What is Onboard Carbon Capture System - Global Market?
Onboard Carbon Capture Systems (OCCS) are innovative technologies designed to capture carbon dioxide emissions directly from the exhaust systems of vehicles, ships, and aircraft. These systems aim to reduce the carbon footprint of transportation modes by capturing CO2 before it is released into the atmosphere. The global market for OCCS is gaining traction due to increasing environmental regulations and the urgent need to combat climate change. These systems work by integrating carbon capture technology into the onboard systems of various transportation modes, allowing for the capture and storage of CO2 emissions during operation. The captured carbon can then be stored or utilized in other processes, such as enhanced oil recovery or as a raw material in industrial applications. The market is driven by advancements in carbon capture technology, growing awareness of environmental issues, and supportive government policies. As industries and governments worldwide strive to meet carbon reduction targets, the demand for efficient and effective carbon capture solutions is expected to rise, making OCCS a critical component in the global effort to reduce greenhouse gas emissions.
Pre-Combustion, Oxy-Combustion, Post-Combustion in the Onboard Carbon Capture System - Global Market:
Pre-combustion, oxy-combustion, and post-combustion are three primary methods used in onboard carbon capture systems to manage and reduce carbon emissions. Pre-combustion involves the removal of carbon dioxide before the fuel is burned. This process typically includes gasifying the fuel to produce a mixture of hydrogen and carbon monoxide, which is then converted into CO2 and hydrogen through a reaction with steam. The CO2 is captured before combustion, and the hydrogen is used as a clean fuel. This method is advantageous because it allows for the capture of CO2 at a higher concentration, making the capture process more efficient. However, it requires significant modifications to existing engines and fuel systems, which can be costly and complex.
Ship, Aircraft, Vehicle, Others in the Onboard Carbon Capture System - Global Market:
Oxy-combustion, on the other hand, involves burning fuel in pure oxygen instead of air. This process results in a flue gas that is primarily composed of CO2 and water vapor, making it easier to separate and capture the CO2. The main advantage of oxy-combustion is the high purity of the CO2 stream, which simplifies the capture process. However, the need for an oxygen supply system and the energy required to produce pure oxygen can be significant drawbacks. This method is still under development for onboard applications, as it requires substantial changes to the combustion process and equipment.
Onboard Carbon Capture System - Global Market Outlook:
Post-combustion is the most commonly used method for carbon capture and involves capturing CO2 from the exhaust gases after the fuel has been burned. This method can be retrofitted to existing engines and systems, making it a more flexible and cost-effective option. The captured CO2 is typically absorbed using chemical solvents, which are then regenerated to release the CO2 for storage or utilization. While post-combustion systems are widely used in stationary applications, adapting them for onboard use presents challenges, such as space constraints and the need for lightweight materials. Despite these challenges, post-combustion remains a promising option for onboard carbon capture due to its adaptability and relatively lower implementation costs.
| Report Metric | Details |
| Report Name | Onboard Carbon Capture System - Market |
| Forecasted market size in 2030 | US$ 1631.3 million |
| CAGR | 8.3% |
| Forecasted years | 2024 - 2030 |
| Segment by Type: |
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| Segment by Application |
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| By Region |
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| By Company | Alfa Laval, MAN Energy Solutions, Wartsila Corporation, Panasia, Aker Carbon Capture, Samsung Heavy Industries, Carbon Engineering, Saudi Arabian Oil, LanzaTech, BASF |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
