Report overview
Carbon offsets are measured in metric tons of carbon dioxide-equivalent (CO2e) and may represent six primary categories of greenhouse gases: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), perfluorocarbons (PFCs), hydrofluorocarbons (HFCs), and sulfur hexafluoride (SF6). One carbon offset represents the reduction of one metric ton of carbon dioxide or its equivalent in other greenhouse gases.
There are two markets for carbon offsets. In the larger, compliance market, companies, governments, or other entities buy carbon offsets in order to comply with caps on the total amount of carbon dioxide they are allowed to emit. This market exists in order to achieve compliance with obligations of the Kyoto Protocol, and of liable entities under the EU Emission Trading Scheme.
In the much smaller, voluntary market, individuals, companies, or governments purchase carbon offsets to mitigate their own greenhouse gas emissions from transportation, electricity use, and other sources. For example, an individual might purchase carbon offsets to compensate for the greenhouse gas emissions caused by personal air travel. Many companies offer carbon offsets as an up-sell during the sales process so that customers can mitigate the emissions related with their product or service purchase (such as offsetting emissions related to a vacation flight, car rental, hotel stay, consumer good, etc.).
This report aims to provide a comprehensive presentation of the global market for Carbon Offset/Carbon Credit Trading Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Offset/Carbon Credit Trading Service. This report contains market size and forecasts of Carbon Offset/Carbon Credit Trading Service in global, including the following market information:
Global Carbon Offset/Carbon Credit Trading Service Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Carbon Offset/Carbon Credit Trading Service market was valued at US$ 208.9 million in 2022 and is projected to reach US$ 197.9 million by 2029, at a CAGR of -0.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Carbon Offset/Carbon Credit Trading Service key players include South Pole Group, Aera Group, Terrapass, etc. Global top three manufacturers hold a share nearly 20%.
Europe is the largest market, with a share about 40%, followed by USA, and South America, both have a share about 40 percent.
In terms of product, REDD Carbon Offset is the largest segment, with a share about 40%. And in terms of application, the largest application is Industrial, followed by Household, Energy Industrial, etc.
We surveyed the Carbon Offset/Carbon Credit Trading Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Carbon Offset/Carbon Credit Trading Service Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Carbon Offset/Carbon Credit Trading Service Market Segment Percentages, by Type, 2022 (%)
Industrial
Household
Energy Industrial
Others
Global Carbon Offset/Carbon Credit Trading Service Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Carbon Offset/Carbon Credit Trading Service Market Segment Percentages, by Application, 2022 (%)
REDD Carbon Offset
Renewable Energy
Landfill Methane Projects
Others
Global Carbon Offset/Carbon Credit Trading Service Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Carbon Offset/Carbon Credit Trading Service Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Carbon Offset/Carbon Credit Trading Service revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Carbon Offset/Carbon Credit Trading Service revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Carbon Credit Capital
Terrapass
Renewable Choice
3Degrees
NativeEnergy
GreenTrees
South Pole Group
Aera Group
Allcot Group
Carbon Clear
Forest Carbon
Bioassets
Biof?lica
WayCarbon
CBEEX
Guangzhou Greenstone
Outline of Major Chapters:
Chapter 1: Introduces the definition of Carbon Offset/Carbon Credit Trading Service, market overview.
Chapter 2: Global Carbon Offset/Carbon Credit Trading Service market size in revenue.
Chapter 3: Detailed analysis of Carbon Offset/Carbon Credit Trading Service company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Carbon Offset/Carbon Credit Trading Service in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
