Report Overview
Carbon Capture Technology, also referred to as Carbon Capture and Storage (CCS), encompasses a suite of technologies designed to prevent the release of large quantities of carbon dioxide (CO2) into the atmosphere. It involves capturing CO2 emissions at their source, such as power plants or industrial processes, transporting the captured gas, and storing it underground in geological formations or utilizing it for various industrial applications. This technology is a critical component in the global strategy to combat climate change by reducing greenhouse gas emissions.
As governments and industries face mounting pressure to transition towards net-zero carbon emissions, carbon capture has emerged as a practical and scalable solution.
Market Analysis
As of 2024, the Global Commercial Real Estate Market was valued at approximately USD 14.5 trillion. It is projected to reach USD 20.3 trillion by 2032, growing at a CAGR of 4.1% during the forecast period of 2025 to 2032.
This impressive growth trajectory is fueled by rapid urbanization, increased demand for commercial spaces, and evolving economic dynamics across developing and developed nations alike.
