Exploring the Future of Carbon Capture: Chemicals and Materials Market Poised for Growth by 2030 - Big Opportunities and Big Challenges in the Short Term
Dublin, July 19, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities in Chemicals and Materials for Carbon Capture" report has been added to ResearchAndMarkets.com's offering.
This report attempts to build a 2030 demand forecast for the main chemicals and materials under consideration for use in carbon-capture infrastructure: amines, potassium carbonate, activated carbon, and zeolites. It also analyzes other capture methods that use different process chemicals, such as Selexol, Rectisol, and metallic-organic frameworks.
Given the rising trajectory of emissions, the Intergovernmental Panel on Climate Change (IPCC) introduced the concept of carbon capture in a 2014 report and subsequent reports. It stressed the need for carbon capture in 2022 by including some form of it in almost all its forecasting scenarios.
All existing CCUS technologies are nascent, so they face similar challenges: techno-economic uncertainty, high complexity projects (such as those that involve geological storage), and little information on the current and potential environmental impacts of projects that involve capture, transport, and sequestration.
Other equally relevant challenges include cost-effectiveness, carbon pricing mechanisms' uncertain effectiveness in fostering capture markets; the need for public and private funding to build the required infrastructure; and the need for an enabling regulatory framework, social license, and a careful evaluation of the impacts on communities.
The CCUS industry presents a high risk (particularly for new entrants) and an enormous revenue outlook for the next decades, while the plan is not yet written.
Growth Opportunity Universe
Researching New Materials
Exploiting the Chemical Industry's Unique Position
Developing Aluminum Formate
Key Topics Covered:
Analysis Highlights
Analysis Highlights
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the Chemicals and Materials for Carbon Capture Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Environment
Scope of Analysis
CCUS Technologies Segmentation
CCUS Value Chain and Definitions
The Bigger Picture of CCUS Technologies
Ideal Properties in Solvents and Materials for CCUS
Brief Description of Selected Carbon Capture Processes
Key Chemicals in Selected CCUS Processes
Strengths and Weaknesses in Selected Chemicals for Carbon Capture
Pre/Post-combustion, Capture Processes, and Selected Materials
Growth Drivers
Growth Restraints
Annual Capacity Addition Forecast by Principal Separation Technology
Forecast Assumptions for Selected Chemicals for CCUS
Assumptions for the Selected Capture Technologies
Forecast Assumptions, Summary Table
Pricing Analysis for Selected Chemicals for CCUS
Forecast Assumptions for Selected CCUS Chemicals Market
Revenue and Volume Forecast
Revenue Forecast by Selected Chemical
Materials and Solvent Manufacturers to Watch
Infrastructure Providers to Watch
Sources
For more information about this report visit https://www.researchandmarkets.com/r/pbnima
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