China Carbon Capture And Storage Market Size & Outlook
China carbon capture and storage market, 2018-2030 (US$M)
Related Markets
China carbon capture and storage market highlights
- The China carbon capture and storage market generated a revenue of USD 306.0 million in 2023 and is expected to reach USD 474.3 million by 2030.
- The China market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, power generation was the largest revenue generating application in 2023.
- Power generation is the most lucrative application segment registering the fastest growth during the forecast period.
Carbon capture and storage market data book summary
| Market revenue in 2023 | USD 306.0 million |
| Market revenue in 2030 | USD 474.3 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Power generation |
| Fastest growing segment | Power generation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Power generation, Oil & Gas, Metal production, Cement |
| Key market players worldwide | Shell PLC, Aker Solutions ASA, Equinor ASA, Linde PLC, Siemens AG, Fluor Corp, Sulzer AG, Mitsubishi Corp, Dakota Gasification |
Other key industry trends
- In terms of revenue, China accounted for 8.8% of the global carbon capture and storage market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China carbon capture and storage market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 137.3 million by 2030.
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Carbon Capture And Storage Market Scope
Carbon Capture And Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 70.26% in 2023. Horizon Databook has segmented the China 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.
- China Carbon Capture And Storage Application Outlook (Revenue, USD Million, 2018-2030)
- Power generation
- Oil & Gas
- Metal production
- Cement
- Others
- China 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 China 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 country-level data and insights on the China carbon capture and storage market , including forecasts for subscribers. This country databook contains high-level insights into China carbon capture and storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China carbon capture and storage market size, by application, 2018-2030 (US$M)
China Carbon Capture And Storage Market Outlook Share, 2023 & 2030 (US$M)
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