|CO2 Management and Utilization Technology Landscape in China 2021|
The Chinese government announced ambitious goals to peak carbon dioxide (CO2) emission in 2030 and reach carbon neutrality by 2060, and a number of relevant stage goals are set up for the period 2021 to 2030. The Chinese regulations on carbon trading (carbon tax) was released at the beginning of February 2021, and is expected to accelerate the market demands from industrial players with high CO2 emissions, such as thermal power plants, coal chemicals, petrochemicals, and steel companies, among others, in CO2 management and utilization technologies, and therefore offering vast business opportunities to the relevant technology and business developers around the world.
Innova Research published its first “CO2 management and utilization technology in China 2019 Edition” report two years ago, and this is the company’s second report to update the Chinese CO2 management and utilization technology landscape. The new report provides an analysis on a pathway towards carbon neutrality in China by 2060. It exams the Chinese carbon capture, utilization, and storage (CCUS) industry value chain, and identifies the relevant pilot and commercial CCUS projects in China. These projects and their CO2 treatment capacities are further split by region, by project status (running, closed, launching), and by downstream applications, namely, agrochemical, building material, fuel and chemical, healthcare supplemental, polymer and bioplastics, enhance oil recovery (EOR), and others, respectively. Moreover, new Chinese regulations on carbon emission are analyzed, and lists of the CCUS projects and the leading technology developers, including leading technological companies and leading professors in CCUS technology field are also provided.
· How many CCUS projects are there in China and what are their CO2 treatment capacities in 2020? How will the capacities change in the next 10 years?
· How are the Chinese CO2 treatment projects and their capacities split by region, by project status, and by downstream application in 2020?
· What are the major value-added downstream products in the Chinese CO2 utilization industry value chain?
· How will the Chinese CO2 treatment capacities grow in the future? What are the market drivers and barriers?
· Who are the leading technology companies and leading academic professors in CO2 treatment field in China? What are their technology focuses and business models?
· How will the Chinese CCUS regulaions change and what are their influences on the CO2 management and utilization market in China?
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