Carbon Capture and Storage Market worth USD 13.41 Billion by 2027, registering a CAGR of 12.5% - Report by Market Research Future (MRFR)
July 13, 2021 11:20 ET | Source: Market Research Future Market Research Future
New York, July 13, 2021 (GLOBE NEWSWIRE)
Carbon Capture and Storage Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “
Research Report, Technology, Applications, End Use and Region - Forecast till 2027” the market is projected to be worth USD 13.41 Billion by 2027, registering a CAGR of 12.5% during the forecast period (2021 - 2027), The market was valued at USD 5.6 billion in 2020.
Growing focus on reducing CO2 emissions
Concerns about climate change are driving an increase in the use of CCUS to reduce emissions. CCUS captures CO2 using a variety of methods and uses or stores it to avoid releasing it into the atmosphere. The use of fossil fuels and natural gas to generate el
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