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PUBLISHER: Grand View Research | PRODUCT CODE: 1842195
PUBLISHER: Grand View Research | PRODUCT CODE: 1842195
Middle East Carbon Credit Market Size, Share & Trends Analysis Report By Type (Compliance, Voluntary), By End-use (Power, Energy, Aviation, Transportation, Buildings, Industrial), By Project Type, By Country, And Segment Forecasts, 2025 - 2033
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PAGES: 110 Pages
DELIVERY TIME: 2-10 business days
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Middle East Carbon Credit Market Summary
The Middle East carbon credit market size was estimated at approximately USD 4.72 billion in 2024 and is projected to reach USD 31.28 billion by 2033, growing at a CAGR of 19.9% from 2025 to 2033. Carbon credit deployment in the region spans renewable energy projects, industrial decarbonization initiatives, and voluntary offset schemes, serving diverse sectors such as oil and gas, manufacturing, utilities, and transportation.
National frameworks like Saudi Arabia's Carbon Circular Economy (CCE) initiative, the UAE's Net Zero by 2050 strategy, and Qatar's National Climate Change Action Plan are accelerating investments in carbon capture, renewable power generation, and offset trading platforms to meet emission reduction targets.
Countries across the Gulf Cooperation Council (GCC), Turkey, and Israel are increasingly integrating carbon credit mechanisms into domestic and international climate commitments, while supporting corporate decarbonization and ESG compliance. Market growth is driven by rising corporate demand for voluntary offsets, government-backed carbon pricing frameworks, and increasing participation in global carbon trading platforms. Advanced mechanisms such as carbon capture, utilization, and storage (CCUS), nature-based offsets through afforestation projects, and renewable-linked credits are gaining traction as companies seek credible pathways to reduce their carbon footprint. Cross-border initiatives such as the GCC carbon market integration and collaborations with the European Union's Emissions Trading System (EU ETS) are expected to enhance liquidity and open new opportunities for Middle East participants. With leading players such as Saudi Aramco, Masdar, ADNOC, and First Abu Dhabi Bank spearheading large-scale carbon reduction and trading programs, the market is positioned for strong growth and increasing global relevance over the next decade.
Middle East Carbon Credit Market Report Segmentation
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Middle East carbon credit market report based on type, project type, end-use, and country:
- Type Outlook (Revenue, USD Million, 2021 - 2033)
- Compliance
- Voluntary
- Project Type Outlook (Revenue, USD Million, 2021 - 2033)
- Avoidance / Reduction projects
- Removal / Sequestration projects
- Nature Based
- Technology Based
- End-use Outlook (Revenue, USD Million, 2021 - 2033)
- Power
- Energy
- Aviation
- Transportation
- Buildings
- Industrial
- Others
- Country Outlook (Revenue, USD Million, 2021 - 2033)
- Middle East
- UAE
- Saudi Arabia
- Israel
- Oman
- Qatar
Product Code: GVR-4-68040-737-4
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Types
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliance
- 3.4.2. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.5.4. Market Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Project Type
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Middle East Carbon Credit Market: Type Estimates & Trend Analysis
- 4.1. Middle East Carbon Credit Market: Type Movement Analysis, 2024 & 2033
- 4.2. Compliance
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.3. Voluntary
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 5. Middle East Carbon Credit Market: Project Type Estimates & Trend Analysis
- 5.1. Middle East Carbon Credit Market: Project Type Movement Analysis, 2024 & 2033
- 5.2. Avoidance / Reduction projects
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.3. Removal / Sequestration projects
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.3.2. Nature based
- 5.3.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.3.3. Technology based
- 5.3.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 6. Middle East Carbon Credit Market: End-use Estimates & Trend Analysis
- 6.1. Middle East Carbon Credit Market: End-use Movement Analysis, 2024 & 2033
- 6.2. Power
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.3. Energy
- 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.4. Aviation
- 6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.5. Transportation
- 6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.6. Buildings
- 6.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.7. Industrial
- 6.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.8. Others
- 6.8.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 7. Middle East Carbon Credit Market: Country Estimates & Trend Analysis
- 7.1. Country Analysis, 2024 & 2033
- 7.2. Middle East
- 7.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.2.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Million)
- 7.2.3. Market estimates and forecasts, by project type, 2021 - 2033 (USD Million)
- 7.2.4. Market estimates and forecasts, by end-use, 2021 - 2033 (USD Million)
- 7.2.5. UAE
- 7.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.2.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Million)
- 7.2.5.3. Market estimates and forecasts, by project type, 2021 - 2033 (USD Million)
- 7.2.5.4. Market estimates and forecasts, by end-use, 2021 - 2033 (USD Million)
- 7.2.6. Saudi Arabia
- 7.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.2.6.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Million)
- 7.2.6.3. Market estimates and forecasts, by project type, 2021 - 2033 (USD Million)
- 7.2.6.4. Market estimates and forecasts, by end-use, 2021 - 2033 (USD Million)
- 7.2.7. Israel
- 7.2.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.2.7.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Million)
- 7.2.7.3. Market estimates and forecasts, by project type, 2021 - 2033 (USD Million)
- 7.2.7.4. Market estimates and forecasts, by end-use, 2021 - 2033 (USD Million)
- 7.2.8. Oman
- 7.2.8.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.2.8.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Million)
- 7.2.8.3. Market estimates and forecasts, by project type, 2021 - 2033 (USD Million)
- 7.2.8.4. Market estimates and forecasts, by end-use, 2021 - 2033 (USD Million)
- 7.2.9. Qatar
- 7.2.9.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.2.9.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Million)
- 7.2.9.3. Market estimates and forecasts, by project type, 2021 - 2033 (USD Million)
- 7.2.9.4. Market estimates and forecasts, by end-use, 2021 - 2033 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments By Key Market Participants
- 8.2. Company Categorization
- 8.3. List of Key Component Suppliers & Channel Partners
- 8.4. Company Market Share & Positioning Analysis, 2024
- 8.5. Heat Map Analysis
- 8.6. Vendor Landscape
- 8.6.1. List of Raw Product Suppliers
- 8.6.2. List of Distributors/Traders
- 8.6.3. List of Other Prominent Manufacturers
- 8.7. List of Prospective End Users
- 8.8. Strategy Mapping
- 8.9. Company Profiles/Listing
- 8.9.1. Saudi Aramco
- 8.9.1.1. Company Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Product Benchmarking
- 8.9.2. ADNOC
- 8.9.2.1. Company Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Product Benchmarking
- 8.9.3. QatarEnergy
- 8.9.3.1. Company Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Product Benchmarking
- 8.9.4. Masdar
- 8.9.4.1. Company Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Product Benchmarking
- 8.9.5. ACWA Power
- 8.9.5.1. Company Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Product Benchmarking
- 8.9.6. Regional Voluntary Carbon Market Company (RVCMC)
- 8.9.6.1. Company Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Product Benchmarking
- 8.9.7. Emirates NBD
- 8.9.7.1. Company Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Product Benchmarking
- 8.9.8. Bee'ah
- 8.9.8.1. Company Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Product Benchmarking
- 8.9.9. DEWA (Dubai Electricity and Water Authority)
- 8.9.9.1. Company Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Product Benchmarking
- 8.9.10. Oman Oil Company (OQ)
- 8.9.10.1. Company Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Product Benchmarking
- 8.9.1. Saudi Aramco
Product Code: GVR-4-68040-737-4
List of Tables
- Table 1 Middle East Carbon Credit market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 2 Compliance market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 3 Voluntary market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 4 Middle East Carbon Credit market estimates & forecasts, in Avoidance / Reduction projects, 2021 - 2033 (USD Million)
- Table 5 Middle East Carbon Credit market estimates & forecasts, in Removal / Sequestration projects, 2021 - 2033 (USD Million)
- Table 6 Middle East Carbon Credit market estimates & forecasts, in Power, 2021 - 2033 (USD Million)
- Table 7 Middle East Carbon Credit market estimates & forecasts, in Energy, 2021 - 2033 (USD Million)
- Table 8 Middle East Carbon Credit market estimates & forecasts, in Aviation, 2021 - 2033 (USD Million)
- Table 9 Middle East Carbon Credit market estimates & forecasts, in Transportation, 2021 - 2033 (USD Million)
- Table 10 Middle East Carbon Credit market estimates & forecasts, in Buildings, 2021 - 2033 (USD Million)
- Table 11 Middle East Carbon Credit market estimates & forecasts, in Industrial, 2021 - 2033 (USD Million)
- Table 12 Middle East Carbon Credit market estimates & forecasts, in Others, 2021 - 2033 (USD Million)
- Table 13 UAE Carbon Credit market estimates & forecast, 2021 - 2033 (USD Million)
- Table 14 UAE Carbon Credit market estimates & forecasts by type, 2021 - 2033 (USD Million)
- Table 15 UAE Carbon Credit market estimates & forecasts by project type, 2021 - 2033 (USD Million)
- Table 16 UAE Carbon Credit market estimates & forecasts by end-use, 2021 - 2033 (USD Million)
- Table 17 Saudi Arabia Carbon Credit market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 18 Saudi Arabia Carbon Credit market estimates & forecasts by type, 2021 - 2033 (USD Million)
- Table 19 Saudi Arabia Carbon Credit market estimates & forecasts by project type, 2021 - 2033 (USD Million)
- Table 20 Saudi Arabia Carbon Credit market estimates & forecasts by end-use, 2021 - 2033 (USD Million)
- Table 21 Israel Carbon Credit market estimates & forecast, 2021 - 2033 (USD Million)
- Table 22 Israel Carbon Credit market estimates & forecasts by type, 2021 - 2033 (USD Million)
- Table 23 Israel Carbon Credit market estimates & forecasts by project type, 2021 - 2033 (USD Million)
- Table 24 Israel Carbon Credit market estimates & forecasts by end-use, 2021 - 2033 (USD Million)
- Table 25 Oman Carbon Credit market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 26 Oman Carbon Credit market estimates & forecasts by type, 2021 - 2033 (USD Million)
- Table 27 Oman Carbon Credit market estimates & forecasts by project type, 2021 - 2033 (USD Million)
- Table 28 Oman Carbon Credit market estimates & forecasts by end-use, 2021 - 2033 (USD Million)
- Table 29 Qatar Carbon Credit market estimates & forecast, 2021 - 2033 (USD Million)
- Table 30 Qatar Carbon Credit market estimates & forecasts by type, 2021 - 2033 (USD Million)
- Table 31 Qatar Carbon Credit market estimates & forecasts by project type, 2021 - 2033 (USD Million)
- Table 32 Qatar Carbon Credit market estimates & forecasts by end-use, 2021 - 2033 (USD Million)
List of Figures
- Fig 1 Market segmentation
- Fig 2 Information procurement
- Fig 3 Data analysis models
- Fig 4 Market formulation and validation
- Fig 5 Data validating & publishing
- Fig 6 Market snapshot
- Fig 7 Segmental outlook -Type, Project Type & End-use
- Fig 8 Competitive Outlook
- Fig 9 Middle East Carbon Credit market outlook, 2021 - 2033 (USD Million)
- Fig 10 Value chain analysis
- Fig 11 Market dynamics
- Fig 12 Porter's Analysis
- Fig 13 PESTEL Analysis
- Fig 14 Middle East Carbon Credit market, by type: Key takeaways
- Fig 15 Middle East Carbon Credit market, by type: Market share, 2024 & 2033
- Fig 16 Middle East Carbon Credit market, by project type: Key takeaways
- Fig 17 Middle East Carbon Credit market, by project type: Market share, 2024 & 2033
- Fig 18 Middle East Carbon Credit market, by end-use: Key takeaways
- Fig 19 Middle East Carbon Credit market, by end-use: Market share, 2024 & 2033
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