India Carbon Capture, Utilization, and Storage Market (2025-2031) Outlook | Trends, Size, Forecast, Share, Revenue, Analysis, Industry, Value, Growth & Companies

Market Forecast By Service (Capture, Transportation, Utilization, Storage), By Technology (Chemical Looping, Solvents & Sorbent, Bio-Energy CCS, Direct Air Capture) And Competitive Landscape
Product Code: ETC4485265 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Carbon Capture, Utilization, And Storage Market Import Shipment Trend (2020-2024)

The India carbon capture, utilization, and storage market import shipments demonstrated strong consistent growth from 2020 to 2024, with a notable CAGR of 13.6%. The market particularly accelerated between 2023 and 2024, showcasing a remarkable growth rate of 75.8%. Overall, the market expanded dynamically, indicating a promising upward trend.

Graph Showing India carbon capture, utilization, and storage market Shipment Trend & Volume from 2020-2024

India Carbon Capture Utilization and Storage Market Overview

The India Carbon Capture Utilization and Storage Market are critical for mitigating greenhouse gas emissions. It involves capturing carbon dioxide from industrial processes and storing or utilizing it. With increasing environmental regulations and corporate sustainability initiatives, this market is poised for growth.

Drivers of the Market

The carbon capture, utilization, and storage market is driven by efforts to mitigate climate change and reduce carbon emissions from industries. As environmental concerns grow, there is a need to capture and store carbon dioxide emissions, creating opportunities for technology providers and service companies in this field.

Challenges of the Market

The development and implementation of carbon capture, utilization, and storage (CCUS) technologies in India face several challenges. Firstly, there`s a significant financial burden associated with setting up and maintaining CCUS infrastructure. The costs are often prohibitively high, and securing funding and investment can be a major hurdle. Additionally, the lack of clear and comprehensive regulatory frameworks for CCUS in India poses challenges, as it can lead to uncertainty in terms of compliance and liability. Furthermore, public acceptance and awareness of CCUS technologies need to be addressed, as there can be concerns about safety, environmental impact, and the long-term effectiveness of such solutions.

COVID-19 Impact on the Market

The COVID-19 pandemic underscored the significance of environmental sustainability, including carbon capture, but it also presented financial challenges to the India carbon capture utilization and storage market. Delays in project implementation and reduced funding affected the growth rate of the market. However, as governments and industries reevaluate their environmental commitments post-pandemic, there is a renewed focus on carbon capture technologies. Long-term, the market is expected to benefit from these environmental imperatives.

Key Players in the Market

Key Players in the market are Carbon Clean Solutions Pvt Ltd, Siemens Ltd, Linde India Ltd, Alstom India Ltd, Tata Consultancy Services.

Key Highlights of the Report:

  • India Carbon Capture, Utilization, and Storage Market Outlook
  • Market Size of India Carbon Capture, Utilization, and Storage Market, 2024
  • Forecast of India Carbon Capture, Utilization, and Storage Market, 2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Revenues & Volume for the Period 2021-2031
  • India Carbon Capture, Utilization, and Storage Market Trend Evolution
  • India Carbon Capture, Utilization, and Storage Market Drivers and Challenges
  • India Carbon Capture, Utilization, and Storage Price Trends
  • India Carbon Capture, Utilization, and Storage Porter's Five Forces
  • India Carbon Capture, Utilization, and Storage Industry Life Cycle
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Service for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Capture for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Transportation for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Utilization for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Storage for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Chemical Looping for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Solvents & Sorbent for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Bio-Energy CCS for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Capture, Utilization, and Storage Market Revenues & Volume By Direct Air Capture for the Period 2021-2031
  • India Carbon Capture, Utilization, and Storage Import Export Trade Statistics
  • Market Opportunity Assessment By Service
  • Market Opportunity Assessment By Technology
  • India Carbon Capture, Utilization, and Storage Top Companies Market Share
  • India Carbon Capture, Utilization, and Storage Competitive Benchmarking By Technical and Operational Parameters
  • India Carbon Capture, Utilization, and Storage Company Profiles
  • India Carbon Capture, Utilization, and Storage Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Carbon Capture, Utilization, and Storage Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, 2021 & 2031F

3.3 India Carbon Capture, Utilization, and Storage Market - Industry Life Cycle

3.4 India Carbon Capture, Utilization, and Storage Market - Porter's Five Forces

3.5 India Carbon Capture, Utilization, and Storage Market Revenues & Volume Share, By Service, 2021 & 2031F

3.6 India Carbon Capture, Utilization, and Storage Market Revenues & Volume Share, By Technology, 2021 & 2031F

4 India Carbon Capture, Utilization, and Storage Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing environmental regulations and government initiatives promoting carbon capture, utilization, and storage (CCUS) technologies

4.2.2 Growing awareness and concerns about climate change and the need for sustainable energy solutions

4.2.3 Technological advancements and innovation in CCUS technologies driving efficiency and cost-effectiveness

4.3 Market Restraints

4.3.1 High initial capital investments required for setting up CCUS infrastructure

4.3.2 Lack of comprehensive policy frameworks and incentives to accelerate the adoption of CCUS technologies

4.3.3 Potential challenges in securing long-term financing for CCUS projects

5 India Carbon Capture, Utilization, and Storage Market Trends

6 India Carbon Capture, Utilization, and Storage Market, By Types

6.1 India Carbon Capture, Utilization, and Storage Market, By Service

6.1.1 Overview and Analysis

6.1.2 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, By Service, 2021-2031F

6.1.3 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, By Capture, 2021-2031F

6.1.4 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, By Transportation, 2021-2031F

6.1.5 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, By Utilization, 2021-2031F

6.1.6 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, By Storage, 2021-2031F

6.2 India Carbon Capture, Utilization, and Storage Market, By Technology

6.2.1 Overview and Analysis

6.2.2 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, By Chemical Looping, 2021-2031F

6.2.3 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, By Solvents & Sorbent, 2021-2031F

6.2.4 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, By Bio-Energy CCS, 2021-2031F

6.2.5 India Carbon Capture, Utilization, and Storage Market Revenues & Volume, By Direct Air Capture, 2021-2031F

7 India Carbon Capture, Utilization, and Storage Market Import-Export Trade Statistics

7.1 India Carbon Capture, Utilization, and Storage Market Export to Major Countries

7.2 India Carbon Capture, Utilization, and Storage Market Imports from Major Countries

8 India Carbon Capture, Utilization, and Storage Market Key Performance Indicators

8.1 Carbon capture capacity additions in India

8.2 Number of government-funded CCUS projects initiated

8.3 Research and development investments in CCUS technologies

8.4 Carbon offset credits generated through CCUS projects

8.5 Adoption rate of CCUS technologies by key industries in India

9 India Carbon Capture, Utilization, and Storage Market - Opportunity Assessment

9.1 India Carbon Capture, Utilization, and Storage Market Opportunity Assessment, By Service, 2021 & 2031F

9.2 India Carbon Capture, Utilization, and Storage Market Opportunity Assessment, By Technology, 2021 & 2031F

10 India Carbon Capture, Utilization, and Storage Market - Competitive Landscape

10.1 India Carbon Capture, Utilization, and Storage Market Revenue Share, By Companies, 2024

10.2 India Carbon Capture, Utilization, and Storage Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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