Dallas, Texas (PRWEB) July 19, 2014 -- Carbon capture and sequestration (CCS) technology is expected to emerge as a clean technology to reduce GHG emissions. The integration of CCS with IGCC will reduce costs and make CCS technology more economically viable. IGCC plants equipped with CCS technology are cost-effective and profitable in terms of efficiency, capacity, and ROI. Retrofitting an IGCC plant is not preferred over investing in an IGCC plant with CCS from the start. The integration of these technologies will help the market overcome commercialization issues.
Analysts forecast the Global Carbon Capture and Sequestration market will grow at a CAGR of 25.49 percent over the period 2013-2018. According to the report, The Global CCS market is driven by several factors. One of the key drivers is the rising concerns about the environment and the looming threat of global warming. CCS technology integration helps reduce GHG emissions and restricts drastic climate change. The market is also growing at a significant pace as a result of increasing investments and advances in technology.
This report covers the present scenario and the growth prospects of the Global Carbon Capture and Sequestration market for the period 2013-2018. It provides a detail analysis of the market by service. The report also covers information about beneficial reuse of CO2 in existing as well as upcoming applications.
The Global Carbon Capture and Sequestration Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the Europe, MEA, and APAC regions; it also covers the Global Carbon Capture and Sequestration market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Carbon Capture and Sequestration Market: UOP LLC, Exxonmobil Corp., Shell Cansolv, Schlumberger Ltd, Aker Clean Carbon AS, Alstom SA, Chevron Corp., Fluor Corp., General Electric Co., Hitachi Ltd, Linde AG, MitsubishiHeavy Industries, Siemens Energy Inc., and Southern Co.
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Key Market Driver
• Rising Climatic Concerns Swifts Market Growth.
Key Market Challenge
• Environmental Regulations and Pollution Hazards.
Key Market Trend
• Integration of CCS with IGCC.
Further, the report states that one of the major challenges is the pollution hazards posed by CCS projects. The fear of CO2 leakage and lack of regulatory policies for preventing disasters is hindering market growth. The high cost of setting up CCS plants and making them operational could also adversely affect the market.
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation by Value Chain Analysis
07.1.1 CO2 Source
07.1.2 Carbon Capture Process
07.1.3 Transport
07.1.4 Storage
08. CCS Market by Service
09. CO2 Reuse: An Economic Driver for CCS
09.1 Existing Applications of CO2
09.2 Emerging Applications of CO2
10. Geographical Segmentation
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
18.1 Competitive Scenario
18.1.1 Key News
18.2 Other Prominent Vendors
19. Key Vendor Analysis
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Global CCS Market 2013-2018 (US$ billion)
Exhibit 3: CCS Value Chain
Exhibit 4: Major Capture Service Providers
Exhibit 5: Global CCS Market Geographical Segmentation 2013
Exhibit 6: CCS Market in Americas 2013-2018 (US$ billion)
Exhibit 7: CCS Market in Europe 2013-2018 (US$ billion)
Exhibit 8: CCS Market in APAC Region 2013-2018
Exhibit 9: CCS Market in MEA Region 2013-2018 (US$ billion)
Exhibit 10: Business Segmentation: UOP LLC
Exhibit 11: Business Segmentation: ExxonMobil Corp.
Exhibit 12: Business Segmentation: Shell Cansolv
Exhibit 13: Schlumberger Ltd.: Business Segmentation
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Ritesh Tiwari, Sandlerresearch.org, http://www.sandlerresearch.org/, +1 (888) 391-5441, [email protected]
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