Global Voluntary Carbon Credit Market 2023 by Company, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Voluntary Carbon Credit market size was valued at USD 1485.3 million in 2022 and is forecast to a readjusted size of USD 5322.5 million by 2029 with a CAGR of 20.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key players in the global Voluntary Carbon Credit Trading market are like South Pole Group and 3Degrees, etc. The top three players hold a share over 50% around the world. Europe is the largest market, has a share about 50%, followed by North America, with share approximately 30 %. Based on the product type, forestry is the largest part that account for over 60%. In terms of application, enterprise also has a share over 60 %.
Carbon offsets are measured in metric tons of carbon dioxide-equivalent (CO2e) and may represent six primary categories of greenhouse gases: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), perfluorocarbons (PFCs), hydrofluorocarbons (HFCs), and sulfur hexafluoride (SF6). One carbon offset represents the reduction of one metric ton of carbon dioxide or its equivalent in other greenhouse gases. There are two markets for carbon offsets. In the larger, compliance market, companies, governments, or other entities buy carbon offsets in order to comply with caps on the total amount of carbon dioxide they are allowed to emit. This market exists in order to achieve compliance with obligations of the Kyoto Protocol, and of liable entities under the EU Emission Trading Scheme. In the much smaller, voluntary market, individuals, companies, or governments purchase carbon offsets to mitigate their own greenhouse gas emissions from transportation, electricity use, and other sources. For example, an individual might purchase carbon offsets to compensate for the greenhouse gas emissions caused by personal air travel. Many companies offer carbon offsets as an up-sell during the sales process so that customers can mitigate the emissions related with their product or service purchase (such as offsetting emissions related to a vacation flight, car rental, hotel stay, consumer good, etc.).
This report is a detailed and comprehensive analysis for global Voluntary Carbon Credit market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Voluntary Carbon Credit market size and forecasts, in consumption value ($ Million), 2018-2029
Global Voluntary Carbon Credit market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Voluntary Carbon Credit market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Voluntary Carbon Credit market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Voluntary Carbon Credit
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Voluntary Carbon Credit market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include South Pole Group, 3Degrees, ClimatePartner GmbH, Green Mountain Energy and EcoAct, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Voluntary Carbon Credit market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Forest
Renewable Energy
Waste Disposal
Others
Market segment by Application
Personal
Enterprise
Market segment by players, this report covers
South Pole Group
3Degrees
ClimatePartner GmbH
Green Mountain Energy
EcoAct
MyClimate
First Climate Markets AG
Terrapass
Schneider
Aera Group
Allcot Group
Swiss Climate
Forliance
Bluesource
GreenTrees
NativeEnergy
NatureOffice GmbH
Element Markets
Bischoff & Ditze Energy GmbH
Bioassets
UPM Umwelt-Projekt-Management GmbH
Carbon Credit Capital
CBEEX
Biofílica
Global Other
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Voluntary Carbon Credit product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Voluntary Carbon Credit, with revenue, gross margin and global market share of Voluntary Carbon Credit from 2018 to 2023.
Chapter 3, the Voluntary Carbon Credit competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Voluntary Carbon Credit market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Voluntary Carbon Credit.
Chapter 13, to describe Voluntary Carbon Credit research findings and conclusion.