Global Carbon Credit Market 2024-2028

Global Carbon Credit Market 2024-2028

The carbon credit market is forecasted to grow by USD 1437.52 bn during 2023-2028, accelerating at a CAGR of 31.01% during the forecast period. The report on the carbon credit market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising carbon emissions in the earth's atmosphere, an increase in the adoption of net-zero emission targets, and a growing demand for natural climate solutions.

Technavio's carbon credit market is segmented as below:

• By End-user
• Power
• Energy
• Transportation
• Industrial
• Others
• By Type
• Compliance
• Voluntary
• By Geography
• Europe
• Asia
• North America
• Rest of World (ROW)

This study identifies the booming investment and partnership deals in the carbon credit market as one of the prime reasons driving the carbon credit market growth during the next few years. Also, growing demand for standardized assessment and transparency in carbon offset projects and increasing corporate efforts toward carbon reduction will lead to sizable demand in the market.

The report on the carbon credit market covers the following areas:

• Carbon credit market sizing
• Carbon credit market forecast
• Carbon credit market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon credit market vendors that include 3Degrees Group Inc., AltaGas Ltd., Anew Climate LLC, Carbon Credit Capital LLC, CarbonBetter, ClearSky Climate Solutions LLC, Climate Bridge Ltd., Climate Impact Partners LLC, ClimatePartner GmbH, ClimeCo LLC, EKI Energy Services Ltd., Finite Carbon Corp., Just Energy Advanced Solutions LLC, Microsoft Corp., NativeEnergy, natureOffice GmbH, NRG Energy Inc., South Pole, Sterling Planet, and Tasman Environmental Markets. Also, the carbon credit market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.