Global Carbon Credit Trading Platform Market Analysis Report 2022 - Strategies Driving Net-Zero Goals to Boost Carbon Credit Trading Platform Market Between 2022-2027
Global Carbon Credit Trading Platform Market
Dublin, Jan. 24, 2023 (GLOBE NEWSWIRE) -- The "Global Carbon Credit Trading Platform Market by Type (Voluntary, Regulated), System Type (Cap and Trade, Baseline and Credit), End Use (Industrial, Utilities, Energy, Petrochemical, Aviation), and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The global carbon credit trading platform market is expected to reach USD 200.6 billion by 2027 from an estimated USD 67.3 billion in 2022, at a CAGR of 24.4% from 2022 to 2027.
As the drive to curb global warming gathers pace, carbon markets have become increasingly fundamental to achieving net-zero greenhouse-gas emissions. The carbon capture solutions are now leading the race against global heating, as they develop and deploy new, scalable, carbon capture technology that will enable us to stop the flow and remove the carbon dioxide already emitted.
Many companies are investing in trading carbon credits to help scale nascent carbon markets and create enduring value by safeguarding unique forest ecosystems and communities.
Regulated Carbon Market: The largest segment by type in the carbon credit trading platform market
Based on the type of carbon credit trading platform, the regulated carbon market segment is expected to exhibit the largest market share from 2022 to 2027.
The market is largely driven by mandatory national, regional, or international carbon reduction policies designed to achieve compliance with GHG emission reduction goals. Government strategy will dictate maximum emission limits (known as allowances or credits). Carbon emitters buy or sell carbon credits based on emissions generated with reference to their allowance limits.
Utilities: The largest segment by end use in carbon credit trading platform market
Utilities segment accounted for the largest share in the global carbon credit trading platform market, by end use segment. The dominance of this segment can be attributed to the high demand for electricity generation, which leads to high emissions from power utilities. This, in turn, is expected to create a huge demand for carbon trading platforms.
Europe: The largest region in carbon credit trading platform market
The market in Europe accounted for the largest share in the global carbon credit trading platform market during the forecast period. Market growth is driven by investments in clean power generation & electrification and the replacement of aging infrastructure to achieve higher efficiency. The region has also shown rapid industrial growth, driving the demand for carbon credit trading platforms.
Competitive landscape
The leading players in the carbon credit trading platform market include Nasdaq, Inc. (US), CME Group (US), AirCarbon Exchange (ACX) (Singapore), Carbon Trade Exchange (CTX) (UK) and Xpansiv (US).
Key Metrics
Report Attribute | Details |
No. of Pages | 182 |
Forecast Period | 2022 - 2027 |
Estimated Market Value (USD) in 2022 | $67.3 Billion |
Forecasted Market Value (USD) by 2027 | $200.6 Billion |
Compound Annual Growth Rate | 24.4% |
Regions Covered | Global |
Premium Insights
Strategies Driving Net-Zero Goals to Boost Carbon Credit Trading Platform Market Between 2022 and 2027
Asia-Pacific to Exhibit Highest CAGR in Carbon Credit Trading Platform Market During Forecast Period
Regulated Carbon Market Segment and UK Accounted for Largest Market Shares in Europe in 2021
Regulated Carbon Market Segment to Account for Larger Market Share in 2027
Cap and Trade Segment to Hold Larger Market Share Than Baseline and Credit Segment in 2027
Utilities Segment to Dominate Carbon Credit Trading Platform Market, by End Use, in 2027
Market Dynamics
Drivers
Escalating Carbon Emissions Leading to Global Warming
Rising Number of Markets Permitting Partial Use of Carbon Offsets
Increasing Investments in Carbon Capture and Removal Technologies
Restraints
Lack of Market Transparency and Traceability
Opportunities
Growing Number of Regulatory (Compliance) Standards and Industry Association Requirements
Challenges
Fraudulent Activities on Trading Platforms due to Lack of Cybersecurity
Trends/Disruptions Impacting Customer Business
Revenue Shift and New Revenue Pockets for Carbon Credit Trading Platform Providers
Technology Analysis
Development of Blockchain-Based Carbon Credit Platform
Market Mapping
Value Chain Analysis
Project Developers
Exchange Partners
Traders/Brokers/Carbon Emitters
End-users/Carbon Emitters
Pricing Analysis
Case Study Analysis
Banco Sabadell to Move Forward with Carbon Offsetting with Climate Trade
Ben & Jerry's Offset Provides Seed Funding for More Sustainable Agriculture
Company Profiles
Nasdaq, Inc.
Eex Group
Aircarbon Exchange (Acx)
Carbon Trade Exchange (Ctx)
Xpansiv
Cme Group
Climate Impact X
Carbonplace
Planetly
Likvidi
Toucan
Betacarbon
Moss.Earth
Climatetrade
Carbon Credit Capital
Flowcarbon
Carbonex
Pathzero
South Pole Group
Public Investment Fund
For more information about this report visit https://www.researchandmarkets.com/r/nw86ok
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