Australia Carbon Credit Industry Analysis by Major Players: Xpansiv, AgriProve etc

NEW CITY, N.Y. - Jan. 29, 2025 - PRLog -- Markntel Advisors, one of the renowned consulting, data analytics, and market research firms, published an analytical report titled, Australia Carbon Credit Industry. Additionally, the report demonstrates the operation of the players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the progress of the Australia Carbon Credit industry. One of the leading market players Xpansiv collaborated with Platts and CME Group to enhance the Australian Carbon Credit Unit (ACCU) market. This collaboration will improve price discovery and liquidity through new futures contracts and a CBL-Platts ACCU price assessment.

The report comprises, "Australia Carbon Credit Market Research Report: By Type, By End User, By Enterprise, and Others Forecast (2025-30)". According to the report, the Australia Carbon Credit Market size was valued at around USD 4.11 billion in 2024 and is projected to reach around USD 9.126 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 13.18% during the forecast period, i.e., 2025-30. The predicted growth is further driven by corporate sustainability, technological advancements, and compliance with international climate agreements like the Paris Agreement. Additionally, carbon credits are becoming more popular as manufacturing industries like steel and chemicals are scrutinized regularly for their carbon emissions.

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Better Understanding of Carbon Credit

Carbon credits refer to a specific permit that enables the holder to release a specific quantity of greenhouse gases (GHGs) such as carbon dioxide. One ton of carbon dioxide or the equivalent of other greenhouse gases can be released with one credit. Permits known as gas allowances or carbon allowances are another name for carbon credits.

Key Takeaways

• Study Period: The Australia Carbon Credit market report historical data – 2020-23, Base year –2024, and Forecast Period- 2025-30.
• Market Growth: The global industry is expected to grow at a CAGR of 13.18% during the forecast period, i.e., 2025-30.
• Growth Driver: The Australia Carbon Credit market is expected to expand with the strict government regulations and policies
• By End User: The Energy segment led the market growth, owing to its crucial role in carbon emissions and the continuous shift to renewable energy sources.

Frequently Asked Questions (FAQs)-

1. What are the industry's overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel & impede the industry across the region?
4. How has the industry been evolving in terms of geography & Australia Carbon Credit adoption?

Other Report:

• https://www.apsense.com/article/833054-gcc-air-conditioner-aftermarket-market-share-size-and-development-insight.html