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Industrial Carbon Capture Utilization System (CCU)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Chemical & Material

Published: 2024-12-24

Pages: 137 Pages

Report ld: 3194172

Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
PDF Download

Description

The global market for Industrial Carbon Capture Utilization System (CCU) was estimated to be worth US$ 4669 million in 2023 and is forecast to a readjusted size of US$ 10940 million by 2030 with a CAGR of 13.6% during the forecast period 2024-2030.

Carbon Capture and Utilisation (CCU) is a diverse set of technologies that allow for the capture and use of carbon as a feedstock for making essential products such as fuels, chemicals and building materials that today are predominantly derived from fossil resources. Such technologies are at different stages of development, and some are already commercially available. Carbon Capture and Storage (CCS) is a technology designed to reduce carbon dioxide (CO2) emissions by capturing CO2 from industrial processes and power plants and piping it to a storage site to be permanently sequestered, thereby preventing it from entering the atmosphere. Whether it is CCS or CCU, the captured CO2 needs to be compressed for transportation and subsequent processing, so CCS, CCU together form CCUS, an integrated technology that reduces greenhouse gas emissions and mitigates the impacts of climate change by capturing carbon dioxide (CO2) generated from industrial and energy production processes and utilizing it or sequestering it. The CCUS technology is not only capable of capture and store CO2, but also be able to convert it into valuable products, thus realizing both environmental and economic benefits.

Industrial Carbon Capture Utilization System (CCU) Market Size

M= millions and B=billions

The major global companies of Industrial Carbon Capture Utilization System (CCU) include Exxon Mobil, Aker Solutions (SLB), Linde PLC, Mitsubishi Heavy Industries, Ltd., Halliburton, Huaneng, BASF, General Electric, Siemens AG, Honeywell UOP, Sulzer, Equinor, Shell, JX Nippon (ENEOS), Carbonfree, Sinopec, Fluor Corporation. The Industrial Carbon Capture Utilization (CCU) market has undergone significant evolution in recent years, driven by the increasing global demand for sustainable and innovative solutions to mitigate climate change. The CCU sector focused primarily on carbon capture technologies, with limited focus on utilizing captured CO2 in productive ways. However, over the past decade, advances in CCU technologies have allowed for not only the capture but also the conversion of CO2 into valuable products, ranging from synthetic fuels to chemicals and building materials. Early market adoption was fueled by government policies, environmental regulations, and the need for heavy industries to comply with emissions reduction targets. Currently, the CCU market is experiencing rapid growth, with key industries such as Oil and gas, power generation，cement, steel, and energy embracing carbon capture and utilization as essential elements of their sustainability strategies. Innovations in direct air capture (DAC) and bio-based conversion technologies are expanding the potential for CO2 utilization. Furthermore, collaboration between private companies, governments, and research institutions has accelerated the development of commercial-scale CCU facilities, driving cost reductions and efficiency improvements. Looking forward, the future of the CCU market is poised for substantial transformation. One of the most prominent trends is the continued development of economically viable utilization technologies that convert captured CO2 into high-demand products, including chemicals, fuels, and consumer goods. The integration of renewable energy with carbon capture systems, such as using excess wind or solar power to power carbon capture processes, will also play a crucial role in enhancing the sustainability and cost-effectiveness of CCU technologies. As the global carbon market expands and more governments adopt stringent climate targets, the demand for CCU solutions is expected to rise sharply, with carbon credits and incentives further boosting market dynamics.

The Industrial Carbon Capture Utilization System (CCU) market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Carbon Capture Utilization System (CCU).

Market Segmentation

Report Metric
Details
Report Title
Industrial Carbon Capture Utilization System (CCU)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 10940 million
CAGR(2024-2030)
13.6%
Market Size Available for Years
2019-2030
Global Industrial Carbon Capture Utilization System (CCU) Companies Covered
Exxon Mobil, Aker Solutions (SLB), Linde PLC, Halliburton, Huaneng, BASF, Mitsubishi Heavy Industries, Ltd., General Electric, Siemens AG, Honeywell UOP, Carbonfree, Sulzer, Equinor, Shell, Sinopec, Fluor Corporation, JX Nippon (ENEOS)
Global Industrial Carbon Capture Utilization System (CCU) Market, by Region
North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Carbon Capture Utilization System (CCU) Market, Segment by Type
Pre-Combustion Carbon Capture

Oxy-Combustion Carbon Capture

Post-Combustion Carbon Capture
Global Industrial Carbon Capture Utilization System (CCU) Market, Segment by Application
Oil & Gas

Power Generation

Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Industrial Carbon Capture Utilization System (CCU) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Industrial Carbon Capture Utilization System (CCU) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Industrial Carbon Capture Utilization System (CCU) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
    1.1 Industrial Carbon Capture Utilization System (CCU) Product Introduction
    1.2 Global Industrial Carbon Capture Utilization System (CCU) Market Size Forecast (2019-2030)
    1.3 Industrial Carbon Capture Utilization System (CCU) Market Trends & Drivers
        1.3.1 Industrial Carbon Capture Utilization System (CCU) Industry Trends
        1.3.2 Industrial Carbon Capture Utilization System (CCU) Market Drivers & Opportunity
        1.3.3 Industrial Carbon Capture Utilization System (CCU) Market Challenges
        1.3.4 Industrial Carbon Capture Utilization System (CCU) Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Industrial Carbon Capture Utilization System (CCU) Players Revenue Ranking (2023)
    2.2 Global Industrial Carbon Capture Utilization System (CCU) Revenue by Company (2019-2024)
    2.3 Key Companies Industrial Carbon Capture Utilization System (CCU) Manufacturing Base Distribution and Headquarters
    2.4 Key Companies Industrial Carbon Capture Utilization System (CCU) Product Offered
    2.5 Key Companies Time to Begin Mass Production of Industrial Carbon Capture Utilization System (CCU)
    2.6 Industrial Carbon Capture Utilization System (CCU) Market Competitive Analysis
        2.6.1 Industrial Carbon Capture Utilization System (CCU) Market Concentration Rate (2019-2024)
        2.6.2 Global 5 and 10 Largest Companies by Industrial Carbon Capture Utilization System (CCU) Revenue in 2023
        2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Industrial Carbon Capture Utilization System (CCU) as of 2023)
    2.7 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 Pre-Combustion Carbon Capture
        3.1.2 Oxy-Combustion Carbon Capture
        3.1.3 Post-Combustion Carbon Capture
    3.2 Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Type
        3.2.1 Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Industrial Carbon Capture Utilization System (CCU) Sales Value, by Type (2019-2030)
        3.2.3 Global Industrial Carbon Capture Utilization System (CCU) Sales Value, by Type (%) (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Oil & Gas
        4.1.2 Power Generation
        4.1.3 Others
    4.2 Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Application
        4.2.1 Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Industrial Carbon Capture Utilization System (CCU) Sales Value, by Application (2019-2030)
        4.2.3 Global Industrial Carbon Capture Utilization System (CCU) Sales Value, by Application (%) (2019-2030)

 5 Segmentation by Region
    5.1 Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region
        5.1.1 Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region (2019-2024)
        5.1.3 Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region (2025-2030)
        5.1.4 Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region (%), (2019-2030)
    5.2 North America
        5.2.1 North America Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        5.2.2 North America Industrial Carbon Capture Utilization System (CCU) Sales Value by Country (%), 2023 VS 2030
    5.3 Europe
        5.3.1 Europe Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        5.3.2 Europe Industrial Carbon Capture Utilization System (CCU) Sales Value by Country (%), 2023 VS 2030
    5.4 Asia Pacific
        5.4.1 Asia Pacific Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        5.4.2 Asia Pacific Industrial Carbon Capture Utilization System (CCU) Sales Value by Region (%), 2023 VS 2030
    5.5 South America
        5.5.1 South America Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        5.5.2 South America Industrial Carbon Capture Utilization System (CCU) Sales Value by Country (%), 2023 VS 2030
    5.6 Middle East & Africa
        5.6.1 Middle East & Africa Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        5.6.2 Middle East & Africa Industrial Carbon Capture Utilization System (CCU) Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Industrial Carbon Capture Utilization System (CCU) Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
    6.3 United States
        6.3.1 United States Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        6.3.2 United States Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Industrial Carbon Capture Utilization System (CCU) Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        6.4.2 Europe Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Industrial Carbon Capture Utilization System (CCU) Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        6.5.2 China Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Industrial Carbon Capture Utilization System (CCU) Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        6.6.2 Japan Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Industrial Carbon Capture Utilization System (CCU) Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        6.7.2 South Korea Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Industrial Carbon Capture Utilization System (CCU) Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        6.8.2 Southeast Asia Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Industrial Carbon Capture Utilization System (CCU) Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019-2030
        6.9.2 India Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Industrial Carbon Capture Utilization System (CCU) Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 Exxon Mobil
        7.1.1 Exxon Mobil Profile
        7.1.2 Exxon Mobil Main Business
        7.1.3 Exxon Mobil Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.1.4 Exxon Mobil Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.1.5 Exxon Mobil Recent Developments
    7.2 Aker Solutions (SLB)
        7.2.1 Aker Solutions (SLB) Profile
        7.2.2 Aker Solutions (SLB) Main Business
        7.2.3 Aker Solutions (SLB) Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.2.4 Aker Solutions (SLB) Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.2.5 Aker Solutions (SLB) Recent Developments
    7.3 Linde PLC
        7.3.1 Linde PLC Profile
        7.3.2 Linde PLC Main Business
        7.3.3 Linde PLC Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.3.4 Linde PLC Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.3.5 Linde PLC Recent Developments
    7.4 Halliburton
        7.4.1 Halliburton Profile
        7.4.2 Halliburton Main Business
        7.4.3 Halliburton Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.4.4 Halliburton Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.4.5 Halliburton Recent Developments
    7.5 Huaneng
        7.5.1 Huaneng Profile
        7.5.2 Huaneng Main Business
        7.5.3 Huaneng Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.5.4 Huaneng Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.5.5 Huaneng Recent Developments
    7.6 BASF
        7.6.1 BASF Profile
        7.6.2 BASF Main Business
        7.6.3 BASF Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.6.4 BASF Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.6.5 BASF Recent Developments
    7.7 Mitsubishi Heavy Industries, Ltd.
        7.7.1 Mitsubishi Heavy Industries, Ltd. Profile
        7.7.2 Mitsubishi Heavy Industries, Ltd. Main Business
        7.7.3 Mitsubishi Heavy Industries, Ltd. Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.7.4 Mitsubishi Heavy Industries, Ltd. Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.7.5 Mitsubishi Heavy Industries, Ltd. Recent Developments
    7.8 General Electric
        7.8.1 General Electric Profile
        7.8.2 General Electric Main Business
        7.8.3 General Electric Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.8.4 General Electric Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.8.5 General Electric Recent Developments
    7.9 Siemens AG
        7.9.1 Siemens AG Profile
        7.9.2 Siemens AG Main Business
        7.9.3 Siemens AG Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.9.4 Siemens AG Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.9.5 Siemens AG Recent Developments
    7.10 Honeywell UOP
        7.10.1 Honeywell UOP Profile
        7.10.2 Honeywell UOP Main Business
        7.10.3 Honeywell UOP Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.10.4 Honeywell UOP Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.10.5 Honeywell UOP Recent Developments
    7.11 Carbonfree
        7.11.1 Carbonfree Profile
        7.11.2 Carbonfree Main Business
        7.11.3 Carbonfree Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.11.4 Carbonfree Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.11.5 Carbonfree Recent Developments
    7.12 Sulzer
        7.12.1 Sulzer Profile
        7.12.2 Sulzer Main Business
        7.12.3 Sulzer Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.12.4 Sulzer Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.12.5 Sulzer Recent Developments
    7.13 Equinor
        7.13.1 Equinor Profile
        7.13.2 Equinor Main Business
        7.13.3 Equinor Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.13.4 Equinor Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.13.5 Equinor Recent Developments
    7.14 Shell
        7.14.1 Shell Profile
        7.14.2 Shell Main Business
        7.14.3 Shell Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.14.4 Shell Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.14.5 Shell Recent Developments
    7.15 Sinopec
        7.15.1 Sinopec Profile
        7.15.2 Sinopec Main Business
        7.15.3 Sinopec Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.15.4 Sinopec Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.15.5 Sinopec Recent Developments
    7.16 Fluor Corporation
        7.16.1 Fluor Corporation Profile
        7.16.2 Fluor Corporation Main Business
        7.16.3 Fluor Corporation Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.16.4 Fluor Corporation Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.16.5 Fluor Corporation Recent Developments
    7.17 JX Nippon (ENEOS)
        7.17.1 JX Nippon (ENEOS) Profile
        7.17.2 JX Nippon (ENEOS) Main Business
        7.17.3 JX Nippon (ENEOS) Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
        7.17.4 JX Nippon (ENEOS) Industrial Carbon Capture Utilization System (CCU) Revenue (US$ Million) & (2019-2024)
        7.17.5 JX Nippon (ENEOS) Recent Developments

 8 Industry Chain Analysis
    8.1 Industrial Carbon Capture Utilization System (CCU) Industrial Chain
    8.2 Industrial Carbon Capture Utilization System (CCU) Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Industrial Carbon Capture Utilization System (CCU) Sales Model
        8.5.2 Sales Channel
        8.5.3 Industrial Carbon Capture Utilization System (CCU) Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
            10.1.1.1 Research Programs/Design
            10.1.1.2 Market Size Estimation
            10.1.1.3 Market Breakdown and Data Triangulation
        10.1.2 Data Source
            10.1.2.1 Secondary Sources
            10.1.2.2 Primary Sources
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

List of Tables
 Table 1. Industrial Carbon Capture Utilization System (CCU) Market Trends
 Table 2. Industrial Carbon Capture Utilization System (CCU) Market Drivers & Opportunity
 Table 3. Industrial Carbon Capture Utilization System (CCU) Market Challenges
 Table 4. Industrial Carbon Capture Utilization System (CCU) Market Restraints
 Table 5. Global Industrial Carbon Capture Utilization System (CCU) Revenue by Company (2019-2024) & (US$ Million)
 Table 6. Global Industrial Carbon Capture Utilization System (CCU) Revenue Market Share by Company (2019-2024)
 Table 7. Key Companies Industrial Carbon Capture Utilization System (CCU) Manufacturing Base Distribution and Headquarters
 Table 8. Key Companies Industrial Carbon Capture Utilization System (CCU) Product Type
 Table 9. Key Companies Time to Begin Mass Production of Industrial Carbon Capture Utilization System (CCU)
 Table 10. Global Industrial Carbon Capture Utilization System (CCU) Companies Market Concentration Ratio (CR5 and HHI)
 Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Industrial Carbon Capture Utilization System (CCU) as of 2023)
 Table 12. Mergers & Acquisitions, Expansion Plans
 Table 13. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
 Table 14. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (2019-2024) & (US$ Million)
 Table 15. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (2025-2030) & (US$ Million)
 Table 16. Global Industrial Carbon Capture Utilization System (CCU) Sales Market Share in Value by Type (2019-2024)
 Table 17. Global Industrial Carbon Capture Utilization System (CCU) Sales Market Share in Value by Type (2025-2030)
 Table 18. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
 Table 19. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (2019-2024) & (US$ Million)
 Table 20. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (2025-2030) & (US$ Million)
 Table 21. Global Industrial Carbon Capture Utilization System (CCU) Sales Market Share in Value by Application (2019-2024)
 Table 22. Global Industrial Carbon Capture Utilization System (CCU) Sales Market Share in Value by Application (2025-2030)
 Table 23. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region, (2019 VS 2023 VS 2030) & (US$ Million)
 Table 24. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region (2019-2024) & (US$ Million)
 Table 25. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region (2025-2030) & (US$ Million)
 Table 26. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region (2019-2024) & (%)
 Table 27. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Region (2025-2030) & (%)
 Table 28. Key Countries/Regions Industrial Carbon Capture Utilization System (CCU) Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
 Table 29. Key Countries/Regions Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2024) & (US$ Million)
 Table 30. Key Countries/Regions Industrial Carbon Capture Utilization System (CCU) Sales Value, (2025-2030) & (US$ Million)
 Table 31. Exxon Mobil Basic Information List
 Table 32. Exxon Mobil Description and Business Overview
 Table 33. Exxon Mobil Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 34. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Exxon Mobil (2019-2024)
 Table 35. Exxon Mobil Recent Developments
 Table 36. Aker Solutions (SLB) Basic Information List
 Table 37. Aker Solutions (SLB) Description and Business Overview
 Table 38. Aker Solutions (SLB) Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 39. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Aker Solutions (SLB) (2019-2024)
 Table 40. Aker Solutions (SLB) Recent Developments
 Table 41. Linde PLC Basic Information List
 Table 42. Linde PLC Description and Business Overview
 Table 43. Linde PLC Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 44. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Linde PLC (2019-2024)
 Table 45. Linde PLC Recent Developments
 Table 46. Halliburton Basic Information List
 Table 47. Halliburton Description and Business Overview
 Table 48. Halliburton Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 49. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Halliburton (2019-2024)
 Table 50. Halliburton Recent Developments
 Table 51. Huaneng Basic Information List
 Table 52. Huaneng Description and Business Overview
 Table 53. Huaneng Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 54. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Huaneng (2019-2024)
 Table 55. Huaneng Recent Developments
 Table 56. BASF Basic Information List
 Table 57. BASF Description and Business Overview
 Table 58. BASF Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 59. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of BASF (2019-2024)
 Table 60. BASF Recent Developments
 Table 61. Mitsubishi Heavy Industries, Ltd. Basic Information List
 Table 62. Mitsubishi Heavy Industries, Ltd. Description and Business Overview
 Table 63. Mitsubishi Heavy Industries, Ltd. Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 64. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Mitsubishi Heavy Industries, Ltd. (2019-2024)
 Table 65. Mitsubishi Heavy Industries, Ltd. Recent Developments
 Table 66. General Electric Basic Information List
 Table 67. General Electric Description and Business Overview
 Table 68. General Electric Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 69. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of General Electric (2019-2024)
 Table 70. General Electric Recent Developments
 Table 71. Siemens AG Basic Information List
 Table 72. Siemens AG Description and Business Overview
 Table 73. Siemens AG Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 74. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Siemens AG (2019-2024)
 Table 75. Siemens AG Recent Developments
 Table 76. Honeywell UOP Basic Information List
 Table 77. Honeywell UOP Description and Business Overview
 Table 78. Honeywell UOP Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 79. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Honeywell UOP (2019-2024)
 Table 80. Honeywell UOP Recent Developments
 Table 81. Carbonfree Basic Information List
 Table 82. Carbonfree Description and Business Overview
 Table 83. Carbonfree Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 84. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Carbonfree (2019-2024)
 Table 85. Carbonfree Recent Developments
 Table 86. Sulzer Basic Information List
 Table 87. Sulzer Description and Business Overview
 Table 88. Sulzer Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 89. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Sulzer (2019-2024)
 Table 90. Sulzer Recent Developments
 Table 91. Equinor Basic Information List
 Table 92. Equinor Description and Business Overview
 Table 93. Equinor Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 94. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Equinor (2019-2024)
 Table 95. Equinor Recent Developments
 Table 96. Shell Basic Information List
 Table 97. Shell Description and Business Overview
 Table 98. Shell Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 99. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Shell (2019-2024)
 Table 100. Shell Recent Developments
 Table 101. Sinopec Basic Information List
 Table 102. Sinopec Description and Business Overview
 Table 103. Sinopec Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 104. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Sinopec (2019-2024)
 Table 105. Sinopec Recent Developments
 Table 106. Fluor Corporation Basic Information List
 Table 107. Fluor Corporation Description and Business Overview
 Table 108. Fluor Corporation Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 109. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of Fluor Corporation (2019-2024)
 Table 110. Fluor Corporation Recent Developments
 Table 111. JX Nippon (ENEOS) Basic Information List
 Table 112. JX Nippon (ENEOS) Description and Business Overview
 Table 113. JX Nippon (ENEOS) Industrial Carbon Capture Utilization System (CCU) Products, Services and Solutions
 Table 114. Revenue (US$ Million) in Industrial Carbon Capture Utilization System (CCU) Business of JX Nippon (ENEOS) (2019-2024)
 Table 115. JX Nippon (ENEOS) Recent Developments
 Table 116. Key Raw Materials Lists
 Table 117. Raw Materials Key Suppliers Lists
 Table 118. Industrial Carbon Capture Utilization System (CCU) Downstream Customers
 Table 119. Industrial Carbon Capture Utilization System (CCU) Distributors List
 Table 120. Research Programs/Design for This Report
 Table 121. Key Data Information from Secondary Sources
 Table 122. Key Data Information from Primary Sources
 Table 123. Business Unit and Senior & Team Lead Analysts


List of Figures
 Figure 1. Industrial Carbon Capture Utilization System (CCU) Product Picture
 Figure 2. Global Industrial Carbon Capture Utilization System (CCU) Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
 Figure 3. Global Industrial Carbon Capture Utilization System (CCU) Sales Value (2019-2030) & (US$ Million)
 Figure 4. Industrial Carbon Capture Utilization System (CCU) Report Years Considered
 Figure 5. Global Industrial Carbon Capture Utilization System (CCU) Players Revenue Ranking (2023) & (US$ Million)
 Figure 6. The 5 and 10 Largest Companies in the World: Market Share by Industrial Carbon Capture Utilization System (CCU) Revenue in 2023
 Figure 7. Industrial Carbon Capture Utilization System (CCU) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
 Figure 8. Pre-Combustion Carbon Capture Picture
 Figure 9. Oxy-Combustion Carbon Capture Picture
 Figure 10. Post-Combustion Carbon Capture Picture
 Figure 11. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
 Figure 12. Global Industrial Carbon Capture Utilization System (CCU) Sales Value Market Share by Type, 2023 & 2030
 Figure 13. Product Picture of Oil & Gas
 Figure 14. Product Picture of Power Generation
 Figure 15. Product Picture of Others
 Figure 16. Global Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
 Figure 17. Global Industrial Carbon Capture Utilization System (CCU) Sales Value Market Share by Application, 2023 & 2030
 Figure 18. North America Industrial Carbon Capture Utilization System (CCU) Sales Value (2019-2030) & (US$ Million)
 Figure 19. North America Industrial Carbon Capture Utilization System (CCU) Sales Value by Country (%), 2023 VS 2030
 Figure 20. Europe Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 21. Europe Industrial Carbon Capture Utilization System (CCU) Sales Value by Country (%), 2023 VS 2030
 Figure 22. Asia Pacific Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 23. Asia Pacific Industrial Carbon Capture Utilization System (CCU) Sales Value by Region (%), 2023 VS 2030
 Figure 24. South America Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 25. South America Industrial Carbon Capture Utilization System (CCU) Sales Value by Country (%), 2023 VS 2030
 Figure 26. Middle East & Africa Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 27. Middle East & Africa Industrial Carbon Capture Utilization System (CCU) Sales Value by Country (%), 2023 VS 2030
 Figure 28. Key Countries/Regions Industrial Carbon Capture Utilization System (CCU) Sales Value (%), (2019-2030)
 Figure 29. United States Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 30. United States Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
 Figure 31. United States Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (%), 2023 VS 2030
 Figure 32. Europe Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 33. Europe Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
 Figure 34. Europe Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (%), 2023 VS 2030
 Figure 35. China Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 36. China Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
 Figure 37. China Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (%), 2023 VS 2030
 Figure 38. Japan Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 39. Japan Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
 Figure 40. Japan Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (%), 2023 VS 2030
 Figure 41. South Korea Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 42. South Korea Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
 Figure 43. South Korea Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (%), 2023 VS 2030
 Figure 44. Southeast Asia Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 45. Southeast Asia Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
 Figure 46. Southeast Asia Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (%), 2023 VS 2030
 Figure 47. India Industrial Carbon Capture Utilization System (CCU) Sales Value, (2019-2030) & (US$ Million)
 Figure 48. India Industrial Carbon Capture Utilization System (CCU) Sales Value by Type (%), 2023 VS 2030
 Figure 49. India Industrial Carbon Capture Utilization System (CCU) Sales Value by Application (%), 2023 VS 2030
 Figure 50. Industrial Carbon Capture Utilization System (CCU) Industrial Chain
 Figure 51. Industrial Carbon Capture Utilization System (CCU) Manufacturing Cost Structure
 Figure 52. Channels of Distribution (Direct Sales, and Distribution)
 Figure 53. Bottom-up and Top-down Approaches for This Report
 Figure 54. Data Triangulation
 Figure 55. Key Executives Interviewed

Description

The global market for Industrial Carbon Capture Utilization System (CCU) was estimated to be worth US$ 4669 million in 2023 and is forecast to a readjusted size of US$ 10940 million by 2030 with a CAGR of 13.6% during the forecast period 2024-2030.

Carbon Capture and Utilisation (CCU) is a diverse set of technologies that allow for the capture and use of carbon as a feedstock for making essential products such as fuels, chemicals and building materials that today are predominantly derived from fossil resources. Such technologies are at different stages of development, and some are already commercially available. Carbon Capture and Storage (CCS) is a technology designed to reduce carbon dioxide (CO2) emissions by capturing CO2 from industrial processes and power plants and piping it to a storage site to be permanently sequestered, thereby preventing it from entering the atmosphere. Whether it is CCS or CCU, the captured CO2 needs to be compressed for transportation and subsequent processing, so CCS, CCU together form CCUS, an integrated technology that reduces greenhouse gas emissions and mitigates the impacts of climate change by capturing carbon dioxide (CO2) generated from industrial and energy production processes and utilizing it or sequestering it. The CCUS technology is not only capable of capture and store CO2, but also be able to convert it into valuable products, thus realizing both environmental and economic benefits.

The major global companies of Industrial Carbon Capture Utilization System (CCU) include Exxon Mobil, Aker Solutions (SLB), Linde PLC, Mitsubishi Heavy Industries, Ltd., Halliburton, Huaneng, BASF, General Electric, Siemens AG, Honeywell UOP, Sulzer, Equinor, Shell, JX Nippon (ENEOS), Carbonfree, Sinopec, Fluor Corporation. The Industrial Carbon Capture Utilization (CCU) market has undergone significant evolution in recent years, driven by the increasing global demand for sustainable and innovative solutions to mitigate climate change. The CCU sector focused primarily on carbon capture technologies, with limited focus on utilizing captured CO2 in productive ways. However, over the past decade, advances in CCU technologies have allowed for not only the capture but also the conversion of CO2 into valuable products, ranging from synthetic fuels to chemicals and building materials. Early market adoption was fueled by government policies, environmental regulations, and the need for heavy industries to comply with emissions reduction targets. Currently, the CCU market is experiencing rapid growth, with key industries such as Oil and gas, power generation，cement, steel, and energy embracing carbon capture and utilization as essential elements of their sustainability strategies. Innovations in direct air capture (DAC) and bio-based conversion technologies are expanding the potential for CO2 utilization. Furthermore, collaboration between private companies, governments, and research institutions has accelerated the development of commercial-scale CCU facilities, driving cost reductions and efficiency improvements. Looking forward, the future of the CCU market is poised for substantial transformation. One of the most prominent trends is the continued development of economically viable utilization technologies that convert captured CO2 into high-demand products, including chemicals, fuels, and consumer goods. The integration of renewable energy with carbon capture systems, such as using excess wind or solar power to power carbon capture processes, will also play a crucial role in enhancing the sustainability and cost-effectiveness of CCU technologies. As the global carbon market expands and more governments adopt stringent climate targets, the demand for CCU solutions is expected to rise sharply, with carbon credits and incentives further boosting market dynamics.

The Industrial Carbon Capture Utilization System (CCU) market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Carbon Capture Utilization System (CCU).

Market Segmentation