Press release
Carbon Capture and Storage In Global Market Expected To Reach At A CAGR Of 9.18% From The Period 2017 - 2021
Market Research Report
The use of CCS technology is one of the novel ideas that help reduce the amount of CO released into the atmosphere by fossil fuel-dependent industries such as power generation and oil and gas processing. The basic functioning of the CCS technology includes capturing the CO before its release into the atmosphere and then transporting and storing it in an environmentally safe location.
Technavios analysts forecast the global carbon capture and storage market to grow at a CAGR of 9.18% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global carbon capture and storage market for 2017-2021. To calculate the market size, the report analyzes business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Carbon Capture and Storage Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Babcock & Wilcox
ENGIE
GE Power
The Linde Group
Mitsubishi Heavy Industries
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Other prominent vendors
Air Products and Chemicals
Aker Solutions
Amec Foster Wheeler
Chevron
Fluor
Hitachi
Net Power
Schlumberger
Shell
Siemens
Statoil
Sulzer
Market driver
Growing demand to reuse CO
For a full, detailed list, view our report
Market challenge
Risks associated with CCS
For a full, detailed list, view our report
Market trend
Growing popularity of CCS projects in developing nations
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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