PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635111
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635111
Carbon Capture, Utilization, and Storage Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)
The global carbon capture, utilization, and storage (CCUS) market is experiencing significant growth, with its value projected to rise from $5.1 billion in 2024 to $18.0 billion by 2030, reflecting a robust compound annual growth rate (CAGR) of 23.3% during the forecast period (2025-2030). This expansion is primarily driven by the increasing focus on reducing carbon emissions and government initiatives aimed at achieving carbon neutrality by 2050.
Key Insights
The capture segment dominates the market as it represents the most crucial step in the process of mitigating carbon emissions. Transportation of captured CO2, primarily via pipelines, is gaining traction due to its efficiency. Utilization of CO2 for enhanced oil recovery and other industrial applications contributes to offsetting costs, while the storage segment ensures long-term sequestration of CO2 in geological formations.
Technological advancements such as pre-combustion capture, post-combustion capture, and oxy-fuel combustion capture are key drivers of the market. Pre-combustion methods are widely used in new power plants, post-combustion methods are suited for retrofitting older plants, and oxy-fuel technologies simplify the capture process by burning fossil fuels in pure oxygen.
The power generation sector holds the largest share of the market, driven by the need to curb emissions from coal and gas-fired plants. The oil and gas industry utilizes captured CO2 for enhanced oil recovery, while the fertilizer and chemical industries integrate CCUS to comply with stringent environmental regulations.
North America leads the market due to significant investments in CCUS projects and supportive policies, while Asia-Pacific is expected to grow at the fastest pace, driven by rapid industrialization and increasing environmental concerns in countries like China and India.
Market growth is further bolstered by advancements in carbon capture technologies that enhance efficiency and reduce costs, coupled with the rising popularity of carbon credit trading and compliance regulations. The competitive landscape features key players focusing on innovation and strategic collaborations to maintain market leadership, including major companies such as Shell, ExxonMobil, Chevron, and Mitsubishi Heavy Industries.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by technology
- 1.4.2. Market size breakdown, by end use
- 1.4.3. Market size breakdown, by service
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Technology (2019-2030)
- 6.3. Market Revenue, by End Use (2019-2030)
- 6.4. Market Revenue, by Service (2019-2030)
- 6.5. Market Revenue, by Region (2019-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Technology (2019-2030)
- 7.3. Market Revenue, by End Use (2019-2030)
- 7.4. Market Revenue, by Service (2019-2030)
- 7.5. Market Revenue, by Country (2019-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Technology (2019-2030)
- 8.3. Market Revenue, by End Use (2019-2030)
- 8.4. Market Revenue, by Service (2019-2030)
- 8.5. Market Revenue, by Country (2019-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Technology (2019-2030)
- 9.3. Market Revenue, by End Use (2019-2030)
- 9.4. Market Revenue, by Service (2019-2030)
- 9.5. Market Revenue, by Country (2019-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Technology (2019-2030)
- 10.3. Market Revenue, by End Use (2019-2030)
- 10.4. Market Revenue, by Service (2019-2030)
- 10.5. Market Revenue, by Country (2019-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Technology (2019-2030)
- 11.3. Market Revenue, by End Use (2019-2030)
- 11.4. Market Revenue, by Service (2019-2030)
- 11.5. Market Revenue, by Country (2019-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Technology (2019-2030)
- 12.3. Market Revenue, by End Use (2019-2030)
- 12.4. Market Revenue, by Service (2019-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Technology (2019-2030)
- 13.3. Market Revenue, by End Use (2019-2030)
- 13.4. Market Revenue, by Service (2019-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Technology (2019-2030)
- 14.3. Market Revenue, by End Use (2019-2030)
- 14.4. Market Revenue, by Service (2019-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Technology (2019-2030)
- 15.3. Market Revenue, by End Use (2019-2030)
- 15.4. Market Revenue, by Service (2019-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Technology (2019-2030)
- 16.3. Market Revenue, by End Use (2019-2030)
- 16.4. Market Revenue, by Service (2019-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Technology (2019-2030)
- 17.3. Market Revenue, by End Use (2019-2030)
- 17.4. Market Revenue, by Service (2019-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Technology (2019-2030)
- 18.3. Market Revenue, by End Use (2019-2030)
- 18.4. Market Revenue, by Service (2019-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Technology (2019-2030)
- 19.3. Market Revenue, by End Use (2019-2030)
- 19.4. Market Revenue, by Service (2019-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Technology (2019-2030)
- 20.3. Market Revenue, by End Use (2019-2030)
- 20.4. Market Revenue, by Service (2019-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Technology (2019-2030)
- 21.3. Market Revenue, by End Use (2019-2030)
- 21.4. Market Revenue, by Service (2019-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Technology (2019-2030)
- 22.3. Market Revenue, by End Use (2019-2030)
- 22.4. Market Revenue, by Service (2019-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Technology (2019-2030)
- 23.3. Market Revenue, by End Use (2019-2030)
- 23.4. Market Revenue, by Service (2019-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Technology (2019-2030)
- 24.3. Market Revenue, by End Use (2019-2030)
- 24.4. Market Revenue, by Service (2019-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Technology (2019-2030)
- 25.3. Market Revenue, by End Use (2019-2030)
- 25.4. Market Revenue, by Service (2019-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Technology (2019-2030)
- 26.3. Market Revenue, by End Use (2019-2030)
- 26.4. Market Revenue, by Service (2019-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Technology (2019-2030)
- 27.3. Market Revenue, by End Use (2019-2030)
- 27.4. Market Revenue, by Service (2019-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Technology (2019-2030)
- 28.3. Market Revenue, by End Use (2019-2030)
- 28.4. Market Revenue, by Service (2019-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Exxon Mobil Corporation
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. TotalEnergies SE
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Equinor ASA
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Shell Plc
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Fluor Corporation
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Linde plc
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Mitsubishi Heavy Industries Ltd.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Schlumberger Foundation
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Honeywell International Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Hitachi Ltd.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. L'AIR LIQUIDE S.A.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. LanzaTech Global Inc.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
