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Post Combustion Carbon Capture & Storage Market Share

Report ID: GMI5812
Published Date: May 2023
Report Format: PDF

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Post Combustion Carbon Capture & Storage Market Share

The major market players are focusing on project integration with oil & gas companies along with project deployment in association with government projects & contracts along with mergers and acquisitions to gain their competitive edge over the others. Leading market players across the post combustion carbon capture & storage market include

Linde plc
Global Thermostat
General Electric
Siemens
Aker Solutions
HALLIBURTON
SLB
Exxon Mobil Corporation
Shell CANSOLV
Mitsubishi Heavy Industries, Ltd.
Dakota Gasification Compan
NRG Energy, Inc.
Fluor Corporation
Sulzer Ltd
Equinor ASA

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of post combustion carbon capture & storage was valued at over USD 3.9 billion in 2023 and will progress at more than 21.6% CAGR between 2024 and 2032 propelled by the climate change mitigation, transition to a low-carbon economy, and the need for carbon neutrality & negative emissions & enhancing energy security.

The power generation application segment is anticipated to witness remarkable growth through 2032 owing to the growing recognition of CCS technologies with renewable energy sources to achieve a sustainable and low-carbon power generation mix.

North America post combustion carbon capture & storage market is likely to observe notable growth through 2032 as a result of ongoing R&D efforts focused on enhancing the efficiency and cost-effectiveness of post-CCS technologies in the region.

Key players such as General Electric, Siemens, Aker Solutions, HALLIBURTON, SLB, Exxon Mobil Corporation, and Shell CANSOLV, among others, are focusing on partnerships with oil & gas companies and government projects & contracts.