(iStock)
According to Technavio, the Carbon Capture and Storage (CCS) market is forecasted to increase by 104.5 million tons from 2023 to 2027. Additionally, the market is expected to grow at a compound annual growth rate (CAGR) of 22.91% during the forecast period.
The CCS market is fragmented due to the participation of many global and regional players. The market comprises category-focused, industry-focused, and diversified vendors.
The report analyzes the market’s competitive landscape and offers information on several market companies, including Air Products and Chemicals, Aker Solutions ASA, Babcock and Wilcox Enterprises, Chevron, ENGIE SA, Eni Spa, Exxon Mobil, General Electric, Hitachi, Mitsubishi Heavy Industries, Shell and Siemens.
