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Carbon Capture And Storage Market (CCS Industry) Applications, Types, Market Analysis and Forecasts to 2025

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The global carbon capture and storage (CCS) market value is anticipated to exceed USD 8.75 billion by 2025
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Carbon Capture And Storage Market (CCS Industry):
Applications, Types, Market Analysis and Forecasts to
2025
The global carbon capture and storage (CCS) market value is anticipated to exceed USD 8.75 billion by
2025. The rising global energy demand along with the growing awareness towards reducing carbon
dioxide emissions in most of the industrial economies is anticipated to drive the CCS market.
Browse Detail Carbon Capture And Storage (CCS) Market Research Report @
http://www.hexareports.com/report/carbon-capture-and-storage-ccs-market/details
Currently, meaningful industrial CO2 capture is required particularly in the power sector. The increasing
adoption of gas injection techniques for enhanced oil recovery (EOR) across several matured petroleum
reserves globally is expected to be one of the key factors driving CCS demand.
Enhanced oil recovery (EOR) is expected to account for the highest demand with a net worth estimated
to reach over 6.18 billion by 2025. Prevalence of factors such as depleting oil reserves globally coupled
with heavy dependence on crude oil imports mainly in the Asia Pacific region is anticipated to be one of
the major reasons driving the demand for EOR activities globally.
CCS requirement in high purity industrial applications such as natural gas processing, coal-to-liquid (CTL),
ammonia, and hydrogen production facilities holds immense potential for project demonstration. The
segment is estimated to witness the fastest growth in terms volume of CO2 captured. Carbon capture and
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storage demand in the industrial sector is expected to grow at a CAGR of 6.2% from 2016 to 2025.
Get Sample Copy of Carbon Capture And Storage Market Report @
http://www.hexareports.com/sample/187509
Further Key Findings from the Study Suggest:
 The global CCS demand exceeded 61 million tons in 2015 and is estimated to grow at a CAGR of
6% from 2016 to 2025
 Post-combustion capture technology is anticipated to grow at the highest CAGR of 15.6% from
2016 to 2025
 Pre-combustion capture technology demand in the U.S. is estimated to exceed a total volume of
80 million tons by 2025
 Stringent regulatory framework for cleaner environment coupled with increasing CO2 injection
EOR technique in most of the depleted hydrocarbon basins are expected to be the major factors
driving demand in North America
 The Asia Pacific carbon capture and storage industry is expected to grow at the highest CAGR of
9.7% from 2016 to 2024.
Key players in Industry:
 Shell CANSLV
 AkerSolutions
 Statoil
 Linde Engineering
 Mitsubishi Heavy Industries
 Sulzer
ACTL with North West Sturgeon Refinery CO2 Stream in Canada, Future Gen 2.0 Project in U.S.A,
Preheat CCS & Don Valley Power Projects in UK are some of the upcoming projects over the next few
years
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