Carbon Capture & Sequestration Market Worth $8.15 Billion by 2022 - Growth in Exploration Activities, Research & Investment - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Carbon Capture & Sequestration Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022" report to their offering.

The carbon capture & sequestration market globally is estimated to be $4.25 Billion in year 2016, and is likely to grow with a CAGR of 13.9% from year 2016 to 2022, to reach $8.15 Billion by the end of year 2022.

These capturing technologies separates CO2 from other gases produced via industrial processes and electricity generation mainly by three different ways, pre-combustion, post-combustion and last oxy-fuel combustion. Millions of tons of CO2 are being transported for commercial uses every year that can be fulfilled by this capturing process.

Growth in exploration activities, research, and investment is expected to drive the growth. The carbon capture & sequestration market is likely to witness significant growth in the coming years owing to growing investment in emission reduction technologies. The carbon capturing and packing technology is still in its stages of development and globally, and later with the increasing awareness, growth in the market is expected.

North America is anticipated to dominate the market in terms of total deployment globally and Asia Pacific carbon capture and sequestration market share is expected to grow with a higher significant growth rate due to manufacturing industries' growth in China, Japan, and India. Rapid development along with an increase in pollution is likely to drive the CCS market. However, the initial investment cost involved and lack of awareness could possibly hinder the growth in Middle East & Africa region.

Companies Mentioned:

  • Aker Solutions
  • Basf
  • E3Tec Service
  • Exxonmobil Corporation
  • Fluor Corporation
  • General Electric
  • Halliburton
  • Hitachi, Ltd.
  • Honeywell International Inc.
  • Linde Ag
  • Mitsubishi Heavy Industries, Ltd.
  • Royal Dutch Shell

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Geographic Analysis

6. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/wgdfrj/global_carbon

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Carbon Emissions and Capture

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Carbon Emissions and Capture