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Carbon Capture, Utilization, and Storage Market Growth and Forecast Report 2030
The North American carbon capture, utilization, and storage market had an over 35% share of the revenue in 2021, and it will maintain its position in the coming years.
By: P&S Intelligence
Startups engaged in the creation of cutting-edge carbon capture technology are receiving funding from investors and venture capital firms. For instance, Despite the COVID-19 epidemic, VC-backed firms got investments totaling over $325 million in 2020, an increase of almost $75 million from the previous year.
In the past, the North American carbon capture, utilization, and storage market contributed to more than 35% of total revenue; this position is anticipated to hold during the projection period. This is attributed to both the rising integration of CCUS projects with anticipated liquified natural gas developments in the region and the rising demand for goods and fuels with a smaller carbon footprint.
However, over the projection period, the APAC carbon capture, utilization, and storage market (https://www.psmarketresearch.com/