The global market for Carbon Credit was estimated at US$465.1 Billion in 2023, and is projected to reach US$3.9 Trillion by 2030, growing at a CAGR of 35.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the carbon credit market is driven by several factors. Firstly, increasing regulatory pressures and the implementation of stricter emission reduction targets globally are compelling companies to engage in the carbon credit market to comply with regulations. Secondly, technological advancements in monitoring, reporting, and verifying emissions have improved the efficiency and transparency of carbon credit trading. Thirdly, the growing consumer demand for sustainable products and corporate transparency has led many companies to adopt carbon-neutral practices, which often involve purchasing carbon credits. Furthermore, the rise of environmental, social, and governance (ESG) investing has made carbon credits an attractive option for investors looking to fund sustainable ventures. Lastly, international cooperation and the establishment of more robust carbon markets are expected to facilitate greater trading volumes and market maturity, driving further growth. These factors collectively ensure that the carbon credit market continues to expand as a pivotal component of global efforts to mitigate climate change.
The growth in the carbon credit market is driven by several factors. Firstly, increasing regulatory pressures and the implementation of stricter emission reduction targets globally are compelling companies to engage in the carbon credit market to comply with regulations. Secondly, technological advancements in monitoring, reporting, and verifying emissions have improved the efficiency and transparency of carbon credit trading. Thirdly, the growing consumer demand for sustainable products and corporate transparency has led many companies to adopt carbon-neutral practices, which often involve purchasing carbon credits. Furthermore, the rise of environmental, social, and governance (ESG) investing has made carbon credits an attractive option for investors looking to fund sustainable ventures. Lastly, international cooperation and the establishment of more robust carbon markets are expected to facilitate greater trading volumes and market maturity, driving further growth. These factors collectively ensure that the carbon credit market continues to expand as a pivotal component of global efforts to mitigate climate change.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Compliance Carbon Credit segment, which is expected to reach US$3.8 Trillion by 2030 with a CAGR of a 35.7%. The Voluntary Carbon Credit segment is also set to grow at 21.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $126.7 Billion in 2023, and China, forecasted to grow at an impressive 46.4% CAGR to reach $1.1 Trillion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Carbon Credit Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Carbon Credit Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Carbon Credit Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3Degrees, Carbon Credit Capital, LLC, Carbon EX Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 48 Featured):
- 3Degrees
- Carbon Credit Capital, LLC
- Carbon EX Inc.
- CarbonBetter
- CarbonClear
- ClearSky Climate Solutions, LLC
- ClimeCo LLC
- Ecoact, Sas
- EKI Energy Services Ltd.
- Finite Carbon Corporation
- Green Mountain Energy Company
- MSCI Inc.
- PwC
- South Pole
- Sterling Planet
- Terrapass;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- 3Degrees
- Carbon Credit Capital, LLC
- Carbon EX Inc.
- CarbonBetter
- CarbonClear
- ClearSky Climate Solutions, LLC
- ClimeCo LLC
- Ecoact, Sas
- EKI Energy Services Ltd.
- Finite Carbon Corporation
- Green Mountain Energy Company
- MSCI Inc.
- PwC
- South Pole
- Sterling Planet
- Terrapass;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 381 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 465.1 Billion |
Forecasted Market Value ( USD | $ 3900 Billion |
Compound Annual Growth Rate | 35.4% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |