Global CCS market size 2021-2031
The global carbon capture and storage (CCS) market size was valued at 2.4 billion U.S. dollars in 2023. The global CCS market size is forecast to register a CAGR of 13.5 percent between 2024 and 2031 to reach a value of 16.5 billion U.S. dollars in the latter year. Growth in the CCS industry is set to driven by a range of factors, such as the rising rate of industrialization and investment in manufacturing facilities, as well as various government measures to reduce greenhouse gas emissions in different industries.
More information on the global carbon capture and storage market can be found here.