Industrial processes and material use accounted for 44% of Iceland's emissions in 2020. Emissions from industrial processes and material use have increased by 107% since 1990. This is primarily due to increases in metal production and the use of F-gases for cooling.

There are several potential negative impacts associated with industrial and chemical emissions in Iceland, including environmental degradation, health impacts and economic costs. There are various measures that can be taken to reduce emissions from industrial and chemical activities, such as increasing energy efficiency, transitioning to renewable energy sources, and implementing carbon capture and storage technologies.