Carbon Capture and Storage (Ccs) Market Growth and Value Chain 2015-2025

Global Carbon

Capture and Storage

(CCS) Market

Share, Global Trends,

Analysis, Research, Report,

Opportunities,

Segmentation and Forecast,

2025

Future Market Insights

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Report Description

Globally, large quantities of fossil fuels are consumed for a variety of industrial processes

such as those in steel industries, cement industries and in power generation. Combustion

of fossil fuels at such a large scale results in emission of carbon dioxide and other

greenhouse gases in to the atmosphere. Ever increasing amount of these gases in the

atmosphere have resulted in irreversible phenomena such as climate change, depletion

of ozone among the others. Sighting these and several other imminent threats, an

ingenious technology namely Carbon Capture and Storage (CCS) has been increasingly

adopted across the globe in recent years. Carbon Capture and Storage (CCS) is a process

wherein up to 90% of carbon dioxide emissions produced as a result of combustion of

fossil fuels, are captured. Thus, preventing them from entering the atmosphere. The

process comprises three steps, first step involves capturing the carbon dioxide which is

emitted, second step involves transportation of the captured carbon dioxide and the

third step involves its secure storage.

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Carbon Capture and Storage Market: Drivers & Restraints

The growing concerns as regards the environmental hazards and irreversible changes

resulting from the emissions in to the atmosphere have resulted in implementation of

stringent regulations pertaining to emissions into the atmosphere. These in turn have

prompted companies across the globe to develop processes that are efficient at the same

time are environmentally friendly.

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Report Description

The ever growing use of fossil fuels and industrial...