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
The global Bronchial Stents Market was valued at US$ 247.5 million in 2024 and is expected to reach US$ 311.2 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 2.9% during the forecast period.
This moderate yet steady growth is underpinned by a rising prevalence of respiratory disorders and advancements in bronchoscopic techniques.
