Carbon Capture, Utilization, and Storage Market Size, Share and Trends Report 2026 to 2035

Report Id: 2613 Pages: 180 Last Updated: 02 February 2026 Format: PDF / PPT / Excel / Power BI
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Segmentation of Carbon Capture, Utilization, and Storage Market -

Carbon Capture, Utilization, and Storage Market by Service -

  • Capture
  • Transportation
  • Utilization
  • Storage

Carbon Capture, Utilization, and Storage Market Segmentation Analysis

Carbon Capture, Utilization, and Storage Market by Technology  -

  • Pre-Combustion Carbon Capture
  • Post-Combustion Carbon Capture
  • Oxy-Fuel Combustion Carbon Capture

 Carbon Capture, Utilization, and Storage Market by End-Use Industry-

  • Oil and Gas Industry
  • Power Industry
  • Iron & Steel
  • Others
    • Cement Industry
    • Chemical Industry             

Carbon Capture, Utilization, and Storage Market by Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary

Chapter 3. Global Carbon Capture, Utilization, and Storage Market Snapshot

Chapter 4. Global Carbon Capture, Utilization, and Storage Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Service Estimates & Trend Analysis
5.1. by Service & Market Share, 2025 & 2035
5.2. Market Size (Value (US$ Mn) & Volume (Ton)) & Forecasts and Trend Analyses, 2022 to 2035 for the following by Service:

5.2.1. Capture
5.2.2. Transportation
5.2.3. Utilization
5.2.4. Storage

Chapter 6. Market Segmentation 2: by Technology Estimates & Trend Analysis
6.1. by Technology & Market Share, 2025 & 2035
6.2. Market Size (Value (US$ Mn) & Volume (Ton)) & Forecasts and Trend Analyses, 2022 to 2035 for the following by Technology:

6.2.1. Pre-Combustion Carbon Capture
6.2.2. Post-Combustion Carbon Capture
6.2.3. Oxy-Fuel Combustion Carbon Capture

Chapter 7. Market Segmentation 3: by End-Use Industry Estimates & Trend Analysis
7.1. by End-Use Industry & Market Share, 2025 & 2035
7.2. Market Size (Value (US$ Mn) & Volume (Ton)) & Forecasts and Trend Analyses, 2022 to 2035 for the following by End-Use Industry:

7.2.1. Oil and Gas Industry
7.2.2. Power Industry
7.2.3. Iron & Steel
7.2.4. Others

7.2.4.1. Cement Industry
7.2.4.2. Chemical Industry

Chapter 8. Carbon Capture, Utilization, and Storage Market Segmentation 4: Regional Estimates & Trend Analysis

8.1. North America
8.1.1. North America Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Service, 2022 - 2035
8.1.2. North America Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Technology, 2022 - 2035
8.1.3. North America Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by End-Use Industry, 2022 - 2035
8.1.4. North America Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2022 - 2035

8.2. Europe
8.2.1. Europe Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Service, 2022 - 2035
8.2.2. Europe Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Technology, 2022 - 2035
8.2.3. Europe Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by End-Use Industry, 2022 - 2035
8.2.4. Europe Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2022 - 2035

8.3. Asia Pacific
8.3.1. Asia Pacific Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Service, 2022 - 2035
8.3.2. Asia Pacific Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Technology, 2022 - 2035
8.3.3. Asia-Pacific Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by End-Use Industry, 2022 - 2035
8.3.4. Asia Pacific Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2022 - 2035

8.4. Latin America
8.4.1. Latin America Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Service, 2022 - 2035
8.4.2. Latin America Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Technology, 2022 - 2035
8.4.3. Latin America Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by End-Use Industry, 2022 - 2035
8.4.4. Latin America Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2022 - 2035

8.5. Middle East & Africa
8.5.1. Middle East & Africa Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Service, 2022 - 2035
8.5.2. Middle East & Africa Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Technology, 2022 - 2035
8.5.3. Middle East & Africa Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by End-Use Industry, 2022 - 2035
8.5.4. Middle East & Africa Carbon Capture, Utilization, and Storage Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2022 - 2035

Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles

9.2.1. Aker Carbon Capture
9.2.2. Carbon Clean Solutions Limited
9.2.3. CarbonFree
9.2.4. C-Capture
9.2.5. Cemvita Factory Inc.
9.2.6. Equinor ASA
9.2.7. ExxonMobil Corporation
9.2.8. Fluor Corporation
9.2.9. Halliburton
9.2.10. Hitachi, Ltd
9.2.11. Honeywell International Inc
9.2.12. JGC Holdings Corporation
9.2.13. Linde Plc
9.2.14. Mirreco
9.2.15. Mitsubishi Heavy Industries, Ltd.
9.2.16. Neustark AG
9.2.17. Royal Dutch Shell
9.2.18. Schlumberger Ltd
9.2.19. SeeO2 Energy Inc.
9.2.20. Shell plc
9.2.21. Siemens
9.2.22. Other Prominent Players

Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

Carbon Capture, Utilization, and Storage Market Size is valued at USD 5.85 Bn in 2025 and is predicted to reach USD 55.26 Bn by the year 2035.

The Carbon Capture, Utilization, and Storage Market is estimated to grow at an 25.3% CAGR during the forecast period for 2026-2035.

Aker Carbon Capture, Carbon Clean Solutions Limited, CarbonFree, C-Capture, Cemvita Factory Inc., Equinor ASA, ExxonMobil Corporation, Fluor Corporati

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