Value of the carbon capture and storage (CCS) market size worldwide from 2021 to 2023, with projections until 2031, by technology
(in million U.S. dollars)
Characteristic
Pre-Combustion
Post-Combustion
Industrial Process
Oxy-Combustion
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Projections based on a CAGR of 12.4 percent between 2024 and 2031 for pre-combustion, 15.3 percent for post-combustion, 14.9 percent for industrial processes, and 16.2 percent for oxy-combustion processes.
Citation formats
Global carbon capture and storage market size 2021-2031, by technology
The global carbon capture and storage (CCS) market size was valued at *** billion U.S. dollars in 2023. Pre-combustion capture accounted for approximately ** percent of the market size that year, at **** billion U.S. dollars. The market size for pre-combustion capture is projected to register a CAGR of **** percent between 2024 and 2031 to reach a value of **** billion U.S. dollars. Unlike post-combustion capture, which involves capturing carbon dioxide (COâ‚‚) from flue gas streams after the combustion process, pre-combustion refers to removing COâ‚‚ from fossil fuels before combustion is completed. CCUS is seen as a key technology to reduce global emissions and mitigate climate change over the coming decades.
More information on the global carbon capture and storage market can be found .Ìý
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Extrapolate. (March 15, 2024). Value of the carbon capture and storage (CCS) market size worldwide from 2021 to 2023, with projections until 2031, by technology (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/1458715/global-ccs-market-size-by-technology/
Extrapolate. "Value of the carbon capture and storage (CCS) market size worldwide from 2021 to 2023, with projections until 2031, by technology (in million U.S. dollars)." Chart. March 15, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/1458715/global-ccs-market-size-by-technology/
Extrapolate. (2024). Value of the carbon capture and storage (CCS) market size worldwide from 2021 to 2023, with projections until 2031, by technology (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/1458715/global-ccs-market-size-by-technology/
Extrapolate. "Value of The Carbon Capture and Storage (Ccs) Market Size Worldwide from 2021 to 2023, with Projections until 2031, by Technology (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 Mar 2024, /statistics/1458715/global-ccs-market-size-by-technology/
Extrapolate, Value of the carbon capture and storage (CCS) market size worldwide from 2021 to 2023, with projections until 2031, by technology (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1458715/global-ccs-market-size-by-technology/ (last visited July 21, 2026)
Value of the carbon capture and storage (CCS) market size worldwide from 2021 to 2023, with projections until 2031, by technology (in million U.S. dollars) [Graph], Extrapolate, March 15, 2024. [Online]. Available: /statistics/1458715/global-ccs-market-size-by-technology/
