Carbon Capture And Storage Market expected to expand at a CAGR of 5.8 % from 2022 to 2030
Carbon Capture And Storage Industry Overview The global carbon capture and storage market size is expected to reach USD 5.35 Billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.8% from 2022 to 2030. Increasing concerns regarding the detrimental effect of carbon emissions on the environment have prompted the adoption of carbon capture and storage (CCS) technology. Various governments are encouraging the implementation of technology through pilot projects across various industries due to the ability of carbon capture & storage technology to serve as a large-scale solution for achieving the high CO2 emission reduction targets and climate control goals. Carbon Capture And Storage Market Segmentation Grand View Research has segmented the carbon capture and storage market based on capture technology, application, and region: Based on the Capture Technology Insights, the market is se...