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Global Carbon Capture Utilization and Storage (CCUS) Growth Opportunities Forecast to 2040 Updated Research Available
Future Growth Potential Accelerated by Regulatory Frameworks, Implementation of Negative Emission Technologies, and developing value through CO2 utilization
RELEASE DATE
07-Jul-2023
07-Jul-2023
REGION
Global
Global
DELIVERABLE TYPE
Market Research
Market Research
RESEARCH CODE
K8AE-01-00-00-00
K8AE-01-00-00-00
SKU
TEMP_2023_32
TEMP_2023_32
Carbon Capture, Utilization, and Storage (CCUS) will play a huge role in the global shift toward decarbonization of industries in the decades ahead. As the global energy transition accelerates and impending deadlines for a carbon-neutrality approach, the CCUS market will present dynamic growth opportunities across regions and industrial sectors to 2040.
In the short-to-medium term, CCUS will find wider applications in hard-to-abate industries, such as coal-fired power plants, cement manufacturing, iron and steel, fertilizers, and chemical production by retrofitting existing plants. To have a larger impact on decarbonization strategies in the longer term, negative emission technologies, such as Bioenergy CCS (BECCS) and Direct Air CCS (DACCS) will be deployed.
CCUS hubs will play a significant role by integrating various industrial clusters within the ecosystem, reducing the cost and operational risk. Meanwhile, innovation will focus on cost reduction, technology optimization, modularization, and new business models.
This study gives a comprehensive analysis of the global CCUS market until 2040, including forecasts for revenue, carbon capture capacity, technology, regional splits, trends by industry, competitive analysis, and growth opportunity identification.
Author: Mahesh Radhakrishnan
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the CCUS Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Findings
Growth Environment—CCUS Landscape in the Americas
Growth Environment—CCUS Landscape in Europe
Growth Environment—CCUS Landscape in APAC
Growth Environment—CCUS Landscape in MEA
Scope of Analysis
Application and Geographic Scope
CCUS Value Chain and Definitions
CCUS Segmentation and Definitions
CCUS Segmentation by Principal Separation Technology
Key Competitors
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Forecast Assumptions
Revenue and Annual Capacity Addition Forecast
Revenue Forecast by End-user Industry
Revenue Forecast by Principal Separation Technology
Revenue Forecast by Region
Revenue Forecast Analysis
Revenue Forecast Analysis by End-user Industry
Revenue Forecast Analysis by End-user Industry (continued)
Revenue Forecast Analysis by Region
Revenue Forecast Analysis by Region (continued)
Annual Capacity Addition Forecast by End-user Industry
Annual Capacity Forecast Analysis by End-user Industry
Annual Capacity Forecast Analysis by End-user Industry—CCUS (continued)
Annual Capacity Addition Forecast by Principal Separation Technology
Annual Capacity Forecast Analysis by Principal Separation Technology
Annual Capacity Forecast Analysis by Principal Separation Technology (continued)
Annual Capacity Forecast Analysis by Principal Separation Technology (continued)
Annual Capacity Addition Forecast by Region
Competitive Environment
Revenue Share
Revenue Share Analysis
Growth Metrics
Revenue and Annual Capacity Addition Forecast
Revenue Forecast by Fuel Type
Revenue Forecast by Region
Annual Capacity Addition Forecast by Region
Forecast Analysis
Forecast Analysis (continued)
Growth Metrics
Revenue and Annual Capacity Addition Forecast
Revenue Forecast by Fuel Type
Revenue Forecast by Region
Annual Capacity Addition Forecast by Region
Revenue Forecast Analysis
Revenue Forecast Analysis (continued)
Growth Metrics
Revenue and Annual Capacity Addition Forecast
Revenue Forecast by Fuel Type
Revenue Forecast by Region
Annual Capacity Addition Forecast by Region
Forecast Analysis
Forecast Analysis (continued)
Growth Metrics
Revenue and Annual Capacity Addition Forecast
Revenue Forecast by Region
Annual Capacity Addition Forecast by Region
Forecast Analysis
Growth Metrics
Revenue and Annual Capacity Addition Forecast
Revenue Forecast by Region
Annual Capacity Addition Forecast by Region
Forecast Analysis
Growth Metrics
Revenue and Annual Capacity Addition Forecast
Revenue Forecast by Region
Annual Capacity Addition Forecast by Region
Forecast Analysis
Global in-Operation and Planned CCUS Hubs and Clusters
Growth Metrics
Revenue and Annual Capacity Addition Forecast
Revenue Forecast by Region
Annual Capacity Addition Forecast by Region
Forecast Analysis
Forecast Analysis (continued)
Growth Metrics
Revenue and Annual Capacity Addition Forecast
Revenue Forecast by Region
Annual Capacity Addition Forecast by Region
Forecast Analysis
Carbon Capture with Utilization and Future Growth Prospect
Annual Capacity Forecast
Key Growth Potential for Utilization in Chemical, Fuel, Plastics, and Building Material Conversion
Recent Research Investigations on Uses of Pure CO2 Under Atmospheric Pressure Levels
Global Storage Potential for Captured CO2
Annual CO2 Storage Forecast
Forecast Analysis
Growth Opportunity 1: Negative Emission Technologies
Growth Opportunity 1: Negative Emission Technologies (continued)
Growth Opportunity 2: CCUS-as-a-Service
Growth Opportunity 2: CCUS-as-a-Service (continued)
Growth Opportunity 3: Modularization of CCUS Plants
Growth Opportunity 3: Modularization of CCUS Plants (continued)
Growth Opportunity 4: Integrated Industrial CCUS Clusters and Hubs
Growth Opportunity 4: Integrated Industrial CCUS Clusters and Hubs(continued)
List of Other Companies
List of Other Companies (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- CCUS: Revenue Share of End-user Industries, Americas, 2022, 2030, & 2040
- CCUS: Revenue Share of End-user Industries, Europe, 2022, 2030, & 2040
- CCUS: Revenue Share of End-user Industries, APAC, 2022, 2030, & 2040
- CCUS: Revenue Share of End-user Industries, MEA, 2023*, 2030, & 2040
- CCUS: Key Growth Metrics, Global, 2022
- CCUS: Growth Drivers, Global, 2023-2040
- CCUS: Growth Restraints, Global, 2023-2040
- CCUS: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040
- CCUS: Revenue Forecast by End-user Industry, Global, 2022-2040
- CCUS: Revenue Forecast by Principal Separation Technology, Global, 2022-2040
- CCUS: Revenue Forecast by Region, Global, 2022-2040
- CCUS: Percent Revenue Forecast by End-user Industry, Global, 2023, 2030, & 2040
- CCUS: Annual Capacity Addition Forecast by End-user Industry, Global, 2022-2040
- CCUS: Annual Capacity Addition Forecast by Principal Separation Technology, Global, 2022-2040
- CCUS: Annual Capacity Addition Forecast by Region, Global, 2022-2040
- CCUS: Revenue Share of Top Participants, Global, 2022
- CCUS in the Power Industry: Key Growth Metrics, Global, 2022
- CCUS in the Power Industry: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040
- CCUS in the Power Industry: Revenue Forecast by Fuel Type, Global, 2022-2040
- CCUS in the Power Industry: Revenue Forecast by Region, Global, 2022-2040
- CCUS in the Power Industry: Annual Capacity Addition Forecast by Region, Global, 2022-2040
- CCUS in the Power Industry: Percent Revenue Forecast by Fuel Type, Europe, 2023, 2030, & 2040
- CCUS in the Power Industry: Percent Revenue Forecast by Fuel Type, Americas, 2022,2030, & 2040
- CCUS in the Power Industry: Percent Revenue Forecast by Fuel Type, MEA, 2026, 2030, & 2040
- CCUS in the Power Industry: Percent Revenue Forecast by Fuel Type, Asia-Pacific, 2022,2030, & 2040
- CCUS in the Heavy Industry: Key Growth Metrics, Global, 2022
- CCUS in the Heavy Industry: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040
- CCUS in the Heavy Industry: Revenue Forecast by Fuel Type, Global, 2022-2040
- CCUS in the Heavy Industry: Revenue Forecast by Region, Global, 2022-2040
- CCUS in the Heavy Industry: Annual Capacity Addition Forecast by Region, Global, 2022-2040
- CCUS in the Heavy Industry: Percent Revenue Forecast by Product Type, Europe, 2022,2030, & 2040
- CCUS in the Heavy Industry: Percent Revenue Forecast by Product Type, Americas, 2022, 2030, & 2040
- CCUS in the Heavy Industry: Percent Revenue Forecast by Product Type, MEA, 2026, 2030, & 2040
- CCUS in the Heavy Industry: Percent Revenue Forecast by Product Type, Asia-Pacific, 2023, 2030, & 2040
- CCUS in the Oil and Gas Industry: Key Growth Metrics, Global, 2022
- CCUS in the Oil and Gas Industry: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040
- CCUS in the Oil and Gas Industry: Revenue Forecast by Fuel Type, Global, 2022-2040
- CCUS in the Oil and Gas Industry: Revenue Forecast by Region, Global, 2022-2040
- CCUS in the Oil and Gas Industry: Annual Capacity Addition Forecast by Region, Global, 2022-2040
- CCUS in the Oil and Gas Industry: Percent Revenue Forecast by Operations Type, Europe, 2024, 2030, & 2040
- CCUS in the Oil and Gas Industry: Percent Revenue Forecast by Operations Type, Americas, 2023, 2030, & 2040
- CCUS in the Oil and Gas Industry: Percent Revenue Forecast by Operations Type, MEA, 2025, 2030, & 2040
- CCUS in the Oil and Gas Industry: Percent Revenue Forecast by Operations Type, Asia-Pacific, 2023,2030, & 2040
- BECCS: Key Growth Metrics, Global, 2022
- BECCS: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040
- BECCS: Revenue Forecast by Region, Global, 2022-2040
- BECCS: Annual Capacity Addition Forecast by Region, Global, 2022-2040
- DACCS: Key Growth Metrics, Global, 2022
- DACCS: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040
- DACCS: Revenue Forecast by Region, Global, 2022-2040
- DACCS: Annual Capacity Addition Forecast by Region, Global, 2022-2040
- CCUS Clusters: Key Growth Metrics, Global, 2022
- CCUS Cluster: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040
- CCUS Cluster: Revenue Forecast by Region, Global, 2023-2040
- CCUS Cluster: Annual Capacity Addition Forecast by Region, Global, 2022-2040
- CCUS: Hubs and Clusters in Operation and Planned, Global, 2023
- CCUS Hydrogen Production: Key Growth Metrics, Global, 2022
- CCUS in Hydrogen Production: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040
- CCUS in Hydrogen Production: Revenue Forecast by Region, Global, 2022-2040
- CCUS in Hydrogen Production: Annual Capacity Addition Forecast by Region, Global, 2022-2040
- CCUS in Hydrogen Production: Revenue Forecast, Europe, 2024, 2030, & 2040
- CCUS in Hydrogen Production: Revenue Forecast, Americas, 2023, 2030, & 2040
- CCUS in Hydrogen Production: Revenue Forecast, MEA, 2023, 2030, & 2040
- CCUS in Hydrogen Production: Revenue Forecast, Asia-Pacific, 2023,2030, & 2040
- CCUS in Waste-to-energy: Key Growth Metrics, Global, 2023
- CCUS in Waste-to-Energy: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040
- CCUS in Waste-to-energy: Revenue Forecast by Region, Global, 2022-2040
- CCUS in Waste-to-Energy: Annual Capacity Addition Forecast by Region, Global, 2022-2040
- Captured CO2 Utilization: Example Applications, Global, 2023
- Captured CO2 Utilization: Annual Capacity Forecast, Global, 2022-2040
- CCUS: CO2 Storage Resources of Major Oil and Gas Fields, Global, 2022
- CCUS: Annual CO2 Storage Forecast, Global, 2022-2040
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Carbon Capture, Utilization, and Storage (CCUS) will play a huge role in the global shift toward decarbonization of industries in the decades ahead. As the global energy transition accelerates and impending deadlines for a carbon-neutrality approach, the CCUS market will present dynamic growth opportunities across regions and industrial sectors to 2040.
In the short-to-medium term, CCUS will find wider applications in hard-to-abate industries, such as coal-fired power plants, cement manufacturing, iron and steel, fertilizers, and chemical production by retrofitting existing plants. To have a larger impact on decarbonization strategies in the longer term, negative emission technologies, such as Bioenergy CCS (BECCS) and Direct Air CCS (DACCS) will be deployed.
CCUS hubs will play a significant role by integrating various industrial clusters within the ecosystem, reducing the cost and operational risk. Meanwhile, innovation will focus on cost reduction, technology optimization, modularization, and new business models.
This study gives a comprehensive analysis of the global CCUS market until 2040, including forecasts for revenue, carbon capture capacity, technology, regional splits, trends by industry, competitive analysis, and growth opportunity identification.
Author: Mahesh Radhakrishnan
| Deliverable Type | Market Research |
|---|---|
| Author | Mahesh Radhakrishnan |
| Industries | Energy |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | CCUS |
| Keyword 2 | Carbon Capture Technology |
| Keyword 3 | Carbon Capture And Storage |
| List of Charts and Figures | CCUS: Revenue Share of End-user Industries, Americas, 2022, 2030, & 2040~ CCUS: Revenue Share of End-user Industries, Europe, 2022, 2030, & 2040~ CCUS: Revenue Share of End-user Industries, APAC, 2022, 2030, & 2040~ CCUS: Revenue Share of End-user Industries, MEA, 2023*, 2030, & 2040~ CCUS: Key Growth Metrics, Global, 2022~ CCUS: Growth Drivers, Global, 2023-2040~ CCUS: Growth Restraints, Global, 2023-2040~ CCUS: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040~ CCUS: Revenue Forecast by End-user Industry, Global, 2022-2040~ CCUS: Revenue Forecast by Principal Separation Technology, Global, 2022-2040~ CCUS: Revenue Forecast by Region, Global, 2022-2040~ CCUS: Percent Revenue Forecast by End-user Industry, Global, 2023, 2030, & 2040~ CCUS: Annual Capacity Addition Forecast by End-user Industry, Global, 2022-2040~ CCUS: Annual Capacity Addition Forecast by Principal Separation Technology, Global, 2022-2040~ CCUS: Annual Capacity Addition Forecast by Region, Global, 2022-2040~ CCUS: Revenue Share of Top Participants, Global, 2022~ CCUS in the Power Industry: Key Growth Metrics, Global, 2022~ CCUS in the Power Industry: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040~ CCUS in the Power Industry: Revenue Forecast by Fuel Type, Global, 2022-2040~ CCUS in the Power Industry: Revenue Forecast by Region, Global, 2022-2040~ CCUS in the Power Industry: Annual Capacity Addition Forecast by Region, Global, 2022-2040~ CCUS in the Power Industry: Percent Revenue Forecast by Fuel Type, Europe, 2023, 2030, & 2040~ CCUS in the Power Industry: Percent Revenue Forecast by Fuel Type, Americas, 2022,2030, & 2040~ CCUS in the Power Industry: Percent Revenue Forecast by Fuel Type, MEA, 2026, 2030, & 2040~ CCUS in the Power Industry: Percent Revenue Forecast by Fuel Type, Asia-Pacific, 2022,2030, & 2040~ CCUS in the Heavy Industry: Key Growth Metrics, Global, 2022~ CCUS in the Heavy Industry: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040~ CCUS in the Heavy Industry: Revenue Forecast by Fuel Type, Global, 2022-2040~ CCUS in the Heavy Industry: Revenue Forecast by Region, Global, 2022-2040~ CCUS in the Heavy Industry: Annual Capacity Addition Forecast by Region, Global, 2022-2040~ CCUS in the Heavy Industry: Percent Revenue Forecast by Product Type, Europe, 2022,2030, & 2040~ CCUS in the Heavy Industry: Percent Revenue Forecast by Product Type, Americas, 2022, 2030, & 2040~ CCUS in the Heavy Industry: Percent Revenue Forecast by Product Type, MEA, 2026, 2030, & 2040~ CCUS in the Heavy Industry: Percent Revenue Forecast by Product Type, Asia-Pacific, 2023, 2030, & 2040~ CCUS in the Oil and Gas Industry: Key Growth Metrics, Global, 2022~ CCUS in the Oil and Gas Industry: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040~ CCUS in the Oil and Gas Industry: Revenue Forecast by Fuel Type, Global, 2022-2040~ CCUS in the Oil and Gas Industry: Revenue Forecast by Region, Global, 2022-2040~ CCUS in the Oil and Gas Industry: Annual Capacity Addition Forecast by Region, Global, 2022-2040~ CCUS in the Oil and Gas Industry: Percent Revenue Forecast by Operations Type, Europe, 2024, 2030, & 2040~ CCUS in the Oil and Gas Industry: Percent Revenue Forecast by Operations Type, Americas, 2023, 2030, & 2040~ CCUS in the Oil and Gas Industry: Percent Revenue Forecast by Operations Type, MEA, 2025, 2030, & 2040~ CCUS in the Oil and Gas Industry: Percent Revenue Forecast by Operations Type, Asia-Pacific, 2023,2030, & 2040~ BECCS: Key Growth Metrics, Global, 2022~ BECCS: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040~ BECCS: Revenue Forecast by Region, Global, 2022-2040~ BECCS: Annual Capacity Addition Forecast by Region, Global, 2022-2040~ DACCS: Key Growth Metrics, Global, 2022~ DACCS: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040~ DACCS: Revenue Forecast by Region, Global, 2022-2040~ DACCS: Annual Capacity Addition Forecast by Region, Global, 2022-2040~ CCUS Clusters: Key Growth Metrics, Global, 2022~ CCUS Cluster: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040~ CCUS Cluster: Revenue Forecast by Region, Global, 2023-2040~ CCUS Cluster: Annual Capacity Addition Forecast by Region, Global, 2022-2040~ CCUS: Hubs and Clusters in Operation and Planned, Global, 2023~ CCUS Hydrogen Production: Key Growth Metrics, Global, 2022~ CCUS in Hydrogen Production: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040~ CCUS in Hydrogen Production: Revenue Forecast by Region, Global, 2022-2040~ CCUS in Hydrogen Production: Annual Capacity Addition Forecast by Region, Global, 2022-2040~ CCUS in Hydrogen Production: Revenue Forecast, Europe, 2024, 2030, & 2040~ CCUS in Hydrogen Production: Revenue Forecast, Americas, 2023, 2030, & 2040~ CCUS in Hydrogen Production: Revenue Forecast, MEA, 2023, 2030, & 2040~ CCUS in Hydrogen Production: Revenue Forecast, Asia-Pacific, 2023,2030, & 2040~ CCUS in Waste-to-energy: Key Growth Metrics, Global, 2023~ CCUS in Waste-to-Energy: Revenue and Annual Capacity Addition Forecast, Global, 2022-2040~ CCUS in Waste-to-energy: Revenue Forecast by Region, Global, 2022-2040~ CCUS in Waste-to-Energy: Annual Capacity Addition Forecast by Region, Global, 2022-2040~ Captured CO2 Utilization: Example Applications, Global, 2023~ Captured CO2 Utilization: Annual Capacity Forecast, Global, 2022-2040~ CCUS: CO2 Storage Resources of Major Oil and Gas Fields, Global, 2022~ CCUS: Annual CO2 Storage Forecast, Global, 2022-2040~ |
| Podcast | No |
| Predecessor | MFCD-01-00-00-00 |
| WIP Number | K8AE-01-00-00-00 |
Global Carbon Capture Utilization and Storage (CCUS) Growth Opportunities Forecast to 2040
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SKU
TEMP_2023_32