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 .