Americas Carbon Capture and Sequestration Market is Expected to Reach $2.6 Billion in 2019


Posted May 5, 2015 by freda25mmm

The Americas Carbon Capture & Sequestration Market report defines and segments the carbon capture & sequestration market in the Americas with analysis and forecast of revenue.

 
The Americas Carbon Capture & Sequestration Market report defines and segments the carbon capture & sequestration market in the Americas with analysis and forecast of revenue. This market is estimated to grow from $1.1 billion in 2014 to $2.6 billion by 2019, at a CAGR of 17.4 % from 2014 to 2019.

Browse through the TOC of the Americas Carbon Capture & Sequestration Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/americas-carbon-capture-sequestration-5472901772.html

The rising energy demand has increased exploration and production activities across the globe, and rapid industrialization is contributing greatly to greenhouse gases. There is an urgent need to take steps to reduce greenhouse gas emissions. Now, governments of different countries are implementing policies to support the reduction of excess emission of carbon. They are also making investments to support different research activities. These factors are driving the growth of the carbon capture & sequestration market.

According to the International Energy Agency (IEA), the U.S. reduced its emission by about 7.5% between 2006 and 2011 and has set a target for 2020 to reduce emissions by up to 17% against a 2005 baseline. The U.S. Environmental Protection Agency announced the reduction of carbon pollution from power plants in the climate action plan, which has been implemented under President Obama’s administration.

This market is segmented and forecasted on the basis of technology and geography. Segmentation by technology includes industrial separation, oxy-fuel combustion capture, post-combustion capture, and pre-combustion capture. The market is further segmented and forecasted on the basis of major countries, such as the U.S., Canada, and Brazil.

This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market, including major companies that provide carbon capture & sequestration services.

Related Reports:
European Carbon capture & Sequestration Market –
The Europe had a share of around 6% in the global carbon capture and sequestration market in 2013. This market is expected to grow from an estimated $69.5 million in 2013 to $862.4 million by 2019, at the highest CAGR of 66%. Strict government policies and mitigating climate change, in addition to developmental activities are driving the growth of carbon capture and sequestration market in this region. Norway is a key market of carbon capture and sequestration in the European region.

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Issued By micromarketmonitor
Country United States
Categories Business , Energy , Industry
Tags americas carbon capture and sequestration market
Last Updated May 5, 2015