Offshore Carbon Storage refers to the geological storage of carbon dioxide (CO2) beneath the seabed in underwater geological formations. This method is a subset of carbon capture and storage (CCS), a technology designed to mitigate climate change by capturing CO2 emissions from industrial processes and power plants and preventing their release into the atmosphere.
The global Offshore Carbon Storage market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
Publisher' newest research report, the “Offshore Carbon Storage Industry Forecast” looks at past sales and reviews total world Offshore Carbon Storage sales in 2023, providing a comprehensive analysis by region and market sector of projected Offshore Carbon Storage sales for 2024 through 2030. With Offshore Carbon Storage sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Offshore Carbon Storage industry.
This Insight Report provides a comprehensive analysis of the global Offshore Carbon Storage landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Offshore Carbon Storage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Offshore Carbon Storage market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Offshore Carbon Storage and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Offshore Carbon Storage.
United States market for Offshore Carbon Storage is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Offshore Carbon Storage is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Offshore Carbon Storage is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Offshore Carbon Storage players cover Aker Solutions, ExxonMobil Corporation, Shell Global, Mitsubishi Heavy Industries, Ltd and Equinor, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Offshore Carbon Storage market by product type, application, key players and key regions and countries.
Segmentation by type
Physical Sequestration
Chemical Sequestration
Segmentation by application
Industrial
Electricity
Oil & Gas
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aker Solutions
ExxonMobil Corporation
Shell Global
Mitsubishi Heavy Industries, Ltd
Equinor
TotalEnergies
SINTEF
Carbonvert
Mitsui & Co., Ltd.
Japan CCS Co., Ltd.
Woodside Energy
CNOOC
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Offshore Carbon Storage Market Size 2019-2030
2.1.2 Offshore Carbon Storage Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Offshore Carbon Storage Segment by Type
2.2.1 Physical Sequestration
2.2.2 Chemical Sequestration
2.3 Offshore Carbon Storage Market Size by Type
2.3.1 Offshore Carbon Storage Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Offshore Carbon Storage Market Size Market Share by Type (2019-2024)
2.4 Offshore Carbon Storage Segment by Application
2.4.1 Industrial
2.4.2 Electricity
2.4.3 Oil & Gas
2.4.4 Other
2.5 Offshore Carbon Storage Market Size by Application
2.5.1 Offshore Carbon Storage Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Offshore Carbon Storage Market Size Market Share by Application (2019-2024)
3 Offshore Carbon Storage Market Size by Player
3.1 Offshore Carbon Storage Market Size Market Share by Players
3.1.1 Global Offshore Carbon Storage Revenue by Players (2019-2024)
3.1.2 Global Offshore Carbon Storage Revenue Market Share by Players (2019-2024)
3.2 Global Offshore Carbon Storage Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Offshore Carbon Storage by Regions
4.1 Offshore Carbon Storage Market Size by Regions (2019-2024)
4.2 Americas Offshore Carbon Storage Market Size Growth (2019-2024)
4.3 APAC Offshore Carbon Storage Market Size Growth (2019-2024)
4.4 Europe Offshore Carbon Storage Market Size Growth (2019-2024)
4.5 Middle East & Africa Offshore Carbon Storage Market Size Growth (2019-2024)
5 Americas
5.1 Americas Offshore Carbon Storage Market Size by Country (2019-2024)
5.2 Americas Offshore Carbon Storage Market Size by Type (2019-2024)
5.3 Americas Offshore Carbon Storage Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Offshore Carbon Storage Market Size by Region (2019-2024)
6.2 APAC Offshore Carbon Storage Market Size by Type (2019-2024)
6.3 APAC Offshore Carbon Storage Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Offshore Carbon Storage by Country (2019-2024)
7.2 Europe Offshore Carbon Storage Market Size by Type (2019-2024)
7.3 Europe Offshore Carbon Storage Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Offshore Carbon Storage by Region (2019-2024)
8.2 Middle East & Africa Offshore Carbon Storage Market Size by Type (2019-2024)
8.3 Middle East & Africa Offshore Carbon Storage Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Offshore Carbon Storage Market Forecast
10.1 Global Offshore Carbon Storage Forecast by Regions (2025-2030)
10.1.1 Global Offshore Carbon Storage Forecast by Regions (2025-2030)
10.1.2 Americas Offshore Carbon Storage Forecast
10.1.3 APAC Offshore Carbon Storage Forecast
10.1.4 Europe Offshore Carbon Storage Forecast
10.1.5 Middle East & Africa Offshore Carbon Storage Forecast
10.2 Americas Offshore Carbon Storage Forecast by Country (2025-2030)
10.2.1 United States Offshore Carbon Storage Market Forecast
10.2.2 Canada Offshore Carbon Storage Market Forecast
10.2.3 Mexico Offshore Carbon Storage Market Forecast
10.2.4 Brazil Offshore Carbon Storage Market Forecast
10.3 APAC Offshore Carbon Storage Forecast by Region (2025-2030)
10.3.1 China Offshore Carbon Storage Market Forecast
10.3.2 Japan Offshore Carbon Storage Market Forecast
10.3.3 Korea Offshore Carbon Storage Market Forecast
10.3.4 Southeast Asia Offshore Carbon Storage Market Forecast
10.3.5 India Offshore Carbon Storage Market Forecast
10.3.6 Australia Offshore Carbon Storage Market Forecast
10.4 Europe Offshore Carbon Storage Forecast by Country (2025-2030)
10.4.1 Germany Offshore Carbon Storage Market Forecast
10.4.2 France Offshore Carbon Storage Market Forecast
10.4.3 UK Offshore Carbon Storage Market Forecast
10.4.4 Italy Offshore Carbon Storage Market Forecast
10.4.5 Russia Offshore Carbon Storage Market Forecast
10.5 Middle East & Africa Offshore Carbon Storage Forecast by Region (2025-2030)
10.5.1 Egypt Offshore Carbon Storage Market Forecast
10.5.2 South Africa Offshore Carbon Storage Market Forecast
10.5.3 Israel Offshore Carbon Storage Market Forecast
10.5.4 Turkey Offshore Carbon Storage Market Forecast
10.5.5 GCC Countries Offshore Carbon Storage Market Forecast
10.6 Global Offshore Carbon Storage Forecast by Type (2025-2030)
10.7 Global Offshore Carbon Storage Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Aker Solutions
11.1.1 Aker Solutions Company Information
11.1.2 Aker Solutions Offshore Carbon Storage Product Offered
11.1.3 Aker Solutions Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Aker Solutions Main Business Overview
11.1.5 Aker Solutions Latest Developments
11.2 ExxonMobil Corporation
11.2.1 ExxonMobil Corporation Company Information
11.2.2 ExxonMobil Corporation Offshore Carbon Storage Product Offered
11.2.3 ExxonMobil Corporation Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 ExxonMobil Corporation Main Business Overview
11.2.5 ExxonMobil Corporation Latest Developments
11.3 Shell Global
11.3.1 Shell Global Company Information
11.3.2 Shell Global Offshore Carbon Storage Product Offered
11.3.3 Shell Global Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Shell Global Main Business Overview
11.3.5 Shell Global Latest Developments
11.4 Mitsubishi Heavy Industries, Ltd
11.4.1 Mitsubishi Heavy Industries, Ltd Company Information
11.4.2 Mitsubishi Heavy Industries, Ltd Offshore Carbon Storage Product Offered
11.4.3 Mitsubishi Heavy Industries, Ltd Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Mitsubishi Heavy Industries, Ltd Main Business Overview
11.4.5 Mitsubishi Heavy Industries, Ltd Latest Developments
11.5 Equinor
11.5.1 Equinor Company Information
11.5.2 Equinor Offshore Carbon Storage Product Offered
11.5.3 Equinor Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Equinor Main Business Overview
11.5.5 Equinor Latest Developments
11.6 TotalEnergies
11.6.1 TotalEnergies Company Information
11.6.2 TotalEnergies Offshore Carbon Storage Product Offered
11.6.3 TotalEnergies Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 TotalEnergies Main Business Overview
11.6.5 TotalEnergies Latest Developments
11.7 SINTEF
11.7.1 SINTEF Company Information
11.7.2 SINTEF Offshore Carbon Storage Product Offered
11.7.3 SINTEF Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 SINTEF Main Business Overview
11.7.5 SINTEF Latest Developments
11.8 Carbonvert
11.8.1 Carbonvert Company Information
11.8.2 Carbonvert Offshore Carbon Storage Product Offered
11.8.3 Carbonvert Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Carbonvert Main Business Overview
11.8.5 Carbonvert Latest Developments
11.9 Mitsui & Co., Ltd.
11.9.1 Mitsui & Co., Ltd. Company Information
11.9.2 Mitsui & Co., Ltd. Offshore Carbon Storage Product Offered
11.9.3 Mitsui & Co., Ltd. Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Mitsui & Co., Ltd. Main Business Overview
11.9.5 Mitsui & Co., Ltd. Latest Developments
11.10 Japan CCS Co., Ltd.
11.10.1 Japan CCS Co., Ltd. Company Information
11.10.2 Japan CCS Co., Ltd. Offshore Carbon Storage Product Offered
11.10.3 Japan CCS Co., Ltd. Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Japan CCS Co., Ltd. Main Business Overview
11.10.5 Japan CCS Co., Ltd. Latest Developments
11.11 Woodside Energy
11.11.1 Woodside Energy Company Information
11.11.2 Woodside Energy Offshore Carbon Storage Product Offered
11.11.3 Woodside Energy Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Woodside Energy Main Business Overview
11.11.5 Woodside Energy Latest Developments
11.12 CNOOC
11.12.1 CNOOC Company Information
11.12.2 CNOOC Offshore Carbon Storage Product Offered
11.12.3 CNOOC Offshore Carbon Storage Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 CNOOC Main Business Overview
11.12.5 CNOOC Latest Developments
12 Research Findings and Conclusion
*If Applicable.