November 24, 2020

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Carbon Capture and Storage Market to See 48.39% Year-Over-Year Growth in 2020 Amid COVID-19 Spread | Technavio

LONDON--(BUSINESS WIRE)--#CarbonCaptureandStorageMarket--According to the latest report published by Technavio, the carbon capture and storage market size is poised to grow by 39.94 million tons during 2020-2024, decelerating at a CAGR of over 16% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment facing direct and indirect COVID-19 impact. To learn more about the global trends impacting the future of market research, download a free sample now Market Competitive Analysis: The market is fragmented due to the presence of carbon capture and storage manufacturing companies. Air Products and Chemicals Inc., Babcock & Wilcox Enterprises Inc., and Chevron Corp. are some of the major market participants. Although the dependence on fossil fuels for the generation of electricity will offer immense growth opportunities, the rising impact of COVID-19 on energy demand will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To help clients improve their market position, this carbon capture and storage market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this carbon capture and storage market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing This report provides information on the production, sustainability, and prospects of several leading companies, including: Air Products and Chemicals Inc. Babcock & Wilcox Enterprises Inc. Chevron Corp. ENGIE SA Exxon Mobil Corp. Fluor Corp. General Electric Co. Hitachi Ltd. Praxair Inc. Royal Dutch Shell Plc Global Carbon Capture and Storage Market: COVID-19 Impact Analysis Market Impact: As the business impact of COVID-19 spreads, the global carbon capture and storage market 2020-2024 is expected to have negative and inferior growth. Industry Impact: The utilities industry is expected to have a negative impact due to the spread of the COVID-19 virus. The utilities market will have an indirect impact due to the spread. Even if the spread of the virus is contained, we expect that it may take more than two quarters (six months) to reach a normal state of economic activity. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Key Highlights of the Report for 2020-2024: CAGR of the market during the forecast period 2019-2024 Detailed information on factors that will drive carbon capture and storage market growth during the next five years Precise estimation of the carbon capture and storage market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in market dynamics The growth of the carbon capture and storage market industry across the Americas, APAC, Europe, and MEA A thorough analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of carbon capture and storage market vendors Download a free sample of the report with COVID-19 crisis and recovery analysis. Executive Summary Market Landscape Market ecosystem Market characteristics Value chain analysis Market Sizing Market definition Market segment analysis Market size 2019 Market outlook: Forecast for 2019 - 2024 Five Forces Analysis Five forces summary Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition Market Segmentation by Application by Volume Market segments Comparison by Application by volume Enhanced oil recovery - Market size and forecast 2019-2024 (thousand tons) Geological storage - Market size and forecast 2019-2024 (thousand tons) Market opportunity by Application by volume Market Segmentation by Technology by Volume Market segments Comparison by Technology by volume Pre-combustion - Market size and forecast 2019-2024 (thousand tons) Post-combustion - Market size and forecast 2019-2024 (thousand tons) Oxy-fuel combustion - Market size and forecast 2019-2024 (thousand tons) Market opportunity by Technology by volume Market Segmentation by End-user by Volume Market segments Comparison by End-user by volume Power and oil and gas - Market size and forecast 2019-2024 (thousand tons) Manufacturing - Market size and forecast 2019-2024 (thousand tons) Market opportunity by End-user by volume Market Segmentation by Transportation by Volume Market segments Comparison by Transportation by volume Pipeline - Market size and forecast 2019-2024 (thousand tons) Ships - Market size and forecast 2019-2024 (thousand tons) Market opportunity by Transportation by volume Customer landscape Geographic Landscape Geographic segmentation Geographic comparison Americas - Market size and forecast 2019-2024 APAC - Market size and forecast 2019-2024 Europe - Market size and forecast 2019-2024 MEA - Market size and forecast 2019-2024 Key leading countries Market opportunity by geography Market drivers Market challenges Market trends Vendor Landscape Competitive scenario Vendor landscape Landscape disruption Industry risks Vendor Analysis Vendors covered Market positioning of vendors Air Products and Chemicals Inc. Babcock & Wilcox Enterprises Inc. Chevron Corp. ENGIE SA Exxon Mobil Corp. Fluor Corp. General Electric Co. Hitachi Ltd. Praxair Inc. Royal Dutch Shell Plc Appendix Scope of the report Currency conversion rates for US$ Research methodology List of abbreviations About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected]: www.technavio.com/

LONDON–(BUSINESS WIRE)–#CarbonCaptureandStorageMarket–According to the latest report published by Technavio, the carbon capture and storage market size is poised to grow by 39.94 million tons during 2020-2024, decelerating at a CAGR of over 16% during the forecast period.


The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment facing direct and indirect COVID-19 impact.

To learn more about the global trends impacting the future of market research, download a free sample now

Market Competitive Analysis:

The market is fragmented due to the presence of carbon capture and storage manufacturing companies. Air Products and Chemicals Inc., Babcock & Wilcox Enterprises Inc., and Chevron Corp. are some of the major market participants.

  • Although the dependence on fossil fuels for the generation of electricity will offer immense growth opportunities, the rising impact of COVID-19 on energy demand will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
  • To help clients improve their market position, this carbon capture and storage market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies.
  • The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this carbon capture and storage market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Air Products and Chemicals Inc.
  • Babcock & Wilcox Enterprises Inc.
  • Chevron Corp.
  • ENGIE SA
  • Exxon Mobil Corp.
  • Fluor Corp.
  • General Electric Co.
  • Hitachi Ltd.
  • Praxair Inc.
  • Royal Dutch Shell Plc

Global Carbon Capture and Storage Market: COVID-19 Impact Analysis

Market Impact:

As the business impact of COVID-19 spreads, the global carbon capture and storage market 2020-2024 is expected to have negative and inferior growth.

Industry Impact:

The utilities industry is expected to have a negative impact due to the spread of the COVID-19 virus. The utilities market will have an indirect impact due to the spread. Even if the spread of the virus is contained, we expect that it may take more than two quarters (six months) to reach a normal state of economic activity.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Key Highlights of the Report for 2020-2024:

  • CAGR of the market during the forecast period 2019-2024
  • Detailed information on factors that will drive carbon capture and storage market growth during the next five years
  • Precise estimation of the carbon capture and storage market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in market dynamics
  • The growth of the carbon capture and storage market industry across the Americas, APAC, Europe, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of carbon capture and storage market vendors

Download a free sample of the report with COVID-19 crisis and recovery analysis.

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application by Volume

  • Market segments
  • Comparison by Application by volume
  • Enhanced oil recovery – Market size and forecast 2019-2024 (thousand tons)
  • Geological storage – Market size and forecast 2019-2024 (thousand tons)
  • Market opportunity by Application by volume

Market Segmentation by Technology by Volume

  • Market segments
  • Comparison by Technology by volume
  • Pre-combustion – Market size and forecast 2019-2024 (thousand tons)
  • Post-combustion – Market size and forecast 2019-2024 (thousand tons)
  • Oxy-fuel combustion – Market size and forecast 2019-2024 (thousand tons)
  • Market opportunity by Technology by volume

Market Segmentation by End-user by Volume

  • Market segments
  • Comparison by End-user by volume
  • Power and oil and gas – Market size and forecast 2019-2024 (thousand tons)
  • Manufacturing – Market size and forecast 2019-2024 (thousand tons)
  • Market opportunity by End-user by volume

Market Segmentation by Transportation by Volume

  • Market segments
  • Comparison by Transportation by volume
  • Pipeline – Market size and forecast 2019-2024 (thousand tons)
  • Ships – Market size and forecast 2019-2024 (thousand tons)
  • Market opportunity by Transportation by volume

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Americas – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption
  • Industry risks

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Air Products and Chemicals Inc.
  • Babcock & Wilcox Enterprises Inc.
  • Chevron Corp.
  • ENGIE SA
  • Exxon Mobil Corp.
  • Fluor Corp.
  • General Electric Co.
  • Hitachi Ltd.
  • Praxair Inc.
  • Royal Dutch Shell Plc

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]
Website: www.technavio.com/

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