"Actionable Insights to Fuel Your Growth"

Voluntary Carbon Offsets Market Size, Share & Industry Analysis, By Type (Forestry, Renewable Energy, Landfill Methane Projects, Others), By Application (Industrial, Household Device, Energy Industry, Agriculture, Others), By End-Use (Government, Non-Government, Private Sector, Others) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI104248 | Status : Ongoing



Voluntary carbon offsets are the recognized mechanism that contributes to reducing the amount of CO2 in the atmosphere. It is measured in tons of greenhouse gases, which comprises hydro fluorocarbons, sulfur hexafluoride, carbon dioxide, nitrous oxide, methane, and perfluorocarbons. The carbon offsetting allows individuals and companies to invest in environmental projects, to reduce CO2 emissions and to improve social livelihoods, biodiversity, clean water, and air quality while balancing the carbon footprint. It is utilized to compensate the greenhouse gas pollution, which is mainly released from flying, lodging, and transportation. The voluntary carbon offset is majorly used in the industrial, household, and energy industries.

The rapidly rising CO2 emissions have surged the need for voluntary carbon offset. CO2 emissions have impacted human health and the environment negatively. It has caused climate change and an increase in respiratory diseases, which are mainly caused by air, water, and other pollution. These negative impacts have surged the need for voluntary carbon offsets to compensate for the greenhouse gases. The supportive government initiative to reduce the greenhouse gases will further aid to surge the demand for voluntary carbon offsets. Hence, this will further fuel the market growth during the forecast period.

However, compliance emission reductions (CER’s) and verified emission reductions (VER’s) are alternative projects that are used to reduce CO2 emissions. The implementation of these projects will reduce the adoption of voluntary carbon offsets and anticipated to restrict the market growth.

Key Market Driver -

Rising CO2 emission surge the demand for voluntary carbon offsets

Key Market Restraint -

Availability of alternatives for voluntary carbon offsets to restrict the market growth

Market Segmentation:

Based on type, the voluntary carbon offsets market is segmented into forestry, renewable energy, landfill methane projects, others. Based on application, the market is segmented into industrial, household device, energy industry, agriculture, and others. Based on end-use, the market is segmented into government, non-government, private sector, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The key players in the voluntary carbon offsets market includes SOUTH POLE, Shell, Vertis Environmental Finance, Terrapass, 3Degrees, NativeEnergy, Forest Carbon Ltd, FairClimateFund, BNP Paribas CIB, Carbon Footprint Ltd, and ClimeCo Corporation.

Key Insights

  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis

Regional Analysis:

North America is anticipated to remain the leading region in the voluntary carbon offsets market during the forecast period. The growth is due to supportive government regulation for reducing CO2 emissions. The rising demand for carbon offsets in the industrial application will fuel the market growth In Europe, in which UK and Germany are the leading countries. The market is Asia Pacific will grow due to the rising demand for carbon offsets in the house device and agriculture applications. The Middle East & Africa is anticipated to witness signification growth, owing to the increasing adoption of carbon offsets in the energy industry. 

To gain extensive insights into the market, Request for Customization




By Type

  • Forestry

  • Renewable Energy

  • Landfill Methane Projects

  • Others

By Application

  • Industrial

  • Household Device

  • Energy Industry

  • Agriculture

  • Others

By End-Use

  • Government

  • Non-Goverment

  • Private Sector

  • Others

By Geography

  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

Voluntary Carbon Offsets Market Developments

  • In February 2020, Xometry introduced Carbon Offset Program. For this launch the Xometry made a partnership with Dot Neutral, an organization focused on connecting businesses with carbon emission offset initiatives. This launch will help Xometry to reduce carbon footprint.

  • In October 2019 - Finite Carbon Inc., a subsidiary of Finite Resources has launched a voluntary carbon offsets program. In this launch, BP Ventures has invested worth US$ 5 million. The investment will aid Finite Carbon to enter into a new business to reduce emissions and to provide sustainable forest management.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients


Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.