CCUS（炭素回収・利用・貯留）市場の2030年までの予測： サービス別、技術別、エンドユーザー別、地域別の世界分析

Stratistics MRCによると、世界のCCUS（炭素回収・利用・貯留）市場は2023年に38億米ドルを占め、予測期間中のCAGRは22.0％で成長し、2030年には152億米ドルに達する見込みです。

産業プロセスや発電から排出される二酸化炭素を削減するために不可欠な技術が、CCUS（炭素回収・利用・貯留）です。CCUSは、工場や発電所などの固定発生源から排出される二酸化炭素を吸収し、地層に埋めたり、さまざまな産業プロセスで利用したり、化学物質や燃料などの有用な製品に変えたりします。CCUSはCO2を大気中に排出しないため、温室効果ガスの排出量を減らし、気候変動に歯止めをかけるために不可欠です。

国際エネルギー機関（IEA）によれば、CCUS（炭素回収・利用・貯留）は、さまざまな産業プロセスや発電から排出される二酸化炭素を大幅に削減し、低炭素な未来への移行に貢献する実行可能な道筋を提供するため、世界の気候変動目標の達成に不可欠です。

高まる気候変動への懸念

気候変動の現実を裏付ける科学的証拠は、ここ数十年でより強固なものとなった。一般市民は、地球の気温上昇、氷冠の融解、異常気象の頻発など、観測可能な現象に対する認識と懸念を深めています。気候変動に関する政府間パネル（IPCC）の報告書では、悲惨な結果を防ぐために、地球温暖化を産業革命前の水準より1.5度上昇させないための対策がいかに急務であるかが強調されています。さらに、政府、企業、市民社会は、温室効果ガス排出を削減する現実的な方法を見つける必要性に迫られています。大規模な産業排出源からのCO2削減を支援する有望な技術のひとつが、CCUSです。

過大な初期資本費用

CCUS（炭素回収・利用・貯留）プロジェクトの実行に伴う多額の初期費用は、これらの技術の幅広い採用を妨げる主な障害のひとつです。炭素回収施設、輸送網、貯蔵場所の建設に関連するコストは高く、従来の化石燃料を利用した施設の建設よりも高いことが多いです。さらに、特に市場インセンティブ、法的枠組み、長期的な財政的実行可能性が不明確な地域では、こうした高い資本コストによって、CCUSプロジェクトに対する民間セクターの関心が削がれる可能性があります。

炭素管理製品に対する消費者の需要の高まり

気候変動の緩和と低炭素経済へのシフトに対する世界の関心の高まりから、CCUS（炭素回収・利用・貯留）技術の新興経済諸国には大きなチャンスがあります。政府、企業、投資家が温室効果ガスの排出を削減し、気候変動目標を達成するための実用的な方法を模索しているため、CCUSのような炭素管理ソリューションに対する市場ニーズが高まっています。さらに、投資家からの圧力、企業の持続可能性目標、規制要件、環境にやさしい商品やサービスを求める消費者の嗜好など、多くの要因がこの需要を後押ししています。

規制と政策の不確実性

政策と規制の不確実性は、CCUS（炭素回収・利用・貯留）技術の広範な導入に深刻な危険をもたらします。予測不可能な市場環境、不明確な規制枠組み、一貫性のない、あるいは移り変わりの激しい政府政策はすべて、投資とCCUSプロジェクトの推進を阻む障害となりうる。さらに、潜在的な投資家やプロジェクト開発者は、カーボンプライシングメカニズム、排出規制、責任の枠組み、許認可手続きなどをめぐる不確実性によってやる気をなくし、その結果、CCUS構想が遅れたり、中止されたりする可能性があります。

COVID-19の影響：

CCUS（炭素回収・利用・貯留）市場は、COVID-19の流行によってさまざまな影響を受けています。パンデミックによる世界経済と産業活動の混乱により、一部のセクターからのCO2排出が一時的に減少したことに加え、この出来事は、長期的な環境課題に取り組む上で、弾力的で持続可能なインフラの重要性に注目を集めることとなった。さらに、パンデミックによる景気後退が官民双方の予算を圧迫している結果、計画されていたCCUSプロジェクトが遅れたり、規模が縮小されたりする可能性もあります。しかし、各国が景気刺激策を模索し、景気回復を優先させる中、CCUS投資をグリーン復興計画に組み入れ、公的資金や民間セクターとの提携を活用してCCUS技術の採用を早めるチャンスはあります。

予測期間中はストレージ部門が最大になる見込み

市場セグメンテーションでは、貯蔵分野が最大のシェアを占めています。回収されたCO2が大気中に放出されないようにするためには、深い地層、塩水帯水層、枯渇した石油・ガス貯留層などの地層に恒久的に貯蔵する必要があります。排出されたCO2を恒久的に貯留し、気候変動への影響を軽減するためには、貯留が重要な手段となります。この分野の優位性は、貯留が排出削減目標を達成する上で極めて重要な役割を担っていることに起因しています。というのも、貯留は、長期間にわたって大量のCO2を安全かつ確実に貯留する、信頼性が高く拡張性のある方法を提供しているからです。さらに、CCUS市場における貯留分野の開拓は、地中貯留の可能性に対する理解の向上、支持的な政策枠組み、貯留における技術的進歩も後押ししています。

予測期間中にCAGRが最も高くなると予想されるのは発電部門です。

CAGRが最も高い産業は発電です。発電分野には、廃棄物発電施設、バイオマスや天然ガスを燃料とする火力発電所が含まれます。また、石油・石炭・天然ガスを燃料とする発電所も含まれます。この産業は、世界のCO2排出に大きく寄与しているため、CCUS導入の主な焦点となっています。発電部門は、低炭素エネルギー源へのシフトと発電の脱炭素化への圧力が高まっているため、クリーン・コンピューティング・ソーラー技術の採用が急増すると予想されます。さらに、発電インフラへのCCUSの統合を促進する法律やインセンティブを整備する世界各国の政府によって、炭素回収・貯留プロジェクトへの投資が刺激されています。

最大のシェアを占める地域：

CCUS（炭素回収・利用・貯留）市場は、北米地域で最大のシェアを占めると予測されています。この優位性には、発達した産業基盤の存在、化石燃料をベースとする産業からのCO2排出量の多さ、支持的な規制枠組み、CCUSの研究開発・展開に対する官民からの多額の投資など、多くの要因が寄与しています。CCUS技術の需要は、米国やカナダなど、野心的な気候変動目標を設定し、温室効果ガス排出削減を目指した規制的イニシアチブを実施している国々によって牽引されています。さらに、北米には枯渇した石油・ガス貯留層や塩水帯水層など、適切な地質貯留層が豊富にあることも、CCUSプロジェクトにとってこの地域の魅力を高めています。

CAGRが最も高い地域：

CCUS（炭素回収・利用・貯留）市場では、欧州地域のCAGRが最も高いと予測されます。同地域の気候変動対策へのコミットメント、厳格な排出削減目標、EU排出権取引制度（EU ETS）や欧州グリーンディールのような支援的な規制枠組みが、CCUS技術への大きな投資を後押ししています。さらに、発電、工業製造、運輸、その他の欧州諸国は、CCUSインフラの開発と導入の標準を設定している国のひとつです。これらの国々には、オランダ、ドイツ、ノルウェー、英国などが含まれます。

無料カスタマイズサービス：

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレーヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 技術分析
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界のCCUS（炭素回収・利用・貯留）市場：サービス別

• 回収
• 輸送機関
• 利用
• 貯留
• その他のサービス

第6章 世界のCCUS（炭素回収・利用・貯留）市場：技術別

• 燃焼前回収
• 酸素燃焼回収
• 燃焼後回収
• その他の技術

第7章 世界のCCUS（炭素回収・利用・貯留）市場：エンドユーザー別

• 石油ガス
• 発電
• 化学・石油化学製品
• セメント
• 鉄鋼
• その他のエンドユーザー

第8章 世界のCCUS（炭素回収・利用・貯留）市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第9章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第10章 企業プロファイリング

• Chevron Corporation
• Exxon Mobil Corporation
• Honeywell International
• Air Products and Chemicals Inc.
• Mitsubishi Heavy Industries Ltd.
• BP plc
• Royal Dutch Shell plc
• Schlumberger Ltd
• JGC Holdings
• Equinor ASA
• Aker Solutions ASA
• Linde Plc
• TotalEnergies SE
• Fluor Corporation

List of Tables

• Table 1 Global Carbon Capture, Utilization and Storage Market Outlook, By Region (2021-2030) ($MN)
• Table 2 Global Carbon Capture, Utilization and Storage Market Outlook, By Service (2021-2030) ($MN)
• Table 3 Global Carbon Capture, Utilization and Storage Market Outlook, By Capture (2021-2030) ($MN)
• Table 4 Global Carbon Capture, Utilization and Storage Market Outlook, By Transportation (2021-2030) ($MN)
• Table 5 Global Carbon Capture, Utilization and Storage Market Outlook, By Utilization (2021-2030) ($MN)
• Table 6 Global Carbon Capture, Utilization and Storage Market Outlook, By Storage (2021-2030) ($MN)
• Table 7 Global Carbon Capture, Utilization and Storage Market Outlook, By Other Services (2021-2030) ($MN)
• Table 8 Global Carbon Capture, Utilization and Storage Market Outlook, By Technology (2021-2030) ($MN)
• Table 9 Global Carbon Capture, Utilization and Storage Market Outlook, By Pre-Combustion Capture (2021-2030) ($MN)
• Table 10 Global Carbon Capture, Utilization and Storage Market Outlook, By Oxy-Fuel Combustion Capture (2021-2030) ($MN)
• Table 11 Global Carbon Capture, Utilization and Storage Market Outlook, By Post-Combustion Capture (2021-2030) ($MN)
• Table 12 Global Carbon Capture, Utilization and Storage Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 13 Global Carbon Capture, Utilization and Storage Market Outlook, By End User (2021-2030) ($MN)
• Table 14 Global Carbon Capture, Utilization and Storage Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 15 Global Carbon Capture, Utilization and Storage Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 16 Global Carbon Capture, Utilization and Storage Market Outlook, By Chemicals & Petrochemicals (2021-2030) ($MN)
• Table 17 Global Carbon Capture, Utilization and Storage Market Outlook, By Cement (2021-2030) ($MN)
• Table 18 Global Carbon Capture, Utilization and Storage Market Outlook, By Iron & Steel (2021-2030) ($MN)
• Table 19 Global Carbon Capture, Utilization and Storage Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 20 North America Carbon Capture, Utilization and Storage Market Outlook, By Country (2021-2030) ($MN)
• Table 21 North America Carbon Capture, Utilization and Storage Market Outlook, By Service (2021-2030) ($MN)
• Table 22 North America Carbon Capture, Utilization and Storage Market Outlook, By Capture (2021-2030) ($MN)
• Table 23 North America Carbon Capture, Utilization and Storage Market Outlook, By Transportation (2021-2030) ($MN)
• Table 24 North America Carbon Capture, Utilization and Storage Market Outlook, By Utilization (2021-2030) ($MN)
• Table 25 North America Carbon Capture, Utilization and Storage Market Outlook, By Storage (2021-2030) ($MN)
• Table 26 North America Carbon Capture, Utilization and Storage Market Outlook, By Other Services (2021-2030) ($MN)
• Table 27 North America Carbon Capture, Utilization and Storage Market Outlook, By Technology (2021-2030) ($MN)
• Table 28 North America Carbon Capture, Utilization and Storage Market Outlook, By Pre-Combustion Capture (2021-2030) ($MN)
• Table 29 North America Carbon Capture, Utilization and Storage Market Outlook, By Oxy-Fuel Combustion Capture (2021-2030) ($MN)
• Table 30 North America Carbon Capture, Utilization and Storage Market Outlook, By Post-Combustion Capture (2021-2030) ($MN)
• Table 31 North America Carbon Capture, Utilization and Storage Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 32 North America Carbon Capture, Utilization and Storage Market Outlook, By End User (2021-2030) ($MN)
• Table 33 North America Carbon Capture, Utilization and Storage Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 34 North America Carbon Capture, Utilization and Storage Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 35 North America Carbon Capture, Utilization and Storage Market Outlook, By Chemicals & Petrochemicals (2021-2030) ($MN)
• Table 36 North America Carbon Capture, Utilization and Storage Market Outlook, By Cement (2021-2030) ($MN)
• Table 37 North America Carbon Capture, Utilization and Storage Market Outlook, By Iron & Steel (2021-2030) ($MN)
• Table 38 North America Carbon Capture, Utilization and Storage Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 39 Europe Carbon Capture, Utilization and Storage Market Outlook, By Country (2021-2030) ($MN)
• Table 40 Europe Carbon Capture, Utilization and Storage Market Outlook, By Service (2021-2030) ($MN)
• Table 41 Europe Carbon Capture, Utilization and Storage Market Outlook, By Capture (2021-2030) ($MN)
• Table 42 Europe Carbon Capture, Utilization and Storage Market Outlook, By Transportation (2021-2030) ($MN)
• Table 43 Europe Carbon Capture, Utilization and Storage Market Outlook, By Utilization (2021-2030) ($MN)
• Table 44 Europe Carbon Capture, Utilization and Storage Market Outlook, By Storage (2021-2030) ($MN)
• Table 45 Europe Carbon Capture, Utilization and Storage Market Outlook, By Other Services (2021-2030) ($MN)
• Table 46 Europe Carbon Capture, Utilization and Storage Market Outlook, By Technology (2021-2030) ($MN)
• Table 47 Europe Carbon Capture, Utilization and Storage Market Outlook, By Pre-Combustion Capture (2021-2030) ($MN)
• Table 48 Europe Carbon Capture, Utilization and Storage Market Outlook, By Oxy-Fuel Combustion Capture (2021-2030) ($MN)
• Table 49 Europe Carbon Capture, Utilization and Storage Market Outlook, By Post-Combustion Capture (2021-2030) ($MN)
• Table 50 Europe Carbon Capture, Utilization and Storage Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 51 Europe Carbon Capture, Utilization and Storage Market Outlook, By End User (2021-2030) ($MN)
• Table 52 Europe Carbon Capture, Utilization and Storage Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 53 Europe Carbon Capture, Utilization and Storage Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 54 Europe Carbon Capture, Utilization and Storage Market Outlook, By Chemicals & Petrochemicals (2021-2030) ($MN)
• Table 55 Europe Carbon Capture, Utilization and Storage Market Outlook, By Cement (2021-2030) ($MN)
• Table 56 Europe Carbon Capture, Utilization and Storage Market Outlook, By Iron & Steel (2021-2030) ($MN)
• Table 57 Europe Carbon Capture, Utilization and Storage Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 58 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Country (2021-2030) ($MN)
• Table 59 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Service (2021-2030) ($MN)
• Table 60 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Capture (2021-2030) ($MN)
• Table 61 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Transportation (2021-2030) ($MN)
• Table 62 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Utilization (2021-2030) ($MN)
• Table 63 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Storage (2021-2030) ($MN)
• Table 64 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Other Services (2021-2030) ($MN)
• Table 65 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Technology (2021-2030) ($MN)
• Table 66 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Pre-Combustion Capture (2021-2030) ($MN)
• Table 67 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Oxy-Fuel Combustion Capture (2021-2030) ($MN)
• Table 68 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Post-Combustion Capture (2021-2030) ($MN)
• Table 69 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 70 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By End User (2021-2030) ($MN)
• Table 71 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 72 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 73 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Chemicals & Petrochemicals (2021-2030) ($MN)
• Table 74 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Cement (2021-2030) ($MN)
• Table 75 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Iron & Steel (2021-2030) ($MN)
• Table 76 Asia Pacific Carbon Capture, Utilization and Storage Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 77 South America Carbon Capture, Utilization and Storage Market Outlook, By Country (2021-2030) ($MN)
• Table 78 South America Carbon Capture, Utilization and Storage Market Outlook, By Service (2021-2030) ($MN)
• Table 79 South America Carbon Capture, Utilization and Storage Market Outlook, By Capture (2021-2030) ($MN)
• Table 80 South America Carbon Capture, Utilization and Storage Market Outlook, By Transportation (2021-2030) ($MN)
• Table 81 South America Carbon Capture, Utilization and Storage Market Outlook, By Utilization (2021-2030) ($MN)
• Table 82 South America Carbon Capture, Utilization and Storage Market Outlook, By Storage (2021-2030) ($MN)
• Table 83 South America Carbon Capture, Utilization and Storage Market Outlook, By Other Services (2021-2030) ($MN)
• Table 84 South America Carbon Capture, Utilization and Storage Market Outlook, By Technology (2021-2030) ($MN)
• Table 85 South America Carbon Capture, Utilization and Storage Market Outlook, By Pre-Combustion Capture (2021-2030) ($MN)
• Table 86 South America Carbon Capture, Utilization and Storage Market Outlook, By Oxy-Fuel Combustion Capture (2021-2030) ($MN)
• Table 87 South America Carbon Capture, Utilization and Storage Market Outlook, By Post-Combustion Capture (2021-2030) ($MN)
• Table 88 South America Carbon Capture, Utilization and Storage Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 89 South America Carbon Capture, Utilization and Storage Market Outlook, By End User (2021-2030) ($MN)
• Table 90 South America Carbon Capture, Utilization and Storage Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 91 South America Carbon Capture, Utilization and Storage Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 92 South America Carbon Capture, Utilization and Storage Market Outlook, By Chemicals & Petrochemicals (2021-2030) ($MN)
• Table 93 South America Carbon Capture, Utilization and Storage Market Outlook, By Cement (2021-2030) ($MN)
• Table 94 South America Carbon Capture, Utilization and Storage Market Outlook, By Iron & Steel (2021-2030) ($MN)
• Table 95 South America Carbon Capture, Utilization and Storage Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 96 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Country (2021-2030) ($MN)
• Table 97 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Service (2021-2030) ($MN)
• Table 98 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Capture (2021-2030) ($MN)
• Table 99 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Transportation (2021-2030) ($MN)
• Table 100 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Utilization (2021-2030) ($MN)
• Table 101 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Storage (2021-2030) ($MN)
• Table 102 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Other Services (2021-2030) ($MN)
• Table 103 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Technology (2021-2030) ($MN)
• Table 104 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Pre-Combustion Capture (2021-2030) ($MN)
• Table 105 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Oxy-Fuel Combustion Capture (2021-2030) ($MN)
• Table 106 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Post-Combustion Capture (2021-2030) ($MN)
• Table 107 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Other Technologies (2021-2030) ($MN)
• Table 108 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By End User (2021-2030) ($MN)
• Table 109 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 110 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 111 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Chemicals & Petrochemicals (2021-2030) ($MN)
• Table 112 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Cement (2021-2030) ($MN)
• Table 113 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Iron & Steel (2021-2030) ($MN)
• Table 114 Middle East & Africa Carbon Capture, Utilization and Storage Market Outlook, By Other End Users (2021-2030) ($MN)

According to Stratistics MRC, the Global Carbon Capture, Utilization and Storage Market is accounted for $3.8 billion in 2023 and is expected to reach $15.2 billion by 2030 growing at a CAGR of 22.0% during the forecast period. An essential technology for reducing carbon dioxide emissions from industrial processes and power generation is carbon capture, utilization, and storage, or CCUS. It entails absorbing carbon dioxide emissions from stationary sources, such as factories or power plants, and either burying it beneath the earth in geological formations, using it in different industrial processes, or turning it into useful products, like chemicals or fuels. Because it keeps CO2 from entering the atmosphere, CCUS is essential to lowering greenhouse gas emissions and halting climate change.

According to the International Energy Agency (IEA), Carbon Capture, Utilization, and Storage (CCUS) is essential for achieving global climate goals, as it offers a viable pathway to significantly reducing carbon dioxide emissions from various industrial processes and power generation, thereby contributing to the transition towards a low-carbon future.

Market Dynamics:

Driver:

Growing apprehensions regarding climate change

The scientific evidence supporting the reality of climate change has gotten stronger over the last few decades. The public is now more aware of and concerned about rising global temperatures, melting ice caps, more frequent extreme weather events, and other observable phenomena. Reports from the Intergovernmental Panel on Climate Change (IPCC) have emphasized how urgent it is to take action to keep global warming to 1.5 degrees Celsius above pre-industrial levels in order to prevent disastrous outcomes. Furthermore, governments, corporations, and civil society have been compelled by the increasing urgency to find practical ways to cut greenhouse gas emissions. One promising technology to help reduce CO2 emissions from large industrial sources is CCUS.

Restraint:

Excessive initial capital expenses

The hefty upfront costs associated with putting Carbon Capture, Utilization, and Storage (CCUS) projects into action are one of the main obstacles preventing the broad adoption of these technologies. The costs associated with building carbon capture facilities, transportation networks, and storage locations are high and frequently higher than those of building conventional fossil fuel-based facilities. Additionally, the private sector's interest in CCUS projects may be discouraged by these high capital costs, especially in areas where market incentives, legal frameworks, or long-term financial viability are unclear.

Opportunity:

Increasing consumer demand for carbon management products

There is a great chance for the development of Carbon Capture, Utilization, and Storage (CCUS) technologies due to the increased attention being paid to mitigating climate change and the shift to a low-carbon economy worldwide. There is a rising market need for carbon management solutions, such as CCUS, as governments, businesses, and investors look for practical ways to cut greenhouse gas emissions and meet climate targets. Moreover, a number of factors, including investor pressure, corporate sustainability goals, regulatory requirements, and consumer preferences for environmentally friendly goods and services, are driving this demand.

Threat:

Regulatory and policy uncertainty

Uncertainty in policy and regulation poses a serious danger to the broad adoption of Carbon Capture, Utilization, and Storage (CCUS) technologies. Unpredictable market conditions, unclear regulatory frameworks, and inconsistent or shifting government policies can all act as roadblocks to investment and the advancement of CCUS projects. Furthermore, potential investors and project developers may be discouraged by uncertainty surrounding carbon pricing mechanisms, emissions regulations, liability frameworks, and permitting procedures, which could result in CCUS initiatives being delayed or cancelled.

Covid-19 Impact:

The market for carbon capture, utilization, and storage (CCUS) has been affected by the COVID-19 pandemic in different ways. In addition to temporarily reducing CO2 emissions from some sectors due to disruptions to global economies and industrial activities caused by the pandemic, this event has also brought attention to the significance of resilient and sustainable infrastructure in addressing long-term environmental challenges. Moreover, planned CCUS projects may be delayed or scaled back as a result of the economic downturn brought on by the pandemic, which is straining both public and private budgets. But as nations seek stimulus packages and prioritize economic recovery, there's a chance to incorporate CCUS investments into green recovery plans, utilizing public funds and private sector alliances to quicken the adoption of CCUS technologies.

The Storage segment is expected to be the largest during the forecast period

The storage segment has the largest share of the market. In order to stop captured CO2 from being released into the atmosphere, it must be permanently stored in geological formations like deep geological formations, saline aquifers, and depleted oil and gas reservoirs. In order to permanently store CO2 emissions and lessen their impact on climate change, storage offers a vital pathway. The dominance of this segment can be attributed to the crucial role that storage plays in reaching emission reduction targets because it offers a dependable and scalable method of securely and safely storing substantial amounts of CO2 for extended periods of time. Additionally, the development of the storage segment within the CCUS market has also been aided by improvements in understanding of geological storage potential, policy frameworks that are supportive and technological advancements in storage.

The Power Generation segment is expected to have the highest CAGR during the forecast period

The industry with the highest CAGR is power generation. The power generation segment includes waste-to-energy facilities and biomass- and natural gas-fueled thermal power plants. It also includes plants powered by oil, coal, or natural gas. This industry is the main focus of CCUS deployment since it contributes significantly to global CO2 emissions. The power generation sector is anticipated to witness a significant surge in the adoption of clean computing and solar technology (CCUS) due to mounting pressure to shift towards low-carbon energy sources and decarbonize electricity generation. Furthermore, investment in carbon capture and storage projects is being stimulated by governments across the globe putting laws and incentives in place to facilitate the integration of CCUS into the infrastructure of power generation.

Region with largest share:

It is projected that the market for carbon capture, utilization, and storage (CCUS) will have the largest share in the North American region. Numerous factors contribute to this dominance, such as the existence of a developed industrial base, large CO2 emissions from industries based on fossil fuels, supportive regulatory frameworks, and significant investments from the public and private sectors in CCUS research, development, and deployment. The demand for CCUS technologies is being driven by countries such as the United States and Canada, which have set ambitious climate targets and implemented regulatory initiatives aimed at reducing greenhouse gas emissions. Furthermore, the abundance of suitable geological storage formations in North America, including depleted oil and gas reservoirs and saline aquifers, adds to the region's appeal for CCUS projects.

Region with highest CAGR:

In the Carbon Capture, Utilization, and Storage (CCUS) market, the Europe region is projected to have the highest CAGR. Significant investments in CCUS technologies are being driven by the region's commitment to climate action, strict emissions reduction targets, and supportive regulatory frameworks like the EU Emissions Trading System (EU ETS) and the European Green Deal. Moreover, power generation, industrial manufacturing, transportation, and other European nations are among those setting the standard for CCUS infrastructure development and implementation. These nations include the Netherlands, Germany, Norway, and the United Kingdom.

Key players in the market

Some of the key players in Carbon Capture, Utilization and Storage market include Chevron Corporation, Exxon Mobil Corporation, Honeywell International, Air Products and Chemicals Inc., Mitsubishi Heavy Industries Ltd., BP plc, Royal Dutch Shell plc, Schlumberger Ltd, JGC Holdings, Equinor ASA, Aker Solutions ASA, Linde Plc, TotalEnergies SE and Fluor Corporation.

Key Developments:

In December 2023, Chevron Corporation's CVX Australian unit and Baker Hughes BKR have entered into a 20-year framework agreement. This strategic partnership marks a significant commitment to innovation and efficiency, aimed at unlocking new energy resources while minimizing environmental impact. Let's delve deeper into the key aspects of this long-term partnership.

In October 2023, Honeywell and Triumph sign long term agreement for multi-fleet engine controls and fuel components. The contract includes Triumph manufacturing and maintenance of boost pumps, electronic control units, and hydro-mechanical fuel controls for T55 helicopter engines along with the main fuel pumps for F124 fighter/trainer engine and HTF7000 business jet engines.

In October 2023, Exxon Mobil Corporation and Pioneer Natural Resources jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share, based on ExxonMobil's closing price.

Services Covered:

• Capture
• Transportation
• Utilization
• Storage
• Other Services

Technologies Covered:

• Pre-Combustion Capture
• Oxy-Fuel Combustion Capture
• Post-Combustion Capture
• Other Technologies

End Users Covered:

• Oil & Gas
• Power Generation
• Chemicals & Petrochemicals
• Cement
• Iron & Steel
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Carbon Capture, Utilization and Storage Market, By Service

• 5.1 Introduction
• 5.2 Capture
• 5.3 Transportation
• 5.4 Utilization
• 5.5 Storage
• 5.6 Other Services

6 Global Carbon Capture, Utilization and Storage Market, By Technology

• 6.1 Introduction
• 6.2 Pre-Combustion Capture
• 6.3 Oxy-Fuel Combustion Capture
• 6.4 Post-Combustion Capture
• 6.5 Other Technologies

7 Global Carbon Capture, Utilization and Storage Market, By End User

• 7.1 Introduction
• 7.2 Oil & Gas
• 7.3 Power Generation
• 7.4 Chemicals & Petrochemicals
• 7.5 Cement
• 7.6 Iron & Steel
• 7.7 Other End Users

8 Global Carbon Capture, Utilization and Storage Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Chevron Corporation
• 10.2 Exxon Mobil Corporation
• 10.3 Honeywell International
• 10.4 Air Products and Chemicals Inc.
• 10.5 Mitsubishi Heavy Industries Ltd.
• 10.6 BP plc
• 10.7 Royal Dutch Shell plc
• 10.8 Schlumberger Ltd
• 10.9 JGC Holdings
• 10.10 Equinor ASA
• 10.11 Aker Solutions ASA
• 10.12 Linde Plc
• 10.13 TotalEnergies SE
• 10.14 Fluor Corporation