The purpose for Carbon Capture and Sequestration (CCS) is to enable the continued use of fossil fuels in a carbon-emissions-inhibited world. Industries worldwide are now investing in carbon emission reduction technologies, so as to regulate limits, taxation, and price settings of carbon dioxide emissions as a result of the Greenhouse Gas (GHG) pollutant spur. Improvements are being made currently for energy efficiency, and also for those industries that have largely produced carbon emission reduction facilities in the past decade. CCS technologies are now being adopted by oil & gas and coal-fired power plants in the fuel transformation and gas processing sectors, and in emission-intensive sectors, like cement, iron and steel, and chemicals manufacturing.

The American market had the largest share of around 84% in the global carbon capture and sequestration market in 2013. America is the largest market in terms of value, and is expected to grow from an estimated $1,001.2 million in 2013 to $2,643.0 million by 2019, at a CAGR of 17.4%. America had the highest share in the carbon capture and sequestration market in 2013. Growing climatic concerns speed up the market in developed countries. Strict government policy is driving the growth of carbon capture and sequestration market in this region. The U.S. is the major country that dominates the America carbon capture and sequestration market. It accounted for around 85% market share in 2013.

Browse through the market data tables, figures and detailed ToC on the “Americas Carbon capture & Sequestration Market”.

http://www.micromarketmonitor.com/market/americas-carbon-capture-sequestration-5472901772.html

Related Reports

European Carbon capture & Sequestration Market The Europe had a share of around 6% in the global carbon capture and sequestration market in 2013. This market is expected to grow from an estimated $69.5 million in 2013 to $862.4 million by 2019, at the highest CAGR of 66%. Strict government policies and mitigating climate change, in addition to developmental activities are driving the growth of carbon capture and sequestration market in this region. Norway is a key market of carbon capture and sequestration in the European region.

http://www.micromarketmonitor.com/market/europe-carbon-capture-sequestration-1790927418.html

MEA Carbon capture & Sequestration Market The Middle East and Africa had a share of 11% in the global carbon capture and sequestration market in 2013. Middle East and Africa had second-largest market share in the carbon capture and sequestration in 2013. Middle East and Africa is expected to grow from an estimated $122.6 million in 2013 to $273.7 million by 2019, at a CAGR of 17.4%. Algeria is a key market of carbon capture and sequestration in the Middle East and African region.

http://www.micromarketmonitor.com/market/middle-east-and-africa-carbon-capture-sequestration-3482389044.html

About MicroMarket Monitor

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact: Mr. Chandrasekhar K. 5601 Bridge Street Suite 300 Fort Worth TX 76112 Tel: +1-888-502-0539 Email: sales(at)micromarketmonitor(dot)com