Carbon Capture Market Landscape

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An increase in government initiatives, investments in research and development, and corporate commitments to sustainability are key factors driving this growth. 5.2. Major Market Players The CCUS market is dominated by several major companies, including: Chevron: Actively invest in new ventures and expand its presence in the CCUS market through strategic partnerships and funding initiatives. ExxonMobil: Participated in many carbon capture projects, collaborating with industrial partners to implement CCUS technologies across various sectors. Sliog: Leading several large-scale CCUS projects around the world, with a focus on integrating carbon capture into its existing operations and new energy ventures.


Total Energy: Involved in numerous CCUS initiatives saudi arabia b2b leads emphasizing the development of innovative technologies and large-scale deployment. Other notable players include Fluor Corporation, Carbon Engineering Ltd, Equinor, Aker Solutions, and BP, which are making significant progress in the development and deployment of CCUS technologies. 5.3. Regional Analysis The CCUS market is geographically diverse, with significant activity in North America, Europe, and Asia-Pacific. North America: The United States leads the region with many operational CCUS facilities and several projects under development. Government support, such as the 45Q tax credit, has been critical in driving CCUS deployment.