Top 50 Decarbonization Companies in Global 2025: Statistics View by Spherical Insights & Consulting

RELEASE DATE: Jul 2025 Author: Spherical Insights
According to a research report published by Spherical Insights & Consulting, The Global Decarbonization Market Size is projected to Grow from USD 2150.89 Billion in 2024 to USD 8123 Billion by 2035, at a CAGR of 12.84% during the forecast period 2025–2035.

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Description

According to a research report published by Spherical Insights & Consulting, The Global Decarbonization Market Size is projected to Grow from USD 2150.89 Billion in 2024 to USD 8123 Billion by 2035, at a CAGR of 12.84% during the forecast period 2025–2035. The global decarbonization market is experiencing strong growth due to several key factors. These include rising public awareness and concern about climate change, stricter government regulations and corporate sustainability goals, and advancements in clean energy technologies.

 

Introduction                                                              

The global decarbonization market refers to increasing economic activity centered on reducing and eliminating carbon dioxide and other greenhouse gas emissions from various sectors of the global economy. This incorporates investment and deployment in the deployment of technologies and practices aimed at reducing the carbon footprints of fossil fuels, infections in renewable energy sources, transportation and other human activities. Decarbonization refers to the process of reducing or eliminating carbon dioxide and other greenhouse gas emissions from various fields including energy, transport and industry. This involves fossil fuel away from fossil fuels and to implement other strategies to improve energy efficiency, improve energy efficiency, and to reduce carbon footprint. The ultimate goal of decarbonization is to reduce climate change and achieve low carbon or carbon-plate economy. The decarbonization market offers important opportunities in various fields, which are inspired by the declining cost of regulatory pressure, increasing public awareness about climate change and renewable energy technologies. Major areas include renewable energy solutions, energy efficiency, permanent transport, carbon capture and storage, and carbon accounting and reporting services.

 

 

Navigate Future Markets with Confidence: Insights from Spherical Insights LLP

The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.

 

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Decarbonization Market Size & Statistics

  • The Market Size for Decarbonization was Estimated to be Worth USD 2150.89 Billion in 2024.
  • The Market Size is going to Expand at a CAGR of 12.84 % between 2025 and 2035.
  • The Global Decarbonization Market Size is Anticipated to Reach USD 8123 Billion by 2035.
  • The South Korea Decarbonization Market Size Was Estimated at USD 42,969.2 Million in 2024
  • The Market Size is Expected to Grow at a CAGR of around 18.29% from 2025 to 2035
  • The South Korea Decarbonization Market Size is Expected to Reach USD 272,719.9 Million by 2035
  • Asia Pacific is expected to generate the highest demand during the forecast period in the Decarbonization market.
  • Europe is expected to grow the fastest during the forecast period in the Decarbonization market.

 

Regional growth and demand                                     

Europe is expected to grow the fastest during the forecast period in the Decarbonization market. Europe is the fastest growing region globally. Emerging countries such as U.K, France, and Germany are more concentrated on the installation of renewable sources, running the market in Europe. Apart from this, increasing EVS in countries is also supporting market development. France decarbonization market is biggest contributor in Europe region.

 

Asia pacific is expected to generate the highest demand during the forecast period in the Decarbonization market.

This is due to rising investments in renewable and clean energy. In addition, growing greenhouse gas emissions are strengthening the demand for decarbonization practices in Japan, China and others. It is expected that the market will grow rapidly in the coming years as decarbonization will be one of the essential parts of energy infection. For example, in 2024, according to data from the International Energy Agency (IEA), China is a major contributor so far and the largest market holder for energy infections, reaching USD 676 billion in 2023, which is about 38% of the total global energy infection.

 

Top 10 Decarbonization Trends

  1. Renewable Energy Dominance
  2. Electric Vehicle Revolution
  3. Carbon Capture Technologies
  4. Green Hydrogen Fuel
  5. Energy Efficiency Solutions
  6. Circular Economy and Waste Reduction
  7. AI in Climate Solutions
  8. Compliance and Regulation
  9. Growing Inter-Industry Collaboration
  10. Investment in Decarbonization Technologies
  11. Others

 

1. Renewable Energy Dominance

Renewable, especially solar and wind are experiencing rapid growth and becoming the leading source of primary energy supply. Technological advancements and declining costs are making renewable increasingly competitive with fossil fuels.

 

2. Electric Vehicle Revolution

The electric vehicle (EV) market is expanding rapidly, driven by advancements in battery technology and charging infrastructure. Governments and businesses are actively promoting EV adoption to reduce emissions from transportation. China is a major player in EV production and exports, contributing significantly to the global market.

 

3. Carbon Capture Technologies

Carbon capture and storage (CCS) technologies are advancing, with a focus on capturing CO2 from industrial sources rather than ambient air. CCS plays a vital role in achieving emission reduction targets, particularly in hard-to-abate sectors.

 

4. Green Hydrogen Fuel

The production of green hydrogen (produced from renewable energy) is increasing, with the potential to decarbonize heavy industries and energy sources. Hydrogen technology is attracting significant investments and research efforts.

 

5. Energy Efficiency Solutions

Businesses and households are adopting energy-efficient technologies like smart thermostats and advanced building insulation to reduce energy consumption. Energy efficiency solutions contribute to overall decarbonization efforts by minimizing energy demand.

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Decarbonization market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 10 Companies Leading the Decarbonization Market

  1. Adani Green Energy Ltd.
  2. ReNew Power
  3. Tata Power Renewable Energy Ltd.
  4. Siemens Energy
  5. General Electric (GE)
  6. Schneider Electric:
  7. ABB Ltd.
  8. Honeywell
  9. Ørsted
  10. ExxonMobil
  11. Others

 

1. Adani Green Energy Ltd.

Headquarters – Gujarat, India

Adani Green Energy Limited (AGEL) is a major player in India's decarbonization efforts, specifically within the renewable energy sector. They are actively developing, owning, and operating large-scale solar, wind, and hybrid renewable power plants, contributing significantly to India's transition to cleaner energy sources. AGEL has set a goal to achieve 50GW of renewable energy capacity by 2030, aligning with India's broader decarbonization targets.

 

2. ReNew Power

Headquarters – Gurugram, India

ReNew, formerly ReNew Power, is actively involved in the decarbonization market, positioning itself as a key player in India's transition to a fossil-free future. The company focuses on renewable energy solutions, including solar and wind projects, and is expanding into emerging decarbonization technologies like green hydrogen, energy storage, and carbon markets. ReNew aims to provide holistic energy solutions to businesses and industries seeking to achieve net-zero emissions.

 

3.  Tata Power Renewable Energy Ltd.

Headquarters – Maharashtra, India

Tata Power Renewable Energy Limited (TPREL) is actively involved in India's decarbonization market, focusing on expanding its renewable energy portfolio and offering green energy solutions. They are a major player in India's clean energy transition, with a significant portion of their total capacity coming from renewable sources. TPREL is working towards achieving carbon neutrality by 2045 and is investing heavily in solar, wind, and hydro projects.

 

4. Siemens Energy

Headquarters – Munich,Germany

Siemens Energy is actively involved in the decarbonization market, focusing on reducing carbon emissions through various strategies and technologies. They are working towards carbon neutrality in their own operations by 2030 and aim for a net-zero value chain by 2050. Siemens Energy offers solutions across the energy value chain, including power generation, transmission, and distribution, as well as hydrogen production and industrial decarbonization.

 

5. General Electric (GE)

Headquarters –United States

GE Vernova is actively involved in the decarbonization market, focusing on electrifying and decarbonizing the energy sector. They offer a range of technologies and services to help customers reduce greenhouse gas emissions and achieve sustainability goals. This includes developing and deploying solutions for carbon capture, hydrogen technologies, and grid modernization.

 

Are you ready to discover more about the Decarbonization market?

The report provides an in-depth analysis of the leading companies operating in the global decarbonization market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

  1. Adani Green Energy Ltd.
  • Business Overview
  • Company Snapshot
  • Products Overview
  • Company Market Share Analysis
  • Company Coverage Portfolio
  • Financial Analysis
  • Recent Developments
  • Merger and Acquisitions
  • SWOT Analysis
  1. ReNew Power
  2. Tata Power Renewable Energy Ltd.
  3. Siemens Energy
  4. General Electric (GE)
  5. Schneider Electric
  6. ABB Ltd.
  7. Honeywell
  8. Others

 

Conclusion

This boom is given fuel by increasing climate change awareness, strict rules, corporate stability commitments and progress in clean energy technologies. Renewable energy, electric vehicles, carbon captures and green hydrogen are the major trends running this expansion. Asia Pacific is projected to lead in demand, while Europe is determined for the fastest growth, especially focusing on renewable installations and EV adoption with countries such as France. Companies such as Adani Green Energy, Siemens Energy, and General Electric are at the forefront, actively investing to accelerate global infections towards a low carbon economy and deploy solutions.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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