Market Overview:
The global carbon credits market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing awareness about climate change and its effects, and the need for mitigation measures. Based on type, the carbon credits market is segmented into forestry, renewable energy, landfill methane projects, and others. Renewable energy is expected to grow at a higher CAGR during the forecast period as compared to other segments. This can be attributed to government initiatives and subsidies for renewable energy projects across different countries. Based on application, the carbon credits market is segmented into personal and enterprise applications. Personal applications are further sub-segmented into transportation and housing sectors. The transportation sector dominated the personal application segment in 2017 owing to increased adoption of electric vehicles worldwide coupled with stringent emission norms by regulatory authorities such as EPA (Environmental Protection Agency) in North America region . However ,the housing sector is projectedto grow at a higher CAGR duringthe forecast period .This can be attributedtothe growing demand for green buildings across different regions .Based on region ,thecarbon creditsmarketis segmentedinNorth America ,Latin America Europe Asia Pacificand Middle East & Africa .
Product Definition:
A carbon credit is a tradable certificate or permit representing the right to emit one tonne of carbon dioxide (CO2) or the equivalent amount of other greenhouse gases. Carbon credits can be bought, sold and traded.
Forestry:
The global forestry industry is expected to witness significant growth over the forecast period. The growing demand for wood as a construction material and furniture material is projected to drive the market growth. Furthermore, increasing demand for wood as a source of energy in emerging economies such as China and India owing to its high calorific value is anticipated to fuel market expansion over the next seven years.
Renewable Energy:
Renewable energy is the energy produced by natural processes, such as wind, solar, hydro and geothermal among others. Renewable sources of energy account for a significant share in the global energy mix and are gaining importance due to their ability to reduce carbon emissions. The growing emphasis on renewable sources of energy is primarily driven by environmental concerns associated with non-renewable sources that contribute significantly towards global warming.
Application Insights:
The enterprise application segment accounted for the largest revenue share of over 70% in 2017. The growing demand for bio-based products is expected to augment the use of carbon credits in enterprise applications. Growing awareness regarding reducing greenhouse gas emissions has propelled several companies to adopt various initiatives, including energy efficiency and renewable energy generation, which has resulted in increased demand for carbon credits.
Enterprise application includes projects undertaken by large organizations or groups that require a significant amount of biomass or fossil fuel combustion units as an integral part of their business operations. These organizations have access to multiple suppliers and can therefore compare different fuels on a like-for-like basis when purchasing allowances from verified third parties who supply these units on behalf of corporations or institutions operating large power plants across numerous countries around the world (carbon offsetting).
Carbon credits are issued based on actual greenhouse gas emissions generated by corporates and institutions operating within sectors such as electricity, oil & gas, aviation etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. China accounted for a major share of the regional market owing to various initiatives undertaken by the Chinese government, such as “One Belt One Road†initiative and “Made in China†campaign. These initiatives are aimed at promoting investments from foreign companies and encouraging tourism activities within China.
North America emerged as one of the most important regions across all industries with an estimated revenue share of 24% in 2017, which is anticipated to grow at a significant rate over the forecast period. The growth can be attributed to landfill methane projects that generate credits through waste management practices implemented by landfills owners across North America region (U.S., Canada). Methane gas produced through landfills acts as a natural fertilizer for plants, thereby reducing carbon emissions associated with conventional fertilizers used across agriculture industry worldwide every year by approximately 0-20%.
Growth Factors:
- Increasing awareness about climate change and its impact on the environment is driving the demand for carbon credits.
- Stringent regulations by governments to reduce greenhouse gas emissions are also fuelling the growth of carbon credits market.
- The increasing popularity of green buildings and initiatives is also contributing to the growth of carbon credits market as these buildings require more certified emission reductions (CERs).
- Corporations are increasingly looking to purchase carbon credits as a way to offset their greenhouse gas emissions and improve their image among consumers and investors alike.
- The growing number of voluntary schemes that allow organisations or individuals to buy CERs without having any legal obligation is also propelling the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Credits Market Research Report
By Type
Forestry, Renewable Energy, Landfill Methane Projects, Others
By Application
Personal, Enterprise
By Companies
South Pole Group, Aera Group, Terrapass, Green Mountain Energy, Schneider, EcoAct, 3Degrees, NativeEnergy, Carbon Credit Capital, GreenTrees, Allcot Group, Forest Carbon, Bioassets, CBEEX, Biofilica, WayCarbon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Credits Market Report Segments:
The global Carbon Credits market is segmented on the basis of:
Types
Forestry, Renewable Energy, Landfill Methane Projects, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Enterprise
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- South Pole Group
- Aera Group
- Terrapass
- Green Mountain Energy
- Schneider
- EcoAct
- 3Degrees
- NativeEnergy
- Carbon Credit Capital
- GreenTrees
- Allcot Group
- Forest Carbon
- Bioassets
- CBEEX
- Biofilica
- WayCarbon
Highlights of The Carbon Credits Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Forestry
- Renewable Energy
- Landfill Methane Projects
- Others
- By Application:
- Personal
- Enterprise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carbon Credits Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carbon credits are a market-based mechanism that allow companies and individuals to reduce their greenhouse gas emissions. They can be bought and sold on the open market, allowing polluters to purchase reductions from those who have reduced their emissions.
Some of the major players in the carbon credits market are South Pole Group, Aera Group, Terrapass, Green Mountain Energy, Schneider, EcoAct, 3Degrees, NativeEnergy, Carbon Credit Capital, GreenTrees, Allcot Group, Forest Carbon, Bioassets, CBEEX, Biofilica, WayCarbon.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Credits Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carbon Credits Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carbon Credits Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carbon Credits Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carbon Credits Market Size & Forecast, 2018-2028
4.5.1 Carbon Credits Market Size and Y-o-Y Growth
4.5.2 Carbon Credits Market Absolute $ Opportunity
Chapter 5 Global Carbon Credits Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carbon Credits Market Size Forecast by Type
5.2.1 Forestry
5.2.2 Renewable Energy
5.2.3 Landfill Methane Projects
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carbon Credits Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carbon Credits Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Enterprise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Credits Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carbon Credits Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carbon Credits Analysis and Forecast
9.1 Introduction
9.2 North America Carbon Credits Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carbon Credits Market Size Forecast by Type
9.6.1 Forestry
9.6.2 Renewable Energy
9.6.3 Landfill Methane Projects
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carbon Credits Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Enterprise
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carbon Credits Analysis and Forecast
10.1 Introduction
10.2 Europe Carbon Credits Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carbon Credits Market Size Forecast by Type
10.6.1 Forestry
10.6.2 Renewable Energy
10.6.3 Landfill Methane Projects
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carbon Credits Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Enterprise
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carbon Credits Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carbon Credits Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carbon Credits Market Size Forecast by Type
11.6.1 Forestry
11.6.2 Renewable Energy
11.6.3 Landfill Methane Projects
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carbon Credits Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Enterprise
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carbon Credits Analysis and Forecast
12.1 Introduction
12.2 Latin America Carbon Credits Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carbon Credits Market Size Forecast by Type
12.6.1 Forestry
12.6.2 Renewable Energy
12.6.3 Landfill Methane Projects
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carbon Credits Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Enterprise
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carbon Credits Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carbon Credits Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carbon Credits Market Size Forecast by Type
13.6.1 Forestry
13.6.2 Renewable Energy
13.6.3 Landfill Methane Projects
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carbon Credits Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Enterprise
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carbon Credits Market: Competitive Dashboard
14.2 Global Carbon Credits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 South Pole Group
14.3.2 Aera Group
14.3.3 Terrapass
14.3.4 Green Mountain Energy
14.3.5 Schneider
14.3.6 EcoAct
14.3.7 3Degrees
14.3.8 NativeEnergy
14.3.9 Carbon Credit Capital
14.3.10 GreenTrees
14.3.11 Allcot Group
14.3.12 Forest Carbon
14.3.13 Bioassets
14.3.14 CBEEX
14.3.15 Biofilica
14.3.16 WayCarbon
