The global CCS market could reach US$18.17 billion by 2034, up from US$3.87 billion in 2025, according to Precedence Research. This is driven by urgent decarbonization and innovation in capture technologies.
Ref: precedenceresearch.com.
Similar Posts
Strong Market Growth Forecast for CCS
The global CCS market is projected to grow from US$6.73 billion in 2025 to US$15.46…
CCfDs Emerging as Key to Industrial Decarbonisation in Europe
Carbon Contracts for Differences (CCfDs) are gaining traction across Europe as a vital policy tool…
Landmark Appraisal Well for UK CO₂ Storage
Eni has completed drilling of an appraisal well on the Hewett depleted gas field, which…
Global CCS Deployment Accelerates, Gaps Remain
The Global CCS Institute’s latest status report observes 77 commercial CCS facilities now in operation…
Integrating CDR into the EU ETS: A Critical Step Toward Net Zero
The Climate Leadership Coalition (CLC) calls for the urgent integration of permanent carbon dioxide removals…
Understanding the Price of Decarbonization
As decarbonization options multiply, McKinsey’s latest analysis shows that marginal abatement cost curves (MACCs) remain…