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Asia Pacific Carbon Capture, Utilization, and Storage Market Size study, By Technology (Pre-Combustion Capture, Oxy-Fuel Combustion Capture, Post-Combustion Capture), By Application (Oil and Gas, Power Generation, Iron and Steel, Chemical and Petrochemical, Cement, Others), By Service (Capture, Transportation, Utilization, Storage) and Country Forecasts 2022-2032

June 2024 | 200 pages | ID: A2C5DDB37D1FEN
Bizwit Research & Consulting LLP

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Asia Pacific Carbon Capture, Utilization, and Storage Market is valued approximately USD 980 million in 2023 and is anticipated to grow with a healthy growth rate of more than 11.43% over the forecast period 2024-2032. Carbon capture, utilization, and storage (CCUS) is the process of capturing carbon dioxide emissions from fuel burning or industrial activity, transmitting the CO2 through ship or pipeline, and either using it to make valuable products or permanently storing it in deep geological formations. When CO2 is gathered from bio-based processes or directly from the atmosphere, CCUS technology can remove carbon, resulting in "negative emissions." Furthermore, rising focus on carbon capture technology are gaining attention towards Asia Pacific Carbon Capture, Utilization, and Storage Market. Government organization across the Asia Pacific region is implementing policies and regulations to address climate change and reduce carbon emissions. This includes setting ambitious targets for carbon reduction and promoting the adoption of clean energy technologies.


The Asia Pacific Carbon Capture, Utilization, and Storage Market is driven by growing awareness about addressing climate change and the expansion of steel production facilities across the region. Recognizing the growing demand for low-carbon technologies, businesses in the Asia Pacific region are increasingly investing in CCUS solutions. This includes the development of innovative technologies, investment in infrastructure, and participation in carbon trading markets. In addition, growing recognition among steel producers in the Asia Pacific region of the importance of adopting sustainable practices, Carbon capture technology presents an opportunity to mitigate the environmental impact of steel production while meeting the demand for steel. However, high expense related to carbon capture, utilization, and Storage and safety concerns at storage sites is going to impede the overall demand for the market during the forecast period 2024-2032.

The key Countries considered for the Asia Pacific Carbon Capture, Utilization, and Storage market study includes China, India, Japan, South Korea, Australia, and Rest of Asia Pacific. In 2023, Cina was the largest regional market in terms of revenue owing to factors such as increasing number of manufacturing facilities across the region. China actively collaborates with international partners on CCUS research and development initiatives. This collaboration facilitates knowledge sharing, technology transfer, and access to funding, accelerating the adoption of CCUS in Chinese manufacturing facilities. Furthermore, the market in India, on the other hand, is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:
Mitsubishi Heavy Industries, Ltd
JGC Holdings Corporation
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Technology
Pre-Combustion Capture
Oxy-Fuel Combustion Capture
Post-Combustion Capture

By Application
Oil and Gas
Power Generation
Iron and Steel
Chemical and Petrochemical
Cement
Others

By Service
Capture
Transportation
Utilization
Storage

By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
CHAPTER 1. ASIA PACIFIC CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DEFINITION AND RESEARCH ASSUMPTIONS

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
  1.3.1. Inclusion & Exclusion
  1.3.2. Limitations
  1.3.3. Supply Side Analysis
    1.3.3.1. Availability
    1.3.3.2. Infrastructure
    1.3.3.3. Regulatory Environment
    1.3.3.4. Market Competition
    1.3.3.5. Economic Viability (Consumer’s Perspective)
  1.3.4. Demand Side Analysis
    1.3.4.1. Regulatory frameworks
    1.3.4.2. Technological Advancements
    1.3.4.3. Environmental Considerations
    1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Asia Pacific Carbon Capture, Utilization, and Storage Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
  2.3.1. By Technology
  2.3.2. By Application
  2.3.3. By Service
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

CHAPTER 3. ASIA PACIFIC CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DYNAMICS

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

CHAPTER 4. ASIA PACIFIC CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. ASIA PACIFIC CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE & FORECASTS BY TECHNOLOGY 2022-2032

5.1. Pre-Combustion Capture
5.2. Oxy-Fuel Combustion Capture
5.3. Post-Combustion Capture

CHAPTER 6. ASIA PACIFIC CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

6.1. Oil and Gas
6.2. Power Generation
6.3. Iron and Steel
6.4. Chemical and Petrochemical
6.5. Cement
6.6. Others

CHAPTER 7. ASIA PACIFIC CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE & FORECASTS BY SERVICE 2022-2032

7.1. Capture
7.2. Transportation
7.3. Utilization
7.4. Storage

CHAPTER 8. ASIA PACIFIC CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SIZE & FORECASTS BY COUNTRY 2022-2032

8.1. China Carbon Capture, Utilization, and Storage Market
  8.1.1. Technology breakdown size & forecasts, 2022-2032
  8.1.2. Application breakdown size & forecasts, 2022-2032
  8.1.3. Service breakdown size & forecasts, 2022-2032
8.2. India Carbon Capture, Utilization, and Storage Market
8.3. Japan Carbon Capture, Utilization, and Storage Market
8.4. Australia Carbon Capture, Utilization, and Storage Market
8.5. South Korea Carbon Capture, Utilization, and Storage Market
8.6. Rest of Asia Pacific Carbon Capture, Utilization, and Storage Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Mitsubishi Heavy Industries, Ltd
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Market Strategies
  9.3.2. JGC Holdings Corporation
  9.3.3. Company
  9.3.4. Company
  9.3.5. Company
  9.3.6. Company
  9.3.7. Company
  9.3.8. Company
  9.3.9. Company
  9.3.10. Company

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Asia Pacific Carbon Capture, Utilization, and Storage market, report scope
TABLE 2. Asia Pacific Carbon Capture, Utilization, and Storage market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Asia Pacific Carbon Capture, Utilization, and Storage market estimates & forecasts by Technology 2022-2032 (USD Million)
TABLE 4. Asia Pacific Carbon Capture, Utilization, and Storage market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Asia Pacific Carbon Capture, Utilization, and Storage market estimates & forecasts by Service 2022-2032 (USD Million)
TABLE 6. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Asia Pacific Carbon Capture, Utilization, and Storage market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Asia Pacific Carbon Capture, Utilization, and Storage market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Asia Pacific Carbon Capture, Utilization, and Storage market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Asia Pacific Carbon Capture, Utilization, and Storage market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. Asia Pacific Carbon Capture, Utilization, and Storage market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. China Carbon Capture, Utilization, and Storage market estimates & forecasts, 2022-2032 (USD Million)
TABLE 17. China Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. China Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 19. India Carbon Capture, Utilization, and Storage market estimates & forecasts, 2022-2032 (USD Million)
TABLE 20. India Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. India Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 22. Japan Carbon Capture, Utilization, and Storage market estimates & forecasts, 2022-2032 (USD Million)
TABLE 23. Japan Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Japan Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 25. Australia Carbon Capture, Utilization, and Storage market estimates & forecasts, 2022-2032 (USD Million)
TABLE 26. Australia Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. Australia Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 28. South Korea Carbon Capture, Utilization, and Storage market estimates & forecasts, 2022-2032 (USD Million)
TABLE 29. South Korea Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30. South Korea Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 31.
TABLE 32. RoAPAC Carbon Capture, Utilization, and Storage market estimates & forecasts, 2022-2032 (USD Million)
TABLE 33. RoAPAC Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. RoAPAC Carbon Capture, Utilization, and Storage market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 35. List of secondary sources, used in the study of Asia Pacific Carbon Capture, Utilization, and Storage Market.
TABLE 36. List of primary sources, used in the study of Asia Pacific Carbon Capture, Utilization, and Storage Market.
TABLE 37. Years considered for the study.
TABLE 38. Exchange rates considered

LIST OF FIGURES

FIG 1. Asia Pacific Carbon Capture, Utilization, and Storage market, research methodology
FIG 2. Asia Pacific Carbon Capture, Utilization, and Storage market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Carbon Capture, Utilization, and Storage market, key trends 2023
FIG 5. Asia Pacific Carbon Capture, Utilization, and Storage market, growth prospects 2022-2032
FIG 6. Asia Pacific Carbon Capture, Utilization, and Storage market, porters 5 force model
FIG 7. Asia Pacific Carbon Capture, Utilization, and Storage market, pestel analysis
FIG 8. Asia Pacific Carbon Capture, Utilization, and Storage market, value chain analysis
FIG 9. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, 2022 & 2032 (USD Million)
FIG 10. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, 2022 & 2032 (USD Million)
FIG 11. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, 2022 & 2032 (USD Million)
FIG 12. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, 2022 & 2032 (USD Million)
FIG 13. Asia Pacific Carbon Capture, Utilization, and Storage market by segment, 2022 & 2032 (USD Million)
FIG 14. Asia Pacific Carbon Capture, Utilization, and Storage market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Carbon Capture, Utilization, and Storage market 2022 & 2032 (USD Million)
FIG 16. Asia Pacific Carbon Capture, Utilization, and Storage market, company market share analysis (2023)


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