In order to reach the basic materials industry's net-zero emissions goal by 2050, an increase of the carbon capture and storage (CCS) capacity is required. The cement industry alone would need a CCS capacity of 1.37 billion tons of CO₂ per year, while the ammonia industry would require some 55 million tons of CO₂ per year worth of CCS to reach the net-zero target by 2050.
Required carbon capture and storage (CCS) capacity for net-zero basic materials industry worldwide by 2050, by segment
(in million tons CO₂ per year)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
World Economic Forum. (November 28, 2023). Required carbon capture and storage (CCS) capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons CO₂ per year) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/
World Economic Forum. "Required carbon capture and storage (CCS) capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons CO₂ per year)." Chart. November 28, 2023. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/
World Economic Forum. (2023). Required carbon capture and storage (CCS) capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons CO₂ per year). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/
World Economic Forum. "Required Carbon Capture and Storage (Ccs) Capacity for Net-zero Basic Materials Industry Worldwide by 2050, by Segment (in Million Tons Co₂ per Year)." Statista, Statista Inc., 28 Nov 2023, https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/
World Economic Forum, Required carbon capture and storage (CCS) capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons CO₂ per year) Statista, https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/ (last visited January 08, 2025)
Required carbon capture and storage (CCS) capacity for net-zero basic materials industry worldwide by 2050, by segment (in million tons CO₂ per year) [Graph], World Economic Forum, November 28, 2023. [Online]. Available: https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/
