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Classified in: Environment, Science and technology
Subject: MRR

Global Carbon Footprint Management Strategic Analysis Report 2024-2030: Growing Focus on Clean Coal Technologies Step Up Opportunities, Growing Practice of Carbon Cap and Trade to Drive Adoption


DUBLIN, Feb. 23, 2024 /PRNewswire/ -- The "Carbon Footprint Management - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

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Global Carbon Footprint Management Market to Reach $33 Billion by 2030

The global market for Carbon Footprint Management estimated at US$11.6 Billion in the year 2022, is projected to reach a revised size of US$33 Billion by 2030, growing at a CAGR of 14% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 12.8% CAGR and reach US$18.7 Billion by the end of the analysis period. Growth in the Services segment is estimated at 15.7% CAGR for the next 8-year period.

The urgent need to address climate change and the shifting focus on sustainability have spurred the rise of carbon footprint management practices. As emissions continue to rise, corporate sustainability and carbon footprint management have become core areas of climate action. Companies are increasingly recognizing the importance of measuring and managing their carbon footprint, understanding that if they can't measure it, they can't manage it.

This awareness has led to the development of carbon footprint management strategies. In terms of competition, there is a mix of players with varying market presences categorized as strong, active, niche, or trivial, with a global key competitors percentage market share identified for 2023. World brands are also playing a significant role in the carbon footprint management market, contributing to recent market activity and innovations aimed at addressing climate change and promoting sustainability.

The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 17.3% CAGR

The Carbon Footprint Management market in the U.S. is estimated at US$3.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2030 trailing a CAGR of 17.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.4% and 12.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR.

MARKET TRENDS & DRIVERS

FOCUS ON SELECT PLAYERS(Total 79 Featured)

For more information about this report visit https://www.researchandmarkets.com/r/fh8ru3

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SOURCE Research and Markets


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