Carbon Offset Market, By Type, By End-User Industry, By Geography

Description

The Global Carbon Offset Market is estimated to be valued at US$ 414.80 billion in 2023 and is expected to reach US$ 1,800.62 billion by 2030, growing at a compound annual growth rate (CAGR) of 23.3% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 414.80 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	23.30%	2030/2031 Value Projection:	US$ 1,800.62 Bn

Figure 1. Global Carbon Offset Market Share (%), by Region, 2023

The carbon offset market refers to a platform that allows individuals and organizations to compensate for their carbon footprint by purchasing carbon credits from emission reduction projects. Over the past few decades, global emissions have steadily increased due to rapid industrialization and rising energy demands, leading to adverse effects of climate change such as rising sea levels and intensifying extreme weather events. As a result, there is a growing need to lower carbon emissions and transition to more sustainable energy sources. The carbon offset market provides an opportunity for polluters to offset their emissions through financing projects like renewable energy plants, energy efficiency upgrades, and forestry programs that remove carbon from the atmosphere. While offsets allow continued pollution, the funds support the development of green technologies and infrastructure that can help achieve long term decarbonization.

Market Dynamics:

The carbon offset market is driven by stringent government regulations and commitments to reduce greenhouse gas emissions. Many countries have pledged to become carbon neutral by mid-century and have implemented carbon pricing mechanisms to discourage fossil fuel use. However, high project costs and uncertainty over additionality of some offset projects pose challenges. Regulatory initiatives, corporate sustainability goals, and emission reduction targets are anticipated to drive the growth of the global carbon offset market over the forecast period. Moreover, the voluntary carbon market is expected to boost the growth of the global carbon offset market over the forecast period. Innovative project development, urban carbon solutions, supply chain sustainability, eco-tourism, and conservation are expected to create growth opportunities for the global carbon offset market during the forecast period.

Key features of the study:

This report provides an in-depth analysis of the carbon offset market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the carbon offset market based on the following parameters - company highlights, product portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include 3Degrees Inc., NativeEnergy, ClimatePartner, Carbon Credit Capital, Terrapass, Renewable Choice Energy, Gold Standard, Offsetters, South Pole Group, Veridium, Cool Effect, ClimateCare, MyClimate, Forest Carbon, and Verified Carbon Standard.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The carbon offset market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the carbon offset market

Carbon Offset Market Detailed Segmentation:

By Type:
- Compliance Market
- Voluntary Market
By End-Use Industry:
- Mining
- Energy
- Transportation
- Residential and Commercial
- Buildings
- Agriculture
- Forestry
- Other
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Company Profile:
- 3Degrees Inc.
- NativeEnergy
- ClimatePartner
- Carbon Credit Capital
- Terrapass
- Renewable Choice Energy
- Gold Standard
- Offsetters
- South Pole Group
- Veridium
- Cool Effect
- ClimateCare
- MyClimate
- Forest Carbon
- Verified Carbon Standard

Product Code: CMI6177

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By End-Use Industry
- Market Snippet Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Regulatory initiatives
- Restraints
Lack of standardization
- Opportunities
Innovative project development
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Carbon Offset Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Carbon Offset Market, By Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Compliance Market
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Voluntary Market
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

6. Carbon Offset Market, By End-Use Industry Sectors, 2018-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Energy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Residential and Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Buildings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Agriculture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Forestry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

7. Carbon Offset Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry , 2018-2030,(US$ Bn)
- Market Share Analysis, By Country, 2018 and 2030(%)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry , 2018-2030,(US$ Bn)
- Market Share Analysis, By Country, 2018 and 2030(%)
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry , 2018-2030,(US$ Bn)
- Market Share Analysis, By Country, 2018 and 2030(%)
China
India
Japan
Australia
South Korea
ASEAN
Rest Of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry , 2018-2030,(US$ Bn)
- Market Share Analysis, By Country, 2018 and 2030(%)
Brazil
Mexico
Rest Of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry , 2018-2030,(US$ Bn)
- Market Share Analysis, By Country, 2018 and 2030 (%)
South Africa
GCC Countries
Rest of the Middle East and Africa

8. Competitive Landscape

3Degrees Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
NativeEnergy
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
ClimatePartner
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Carbon Credit Capital
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Terrapass
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Renewable Choice Energy
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Gold Standard
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Offsetters
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
South Pole Group
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Veridium
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Cool Effect
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
ClimateCare
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
MyClimate
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Forest Carbon
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Verified Carbon Standard
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

9. Section

Research Methodology
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