Energy and Power Carbon Capture Sequestration Market
Carbon Capture Sequestration Market Strategy with Growth
Analysis till 2021
The carbon capture & sequestration market is projected to grow from an estimated USD 4.25
Billion in 2016 to USD 8.05 Billion by 2021, at a CAGR of 13.6% from 2016 to 2021. Factors such
as growing demand for power & CO2-EOR techniques and rising environmental concerns across
the globe are driving the market.
Carbon capture sequestration in the current scenario is becoming the key concern for investment
in energy and industrial sector due to excessive carbon emissions present in the atmosphere.
Industries worldwide are now investing in carbon emissions reduction technologies to regulate
limits, taxation, and price setting of carbon dioxide emissions because of greenhouse gas (GHG)
pollutant spur. Improvements are being made currently for energy efficiency and also for those
industries that have largely produced the carbon emissions reductions facility in the past decade.
CCS technologies are now adopted by biomass and gas power plants, in the fuel transformation
and gas processing sectors, and in emissions-intensive sectors like cement, iron and steel, and
chemicals manufacturing.
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Scope of the Report:
On the basis of Service:
(1) Carbon capture
(2) Carbon transport
(3) Carbon storage
On the basis of Capture Technology:
(1) Post-combustion capture,
(2) Pre-combustion capture, and
(3) Oxy-fuel combustion capture.
(4) Industrial Separation