Middle East and Africa Carbon capture & Sequestration Market
The Middle East Africa, Carbon capture & Sequestration market is one of the largest markets valued at $122.6 million in 2013 and is forecasted to reach $273.7 million by 2019, growing at a CAGR of 17.4% from 2014 to 2019. Middle East and Africa had second largest market share in the carbon capture and sequestration in 2013.
The report “Middle East and Africa Carbon Capture & Sequestration Market forecast, 2014-2019” analyses by the types of technology and geography. In term of geography, this region is segmented into Algeria, Saudi Arab and U.A.E. The technologies include industrial separation, oxy- fuel combustion capture, post combustion capture and pre-combustion capture.
Growing climatic concerns speed up the market in developed countries and strict government policy is driving the growth of carbon capture and sequestration market in this region. Algeria is a key market of carbon capture and sequestration in the Middle East and African region.
The report in addition provides an extensive competitive landscaping of key companies operating in the carbon capture and sequestration market which include Shell, Fluor, Schlumberger, and others. The report also provides an extensive competitive landscaping of companies operating in this market, country wise market share, new product and services launches, M&A, product portfolio of key market players.
Additional Offer/Customization Option:
With Market data, you can also customize MMM assessments that meet your Company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:
Product benchmarking outlook
Information about the captured carbon in different industries
Information about technologies used by different companies
Improve understanding of storage processes and confirm their efficiency and effectiveness
Customer Segment Outlook
Key upcoming project analyses includes
o Project Name
o Developing company
o Feedstock
o Size (in MW)
o Capture process
o CO2 Fate
o Status
Cancelled and inactive projects with reasons
Marginal cost analysis of potential power plant deployment
Additional information on Enhance Oil Recovery (EOR) types includes
• Water flooding or water injection
• Gas injection
• Thermal recovery
• Chemical Injection
• Industry potential
Future prospects
Quick turn around on key upcoming CCS projects driving the demand
Analysis and impacts of local and regional environmental regulations by country
Market Capital Outlook
Capex information
• Historical and forecasted Capex information for each project
• Cost of CCS Components
Current Industry Challenges
Challenges faced in CCS industry
• Managing environmental and human safety risks associated with geologic storage of CO2
o Onshore
o Offshore
Risk management plans generally include
• Programmatic risks (including resource and management risks) that may inhibit project progress or costs
Role of CCS as a Mitigation Technology and Challenges to its Commercialization
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