Global Carbon Credit Market (2022-2028) | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT

Global Carbon Credit Market report comprehensively covers the market by types, sectors, and regions. Global Carbon Credit Market report provides an unbiased and detailed analysis of the ongoing 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.

Global Carbon Credit Market Synopsis

The global carbon credit market growth is expected to be significant during the forecast period on account of the corporate rush to meet the goal of the 2015 Paris Agreement, with more than 20% of the world's two thousand most prominent public companies committing to meet the net-zero target by2050.”

The European Union member states have set an ambitious target of reducing carbon emissions by at least 55% below 1990 levels by 2030, and many other countries, including China, South Korea, South Africa, Japan, Canada, and other emitters, have publicly committed to achieving carbon neutrality by 2050. Since the carbon market is being considered as an essential tool to accomplish these targets, compliance and voluntary global carbon credit market would continue to show growth in the coming years.

According to 6Wresearch, the Global Carbon Credit market size is projected to grow at a CAGR of 36.6% during 2022-2028E. Increasing investment in the carbon credit market by major companies such as Alphabet, Cemex, Delta, General Motors, Unilever, Microsoft, and others is one of the key factors driving the market. In addition to that, the urgent challenge of limiting global warming to below 2 degrees Celsius is leading to tighter emission caps and lowering supply permits, thus driving carbon credit prices in the coming years. Additionally, participation by major global corporations, financial institutions, speculative traders and investors has further fuelled transactions in the global carbon credit market.

Market by Types

By types, the compliance carbon market has captured the majority of the market revenue share, the segment is expected to dominate the overall market in the forecast period as well, on account of an increasing number of organizations committing to curb their carbon emission and more nations developing their own cap-and-trade system, Additionally, significant socio-economic co-benefits of the voluntary market along with increasing reliability would make it grow 10 times by 2028.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.

Key Highlights of the Report

• Global Carbon Credit Market Overview
• Global Carbon Credit Market Outlook
• Global Carbon Credit Market Forecast
• Global Carbon Credit Market Ecosystem
• Historical Data and Forecast of Global Carbon Credit Market Revenues for the Period 2018-2028F
• Historical Data and Forecast of Global Carbon Credit Market Revenues, By Types, for the Period 2018-2028F
• Historical Data and Forecast of Global Carbon Credit Market Revenues, By Sector, for the Period 2018-2028F
• Historical Data and Forecast of Global Carbon Credit Market Revenues, By Region, for the Period 2018-2028F
• Market Drivers and Restraints
• Industry Life Cycle
• Porter’s Five Force Analysis
• Impact Analysis of COVID-19
• Global Carbon Credit Country Initiative and Regulations
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

• Compliance
• Voluntary

By Sectors

• Forestry and Land Use
• Renewable Energy
• Agriculture
• Industrial manufacturing
• Waste Disposal
• Others

By Region

• Asia Pacific
• Europe
• MEA
• North America
• Latin America

Global Carbon Credit Market: FAQs