Carbon Capture and Storage Market By Technology (Pre-Combustion Capture, Oxy-Fuel Combustion Capture, and Post-Combustion Capture), By End-User Industry (Oil and Gas, Coal and Biomass Power Plant, Iron and Steel, Chemical, and Other End-User Industry), and By Region - Trends, Analysis and Forecast till 2034

The market for carbon capture and storage is primarily being driven by stringent government regulations regarding greenhouse gas emissions and the growing need for CO2 injection techniques for enhanced oil recovery (EOR). The Carbon Capture and Storage Market (CCS) represents a critical solution in the fight against global climate change. The primary source of carbon emissions, fossil fuels, are being used more frequently as a result of the world's rising energy demand. The most practical method for lowering greenhouse gas emissions from extensive fossil fuel use right now is carbon capture and storage (CCS). The high cost of implementing CCS technologies and the rise in shale investments are predicted to impede the global market's expansion. One of the main obstacles to the growth is the high cost of the technology.