Press release
Carbon Capture and Sequestration Market Expands as Power, Cement, and Oil & Gas Industries Push Net-Zero Goals
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A129862
Introduction to CCS
Carbon capture and sequestration is a process designed to reduce greenhouse gas emissions by capturing carbon dioxide (CO2) from industrial sources and power plants, transporting it, and safely storing it underground in geological formations. By preventing CO2 from entering the atmosphere, CCS helps mitigate global warming and supports energy-intensive industries in meeting emission reduction goals.
CCS is especially valuable for hard-to-abate sectors such as cement, steel, chemicals, and fossil-fuel power generation-industries where renewable alternatives are not yet fully scalable.
Key Findings
By Type - The "other" segment accounted for two-thirds of the market share in 2024.
By Technology - Pre-combustion capture will see the fastest growth (CAGR 5.9%).
By End-Use Industry - Power generation leads with projected CAGR of 6.9%, highlighting its role in global decarbonization.
By Region - Asia-Pacific dominates growth, driven by industrial demand and supportive climate policies.
Market Dynamics
🔹 Growth Drivers
The rise in clean energy infrastructure investments is fueling the adoption of CCS. Governments and private companies are injecting billions into scaling the technology.
The U.S. Department of Energy allocated $1.3 billion for CCS projects, supporting shared CO2 transport and storage infrastructure.
Companies like Microsoft are investing in carbon removal agreements, including partnerships with Louisiana-based projects and pulp & paper industries.
Such large-scale commitments enhance cost-effectiveness, strengthen scalability, and position CCS as a central pillar of the low-carbon economy.
🔹 Challenges
Despite its promise, CCS faces hurdles:
Limited geological storage sites meeting depth and porosity requirements.
High costs and technical complexity in evaluating and maintaining storage reservoirs.
Concerns over long-term safety and leakage risks, which require strict monitoring.
These barriers may slow widespread adoption unless offset by policy support and technological innovation.
🔹 Opportunities
The global shift to clean energy is creating strong opportunities for the CCS market:
Integration with hydrogen and bioenergy (BECCS) to reduce emissions.
Shared CCS hubs and clusters, allowing multiple industries to share pipelines and storage.
Public-private investments in large-scale CO2 infrastructure, reducing financial barriers.
With climate policies tightening and industrial decarbonization accelerating, CCS is poised to play a critical role in global climate strategies.
Procure This Report (337 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/315dc0f521f978bce680b342f3c6af24
Segments Overview
The carbon capture and sequestration market is segmented into type, technology, end-use industry, and region.
🔹 By Type
Ocean sequestration
Terrestrial sequestration
Others
The terrestrial sequestration segment is projected to grow at the fastest CAGR of 6.1%. Strategies like afforestation, reforestation, and improved land management are gaining traction as nature-based carbon storage solutions.
🔹 By Technology
Pre-combustion capture
Post-combustion capture
Oxy-fuel combustion capture
Others
Pre-combustion capture is anticipated to grow at a CAGR of 5.9%, driven by rising adoption of Integrated Gasification Combined Cycle (IGCC) plants and demand for efficient early-stage CO2 removal methods.
🔹 By End-Use Industry
Oil & Gas
Power Generation
Iron & Steel
Cement
Others
The power generation sector will expand at the fastest CAGR of 6.9%, as fossil fuel plants adopt CCS to cut emissions and comply with strict government regulations.
Regional Insights
The CCS market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Asia-Pacific is expected to grow at the fastest CAGR of 6.7% during the forecast period.
Factors include rapid industrialization, high energy demand, and strong government support in countries like China and India.
Rising investments in CCS hubs, storage facilities, and large-scale pilot projects position Asia-Pacific as the leading CCS adopter in the coming decade.
Competitive Landscape
Major players in the global carbon capture and sequestration market include:
Siemens AG
Fluor Corporation
ExxonMobil Corporation
Chevron Corporation
Air Liquide
Linde Plc
Mitsubishi Heavy Industries Ltd.
China National Petroleum Corporation (CNPC)
Carbon Engineering Ltd.
These companies are investing in technology innovation, pilot projects, and large-scale CCS infrastructure to expand adoption and reduce costs.
Get a Customized Research Report: https://www.alliedmarketresearch.com/request-for-customization/A129862
Conclusion
The carbon capture and sequestration market is set to nearly double by 2034, reaching $6.6 billion, as nations and industries adopt CCS to meet net-zero emission targets. While storage limitations and high costs remain challenges, strong investments, government policies, and industrial applications will ensure CCS plays a vital role in the energy transition.
By enabling deep decarbonization for heavy industries and power generation, CCS is emerging as an indispensable tool in achieving global climate goals.
Trending Reports in Energy and Power Industry:
Carbon Capture and Sequestration Market
https://www.alliedmarketresearch.com/carbon-capture-and-sequestration-market-A129862
Bioenergy With CCS Market
https://www.alliedmarketresearch.com/bioenergy-with-ccs-market-A325513
Carbon Capture and Storage (CCS) in Power Generation Market
https://www.alliedmarketresearch.com/carbon-capture-and-storage-in-power-generation-market-A212152
Carbon Capture, Utilization, and Storage (CCUS) Market
https://www.alliedmarketresearch.com/carbon-capture-and-utilization-market-A12116
Carbon Capture Technology Market
https://www.alliedmarketresearch.com/carbon-capture-technology-market-A191506
Carbon Capture Market
https://www.alliedmarketresearch.com/carbon-capture-market-A175658
Renewable Energy Market
https://www.alliedmarketresearch.com/renewable-energy-market
Carbon Credit Trading Platform Market
https://www.alliedmarketresearch.com/carbon-credit-trading-platform-market-A145082
Carbon Credits Market
https://www.alliedmarketresearch.com/carbon-credits-market-A107126
Decarbonization Market
https://www.alliedmarketresearch.com/decarbonization-market-A325581
Low Carbon Building Market
https://www.alliedmarketresearch.com/low-carbon-building-market-A325511
Renewable Energy Certificates Market
https://www.alliedmarketresearch.com/renewable-energy-certificates-market
Waste to Energy Market
https://www.alliedmarketresearch.com/waste-to-energy-market
Energy Transition Market
https://www.alliedmarketresearch.com/energy-transition-market-A31819
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog:
https://blog.alliedmarketresearch.com
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Carbon Capture and Sequestration Market Expands as Power, Cement, and Oil & Gas Industries Push Net-Zero Goals here
News-ID: 4335327 • Views: …
More Releases from Allied Analytics LLP
Business Process Management Market: Digital Efficiency and Workflow Excellence A …
According to a new report published by Allied Market Business Process Management (BPM) Market Size, Share, Competitive Landscape and Trend Analysis Report, by Component (Solution, Service), by Business Function (Human Resource Management (HRM), Procurement and Supply Chain Management (SCM), Sales and Marketing, Accounting and Finance, Customer Service Support, Others), by Industry Vertical (BFSI, IT and Telecom, Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Others): Global Opportunity Analysis and…
AI and Machine Learning Transforming Business Operations, Strategy, and Growth A …
According to a new report published by Allied Market AI and Machine Learning in Business Market Size, Share, Competitive Landscape and Trend Analysis Report, by Component (Solution, Services), by Enterprise Size (Large Enterprise, Small and Middle-sized Enterprise), by Application (Data Analytics, Predictive Analytics, Cyber Security, Supply Chain and Inventory Management, Others), by Industry Vertical (BFSI, IT and Telecom, Retail, Manufacturing and logistics, Energy sector and Utilities, Healthcare, Others): Global Opportunity…
IT Services Market Outlook: Digital Transformation, Cloud Growth, and AI Impact! …
According to a new report published by Allied Market IT Services Market Size, Share, Competitive Landscape and Trend Analysis Report, by Approach (Reactive IT Services, Proactive IT Services), by Enterprise Size (Large Enterprise, Small and Medium-sized Enterprise), by Industry Vertical (BFSI, Government, Healthcare, Manufacturing, Media and Communications, Retail, IT and Telecom, Others), by Type (Design and Implementation, Operations and Maintenance), by Application (Systems and Network Management, Data Management, Application Management,…
Data Center Power Market Trends: Scaling Energy Infrastructure for Digital Growt …
According to a new report published by Allied Market Data Center Power Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product (UPS, PDU, Busway, Others), by End Use (IT & Telecom, BFSI, Government, Energy, Healthcare, Retail, Others): Global Opportunity Analysis and Industry Forecast, 2021 - 2031, The global data center power market size was valued at USD 11.2 billion in 2021 and is projected to reach USD 24…
More Releases for CCS
Carbon Capture and Storage (CCS) Market Set to Reach USD 49.52 Billion by 2030 a …
According to a new report by Maximize Market Research, the global Carbon Capture and Storage (CCS) market was valued at USD 12.57 billion in 2023 and is projected to reach USD 49.52 billion by 2030, growing at a CAGR of approximately 13.6%. The growth is driven by increasing regulatory pressure, industrial decarbonisation efforts and rising investments across regions worldwide.
â–º Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/14210/
♦ Key Highlights
Market size & CAGR:…
Silver Plated CCS Wire And Nickel Plated CCS Wire Market Size Trends and Forecas …
USA, New Jersey- According to Market Research Intellect, the global Silver Plated CCS Wire And Nickel Plated CCS Wire market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The silver plated and nickel plated copper-clad steel (CCS) wire market is witnessing steady growth due to rising…
DC Connector Market | Advantech Co., Ltd., Amphenol, CCS
Introduction:
The introduction to the report serves as a gateway into the comprehensive world of the dc connector market. As industries continue to evolve and adapt to changing consumer demands and technological advancements, understanding the market dynamics becomes paramount for industry stakeholders. The report takes on the responsibility of offering a profound and all-encompassing analysis of the dc connector market, catering to the needs of a diverse audience that includes manufacturers,…
GiroWeb CCS - Cashless Catering Solutions
Cashless solutions for business and education catering
GiroWeb is an IT systems provider focussing on complete solutions for cashless ordering, payment and transaction clearing in the area of communal catering. They have more than three decades of experience and competence around cash and cashless POS systems with payment solutions for business and education environments from kindergarten to university.
GiroWeb stands for cashless catering solutions with a competent and efficient one…
Carbon Capture and Sequestration (CCS) Market 2022 | Detailed Report
The market report delivers an all-inclusive analysis of the market structure along with a forecast of the various segments and sub-segments of the Carbon Capture and Sequestration (CCS) industry. This wide-ranging market research report acts as a backbone for the success of business in any niche. The Carbon Capture and Sequestration (CCS) market survey report has been prepared by conducting market research in a systematic manner. Moreover, the Carbon Capture…
Schrack Seconet and CCS – strong individually, but #STRONGER together.
Care Communication Solutions GmbH (CCS) is now part of the Schrack Seconet family. By combining our forces and concentrating our knowledge, we are expanding our market position in the health care sector.
Anyone who receives care in an Austrian healthcare facility probably uses a Schrack Seconet product. The company is already a market leader in Austria for communication systems in the healthcare sector and is also present with products and solutions…
