Market Forecast By Product Types (Amorphous Carbon, Graphite, Diamond), By Applications (Automotive, Construction, Engineering Industries, Aerospace, Others) And Competitive Landscape
Product Code: ETC004132 | Publication Date: Sep 2020 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Jordan Carbon Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Starting high at 5.30% in 2025, the market steadily declines to 4.74% by 2029.
In the Middle East region, the Carbon market in Jordan is projected to expand at a growing growth rate of 5.05% by 2027. The largest economy is Saudi Arabia, followed by United Arab Emirates, Iran, Qatar and Kuwait.
Report Name | Jordan Carbon Market |
Forecast period | 2025-2031 |
CAGR | 11.6% |
Growing Sector | Automotive |
The Jordan Carbon Market report thoroughly covers the market by Product types and by Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Jordan carbon market is on the rise with greater environmental consciousness and government initiatives toward sustainability. The Jordan Carbon Market size is growing, owing to rising industrial applications, sustainability initiatives, and rising demand for carbon products. Market growth is prompted by measures to curb carbon emissions and adopt renewable energy sources. Industry participation is aided by policy regulation and carbon credit systems. Problems like low technological development and reliance on conventional sources of energy are still to cross important barriers.
According to 6Wresearch, the Jordan Carbon Market is projected to grow at a CAGR of 11.6% during the forecast period of 2025-2031. Jordan's carbon market is expected to register significant growth, as driven by Jordan's increasing initiative to reduce emissions and implement energy-conserving measures in the country. The government is currently implementing policies in accordance with international climate agreements, such as the Paris Agreement, to advance investments in renewable energy projects and carbon credit market schemes. The construction of solar and wind energy plants plays a significant role in lessening carbon output and diversifying the energy source of Jordan by reducing reliance on traditional fossil fuel. Besides, the investment in energy-efficient technologies across industries and the availability of green project financial incentives add to the reason for creating the carbon market. Jordanian business entities are also increasingly opting to be carbon-neutral, embracing green projects to advance higher conformity to international environmental policies as well as secure foreign investment.
While the trend towards growth is favourable, many challenges limit the extensive development of the carbon market. One of the major challenges is the absence of an effectively implemented carbon pricing system, which discourages emission trading systems from being highly effective. Technological constraints in carbon capture and storage (CCS) in Jordan also limit the effective curbing of emissions. Policy implementation and regulatory gaps and inconsistencies are also deterrents to investors and market participants. In addition, the nation's reliance on traditional energy sources continues to be a test to the low-carbon economy transition. However, sustained government initiatives, enhanced global partnerships, and investments in carbon reduction programs will prolong Jordan's long-term carbon market evolution substantially. Jordan Carbon Market Growth is triggered by the use of renewable energy, carbon reduction programs, and rising industrial demand.
The Jordan carbon market is seeing significant trends with the growing passion of the country to cut down carbon emissions and promote sustainable development. To balance global climate agreements, carbon credit trades and investments in renewable energy are gaining prominence. The government is aggressively encouraging solar and wind power projects to reduce the reliance on fossil fuels, and this is one significant driving force in the market. Apart from this, business associations are integrating carbon reduction measures into practices to achieve international levels of sustainability and attract foreign investment. The market, however, faces problems, including the absence of a carbon blanket price system and inadequate technology innovation for carbon capture and storage. Regulatory uncertainty also constrains the Jordan Carbon Market Growth. Despite such challenges, persistent government intervention, international coordination, and economic benefits for green schemes are likely to drive the future growth of Jordan's carbon market.
The Jordan carbon market offers rewarding investment opportunities, driven by the nation's effort towards reducing emissions and encouraging environment-friendly energy choices. Investments may be pursued in carbon credit trade as Jordan intends to increase activities in global carbon markets. Expansion in clean energy programs, such as solar power and wind energy, presents investment opportunities in clean energy infrastructure. Moreover, increased demand for energy-saving technologies from industries provides an opportunity for companies dealing in emission-saving technologies. Government subsidies in the area of finance as well as policy recommendations also support private sector investments towards sustainability ventures. Foreign partnership initiatives and foreign assistance programs also generate investment windows for organizations to opt for promoting the low-carbon transition in Jordan. Despite some infrastructural and regulatory issues, heightened environmental sustainability awareness and global climate obligations place Jordan on the list of possible locations to invest in carbon abatement and green energy.
Several key players are driving the Jordan carbon market revenue through investments in green and renewable energy initiatives. The Baynouna Solar Energy Company (BSCE), a joint venture between Finland's Taaleri and the UAE's Masdar, opened the 200-megawatt Baynouna Solar Park, Jordan's largest clean energy project. The power plant generates more than 560 gigawatt-hours of electricity each year, supplies about 160,000 homes, and saves 360,000 tonnes of carbon dioxide each year. Jordan Kuwait Bank (JKB) has launched the country's first green bond, a $50 million bond, to support renewable energy projects, low-carbon transport, and green buildings. The move reflects JKB's focus on green finance and supports Jordan's Economic Modernization Vision that lists sustainability as one of its pillars. The Jordan Petroleum Refinery Company (JPRC) has initiated a major expansion plan, investing in technologies for lower emissions and greater energy efficiency in its refining operations. The move is a reflection of JPRC's commitment towards keeping itself in line with international environmental standards. Additionally, the Manaseer Group, a diversified conglomerate with interests in business in multiple industries, has business interests in the chemicals and energy industry. The firm is proactively pursuing projects that result in emission savings and constructing Jordan's carbon market. These organizations together are the nucleus of Jordan's carbon market formation, promoting sustainable development and helping the nation transition to a low-carbon economy.
The policy environment guiding the Jordan Carbon Market is governed by the government's vision to lower greenhouse gas emissions and promote sustainability. Governments have established policies according to global climate agreements, such as the Paris Agreement, to drive carbon reduction initiatives. The government of Jordan has implemented various programs to increase renewable energy and energy efficiency to decrease the use of fossil fuels. To complement these goals, regulatory agencies monitor emission controls, carbon credit trading, and environmental impact assessments of industrial activities. In addition, tax credits and subsidies are also offered to firms investing in clean energy technology. However, there are still some challenges like the necessity for more robust mechanisms of enforcement as well as a longer carbon pricing policy. Despite such challenges, current regulatory advancement promises a positive direction for Jordan's carbon market, opening up investment opportunities and improving the country's transition towards a more sustainable low-carbon economy.
The fate of the Jordan carbon market will be determined by the increasing interest of the country in sustainability and emission-cutting measures. As the global community increasingly pushes the world to respond to climate change, Jordan is likely to draft its regulatory body to allow the trading of carbon credits and support low-carbon innovations. Clean energy investments, particularly in solar and wind power, are anticipated to play a major role in reducing the nation's carbon footprint. Additionally, technological innovation in carbon capture and storage technology can gain momentum, further supporting the shift to a sustainable economy. However, such setbacks as low infrastructure and improved policy implementation may slow the pace. Despite all these, Jordan's ambition for environmental sustainability, combined with international agreements, is likely to stimulate growth in the carbon market, offering new business and investor opportunities over the next few years.
The Report offers a comprehensive study of the subsequent market segments and their leading categories.
Graphite to Dominate the Jordan Carbon Market Share due to industrial expansion, carbon credit programs, and rising sustainability initiatives.
According to Kapil, Senior Research Analyst, 6Wresearch, the automotive sector is anticipated to boost among application segments in Jordan's carbon market due to the expanding need for lightweight materials for fuel savings and emission control.
The Report offers a comprehensive study of the subsequent market segments and their leading categories.
Table of Contents |
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Jordan Carbon Market Overview |
3.1. Jordan Country Macro Economic Indicators |
3.2. Jordan Carbon Market Revenues & Volume, 2021 & 2031 |
3.3. Jordan Carbon Market - Industry Life Cycle |
3.4. Jordan Carbon Market - Porter's Five Forces |
3.5. Jordan Carbon Market Revenues & Volume Share, By Product Types, 2021 & 2031 |
3.6. Jordan Carbon Market Revenues & Volume Share, By Applications, 2021 & 2031 |
4. Jordan Carbon Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Jordan Carbon Market Trends |
6. Jordan Carbon Market, By Types |
6.1. Jordan Carbon Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2. Jordan Carbon Market Revenues & Volume, By Product Types, 2021 - 2031 |
6.1.3. Jordan Carbon Market Revenues & Volume, By Amorphous Carbon, 2021 - 2031 |
6.1.4. Jordan Carbon Market Revenues & Volume, By Graphite, 2021 - 2031 |
6.1.5. Jordan Carbon Market Revenues & Volume, By Diamond, 2021 - 2031 |
6.2. Jordan Carbon Market, By Applications |
6.2.1. Overview and Analysis |
6.2.2. Jordan Carbon Market Revenues & Volume, By Automotive, 2021 - 2031 |
6.2.3. Jordan Carbon Market Revenues & Volume, By Construction, 2021 - 2031 |
6.2.4. Jordan Carbon Market Revenues & Volume, By Engineering Industries, 2021 - 2031 |
6.2.5. Jordan Carbon Market Revenues & Volume, By Aerospace, 2021 - 2031 |
6.2.6. Jordan Carbon Market Revenues & Volume, By Others, 2021 - 2031 |
7. Jordan Carbon Market Import-Export Trade Statistics |
7.1 Jordan Carbon Market Export to Major Countries |
7.2. Jordan Carbon Market Imports from Major Countries |
8. Jordan Carbon Market Key Performance Indicators |
9. Jordan Carbon Market - Opportunity Assessment |
9.1. Jordan Carbon Market Opportunity Assessment, By Product Types, 2021 & 2031 |
9.2. Jordan Carbon Market Opportunity Assessment, By Applications, 2021 & 2031 |
10. Jordan Carbon Market - Competitive Landscape |
10.1. Jordan Carbon Market Revenue Share, By Companies, 2024 |
10.2. Jordan Carbon Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |