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Growth Opportunities in Carbon Capture Utilization & Storage, Global, 2024–2040

Publisher Frost & Sullivan
Published Nov 13, 2025
Length 97 Pages
SKU # MC20580601

Description

Carbon capture, utilization, and storage (CCUS) will play a significant role in the global shift toward decarbonizing industries in the decades ahead. As the global energy transition accelerates and impending deadlines for a carbon-neutrality approach, the CCUS market will present dynamic growth opportunities across regions and industrial sectors to 2040. In the short to medium term, CCUS will find wider applications in hard-to-abate industries, such as coal-fired power plants, cement manufacturing, iron and steel, fertilizers, and chemical production by retrofitting existing plants. 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 be deployed. CCUS hubs will play a significant role by integrating various industrial clusters within the ecosystem, thereby reducing costs and operational risk. Meanwhile, innovation will focus on cost reduction, technology optimization, modularization, and the development of new business models. This study provides a comprehensive analysis of the global CCUS market through 2040, including forecasts for revenue, carbon capture capacity, technology, regional splits, industry trends, competitive analysis, and identification of growth opportunities.

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97 Pages

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