Global Carbon Capture Utilization and Storage Market 2021


市场概况

The global carbon capture utilization and storage (CCUS) market was valued at $2,100 百万 2021 并预计达到 $12,160 百万 2031, 复合年增长率为 19.2% 之间 2022 和 2031. The market is driven by the increasing focus on reducing carbon emissions and the growing demand for enhanced oil recovery (EOR). 然而, there are key restraining factors, such as the lack of storage facilities and CO2 leakage from underground storage.

The growth of the CCUS market is primarily fueled by the rising emphasis on reducing carbon dioxide (二氧化碳) emissions, supportive government initiatives, and the growing demand for CO2 for enhanced oil recovery (EOR). CCUS involves capturing CO2 from large point sources like power generation plants, cement industries, and other industrial facilities that use fossil fuels or biomass. The captured CO2 is then compressed and transported for various applications or injected into deep geological formations for permanent storage. Some captured carbon is also utilized in the production of end products like urea and beverages. The surge in industrialization worldwide has led to increased CO2 emissions, prompting governments around the world, including the U.S., the Netherlands, the U.K., 中国, 和印度, to establish CO2 capture and storage plants. 此外, the focus on minimizing greenhouse gas emissions creates potential market demand for CCUS.

产品类别

市场报告

数量. 页数

152

发布日期

可能 2022

基准年

2021

预测期

2022-2031

市场规模

美元 2.1 十亿 2020

细分市场

应用, Capture Technology, 地区

地区

全球

数量. 提及的公司数量

20


The global CCUS market is still in its early stages, with emerging technologies like bio-based capturing and membrane capturing expected to reduce the cost of the carbon capture process.

As the world strives for net-zero emissions, there is a shift toward eco-friendly industrial practices, particularly in the oil and gas industry in regions like North America and the Middle East. 美国. currently has the largest CCUS industry, with oil and gas companies utilizing captured carbon for enhanced oil recovery.

The impact of COVID-19 on the CCUS market has been limited since it is not yet fully commercialized. Most investments in CCUS plants were announced before the pandemic and are currently under construction.

New CCUS plants, such as the iCORD project in Croatia and the Dry Fork Power Plant in the U.S., are expected to start operations in 2025. Due to the industry’s delayed nature, it did not experience significant impacts.

Demand drivers for the global CCUS market include favorable government policies, the increasing demand for CO2 in EOR, and the adoption of net-zero emissions targets. 然而, the market also faces limitations, including the high initial cost of the carbon capture process and the potential leakage of CO2 from underground storage reservoirs.


市场细分

市场根据多种因素进行细分, including application, capture technology, 和地区.

按应用细分
Oil and Gas Industry
Power Industry
其他的 (Cement Industry and Chemical Industry)

Segmentation by Capture Technology
Pre-Combustion Carbon Capture
Post-Combustion Carbon Capture
Oxy-Fuel Combustion Carbon Capture

按地区细分
北美 – U.S. 和加拿大
欧洲 – 比利时, 挪威, 克罗地亚, 冰岛, and Rest-of-Europe
亚太 – China and Australia
中东- 阿联酋, 卡塔尔, and Saudi Arabia
Rest-of-the-WorldSouth America and Africa

The global CCUS market is predominantly influenced by the oil and gas industry, which holds a significant 61.7% share. Within this industry, the primary application of CO2 is enhanced oil recovery (EOR), wherein pressurized CO2 is injected into oil and gas reservoirs to extract additional hydrocarbons. This usage is expected to continue dominating the CCUS market during the forecast period from 2022 到 2031. The growing adoption of carbon dioxide for EOR in the oil and gas sector is driven by its dual role as both utilization and storage for captured carbon. 此外, the utilization of CCUS to capture CO2 from flue gases and store it within geological reservoirs further contributes to the growth of this application.

Among the various CCUS technologies, post-combustion carbon capture technology holds a commanding 95% share of the global market, primarily due to its commercial viability compared to other technologies. Post-combustion capture led the market in 2021 and is projected to maintain its dominance throughout the forecast period from 2022 到 2031. This technology is widely utilized due to its advantages, including lower installation costs, simplicity relative to other carbon capture processes, and easy availability. Post-combustion capture has proven efficacy in capturing CO2 from flue gases, and ongoing research is continually advancing and improving existing systems, further driving the growth of this particular type.

In terms of regional distribution, North America holds a significant 68% share of the global CCUS market, mainly attributable to operational CCUS plants in locations such as Texas and Wyoming in the United States, as well as Saskatchewan and Alberta in Canada. North America emerged as the leader in the carbon capture utilization and storage market in 2021 and is expected to maintain its dominance throughout the forecast period. This can be attributed to numerous upcoming projects in the region, along with improved government initiatives aimed at developing and deploying CCUS technologies. The CCUS market in North America is primarily driven by growing demand from various end-use applications and stricter environmental regulations aimed at achieving net-zero emissions by 2050, which are anticipated to fuel market growth from 2022 到 2031.


竞争格局

The selection of the profiled companies was made by gathering inputs from primary experts and conducting an analysis of their company coverage, 产品介绍, 和市场渗透率.

Key companies profiled in this report include Fluor Corporation, 埃克森美孚公司, Linde plc, Shell plc, Mitsubishi Heavy Industries, 有限公司, JGC Holdings Corporation, Equinor ASA, Schlumberger Limited, Aker Carbon Capture, Carbon Clean Solutions Limited, C-Capture, Halliburton, Siemens, 日立, 有限公司, Honeywell International Inc, Mirreco, SeeO2 Energy Inc., Neustark AG, CarbonFree, Cemvita Factory Inc.


最新行业发展

ExxonMobil Corporation announced in March 2022 that it would be establishing a hydrogen production facility and carbon capture and storage projects at its integrated refining and petrochemical site in Baytown, Texas, U.S. These initiatives are aimed at supporting emission reduction efforts within local industries and the company’s own operations.

十一月 2021, ExxonMobil Corporation and Petronas entered into a Memorandum of Understanding (MoU) to collaborate on exploring potential carbon capture and storage projects in Malaysia. This MoU strengthens the longstanding strategic partnership between ExxonMobil and Petronas, with the shared objective of assisting Malaysia in reducing emissions and achieving its net-zero ambitions.

在五月 2021, Linde plc was chosen by the U.S. Department of Energy’s National Energy Technology Laboratory (NETL) to install and test a large-scale pilot plant capable of capturing 200 tons of CO2 per day. This pilot plant will be set up at the City Water, Light & 力量 (CWLP) power plant in Springfield, IL. The project is a collaborative effort involving BASF, the University of Illinois at Urbana Champaign, ACS, and CWLP. The operation of this facility presents an opportunity to demonstrate economically viable and innovative carbon capture techniques.


已回答的关键问题

What are the key factors and trends influencing the carbon capture utilization and storage market?

How has the global carbon capture utilization and storage market been affected by the COVID-19 pandemic?

Which industries are at the forefront of adopting CCUS technology?

Among post-combustion, pre-combustion, and oxy-fuel combustion technologies, which one is predominantly preferred by the key industries using CCUS?

What recent advancements have been made in different countries regarding the development of the carbon capture utilization and storage industry?

What are the latest governmental regulations and initiatives aimed at promoting the global deployment of CCUS technology?

原价为:5,250 美元。当前价格为:3,150 美元。

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