Carbon Offset Market, By Typ (Compliance Market and Voluntary Market), By End-use Industry (Mining, Energy, Transportation, Residential and Commercial, Buildings, Agriculture, Forestry, and Other), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Mar 2025

Code : CMI6177

Pages :165

Formats :

Excel and PDF

Industry : Smart Technologies

Carbon Offset Market Size and Trends

The global carbon offset market is estimated to be valued at USD 666.83 Bn in 2025 and is expected to reach USD 2,922.01 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 23.5% from 2025 to 2032.

Key Takeaways of the Carbon Offset Market:

The compliance market segment is expected to account for the largest share, comprising 60.5% of the market in 2025.
The mining segment within the end-use industry segment is expected to hold a 21% share of the market in 2025.
North America is projected to lead the market with a 43.5% share in 2025, followed by the Asia Pacific region, which is expected to hold 24.5% share in 2025.

Market Overview:

With growing concerns around climate change and carbon emissions, many companies and individuals are consciously looking to reduce their carbon footprint. Various nations and regional blocs have also committed to achieving carbon neutrality by mid-century, which will require substantial carbon offsets. Moreover, the compliance market for carbon credits is likely to strengthen with the implementation of new emission trading mechanisms and carbon pricing policies worldwide. Advancements in carbon accounting and monitoring technologies will further aid the accurate quantification of emission reductions. The market is also benefitting from higher productivity of afforestation projects leading to lower carbon offset prices. This is encouraging greater participation from organizations across different sectors.