CCS in Power Generation Market: Expected to Rise Due To Humongous Expected Growth of the Power Industry 2025
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Carbon
capture and storage (CCS) (or carbon capture and sequestration or
carbon control and sequestration) is the process of capturing waste
carbon dioxide (CO2) from large point sources, such as fossil fuel
power plants, transporting it to a storage site, and depositing it
where it will not enter the atmosphere, normally an underground
geological formation. The aim is to prevent the release of large
quantities of CO2 into the atmosphere (from fossil fuel use in power
generation and other industries). It is a potential means of
mitigating the contribution of fossil fuel emissions to global
warming and ocean acidification. Although CO2 has been injected into
geological formations for several decades for various purposes,
including enhanced oil recovery, the long term storage of CO2 is a
relatively new concept.
The
over-dependence on fossil fuels and abundant supplies is considered
to be one of the primary growth drivers in this market. Technological
advancements and booming economies are directly dependent on the
availability of energy and ever since commercial uses of oil and
natural gas was discovered, the demand for fossil fuels has only
increased. The available fossil fuels are expected to meet the energy
demands for decades. There will be significant emissions of
greenhouse gases, which will, in turn, increase the demand for carbon
capture and storage systems.
During 2015, the Americas dominated the global market and accounted for the majority of the market shares. Stringent government regulations on carbon emissions coupled with government support and incentives drive the growth of the market in this region. This market research and analysis predicts that the Americas will continue to dominate this market in the coming years as well.
The CCS in Power Generation market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for CCS in Power Generation.
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This report presents the worldwide CCS in Power Generation market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
GE-Alstom Grid
The Linde
Babcock & Wilcox Enterprises
Mitsubishi Heavy Industries
Fluor Corporation
Shell
Net Power
Hitachi
Sulzer
Siemens
Amec Foster Wheeler
Air Products
CCS in Power Generation Breakdown Data by Type
Carbon Capture
Carbon Storage
CCS in Power Generation Breakdown Data by Application
Pre-Combustion Capture
Post-Combustion Capture
Oxy-Fuel Combustion Capture
CCS in Power Generation Production by Region
United States
Europe
China
Japan
Other Regions
CCS in Power Generation Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
This report presents the worldwide CCS in Power Generation market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
GE-Alstom Grid
The Linde
Babcock & Wilcox Enterprises
Mitsubishi Heavy Industries
Fluor Corporation
Shell
Net Power
Hitachi
Sulzer
Siemens
Amec Foster Wheeler
Air Products
CCS in Power Generation Breakdown Data by Type
Carbon Capture
Carbon Storage
CCS in Power Generation Breakdown Data by Application
Pre-Combustion Capture
Post-Combustion Capture
Oxy-Fuel Combustion Capture
CCS in Power Generation Production by Region
United States
Europe
China
Japan
Other Regions
CCS in Power Generation Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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