Carbon Capture And Sequestration Market Analyzing The Impact Followed By Restraints, Opportunities And Projected Developments

The global carbon capture and sequestration market was valued at USD 3 billion in 2019 and is estimated to reach USD 6 billion by 2026, expanding at a CAGR of 14% during the forecast period, 2020 – 2026. The growth of the market is attributed to increasing demand for extracting oil and gas, decrease in air pollution by controlling the carbon emission, and increasing investment.

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Increasing government interference toward carbon footprint reduction by industries is one of the key factors driving the growth of the market. For instance, the governments of developed countries are implementing innovative programs to divert attention toward carbon emission control. The carbon trading system is one such initiative and its demand is rapid increasing globally.

Segments Covered in the Report

The global corrosion protective coatings market has been segmented on the basis of types, applications, and regions

By Types

By Types:
Capture
Transport
Sequestration

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By Applications

· Enhanced Oil Recovery

· Industrial

· Agricultural

By Regions

· North America

· Europe

· Asia Pacific

· Latin America

· Middle East & Africa

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