Energy and Power Carbon Capture Sequestration Market | Page 2
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Agricultural
Others (Healthcare and pressurized containers)
North America to dominate the market
In this report, the carbon capture & sequestration market has been analysed 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, is 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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