Latin America Carbon Credit Market Size & Outlook
Latin America carbon credit market, 2018-2030 (US$M)
Related Markets
Latin America carbon credit market highlights
- The Latin America carbon credit market generated a revenue of USD 2,353.1 million in 2023.
- The market is expected to grow at a CAGR of 39.5% from 2024 to 2030.
- In terms of segment, compliance was the largest revenue generating type in 2023.
- Voluntary is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,353.1 million |
| Market revenue in 2030 | USD 24,145.2 million |
| Growth rate | 39.5% (CAGR from 2023 to 2030) |
| Largest segment | Compliance |
| Fastest growing segment | Voluntary |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Compliance, Voluntary |
| Key market players worldwide | AltaGas Ltd, 3Degrees Group, Inc, Carbon Care Asia, CarbonBetter, ClearSky, EKI Energy Services, Finite Carbon, NativeEnergy, South Pole, Torrent Power Limited |
Other key industry trends
- In terms of revenue, Latin America region accounted for 0.5% of the global carbon credit market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 110,783.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Carbon Credit Market Scope
Carbon Credit Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America carbon credit market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon credit market will help companies and investors design strategic landscapes.
Compliance was the largest segment with a revenue share of 99.3% in 2023. Horizon Databook has segmented the Latin America carbon credit market based on compliance, voluntary covering the revenue growth of each sub-segment from 2018 to 2030.
In Central & South America, the demand for carbon credit projects is expected to increase owing to increase in power generation, transportation, industrial growth, and infrastructure development. As the region is observing growth in the manufacturing output, the energy demand has been rising.
This increased energy demand further contributes to the increase in GHG emissions, especially where coalfired boilers are used to generate electricity. In addition, rising industrial activities, including petroleum refining, chemical processing, and automated manufacturing, contribute to a rise in GHGs.
According to a news article published by The Economist in July 2023, South America is expected to become a major oil-producing region this decade. The oil refining facilities use energy-intensive processes, making it difficult to maintain carbon neutrality.
Reasons to subscribe to Latin America carbon credit market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America carbon credit market databook
-
Our clientele includes a mix of carbon credit market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America carbon credit market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America carbon credit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America carbon credit market size, by country, 2018-2030 (US$M)
Latin America Carbon Credit Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
