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Carbon Capture Sequestration Market Projected to Reach 8.05 Billion till 2021 with CAGR 13.6%

The report "Carbon Capture and Sequestration Market by Service type (Capture (Pre-Combustion, Post-Combustion, & Oxy-Fuel), Transport, and Sequestration), by Application (EOR, Industrial, and Agricultural), and by Region - Global Trends and Forecast to 2021", The carbon capture & sequestration market is projected to grow from an estimated USD 4.25 Billion in 2016 to USD 8.05 Billion by 2021, at a CAGR of 13.6% from 2016 to 2021. Factors such as growing demand for power & CO2-EOR techniques and rising environmental concerns across the globe are driving the market.

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Carbon Capture Sequestration Market Projected to Reach 8.05 Billion till 2021 with CAGR 13.6%

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  1. Carbon Capture Sequestration Market Projected to Reach 8.05 Billion till 2021 with CAGR 13.6% www.MarketsandMarkets.com

  2. The report "Carbon Capture and Sequestration Market by Service type (Capture (Pre-Combustion, Post-Combustion, & Oxy-Fuel), Transport, and Sequestration), by Application (EOR, Industrial, and Agricultural), and by Region - Global Trends and Forecast to 2021", The carbon capture & sequestration market is projected to grow from an estimated USD 4.25 Billion in 2016 to USD 8.05 Billion by 2021, at a CAGR of 13.6% from 2016 to 2021. Factors such as growing demand for power & CO2-EOR techniques and rising environmental concerns across the globe are driving the market. The report segments the carbon capture & sequestration market based on services into capture, transport, and sequestration. The capture segment recorded the largest market size in 2015. This segment has further been segmented into pre-combustion, post-combustion, and oxy-fuel. Pre-combustion segment held the largest market size in 2015, given an increase in the number of pre-combustion projects. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=192793537

  3. Industrial Application the fastest growing segment of carbon capture and sequestration The industrial application segment is expected to grow at the highest CAGR during the forecast period. Industrial processes such as cement production, natural gas processing facilities, food & beverage manufacturing emit huge amount of greenhouse gas, and hence, the demand for carbon capture and sequestration technology is expected to increase in industries to reduce emissions. Capture Service the largest segment in the carbon capture & sequestration market The capture segment occupied the largest market share in the carbon capture & sequestration market in 2015. The segment has further been segmented into pre-combustion, post-combustion, and oxy-fuel. In 2015, the pre-combustion segment held the largest market share, owing to increase in number of projects. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=192793537

  4. Browse >> 65 market data tables 49 figures 140 pagesand in-depth TOC on “Carbon Capture Sequestration Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. North America to dominate the market In this report, the carbon capture & sequestration market has been analyzed with respect to six regions, namely, North America, Africa, Asia-Pacific, South America, Europe, and the Middle East. North America is estimated to dominate the market, owing to factors such as more number of coal- and gas-fired power plants, which emit more greenhouse gases when compared with other sources of power generation. Furthermore, Supreme Court of the United States has proposed a carbon trading scheme, named US Clean Power Plan on February 2016, which is expected to be implemented from 2017. This scheme aims at curbing carbon pollution from the power plants in the U.S. In addition, the Canadian government, along with the industry partners, is conducting research on developing CCS technology at Alberta’s two largest universities. This creates huge opportunities for carbon capture and storage market in Canada. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=192793537

  6. Target Audience: • Carbon capture service providers • Carbon transport service providers • Carbon storage service providers • Power producers by coal • Chemical and other industries • Iron and steel sector • Environmental associations • Offshore production platform manufacturing companies • Government and research organizations • Investment banks • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=192793537

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the market. These include • Introduction • Aker Solutions • Fluor Corporation • Hitachi, Ltd. • Linde AG • Mitsubishi Heavy Industries, Ltd. • Exxonmobil Corporation • General Electric • Halliburton • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=192793537

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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