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Power Generation Carbon Capture & Storage Market Share

Report ID: GMI7865
Published Date: Jan 2024
Report Format: PDF

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Power Generation 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.

Power Generation Carbon Capture & Storage Market Companies

The major players operating across the industry includes the following:

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

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

Power generation carbon capture & storage (CCS) industry was valued at over USD 2.1 billion in 2023 and is projected to expand at 19.1% CAGR through 2032 driven by the growing concerns about climate change and the need to reduce CO2 emissions.

The post combustion technology segment in the power generation carbon capture & storage gained significant traction in 2023 and is projected to record over 20.5% CAGR from 2024 to 2032 owing to its widespread application across various industries.

North America power generation CCS industry is set to exhibit 13% CAGR from 2024 to 2032 attributed to the increasing joint ventures, consortiums, and public-private partnerships in pooling resources and securing funding for the development and implementation.

Some of the leading power generation carbon capture & storage firms are Linde plc, General Electric, Siemens, Aker Solutions, SLB, Exxon Mobil Corporation, Shell CANSOLV, Mitsubishi Heavy Industries, Ltd., Dakota Gasification Company, NRG Energy, Inc., and Equinor ASA, among others.