Energy and Power Carbon Capture Sequestration Market | Page 2

North America to dominate the market
In this report, the carbon capture & sequestration market has been analyzed with respect to six
regions, namely, North America, Africa, Asia-Pacific, South America, Europe, and the Middle East.
North America is estimated to dominate the market, owing to factors such as more number of
coal- and gas-fired power plants, which emit more greenhouse gases when compared with other
sources of power generation. Furthermore, Supreme Court of the United States has proposed a
carbon trading scheme, named US Clean Power Plan on February 2016, which is expected to be
implemented from 2017. This scheme aims at curbing carbon pollution from the power plants in
the U.S. In addition, the Canadian government, along with the industry partners, i s conducting
research on developing CCS technology at Alberta’s two largest universities. This creates huge
opportunities for carbon capture and storage market in Canada.
To enable an in-depth understanding of the competitive landscape, the report includes profiles
of some of the leading players in the carbon capture & sequestration market including Fluor
Corporation (U.S.), Linde AG (Germany), Shell CANSOLV (U.S.), Siemens (Germany), and Mitsubishi
Heavy Industries (Japan), among others. These players are trying to penetrate developing
economies and are adopting various methods to increase their market share.
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