A Comprehensive Guide to the Carbon Neutrality Industry

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Carbon Neutrality Market Size Worth USD 19.95
Billion in 2032
Growing preference for renewable sources of
energy and environmental sustainability is a key
factor driving carbon neutrality market revenue
growth
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Industries We Cater to
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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.  Read More https//www.emergenre
search.com/industry-report/carbon-neutrality-marke
t
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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.
• 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.
• The North America market accounted for a
  comparatively larger revenue share in 2022. This
  is owing to rapid adoption of carbon pricing,
  growing preference for sustainability and
  renewable energy, as well as increasingly
  stringent rules for proper waste management.
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Market Summary
Emergen Research has segmented 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 Sh
ipping and logistics Energy utilities Constructi
on Automotive Food beverages Request
customization _at_ https//www.emergenresearch.com/re
quest-for-customization/1594
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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