Carbon capture, utilization, and storage (also referred to as CCUS) is a process that involves capturing carbon dioxide (CO2), transporting it through pipelines, ships, and other modes of transport and storing it under the Earth’s surface to prevent CO2 emissions. The stringent eco-friendly lawas emphasizing on curbing the CO2 emissions from industrial and power plants, is driving the growth of the market. The global carbon capture, utilization, and storage market size is expected to grow from USD 1.9 billion in 2021 to USD 4.1 billion by 2026, at a CAGR of 17.0% during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=151234843 Over the past years, companies have strengthened their position in the global carbon capture, utilization, and sstorage market by adopting expansions as a major strategy. From 2016 to 2021, the partnership was the key strategies adopted by the market players to maintain growth in the global carbon capture, utilization, and storage market. Royal Dutch Shell is an international energy company that specializes in the exploration, production, refining and marketing of oil and natural gas.
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