Global Carbon Offset/Carbon credit Trading service Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2026. Carbon offset refers to the significant reduction in emission of carbon dioxide or green houses gases that is made with an intention to compensate for emission made elsewhere. The offsets can be calculated in tonnes of carbon dioxide equivalents, as on tonne of carbon offset represents the reduction of one tonne of carbon dioxide or its equivalent in other greenhouse gases. The carbon credit represents the generic term of any tradable certificate or permit which offers the right to emit one tonne of carbon dioxide or the equivalent amount of a different greenhouse gas. The market is expected to drive over the forecast years due to favorable government initiatives taken across the globe regarding reduction of greenhouse gas emission. For instance: as per Carbonbrief.org, Indian Government has pledge to cut the intensity of its carbon emission by 33-35 per cent and boost the renewable energy capacity to 40 per cent by 2030. Similarly, according to the Electric Vehicle Initiative, the Japan’s automotive strategy according to co-operative approach across industrial stakeholders, aims to reduce greenhouse emission by 80% from producing electric vehicle by domestic automakers till 2050. Such favorable government initiatives are anticipated to upsurge the market growth in forthcoming period. However, lack of awareness among people is the major factors that deters the market growth over the forecast years.

The regional analysis of global Carbon Offset/Carbon credit Trading service market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the due to presence of government regulations regarding reduction of greenhouse emission. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rapid growth in smart cities projects along with increasing awareness among people regarding greenhouse gas emission in the region.

Major market player included in this report are:
Carbon Credit Capital
Terrapass
Renewable Choice
3Degrees
NativeEnergy
GreenTrees
South Pole Group
Aera Group
Allcot Group
Carbon Clear

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Industrial
Household
Energy Industry
Other

By Application:
REDD Carbon Offset
Renewable Energy
Landfill Methane Projects
Other

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Carbon Offset/Carbon credit Trading service Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors