Product Code: GVR-4-68040-384-7
Market Size & Trends
The global carbon credit trading platform market size was estimated at USD 129.2 million in 2023 and is expected to grow at a CAGR of 18.2% from 2024 to 2030. The market is driven by the increasing global focus on reducing carbon emissions and mitigating climate change. As governments and international bodies are implementing stricter environmental regulations and carbon pricing mechanisms, businesses are incentivized to reduce their carbon footprints. This regulatory push is creating a growing demand for carbon credits, which can be traded on specialized platforms, providing companies with a cost-effective means to comply with emissions targets.
Furthermore, the integration of block-chain and digital ledger technologies enhances the transparency, security, and efficiency of carbon credit transactions. These technologies help prevent fraud and double counting, ensuring that carbon credits are accurately tracked from issuance to retirement. Additionally, the development of sophisticated analytics and AI-driven platforms allows for better price forecasting and risk management, attracting more participants to the market.
Consumers are more likely to support businesses that actively participate in reducing their carbon emissions, thus driving companies to engage in carbon trading as part of their sustainability strategies. This increased awareness and demand for carbon credits from both corporations and consumers create a favorable environment for the growth of trading platforms. However, variations in carbon pricing policies, emission targets, and regulatory frameworks across different countries are projected to create market volatility and affect the predictability of carbon credit prices.
This uncertainty can discourage companies from participating in carbon trading or investing in long-term carbon reduction projects, thereby limiting the growth of trading platforms. Additionally, the complexity and cost associated with verifying carbon credits further pose a challenge to the product demand. The process of measuring, reporting, and verifying carbon emissions and reductions can be technically complex and expensive, particularly for smaller businesses or projects in developing regions. This complexity can create barriers to entry for new participants in the carbon credit market.
Global Carbon Credit Trading Platform Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global carbon credit trading platform market report based on product type, end-use, and region.
- Product Type Outlook (Revenue, USD Million, 2018 -2030)
- Voluntary
- Regulated
- End-use Outlook (Revenue, USD Million, 2018 -2030)
- Industrial
- Utilities
- Energy
- Petrochemical
- Aviation
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Saudi Arabia
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third - Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Carbon Credit Trading Platform Market Variables, Trends & Scope
- 3.1. Market Ancillary Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.5. Business Environmental Tools Analysis: Carbon Credit Trading Platform
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining Power of Suppliers
- 3.5.1.2. Bargaining Power of Buyers
- 3.5.1.3. Threat of Substitution
- 3.5.1.4. Threat of New Entrants
- 3.5.1.5. Competitive Rivalry
- 3.5.2. PESTLE Analysis, by SWOT
- 3.5.2.1. Political Landscape
- 3.5.2.2. Economic Landscape
- 3.5.2.3. Social Landscape
- 3.5.2.4. Technology Landscape
- 3.5.2.5. Environmental Landscape
- 3.5.2.6. Legal Landscape
- 3.5.3. Market Disruption Analysis
Chapter 4. Carbon Credit Trading Platform Market: Product Type Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Product Type Movement Analysis & Market Share, 2023 & 2030
- 4.3. Global Carbon Credit Trading Platform Market By Product Type, 2018 - 2030 (USD Million)
- 4.4. Voluntary
- 4.4.1. Voluntary Carbon Credit Trading Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 4.5. Regulated
- 4.5.1. Regulated Carbon Credit Trading Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Carbon Credit Trading Platform Market: End Use Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. End Use Movement Analysis & Market Share, 2023 & 2030
- 5.3. Global Carbon Credit Trading Platform Market By End Use, 2018 - 2030 (USD Million)
- 5.4. Industrial
- 5.4.1. Carbon Credit Trading Platform Market Estimates & Forecasts, by Industrial, 2018 - 2030 (USD Million)
- 5.5. Utilities
- 5.5.1. Carbon Credit Trading Platform Market Estimates & Forecasts, by Utilities, 2018 - 2030 (USD Million)
- 5.6. Energy
- 5.6.1. Carbon Credit Trading Platform Market Estimates & Forecasts, by Energy, 2018 - 2030 (USD Million)
- 5.7. Petrochemical
- 5.7.1. Carbon Credit Trading Platform Market Estimates & Forecasts, by Petrochemical, 2018 - 2030 (USD Million)
- 5.8. Aviation
- 5.8.1. Carbon Credit Trading Platform Market Estimates & Forecasts, by Aviation, 2018 - 2030 (USD Million)
- 5.9. Others
- 5.9.1. Carbon Credit Trading Platform Market Estimates & Forecasts, by Other End Use, 2018 - 2030 (USD Million)
Chapter 6. Carbon Credit Trading Platform Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2023 & 2030
- 6.3. North America
- 6.3.1. North America Carbon Credit Trading Platform Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. North America Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.3.3. North America Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. U.S. Carbon Credit Trading Platform estimates & forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. U.S. Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.3.4.3. U.S. Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Canada Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Canada Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.3.5.3. Canada Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Mexico Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Mexico Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.3.6.3. Mexico Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4. Europe
- 6.4.1. Europe Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million
- 6.4.2. Europe Carbon Credit Trading Platform Estimates & Forecasts, By Product Type, 2018 - 2030 (USD Million)
- 6.4.3. Europe Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.4. Germany
- 6.4.4.1. Germany Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. Germany Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.4.4.3. Germany Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.5. UK
- 6.4.5.1. UK Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. UK Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.4.5.3. UK Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.6. France
- 6.4.6.1. France Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. France Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.4.6.3. France Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.7. Italy
- 6.4.7.1. Italy Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.7.2. Italy Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.4.7.3. Italy Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.8. Spain
- 6.4.8.1. Spain Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.8.2. Spain Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.4.8.3. Spain Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Asia Pacific Carbon Credit Trading Platform Estimates & Forecasts, By Product Type, 2018 - 2030 (USD Million)
- 6.5.3. Asia Pacific Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.4. China
- 6.5.4.1. China Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. China Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.5.4.3. China Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.5. India
- 6.5.5.1. India Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.5.2. India Carbon Credit Trading Platform Estimates & Forecasts, By product type, 2018 - 2030 (USD Million)
- 6.5.5.3. India Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.6. Japan
- 6.5.6.1. Japan Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.6.2. Japan Carbon Credit Trading Platform Estimates & Forecasts, By Product Type, 2018 - 2030 (USD Million)
- 6.5.6.3. Japan Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.7. South Korea
- 6.5.7.1. South Korea Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.7.2. South Korea Carbon Credit Trading Platform Estimates & Forecasts, By Product Type, 2018 - 2030 (USD Million)
- 6.5.7.3. South Korea Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.6. Central & South America
- 6.6.1. Central & South America Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Central & South America Carbon Credit Trading Platform Estimates & Forecasts, By Product Type, 2018 - 2030 (USD Million)
- 6.6.3. Central & South America Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.6.4. Brazil
- 6.6.4.1. Brazil Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6.4.2. Brazil Carbon Credit Trading Platform Estimates & Forecasts, By Product Type, 2018 - 2030 (USD Million)
- 6.6.4.3. Brazil Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.7.2. Middle East & Africa Carbon Credit Trading Platform Estimates & Forecasts, By Product Type, 2018 - 2030 (USD Million)
- 6.7.3. Middle East & Africa Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.7.4. Saudi Arabia
- 6.7.4.1. Saudi Arabia Carbon Credit Trading Platform Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.7.4.2. Saudi Arabia Carbon Credit Trading Platform Estimates & Forecasts, By Product Type, 2018 - 2030 (USD Million)
- 6.7.4.3. Saudi Arabia Carbon Credit Trading Platform Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Key Company/Competition Categorization
- 7.3. Company Market Position Analysis
- 7.4. Company Heat Map Analysis
- 7.5. Company Listing
- 7.5.1. AirCarbon Pte Ltd
- 7.5.1.1. Company Overview
- 7.5.1.2. Financial Performance
- 7.5.1.3. Product Benchmarking
- 7.5.1.4. Strategic Initiatives
- 7.5.2. Carbonplace
- 7.5.2.1. Company Overview
- 7.5.2.2. Financial Performance
- 7.5.2.3. Product Benchmarking
- 7.5.2.4. Strategic Initiatives
- 7.5.3. Carbonex Ltd.
- 7.5.3.1. Company Overview
- 7.5.3.2. Financial Performance
- 7.5.3.3. Product Benchmarking
- 7.5.3.4. Strategic Initiatives
- 7.5.4. Likvidi Technologies Ltd.
- 7.5.4.1. Company Overview
- 7.5.4.2. Financial Performance
- 7.5.4.3. Product Benchmarking
- 7.5.4.4. Strategic Initiatives
- 7.5.5. CME Group Inc.
- 7.5.5.1. Company Overview
- 7.5.5.2. Financial Performance
- 7.5.5.3. Product Benchmarking
- 7.5.5.4. Strategic Initiatives
- 7.5.6. European Energy Exchange AG
- 7.5.6.1. Company Overview
- 7.5.6.2. Financial Performance
- 7.5.6.3. Product Benchmarking
- 7.5.6.4. Strategic Initiatives
- 7.5.7. Carbon Trade Exchange
- 7.5.7.1. Company Overview
- 7.5.7.2. Financial Performance
- 7.5.7.3. Product Benchmarking
- 7.5.7.4. Strategic Initiatives
- 7.5.8. Nasdaq Inc.
- 7.5.8.1. Company Overview
- 7.5.8.2. Financial Performance
- 7.5.8.3. Product Benchmarking
- 7.5.8.4. Strategic Initiatives
- 7.5.9. Xpansiv Data Systems Inc.
- 7.5.9.1. Company Overview
- 7.5.9.2. Financial Performance
- 7.5.9.3. Product Benchmarking
- 7.5.9.4. Strategic Initiatives
- 7.5.10. Climate Impact X
- 7.5.10.1. Company Overview
- 7.5.10.2. Financial Performance
- 7.5.10.3. Product Benchmarking
- 7.5.10.4. Strategic Initiatives
- 7.5.11. BetaCarbon Pty Ltd.
- 7.5.11.1. Company Overview
- 7.5.11.2. Financial Performance
- 7.5.11.3. Product Benchmarking
- 7.5.11.4. Strategic Initiatives