Carbon Neutrality Market: A Look at the Industry's Current Status and Future Out

1. Carbon Neutrality Market Size Worth USD 19.95 Billion in 2032 www.emergenresearch.com Growing preference for renewable sources of energy and environmental sustainability is a key factor driving carbon neutrality market revenue growth . 2

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4. Industries We Cater to Food & Beverages Foods & Beverage, Food Ingredients, Food Processing and Equipment, Food Testing and Supply Chain, Health Food and Sports Nutrition, Frozen and Processed Food, Household, Retail Power & Energy Oil and Gas, Electricity, Energy Storage, Environmental, Renewable Energy Automotive Services Information and Tech Electric and Hybrid Vehicles, Off Highway and On Highway Vehicles, Aftermarket and Maintenance, Automotive Parts, Interior and Exterior Materials, Automotive electronics and Systems Data Security, Cloud Computing, IoT and Digitalization, Robotics, Telecom and Networking, Software and Services, Analytics, Semiconductor, Internet and E-Commerce www.emergenresearch.com Pharma & Healthcare Materials and Chemicals Medical Devices, Therapeutics, Biotechnology, Medical Imaging, Healthcare IT, Hospital Management, Diagnostics, Laboratory Equipment, Pharmaceutical Organic Chemicals, Disinfectants and Preservatives, Adhesives and Sealants, Polymers and Resins, Petrochemicals, Agrochemicals and Fertilizers, Paints and Coatings 5

5. Market Summary The global carbon neutrality market size was USD 10.31 Billion in 2022 and is expected to register a steady revenue CAGR of 6.9% during the forecast period, according to latest analysis by Emergen Research. Growing preference for renewable sources of energy and environmental sustainability is one of the key factors driving market revenue growth. In addition, surge in number of government initiatives and policies for reduced carbon emissions and increasing public awareness and engagement to promote climate action are other factors driving revenue growth of the market. Carbon neutrality improves biodiversity, thereby helping in restoring natural habitats, which are vital to the health of planet and its inhabitants. According to a new study published in Nature Climate Change, reducing emissions to lessen climate change could have significant health benefits by 2030. This study discovered that reducing emissions from fossil fuels and other sources could prevent up to 1.7 million premature deaths from air pollution, up to 4.8 million malaria cases, and up to 2.2 billion cases of diarrhea by 2030. Various governments have committed to a legally binding objective of net zero emissions by 2050, with smaller enterprises pivotal in net zero. Carbon sequestration agriculture benefits include reducing atmospheric greenhouse gas concentrations, improving soil health, and increasing crop yields. Moreover, this can provide economic and social benefits such as providing new income sources for farmers and providing additional employment opportunities. Energy-intensive sectors are a major source of greenhouse gas emissions, accounting for around 25% of total CO2 emissions worldwide.  Read More : https://www.emergenresearch.com/industry-report/carbon-neutrality-market www.emergenresearch.com

6. Market Summary Some Key Highlights From the Report The emission reduction management segment is expected to register a significantly fast revenue growth rate over the forecast period. Emission reduction management in carbon neutrality involves implementing specific strategies to reduce or offset emissions of greenhouse gases. This includes researching and implementing renewable energy sources, reducing energy consumption through energy efficiency measures, and offsetting emissions through carbon credits. The services segment accounted for comparatively larger revenue share in 2022. Carbon neutrality services can help businesses and individuals become more sustainable and reduce their environmental impact. These services include carbon footprint assessments to determine sources of carbon dioxide emissions, carbon offsetting programs to reduce emissions, and investments in renewable energy sources. The energy & utilities segment is expected to register a significantly fast revenue growth rate over the forecast period. The energy industry is main contributor to global greenhouse gas emissions. The energy industry is transitioning from fossil fuels to renewable sources of energy, such as solar, wind, and hydropower, to achieve carbon neutrality. As a part of this transition, energy efficiency measures are increasingly employed to reduce waste and maximize energy output. Request Free Sample : https://www.emergenresearch.com/request-sample/1594 www.emergenresearch.com

7. Market Summary • The Global Carbon Neutrality Market based on Activity, Component, Verticals, And Region: • Activity Outlook (Revenue, USD Billion; 2019-2032) • Emissions reduction management • Renewable energy management • Waste management • Product Lifecycle Management (PLM) • Component Outlook (Revenue, USD Billion; 2019-2032) • Solutions • Services • Verticals Outlook (Revenue, USD Billion; 2019-2032) • Manufacturing • Shipping and logistics • Energy & utilities • Construction • Automotive • Food & beverages • Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1594

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