Carbon Capture, Utilization & Storage Technologies Market Report 2025, with Profiles of Key Market Leaders including Air Liquide, Aker Carbon Capture, BASF, ExxonMobil, Fluor, Shell & TotalEnergies
The 'Carbon Capture, Utilization & Storage Technologies' report has been added to ResearchAndMarkets.com's offering.
This report analyzes the global market for CCUS technologies and its market dynamics. The report includes a discussion of the technological, competitive and economic trends affecting the market.
The Carbon Capture, Utilization & Storage Technologies Market was valued at USD 3.4 Billion in 2024, and is projected to reach USD 9.6 Billion by 2029, rising at a CAGR of 23.10%.
Carbon dioxide sequestration involves capturing carbon dioxide through chemical reactions (utilization) or underground storage in deep geologic storage and saline formations. This entire process, starting from capturing CO2 to its permanent storage or storage for future use, is termed carbon capture, utilization, and storage (CCUS). Industries, including manufacturing and processing, are the foundation for every nation's economic growth. Thus, they are the core of the global efforts towards clean energy transition. Industrial emissions from both process- and energy-intensive activities are often difficult to tackle. Therefore, a comprehensive carbon reduction strategy is necessary to support the transition towards carbon neutrality and a sustainable future. CCUS technologies offer a significant solution to mitigate these emissions and support the decarbonization of heavy industries.
Developed countries with high industrialization growth generate the majority of GHG emissions. This has created a significant carbon debt that needs to be addressed. The rapid economic growth in developing countries in the Asia-Pacific and Middle East and African (MEA) regions have led to a surge in their carbon emissions. This is primarily due to increased industrial activity, often relying on fossil fuels, growing energy demand for both industrial and residential purposes, and deforestation and unsustainable land-use practices. According to the UN Conference on Trade and Development, three countries - China, the U.S., and India - account for more than 50% of carbon dioxide emissions, and 20 countries account for 80% of the global emissions.
Report Scope
The report briefly covers CCUS technology segments. The global CCUS technologies market has been analyzed by technology, services, industry and region. The report concludes with profiles of 15 companies operating in the global CCUS technologies market.
The report includes:
67 data tables and 69 additional tables
An updated overview of the global market for carbon capture, utilization, and storage (CCUS) technologies
Analyses of the global market trends, with sales data for 2023, estimates for 2024, forecasts for 2025, 2027, and projections of compound annual growth rates (CAGRs) through 2029
Identification of key market dynamics, trends, opportunities and factors influencing the global CCUS technologies market and its subsegments
Highlights of the market potential for CCUS technologies market on the basis of technologies, industry, service and region
Description of CCUS value chain, climate policies and regulation of the industry
Discussion on importance of carbon capture technologies for achieving climate objectives, and widening the portfolio of low-carbon power sources, and information on Net-Zero and Negative Emissions
A discussion on ESG challenges and practices of the industry
Insights 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 Air Liquide, Aker Carbon Capture, BASF SE, ExxonMobil Corp., and Fluor Corp.
Key Attributes:
Report Attribute Details
No. of Pages 178
Forecast Period 2024 - 2029
Estimated Market Value (USD) in 2024 $3.4 Billion
Forecasted Market Value (USD) by 2029 $9.6 Billion
Compound Annual Growth Rate 23.1%
Regions Covered Global
Key Topics Covered:
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Porter's Five Forces Analysis
Value Chain Analysis: CCUS Technologies Market
Overview
Full-chain Business Model
Partial-chain Business Model
CO2 Capture-as-a-Service Business Model
SWOT Analysis: CCUS Technologies Market
Climate Change Policies and Regulations
Carbon Pricing
Paris Agreement
U.S.
Europe
Canada
China
Chapter 3 Market Dynamics
Market Drivers
Demand for Carbon-neutral Products
Rise of CCUS Hubs
Increased Focus on Carbon Dioxide Removal Credits
Increasing CCUS Demand in EOR Operations
Market Challenges
Shutdowns Due to Costs, Technical Failures
Low Utilization Rates
Market Opportunities
Renewed Momentum of CCUS Projects
Geographic Distribution of CCUS Projects
Synergies with CDR Technologies
Market Restraints
Public Resistance to CCUS Technologies
Chapter 4 Emerging Technologies and Developments
Advanced Membrane Technologies
Mixed Matrix Membranes
Metal-organic Frameworks
Molten Carbonate Fuel Cells
Chapter 5 Market Segment Analysis
Market Analysis by Technology
Pre-combustion Technology
Post-combustion Technology
Oxy-fuel Combustion Technology
Market Analysis by Service
Market Analysis by Industry
Oil and Gas
Power Generation
Chemicals and Petrochemicals
Other Industries
Market Analysis by Region
North America
South America
Asia-Pacific (APAC)
Middle East and Africa (MEA)
Europe
Chapter 6 Competitive Intelligence
Case Studies
Company Profiles
Air Liquide
Aker Carbon Capture
BASF
ExxonMobil
Fluor
GE Vernova
Honeywell International Inc.
Linde
Mitsubishi Heavy Industries Ltd.
SFW
Shell
Siemens Energy
Svante Technologies
Toshiba Corp.
TotalEnergies
For more information about this report visit https://www.researchandmarkets.com/r/5g69v5
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Copyright Business Wire 2025.
PUB: 03/17/2025 01:39 PM/DISC: 03/17/2025 01:39 PM
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