컴플라이언스 탄소 배출권 시장 : 유형별, 용도별, 최종 사용자별, 지역별 분석 및 예측(-2030년)

According to Stratistics MRC, the Global Compliance Carbon Credit Market is accounted for $117.2 billion in 2024 and is expected to reach $279.7 billion by 2030 growing at a CAGR of 15.6% during the forecast period. Carbon credits are tradable permits representing the right to emit one metric ton of carbon dioxide or its equivalent. They are a key component of carbon trading schemes aimed at reducing greenhouse gas emissions. The market for carbon credits has grown significantly as industries and governments seek cost-effective ways to meet emission reduction targets. This growth reflects increasing global awareness of climate change and efforts to mitigate its effects through market-based mechanisms.

According to the International Emissions Trading Association (IETA), the number of countries and regions with carbon pricing initiatives has grown significantly. In 2016, there were 41, and by 2022, that number had risen to 85. Additionally, more countries and regions are actively considering implementing their own carbon pricing mechanisms.

Market Dynamics:

Driver:

Increasing government regulations and carbon reduction targets

Governments worldwide are implementing stricter emissions regulations and setting ambitious carbon reduction targets to combat climate change. This is driving demand for compliance carbon credits as companies seek cost-effective ways to meet their mandated emissions limits. The expanding scope of carbon pricing mechanisms and emissions trading systems across regions is compelling more industries to participate in carbon markets, fueling market growth. As regulations tighten, companies are increasingly turning to carbon credits to offset emissions they cannot easily reduce internally.

Restraint:

Lack of standardization and transparency

The compliance carbon credit market faces challenges due to a lack of standardized methodologies for measuring, reporting, and verifying emissions reductions. Different jurisdictions have varying rules and quality standards for carbon credits, making it difficult to ensure consistency and comparability. The complex nature of carbon accounting and offset projects also leads to transparency issues, with concerns about the true additionality and permanence of emissions reductions. This lack of standardization and transparency can undermine market confidence and hinder broader adoption of carbon credits as a compliance tool.

Opportunity:

Technological advancements

Blockchain and distributed ledger technologies can improve transparency, traceability, and verification of carbon credits. Advanced monitoring and data analytics tools enable more accurate measurement of emissions reductions. Artificial intelligence and machine learning can optimize carbon credit trading and risk management. These technological advancements have the potential to increase market efficiency, reduce transaction costs, and build greater trust in the integrity of carbon credits, thereby expanding market participation and liquidity.

Threat:

Risk of carbon leakage

Carbon leakage poses a threat to the effectiveness of compliance carbon credit markets. There is a risk that stringent emissions regulations in one jurisdiction may lead companies to relocate their carbon-intensive operations to regions with less strict policies, potentially increasing overall global emissions. This can undermine the environmental integrity of carbon reduction efforts and distort competition.

Covid-19 Impact:

The COVID-19 pandemic initially disrupted carbon markets, causing a sharp drop in credit prices due to reduced economic activity and emissions. However, as economies recovered, there was renewed focus on climate action, leading to increased demand for carbon credits. The pandemic highlighted the importance of resilience and sustainability, potentially accelerating long-term growth in compliance carbon markets as part of green recovery efforts.

The certified emission reductions (CERs) segment is expected to be the largest during the forecast period

The certified emission reductions (CERs) segment is likely to dominate the compliance carbon credit market due to their international recognition and established methodologies under the Clean Development Mechanism (CDM). CERs offer a standardized, verified approach to emissions reductions that is accepted in multiple jurisdictions. Their wide applicability across sectors and geographies makes them attractive to both credit buyers and sellers. As more countries integrate international carbon credits into their compliance mechanisms, the demand for high-quality CERs is expected to grow, solidifying their position in the market.

The industrial processes segment is expected to have the highest CAGR during the forecast period

The industrial processes segment is poised for rapid growth in the compliance carbon credit market due to increasing pressure on energy-intensive industries to decarbonize. As these sectors face stricter emissions regulations, they are turning to carbon credits to offset hard-to-abate emissions. Technological innovations in industrial processes are also creating new opportunities for emissions reduction and credit generation. The potential for large-scale emissions reductions in this sector, coupled with growing regulatory focus, is driving investment in industrial carbon credit projects, leading to the highest projected CAGR.

Region with largest share:

Europe is set to maintain its dominance in the compliance carbon credit market, driven by its well-established EU Emissions Trading System (EU ETS) and ambitious climate targets. The region's stringent regulatory framework, covering multiple sectors, creates consistent demand for carbon credits. Europe's leadership in climate policy and commitment to achieving net-zero emissions by 2050 further reinforce its market position. The integration of international credits and the expansion of carbon pricing mechanisms across European countries contribute to the region's large market share and continued growth.

Region with highest CAGR:

Asia Pacific is expected to experience the highest CAGR in the compliance carbon credit market, fueled by rapid industrialization, growing environmental awareness, and increasing adoption of emissions trading systems. Countries like China, South Korea, and Japan are expanding their carbon markets, creating new opportunities for credit generation and trading. The region's fast-growing economies and ambitious climate commitments are driving demand for cost-effective emissions reduction solutions. As more Asian countries implement carbon pricing mechanisms, the region is poised for accelerated growth in the compliance carbon credit sector.

Key players in the market

Some of the key players in Compliance Carbon Credit market include 3 Degrees, AltaGas, Bluesource LLC, Carbon Care Asia Limited, Carbon Credit Capital, Carbonbetter, Clearsky Climate Solutions, Climate Impact Partners, Climate Trade, Climatepartner GmbH, Climeco LLC, Climetrek Ltd., Cool Effect, Inc., Degrees Group Inc., EcoAct, EKI Energy Services Ltd., Finite Carbon and Forest Carbon.

Key Developments:

In November 2023, Bluesource Sustainable Forest Company submitted a revised Annual Operating Plan to reduce logging in favor of carbon credits within New Hampshire's conservation easement. This move is part of their participation in California's Air Resource Board Compliance Offset Program.

In January 2023, ClimeCo announced the acquisition of 3GreenTree Ecosystem Service Ltd. to enhance their sustainable project portfolio.

Types Covered:

• Certified Emission Reductions (CERs)
• Emission Reduction Units (ERUs)
• Removal Units (RMUs)
• Other Types

Applications Covered:

• Renewable Energy
• Energy Efficiency
• Fuel Switching
• Industrial Processes
• Agriculture & Forestry

End Users Covered:

• Power Generation
• Manufacturing
• Chemical & Petrochemical
• Oil & Gas
• Transportation
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Compliance Carbon Credit Market, By Type

• 5.1 Introduction
• 5.2 Certified Emission Reductions (CERs)
• 5.3 Emission Reduction Units (ERUs)
• 5.4 Removal Units (RMUs)
• 5.5 Other Types

6 Global Compliance Carbon Credit Market, By Application

• 6.1 Introduction
• 6.2 Renewable Energy
• 6.3 Energy Efficiency
• 6.4 Fuel Switching
• 6.5 Industrial Processes
• 6.6 Agriculture & Forestry

7 Global Compliance Carbon Credit Market, By End User

• 7.1 Introduction
• 7.2 Power Generation
• 7.3 Manufacturing
• 7.4 Chemical & Petrochemical
• 7.5 Oil & Gas
• 7.6 Transportation
• 7.7 Other End Users

8 Global Compliance Carbon Credit Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 3 Degrees
• 10.2 AltaGas
• 10.3 Bluesource LLC
• 10.4 Carbon Care Asia Limited
• 10.5 Carbon Credit Capital
• 10.6 Carbonbetter
• 10.7 Clearsky Climate Solutions
• 10.8 Climate Impact Partners
• 10.9 Climate Trade
• 10.10 Climatepartner GmbH
• 10.11 Climeco LLC
• 10.12 Climetrek Ltd.
• 10.13 Cool Effect, Inc.
• 10.14 Degrees Group Inc.
• 10.15 EcoAct
• 10.16 EKI Energy Services Ltd.
• 10.17 Finite Carbon
• 10.18 Forest Carbon