DUBLIN, Dec. 18, 2023 /PRNewswire/ — The “Growth Opportunities in Carbon Capturing Across Industrial Applications” report has been added to ResearchAndMarkets.com’s offering.
This research study identifies the three pillars of CCUS: Government, Technology, and Environment. Many countries enact initiatives and allocate funding to meet net zero commitments. The report identifies notable incentives and project rollouts by leading economies. It also highlights the main technologies catering to the needs of the CCUS process and enhancing overall process efficiency.
Carbon capture utilization and storage is gaining industry traction as a highly effective decarbonizing strategy. Global efforts to combat climate change, government incentives and industrial emission regulations, eco-conscious consumers, and green technology advancements are among the factors driving the need for CCUS solutions.
CCUS implementation can only succeed when forces, including technology maturity, regulatory support, and industrial collaborations, align to create cross-sectoral benefits. As the rising carbon footprint is among the primary drivers of CCUS deployment, industries increasingly recognize CCUS as the tool for decarbonization to achieve zero emission goals in the short term.
Despite its potential, CCUS has potential risks and challenges linked to its implementation owing to the lack of technology maturity. Implementing the CCUS value chain also requires significant investment, leading to low adoption levels among small and medium businesses. Uncertainty around CO2 storage can lead to post-closure leakage that deters potential investors and developers.
This necessitates innovative CCUS business models, industry-government collaboration, and targeted investment strategies to mitigate these issues, contributing toward developing cost-effective technologies that will scale up the trend adoption levels in the long term.
This study advocates for strategic collaboration and forward-thinking investment approaches to facilitate the roll-out of disruption-proof CCUS models. The insights aim to empower business leaders to not only navigate but also shape the evolving CCUS market with confidence and vision.
Key Topics Covered:
1. Strategic Imperative
- Why Is It Increasingly Difficult to Grow?
- The Strategic Imperative
- The Mega Trend Universe: Overview
- Growth Opportunities Fuel the Growth Pipeline Engine
2. Executive Dashboard
- The Mega Trend Universe: Carbon Capturing Across Industries
- Key Findings
- Growth Opportunities Essential to Future Success
3. Strategic Context
- Trend Opportunity Overview: Carbon Capturing Across Industries
- Trend Opportunity Overview: Future of CCUS
- New Government Initiatives and Regulations Driving Carbon Capturing Across Industries
- Adoption of Modern Technologies Enabling CCUS
- Adoption of Modern Technology: Representative Case Studies
- Environmental Factors Driving Carbon Capturing Across Industries
- Companies in Action: LafargeHolcim, Cement Manufacturer
- Trend Opportunity Levers: Drivers of Change Until 2031
- Trend Attractiveness Analysis
4. Trend Opportunity Analysis
- Trend Opportunity Impact and Certainty Analysis
- Trend Opportunity Disruption Index
- Trend Disruption Attractiveness Score
- Trend Opportunity Growth Index
- Growth Attractiveness Score
- Trends BEETS Implications
5. Growth Opportunity Universe
- Growth Opportunity 1: Carbon Credit Marketplaces
- Growth Opportunity 2: Carbon Farming
- Growth Opportunity 3: CCS-as-a-Service
6. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/q3flre
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