GITNUX REPORT 2024

Global Carbon Industry Statistics: Key Figures and Market Valuations Revealed

Exploring the Multi-Billion Dollar World of Carbon Industry: Key Statistics and Market Insights Revealed!

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

The global carbon capture and storage market size was valued at $2.01 billion in 2020

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The global carbon dioxide removal market is projected to reach $1.4 trillion by 2050

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The global carbon capture and utilization market is expected to reach $2.96 billion by 2025

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The global carbon capture, utilization, and storage market is expected to reach $7.0 billion by 2030

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The global carbon dioxide removal market is projected to reach $1.4 trillion by 2050

Statistic 6

The global carbon footprint management market size is expected to reach $12.2 billion by 2025

Statistic 7

The global carbon neutral data center market size is expected to reach $16.53 billion by 2027

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The global carbon accounting software market size was valued at $9.43 billion in 2020

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The global carbon neutral packaging market is projected to reach $15.91 billion by 2025

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The global carbon footprint management software market is expected to reach $12.2 billion by 2025

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The global carbon dioxide sensors market size was valued at $531.0 million in 2019

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The global carbon neutral data center market size is expected to reach $16.53 billion by 2027

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The global carbon neutral packaging market is projected to reach $15.91 billion by 2025

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The global carbon footprint management software market is expected to reach $12.2 billion by 2025

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Forests absorb about 2.6 billion tonnes of carbon dioxide each year

Statistic 16

Oceans absorb about 31% of human-produced carbon dioxide

Statistic 17

Soil carbon sequestration can offset 5-15% of global fossil fuel emissions

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Permafrost stores an estimated 1,600 billion tonnes of carbon

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The global carbon credit market was valued at $211.5 billion in 2019

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The global carbon tax market was valued at $31.65 billion in 2020

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The EU Emissions Trading System covers about 45% of the EU's greenhouse gas emissions

Statistic 22

The global voluntary carbon market value tripled to $1 billion in 2021

Statistic 23

The global carbon offset market is projected to reach $200 billion by 2050

Statistic 24

The global carbon credit trading platform market size was valued at $236.5 million in 2020

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Global carbon dioxide emissions reached 36.44 billion tonnes in 2019

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China is the world's largest carbon emitter, responsible for 28% of global CO2 emissions in 2020

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The United States has reduced its carbon emissions by 12% since 2005

Statistic 28

Deforestation contributes to about 15% of all greenhouse gas emissions

Statistic 29

Methane emissions account for about 16% of all greenhouse gas emissions

Statistic 30

The energy sector accounts for approximately 73% of global greenhouse gas emissions

Statistic 31

Renewable energy sources prevented 2.1 billion tonnes of CO2 emissions in 2019

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The building sector accounts for 38% of global energy-related carbon emissions

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The global carbon neutral energy market is expected to reach $1.3 trillion by 2027

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The global carbon fiber in wind energy market size was valued at $2.0 billion in 2019

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The global carbon fiber in wind energy market size was valued at $2.0 billion in 2019

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Industrial processes account for about 21% of total greenhouse gas emissions

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The cement industry accounts for about 8% of global CO2 emissions

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The global carbon fiber market size was valued at $4.7 billion in 2019

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The global carbon black market size was valued at $17.5 billion in 2019

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The global carbon nanotubes market size was valued at $5.3 billion in 2019

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The global carbon fiber reinforced plastic market size was valued at $17.3 billion in 2020

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The iron and steel industry accounts for about 7% of global CO2 emissions

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The global carbon fiber prepreg market size was valued at $7.1 billion in 2019

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The global carbon fiber recycling market size was valued at $215.4 million in 2020

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The global carbon fiber composites market size was valued at $25.6 billion in 2020

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The global carbon nanotube market is expected to reach $10.7 billion by 2026

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The global carbon fiber thermoplastic composites market size was valued at $3.2 billion in 2019

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The global carbon fiber reinforced thermoplastic (CFRTP) composites market size was valued at $4.5 billion in 2019

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The global carbon fiber in aerospace and defense market size was valued at $2.6 billion in 2019

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The global carbon fiber in sports and leisure market size was valued at $1.8 billion in 2019

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The global carbon fiber prepreg market size was valued at $7.1 billion in 2019

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The global carbon fiber recycling market size was valued at $215.4 million in 2020

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The global carbon fiber reinforced plastic (CFRP) market size was valued at $17.3 billion in 2020

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The global carbon fiber thermoplastic composites market size was valued at $3.2 billion in 2019

Statistic 55

The global carbon fiber reinforced thermoplastic (CFRTP) composites market size was valued at $4.5 billion in 2019

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The global carbon fiber in aerospace and defense market size was valued at $2.6 billion in 2019

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The global carbon fiber in sports and leisure market size was valued at $1.8 billion in 2019

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The global carbon black market size was valued at $17.5 billion in 2019

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The global carbon nanotubes market size was valued at $5.3 billion in 2019

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The transportation sector contributes about 24% of global CO2 emissions from fuel combustion

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The aviation industry is responsible for about 2% of global CO2 emissions

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The global carbon fiber in the automotive market size was valued at $2.4 billion in 2019

Statistic 63

The global carbon fiber in the automotive market size was valued at $2.4 billion in 2019

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Summary

  • Global carbon dioxide emissions reached 36.44 billion tonnes in 2019
  • The energy sector accounts for approximately 73% of global greenhouse gas emissions
  • China is the world's largest carbon emitter, responsible for 28% of global CO2 emissions in 2020
  • The global carbon capture and storage market size was valued at $2.01 billion in 2020
  • Forests absorb about 2.6 billion tonnes of carbon dioxide each year
  • The transportation sector contributes about 24% of global CO2 emissions from fuel combustion
  • The global carbon credit market was valued at $211.5 billion in 2019
  • Industrial processes account for about 21% of total greenhouse gas emissions
  • The United States has reduced its carbon emissions by 12% since 2005
  • The global carbon footprint management market size is expected to reach $12.2 billion by 2025
  • Renewable energy sources prevented 2.1 billion tonnes of CO2 emissions in 2019
  • The cement industry accounts for about 8% of global CO2 emissions
  • The global carbon tax market was valued at $31.65 billion in 2020
  • Oceans absorb about 31% of human-produced carbon dioxide
  • The aviation industry is responsible for about 2% of global CO2 emissions

Step right up, ladies and gentlemen, and witness the fascinating world of carbon at its finest! Sizzling hot numbers from the global carbon industry showcase a wild ride through the twists and turns of our planets carbon footprint. From Chinas daring emission feats to forests gallantly absorbing tons of CO2, and the United States making eco-leaps, this blog post is your VIP ticket to the star-studded statistics extravaganza like no other. Buckle up and get ready to be enlightened on all things carbon, from market sizes to emissions wrangling, because this is one show you wont want to miss!

Carbon Capture

  • The global carbon capture and storage market size was valued at $2.01 billion in 2020
  • The global carbon dioxide removal market is projected to reach $1.4 trillion by 2050
  • The global carbon capture and utilization market is expected to reach $2.96 billion by 2025
  • The global carbon capture, utilization, and storage market is expected to reach $7.0 billion by 2030
  • The global carbon dioxide removal market is projected to reach $1.4 trillion by 2050

Interpretation

It seems that the business of managing carbon is shaping up to be quite the lucrative game of environmental chess. With global market sizes and projections bouncing around like a game of economic ping pong, one thing is clear: the world is finally putting its money where its mouth is when it comes to combatting climate change. From capturing and storing carbon to utilizing it in new ways, the opportunities and challenges in this industry are as vast as the emissions they aim to reduce. So, as we navigate this high-stakes chessboard of carbon capitalism, let's make sure that the checkmate we're aiming for is a sustainable future for all.

Carbon Management

  • The global carbon footprint management market size is expected to reach $12.2 billion by 2025
  • The global carbon neutral data center market size is expected to reach $16.53 billion by 2027
  • The global carbon accounting software market size was valued at $9.43 billion in 2020
  • The global carbon neutral packaging market is projected to reach $15.91 billion by 2025
  • The global carbon footprint management software market is expected to reach $12.2 billion by 2025
  • The global carbon dioxide sensors market size was valued at $531.0 million in 2019
  • The global carbon neutral data center market size is expected to reach $16.53 billion by 2027
  • The global carbon neutral packaging market is projected to reach $15.91 billion by 2025
  • The global carbon footprint management software market is expected to reach $12.2 billion by 2025

Interpretation

As the world grapples with the urgent need to reduce carbon emissions, it appears that the carbon industry is booming. With billions of dollars being poured into carbon footprint management, data centers, accounting software, packaging, and even carbon dioxide sensors, it's clear that businesses are starting to take their environmental impact seriously. While the numbers are impressive, one can only hope that this influx of investments and innovations will truly help us move towards a more sustainable future, rather than just being another greenwashing trend in the ever-evolving world of business. After all, the true measure of success in the carbon industry lies not just in market size, but in tangible reductions of harmful emissions and the preservation of our planet for future generations.

Carbon Sinks

  • Forests absorb about 2.6 billion tonnes of carbon dioxide each year
  • Oceans absorb about 31% of human-produced carbon dioxide
  • Soil carbon sequestration can offset 5-15% of global fossil fuel emissions
  • Permafrost stores an estimated 1,600 billion tonnes of carbon

Interpretation

The carbon industry statistics paint a complex portrait of Earth's carbon cycle, showcasing both the impressive capacity of natural systems to absorb and store carbon, and the stark reality of human impact. While forests and oceans heroically shoulder a significant portion of our carbon burden, soil and permafrost hold the potential to be unsung climate heroes themselves. As we navigate the intricate dance of carbon exchange, it becomes increasingly clear that the delicate balance between emission and absorption must be respected, lest we tip the scales irreversibly. The numbers may be daunting, but they also hold within them the promise of a sustainable future if we choose to act with both urgency and respect for the interconnected web of life on this planet.

Carbon Trading

  • The global carbon credit market was valued at $211.5 billion in 2019
  • The global carbon tax market was valued at $31.65 billion in 2020
  • The EU Emissions Trading System covers about 45% of the EU's greenhouse gas emissions
  • The global voluntary carbon market value tripled to $1 billion in 2021
  • The global carbon offset market is projected to reach $200 billion by 2050
  • The global carbon credit trading platform market size was valued at $236.5 million in 2020

Interpretation

The carbon industry seems to be minting more money than a recycling plant on payday, as evidenced by the skyrocketing market values and projections. With figures rivaling the GDP of small countries, it's clear that carbon is not just a greenhouse gas but a golden ticket in the financial world. The EU Emissions Trading System is leading the charge, covering nearly half of the continent's emissions like a giant green umbrella. As the voluntary carbon market triples its value and the offset market gears up for a $200 billion showdown in 2050, one thing is certain: carbon is no longer just a pollutant, it's a commodity hotter than a charcoal grill on a summer day.

Emissions

  • Global carbon dioxide emissions reached 36.44 billion tonnes in 2019
  • China is the world's largest carbon emitter, responsible for 28% of global CO2 emissions in 2020
  • The United States has reduced its carbon emissions by 12% since 2005
  • Deforestation contributes to about 15% of all greenhouse gas emissions
  • Methane emissions account for about 16% of all greenhouse gas emissions

Interpretation

These carbon industry statistics paint a picture of a world teetering on the edge of environmental disaster, with emissions reaching astronomical heights while some countries make half-hearted attempts at reduction. If we don't curb our insatiable appetite for carbon-producing activities, we might as well trade in our oxygen tanks for CO2 detectors. It's high time we stop treating the atmosphere like a trash can and start planting trees instead of chopping them down – because at this rate, the only gas we'll be inhaling is the one that led to our downfall.

Energy

  • The energy sector accounts for approximately 73% of global greenhouse gas emissions
  • Renewable energy sources prevented 2.1 billion tonnes of CO2 emissions in 2019
  • The building sector accounts for 38% of global energy-related carbon emissions
  • The global carbon neutral energy market is expected to reach $1.3 trillion by 2027
  • The global carbon fiber in wind energy market size was valued at $2.0 billion in 2019
  • The global carbon fiber in wind energy market size was valued at $2.0 billion in 2019

Interpretation

The juxtaposition of these carbon industry statistics paints a vivid picture of our world's energy landscape: a sector responsible for a lion's share of greenhouse gas emissions but also showing signs of transformation and potential. With renewable energy sources already making a dent in CO2 emissions and the carbon neutral energy market on the rise, it seems that the winds of change are blowing strong. Yet, as the building sector continues to pump out carbon emissions at an alarming rate, we are reminded that a sustainable future requires more than just innovation – it demands swift and decisive action to mitigate our environmental footprint. The market value attached to carbon fiber in wind energy serves as a tangible reminder of the economic opportunities that lie in sustainable practices. As we navigate towards a greener future, harnessing the power of market forces alongside environmental stewardship will be key in confronting the climate crisis head-on.

Industry

  • Industrial processes account for about 21% of total greenhouse gas emissions
  • The cement industry accounts for about 8% of global CO2 emissions
  • The global carbon fiber market size was valued at $4.7 billion in 2019
  • The global carbon black market size was valued at $17.5 billion in 2019
  • The global carbon nanotubes market size was valued at $5.3 billion in 2019
  • The global carbon fiber reinforced plastic market size was valued at $17.3 billion in 2020
  • The iron and steel industry accounts for about 7% of global CO2 emissions
  • The global carbon fiber prepreg market size was valued at $7.1 billion in 2019
  • The global carbon fiber recycling market size was valued at $215.4 million in 2020
  • The global carbon fiber composites market size was valued at $25.6 billion in 2020
  • The global carbon nanotube market is expected to reach $10.7 billion by 2026
  • The global carbon fiber thermoplastic composites market size was valued at $3.2 billion in 2019
  • The global carbon fiber reinforced thermoplastic (CFRTP) composites market size was valued at $4.5 billion in 2019
  • The global carbon fiber in aerospace and defense market size was valued at $2.6 billion in 2019
  • The global carbon fiber in sports and leisure market size was valued at $1.8 billion in 2019
  • The global carbon fiber prepreg market size was valued at $7.1 billion in 2019
  • The global carbon fiber recycling market size was valued at $215.4 million in 2020
  • The global carbon fiber reinforced plastic (CFRP) market size was valued at $17.3 billion in 2020
  • The global carbon fiber thermoplastic composites market size was valued at $3.2 billion in 2019
  • The global carbon fiber reinforced thermoplastic (CFRTP) composites market size was valued at $4.5 billion in 2019
  • The global carbon fiber in aerospace and defense market size was valued at $2.6 billion in 2019
  • The global carbon fiber in sports and leisure market size was valued at $1.8 billion in 2019
  • The global carbon black market size was valued at $17.5 billion in 2019
  • The global carbon nanotubes market size was valued at $5.3 billion in 2019

Interpretation

In a world where the carbon industry's figures seem to grow faster than bamboo in a rainforest, it's time for us to acknowledge the not-so-invisible footprint left by these lucrative markets. From cement to composites, the growing numbers are as striking as a carbon fiber sculpture, yet the environmental cost must no longer be overshadowed by financial gains. As the global carbon markets continue to soar, let us not forget that our planet's survival should be valued above any price tag. It's time to weave a new narrative, one where sustainability is not just a buzzword but a tangible commitment to a greener future.

Transportation

  • The transportation sector contributes about 24% of global CO2 emissions from fuel combustion
  • The aviation industry is responsible for about 2% of global CO2 emissions
  • The global carbon fiber in the automotive market size was valued at $2.4 billion in 2019
  • The global carbon fiber in the automotive market size was valued at $2.4 billion in 2019

Interpretation

The statistics paint a colorful but concerning picture of our carbon-heavy world: with the transportation sector revving its engines to spew out a hefty 24% of global CO2 emissions, it's no wonder our planet is feeling the heat. Even the seemingly light-footed aviation industry leaves a carbon footprint that stretches across the skies, accounting for 2% of emissions. And amidst this cacophony of carbon, the automotive market gleams with a $2.4 billion worth of global carbon fiber, a shiny reminder that innovation must swiftly steer us towards a more sustainable road ahead.

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