세계의 이산화탄소 포집용 용제 시장 : 용제 유형별, 상 유형별, 분야별, 용도별, 최종 사용자별-예측(2025-2030년)

The Solvents for Carbon Dioxide Capture Market was valued at USD 247.19 million in 2023, expected to reach USD 259.62 million in 2024, and is projected to grow at a CAGR of 5.62%, to USD 362.53 million by 2030.

The market for solvents used in carbon dioxide capture is focused on advancing technologies to improve the efficiency and environmental impact of capturing CO2 from industrial emissions. The necessity for these solvents is driven by global policies aiming to reduce carbon emissions and combat climate change, as well as the need for industries to comply with regulatory standards. These solvents are primarily applied in carbon capture and storage (CCS) technologies, which are utilized across various sectors including power generation, oil and gas, and industrial manufacturing. Key market growth factors include increasing investments in sustainable technologies, the regulatory push for lower carbon footprints, and advancements in solvent formulations that offer higher absorption rates and improved stability. Opportunities lie in developing highly efficient, low-energy solvents that can operate effectively under varied conditions, as well as leveraging government incentives aimed at promoting green technology. Partnerships between academia and industry to innovate and scale new solvent technologies are also vital. However, the market faces challenges such as high initial capital costs, technological complexity, and potential environmental impacts of solvent disposal. Additionally, the variability in fossil fuel prices can influence the economic attractiveness of CCS projects. Areas ripe for innovation include the development of bio-based and nano-material solvents, which offer the potential for reduced environmental impact and enhanced performance. Research into solvent regeneration methods and the integration of AI to optimize solvent deployment also present promising avenues for growth. The nature of the market is competitive and rapidly evolving, with significant potential for innovation-driven advances. Companies that can align their strategies with regulatory trends and invest in cutting-edge research will be positioned to lead in this transformative field.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Solvents for Carbon Dioxide Capture Market

The Solvents for Carbon Dioxide Capture Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increasing governmental regulations and incentives for carbon emission reduction initiatives and carbon capture technologies
  • Advancements in solvent technologies enhancing efficiency and effectiveness for carbon dioxide capture processes
  • Rising awareness and demand for sustainable and eco-friendly solutions in industrial processes and energy production
  • Growing investments in research and development for innovative carbon capture and storage solutions
• Market Restraints
  • The high energy requirements for the regeneration of solvents hinder their widespread adoption in industrial applications
  • Limited availability and high cost of high-performance solvents restrict their use in carbon dioxide capture technologies
• Market Opportunities
  • Investigating market potential for innovative solvent formulations tailored for specific carbon capture technologies
  • Developing partnerships with research institutions to drive innovation in solvent-based carbon capture solutions
  • Assessment of region-specific market opportunities influenced by regulatory policies and industrial activities
• Market Challenges
  • High energy costs and efficiency challenges associated with solvents for carbon dioxide capture technologies
  • Environmental and regulatory compliance issues impacting solvents used for carbon dioxide capture

Porter's Five Forces: A Strategic Tool for Navigating the Solvents for Carbon Dioxide Capture Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Solvents for Carbon Dioxide Capture Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Solvents for Carbon Dioxide Capture Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Solvents for Carbon Dioxide Capture Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Solvents for Carbon Dioxide Capture Market

A detailed market share analysis in the Solvents for Carbon Dioxide Capture Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Solvents for Carbon Dioxide Capture Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Solvents for Carbon Dioxide Capture Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Solvents for Carbon Dioxide Capture Market

A strategic analysis of the Solvents for Carbon Dioxide Capture Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Solvents for Carbon Dioxide Capture Market, highlighting leading vendors and their innovative profiles. These include Air Products and Chemicals Inc, AkzoNobel N.V., Arkema S.A., Asahi Glass Company, BASF SE, Brenntag AG, Clariant AG, Dow Chemical Company, Eastman Chemical Company, Evonik Industries, Huntsman Corporation, IMCD Group, Ineos Group, LG Chemical, Linde plc, Mitsubishi Chemical Corporation, Royal Dutch Shell plc, SABIC, Solvay S.A., and Tosoh Corporation.

Market Segmentation & Coverage

This research report categorizes the Solvents for Carbon Dioxide Capture Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Solvent Type, market is studied across Amine Blends, Amines, Carbonates, and Ionic Liquids. The Amines is further studied across Primary Amines, Secondary Amines, and Tertiary Amines.
• Based on Phase Type, market is studied across Liquid Solvents and Solid Solvents.
• Based on Sector, market is studied across Chemical Production, Industrial Processes, Oil & Gas, and Power Generation.
• Based on Application, market is studied across Oxy-Fuel Combustion, Post-Combustion Capture, and Pre-Combustion Capture. The Post-Combustion Capture is further studied across Flue Gas Treatment and Industrial Emissions Treatment.
• Based on End-User, market is studied across Chemical Companies, Energy and Utilities, Manufacturing Industries, and Oil and Gas Companies.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing governmental regulations and incentives for carbon emission reduction initiatives and carbon capture technologies
    • 5.1.1.2. Advancements in solvent technologies enhancing efficiency and effectiveness for carbon dioxide capture processes
    • 5.1.1.3. Rising awareness and demand for sustainable and eco-friendly solutions in industrial processes and energy production
    • 5.1.1.4. Growing investments in research and development for innovative carbon capture and storage solutions
  • 5.1.2. Restraints
    • 5.1.2.1. The high energy requirements for the regeneration of solvents hinder their widespread adoption in industrial applications
    • 5.1.2.2. Limited availability and high cost of high-performance solvents restrict their use in carbon dioxide capture technologies
  • 5.1.3. Opportunities
    • 5.1.3.1. Investigating market potential for innovative solvent formulations tailored for specific carbon capture technologies
    • 5.1.3.2. Developing partnerships with research institutions to drive innovation in solvent-based carbon capture solutions
    • 5.1.3.3. Assessment of region-specific market opportunities influenced by regulatory policies and industrial activities
  • 5.1.4. Challenges
    • 5.1.4.1. High energy costs and efficiency challenges associated with solvents for carbon dioxide capture technologies
    • 5.1.4.2. Environmental and regulatory compliance issues impacting solvents used for carbon dioxide capture
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Solvents for Carbon Dioxide Capture Market, by Solvent Type

• 6.1. Introduction
• 6.2. Amine Blends
• 6.3. Amines
  • 6.3.1. Primary Amines
  • 6.3.2. Secondary Amines
  • 6.3.3. Tertiary Amines
• 6.4. Carbonates
• 6.5. Ionic Liquids

7. Solvents for Carbon Dioxide Capture Market, by Phase Type

• 7.1. Introduction
• 7.2. Liquid Solvents
• 7.3. Solid Solvents

8. Solvents for Carbon Dioxide Capture Market, by Sector

• 8.1. Introduction
• 8.2. Chemical Production
• 8.3. Industrial Processes
• 8.4. Oil & Gas
• 8.5. Power Generation

9. Solvents for Carbon Dioxide Capture Market, by Application

• 9.1. Introduction
• 9.2. Oxy-Fuel Combustion
• 9.3. Post-Combustion Capture
  • 9.3.1. Flue Gas Treatment
  • 9.3.2. Industrial Emissions Treatment
• 9.4. Pre-Combustion Capture

10. Solvents for Carbon Dioxide Capture Market, by End-User

• 10.1. Introduction
• 10.2. Chemical Companies
• 10.3. Energy and Utilities
• 10.4. Manufacturing Industries
• 10.5. Oil and Gas Companies

11. Americas Solvents for Carbon Dioxide Capture Market

• 11.1. Introduction
• 11.2. Argentina
• 11.3. Brazil
• 11.4. Canada
• 11.5. Mexico
• 11.6. United States

12. Asia-Pacific Solvents for Carbon Dioxide Capture Market

• 12.1. Introduction
• 12.2. Australia
• 12.3. China
• 12.4. India
• 12.5. Indonesia
• 12.6. Japan
• 12.7. Malaysia
• 12.8. Philippines
• 12.9. Singapore
• 12.10. South Korea
• 12.11. Taiwan
• 12.12. Thailand
• 12.13. Vietnam

13. Europe, Middle East & Africa Solvents for Carbon Dioxide Capture Market

• 13.1. Introduction
• 13.2. Denmark
• 13.3. Egypt
• 13.4. Finland
• 13.5. France
• 13.6. Germany
• 13.7. Israel
• 13.8. Italy
• 13.9. Netherlands
• 13.10. Nigeria
• 13.11. Norway
• 13.12. Poland
• 13.13. Qatar
• 13.14. Russia
• 13.15. Saudi Arabia
• 13.16. South Africa
• 13.17. Spain
• 13.18. Sweden
• 13.19. Switzerland
• 13.20. Turkey
• 13.21. United Arab Emirates
• 13.22. United Kingdom

14. Competitive Landscape

• 14.1. Market Share Analysis, 2023
• 14.2. FPNV Positioning Matrix, 2023
• 14.3. Competitive Scenario Analysis
• 14.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Air Products and Chemicals Inc
• 2. AkzoNobel N.V.
• 3. Arkema S.A.
• 4. Asahi Glass Company
• 5. BASF SE
• 6. Brenntag AG
• 7. Clariant AG
• 8. Dow Chemical Company
• 9. Eastman Chemical Company
• 10. Evonik Industries
• 11. Huntsman Corporation
• 12. IMCD Group
• 13. Ineos Group
• 14. LG Chemical
• 15. Linde plc
• 16. Mitsubishi Chemical Corporation
• 17. Royal Dutch Shell plc
• 18. SABIC
• 19. Solvay S.A.
• 20. Tosoh Corporation