Global Carbon Capture Usage and Storage (CCUS) Technology Market Growth (Status and Outlook) 2025-2031

The global Carbon Capture Usage and Storage (CCUS) Technology market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Carbon Capture Usage and Storage (CCUS), also known as Carbon Capture and Storage (CCS), is a set of technologies and processes aimed at capturing carbon dioxide (CO2) emissions from industrial and energy-related sources, utilizing the captured CO2 for various purposes, and storing it underground in a secure and permanent manner.

The goal of CCUS is to reduce greenhouse gas emissions, particularly CO2, by capturing and storing it before it enters the atmosphere. It is considered a critical technology for achieving deep decarbonization and meeting climate change mitigation targets. CCUS can help industries transition to lower-carbon operations while maintaining reliable energy supplies and supporting economic growth.

CCUS development has gained significant momentum in recent years, driven by strengthened climate targets and subsequently increased policy support for the technology around the world. In 2022, 61 new CCUS facilities were added to the project pipeline globally, bringing the global total of CCUS projects to 30 in operation, 11 under construction and 153 in development. The US already has more CCUS projects than any other country, and its landmark Inflation Reduction Act of 2022 is expected to drive further deployment of the technology in the coming years.

In Europe, countries including the UK, Netherlands and Norway are looking to develop CCUS in regional industrial clusters, in which multiple emitters can benefit economically from shared transportation and storage infrastructure.

LPI (LP Information)' newest research report, the “Carbon Capture Usage and Storage (CCUS) Technology Industry Forecast” looks at past sales and reviews total world Carbon Capture Usage and Storage (CCUS) Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected Carbon Capture Usage and Storage (CCUS) Technology sales for 2025 through 2031. With Carbon Capture Usage and Storage (CCUS) Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carbon Capture Usage and Storage (CCUS) Technology industry.

This Insight Report provides a comprehensive analysis of the global Carbon Capture Usage and Storage (CCUS) Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Carbon Capture Usage and Storage (CCUS) Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Carbon Capture Usage and Storage (CCUS) Technology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carbon Capture Usage and Storage (CCUS) Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carbon Capture Usage and Storage (CCUS) Technology.

This report presents a comprehensive overview, market shares, and growth opportunities of Carbon Capture Usage and Storage (CCUS) Technology market by product type, application, key players and key regions and countries.

Segmentation by Type:
Carbon Capture and Storage (CCS)
Carbon Capture and Utilization (CCU)
Carbon Capture and Conversion (CCC)

Segmentation by Application:
Power Generation
Industrial Processes
Enhanced Oil Recovery (EOR)
Chemical and Fuel Production
Carbon Offsetting
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mitsubishi Heavy Industries (MHI)
Siemens Energy
Aker Solutions
Carbon Clean Solutions
Climeworks
Global Thermostat
Carbon Engineering
Occidental
C-Capture
Occidental Petroleum
Schlumberger
Shell

Please note: The report will take approximately 2 business days to prepare and deliver.