Ccus Absorption Market Share
By Region, the CCUS Absorption Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
North America has the highest deployment of CCUS, which is supported by strong government support, improved technology development, and significant investments made in the United States. It is also one of the primary reasons why this region has a thriving oil and gas industry.
Europe has a major share of the worldwide CCUS market, driven mostly by rigorous environmental regulations and ambitious climate targets. The European Union Green Deal, as well as numerous state efforts, are driving the use of CCUS technologies in various sectors.