Carbon Verification Market Report: Trends, Forecast and Competitive Analysis to 2030

Carbon Verification Trends and Forecast

The future of the global carbon verification market looks promising with opportunities in the energy and utilities, transportation, agriculture and forestry, waste management, and construction markets. The global carbon verification market is expected to reach an estimated $38.5 billion by 2030 with a CAGR of 18.5% from 2024 to 2030. The major drivers for this market are climate change mitigation and rising demand of carbon credits.

A more than 150-page report is developed to help in your business decisions.

Carbon Verification by Segment

The study includes a forecast for the global carbon verification by carbon credits, end use, and region.

Carbon Verification Market by Carbon Credits [Shipment Analysis by Value from 2018 to 2030]:

• Certified Emission Reductions
• Verified Carbon Units
• Gold Standard Credits
• Climate
• Community and Biodiversity
• Standards Credits
• American Carbon Registry Credits
• Others

Carbon Verification Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Energy and Utilities
• Transportation
• Agriculture and Forestry
• Waste Management
• Construction
• Others

Carbon Verification Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Carbon Verification Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies carbon verification companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the carbon verification companies profiled in this report include-

• DNV
• SGS
• Bureau Veritas
• Tuv Nord
• Intertek
• Carbon Trust
• First Environment
• Erm Certification and Verification Services
• NSF
• Ul

Carbon Verification Market Insights

Lucintel forecasts that certified emission reductions will remain the largest segment over the forecast period due to larger demand for certified emission reductions.

Within this market, energy and utilities will remain the largest segment due to strong demand for carbon offsets.

APAC will remain the largest region over the forecast period due to rapid economic growth.

Features of the Global Carbon Verification Market

Market Size Estimates: Carbon verification market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Carbon verification market size by carbon credits, end use, and region in terms of value ($B).

Regional Analysis: Carbon verification market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different carbon credits, end use, and regions for the carbon verification market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the carbon verification market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the carbon verification market size?

Answer: The global carbon verification market is expected to reach an estimated $38.5 billion by 2030.

Q2. What is the growth forecast for carbon verification market?

Answer: The global carbon verification market is expected to grow with a CAGR of 18.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the carbon verification market?

Answer: The major drivers for this market are climate change mitigation and rising demand of carbon credits.

Q4. What are the major segments for carbon verification market?

Answer: The future of the carbon verification market looks promising with opportunities in the energy and utilities, transportation, agriculture and forestry, waste management, and construction markets.

Q5. Who are the key carbon verification market companies?

Answer: Some of the key carbon verification companies are as follows.

• DNV
• SGS
• Bureau Veritas
• Tuv Nord
• Intertek
• Carbon Trust
• First Environment
• Erm Certification and Verification Services
• NSF
• Ul

Q6. Which carbon verification market segment will be the largest in future?

Answer: Lucintel forecasts that certified emission reductions will remain the largest segment over the forecast period due to larger demand for certified emission reductions.

Q7. In carbon verification market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to rapid economic growth.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the carbon verification market by carbon credits (certified emission reductions, verified carbon units, gold standard credits, climate, community and biodiversity, standards credits, american carbon registry credits, and others), end use (energy and utilities, transportation, agriculture and forestry, waste management, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?