Synthesis of Chemicals from Carbon Dioxide (CO2) Industry Research 2024: Comparative Analysis of Different CO2 to Chemicals Conversion Technologies - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Technology Growth Opportunities in the Synthesis of Chemicals from Carbon Dioxide (CO2)" report has been added to ResearchAndMarkets.com's offering.

This study covers the various technologies that allow the synthesis of chemicals from CO2, focusing on approaches that transform captured CO2 into commodity, fine, and specialty chemicals.

It examines the industry efforts to increase the commercial potential of these technologies, identifying 7 pivotal approaches to converting CO2 into chemicals: thermal conversion, electrochemical conversion, catalytic copolymerization, enzymatic conversion, mineralization, plasma catalysis, and photo-assisted conversion.

With climate change concerns becoming increasingly urgent, there is a growing global emphasis on sustainability, including a focus on reducing carbon footprints and using green chemicals. While chemical manufacturers across regions are looking for new ways to minimize carbon dioxide (CO2) emissions from their facilities, there is also rising demand for CO2 as a raw material.

The study also highlights the factors driving and restraining the adoption of these technologies and offers an overview of the patents in this domain. It provides a detailed regional analysis, covering information on trends, research and development (R&D) efforts, and stakeholder initiatives, along with a cost analysis of CO2 utilization for various chemical products. The growth opportunities emerging from the shifts in this space have also been identified for market players and stakeholders to leverage.

Growth Opportunity Universe for the Synthesis of Chemicals from CO2

• Catalysts to Improve the Efficiency of the Synthesis of Chemicals from CO2
• Hybrid Systems with Higher Energy Efficiency to Synthesize Chemicals from CO2
• Standardized Global Regulations for Achieving Economic Benefits

Key Topics Covered:

Transformation in the Synthesis of Chemicals from CO2

• Why Is It Increasingly Difficult to Grow?
• The Strategic Imperative
• The Impact of the Top 3 Strategic Imperatives on the Synthesis of Chemicals from CO2 Industry

Ecosystem

• Research Methodology
• Research Scope
• Segmentation
• Comparison between the Production of a Chemical from CO2 and the Conventional Production of the Same Chemical
• Conversion Applications of CO2

Growth Opportunity Analysis

• Industrial Landscape: Rising CO2 Emissions and Growing Demand for CO2 as a Raw Material
• Present and Future CO2 Utilization Demand across Industries
• CO2 Storage Challenges and Energy-efficiency Needs

Growth Generator

• Growth Drivers
• Growth Restraints

Regional Trends for the Synthesis of Chemicals from CO2

• Carbon Capture, Utilization, and Storage (CCUS) Outlook: North America
• Industry Initiatives: North America
• CCUS Outlook: Asia-Pacific
• Industry Initiatives: Asia-Pacific
• CCUS Outlook: Europe
• Industry Initiatives: Europe
• CCUS Outlook: Latin America, the Middle East, and Africa (LAMEA)
• Industry Initiatives: LAMEA

Technology Analysis

• Approaches for the Conversion of CO2 to Chemicals
• Comparative Analysis of Different CO2 to Chemicals Conversion Technologies
• Thermal Conversion: An Energy-efficient Path for Chemical Production
• Electrochemical Conversion: Most Promising Approach for Converting CO2 into Valuable Chemicals
• Catalytic Copolymerization: An Approach that Extracts Specialty Chemicals from CO2
• Enzymatic Conversion: A Promising Approach due to High Selectivity and Yield
• Mineralization: A Cost-effective way to Eliminate CO2 Emission from Various Industrial Sources through Direct Air Capture
• Plasma Catalysis: A Process that
• Photo-assisted Conversion: A Process Challenged by High Complexity and Low Selectivity

Industry Efforts Enabling the Synthesis of Chemicals from CO2

• Industry Initiatives: Start-ups Entering Early Stages of Commercialization
• Industry Initiatives: Academia Focus on the Electrochemical Approach
• Key Public Funding Activities Prioritizing Technology Advancement
• Key Private Funding Activities to Expedite Commercialization
• Key Partnerships and Joint Ventures
• Venture Capital Surge in CO2-derived Chemicals: An Outlook

Patent Landscape

• China Dominates the Patents Space for the Synthesis of Chemicals from CO2
• Academia Drives Research on the Synthesis of Chemicals from CO2
• Key Focus Areas of Top Assignees by Conversion Approach and Chemical Produced

Appendix

• Technology Readiness Level (TRL): Explanation

Best Practices Recognition

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