The global carbon capture, utilization, and storage market is expected to head toward expansion in the coming years, owing to rising industrialization along with soaring investments toward introduction of emission control machineries will create significant market opportunities across various sectors including oil & gas, chemical and power generation across the globe. In addition, increasing industrialization …
Tag Archives: Carbon Capture
Carbon Capture Utilization and Storage Market Estimated to Hit $7.0 Billion by 2030
The global carbon capture utilization and storage market was valued at $1.9 billion in 2020, and is projected to reach $7.0 billion by 2030, growing at a CAGR of 13.8% from 2021 to 2030. Carbon Capture utilization and storage (CCUS) is an emission reduction process, which is intended to prevent large amounts of carbon dioxide …