Press release
Smart Carbon Global Market Size, Share, Growth, Trends, By Type, By Application, By Technology, By End User, By Regional Forecast 2023-2032 Aker Solutions ASA, Equinor ASA, Fluor Corporation, Linde plc., A.P. Moller-Maersk Group
Smart Carbon Market
Smart Carbon Market Size, Growth Rate, And Forecast
The global smart carbon market size is expected to grow from $3.05 billion in 2022 to $3.56 billion in 2023 at a compound annual growth rate (CAGR) of 16.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart carbon market size is expected to reach $6.19 billion in 2027 at a CAGR of 14.9%.
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Smart Carbon Market Drivers
An increase in the number of enhanced oil recovery (EOR) projects is significantly contributing to the growth of the smart carbon market going forward. Enhanced oil recovery refers to extracting remaining oil from oil reservoirs through the injection of gasses and chemicals like carbon dioxide (CO2).
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Smart Carbon Market Segments
• By Type: Chemical Looping Combustion (CLC), Solvents and Sorbents, Bio-Energy CCS (BECCS), Direct Air Capture (DAC)
• By Source: Oil and Gas, Power Generation, Chemicals and Petrochemicals, Cement, Iron and Steel, Other Sources
• By Application: Urea Manufacturing, Synthetic Fuel, Chemical Production, Building Aggregates, Dry Ice, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Smart Carbon market.
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Smart Carbon Market Key Players
Major competitors in the Smart Carbon market include Aker Solutions ASA, Dakota Gasification Company, Equinor ASA, Fluor Corporation, Linde plc., A.P. Moller-Maersk Group, Mitsubishi Heavy Industries Ltd., Shell plc., Siemens AG, Sulzer Ltd., Honeywell International Inc., ExxonMobil Corporation, Trojan Battery Company LLC, Olam International, and Carbon Engineering Ltd.
The Business Research Company's "Global Smart Carbon Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high-level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Smart Carbon Market Include:
1. Executive Summary
2. Smart Carbon Market Characteristics
3. Smart Carbon Market Trends And Strategies
4. Smart Carbon Market - Macro Economic Scenario
5. Smart Carbon Market Size And Growth
.....
26. Africa Smart Carbon Market
27. Smart Carbon Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Carbon Market
29. Smart Carbon Market Future Outlook and Potential Analysis
30. Appendix
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