potential leakage hazards associated with the dedicated storage facilities. Although not established till now, many questions are being raised regarding the impact of leakage of stored CO?. This doubt if proven true will counter the whole purpose of implementing the CCS project, which is reducing the effectiveness of CCS as an option for climate change mitigation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About carbon capture and storage
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.
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Market Reports Center’ s 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
Market Reports Center ' 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.