Product Code: 18830
The Global Carbon Capture Storage Market will grow from USD 4.89 Billion in 2025 to USD 7.29 Billion by 2031 at a 6.88% CAGR. Carbon capture and storage (CCS) encompasses the technological processes designed to intercept carbon dioxide emissions from large industrial and energy-related sources, transport the gas, and permanently sequester it within deep geological formations.
| Market Overview |
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 4.89 Billion |
| Market Size 2031 | USD 7.29 Billion |
| CAGR 2026-2031 | 6.88% |
| Fastest Growing Segment | Post-combustion Capture |
| Largest Market | North America |
Key Market Drivers
The expansion of Government Tax Credits and Financial Incentive Schemes acts as the primary catalyst for market acceleration by directly addressing the high capital costs of capture technologies. As public funding de-risks commercial projects, major economies are solidifying infrastructure commitments.
Key Market Challenges
The substantial upfront capital expenditure required for capture facilities and transport infrastructure serves as a primary financial barrier to the market's commercial expansion. Developing these large-scale industrial projects demands immense initial funding, often rendering the economic model unviable for companies operating with tight profit margins. This high cost of entry creates a significant risk profile for investors, leading to hesitation in committing the necessary funds for construction.
Key Market Trends
The Emergence of Shared Industrial CCS Hubs and Clusters represents a fundamental structural shift from standalone projects to multi-user infrastructure, significantly improving the economic viability of carbon management. By aggregating emissions from various industrial sources into shared transport and storage networks, these hubs reduce unit costs through economies of scale and de-risk decarbonization for smaller emitters. This consolidated approach is rapidly advancing, with major capacity expansions already underway to accommodate third-party volumes.
Key Market Players
- ExxonMobil Corporation
- Royal Dutch Shell plc
- Chevron Corporation
- BP p.l.c.
- TotalEnergies SE
- Equinor ASA
- Occidental Petroleum Corporation
- China Petroleum & Chemical Corporation
- Adani Enterprises Limited
- NRG Energy, Inc.
Report Scope:
In this report, the Global Carbon Capture Storage Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Carbon Capture Storage Market, By Technology:
- Pre-combustion Capture
- Oxy-fuel Combustion Capture
- Post-combustion Capture
Carbon Capture Storage Market, By Services:
- Carbon Capture Services
- Carbon Storage Services
- Carbon Capture Transportation Services
- Others
Carbon Capture Storage Market, By End-user Industry:
- Oil and Gas
- Coal and Biomass Power Plant
- Iron and Steel
- Chemical
Carbon Capture Storage Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Carbon Capture Storage Market.
Available Customizations:
Global Carbon Capture Storage Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Carbon Capture Storage Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Technology (Pre-combustion Capture, Oxy-fuel Combustion Capture, Post-combustion Capture)
- 5.2.2. By Services (Carbon Capture Services, Carbon Storage Services, Carbon Capture Transportation Services, Others)
- 5.2.3. By End-user Industry (Oil and Gas, Coal and Biomass Power Plant, Iron and Steel, Chemical)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
- 5.3. Market Map
6. North America Carbon Capture Storage Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Technology
- 6.2.2. By Services
- 6.2.3. By End-user Industry
- 6.2.4. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Carbon Capture Storage Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Technology
- 6.3.1.2.2. By Services
- 6.3.1.2.3. By End-user Industry
- 6.3.2. Canada Carbon Capture Storage Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Technology
- 6.3.2.2.2. By Services
- 6.3.2.2.3. By End-user Industry
- 6.3.3. Mexico Carbon Capture Storage Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Technology
- 6.3.3.2.2. By Services
- 6.3.3.2.3. By End-user Industry
7. Europe Carbon Capture Storage Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Technology
- 7.2.2. By Services
- 7.2.3. By End-user Industry
- 7.2.4. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Carbon Capture Storage Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Technology
- 7.3.1.2.2. By Services
- 7.3.1.2.3. By End-user Industry
- 7.3.2. France Carbon Capture Storage Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Technology
- 7.3.2.2.2. By Services
- 7.3.2.2.3. By End-user Industry
- 7.3.3. United Kingdom Carbon Capture Storage Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Technology
- 7.3.3.2.2. By Services
- 7.3.3.2.3. By End-user Industry
- 7.3.4. Italy Carbon Capture Storage Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Technology
- 7.3.4.2.2. By Services
- 7.3.4.2.3. By End-user Industry
- 7.3.5. Spain Carbon Capture Storage Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Technology
- 7.3.5.2.2. By Services
- 7.3.5.2.3. By End-user Industry
8. Asia Pacific Carbon Capture Storage Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Technology
- 8.2.2. By Services
- 8.2.3. By End-user Industry
- 8.2.4. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Carbon Capture Storage Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Technology
- 8.3.1.2.2. By Services
- 8.3.1.2.3. By End-user Industry
- 8.3.2. India Carbon Capture Storage Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Technology
- 8.3.2.2.2. By Services
- 8.3.2.2.3. By End-user Industry
- 8.3.3. Japan Carbon Capture Storage Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Technology
- 8.3.3.2.2. By Services
- 8.3.3.2.3. By End-user Industry
- 8.3.4. South Korea Carbon Capture Storage Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Technology
- 8.3.4.2.2. By Services
- 8.3.4.2.3. By End-user Industry
- 8.3.5. Australia Carbon Capture Storage Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Technology
- 8.3.5.2.2. By Services
- 8.3.5.2.3. By End-user Industry
9. Middle East & Africa Carbon Capture Storage Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Technology
- 9.2.2. By Services
- 9.2.3. By End-user Industry
- 9.2.4. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Carbon Capture Storage Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Technology
- 9.3.1.2.2. By Services
- 9.3.1.2.3. By End-user Industry
- 9.3.2. UAE Carbon Capture Storage Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Technology
- 9.3.2.2.2. By Services
- 9.3.2.2.3. By End-user Industry
- 9.3.3. South Africa Carbon Capture Storage Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Technology
- 9.3.3.2.2. By Services
- 9.3.3.2.3. By End-user Industry
10. South America Carbon Capture Storage Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Technology
- 10.2.2. By Services
- 10.2.3. By End-user Industry
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Carbon Capture Storage Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Technology
- 10.3.1.2.2. By Services
- 10.3.1.2.3. By End-user Industry
- 10.3.2. Colombia Carbon Capture Storage Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Technology
- 10.3.2.2.2. By Services
- 10.3.2.2.3. By End-user Industry
- 10.3.3. Argentina Carbon Capture Storage Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Technology
- 10.3.3.2.2. By Services
- 10.3.3.2.3. By End-user Industry
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Carbon Capture Storage Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. ExxonMobil Corporation
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Royal Dutch Shell plc
- 15.3. Chevron Corporation
- 15.4. BP p.l.c.
- 15.5. TotalEnergies SE
- 15.6. Equinor ASA
- 15.7. Occidental Petroleum Corporation
- 15.8. China Petroleum & Chemical Corporation
- 15.9. Adani Enterprises Limited
- 15.10. NRG Energy, Inc.
16. Strategic Recommendations
17. About Us & Disclaimer