탄소 포집 및 격리 시장 : 용도, 회수 기술, 발생원 산업, 저장 옵션별 - 세계 예측(2025-2032년)

The Carbon Capture & Sequestration Market is projected to grow by USD 29.10 billion at a CAGR of 12.78% by 2032.

A succinct orientation to carbon capture and sequestration that explains why CCS has become mission-critical for decarbonization of hard-to-abate industrial sectors

Carbon capture and sequestration (CCS) has moved from a technical curiosity into a pragmatic pillar of industrial decarbonization strategies. In recent years, the confluence of intensified climate commitments, clearer regulatory frameworks, and improved engineering practices has elevated CCS from isolated pilots to integrated project portfolios. This introduction synthesizes why CCS is now central to corporate net-zero roadmaps, how cross-sector demand is reshaping technology priorities, and why strategic alignment across policy, finance, and operations matters for project success.

The global energy transition imposes real constraints on emissions-intensive industries that cannot fully electrify or substitute feedstocks economically. As a result, CCS frequently emerges as one of the few viable pathways to materially reduce process emissions in hydrogen production, heavy industry, and certain power generation configurations. Simultaneously, advances in capture configurations-ranging from conventional solvent systems to emerging modular and chemical looping approaches-are broadening deployment options and addressing historically prohibitive costs and energy penalties.

Importantly, commercial momentum is increasingly influenced by policy levers and investment mechanisms that de-risk project development. Tax incentives, long-term offtake agreements for low-carbon fuels, and industrial decarbonization targets are altering capital allocation decisions in both private and public sectors. As stakeholders move from conceptual plans to sanctioned projects, operational considerations such as storage suitability, transport logistics, and monitoring protocols are defining which projects reach execution. Therefore, a disciplined synthesis of technical, regulatory, and commercial factors is essential for executives planning near- and mid-term CCS investments.

How evolving capture technologies, financing mechanisms, and supply chain modernization are converging to transform CCS project viability and execution timelines

The landscape for carbon capture and sequestration is undergoing several transformative shifts that together are redefining how projects are conceived, financed, and executed. Technological maturation is one vector: established post-combustion solvent systems are being complemented by pre-combustion and oxy-fuel approaches, while niche innovations such as chemical looping and modular capture units are beginning to address scale and retrofit challenges. These technology shifts are enabling more flexible project architectures and shortening lead times through factory-based fabrication and standardized engineering designs.

On the policy and finance side, a clearer incentive environment is unlocking new private capital sources. Fiscal instruments and performance-based credits are catalyzing project bankability, while public-private partnerships and blended finance are emerging as practical mechanisms to allocate early-stage risk. At the same time, corporate procurement strategies for low-carbon products and fuels are creating demand signals that influence capture sizing and storage decisions. This alignment between demand-side commitments and supply-side readiness accelerates commercialization pathways.

Supply chain dynamics are also evolving: equipment vendors, EPC firms, and specialty component manufacturers are scaling manufacturing footprints and adopting leaner procurement models to accommodate international project pipelines. Coupled with improved digital tools for monitoring, remote operation, and emissions verification, these shifts reduce execution risk and enhance operator confidence. Collectively, the transformative trends point to a more modular, policy-aligned, and execution-capable CCS ecosystem ready to integrate with broader industrial decarbonization efforts.

Assessing how potential 2025 tariff measures in the United States could reshape procurement, domestic manufacturing, and strategic sourcing for carbon capture projects

The prospect of new or adjusted tariffs in the United States in 2025 introduces a complex layer of commercial and operational implications for carbon capture projects that rely on globalized supply chains. Tariff measures targeting steel, specialized compressors, membranes, or other capture-specific components would increase direct procurement costs and could extend lead times if suppliers re-route production or seek tariff-efficient supply chains. Because many capture systems and CO2 transport components depend on high-integrity steel and precision equipment, even modest tariff adjustments can materially affect capital budgets and project scheduling.

Beyond immediate cost impacts, tariffs can alter strategic sourcing decisions. Project developers faced with higher import costs may accelerate investments in domestic manufacturing, which in turn supports local job creation and resilience but requires time and capital to scale. Conversely, if tariffs remain uncertain or are phased in unpredictably, firms may delay procurement decisions, hedge through long-lead contracts, or accept higher prices to secure necessary components, each of which has downstream effects on project financial models and construction timelines.

Tariffs also interact with policy incentives. Where domestic tax credits or production incentives are available, the net impact of tariffs may be partly offset; however, the administrative complexity of combining incentives with tariff effects can increase transactional friction. Finally, tariffs influence competitive dynamics among technology suppliers: vendors with established local manufacturing footprints or integrated supply chains gain relative advantage, while smaller exporters may need to adapt through strategic partnerships or regional production agreements. In short, tariffs in 2025 could act as both a near-term headwind and a catalyst for reshoring and supply-chain resilience, depending on how industry and policymakers respond.

Targeted segmentation insights that align capture applications, technology pathways, source industry characteristics, and storage options to inform strategic CCS deployment

Meaningful segmentation enables more precise strategy development for capture and sequestration initiatives by clarifying where technical fit and commercial opportunity intersect. When considering application types such as hydrogen production, industrial processes, natural gas processing, and power generation, hydrogen production often prioritizes capture configurations that align with gas separation and pre-combustion options, whereas industrial processes-particularly cement, chemical, refinery, and steel-face distinct points of emission with differing CO2 concentrations and integration constraints. For example, cement and steel operations typically require solutions that can handle dilute flue streams and complex retrofit pathways, while refinery and chemical plants sometimes present higher purity streams conducive to lower-energy capture technologies.

Capture technology segmentation further refines deployment choices. Chemical looping combustion and oxy-fuel combustion present opportunities where process redesign is acceptable and where integration benefits justify capital outlays. Post-combustion capture remains broadly applicable for retrofits and is compatible with many existing industrial stacks, while pre-combustion routes are especially relevant to hydrogen production and integrated gasification systems. Each technology pathway has distinct energy penalties, retrofit complexity, and maturity profiles, which should guide technology selection depending on plant characteristics and project timelines.

Source industry categories such as biomass plants, cement plants, coal-fired plants, gas-fired plants, and steel plants reveal different decarbonization imperatives and storage synergies. Biomass facilities paired with sequestration create durable negative emissions potential, while coal-fired and gas-fired plants vary in concentration and amenability to capture. Finally, storage option segmentation-encompassing enhanced oil recovery, geological storage, and mineralization-must consider local geology as well as the distinction between depleted oil fields and saline aquifers when geological storage is pursued. Each storage pathway involves different permitting, monitoring, and commercial considerations that influence project design and regional suitability.

Regional dynamics across the Americas, Europe Middle East and Africa, and Asia-Pacific that influence geological suitability, policymaking, and project commercialization pathways

Regional dynamics play a determinative role in CCS project design and feasibility, reflecting geological potential, regulatory frameworks, and industrial structure across geographies. In the Americas, concentrated incentive structures, a robust pipeline of industrial point-source projects, and accessible geological storage in certain basins create attractive conditions for rapid deployment, especially for hydrogen hubs and large-EOR projects. Policy clarity in specific jurisdictions helps mobilize private capital and supports the emergence of transport and storage infrastructure networks that can serve multiple emitters.

Europe, the Middle East, and Africa present a heterogeneous landscape where Europe's regulatory mechanisms and emissions trading paradigms interact with ambitious industrial decarbonization plans, leading to strong interest in cross-border transport corridors and shared storage hubs. In the Middle East, abundant subsurface capacity and integrated oil and gas expertise favor large-scale storage projects and enhanced oil recovery opportunities, while African regions with identified saline formations show potential for future storage development contingent on investment and capacity building.

Asia-Pacific features vast variations in readiness and ambition: some economies are rapidly scaling hydrogen and carbon management initiatives, while others focus on incremental retrofits to existing thermal fleets. Coastal basins in the region offer promising saline aquifers and depleted field opportunities for storage, but project realization often depends on coordinated industrial policy, capital availability, and technical partnerships. Overall, regional strategies must balance geological suitability, regulatory clarity, and the capacity to finance and operate long-term CO2 transport and storage systems.

How leading firms are aligning technology development, joint ventures, and integrated delivery models to capture value across the entire CCS value chain

Company strategies in the CCS domain are rapidly diversifying as incumbents and newcomers pursue complementary roles across capture, transport, storage, and services. Major integrated energy firms and national oil companies are leveraging subsurface expertise and capital to lead storage and transport consortia, while engineering and EPC firms are developing standardized capture modules and turnkey offerings to shorten delivery cycles. Meanwhile, technology specialists and startups focus on niche breakthroughs-such as solvent reformulations, membrane separations, and modular capture units-that can be licensed or integrated into larger projects.

Collaborative models are becoming increasingly common: partnerships between technology developers, utilities, industrial emitters, and financing institutions create project stacks that distribute risk and align incentives. Licensing arrangements and joint ventures enable rapid scale-up of promising technologies without requiring single entities to underwrite full commercialization risk. At the same time, companies that invest in vertically integrated capabilities-spanning capture, compression, transport, and storage operations-can capture margin across value chains but must manage greater project complexity.

Operational excellence and regulatory competence differentiate successful incumbents. Firms that demonstrate strong track records in permitting, long-term monitoring, and stakeholder engagement secure preferential access to storage rights and community acceptance. For industry leaders, the emphasis is on building repeatable project delivery platforms, cultivating strategic alliances, and maintaining flexible technology portfolios that can be deployed across a range of industrial situations and storage contexts.

Practical strategic actions for executives to derisk deployments, build resilient supply chains, and align regulatory and commercial incentives for durable CCS projects

Industry leaders should adopt a pragmatic, multi-faceted approach to accelerate CCS deployment while managing downside risks. First, prioritize diversification across capture technologies and storage options to avoid single-technology exposure; piloting alternative capture systems in parallel with established approaches reduces execution risk and informs scalable choices. Second, invest deliberately in local supply chains and manufacturing capacity to insulate projects from tariff shocks and to shorten lead times for critical components.

Third, engage proactively with regulators and host communities to shape permitting pathways and to co-design monitoring frameworks that build public confidence. Transparent data-sharing, independent verification, and durable community benefits make long-duration storage projects more socially acceptable. Fourth, structure commercial agreements to align incentives across project partners: long-term offtake or storage contracts, indexed fee structures, and shared performance guarantees help distribute risk and attract institutional capital.

Fifth, integrate digital tools for real-time monitoring, predictive maintenance, and emissions verification to drive operational efficiencies and to satisfy increasingly stringent reporting requirements. Finally, develop staged financing strategies that combine grants, tax incentives, and private capital to support early project stages while preserving upside for scaling. Collectively, these recommendations create a resilient blueprint for executives seeking to translate CCS potential into durable, investable projects.

A detailed, multi-method approach combining stakeholder interviews, geospatial storage analysis, and scenario stress-testing to validate CCS technology and deployment pathways

The research methodology underpinning this analysis combines qualitative and quantitative techniques to provide a rigorous, decision-oriented synthesis. Primary research included structured interviews with project developers, technology vendors, regulators, investors, and host-community representatives to capture real-world implementation experience and contractual practice. Secondary research drew on technical literature, regulatory filings, engineering studies, and public databases to validate technology performance characteristics, storage assessments, and historical project timelines.

Scenario analysis was used to stress-test technological choices and policy permutations, evaluating sensitivity to key variables such as capital intensity, energy penalties, supply chain lead times, and policy incentives. Geological storage evaluation relied on geospatial analysis and published subsurface studies to map candidate saline aquifers, depleted fields, and mineralization pathways, with cross-referencing by independent subsurface experts to ensure interpretive rigor. A comparative technology assessment scored capture options on maturity, retrofitability, energy intensity, and integration complexity.

To ensure credibility, findings were triangulated across data sources and subjected to validation workshops with industry stakeholders. Where applicable, the methodology documented assumptions and uncertainty bounds to support decision-makers in applying the insights to specific asset portfolios. This disciplined, multi-method approach produces actionable intelligence designed for executives and technical teams planning CCS investments.

A concise synthesis that underscores the operational imperative for CCS while highlighting the strategic actions required to convert potential into realized mitigation outcomes

Carbon capture and sequestration is no longer an abstract policy objective; it is an operational imperative for industries seeking credible emissions reductions where electrification and feedstock substitution are insufficient. The path forward requires coordinated action across technology selection, supply chain development, finance, and regulatory engagement. Projects that successfully integrate capture technology fit with source characteristics, secure geologically suitable and societally acceptable storage, and structure robust commercial agreements will lead the next wave of deployments.

Risks remain material: policy uncertainty, trade measures, and evolving technology performance can disrupt timelines and budgets. Nevertheless, these risks are manageable through deliberate diversification, investment in domestic capabilities, and proactive stakeholder engagement. In addition, the interplay between regional policy frameworks and geological endowments will shape comparative project economics and strategic priorities.

In conclusion, organizations that engage early, align technical choices with available storage pathways, and adopt flexible commercial structures will be best positioned to translate CCS potential into realized emissions reductions and durable business value. The coming period will reward disciplined execution, collaborative partnerships, and adaptive strategies that respond to evolving policy and market signals.

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

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Commercial-scale deployment of next-generation solvent-based carbon capture units for natural gas processing facilities
• 5.2. Integration of carbon capture systems with hydrogen production plants to create low-emission blue hydrogen supply chains
• 5.3. Growth in pipeline infrastructure development for transporting captured CO2 from multiple industrial hubs to sequestration sites
• 5.4. Adoption of solvent-free carbon capture technologies such as membrane separation and adsorption for power plant retrofits
• 5.5. Emergence of low-carbon cement manufacturing processes integrating on-site carbon capture and mineralization to reduce emissions
• 5.6. Expansion of offshore geological storage projects exploring deep saline aquifers for permanent CO2 sequestration capacity
• 5.7. Collaborative public-private funding initiatives supporting carbon capture demonstrations under government incentive schemes
• 5.8. Advances in digital process optimization tools leveraging AI for real-time monitoring and efficiency improvement of capture operations
• 5.9. Development of carbon utilization pathways converting captured CO2 into sustainable chemicals and synthetic fuels at scale
• 5.10. Regulatory framework evolution with introduction of carbon border adjustment mechanisms influencing capture investment decisions

6. Cumulative Impact of United States Tariffs 2025

7. Cumulative Impact of Artificial Intelligence 2025

8. Carbon Capture & Sequestration Market, by Application

• 8.1. Hydrogen Production
• 8.2. Industrial Processes
  • 8.2.1. Cement
  • 8.2.2. Chemical
  • 8.2.3. Refinery
  • 8.2.4. Steel
• 8.3. Natural Gas Processing
• 8.4. Power Generation

9. Carbon Capture & Sequestration Market, by Capture Technology

• 9.1. Chemical Looping Combustion
• 9.2. Oxy Fuel Combustion
• 9.3. Post Combustion
• 9.4. Pre Combustion

10. Carbon Capture & Sequestration Market, by Source Industry

• 10.1. Biomass Plants
• 10.2. Cement Plants
• 10.3. Coal Fired Plants
• 10.4. Gas Fired Plants
• 10.5. Steel Plants

11. Carbon Capture & Sequestration Market, by Storage Option

• 11.1. Enhanced Oil Recovery
• 11.2. Geological Storage
  • 11.2.1. Depleted Oil Fields
  • 11.2.2. Saline Aquifers
• 11.3. Mineralization

12. Carbon Capture & Sequestration Market, by Region

• 12.1. Americas
  • 12.1.1. North America
  • 12.1.2. Latin America
• 12.2. Europe, Middle East & Africa
  • 12.2.1. Europe
  • 12.2.2. Middle East
  • 12.2.3. Africa
• 12.3. Asia-Pacific

13. Carbon Capture & Sequestration Market, by Group

• 13.1. ASEAN
• 13.2. GCC
• 13.3. European Union
• 13.4. BRICS
• 13.5. G7
• 13.6. NATO

14. Carbon Capture & Sequestration Market, by Country

• 14.1. United States
• 14.2. Canada
• 14.3. Mexico
• 14.4. Brazil
• 14.5. United Kingdom
• 14.6. Germany
• 14.7. France
• 14.8. Russia
• 14.9. Italy
• 14.10. Spain
• 14.11. China
• 14.12. India
• 14.13. Japan
• 14.14. Australia
• 14.15. South Korea

15. Competitive Landscape

• 15.1. Market Share Analysis, 2024
• 15.2. FPNV Positioning Matrix, 2024
• 15.3. Competitive Analysis
  • 15.3.1. Shell plc
  • 15.3.2. Exxon Mobil Corporation
  • 15.3.3. Chevron Corporation
  • 15.3.4. Equinor ASA
  • 15.3.5. TotalEnergies SE
  • 15.3.6. Linde plc
  • 15.3.7. Air Products and Chemicals, Inc.
  • 15.3.8. Baker Hughes Company
  • 15.3.9. Halliburton Company
  • 15.3.10. TechnipFMC plc