Middle East & Africa Carbon Capture And Storage Market Size & Outlook
Middle East & Africa carbon capture and storage market, 2018-2030 (US$M)
Related Markets
MEA carbon capture and storage market highlights
- The MEA carbon capture and storage market generated a revenue of USD 195.5 million in 2023.
- The market is expected to grow at a CAGR of 5.4% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 195.5 million |
| Market revenue in 2030 | USD 281.6 million |
| Growth rate | 5.4% (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 |
| 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, MEA region accounted for 5.6% of the global carbon capture and storage market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,515.3 million by 2030.
Key Regions: UAE , U.S. , Japan , Brazil , South Africa
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Carbon Capture And Storage Market Scope
Carbon Capture And Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 69.77% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
- Middle East & Africa Carbon Capture And Storage Application Outlook (Revenue, USD Million, 2018-2030)
- Power generation
- Oil & Gas
- Metal production
- Cement
- Others
- Middle East & Africa 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 Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa carbon capture and storage market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa carbon capture and storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA carbon capture and storage market size, by country, 2018-2030 (US$M)
Middle East & Africa Carbon Capture And Storage Market Outlook Share, 2023 & 2030 (US$M)
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