What Is Carbon Capture And Sequestration Technology?

Carbon capture and sequestration (CCS) basically is a technology that has the potential of capturing approximately 90% of the carbon dioxide emissions produced by the use of fossil fuels in industrial processes and electricity generation that helps in preventing the carbon dioxide from entering the atmosphere. The CCS chain consists of mainly three parts known as the capturing of the carbon dioxide, transportation of the carbon dioxide and storage of carbon dioxide emissions in deep saline aquifer formations or underground in depleted oil and gas fields.


The carbon capture and sequestration market are estimated to grow in the forecast period owing to increasing environmental concerns coupled with the increasing demand for CO2-EOR techniques. However, the high cost of carbon capture & sequestration might restrict the growth of the carbon capture and sequestration market. On the other hand, the second-generation capturing techniques enabling economic operations is likely to showcase growth prospects for the carbon capture and sequestration market during the forecast period.

Applications: EOR Process, Industrial, Agricultural.

Top 10 Players

  •  Aker Solutions
  •  Exxonmobil Corporation
  •  Fluor Corporation
  •  General Electric
  •  Halliburton
  •  Hitachi, Ltd.
  •  Honeywell International Inc.
  •  Linde AG
  •  Mitsubishi Heavy Industries, Ltd.
 Schlumberger Limited

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