Market and Markets has released a new report, "Carbon Capture & Sequestration Market- Global Market Trends & Forecast to 2019," finding that the market is estimated to grow from over $1.78 billion in 2013 to nearly $6.81 billion by 2019, at a compound annual growth rate (CAGR) of more than 27.18 percent.
According to the report, environmental regulations worldwide play a key role in the growth of carbon capture sequestration (CCS) services.
The report analyzes the CCS market by three categories: services, geography, and technology. Services include carbon capture, carbon transport, and carbon storage segments; geography includes Americas, Europe, Asia-Pacific, and Middle East-Africa; and technology includes pre-combustion, post-combustion, oxy-fuel combustion and industrial separation activities.
To read the full report, click here.
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