Carbon Credit Global Market Outlook 2025-2030, with Coverage of 40 Major Players including 3Degrees, CarbonBetter, ClearSky Climate Solutions, Climate Partner, Climeco, Climetrek, ForestCarbon & More - ResearchAndMarkets.com

The "Carbon Credit - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Carbon Credit was valued at US$465.1 Billion in 2023 and is projected to reach US$3.1 Trillion by 2030, growing at a CAGR of 31.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers and forecasts.

Where Are Carbon Credits Making the Greatest Impact Across Industry Segments?

Carbon credits are making a significant impact across various industry segments, including energy, manufacturing, agriculture, and transportation, each benefiting from enhanced sustainability, regulatory compliance, and financial incentives. In the energy sector, carbon credits support the transition to renewable energy by funding wind, solar, and hydroelectric projects that reduce reliance on fossil fuels. Energy companies can offset their emissions by purchasing credits linked to clean energy projects, accelerating the deployment of renewable technologies. For utilities and energy producers, carbon credits also provide a financial mechanism to invest in carbon capture and storage (CCS) technologies, helping to mitigate the environmental impact of continued fossil fuel use.

In manufacturing, carbon credits play a crucial role in reducing emissions from energy-intensive industries such as cement, steel, and chemicals. These industries can use carbon credits to offset their emissions while investing in technologies that improve energy efficiency or reduce process-related emissions. For example, projects that capture and utilize industrial waste gases or implement low-carbon production methods generate credits that support decarbonization efforts. Carbon credits also help manufacturers meet regulatory requirements in regions with carbon pricing mechanisms, enabling them to avoid penalties while advancing sustainability goals.

In agriculture, carbon credits incentivize practices that enhance carbon sequestration and reduce emissions from farming and livestock. Practices such as reforestation, soil carbon management, and methane reduction in livestock operations generate credits that can be traded or used to offset emissions. Carbon farming initiatives, which reward farmers for adopting sustainable practices, not only contribute to emissions reductions but also promote biodiversity, water conservation, and soil health. For agricultural businesses, carbon credits provide an additional revenue stream while supporting climate resilience and sustainable development.

In the transportation sector, carbon credits are essential for offsetting emissions from aviation, shipping, and road transport. Airlines and shipping companies often rely on carbon credits to meet emissions reduction targets, funding projects such as reforestation or renewable energy to balance their carbon footprint. Carbon credits also support the electrification of transport by funding infrastructure for electric vehicles (EVs) and charging networks. For logistics and mobility companies, carbon credits enable compliance with regulations and appeal to environmentally conscious customers by demonstrating a commitment to sustainability. Across these segments, carbon credits enhance climate action, drive investment in green technologies, and support the transition to a low-carbon economy.

What Are the Key Drivers Fueling Growth in the Carbon Credit Market?

The growth in the carbon credit market is driven by several key factors, including the increasing adoption of net-zero targets, regulatory frameworks supporting carbon markets, and growing corporate and consumer demand for sustainability. The adoption of net-zero targets by governments, corporations, and industries is a primary driver, as organizations commit to reducing their carbon footprint and offsetting unavoidable emissions. Carbon credits enable these entities to achieve emissions reduction goals cost-effectively while supporting global climate initiatives. With more than 70 countries and numerous corporations pledging net-zero targets, the demand for carbon credits is expected to surge, driving market expansion.

Regulatory frameworks that support carbon pricing and international collaboration are another significant driver. Mechanisms such as cap-and-trade systems, carbon taxes, and Article 6 of the Paris Agreement provide the structural foundation for carbon markets, encouraging participation and ensuring environmental integrity. Regional initiatives, such as the European Union Emissions Trading System (EU ETS) and China's national carbon market, further promote market growth by setting emissions limits and incentivizing businesses to adopt low-carbon practices. These regulatory measures ensure that carbon credits remain a viable and effective tool for achieving emissions reductions.

Growing corporate and consumer demand for sustainability is also fueling the carbon credit market. Businesses are increasingly integrating sustainability into their strategies to meet stakeholder expectations, enhance brand reputation, and mitigate climate-related risks. Carbon credits provide a tangible way for companies to demonstrate environmental responsibility while balancing emissions that are difficult to eliminate. Similarly, consumers are driving demand for sustainable products and services, encouraging companies to offset emissions associated with their supply chains and operations. This alignment of corporate and consumer priorities supports the expansion of voluntary carbon markets, where organizations proactively purchase credits to achieve sustainability goals.

Together, these drivers - net-zero commitments, regulatory frameworks, and sustainability demand - are fueling growth in the carbon credit market. As global efforts to combat climate change intensify, carbon credits will remain a vital instrument for reducing emissions, financing climate-friendly projects, and fostering collaboration in the transition to a sustainable, low-carbon future.

Scope of the Study

The report analyzes the Carbon Credit market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments:

  • Type (Compliance Carbon Credit, Voluntary Carbon Credit); Project (Avoidance / Reduction Projects, Removal / Sequestration Projects)
  • End-Use (Power End-Use, Energy End-Use, Transportation End-Use, Industrial End-Use, Buildings End-Use, Other End-Uses)

Geographic Regions/Countries:

World; USA; Canada; China; Europe; France; Germany; Italy; UK; Spain; Rest of Europe; Asia-Pacific; Latin America; Rest of World.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Compliance Carbon Credit segment, which is expected to reach US$3 Trillion by 2030 with a CAGR of a 31.3%. The Voluntary Carbon Credit segment is also set to grow at 28% CAGR over the analysis period.

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, Inc., CarbonBetter, ClearSky Climate Solutions, Climate Partner, Climate Trade Corp. and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

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?

Some of the 41 major companies featured in this Carbon Credit market report include:

  • 3Degrees
  • CarbonBetter
  • ClearSky Climate Solutions
  • Climate Partner GmbH
  • Climate Trade Corp.
  • Climeco
  • Climetrek Ltd.
  • EKI Energy Services Ltd.
  • Finite Carbon Corp.
  • ForestCarbon Ltd.
  • Natureoffice
  • South Pole
  • Tasman Environmental Markets Australia Pty. Ltd. (TEM)

Key Attributes:

Report Attribute Details
No. of Pages 318
Forecast Period 2023 - 2030
Estimated Market Value (USD) in 2023 $465.1 Billion
Forecasted Market Value (USD) by 2030 $3100 Billion
Compound Annual Growth Rate 31.2%
Regions Covered GlobalĀ 

Key Topics Covered:

MARKET OVERVIEW

  • Nothing Works Better Than "MONETIZING" Emission Reduction! Here's Why Carbon Credits Have the Potential to Revolutionize Carbon Sequestration
  • Economic Frontiers: Trends, Trials & Transformations
  • Competition
  • Competitive Market Presence - Strong/Active/Niche/Trivial for 41 Players Worldwide in 2024
  • What is Carbon Credit?: A Rudimentary Tutorial
  • Influencer/Product/Technology Insights
  • Recent Market Activity

MARKET TRENDS & DRIVERS

  • Worsening Climate Crisis, Urgency to Act & The Carbon Footprint Mindset Provides the Cornerstone for the Rise & Popularity of Carbon Credits
  • Impact Investing Turns the Spotlight on Carbon Credits as More Carbon Credits Equals Stronger Sustainability Image & Greater Ability to Raise Funds
  • Carbon Credit Investing Gains in Prominence
  • Corporate Sector Relies Heavily on Carbon Credits to Meet Ambitious Net Zero Goals. Is it Really Beneficial for the Environment?
  • As Demand for Carbon Credits Rise, Voluntary Carbon Market Witnesses Robust Expansion
  • Involvement of Tribal Communities, a Major Win for the Carbon Credit Market
  • Quality of Carbon Credits Storm the Spotlight
  • Corporate Social Responsibility Initiatives Strengthen Business Case For Carbon Credit Adoption
  • Developments In Carbon Credit Verifications To Drive Market Growth
  • Integration Of Blockchain Technology Strengthens Market Credibility & Transparency
  • Growing Demand for Carbon Credits Encourages Credit Creation Via Carbon Capture and Storage (CCS) Projects
  • Forestry Carbon Credits Continue to Remain Popular
  • Bogged Down by Integrity Issues, Renewable-Energy Carbon Credits Lose Steam
  • How Can Carbon Markets Be Strengthened & Harmonized?

For more information about this report visit https://www.researchandmarkets.com/r/7oorlf

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