DUBLIN--(BUSINESS WIRE)--The "Carbon Capture and Sequestration - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Carbon Capture and Sequestration market accounted for $4.88 billion in 2017 and is expected to reach $16.90 billion by 2026 growing at a CAGR of 14.8% during the forecast period.
Some of the key factors such as rising ecological concern, and growing demand for co2-eor techniques are propelling the growth of the market.
Carbon Capture and Sequestration refers to the set of technologies that can significantly decrease carbon dioxide release from active and recent coal and gas fired power plants and business source. In addition to this, carbon capture and sequestration can also be used to reduce emissions from several industrial processes such as natural gas processing facilities cement production.
Based on the Application, Enhanced Oil Recovery (EOR) Process is a tertiary method used to boost the manufacturing charge in advanced oil wells. The gas injection EOR procedure injects CO2 in an oil or gas well to amplify the manufacturing charge of the well will result in the enduring storage space of carbon dioxide in the underground geological arrangement. This process is seen as a suitable way of sinking the effect of greenhouse gases on the atmosphere by Intergovernmental Panel on Climate Change and is being eagerly adopted by industries and major oil companies across the world.
By Geography, North America has the maximum number of operational carbon capture and sequestration projects worldwide. Enhanced oil recovery operations in the area have helped to enable the efficient cases of projects that are operationally positioned in Canada and the United States.
Furthermore, government support initiated approximately ten years back in the type of some regional/state and centralized initiatives include tax, credits, grants, etc. has been the most crucial.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Some of the key players profiled in the Carbon Capture and Sequestration Market include
- Hitachi, Ltd.
- Siemens AG
- Shell Global
- Schlumberger Limited
- Mitsubishi Heavy Industries, Ltd.
- Linde AG
- Honeywell International Inc.
- General Electric
- Fluor Corporation
- Exxonmobil Corporation
- Aker Solutions
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
3 Market Trend Analysis
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Carbon Capture and Sequestration Market, By Service Type
5.2 Industrial Process
5.4 Storage Molten
5.6.2 Oxy-Fuel Combustion
6 Global Carbon Capture and Sequestration Market, By Application
6.3 Enhanced Oil Recovery (EOR) Process
6.5 Other Applications
6.5.1 Pressurized Containers
7 Global Carbon Capture and Sequestration Market, By Geography
7.2 North America
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.5 Other Key Strategies
9 Company Profiling
For more information about this report, visit https://www.researchandmarkets.com/r/kufu3g.