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Problem Statement and Market Opportunity
37 Billion MT carbon emissions per year, climate change is altering our planet causing extreme weather events like tropical storms, wildfires, draught’s and heat waves, negatively affecting crops production, causing disruption to leaving and natural habitats and more. carbon dioxide in the atmosphere is believed to be significant cause of global warming.
There is no such product in the market, but the global carbon foot print management market size is valued at 10.85 billion in 2022 and is predicted to reach 55.87 billion by the year 2031 at 20.17% CAGR during the forecast period for 2023-2031. Also carbon credit rate in foreign countries is between 40$ to 80$ per ton . So we can multiply 37 billion MT by 80$ per ton.
Capturing carbon, dust, smoke and harmful gases from environment.
Product Description
A 100% made in India product, its works on statics and self developed unique invention (will disclose complete technology at the time of coloration agreement only )
Direct capturing the carbon from air, its works on statics and self developed unique invention.
100% ideal and paten technology , there is no filtration, No ionization, No magnetic field, No U.V light, No High Voltage, No Moving part, a software chip controlled device working on solar with very low voltage and there is no heat emission ,very low maintenance product.
Prototype Development
Prototype work exactly as same as real model, only miner shape is different.
We can show physical trial, and tested from NABL lab
Environmental Impact
99% carbon/dust/ capture with in devise range.
Reduction in carbon, pollution dust free cites, permanent solution for global warming. Reducing GHG emissions slows the rate of temperature rise, sea-level rise, ice melting, and ocean acidification. Reducing GHG emissions lessens the likelihood and severity of extreme weather events, improves air and water quality, maintains biodiversity, and supports a healthy food supply.
Competitive Analysis
Digitalization, Plantation, pollution tower.
Almost Zero competition
Monopoly on market
Team and Expertise
Prithvi P. Singh , Bsc. ( Physics ) Mumbai University
Students of IIT/ITI taking supports as skilled manpower for research.
Disclose of team will be done at advance stage due to security regions
Yes
Funding Requirements
Refer Project report
All of above
Yes
Regulatory and Compliance Considerations
Not much we need.
As per term condition with government