Voluntary Carbon Credit Market Share Driven by Enterprise Demand and Renewable Energy Projects | Valuates Reports

Voluntary Carbon Credit Market Size
The global market for Voluntary Carbon Credit was valued at US$ 2038 million in the year 2024 and is projected to reach a revised size of US$ 7562 million by 2031, growing at a CAGR of 20.9% during the forecast period.

View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-33W14244/Global_Voluntary_Carbon_Credit_Market_Research_Report_2023

The voluntary carbon credit market is witnessing rapid market growth as companies and individuals take action to reduce their carbon footprint beyond regulatory obligations. Market size is being shaped by growing corporate sustainability commitments, global net-zero pledges, and rising consumer awareness of climate responsibility. Market trends also reflect the increasing role of voluntary credits in supply chain sustainability and brand reputation management, fueling adoption across diverse industries.

By type, forest-based projects hold the largest market share due to their strong contribution in carbon sequestration and biodiversity protection. Renewable energy projects are recording the fastest market growth, supported by expanding investments in solar, wind, and clean energy developments that generate verifiable carbon credits. Waste disposal projects also contribute meaningfully, particularly through landfill methane capture and recycling initiatives. Other types, including soil carbon and community-led programs, add depth to the overall market structure.

In terms of application, enterprises dominate the voluntary carbon credit market share as corporations purchase credits to achieve carbon neutrality, improve ESG performance, and meet stakeholder expectations. The personal application segment, while smaller, is experiencing notable market growth as consumers increasingly adopt carbon offsetting practices for travel, lifestyle, and individual sustainability goals. Both segments are playing vital roles in broadening the reach of voluntary carbon credit adoption worldwide.

Looking forward, the market forecast indicates strong expansion, supported by technological advancements in credit verification, digital trading platforms, and blockchain-based tracking systems. The growing alignment of voluntary frameworks with international standards is expected to strengthen trust and transparency. With enterprises driving large-scale demand and personal participation steadily increasing, the voluntary carbon credit market is set to become a central element of global climate strategies and sustainable market growth.

Segment by Type

• Forest
• Renewable Energy
• Waste Disposal
• Others

Segment by Application

• Personal
• Enterprise

By Company

South Pole Group, 3Degrees, ClimatePartner GmbH, Green Mountain Energy, EcoAct, MyClimate, First Climate Markets AG, Terrapass, Schneider, Aera Group, Allcot Group, Swiss Climate, Forliance, Bluesource, GreenTrees, NativeEnergy, NatureOffice GmbH, Element Markets, Bischoff & Ditze Energy GmbH, Bioassets, UPM Umwelt-Projekt-Management GmbH, Carbon Credit Capital, CBEEX, Biofílica, Global Other

View full report
https://reports.valuates.com/market-reports/QYRE-Auto-33W14244/global-voluntary-carbon-credit

Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066,

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.