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Premium Report Details
Base Year: 2024
Companies covered: 17
Tables & Figures: 25
Countries covered: 8
Pages: 110
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Post Combustion Carbon Capture and Storage Market
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Post Combustion Carbon Capture and Storage Market Size
The global post combustion carbon capture and storage market was valued at USD 5.5 billion in 2024 and is estimated to grow at a CAGR of 19.3% from 2025 to 2034, driven by increasing global emphasis on reducing carbon emissions to meet climate goals. Post-combustion CCS, which involves capturing CO? from the flue gases produced by fossil fuel combustion, has gained traction due to its ability to retrofit existing power plants and industrial facilities, making it a viable solution for industries seeking to reduce their carbon footprint.
Increasing focus on developing cost-effective along with scalable post-combustion CCS systems across the globe is fueling the market growth. Companies are investing in research and development to improve the efficiency of capture processes and reduce operational costs. For instance, the use of advanced solvents and sorbents, along with innovations in the design of capture units is enabling higher capture rates at lower costs. Furthermore, advancements in modular, smaller-scale capture units are making post-combustion CCS more adaptable to different industrial applications, including smaller and more dispersed emissions sources.