSIS
    2.6 ASSUMPTIONS
    2.7 LIMITATIONS & RISKS

3 EXECUTIVE SUMMARY (Page No. - 29)
    FIGURE 5 CAPTURE SERVICE DOMINATED CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN 2020
    FIGURE 6 NATURAL GAS END-USE INDUSTRY WAS LARGEST IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN 2020
    FIGURE 7 NORWAY TO BE FASTEST-GROWING REGION IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DURING FORECAST PERIOD
    FIGURE 8 NORTH AMERICA LED CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN 2020

4 PREMIUM INSIGHTS (Page No. - 33)
    4.1 ATTRACTIVE OPPORTUNITIES IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET
           FIGURE 9 HIGH DEMAND FROM END-USE INDUSTRIES TO DRIVE CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET
    4.2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE
           FIGURE 10 CAPTURE SERVICE DOMINATED OVERALL MARKET IN 2020
    4.3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY
           FIGURE 11 NATURAL GAS END-USE INDUSTRY SEGMENT DOMINATED CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET
    4.4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY KEY COUNTRY
           FIGURE 12 MARKET IN UK TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 35)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Growing focus on reducing CO2 emissions
                    5.2.1.2 Increasing demand for C02-EOR techniques
                    5.2.1.3 Rising environmental awareness to increase natural gas demand
           5.2.2 RESTRAINTS
                    5.2.2.1 High cost of carbon capture and storage
                    5.2.2.2 Safety concerns at storage sites
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Continuous investments in developing innovative capturing technologies enable economic operations
                    5.2.3.2 Large number of upcoming projects in Asia Pacific
                    5.2.3.3 Announcement of large capacity hydrogen projects
           5.2.4 CHALLENGES
                    5.2.4.1 Reducing CO2 capturing costs
                    5.2.4.2 High initial investments
    5.3 PORTER'S FIVE FORCES ANALYSIS
           FIGURE 14 PORTER'S FIVE FORCES ANALYSIS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET
           5.3.1 BARGAINING POWER OF SUPPLIERS
           5.3.2 BARGAINING POWER OF BUYERS
           5.3.3 THREAT OF SUBSTITUTES
           5.3.4 THREAT OF NEW ENTRANTS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
                    TABLE 1 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: PORTER'S FIVE FORCES ANALYSIS
    5.4 TECHNOLOGY ANALYSIS
    5.5 ECOSYSTEM: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET
           FIGURE 15 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: ECOSYSTEM
    5.6 VALUE CHAIN ANALYSIS
           FIGURE 16 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: VALUE CHAIN ANALYSIS
           5.6.1 SOURCE CHARACTERIZATION
           5.6.2 CAPTURE/SEPARATION
           5.6.3 PURIFICATION, COMPRESSION, & TRANSPORTATION
           5.6.4 UTILIZATION/STORAGE
    5.7 SUPPLY CHAIN ANALYSIS
           TABLE 2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: SUPPLY CHAIN
    5.8 IMPACT OF COVID-19
           5.8.1 SHORTAGE OF LIQUIDITY
           5.8.2 DELAY IN PROJECTS
           5.8.3 INCREASING ROLE OF GOVERNMENT TO DRIVE MARKET
    5.9 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS
           TABLE 3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: CAGR (BY VALUE) IN REALISTIC, PESSIMISTIC, AND OPTIMISTIC SCENARIOS
           5.9.1 OPTIMISTIC SCENARIO
           5.9.2 PESSIMISTIC SCENARIO
           5.9.3 REALISTIC SCENARIO
    5.10 PRICING ANALYSIS
    5.11 KEY MARKETS FOR IMPORTS/EXPORTS
           5.11.1 US
           5.11.2 CHINA
           5.11.3 SAUDI ARABIA
           5.11.4 NORWAY
           5.11.5 AUSTRALIA
    5.12 PATENT ANALYSIS
           5.12.1 INTRODUCTION
           5.12.2 METHODOLOGY
           5.12.3 DOCUMENT TYPE
                     FIGURE 17 GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE, 2010–2020
                     FIGURE 18 PUBLICATION TRENDS, 2010–2020
           5.12.4 INSIGHTS
           5.12.5 LEGAL STATUS OF PATENTS
                     FIGURE 20 PATENT JURISDICTION ANALYSIS, 2020
           5.12.6 TOP APPLICANTS OF PATENTS
                     FIGURE 21 TOP APPLICANTS OF PATENTS
           5.12.7 LIST OF PATENTS BY LANZATECH NEW ZEALAND LIMITED
           5.12.8 LIST OF PATENTS BY ALSTOM TECHNOLOGY LTD
           5.12.9 LIST OF PATENTS BY EXXONMOBIL RESEARCH & ENGINEERING COMPANY
           5.12.10 TOP TEN PATENT OWNERS (US) DURING LAST 10 YEARS
    5.13 TARIFFS AND REGULATIONS
           TABLE 4 CURRENT STANDARD CODES FOR CARBON CAPTURE, UTILIZATION, AND STORAGE
    5.14 CASE STUDY: CARBON CAPTURE, UTILIZATION, AND STORAGE
           FIGURE 22 CASE STUDY
    5.15 TRENDS AND DISRUPTIONS AFFECTING CUSTOMER'S BUSINESS
           FIGURE 23 YC AND YCC SHIFT

6 CARBON CAPTURE, UTILIZATION AND STORAGE MARKET, BY SERVICE (Page No. - 56)
    6.1 INTRODUCTION
           FIGURE 24 CAPTURE SERVICE TO DOMINATE CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DURING FORECAST PERIOD
           TABLE 5 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
           TABLE 6 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
    6.2 CAPTURE
           FIGURE 25 NORTH AMERICA TO BE BIGGEST MARKET FOR CARBON CAPTURE SERVICE
           TABLE 7 CARBON CAPTURE MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 8 CARBON CAPTURE MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           6.2.1 POST-COMBUSTION
                    6.2.1.1 Offers high CO2 capture efficiency of 99%
           6.2.2 OXY-FUEL
                    6.2.2.1 Simplified CO2 capture in comparison to conventional processes
           6.2.3 PRE-COMBUSTION
                    6.2.3.1 Eliminates CO2 from gas stream prior to its dilution with air or oxygen
    6.3 TRANSPORTATION
           FIGURE 26 EUROPE TO BE FASTEST-GROWING MARKET FOR TRANSPORTATION SERVICE
           TABLE 9 TRANSPORTATION SERVICE MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 10 TRANSPORTATION SERVICE MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    6.4 UTILIZATION
           FIGURE 27 EUROPE TO BE LARGEST MARKET FOR UTILIZATION SERVICES DURING FORECAST PERIOD
           TABLE 11 UTILIZATION SERVICE MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 12 UTILIZTION SERVICE MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    6.5 STORAGE
           FIGURE 28 EUROPE TO BE FASTEST-GROWING MARKET FOR STORAGE SERVICE
           TABLE 13 STORAGE SERVICE MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 14 STORAGE SERVICE MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           6.5.1 GEOLOGICAL STORAGE
                    6.5.1.1 Oil & Gas Reservoirs
                               6.5.1.1.1 Most efficient storage type
                    6.5.1.2 Unmineable Coal Beds
                               6.5.1.2.1 Further research required to optimize the process
                    6.5.1.3 Saline Aquifers
                               6.5.1.3.1 Less knowledge about saline aquifers' features compared to other storage types
           6.5.2 DEEP OCEAN STORAGE
                    6.5.2.1 Unpreferred over geological storage due to associated environmental risks

7 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY (Page No. - 68)
    7.1 INTRODUCTION
           FIGURE 29 POWER GENERATION INDUSTRY TO BE FASTEST-GROWING INDUSTRY IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DURING FORECAST PERIOD
           TABLE 15 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
           TABLE 16 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
    7.2 NATURAL GAS
           FIGURE 30 MIDDLE EAST & AFRICA TO BE FASTEST-GROWING CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN NATURAL GAS INDUSTRY
           TABLE 17 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN NATURAL GAS INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
           TABLE 18 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN NATURAL GAS INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
    7.3 POWER GENERATION
           FIGURE 31 NORTH AMERICA LED CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN POWER GENERATION INDUSTRY
           TABLE 19 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN POWER GENERATION INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
           TABLE 20 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN POWER GENERATION INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
    7.4 HYDROGEN
           FIGURE 32 EUROPE TO BE FASTEST-GROWING CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET FOR HYDROGEN INDUSTRY
           TABLE 21 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN HYDROGEN INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
           TABLE 22 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN HYDROGEN INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
    7.5 FERTILIZERS
           FIGURE 33 NORTH AMERICA TO BE FASTEST-GROWING CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN FERTILIZERS INDUSTRY
           TABLE 23 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN FERTILIZERS INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
           TABLE 24 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN FERTILIZERS INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
    7.6 OIL REFINING
           FIGURE 34 EUROPE TO BE LARGEST REGION IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET FOR OIL REFINING INDUSTRY
           TABLE 25 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN OIL REFINING INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
           TABLE 26 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN OIL REFINING INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
    7.7 OTHERS
           FIGURE 35 NORTH AMERICA TO BE FASTEST-GROWING REGION IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET FOR OTHER INDUSTRIES
           TABLE 27 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2017–2020 (USD MILLION)
           TABLE 28 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2021–2026 (USD MILLION)

8 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION (Page No. - 80)
    8.1 INTRODUCTION
           FIGURE 36 UK TO BE FASTEST-GROWING CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DURING FORECAST PERIOD
           TABLE 29 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 30 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.2 NORTH AMERICA
           TABLE 31 MAJOR CARBON CAPTURE, UTILIZATION, AND STORAGE PROJECTS IN NORTH AMERICA
           FIGURE 37 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SNAPSHOT
           8.2.1 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE
                    TABLE 32 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                    TABLE 33 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
           8.2.2 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY
                    TABLE 34 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
                    TABLE 35 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
           8.2.3 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY
                    TABLE 36 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 37 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.2.3.1 US
                               TABLE 38 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               ABLE 39 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.2.3.2 Canada
                               TABLE 40 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 41 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
    8.3 EUROPE
           TABLE 42 MAJOR CARBON CAPTURE, UTILIZATION, AND STORAGE PROJECTS IN EUROPE
           FIGURE 38 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SNAPSHOT
           8.3.1 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE
                    TABLE 43 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                    TABLE 44 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
           8.3.2 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY
                    TABLE 45 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
                    TABLE 46 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
           8.3.3 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY
                    TABLE 47 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 48 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.3.3.1 NORWAY
                               TABLE 49 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 50 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.3.3.2 UK
                               TABLE 51 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 52 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.3.3.3 Ireland
                               TABLE 53 IRELAND: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 54 IRELAND: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.3.3.4 Netherlands
                               TABLE 55 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 56 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.3.3.5 Rest of Europe
                               TABLE 57 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 58 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
    8.4 ASIA PACIFIC
           TABLE 59 MAJOR CARBON CAPTURE, UTILIZATION, AND STORAGE PROJECTS IN ASIA PACIFIC
           FIGURE 39 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SNAPSHOT
           8.4.1 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE
                    TABLE 60 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                    TABLE 61 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
           8.4.2 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY
                    TABLE 62 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
                    TABLE 63 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
           8.4.3 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY
                    TABLE 64 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 65 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.4.3.1 AUSTRALIA
                               TABLE 66 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 67 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.4.3.2 China
                               TABLE 68 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 69 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.4.3.3 South Korea
                               TABLE 70 SOUTH KOREA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 71 SOUTH KOREA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.4.3.4 Rest of Asia Pacific
                               TABLE 72 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 73 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
    8.5 MIDDLE EAST & AFRICA
           TABLE 74 MAJOR CARBON CAPTURE, UTILIZATION, AND STORAGE PROJECTS IN MIDDLE EAST & AFRICA
           8.5.1 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE
                    TABLE 75 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                    TABLE 76 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
           8.5.2 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY
                    TABLE 77 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
                    TABLE 78 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
           8.5.3 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY
                    TABLE 79 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 80 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.5.3.1 UAE
                               TABLE 81 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 82 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.5.3.2 Saudi Arabia
                               TABLE 83 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 84 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.5.3.3 Qatar
                               TABLE 85 QATAR: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 86 QATAR: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.5.3.4 Rest of Middle East & Africa
                               TABLE 87 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 88 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
    8.6 SOUTH AMERICA
           8.6.1 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE
                    TABLE 89 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                    TABLE 90 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
           8.6.2 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY
                    TABLE 91 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)
                    TABLE 92 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
           8.6.3 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY
                    TABLE 93 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 94 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                    8.6.3.1 Brazil
                               TABLE 95 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 96 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)
                    8.6.3.2 Rest of South America
                               TABLE 97 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION)
                               TABLE 98 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION)

9 COMPETITIVE LANDSCAPE (Page No. - 119)
    9.1 INTRODUCTION
    9.2 MARKET SHARE ANALYSIS
           FIGURE 40 SHARES OF TOP COMPANIES IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET
           TABLE 99 DEGREE OF COMPETITION: CONSOLIDATED
    9.3 MARKET RANKING
           FIGURE 41 RANKING OF TOP FIVE PLAYERS IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET
    9.4 MARKET EVALUATION FRAMEWORK
           TABLE 100 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: NEW PRODUCT LAUNCHES/DEVELOPMENTS, 2016–2021
           TABLE 101 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: OTHER DEALS, 2016–2021
    9.5 REVENUE ANALYSIS OF TOP MARKET PLAYERS
           FIGURE 42 REVENUE ANALYSIS
    9.6 COMPANY EVALUATION MATRIX
           TABLE 102 COMPANY PRODUCT FOOTPRINT
           TABLE 103 COMPANY END-USE INDSUTRY FOOTPRINT
           TABLE 104 COMPANY REGION FOOTPRINT
    9.7 COMPETITIVE LEADERSHIP MAPPING
           9.7.1 STARS
           9.7.2 PERVASIVE
           9.7.3 PARTICIPANTS
           9.7.4 EMERGING LEADERS
                    FIGURE 43 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2020
                    FIGURE 44 STRENGTH OF PRODUCT PORTFOLIO
                    FIGURE 45 BUSINESS STRATEGY EXCELLENCE
    9.8 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
           9.8.1 PROGRESSIVE COMPANIES
           9.8.2 RESPONSIVE COMPANIES
           9.8.3 DYNAMIC COMPANIES
           9.8.4 STARTING BLOCKS
                    FIGURE 46 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2020

10 COMPANY PROFILES (Page No. - 137)
     10.1 KEY COMPANIES
(Business Overview, Products Recent Developments, MnM View)* 
             10.1.1 FLUOR CORPORATION
                        TABLE 105 FLUOR CORPORATION: BUSINESS OVERVIEW
                        FIGURE 47 FLUOR CORPORATION: COMPANY SNAPSHOT
             10.1.2 EXXONMOBIL CORPORATION
                        TABLE 106 EXXONMOBIL CORPORATION: BUSINESS OVERVIEW
                        FIGURE 48 EXXONMOBIL CORPORATION: COMPANY SNAPSHOT
             10.1.3 LINDE PLC
                        TABLE 107 LINDE PLC: BUSINESS OVERVIEW
                        FIGURE 49 LINDE PLC: COMPANY SNAPSHOT
             10.1.4 ROYAL DUTCH SHELL PLC
                        TABLE 108 ROYAL DUTCH SHELL PLC: BUSINESS OVERVIEW
                        FIGURE 50 ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT
             10.1.5 MITSUBISHI HEAVY INDUSTRIES, LTD.
                        TABLE 109 MITSUBISHI HEAVY INDUSTRIES, LTD.: BUSINESS OVERVIEW
                        FIGURE 51 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
             10.1.6 JGC HOLDINGS CORPORATION
                        TABLE 110 JGC HOLDINGS CORPORATION: BUSINESS OVERVIEW
                        FIGURE 52 JGC HOLDINGS CORPORATION: COMPANY SNAPSHOT
             10.1.7 SCHLUMBERGER LIMITED
                        TABLE 111 SCHLUMBERGER LIMITED: BUSINESS OVERVIEW
                        FIGURE 53 SCHLUMBERGER LIMITED: COMPANY SNAPSHOT
             10.1.8 AKER SOLUTIONS
                        TABLE 112 AKER SOLUTIONS: BUSINESS OVERVIEW
                        FIGURE 54 AKER SOLUTIONS: COMPANY SNAPSHOT
             10.1.9 HONEYWELL INTERNATIONAL
                        TABLE 113 HONEYWELL INTERNATIONAL: BUSINESS OVERVIEW
                        FIGURE 55 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT
             10.1.10 EQUINOR ASA
                        TABLE 114 EQUINOR ASA: BUSINESS OVERVIEW
                        FIGURE 56 EQUINOR ASA: COMPANY SNAPSHOT
             10.1.11 TOTALENERGIES SE
                        TABLE 115 TOTALENERGIES SE: BUSINESS OVERVIEW
                        FIGURE 57 TOTALENERGIES SE: COMPANY SNAPSHOT
             10.1.12 HITACHI, LTD.
                        TABLE 116 HITACHI, LTD.: BUSINESS OVERVIEW
                        FIGURE 58 HITACHI, LTD.: COMPANY SNAPSHOT
             10.1.13 SIEMENS AG
                        TABLE 117 SIEMENS AG: BUSINESS OVERVIEW
                        FIGURE 59 SIEMENS AG: COMPANY SNAPSHOT
             10.1.14 GENERAL ELECTRIC
                        TABLE 118 GENERAL ELECTRIC: BUSINESS OVERVIEW
                        FIGURE 60 GENERAL ELECTRIC: COMPANY SNAPSHOT
             10.1.15 HALLIBURTON
                        TABLE 119 HALLIBURTON: BUSINESS OVERVIEW
                        FIGURE 61 HALLIBURTON: COMPANY SNAPSHOT
*Details on Business Overview, Products, Recent Developments, MnM View might not be captured in case of unlisted companies. 
     10.2 OTHER KEY MARKET PLAYERS
             10.2.1 CLIMEWORKS AG
             10.2.2 C-CAPTURE LTD
             10.2.3 TANDEM TECHNICAL
             10.2.4 CARBICRETE
             10.2.5 CARBON CLEAN
             10.2.6 GREEN MINERALS
             10.2.7 NEWLIGHT TECHNOLOGIES, INC.
             10.2.8 CARBONFREE CHEMICALS
             10.2.9 CARBON ENGINEERING, LTD.
             10.2.10 ELECTROCHAEA GMBH

11 APPENDIX (Page No. - 185)
     11.1 DISCUSSION GUIDE
     11.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
     11.3 AVAILABLE CUSTOMIZATIONS
     11.4 RELATED REPORT
     11.5 AUTHOR DETAILS

The study involves two major activities in estimating the current size of the carbon capture, utilization, and storage market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation procedures were used to determine the extent of market segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources such as annual reports, press releases, and investor presentations of companies; certified publications; articles from recognized authors; gold & silver standard websites; and various databases were referred to for identifying and collecting information for this study.

Secondary research was mainly conducted to obtain key information about the supply chain of the industry, the total pool of players, market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology & innovation directors, and related key executives from various leading companies and organizations operating in the carbon capture, utilization, and storage market. Primary sources from the demand side included procurement managers and experts from end-use industries.

Following is the breakdown of primary respondents:

Carbon Capture Utilization and Storage Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total carbon capture, utilization, and storage market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall carbon capture, utilization, and storage market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the whole market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To analyze and forecast the global carbon capture, utilization, and storage market size, in terms of volume and value
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze the market segmentation and forecast the market size based on resin type, manufacturing process, and application.
  • To analyze and forecast the market size based on five main regions, namely, Asia Pacific (APAC), Europe, North America, Middle East & Africa (MEA), and South America.
  • To analyze the market with respect to individual growth trends, prospects, and contribution of submarkets to the total market
  • To analyze the market opportunities and the competitive landscape for stakeholders and market leaders
  • To analyze competitive developments such as expansions, partnership, agreement, new product/technology launch, joint venture, contract, and merger & acquisition in the market
  • To profile key players and comprehensively analyze their market share and core competencies

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of Rest of Asia Pacific carbon capture, utilization, and storage market
  • Further breakdown of Rest of European Carbon capture, utilization, and storage market
  • Further breakdown of Rest of Middle East & Africa Carbon capture, utilization, and storage market
  • Further breakdown of Rest of South American Carbon capture, utilization, and storage market

Company Information

  • Detailed analysis and profiling of additional market players (up to 10)
Report Code
CH 7763
Published ON
Jan, 2022
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