Carbon Capture, Utilization, and Storage (CCUS) Market to Reach $10.3 billion, Globally, by 2032 at 13.3% CAGR: Allied Market Research [Yahoo! Finance]
Fluor Corporation (FLR)
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Source: Yahoo! Finance
The increase in demand for CO2 in EOR technology is expected to drive the demand for the CCUS market. In addition, growth in awareness of global warming and strict regulations of the government toward carbon emissions have led to the utilization of CCUS technology. PORTLAND, Ore. April 5, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Carbon Capture, Utilization, and Storage (CCUS) Market by Service (Capture, Transportation, Utilization, and Storage), Technology (Pre-Combustion Capture, Oxy-Fuel Combustion Capture, and Post-Combustion Capture), and Application (Oil and Gas, Power Generation, Iron and Steel, Chemical and Petrochemical, Cement, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032" . According to the report, the "carbon capture, utilization, and storage (ccus) market" was valued at $3 billion in 2022, and is estimated to reach $10.3 billion by 2032, growing at a CAGR of 13.3% from 2023 to 2032. Download PDF Brochure: http
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