Carbon capture and storage market projected to reach $389 billion by 2014

The cumulative capital base of carbon capture and storage amounted to $125.4 billion in 2009. This figure is projected to reach $389 billion by 2014 at a compound annual growth rate (CAGR) of 25.4% from 2009 to 2014.

Learn about the major markets for carbon dioxide capture and storage (CCS) technology with forecasts through 2014, the status of competing carbon capture technologies as well as global technological research and development (R&D) for carbon capture technologies to prevent global warming.

Use this report to:

• Learn about current carbon capture & storage technologies and emerging technologies that could compete with or displace existing ones
• Anticipate and prepare for trends in global technological R&D for carbon capture from the generation of electric power from coal, oil, and natural gas that can be expected during the next 5 years 
• Formulate business growth strategies based on the projected value of equipment needed on the ground to capture carbon dioxide in the major capture categories used by utilities, including pre-combustion, combustion, and post-combustion 
• Develop competitive strategies based on an analysis of established companies and how they are positioning their technology, as well as start-up companies with novel technology.

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Value Cumulative Capital Base of CCS Technologies through 2014