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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Data Resources, Inc. since its establishment in 1995, has been working as an information sales agent, selling market research reports and annual subscription services, and also providing custom research and consulting services to Japanese and overseas customers. Data Resources offers such services to marketing and research personnel at telecommunication operators, IT services providers, semiconductor makers, automobile manufacturers, auto component manufacturers, electronics manufacturers, and materials manufacturers. Data Resources provides customers with the highest quality solutions available.
