Global Carbon Capture And Storage Market Size & Outlook
Global carbon capture and storage market, 2018-2030 (US$M)
Related Markets
Global carbon capture and storage market highlights
- The global carbon capture and storage market generated a revenue of USD 3,474.2 million in 2023 and is expected to reach USD 5,610.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.1% by 2030.
- In terms of segment, power generation accounted for a revenue of USD 2,383.2 million in 2023.
- Power generation is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,474.2 million |
| Market revenue in 2030 | USD 5,610.0 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Power generation |
| Fastest growing segment | Power generation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Power generation, Oil & Gas, Metal production, Cement |
Other key industry trends
- In terms of revenue, the North America accounted for 36.8% of the global carbon capture and storage market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 205.4 million by 2030.
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Carbon Capture And Storage Market Scope
Carbon Capture And Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global carbon capture and storage market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon capture and storage market will help companies and investors design strategic landscapes.
Power generation was the largest segment with a revenue share of 68.6% in 2023. Horizon Databook has segmented the Global carbon capture and storage market based on power generation, oil & gas, metal production, cement covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Carbon Capture And Storage Application Outlook (Revenue, USD Million, 2018-2030)
- Power generation
- Oil & Gas
- Metal production
- Cement
- Others
- Global Carbon Capture And Storage Technology Outlook (Revenue, USD Million, 2018-2030)
- Post combustion
- Industrial Process
- Pre-combustion
- Oxy-Combustion
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Target buyers of Global carbon capture and storage market databook
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Our clientele includes a mix of carbon capture and storage market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global carbon capture and storage market , including forecasts for subscribers. This global databook contains high-level insights into Global carbon capture and storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global carbon capture and storage market size, by region, 2018-2030 (US$M)
Top 10 countries by Carbon Capture And Storage Market revenue, 2023 (US$M)
Global carbon capture and storage market share, by application, 2023 & 2030 (%, US$M)
Carbon capture and storage market: Opportunity assessment by country
Global carbon capture and storage market, by region, 2023 (US$M)
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