Carbon Capture And Storage (CCS) Market Industry Analysis, Size, Growth, Trends and Forecast To 2025 : Grand View Research Inc.
San Francisco, 10 December 2019: The Report Carbon Capture And Storage (CCS) Market Analysis By Application (EOR, Industrial & Agriculture), By Capture Technology(Pre-Combustion, Industrial, Oxy-Firing & Post-Combustion), Competitive Strategies, And Segment Forecasts, 2018 - 2025 The global carbon capture and storage (CCS) market value is anticipated to exceed USD 8.75 billion by 2025, according to a new report by Grand View Research, Inc. The rising global energy demand along with the growing awareness towards reducing carbon dioxide emissions in most of the industrial economies is anticipated to drive the CCS market. Currently, meaningful industrial CO 2 capture is required particularly in the power sector.The increasing adoption of gas injection techniques for enhanced oil recovery (EOR) across several matured petroleum reserves globally is expected to be one of the key factors driving CCS demand. Enhanced oil recovery (EOR) is expected to account for t