Global Voluntary Carbon Credit Trading Supply, Demand and Key Producers, 2023-2029

Global Voluntary Carbon Credit Trading Supply, Demand and Key Producers, 2023-2029

The global Voluntary Carbon Credit Trading market size is expected to reach $ 5350.4 million by 2029, rising at a market growth of 20.1% CAGR during the forecast period (2023-2029).

Global key players of Voluntary Carbon Credit Trading include South Pole Group, 3Degrees, ClimatePartner GmbH, Green Mountain Energy, etc. The top four players hold a share over 31%.

North America is the largest market, has a share about 51%, followed by Asia-Pacific and Europe, with share 13% and 31%, separately.

In terms of product type, Forestry is the largest segment, occupied for a share of 63%, and in terms of users Enterprise has a share about 67%.

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.).

As shown in the figure below, carbon dioxide emissions are constantly increasing, which makes more and more people realize the importance of reducing carbon dioxide emissions. This voluntary market has prompted project developers to create technological innovations to reduce greenhouse gas emissions.

This report studies the global Voluntary Carbon Credit Trading demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Voluntary Carbon Credit Trading, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Voluntary Carbon Credit Trading that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Voluntary Carbon Credit Trading total market, 2018-2029, (USD Million)

Global Voluntary Carbon Credit Trading total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Voluntary Carbon Credit Trading total market, key domestic companies and share, (USD Million)

Global Voluntary Carbon Credit Trading revenue by player and market share 2018-2023, (USD Million)

Global Voluntary Carbon Credit Trading total market by Type, CAGR, 2018-2029, (USD Million)

Global Voluntary Carbon Credit Trading total market by User, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Voluntary Carbon Credit Trading market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include South Pole Group, 3Degrees, EcoAct, Terrapass, Green Mountain Energy, First Climate Markets AG, ClimatePartner GmbH, Aera Group and Forliance, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Voluntary Carbon Credit Trading market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by User. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Voluntary Carbon Credit Trading Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Voluntary Carbon Credit Trading Market, Segmentation by Type
Forestry
Renewable Energy
Waste Disposal
Others

Global Voluntary Carbon Credit Trading Market, Segmentation by User
Personal
Enterprise

Companies Profiled:
South Pole Group
3Degrees
EcoAct
Terrapass
Green Mountain Energy
First Climate Markets AG
ClimatePartner GmbH
Aera Group
Forliance
Element Markets
Bluesource
Allcot Group
Swiss Climate
Schneider
NatureOffice GmbH
Planetly
GreenTrees
Bischoff & Ditze Energy GmbH
NativeEnergy
Carbon Credit Capital
UPM Umwelt-Projekt-Management GmbH
CBEEX
Bioassets
Biofílica

Key Questions Answered

1. How big is the global Voluntary Carbon Credit Trading market?

2. What is the demand of the global Voluntary Carbon Credit Trading market?

3. What is the year over year growth of the global Voluntary Carbon Credit Trading market?

4. What is the total value of the global Voluntary Carbon Credit Trading market?

5. Who are the major players in the global Voluntary Carbon Credit Trading market?

6. What are the growth factors driving the market demand?