Carbon Capture and Storage Market to Hit $6 Billion by 2026, Says Global Market Insights, Inc.
Retrieved on:
Tuesday, March 31, 2020
SELBYVILLE, Del., March 31, 2020 /PRNewswire/ --Globalcarbon capture and storage market revenue is set to cross USD 6 billion by 2026, as reported in the latest study by Global Market Insights, Inc.
Key Points:
- SELBYVILLE, Del., March 31, 2020 /PRNewswire/ --Globalcarbon capture and storage market revenue is set to cross USD 6 billion by 2026, as reported in the latest study by Global Market Insights, Inc.
- Stringent government regulations toward curtailing greenhouse gas emissions, along with rising demand for CCS technologies to minimize the carbon footprint, will propel the global carbon capture and storage industry size.
- Some major findings of the carbon capture and storage market report include:
The demand for CCS projects is flourishing across the industrial sector due to their longer operating life and emission control nature. - Europe's carbon capture and storage market value is anticipated to witness growth of over 10% by 2026.