APO RESEARCH · REPORT
Carbon Capture and Storage
Carbon capture and storage (CCS) (or carbon capture and sequestration or carbon control and sequestration) is the process of capturing waste carbon dioxide (CO2) from large point sources, such as fossil fuel power plants, transporting it to a storage site, and depositing it where it will not enter the atmosphere, normally an underground geological formation. The aim is to prevent the release of large quantities of CO2 into the atmosphere (from fossil fuel use in power generation and other industries). It is a potential means of mitigating the contribution of fossil fuel emissions to global warming and ocean acidification. Although CO2 has been injected into geological formations for several decades for various purposes, including enhanced oil recovery, the long term storage of CO2 is a relatively new concept.
Product & engineering
Understand the product.
Carbon capture and storage (CCS) (or carbon capture and sequestration or carbon control and sequestration) is the process of capturing waste carbon dioxide (CO2) from large point sources, such as fossil fuel power plants, transporting it to a storage site, and depositing it where it will not enter the atmosphere, normally an underground geological formation. The aim is to prevent the release of large quantities of CO2 into the atmosphere (from fossil fuel use in power generation and other industries). It is a potential means of mitigating the contribution of fossil fuel emissions to global warming and ocean acidification. Although CO2 has been injected into geological formations for several decades for various purposes, including enhanced oil recovery, the long term storage of CO2 is a relatively new concept.
Selected research
Industry Research
Carbon Capture and Storage Industry Research Report 2026
Market perspective
Carbon capture and storage (CCS) (or carbon capture and sequestration or carbon control and sequestration) is the process of capturing waste carbon dioxide (CO2) from large point sources, such as fossil fuel power plants, transporting it to a storage site, and depositing it where it will not enter the atmosphere, normally an underground geological formation. The aim is to prevent the release of large quantities of CO2 into the atmosphere (from fossil fuel use in power generation and other industries). It is a potential means of mitigating the contribution of fossil fuel emissions to global warming and ocean acidification. Although CO2 has been injected into geological formations for several decades for various purposes, including enhanced oil recovery, the long term storage of CO2 is a relatively new concept.
The main Carbon Capture and Storage players include Exxonmobil Corporation, Schlumberger, Linde AG, Halliburton, etc. The top four Carbon Capture and Storage players account for approximately 35% of the total global market. America is the largest consumer market for Carbon Capture and Storage accounting for about 49%, followed by Asia Pacific and Europe. In terms of Type, S Post-Combustion Carbon Capture is the largest segment with a share of 83%. And in terms of Applications, the largest segment is Oil & Gas, followed by Power Generation.
Report Scope
Read the full market overview
This report quantifies the global Carbon Capture and Storage market in terms of revenue (US$ million) and, where applicable, service volume (K Units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Carbon Capture and Storage.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Carbon Capture and Storage Market by Company
Exxonmobil Corporation
Schlumberger
Huaneng
Linde AG
Halliburton
BASF
General Electric
Siemens
Honeywell UOP
Sulzer
Equinor
NRG
AkerSolutions
Shell
Skyonic Corp.
Mitsubishi Hitachi
Fluor
Sinopec
Carbon Capture and Storage Segment by Type
Pre-Combustion Carbon Capture
Oxy-Combustion Carbon Capture
Post-Combustion Carbon Capture
Carbon Capture and Storage Segment by Application
Oil & Gas
Power Generation
Others
Carbon Capture and Storage Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Carbon Capture and Storage market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Carbon Capture and Storage and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Carbon Capture and Storage.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Carbon Capture and Storage companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Pre-Combustion Carbon Capture
- Oxy-Combustion Carbon Capture
- Post-Combustion Carbon Capture
Applications
- Oil & Gas
- Power Generation
- Others
Companies covered
- Exxonmobil Corporation
- Schlumberger
- Huaneng
- Linde AG
- Halliburton
- BASF
- General Electric
- Siemens
- Honeywell UOP
- Sulzer
- Equinor
- NRG
- AkerSolutions
- Shell
- Skyonic Corp.
- Mitsubishi Hitachi
- Fluor
- Sinopec
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Carbon Capture and Storage by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Pre-Combustion Carbon Capture
- 2.2.3 Oxy-Combustion Carbon Capture
- 2.2.4 Post-Combustion Carbon Capture
- 2.3 Carbon Capture and Storage by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Oil & Gas
- 2.3.3 Power Generation
- 2.3.4 Others
- 2.4 Assumptions and Limitations
3 Carbon Capture and Storage Breakdown Data by Type
- 3.1 Global Carbon Capture and Storage Historic Market Size by Type (2021-2026)
- 3.2 Global Carbon Capture and Storage Forecasted Market Size by Type (2027-2032)
4 Carbon Capture and Storage Breakdown Data by Application
- 4.1 Global Carbon Capture and Storage Historic Market Size by Application (2021-2026)
- 4.2 Global Carbon Capture and Storage Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Carbon Capture and Storage Market Perspective (2021-2032)
- 5.2 Global Carbon Capture and Storage Growth Trends by Region
- 5.2.1 Global Carbon Capture and Storage Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Carbon Capture and Storage Historic Market Size by Region (2021-2026)
- 5.2.3 Carbon Capture and Storage Forecasted Market Size by Region (2027-2032)
- 5.3 Carbon Capture and Storage Market Dynamics
- 5.3.1 Carbon Capture and Storage Industry Trends
- 5.3.2 Carbon Capture and Storage Market Drivers
- 5.3.3 Carbon Capture and Storage Market Challenges
- 5.3.4 Carbon Capture and Storage Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Carbon Capture and Storage Players by Revenue
- 6.1.1 Global Top Carbon Capture and Storage Players by Revenue (2021-2026)
- 6.1.2 Global Carbon Capture and Storage Revenue Market Share by Players (2021-2026)
- 6.2 Global Carbon Capture and Storage Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Carbon Capture and Storage Head Office and Area Served
- 6.4 Global Carbon Capture and Storage Players, Product Type & Application
- 6.5 Global Carbon Capture and Storage Manufacturers Established Date
- 6.6 Global Carbon Capture and Storage Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Carbon Capture and Storage Market Size (2021-2032)
- 7.2 North America Carbon Capture and Storage Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Carbon Capture and Storage Market Size by Country (2021-2026)
- 7.4 North America Carbon Capture and Storage Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Carbon Capture and Storage Market Size (2021-2032)
- 8.2 Europe Carbon Capture and Storage Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Carbon Capture and Storage Market Size by Country (2021-2026)
- 8.4 Europe Carbon Capture and Storage Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Carbon Capture and Storage Market Size (2021-2032)
- 9.2 Asia-Pacific Carbon Capture and Storage Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Carbon Capture and Storage Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Carbon Capture and Storage Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Carbon Capture and Storage Market Size (2021-2032)
- 10.2 South America Carbon Capture and Storage Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Carbon Capture and Storage Market Size by Country (2021-2026)
- 10.4 South America Carbon Capture and Storage Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Carbon Capture and Storage Market Size (2021-2032)
- 11.2 Middle East & Africa Carbon Capture and Storage Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Carbon Capture and Storage Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Carbon Capture and Storage Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Exxonmobil Corporation
- 12.1.1 Exxonmobil Corporation Company Information
- 12.1.2 Exxonmobil Corporation Business Overview
- 12.1.3 Exxonmobil Corporation Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.1.4 Exxonmobil Corporation Carbon Capture and Storage Product Portfolio
- 12.1.5 Exxonmobil Corporation Recent Developments
- 12.2 Schlumberger
- 12.2.1 Schlumberger Company Information
- 12.2.2 Schlumberger Business Overview
- 12.2.3 Schlumberger Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.2.4 Schlumberger Carbon Capture and Storage Product Portfolio
- 12.2.5 Schlumberger Recent Developments
- 12.3 Huaneng
- 12.3.1 Huaneng Company Information
- 12.3.2 Huaneng Business Overview
- 12.3.3 Huaneng Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.3.4 Huaneng Carbon Capture and Storage Product Portfolio
- 12.3.5 Huaneng Recent Developments
- 12.4 Linde AG
- 12.4.1 Linde AG Company Information
- 12.4.2 Linde AG Business Overview
- 12.4.3 Linde AG Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.4.4 Linde AG Carbon Capture and Storage Product Portfolio
- 12.4.5 Linde AG Recent Developments
- 12.5 Halliburton
- 12.5.1 Halliburton Company Information
- 12.5.2 Halliburton Business Overview
- 12.5.3 Halliburton Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.5.4 Halliburton Carbon Capture and Storage Product Portfolio
- 12.5.5 Halliburton Recent Developments
- 12.6 BASF
- 12.6.1 BASF Company Information
- 12.6.2 BASF Business Overview
- 12.6.3 BASF Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.6.4 BASF Carbon Capture and Storage Product Portfolio
- 12.6.5 BASF Recent Developments
- 12.7 General Electric
- 12.7.1 General Electric Company Information
- 12.7.2 General Electric Business Overview
- 12.7.3 General Electric Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.7.4 General Electric Carbon Capture and Storage Product Portfolio
- 12.7.5 General Electric Recent Developments
- 12.8 Siemens
- 12.8.1 Siemens Company Information
- 12.8.2 Siemens Business Overview
- 12.8.3 Siemens Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.8.4 Siemens Carbon Capture and Storage Product Portfolio
- 12.8.5 Siemens Recent Developments
- 12.9 Honeywell UOP
- 12.9.1 Honeywell UOP Company Information
- 12.9.2 Honeywell UOP Business Overview
- 12.9.3 Honeywell UOP Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.9.4 Honeywell UOP Carbon Capture and Storage Product Portfolio
- 12.9.5 Honeywell UOP Recent Developments
- 12.10 Sulzer
- 12.10.1 Sulzer Company Information
- 12.10.2 Sulzer Business Overview
- 12.10.3 Sulzer Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.10.4 Sulzer Carbon Capture and Storage Product Portfolio
- 12.10.5 Sulzer Recent Developments
- 12.11 Equinor
- 12.11.1 Equinor Company Information
- 12.11.2 Equinor Business Overview
- 12.11.3 Equinor Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.11.4 Equinor Carbon Capture and Storage Product Portfolio
- 12.11.5 Equinor Recent Developments
- 12.12 NRG
- 12.12.1 NRG Company Information
- 12.12.2 NRG Business Overview
- 12.12.3 NRG Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.12.4 NRG Carbon Capture and Storage Product Portfolio
- 12.12.5 NRG Recent Developments
- 12.13 AkerSolutions
- 12.13.1 AkerSolutions Company Information
- 12.13.2 AkerSolutions Business Overview
- 12.13.3 AkerSolutions Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.13.4 AkerSolutions Carbon Capture and Storage Product Portfolio
- 12.13.5 AkerSolutions Recent Developments
- 12.14 Shell
- 12.14.1 Shell Company Information
- 12.14.2 Shell Business Overview
- 12.14.3 Shell Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.14.4 Shell Carbon Capture and Storage Product Portfolio
- 12.14.5 Shell Recent Developments
- 12.15 Skyonic Corp.
- 12.15.1 Skyonic Corp. Company Information
- 12.15.2 Skyonic Corp. Business Overview
- 12.15.3 Skyonic Corp. Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.15.4 Skyonic Corp. Carbon Capture and Storage Product Portfolio
- 12.15.5 Skyonic Corp. Recent Developments
- 12.16 Mitsubishi Hitachi
- 12.16.1 Mitsubishi Hitachi Company Information
- 12.16.2 Mitsubishi Hitachi Business Overview
- 12.16.3 Mitsubishi Hitachi Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.16.4 Mitsubishi Hitachi Carbon Capture and Storage Product Portfolio
- 12.16.5 Mitsubishi Hitachi Recent Developments
- 12.17 Fluor
- 12.17.1 Fluor Company Information
- 12.17.2 Fluor Business Overview
- 12.17.3 Fluor Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.17.4 Fluor Carbon Capture and Storage Product Portfolio
- 12.17.5 Fluor Recent Developments
- 12.18 Sinopec
- 12.18.1 Sinopec Company Information
- 12.18.2 Sinopec Business Overview
- 12.18.3 Sinopec Revenue in Carbon Capture and Storage Business (2021-2026)
- 12.18.4 Sinopec Carbon Capture and Storage Product Portfolio
- 12.18.5 Sinopec Recent Developments
13 Report Conclusion
14 Disclaimer
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