Stricter climate regulations and net-zero commitments.
One of the main driving forces behind the CCUS market is the increasing pressure from governments and international organizations to achieve climate change targets. Countries are setting ambitious net-zero emission goals in line with the Paris Agreement, which mandates the decarbonization of heavy industry. Carbon pricing mechanisms, emissions trading systems (ETS), and decarbonization obligations in industries are encouraging companies to adopt CCUS as a compliance strategy. For example, the European Union's ETS raises the cost for emitters to release CO₂ without reduction, promoting the adoption of CCUS across the cement and steel sectors. Similarly, the UK's net-zero strategy encourages CCUS clusters like the East Coast Cluster, led by BP, Equinor, and National Grid Ventures, serving as a strong example of public-private partnership. 【Contents】 ■ Market Overview ■ Market Analysis (By Application, Component, Technology, End-use Industry) ■ Regional Market Analysis ■ Company Profiles
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Publisher: Visiongain Publication Month: April 2025 Report Language: English *For more details, please visit our website or refer to the sample materials.
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P4
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P2
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Data Resource Co., Ltd. provides valuable information and analytical data for business strategy planning, including the latest market information on telecommunications, computers, electronics, energy, and automotive-related sectors worldwide, as well as competitor strategies, the development of new technologies and services, regulations, and intellectual property.