Carbon Credit Trading Platform Market Size and Share Analysis by Type (Voluntary, Regulated), System Type (Cap and Trade, Baseline and Credit), End Use (Industrial, Utilities, Energy, Petrochemical, Aviation)

Description

List of Tables

The worth of the carbon credit trading platform market was USD 103 million in 2022, which is predicted to touch USD 479 million by 2030, powering at a CAGR of 21.20% in the years to come, as stated by a market research report by P&S Intelligence.

Cap-and-Trade System Is Extensively Accepted

Cap-and-trade was the larger category in the past. It is a system establishing a limit on the maximum volume of permissible emissions, for reducing the collective emissions from a group of entities.

Furthermore, it is a market-based approach for lowering the total emissions and promoting corporate investments in alternative sources of electricity and energy efficiency measures.

Moreover, numerous UN members have accepted the cap-and-trade system under the Kyoto Protocol for the reduction of GHG emissions.

For decreasing the concentration of the pollutants responsible for the depletion of the ozone layer, the Montreal Protocol has also formulated a cap-and-trade system, as has the EU.

Utilities Sector Accounts for 30% of Carbon Credit Sales

The utilities category dominates the industry with a share of about 30%. This is because power corporations are concentrating on innovative methods for reducing carbon emissions, such as smart electrical grids.

Fossil fuels are burned for producing most of the heat and powering the majority of the steam turbines, thus resulting in CO2 emissions. As a result, the power sector is responsible for about 40% of all the emissions worldwide.

Moreover, the voluntary type was the larger, with an over 60% share, in the past. This can be attributed to the increasing focus of corporations on their CSR, which is why many are taking steps to reduce their emissions.

Voluntary Carbon Credit Purchases Are Favored

A market supporting businesses' efforts of reducing their emissions is evolving, as big corporates make commitments for reducing emissions. This is the voluntary carbon credits market. The use of voluntary carbon credits has helped direct private funding toward climate change mitigation projects that would have failed to commence otherwise.

Sold Carbon Credits Have Second-Highest Worth in APAC

Europe dominated the industry, with a 32% share, in the recent past. The EU Emissions Trading System is the mainstay of the EU's strategy for climate change mitigation and for decreasing the emissions of greenhouse gases in a cost-effective and efficient manner. Moreover, Europe was the first substantial carbon market globally and also the largest.

Moreover, APAC follows Europe because of the pledges made by the regional countries at the COP26 to achieve their net-zero targets. On its efforts of achieving this target by 2050, Singapore aims at increasing its carbon purchase rates in 2024.

Product Code: 12528

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segment
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by system type
- 1.4.3. Market size breakdown, by end use
- 1.4.4. Market size breakdown, by region
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Voice of Industry Experts/KOLs

Chapter 5. Market Indicators

Chapter 6. Industry Outlook

6.1. Market Dynamics
- 6.1.1. Trends
- 6.1.2. Drivers
- 6.1.3. Restraints/challenges
- 6.1.4. Impact analysis of drivers/restraints
6.2. Impact of COVID-19
6.3. Porter's Five Forces Analysis
- 6.3.1. Bargaining power of buyers
- 6.3.2. Bargaining power of suppliers
- 6.3.3. Threat of new entrants
- 6.3.4. Intensity of rivalry
- 6.3.5. Threat of substitutes

Chapter 7. Global Market

7.1. Overview
7.2. Market Revenue, by Type (2017-2030)
7.3. Market Revenue, by System Type (2017-2030)
7.4. Market Revenue, by End Use (2017-2030)
7.5. Market Revenue, by Region (2017-2030)

Chapter 8. North America Market

8.1. Overview
8.2. Market Revenue, by Type (2017-2030)
8.3. Market Revenue, by System Type (2017-2030)
8.4. Market Revenue, by End Use (2017-2030)
8.5. Market Revenue, by Country (2017-2030)

Chapter 9. Europe Market

9.1. Overview
9.2. Market Revenue, by Type (2017-2030)
9.3. Market Revenue, by System Type (2017-2030)
9.4. Market Revenue, by End Use (2017-2030)
9.5. Market Revenue, by Country (2017-2030)

Chapter 10. APAC Market

10.1. Overview
10.2. Market Revenue, by Type (2017-2030)
10.3. Market Revenue, by System Type (2017-2030)
10.4. Market Revenue, by End Use (2017-2030)
10.5. Market Revenue, by Country (2017-2030)

Chapter 11. LATAM Market

11.1. Overview
11.2. Market Revenue, by Type (2017-2030)
11.3. Market Revenue, by System Type (2017-2030)
11.4. Market Revenue, by End Use (2017-2030)
11.5. Market Revenue, by Country (2017-2030)

Chapter 12. MEA Market

12.1. Overview
12.2. Market Revenue, by Type (2017-2030)
12.3. Market Revenue, by System Type (2017-2030)
12.4. Market Revenue, by End Use (2017-2030)
12.5. Market Revenue, by Country (2017-2030)

Chapter 13. Competitive Landscape

13.1. List of Market Players and Their Offerings
13.2. Competitive Benchmarking of Key Players
13.3. Product Benchmarking of Key Players
13.4. Recent Strategic Developments

Chapter 14. Company Profiles

14.1. Nasdaq Inc.
- 14.1.1. Business overview
- 14.1.2. Product and service offerings
- 14.1.3. Key financial summary
14.2. European Energy Exchange AG
- 14.2.1. Business overview
- 14.2.2. Product and service offerings
- 14.2.3. Key financial summary
14.3. Carbon Trade Exchange
- 14.3.1. Business overview
- 14.3.2. Product and service offerings
14.4. Xpansiv Data Systems Inc.
- 14.4.1. Business overview
- 14.4.2. Product and service offerings
14.5. CME Group Inc.
- 14.5.1. Business overview
- 14.5.2. Product and service offerings
- 14.5.3. Key financial summary
14.6. Climate Impact X
- 14.6.1. Business overview
- 14.6.2. Product and service offerings
14.7. Carbonplace
- 14.7.1. Business overview
- 14.7.2. Product and service offerings
14.8. Likvidi Technologies Ltd.
- 14.8.1. Business overview
- 14.8.2. Product and service offerings
14.9. BetaCarbon Pty Ltd.
- 14.9.1. Business overview
- 14.9.2. Product and service offerings
14.10. Carbonex Ltd.
- 14.10.1. Business overview
- 14.10.2. Product and service offerings
14.11. Intercontinental Exchange Inc.
- 14.11.1. Business overview
- 14.11.2. Product and service offerings
- 14.11.3. Key financial summary
14.12. AirCarbon Pte Ltd.
- 14.12.1. Business overview
- 14.12.2. Product and service offerings
14.13. Planetly
- 14.13.1. Business overview
- 14.13.2. Product and service offerings
14.14. Toucan
- 14.14.1. Business overview
- 14.14.2. Product and service offerings

Chapter 15. Appendix

15.1. Abbreviations
15.2. Sources and References
15.3. Related Reports