Last Updated: 23-07-2025 | Format: PDF | Report ID:2280 | Author: Ankita R
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $5,920 Million |
| What is the market CAGR from 2025 to 2035? | 16.3% |
| Which region dominates the market? | Gulf Coast (44%) |
| Which product/service type dominates the market? | Solvent-based Absorption (51%) |
| Which application leads the market? | Power Generation (35%) |
| Who are the major buyers? | Utilities (38%), Oil & Gas Majors (27%) |
| What are the key market growth drivers? | Stringent regulatory frameworks and government incentives promoting carbon capture deployment in heavy industries (e; Technological advancements in post-combustion and direct air capture methods |
| What are the major market challenges? | High upfront capital costs for CCUS deployment even with incentives; Limited transport and storage infrastructure for sequestered CO2 |
| What is the forecast period? | 2026–2035 |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| Who are the key market players? |
| Aker Solutions, Mitsubishi Heavy Industries, Shell Cansolv, Fluor Corporation, Linde plc, ExxonMobil, Honeywell UOP, Schlumberger, Air Liquide, BASF SE, Suez, Carbon Clean, General Electric, Siemens Energy, Hitachi Zosen Inova |
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