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


Posted September 18, 2014 by sagmnm

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

 
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.
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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.
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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:
Europe Carbon capture & Sequestration Market
The Europe’s carbon capture & sequestration market is the growing market valued at $69.5 million in 2013 and is forecasted to reach $862.4 million by 2019, growing at a highest CAGR of 65.5% from 2014 to 2019. Currently, the pre-combustion technology is only technology is implemented in this region.
The report “Europe Carbon Capture & Sequestration Market forecast, 2014-2019” analyses by the types of technology and geography. In term of geography, this region is segmented into France, Netherlands, Norway, U.K and others. The technologies include industrial separation, oxy- fuel combustion capture, post combustion capture and pre-combustion capture.
Strict government policies and mitigating climate change & development 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.
http://www.micromarketmonitor.com/market/europe-carbon-capture-sequestration-1790927418.html
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Issued By Chandrasekhar K.
Country United States
Categories Energy
Tags americas carbon capture and sequestration market
Last Updated September 18, 2014