Energy and Power Carbon Capture Sequestration Market

Carbon Capture Sequestration Market Projected to Reach
8.05 Billion till 2021 with CAGR 13.6%
The report "Carbon Capture and Sequestration Market by Service type (Capture (Pre-Combustion, Post-Combustion, & Oxy-
Fuel), Transport, and Sequestration), by Application (EOR, Industrial, and Agricultural), and by Region - Global Trends and
Forecast to 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.
Browse 65 market data Tables and 49 Figures spread through 140 Pages and in-depth TOC on "Carbon Capture and
Sequestration Market by Service type (Capture (Pre-Combustion, Post-Combustion, & Oxy-Fuel), Transport, and Sequestration),
by Application (EOR, Industrial, and Agricultural), and by Region - Global Trends and Forecast to 2021"
https://www.marketsandmarkets.com/Market-Reports/carbon-capture-sequestration-market-192793537.html
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Industrial Application the fastest growing segment of carbon capture and sequestration
The industrial application segment is expected to grow at the highest CAGR during the forecast period. Industrial processes such as
cement production, natural gas processing facilities, food & beverage manufacturing emit huge amount of greenhouse gas, and hence,
the demand for carbon capture and sequestration technology is expected to increase in industries to reduce emissions.
Capture Service the largest segment in the carbon capture & sequestration market
The capture segment occupied the largest market share in the carbon capture & sequestration market in 2015. The segment has further
been segmented into pre-combustion, post-combustion, and oxy-fuel. In 2015, the pre-combustion segment held the largest market share,
owing to increase in number of projects.
Scope of the Report:
•
By Service
o Capture
▪
•
By Capture Techniques
▪ Pre-combustion
▪ Post-combustion
▪ Oxy-fuel
o Transport
o Sequestration
By Application
o EOR Process
o Industrial
o Agricultural
o 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