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Global Carbon Capture, Utilization and Storage (CCUS) Growth Opportunities

ReportLinker
·1-min read

Carbon Capture, Utilization, and Storage (CCUS) will have a huge role to play in the global trend towards decarbonization of industries in the decades ahead. As energy transition accelerates and impending deadlines for carbon-neutrality approach, the CCUS market will present dynamic growth opportunities across regions and industrial sectors till 2030.

New York, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Carbon Capture, Utilization and Storage (CCUS) Growth Opportunities" - https://www.reportlinker.com/p06193752/?utm_source=GNW


In the short to medium term, CCUS will find wider application in hard-to-abate industries, such as coal-fired power plants, cement manufacturing, iron and steel, fertilizers, and chemical production by retrofitting existing plants. In order to have a larger impact on decarbonization strategies in the longer term, negative emission technologies, such as Bioenergy CCS (BECCS) and Direct Air CCS (DACCS) will begin to be deployed.CCUS hubs will play a significant role by integrating various industrial clusters within the ecosystem, thereby, reducing the cost and operational risk. At the same time, innovation will focus on cost reduction, technology optimization, modularization, and new business models.This study gives a comprehensive analysis of the global CCUS market till 2030, including forecasts for revenue, carbon capture capacity, regional splits, trends by industry, competitive analysis, and growth opportunity identification.
Author: Mahesh Radhakrishnan
Read the full report: https://www.reportlinker.com/p06193752/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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