Carbon Capture & Storage Market Trends: Significant Growth Expected Through 2030

Comments · 1 Views

Carbon Capture & Storage Market size is valued at USD 4.3 billion in 2024 and is projected to reach USD 12.9 billion in 2030.

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Carbon Capture & Storage Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Carbon Capture & Storage Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

  • Historical Years: 2019–22
  • Base Year: 2023
  • Forecast Years: 2024–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/carbon-capture-storage-market.html (Discover the market potential, platform-specific insights, and key industry trends.)

Carbon Capture & Storage Market Outlook

According to the report Carbon Capture & Storage Market size is valued at USD 4.3 billion in 2024 and is projected to reach USD 12.9 billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 24.0% during the forecast period.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

In case you missed it, we're currently updating our reports. Click below to access a free PDF sample of the latest research, featuring forecasts from 2026 to 2032. The report includes market size, industry trends, and competitive analysis. Our team will promptly deliver the most recent version to you.

Carbon Capture & Storage Market Drivers:

Increasing Incorporation of CO2 in Enhanced Oil Recovery (EOR) Applications Proliferating Global Carbon Capture & Storage Market – Growing global demand for energy, coupled with declining production from mature oil fields, is driving the adoption of Enhanced Oil Recovery as a means of extending the life of oil reservoirs. The EOR technology efficiently utilizes the captured carbon to increase oil production. The captured CO2 when put in the oil reservoirs, efficiently works as a catalyst to boost the oil production. Owing to this, governments and industries around the world are recognizing the role of EOR in energy security and also fulfilling the climate objectives of emission reduction which is driving investment in the field of carbon capture and storage.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/carbon-capture-storage-market.html (Explore in-depth analyses, technological trends, and investment patterns.)

Carbon Capture & Storage Market Opportunity:

Proliferating Government Funding for Carbon Capture & Storage Plants Augmenting Market Growth – Governments and Non-Profit Organizations associated with climatic goals worldwide provide huge investments, finances, and support for carbon capture and storage technologies combating climate change and reducing GHG emissions. To reach the net-zero targets many countries have enacted policies, grants, and subsidies to accelerate the development and deployment of CCS technologies. Through direct funding, tax breaks, and regulatory environments, governments are significantly decreasing private firms' financial risks and encouraging innovation in the field of carbon emission mitigation.

Carbon Capture & Storage Market Segmentation

The study categorizes the Carbon Capture & Storage Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Capture Technology

  • Post Combustion Capture- Market Size & Forecast 2019-2030, USD Million
  • Pre-Combustion Capture- Market Size & Forecast 2019-2030, USD Million
  • Oxyfuel Technology- Market Size & Forecast 2019-2030, USD Million
  • Chemical Looping Combustion- Market Size & Forecast 2019-2030, USD Million

By Storage Technology

  • Geological Storage- Market Size & Forecast 2019-2030, USD Million
    • Depleted Oil and Gas Reservoirs- Market Size & Forecast 2019-2030, USD Million
    • Un-mineable Coal Bed Storage- Market Size & Forecast 2019-2030, USD Million
    • Saline Aquifers - Market Size & Forecast 2019-2030, USD Million
  • Deep Ocean Storage- Market Size & Forecast 2019-2030, USD Million

By End User

  • Biofuels- Market Size & Forecast 2019-2030, USD Million
  • Food and Beverage- Market Size & Forecast 2019-2030, USD Million
  • Pulp and Paper- Market Size & Forecast 2019-2030, USD Million
  • Cement and Concrete- Market Size & Forecast 2019-2030, USD Million
  • Iron and Steel- Market Size & Forecast 2019-2030, USD Million
  • Textiles- Market Size & Forecast 2019-2030, USD Million
  • Oil and Gas- Market Size & Forecast 2019-2030, USD Million
  • Power Generation- Market Size & Forecast 2019-2030, USD Million
  • Others (Chemicals, Fertilizers, etc.) - Market Size & Forecast 2019-2030, USD Million

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/carbon-capture-storage-market.html Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Carbon Capture & Storage Market Worldwide: Players, Analysis & Future Outlook

  • Shell Plc
  • Halliburton Company
  • Schlumberger Limited
  • Aker Solutions
  • Equinor ASA
  • Chevron Corporation
  • Carbon Engineering ULC
  • Fluor Corporation
  • Exxon Mobil Corporation
  • Linde Plc
  • Mitsubishi Heavy Industries Ltd.
  • JGC Holdings Corporation
  • TotalEnergies SE
  • Honeywell International Inc.
  • Climeworks
  • Others

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
  • Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/carbon-capture-storage-market.html

Frequently Asked Questions (FAQ)

  1. What is the projected growth rate of the Carbon Capture & Storage Market?
    2. What are the major factors driving this market’s growth?
    3. Which regions are expected to lead the Carbon Capture & Storage Market?
    4. Who are the prominent players in the Carbon Capture & Storage Market?
    5. How is the competition structured in this market?
    6. How can I access the full report?

About Us

MarkNtel Advisors is a leading research and consulting organization offering data-driven insights across the environmental sector, including environmental services, waste management, and water treatment solutions. Our studies evaluate technological advancements, regulatory frameworks, and infrastructure innovations shaping the sustainability agenda. Through Competitive Intelligence, we support clients in benchmarking performance, identifying eco-efficient opportunities, and achieving operational excellence aligned with global environmental standards and climate objectives.

Contact Us:
MarkNtel Advisors
Sector 63, Noida, Uttar Pradesh-201301, India
Contact No: +91 87199 99009
Email: sales@marknteladvisors.com
Website: https://www.marknteladvisors.com

Comments