The Global Carbon Capture & Sequestration Market is projected to reach USD 8.05 billion by 2021, at a CAGR of 13.6% from 2016 to 2021. This growth can be attributed to rising environmental concerns across the world and increasing demand for CO2-EOR techniques.
The report segments the carbon capture & sequestration market based on services into capture, transport, and sequestration. The capture segment recorded the largest market size in 2015. This segment has further been segmented into pre-combustion, post-combustion, and oxy-fuel. Pre-combustion segment held the largest market size in 2015, given an increase in the number of pre-combustion projects. The industrial application segment is expected to grow at the highest CAGR during the forecast period. Industrial processes such as cement production, natural gas processing facilities, food & beverage manufacturing emit huge amount of greenhouse gas, and hence, the demand for carbon capture and sequestration technology is expected to increase in industries to reduce emissions.
North America held the largest market share, followed by Asia-Pacific and the Middle East. In 2015, the U.S. dominated the North American carbon capture & sequestration market. This can be attributed to government support, followed by presence of more coal- and gas-fired power plants. Meanwhile, the market is estimated to grow the fastest in Asia-Pacific, owing to more number of coal-fired power plants. The figure given below indicates the market size of various regions by 2021, with their respective CAGRs.

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Objectives of the Study
• To define, describe, analyze, and forecast the global carbon capture & sequestration market based on application, service, and region
• To provide detailed information on major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze the carbon capture & sequestration market with respect to individual growth trends and future prospects
• To identify the major stakeholders in the carbon capture & sequestration market and draw a competitive landscape for market leaders
• To project the market size of the carbon capture & sequestration market and its segments in key regions, namely, North America, Africa, Asia-Pacific, South America, Europe, and the Middle East
• To analyze market opportunities for stakeholders by identifying high-growth segments of the carbon capture & sequestration market
• To track and analyze recent developments such as expansions, new product launches, mergers & acquisitions, and contracts & agreements in the global carbon capture & sequestration market

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Key Player Analysis:
Some of the leading players in the carbon capture & sequestration market include Fluor Corporation (U.S.), Linde AG (Germany), Shell CANSOLV (USA), Siemens (Germany), and Mitsubishi Heavy Industries (Japan), among others. Contracts & agreements was the most commonly adopted strategy by the top players in the market, followed by expansions and other developments.

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