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Does Anyone Know About Carbon Capture Sequestration Market More Than Us

By Author: Akshay
Total Articles: 137

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.
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.
Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192793537
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)
• By Region
o North America
o Asia-Pacific
o South America
o Europe
o Middle East & Africa
To speak to our analyst for a discussion on the above findings, click https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=192793537
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.
Target Audience:
• Carbon capture service providers
• Carbon transport service providers
• Carbon storage service providers
• Power producers by coal
• Chemical and other industries
• Iron and steel sector
• Environmental associations
• Offshore production platform manufacturing companies
• Government and research organizations
• Investment banks
Browse Fill Report Here: https://www.marketsandmarkets.com/Market-Reports/carbon-capture-sequestration-market-192793537.html
North America to dominate the market
In this report, the carbon capture & sequestration market has been analyzed 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 the U.S. In addition, the Canadian government, along with the industry partners, is conducting research on developing CCS technology at Alberta’s two largest universities. This creates huge opportunities for carbon capture and storage market in Canada.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the carbon capture & sequestration market including Fluor Corporation (U.S.), Linde AG (Germany), Shell CANSOLV (U.S.), Siemens (Germany), and Mitsubishi Heavy Industries (Japan), among others. These players are trying to penetrate developing economies and are adopting various methods to increase their market share.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

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