EOR(원유 회수 증진) CO₂/점원 탄소 포집 시장 : 기술별, 제공별, 배출원 산업별, CO₂ Fate별, 최종사용자별, 지역별 - 시장 규모, 업계 역학, 기회 분석 및 예측(2026-2035년)

The enhanced oil recovery (EOR) CO2 and point-source carbon capture market is witnessing significant expansion as industries increasingly prioritize emissions reduction, carbon management, and the transition toward lower-carbon energy systems. The market was valued at approximately USD 3.5 billion in 2025 and is projected to reach around USD 20 billion by 2035, registering a strong compound annual growth rate (CAGR) of 19.0% during the forecast period from 2026 to 2035.

A major factor contributing to market growth is the increasing demand for industrial decarbonization solutions across carbon-intensive sectors such as oil and gas, power generation, natural gas processing, cement, chemicals, and refining. Many industries face growing pressure to reduce greenhouse gas emissions due to stricter environmental regulations, corporate sustainability commitments, and global climate targets.

Noteworthy Market Developments

The enhanced oil recovery (EOR) CO2 / point-source carbon capture market is characterized by the presence of several major energy companies and technology providers that are leveraging their extensive infrastructure, engineering expertise, and strategic investments to establish leadership positions. Occidental Petroleum has emerged as one of the leading companies in the market through its dedicated carbon management subsidiary, 1PointFive.

ExxonMobil has strengthened its position in the EOR CO2 / point-source carbon capture market through its expanded carbon management strategy and the acquisition of Denbury, a company recognized for its extensive CO2 pipeline infrastructure and carbon transportation capabilities. Mitsubishi Heavy Industries (MHI) plays a leading role in the carbon capture technology segment, particularly through its advanced KM CDR Process(TM). The company has established a strong market position by providing highly efficient post-combustion carbon capture solutions designed for large industrial facilities.

SLB has become a significant player in the CCUS ecosystem by combining its extensive oilfield services expertise with advanced carbon capture and storage capabilities. Chevron has also established a strong position in the market through its New Energies division and continued investments in carbon management technologies.

Core Growth Drivers

Policy incentives and subsidies represent a major factor accelerating the growth of the enhanced oil recovery (EOR) CO2 / point-source carbon capture market by improving project economics and reducing financial barriers associated with large-scale carbon management deployment. Carbon capture projects typically require substantial upfront capital investment for capture equipment, compression systems, transportation infrastructure, and storage facilities, creating challenges for commercial adoption without supportive policy mechanisms. Government incentives, tax credits, and regulatory frameworks provide critical financial support by improving investment returns, lowering operational risks, and encouraging industries to transition from pilot projects toward full-scale carbon capture implementation.

Emerging Opportunity Trends

Modular configurations and artificial intelligence (AI)-driven optimization are emerging as significant opportunity trends expected to accelerate growth in the enhanced oil recovery (EOR) CO2 / point-source carbon capture market. As industries transition from pilot-scale demonstrations toward commercial deployment, companies are increasingly moving away from large, highly customized carbon capture facilities toward standardized, modular systems that offer greater flexibility, faster installation, and reduced project complexity. Modular capture units enable operators to deploy carbon management solutions in a phased manner, allowing facilities to scale capacity based on emission volumes, operational requirements, and future expansion plans. This approach reduces upfront capital requirements, shortens construction timelines, and improves the overall economic feasibility of carbon capture projects.

Barriers to Optimization

High parasitic load, commonly referred to as the energy penalty associated with carbon capture operations, represents a significant challenge that may restrain the growth of the enhanced oil recovery (EOR) CO2 / point-source carbon capture market. While carbon capture technologies play a critical role in reducing industrial greenhouse gas emissions, their implementation requires substantial additional energy consumption to operate capture, compression, separation, and conditioning systems. This increased energy demand can negatively affect the overall efficiency of host facilities, raise operating costs, and influence the economic viability of large-scale carbon capture projects, particularly in energy-intensive industries.

Detailed Market Segmentation

By offering, the hardware infrastructure segment accounted for the largest share of the enhanced oil recovery (EOR) CO2 / point-source carbon capture market, with capture equipment emerging as the leading component in 2025. The dominance of this segment is primarily attributed to the critical role of physical capture systems in enabling the large-scale implementation of carbon management projects. Carbon capture equipment represents the foundation of point-source carbon capture operations, as it directly determines the efficiency, scalability, and economic performance of CO2 separation from industrial emissions. As industries increasingly focus on reducing greenhouse gas emissions and meeting stringent decarbonization targets, substantial investments have been directed toward the development and deployment of advanced capture technologies capable of handling high-volume carbon streams.

• In terms of source industry vertical, the natural gas processing sector represents a leading segment of the market due to its favorable emission characteristics, established processing infrastructure, and economic advantages associated with carbon capture deployment. Natural gas processing facilities generate significant volumes of carbon dioxide as part of the gas purification process, creating highly suitable conditions for the integration of carbon capture technologies. Unlike many industrial sectors where CO2 is present in dilute flue gas streams, natural gas processing plants produce concentrated CO2 streams that can be captured more efficiently, making the sector one of the most attractive sources for large-scale carbon management projects.

By CO2 fate, geological storage accounted for the largest share of the market, reflecting its critical role in ensuring the long-term effectiveness, environmental credibility, and commercial sustainability of carbon capture initiatives. As governments, regulatory agencies, and industries increasingly prioritize permanent carbon emissions reduction, the secure geological sequestration of captured carbon dioxide has become the preferred approach for managing emissions generated from industrial point sources. The ability to permanently isolate CO2 in deep underground geological formations not only supports climate change mitigation goals but also enhances the overall value proposition of integrated EOR and carbon capture projects by enabling operators to combine increased hydrocarbon recovery with verified long-term carbon storage.

By end user, the oil and gas sector accounted for the largest share of the market, primarily due to its extensive operational expertise, established infrastructure, and increasing focus on balancing hydrocarbon production with emissions reduction. The industry has been at the forefront of carbon dioxide utilization for decades, particularly through enhanced oil recovery operations, where injected CO2 improves reservoir pressure and mobilizes residual hydrocarbons that would otherwise remain unrecoverable. This long-standing experience has positioned oil and gas companies as the leading adopters of point-source carbon capture technologies, enabling them to integrate carbon management strategies into conventional upstream operations while supporting both production efficiency and sustainability objectives.

Segment Breakdown

By Technology

• Post-Combustion
• Pre-Combustion
• Oxy-Fuel Combustion
• Sorbent/ Membrane

By Offering

• Capture Equipment
• EPC/ Engineering
• O&M Services

By Source Industry

• Power Generation
• Cement
• Steel & Metals
• Chemicals & Refining
• Natural Gas Processing

By CO2 Fate

• Geological Storage
• Enhanced Oil Recovery
• Utilization

By End User

• Power Utilities
• Heavy Industry
• Oil & Gas

By Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• Saudi Arabia
• South Africa
• UAE
• Rest of MEA
• South America
• Argentina
• Brazil
• Rest of South America

Geography Breakdown

• North America accounted for the largest share of the enhanced oil recovery (EOR) CO2 / point-source carbon capture market in 2025, supported by a combination of strong government policy frameworks, well-established carbon transport infrastructure, and extensive experience in carbon capture and storage (CCS) operations. The region has developed one of the world's most advanced ecosystems for integrating industrial carbon capture with enhanced oil recovery, enabling large-scale deployment across multiple sectors.
• Favorable regulatory support, long-standing investments in pipeline infrastructure, and the presence of mature oil fields suitable for CO2 injection have collectively strengthened North America's leadership. In addition, the growing emphasis on reducing industrial emissions while maintaining hydrocarbon production has encouraged widespread adoption of point-source carbon capture technologies, further reinforcing the region's dominant market position.
• The United States remains the primary contributor to North America's market leadership, largely due to its highly supportive policy environment and established commercial framework for carbon capture projects. A major driver of this growth has been the federal 45Q tax credit, which significantly improves the financial viability of carbon capture initiatives by providing substantial incentives for captured carbon dioxide.

Leading Market Participants

• Aker Carbon Capture (SLB)
• SLB Capturi
• Mitsubishi Heavy Industries
• Linde
• Air Liquide
• Honeywell UOP
• Shell (CANSOLV)
• Baker Hughes
• Fluor
• Technip Energies
• Carbon Clean
• Svante
• CarbonCure
• ExxonMobil (Low Carbon)
• Occidental (1PointFive)
• Other Prominent Players

Table of Content

Chapter 1. Executive Summary: Global Enhanced Oil Recovery CO2 / Point-Source Carbon Capture Market

Chapter 2. Research Methodology & Research Framework

• 2.1. Research Objective
• 2.2. Product Overview
• 2.3. Market Segmentation
• 2.4. Qualitative Research
  • 2.4.1. Primary & Secondary Sources
• 2.5. Quantitative Research
  • 2.5.1. Primary & Secondary Sources
• 2.6. Breakdown of Primary Research Respondents, By Region
• 2.7. Assumption for Study
• 2.8. Market Size Estimation
• 2.9. Data Triangulation

Chapter 3. Global Enhanced Oil Recovery CO2 / Point-Source Carbon Capture Market Overview

• 3.1. Industry Value Chain Analysis
  • 3.1.1. Solvent, Sorbent, Membrane & Capture-Material Suppliers
  • 3.1.2. Capture Equipment (Absorbers, Compressors, Separators) Manufacturers
  • 3.1.3. EPC, Engineering & Pipeline / Transport Infrastructure Providers
  • 3.1.4. Storage, MRV, EOR Injection & 45Q Tax-Credit / O&M Partners
  • 3.1.5. End Users (Power Utilities, Heavy Industry, Oil & Gas)
• 3.2. Industry Outlook
  • 3.2.1. Overview of the Global Point-Source Carbon Capture & CO2-EOR Industry
  • 3.2.2. Amine Post-Combustion Capture, Modular Deployment & AI-Optimized Energy Penalty Reduction
  • 3.2.3. 45Q / OBBBA Credit Parity, Geological Storage Permanence & Pipeline Network Consolidation
• 3.3. PESTLE Analysis
• 3.4. Porter's Five Forces Analysis
  • 3.4.1. Bargaining Power of Suppliers
  • 3.4.2. Bargaining Power of Buyers
  • 3.4.3. Threat of Substitutes
  • 3.4.4. Threat of New Entrants
  • 3.4.5. Degree of Competition
• 3.5. Market Growth and Outlook
  • 3.5.1. Market Revenue Estimates and Forecast (US$ Mn), 2020-2035
  • 3.5.2. Price Trend Analysis, By Technology

Chapter 4. Global Enhanced Oil Recovery CO2 / Point-Source Carbon Capture Market Analysis

• 4.1. Competition Dashboard
  • 4.1.1. Market Concentration Rate
  • 4.1.2. Company Market Share Analysis (Value %), 2025
  • 4.1.3. Competitor Mapping & Benchmarking

Chapter 5. Global Enhanced Oil Recovery CO2 / Point-Source Carbon Capture Market Analysis

• 5.1. Market Dynamics and Trends
  • 5.1.1. Growth Drivers
  • 5.1.2. Restraints
  • 5.1.3. Opportunity
  • 5.1.4. Key Trends
• 5.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 5.2.1. By Technology
    • 5.2.1.1. Key Insights
      • 5.2.1.1.1. Post-Combustion
      • 5.2.1.1.2. Pre-Combustion
      • 5.2.1.1.3. Oxy-Fuel Combustion
      • 5.2.1.1.4. Sorbent/ Membrane
  • 5.2.2. By Offering
    • 5.2.2.1. Key Insights
      • 5.2.2.1.1. Capture Equipment
      • 5.2.2.1.2. EPC/ Engineering
      • 5.2.2.1.3. O&M Services
  • 5.2.3. By Source Industry
    • 5.2.3.1. Key Insights
      • 5.2.3.1.1. Power Generation
      • 5.2.3.1.2. Cement
      • 5.2.3.1.3. Steel & Metals
      • 5.2.3.1.4. Chemicals & Refining
      • 5.2.3.1.5. Natural Gas Processing
  • 5.2.4. By CO2 Fate
    • 5.2.4.1. Key Insights
      • 5.2.4.1.1. Geological Storage
      • 5.2.4.1.2. Enhanced Oil Recovery
      • 5.2.4.1.3. Utilization
  • 5.2.5. By End User
    • 5.2.5.1. Key Insights
      • 5.2.5.1.1. Power Utilities
      • 5.2.5.1.2. Heavy Industry
      • 5.2.5.1.3. Oil & Gas
  • 5.2.6. By Region
    • 5.2.6.1. Key Insights
      • 5.2.6.1.1. North America
        • 5.2.6.1.1.1. The U.S.
        • 5.2.6.1.1.2. Canada
        • 5.2.6.1.1.3. Mexico
      • 5.2.6.1.2. Europe
        • 5.2.6.1.2.1. Western Europe
          • 5.2.6.1.2.1.1. The UK
          • 5.2.6.1.2.1.2. Germany
          • 5.2.6.1.2.1.3. France
          • 5.2.6.1.2.1.4. Italy
          • 5.2.6.1.2.1.5. Spain
          • 5.2.6.1.2.1.6. Rest of Western Europe
        • 5.2.6.1.2.2. Eastern Europe
          • 5.2.6.1.2.2.1. Poland
          • 5.2.6.1.2.2.2. Russia
          • 5.2.6.1.2.2.3. Rest of Eastern Europe
      • 5.2.6.1.3. Asia Pacific
        • 5.2.6.1.3.1. China
        • 5.2.6.1.3.2. India
        • 5.2.6.1.3.3. Japan
        • 5.2.6.1.3.4. Australia & New Zealand
        • 5.2.6.1.3.5. South Korea
        • 5.2.6.1.3.6. ASEAN
        • 5.2.6.1.3.7. Rest of Asia Pacific
      • 5.2.6.1.4. Middle East & Africa (MEA)
        • 5.2.6.1.4.1. Saudi Arabia
        • 5.2.6.1.4.2. South Africa
        • 5.2.6.1.4.3. UAE
        • 5.2.6.1.4.4. Rest of MEA
      • 5.2.6.1.5. South America
        • 5.2.6.1.5.1. Argentina
        • 5.2.6.1.5.2. Brazil
        • 5.2.6.1.5.3. Rest of South America

Chapter 6. North America Market Analysis

• 6.1. Market Dynamics and Trends
  • 6.1.1. Growth Drivers
  • 6.1.2. Restraints
  • 6.1.3. Opportunity
  • 6.1.4. Key Trends
• 6.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 6.2.1. Key Insights
    • 6.2.1.1. By Technology
    • 6.2.1.2. By Offering
    • 6.2.1.3. By Source Industry
    • 6.2.1.4. By CO2 Fate
    • 6.2.1.5. By End User
    • 6.2.1.6. By Country

Chapter 7. Europe Market Analysis

• 7.1. Market Dynamics and Trends
  • 7.1.1. Growth Drivers
  • 7.1.2. Restraints
  • 7.1.3. Opportunity
  • 7.1.4. Key Trends
• 7.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 7.2.1. Key Insights
    • 7.2.1.1. By Technology
    • 7.2.1.2. By Offering
    • 7.2.1.3. By Source Industry
    • 7.2.1.4. By CO2 Fate
    • 7.2.1.5. By End User
    • 7.2.1.6. By Country

Chapter 8. Asia Pacific Market Analysis

• 8.1. Market Dynamics and Trends
  • 8.1.1. Growth Drivers
  • 8.1.2. Restraints
  • 8.1.3. Opportunity
  • 8.1.4. Key Trends
• 8.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 8.2.1. Key Insights
    • 8.2.1.1. By Technology
    • 8.2.1.2. By Offering
    • 8.2.1.3. By Source Industry
    • 8.2.1.4. By CO2 Fate
    • 8.2.1.5. By End User
    • 8.2.1.6. By Country

Chapter 9. Middle East & Africa Market Analysis

• 9.1. Market Dynamics and Trends
  • 9.1.1. Growth Drivers
  • 9.1.2. Restraints
  • 9.1.3. Opportunity
  • 9.1.4. Key Trends
• 9.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 9.2.1. Key Insights
    • 9.2.1.1. By Technology
    • 9.2.1.2. By Offering
    • 9.2.1.3. By Source Industry
    • 9.2.1.4. By CO2 Fate
    • 9.2.1.5. By End User
    • 9.2.1.6. By Country

Chapter 10. South America Market Analysis

• 10.1. Market Dynamics and Trends
  • 10.1.1. Growth Drivers
  • 10.1.2. Restraints
  • 10.1.3. Opportunity
  • 10.1.4. Key Trends
• 10.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 10.2.1. Key Insights
    • 10.2.1.1. By Technology
    • 10.2.1.2. By Offering
    • 10.2.1.3. By Source Industry
    • 10.2.1.4. By CO2 Fate
    • 10.2.1.5. By End User
    • 10.2.1.6. By Country

Chapter 11. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook)

• 11.1. Aker Carbon Capture (SLB)
• 11.2. SLB Capturi
• 11.3. Mitsubishi Heavy Industries
• 11.4. Linde
• 11.5. Air Liquide
• 11.6. Honeywell UOP
• 11.7. Shell (CANSOLV)
• 11.8. Baker Hughes
• 11.9. Fluor
• 11.10. Technip Energies
• 11.11. Carbon Clean
• 11.12. Svante
• 11.13. CarbonCure
• 11.14. ExxonMobil (Low Carbon)
• 11.15. Occidental (1PointFive)
• 11.16. Other Prominent Players

Chapter 12. Annexure

• 12.1. List of Secondary Sources
• 12.2. Key Country Markets- Macro Economic Outlook/Indicators