Post Combustion Carbon Capture & Storage Market Size

Report ID: GMI5812
   |
Published Date: December 2024
 | 
Report Format: PDF

Download Free PDF

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.

 

Post Combustion Carbon Capture and Storage Market

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.
 

Authors: Ankit Gupta, Shashank Sisodia
Frequently Asked Question(FAQ) :
Who are the major players in the post-combustion carbon capture and storage market?
The market features key players such as Air Products, Aker Solutions, Chevron, Dakota Gasification Company, Equinor, Exxon Mobil, Fluor, General Electric, Halliburton, Linde, Mitsubishi Heavy Industries, NRG Energy, Shell, Siemens, SLB, Sulzer, and TotalEnergies.
What trends are driving the power generation application in the CCS market?
What is the size of the U.S. post-combustion carbon capture and storage market?
How big is the post-combustion carbon capture and storage market?
Related Reports
    Authors: Ankit Gupta, Shashank Sisodia
    Buy Now
    $4,123 $4,850
    15% off
    $4,840 $6,050
    20% off
    $5,845 $8,350
    30% off
        Buy now
    Premium Report Details

    Base Year: 2024

    Companies covered: 17

    Tables & Figures: 25

    Countries covered: 8

    Pages: 110

    Download Free PDF

    Top