Advancements in Carbon Capture Technology Fueling Growth in the...

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2025-08-21 12:04:17

Advancements in Carbon Capture Technology Fueling Growth in the Carbon Capture, Utilization, and Storage Market Globally

Global Carbon Capture, Utilization and Storage Market reached US$ 3.0 Billion in 2023 and is expected to reach US$ 16.5 Billion by 2031, growing with a CAGR of 24.0% during the forecast period 2024-2031. Carbon Capture, Utilization, and Storage (CCUS), also referred to as carbon capture, utilization, and sequestration, is a suite of technologies designed to mitigate climate change by...

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