Market revenue in 2023 | USD 17,412.6 million |
Market revenue in 2030 | USD 164,967.9 million |
Growth rate | 37.9% (CAGR from 2023 to 2030) |
Largest segment | Compliance |
Fastest growing segment | Voluntary |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 99.45% in 2023. Horizon Databook has segmented the Spain carbon credit market based on compliance, voluntary covering the revenue growth of each sub-segment from 2018 to 2030.
The country is actively evolving with the introduction of new carbon credit companies. For instance, in August 2023, Iberdrola, S.A. announced the launch of a new carbon credit company named Carbon2Nature, which aims to reduce carbon footprint.
This new company is expected to capture 61 million tons of carbon emissions annually in the Spanish market, which is expected to boost the growth of the carbon capture and storage market in Spain over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain carbon credit market , including forecasts for subscribers. This country databook contains high-level insights into Spain carbon credit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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