DUBLIN--(BUSINESS WIRE )--The "The Global Market for Carbon Capture, Utilization and Storage Technologies" report has been added to ResearchAndMarkets.com's offering.
Carbon capture, utilization, and storage (CCUS) refers to technologies that capture CO2 emissions and use or store them, leading to permanent sequestration.
CCUS technologies capture of carbon dioxide emissions from large power sources, including power generation or industrial facilities that use either fossil fuels or biomass for fuel. CO2 can also be captured directly from the atmosphere. If not utilized onsite, captured CO2 is compressed and transported by pipeline, ship, rail or truck to be used in a range of applications, or injected into deep geological formations (including depleted oil and gas reservoirs or saline formations) which trap the CO2 for permanent storage.
Carbon removal technologies include direct air capture (DAC) or bioenergy with carbon capture and storage (BECCS). This fast growing market is being driven by government climate initiatives and increased public and private investments. In 2022 there has been over $1 billion in private investment in CCUS companies.
The market for CO2 use is expected to remain relatively small in the near term (<$2.5 billion), but will grow in the next few years in the drive to mitigate carbon emissions from industry.
New pathways to use CO2 in the production of fuels, chemicals and building materials are driving global interest, allied to increasing backing from governments, industry and investors, with global private funding for CO2 utilization start-ups and companies reaching nearly USD 1 billion in 2022 already. Climeworks, a Swiss startup developing direct air capture (DAC) raised a $650m round in April 2022.
4.1 CO2 capture from point sources
4.1.3 Global point source CO2 capture capacities
4.2.3 Liquid or supercritical CO2: Allam- Fetvedt Cycle
4.3.3 Liquid or supercritical CO2 (Cryogenic) capture
4.3.5 Comparison of key separation technologies
4.6 Carbon capture capacity forecast by capture type
4.7 Carbon capture capacity forecast by end use
4.8 Bioenergy with carbon capture and storage (BECCS)
4.8.2 Advantages and disadvantages of BECCS
4.9.1 Point source carbon capture versus Direct Air Capture
4.9.2.1 High temperature (HT) aqueous solution
4.9.2.2 Low temperature solid sorbent DAC
4.9.2.3 Comparison of High temperature vs. low temperature DAC
4.9.6 Metal-organic frameworks (MOFs) in DAC
4.9.7 DAC plants and projects-current and planned
4.9.9 CO2 capture forecasts for 2030, 2050, and 2070
4.10 Other 'Negative emissions' technologies (NETs)
5.5 CO2 Utilization in Enhanced Oil Recovery
For more information about this report visit https://www.researchandmarkets.com/r/qg0tv6
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900