This report is an elaborate study of the global carbon capture and storage (CCS) technology market, and aims to bring you up to speed with the latest developments and trends in the market. The CCS technology market research report studies all key geographical regions to present a holistic view of the emerging opportunities, slow-growth areas, and other influencing factors. In short, the report brings critical business intelligence from the carbon capture and storage technology market to your fingertips.
The report lays special emphasis on analyzing various government initiatives to promote carbon capture and storage technologies. These initiatives have impelled the CCS technology market by creating several new opportunities. The Company Profiles section of this report features information related to leading market participants and their growth strategies.
The carbon capture and storage (CCS) technology report segments the market based on technology type, service, and geography.
Overview of the carbon capture and storage (CCS) technology market
Carbon dioxide-the primary greenhouse gas-is emitted as a result of human activities such as deforestation, cement production, and burning fossil fuel (oil, coal, and natural gas). Carbon emissions began rising soon after the industrial revolution, and have morphed into one of the greatest environmental challenges of our age. According to the US Environment Protection Agency (EPA), as of 2012 carbon dioxide accounted for 82% of all emissions of greenhouse gases resulting from human activity. Between 1990 and 2012, electricity generation was the largest source (38%) of carbon dioxide emissions in the United States. Transportation activities came a close second at 32%, followed by industrial activity at 14%.
Carbon levels in the atmosphere have risen from 371.5 in 2000 to approximately 394 in 2011. This has spurred governments into action and many of them now have stringent rules pertaining to carbon emissions. This has consequently led to the creation of a whole new carbon capture and storage technology market worldwide. Countries that have a heavy share in the global carbon emission volumes are the United States, China, India, European Union, and Russia.
CCS is fast becoming a hotbed of investment activity with many leading energy and industrial market participants taking an interest in CCS technology. CCS forms an integral portion of the lower-cost portfolio for greenhouse gas mitigation. Market projects indicate that in the next five year (up to 2019), at least a 100 new CCS projects will be developed worldwide.
The carbon capture and storage (CCS) market is largely driven by a pressing need for solutions to control the increasing carbon emissions worldwide. As well as being effective, these solutions need to be sustainable and economical. Thus, the market for carbon capture and storage needs to be driven by innovation.
The report estimates that the global market for carbon capture and storage (CCS) technology market will be worth US$230 billion by 2016 on account of increasing participation from countries such as China, India, the U.S., UK, and Germany.
Despite a number of factors that drive growth, the carbon capture and storage (CSS) technology market faces hurdles such as a lack of funding and the low price of carbon.
Companies mentioned in the carbon capture and storage (CCS) technology market
The report profiles leading CCS technology market participants such as: Mitsubishi Heavy Industries Ltd., Siemens, Hitachi, Aker Clean Crbon, and ALSTOM Carbon Capture.
This market research report analyzes the following geographies:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements in the micro servers industry
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
Table of Contents
Table Of Contents
1. Executive Summary
3. Report Description
4. Market Overview
5. Market Metrics
6. Global Trend
7. Technological Snapshot
a. Types of Technology involved
i. Carbon Capture
2. Post- Combustion
ii. Carbon Transportation
iii. Carbon Storage
1. In Depleted Gas and Oil Fields
2. In Deeper Saline Aquifiers
8. Carbon Capture: Market Scenario
b. Market Metrics
c. Ongoing and Planned Projects
d. Major Players
f. Funding & Incentives
g. Competitive Landscape
9. Carbon Transportation: Market Scenario
b. Market Metrics