Global Carbon Capture and Storage Market Research Report 2021: Lucrative Growth Owing to Stringent Regulatory Standards Regarding Environment Conservation
The Global Carbon Capture and Storage Market was valued at USD 1551.75 Million in the year 2020.
- The Global Carbon Capture and Storage Market was valued at USD 1551.75 Million in the year 2020.
- And in order to maintain temperatures, carbon capture and storage (CCS) and carbon capture, utilisation, and storage (CCUS) are considered the most important emissions reduction factor after electrification and renewables to achieve net carbon neutrality.
- The global Carbon Capture and Storage market is witnessing lucrative growth owing to stringent regulatory standards regarding environment conservation, supportive government policies on energy conservation, as well as growing consumer awareness about product quality.
- America region holds the major Carbon Capture and Storage market share and is also projected to be a rapidly growing region during the forecast period.