According to a market report by Lucintel, the future of the global offshore carbon storage technology market looks promising with opportunities in the industrial, electricity, and oil & gas markets. The global offshore carbon storage technology market is expected to grow with a CAGR of 7.9% from 2025 to 2031. The major drivers for this market are the rising global carbon emissions and the growing demand for sustainable energy solutions.
A more than 150-page report to understand trends, opportunity and forecast in offshore carbon storage technology market to 2031 by type (physical sequestration and chemical sequestration), application (industrial, electricity, oil & gas, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, chemical sequestration is expected to witness higher growth over the forecast period.
Within the application category, electricity is expected to witness the highest growth.
Download sample by clicking on offshore carbon storage technology market
In terms of region, Europe is expected to witness the highest growth over the forecast period.
Aker Solutions, ExxonMobil Corporation, Shell Global, Equinor, TotalEnergies, SINTEF, Carbonvert, Mitsui, Japan CCS, Woodside Energy are the major suppliers in the offshore carbon storage technology market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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