Press release
Carbon Offset/Carbon Credit Market Size, Share, Growth Demand Analysis | WGL Holdings, Inc., Enking International, Green Mountain Energy, Native Energy
Carbon Offset/Carbon Credit Market OverviewThe Comprehensive Research Study by Market Research Future (MRFR), Carbon Offset/Carbon Credit Market Information by Type, Project Type, End User, and By Region - Forecast till 2032 The carbon offset/carbon credit industry size shall expand from USD 541.8 Billion in 2023 to USD 4994.3 Billion by 2032, with a CAGR of 32.0% during the appraisal period (from 2023 to 2032).
Organizations can generate verified emission reductions (VERs) in the voluntary carbon offset market by voluntarily lowering their own greenhouse gas emissions. By purchasing VERs, other organizations can offset their excess carbon emissions or other equivalent GHG emissions.
Companies can produce these offsets by cutting emissions in a number of ways, including by putting in place low-carbon manufacturing techniques, upgrading their factories, encouraging reforestation, avoiding deforestation, moving to renewable energy sources, and more.
Get Free Sample PDF Brochure:
https://www.marketresearchfuture.com/sample_request/12447
Market Competitive Landscape:
WGL Holdings, Inc.
Enking International
Green Mountain Energy
Native Energy
Cool Effect, Inc.
Clear Sky Climate Solutions
Sustainable Travel International
3 Degrees
Terrapass
Sterling Planet Inc.
Market Drivers:
As early as 2037, the total value of carbon credits generated and sold to assist organizations and individuals in reaching their de-carbonization objectives may be close to $1 trillion. But as it stands now, the so-called voluntary carbon market, which permits the trading of verified emission reduction credits worth one ton of carbon each, is not designed for long-term viability. Stricter standards for quality and a stronger focus on carbon removal could boost demand, increase prices, and bolster market confidence.
In the first voluntary market scenario, businesses would require 5.4 billion annual offsets in 2050 to reach their net-zero targets and could buy any kind of carbon offset. In 2050, the market would continue to be oversupplied and 8 billion offsets-mostly from prevented deforestation-would be produced annually.
Since only offsets from projects that truly removed carbon from the atmosphere would be allowed to count, the supply-demand balance would be much tighter under the removal scenario. There would be no more credits from clean energy projects or from prevented deforestation. According to this scenario, the market would experience a brief shortage beginning in 2037 because it is still expensive to build direct air capture (DAC), a method of removing carbon from the atmosphere, on a large scale. The annual market for carbon offsets would reach almost $1 trillion, with prices rising to over $250 per ton.
Under international agreements like the Paris Agreement, numerous nations and regions have committed to reducing their greenhouse gas emissions. These pledges frequently contain audacious goals to slow the rise in global temperatures. Governments and organizations need to take proactive steps to cut emissions if they want to meet these targets. Although energy efficiency, the use of renewable energy sources, and sustainable practices are used to reduce emissions, it is frequently difficult to totally eliminate emissions. Certain industries, such as aviation, may produce emissions that are challenging to remove using current technologies.
Browse In-depth Market Research Report (128 Pages) on Carbon Offset/Carbon Credit Market:
https://www.marketresearchfuture.com/reports/carbon-offset-carbon-credit-market-12447
Market Restraints:
Lack of understanding of how carbon offsetting operates can lead many to believe that they are lowering their own carbon emissions when they are not. This may therefore lessen their motivation to cut personal carbon emissions. In order to offset the carbon emissions, other people must also reduce their carbon emissions.
Market Segmentation
The Compliance Market and the Voluntary Market are included in the type-based segmentation of the Carbon Offset/Carbon Credit Market.
In terms of project type, the Carbon Offset/Carbon Credit Market is segmented into two groups: Removal/Sequestration Projects and Avoidance/Reduction Projects.
The end-user segmentation of the carbon offset/carbon credit market comprises Power, Energy, Aviation, Transportation, Industrial, Buildings, and Others.
Regional Insights
North America is the market leader, in light of the surging environmental consciousness and climate change awareness, corporate sustainability commitments, a wide range of offset project options, and advantageous regulatory frameworks. These elements have been primarily credited with the region's market dominance.
Related Reports:
Transformer Monitoring System Market: https://www.marketresearchfuture.com/reports/transformer-monitoring-system-market-2311
Solid Oxide Fuel Cell Market: https://www.marketresearchfuture.com/reports/solid-oxide-fuel-cell-market-4281
Load Break Switch Market: https://www.marketresearchfuture.com/reports/load-break-switch-market-5889
Pad Mounted Transformer Market: https://www.marketresearchfuture.com/reports/pad-mounted-transformer-market-5974
Substation Monitoring Market: https://www.marketresearchfuture.com/reports/substation-monitoring-market-7341
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Carbon Offset/Carbon Credit Market Size, Share, Growth Demand Analysis | WGL Holdings, Inc., Enking International, Green Mountain Energy, Native Energy here
News-ID: 3446208 • Views: …
More Releases from Market Research Future (MRFR)

Payment Service Provider Market Projected to Hit USD 140.91 Billion at a 5.48% C …
Market Overview:
The Payment Service Provider (PSP) market has witnessed substantial growth over the past decade, driven by the explosive rise in digital commerce, mobile payments, and cross-border transactions. As businesses strive to streamline payment processes and deliver frictionless experiences to customers, the demand for robust, secure, and scalable PSP solutions has surged.
PSPs serve as intermediaries between merchants and financial institutions, enabling the acceptance of electronic payments via multiple methods…

Boundary Scan Hardware Market Poised for Growth, Reaching USD 3.16 Billion by 20 …
Market Overview:
The Boundary Scan Hardware Market has emerged as a crucial segment within the electronics testing and debugging industry, offering advanced solutions for fault detection and circuit verification in integrated circuits (ICs) and printed circuit boards (PCBs). Leveraging the IEEE 1149.1 standard, boundary scan commonly referred to as JTAG (Joint Test Action Group) provides a non-invasive and efficient testing methodology that minimizes the need for physical probes. Boundary Scan Hardware…

Metaverse for Automotive Market is Expected to Touch USD 123.51 Billion By 2034
Market Overview:
The Metaverse for Automotive Market is redefining how automakers, suppliers, and consumers interact in a digitally immersive world. With the integration of AR/VR, IoT, blockchain, and AI technologies, the automotive industry is stepping into the virtual realm to enhance everything from product design and manufacturing to marketing, sales, and customer service.
The global rise in digital transformation, coupled with increasing consumer demand for interactive and customized experiences, is fueling…

AGV Software Market to Grow at 10.82% CAGR, Hitting USD 6.46 Billion by 2034
Market Overview:
The AGV Software Market is rapidly evolving as industries shift towards intelligent automation and digital transformation in their logistics and material handling operations. AGV software acts as the brain of autonomous vehicles, enabling seamless navigation, scheduling, route optimization, fleet coordination, and task management. With the growing demand for efficient, contactless, and error-free logistics, AGV systems have found significant adoption across warehouses, manufacturing plants, ports, and healthcare facilities. AGV Software…
More Releases for Carbon
Carbon-Carbon Composite Market to Reach $3.31 Billion by 2031 | SGL Carbon, Toyo …
NEW YORK, (UNITED STATES) - QY Research latest 'Carbon-Carbon Composite Market 2025 Report' offers an unparalleled, in-depth analysis of the industry, delivering critical market insights that empower businesses to enhance their knowledge and refine their decision-making processes. This meticulously crafted report serves as a catalyst for growth, unlocking immense opportunities for companies to boost their return rates and solidify their competitive edge in an ever-evolving market. What sets this report…
Carbon Black Market Next Big Thing | Cabot, Tokai Carbon, Jiangxi Black Carbon, …
Market Research Forecast published a new research publication on "Global U.S. U.S. Carbon Black Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the U.S. U.S. Carbon Black Market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive…
Carbon-Carbon Composite Material Market Size, Share 2024, Impressive Industry Gr …
Report Description: -
QY Research's latest report 'Carbon-Carbon Composite Material Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The…
Carbon Black Market Scenario & Industry Applications 2020-2025 | Phillips Carbon …
The global carbon black market size is projected to surpass USD 18 billion by 2025. Carbon black act as a reinforcement material for tires and rubber, and possess electrical conductive properties. Carbon black provide pigmentation, conductivity, and UV protection for a number of coating applications along with toners and printing inks for specific color requirements. Its multiple application across various end product along with rising economic outlook has significantly enhanced…
Global Carbon-Carbon Composite Market 2020-2026 SGL Carbon, Toyo Tanso, Tokai Ca …
Global Carbon-Carbon Composite Market 2020-2026 analysis Report offers a comprehensive analysis of the market. It will therefore via depth Qualitative insights, Historical standing and verifiable projections regarding market size. The projections featured inside the report square measure derived victimisation verified analysis methodologies and assumptions. Report provides a progressive summary of the Carbon-Carbon Composite business 2020 together with definitions, classifications, Carbon-Carbon Composite market research, a decent vary of applications and Carbon-Carbon…
Global Carbon Black Market to 2026| Cabot, Orion Engineered Carbons, Birla Carbo …
Albany, NY, 10th January : Recent research and the current scenario as well as future market potential of "Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" globally.
Carbon Black Market - Overview
Carbon black (CB) is manufactured through partial combustion of heavy hydrocarbons under controlled temperature and pressure to obtain fine particles and aggregates having a wide range of structure and surface properties. This…