Onboard Carbon Capture and Storage (OCCS) Market Report – Research, Industry Analysis Reports and Market Demands

Global Onboard Carbon Capture and Storage (OCCS) Market 2026 by Company, Regions, Type and Application, Forecast to 2032

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Table of Content

1 Market Overview

2 Company Profiles

3 Market Competition, by Players

3.1 Global Onboard Carbon Capture and Storage (OCCS) Revenue and Share by Players (2021-2026)
3.2 Market Share Analysis (2025)
- 3.2.1 Market Share of Onboard Carbon Capture and Storage (OCCS) by Company Revenue
- 3.2.2 Top 3 Onboard Carbon Capture and Storage (OCCS) Players Market Share in 2025
- 3.2.3 Top 6 Onboard Carbon Capture and Storage (OCCS) Players Market Share in 2025
3.3 Onboard Carbon Capture and Storage (OCCS) Market: Overall Company Footprint Analysis
- 3.3.1 Onboard Carbon Capture and Storage (OCCS) Market: Region Footprint
- 3.3.2 Onboard Carbon Capture and Storage (OCCS) Market: Company Product Type Footprint
- 3.3.3 Onboard Carbon Capture and Storage (OCCS) Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

4.1 Global Onboard Carbon Capture and Storage (OCCS) Consumption Value and Market Share by Type (2021-2026)
4.2 Global Onboard Carbon Capture and Storage (OCCS) Market Forecast by Type (2027-2032)

5 Market Size Segment by Application

5.1 Global Onboard Carbon Capture and Storage (OCCS) Consumption Value Market Share by Application (2021-2026)
5.2 Global Onboard Carbon Capture and Storage (OCCS) Market Forecast by Application (2027-2032)

6 North America

6.1 North America Onboard Carbon Capture and Storage (OCCS) Consumption Value by Type (2021-2032)
6.2 North America Onboard Carbon Capture and Storage (OCCS) Market Size by Application (2021-2032)
6.3 North America Onboard Carbon Capture and Storage (OCCS) Market Size by Country
- 6.3.1 North America Onboard Carbon Capture and Storage (OCCS) Consumption Value by Country (2021-2032)
- 6.3.2 United States Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 6.3.3 Canada Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 6.3.4 Mexico Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)

7 Europe

7.1 Europe Onboard Carbon Capture and Storage (OCCS) Consumption Value by Type (2021-2032)
7.2 Europe Onboard Carbon Capture and Storage (OCCS) Consumption Value by Application (2021-2032)
7.3 Europe Onboard Carbon Capture and Storage (OCCS) Market Size by Country
- 7.3.1 Europe Onboard Carbon Capture and Storage (OCCS) Consumption Value by Country (2021-2032)
- 7.3.2 Germany Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 7.3.3 France Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 7.3.4 United Kingdom Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 7.3.5 Russia Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 7.3.6 Italy Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)

8 Asia-Pacific

8.1 Asia-Pacific Onboard Carbon Capture and Storage (OCCS) Consumption Value by Type (2021-2032)
8.2 Asia-Pacific Onboard Carbon Capture and Storage (OCCS) Consumption Value by Application (2021-2032)
8.3 Asia-Pacific Onboard Carbon Capture and Storage (OCCS) Market Size by Region
- 8.3.1 Asia-Pacific Onboard Carbon Capture and Storage (OCCS) Consumption Value by Region (2021-2032)
- 8.3.2 China Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 8.3.3 Japan Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 8.3.4 South Korea Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 8.3.5 India Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 8.3.6 Southeast Asia Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 8.3.7 Australia Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)

9 South America

9.1 South America Onboard Carbon Capture and Storage (OCCS) Consumption Value by Type (2021-2032)
9.2 South America Onboard Carbon Capture and Storage (OCCS) Consumption Value by Application (2021-2032)
9.3 South America Onboard Carbon Capture and Storage (OCCS) Market Size by Country
- 9.3.1 South America Onboard Carbon Capture and Storage (OCCS) Consumption Value by Country (2021-2032)
- 9.3.2 Brazil Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 9.3.3 Argentina Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)

10 Middle East & Africa

10.1 Middle East & Africa Onboard Carbon Capture and Storage (OCCS) Consumption Value by Type (2021-2032)
10.2 Middle East & Africa Onboard Carbon Capture and Storage (OCCS) Consumption Value by Application (2021-2032)
10.3 Middle East & Africa Onboard Carbon Capture and Storage (OCCS) Market Size by Country
- 10.3.1 Middle East & Africa Onboard Carbon Capture and Storage (OCCS) Consumption Value by Country (2021-2032)
- 10.3.2 Turkey Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 10.3.3 Saudi Arabia Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)
- 10.3.4 UAE Onboard Carbon Capture and Storage (OCCS) Market Size and Forecast (2021-2032)

11 Market Dynamics

11.1 Onboard Carbon Capture and Storage (OCCS) Market Drivers
11.2 Onboard Carbon Capture and Storage (OCCS) Market Restraints
11.3 Onboard Carbon Capture and Storage (OCCS) Trends Analysis
11.4 Porters Five Forces Analysis
- 11.4.1 Threat of New Entrants
- 11.4.2 Bargaining Power of Suppliers
- 11.4.3 Bargaining Power of Buyers
- 11.4.4 Threat of Substitutes
- 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

12.1 Onboard Carbon Capture and Storage (OCCS) Industry Chain
12.2 Onboard Carbon Capture and Storage (OCCS) Upstream Analysis
12.3 Onboard Carbon Capture and Storage (OCCS) Midstream Analysis
12.4 Onboard Carbon Capture and Storage (OCCS) Downstream Analysis

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology
14.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Onboard Carbon Capture and Storage (OCCS) market size was valued at US$ 192 million in 2025 and is forecast to a readjusted size of US$ 871 million by 2032 with a CAGR of 26.9% during review period.
Onboard carbon capture and storage (OCCS) is a technological solution that involves capturing, liquefying, and temporarily storing carbon dioxide (CO2) directly on board the ship during navigation, using exhaust gases from its engines or boilers, and then unloading it to shore-based facilities for permanent geological storage after the ship docks. This technology is considered one of the core technological pathways for the international shipping industry to cope with increasingly stringent greenhouse gas emission reduction regulations and achieve the International Maritime Organization's (IMO) net-zero emission strategic goal around 2050.
At the technical implementation level, OCCS systems generally adopt post-combustion chemical absorption as the mainstream process. The basic process is as follows: exhaust gases from the ship's main and auxiliary engines first undergo pretreatment processes such as desulfurization, denitrification, and dust removal and cooling to remove sulfur oxides, nitrogen oxides, and particulate matter. The purified exhaust gases then enter an absorption tower where they come into full contact with an amine-based chemical solvent. The solvent selectively absorbs CO2, while the unabsorbed purified gas is directly released into the atmosphere. The rich liquid that has absorbed CO2 is regenerated by heating to release a high-concentration CO2 gas stream, and the regenerated lean liquid is cooled and recycled. The extracted high-purity carbon dioxide is liquefied through processes such as compression, dehydration, and condensation, and temporarily stored in dedicated cryogenic liquid carbon dioxide tanks on board. When the ship docks at a port with receiving capabilities, this liquid carbon dioxide is unloaded to a shore-based terminal via ship-to-shore connection facilities, and is ultimately transported to depleted oil and gas fields or deep brackish water layers for permanent storage, thus achieving a closed-loop chain of capture and storage.
Energy consumption and ship system integration will be key techno-economic factors determining the speed of market penetration. After CO2 capture, solvent regeneration, compression, drying, liquefaction, and storage are required, all of which consume steam, electricity, and cooling capacity. If additional energy is still primarily provided by ship fuel oil, the actual net emission reduction will be significantly lower than the system's nominal capture rate. A study by Det Norske Veritas (DNV) on large oil tankers shows that, without system optimization, onboard capture can result in approximately 9% to 24% additional energy consumption; while some retrofitting schemes can capture significant amounts of CO2, the net emission reduction level will decrease significantly after considering the additional fuel consumption. Therefore, future equipment development will increasingly emphasize the utilization of main engine waste heat, regenerative heat recovery, efficient compression liquefaction, and integrated design with the ship's steam, electricity, and cooling systems.
From a ship type and commercial application perspective, large bulk carriers, oil tankers, container ships, LNG carriers, and other large ocean-going merchant ships are expected to be the first markets to achieve large-scale application. These ships have high annual fuel consumption and high CO2 emissions per ship. Therefore, installing carbon capture and storage systems can result in more significant absolute emission reductions and potential carbon cost savings. Furthermore, their larger deck and engine room spaces are more suitable for accommodating capture, regeneration, liquefaction, and storage equipment. Fixed shipping routes are also crucial. Therefore, the future development of onboard carbon capture and storage will not be evenly distributed across all ships globally, but will instead focus first on fleets with larger emissions, suitable age and remaining lifespan, stable routes, and the ability to connect to CO2 receiving facilities.
Report Scope
This report is a detailed and comprehensive analysis for global Onboard Carbon Capture and Storage (OCCS) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Onboard Carbon Capture and Storage (OCCS) market size and forecasts, in consumption value ($ Million), 2021-2032
Global Onboard Carbon Capture and Storage (OCCS) market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Onboard Carbon Capture and Storage (OCCS) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Onboard Carbon Capture and Storage (OCCS) market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Onboard Carbon Capture and Storage (OCCS)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Onboard Carbon Capture and Storage (OCCS) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wärtsilä, Value Maritime, Seabound, Panasia, Ecospray, Langh Tech, Mitsubishi Shipbuilding, HD Hyundai Group, willbö, Carbon Ridge, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Onboard Carbon Capture and Storage (OCCS) market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Market segment by Type
Chemical Absorption
Alkaline/Mineralization Capture
Membrane Separation
Others
Market segment by Capture Rate
Below 30%
30-70%
Above 70%
Market segment by Application
Large Oil Tankers
Bulk Carriers
Container Ships
Gas Carriers
Others
Market segment by players, this report covers
Wärtsilä
Value Maritime
Seabound
Panasia
Ecospray
Langh Tech
Mitsubishi Shipbuilding
HD Hyundai Group
willbö
Carbon Ridge
Shanghai Qiyao Environmental Technology
CSSC Power Group
Sinotech Energy
Headway Technology Group
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
Chapter Outline
Chapter 1, to describe Onboard Carbon Capture and Storage (OCCS) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Onboard Carbon Capture and Storage (OCCS), with revenue, gross margin, and global market share of Onboard Carbon Capture and Storage (OCCS) from 2021 to 2026.
Chapter 3, the Onboard Carbon Capture and Storage (OCCS) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Onboard Carbon Capture and Storage (OCCS) market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Onboard Carbon Capture and Storage (OCCS).
Chapter 13, to describe Onboard Carbon Capture and Storage (OCCS) research findings and conclusion.

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