Carbon Credit Market Size – By Type, By End use, Analysis, Share, Growth Forecast, 2025 – 2034

The U.S. market is projected to exceed USD 30 billion by 2034, driven by corporate net-zero goals and the increasing adoption of voluntary offset mechanisms.

Major players in the market include 3Degrees, Allcot, Atmosfair, Carbon Clear, Carbon Collective, The Carbon Trust, Climeco, Climate Impact Partners, EcoAct, Ecosecurities, Green Mountain Energy, Shell, South Pole, Sterling Planet, Terrapass, Verra, and WGL Holdings.

The forestry & land use segment is expected to grow at a CAGR of over 15% by 2034, driven by the rising adoption of afforestation and reforestation projects as natural climate solutions.

The global market size for carbon credit was valued at USD 114.8 billion in 2024 and is projected to reach USD 474.2 billion by 2034, driven by a CAGR of 15.8% during the forecast period, supported by increasing corporate sustainability commitments and ESG adherence.