Market Forecast By Sector (Energy, Transportation, Residential And Commercial Buildings, Industry, Agriculture, Forestry, Water And Wastewater) And Competitive Landscape
Product Code: ETC413311 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Carbon Credit Market |
Forecast period | 2025-2031 |
CAGR | 4.6% |
Growing Sector | Energy |
Australia Carbon Credit Market report thoroughly covers the market by sector. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Carbon Credit market is on a trajectory of substantial growth, fueled by the vigorous efforts of the government and various sectors to cultivate a sustainable and eco-friendly environment. Primarily driven by the energy sector, due to its significant contributions to greenhouse gas emissions, the market benefits from robust governmental policies encouraging the use of renewable energy sources and efforts to minimize the carbon footprint. Additionally, the burgeoning demand for green and eco-friendly products across different sectors highlights a shift towards sustainability, further propelling the market's growth. With investments flowing into clean energy projects and an increasing inclination towards adopting carbon trading programs, the Australia Carbon Credit Market is set for a promising future, fostering a climate-resilient economy and contributing to global environmental sustainability goals.
According to 6Wresearch, the Australia Carbon Credit Market size is expected to grow at a significant CAGR of 4.6% during the forecast period 2025-2031.The expansion of the Australian carbon credit market is primarily driven by a combination of governmental mandates, corporate sustainability initiatives, and increased awareness of climate change implications. Government programmes and regulations, such as the Emissions Reduction Fund (ERF) and the National Greenhouse and Energy Reporting (NGER) scheme, encourage emission reductions and lay the groundwork for carbon credit trading. Furthermore, business pledges to sustainability targets, fuelled by investor pressure and consumer demand for ecologically responsible activities, are driving the use of carbon credits as a tool for reducing carbon footprints.
Furthermore, the growing acknowledgment of carbon credits as significant assets in achieving net-zero emission targets fuels market expansion by encouraging investment in emission reduction projects and promoting innovation in the carbon market ecosystem. Several constraints limits the Australia Carbon Credit Market Growth. These issues include a lack of liquidity, insufficient risk management services, restricted data availability, market volatility, complexity, administrative load, regulatory and policy changes, and a decrease in demand for riskier credits. Furthermore, there are worries about insufficient governance, a lack of basic rules, and public distrust in voluntary carbon markets, all of which impede their success and scalability.
Market platforms, aggregators, verifiers, issuers of carbon credits, and other organisations are among the top players in Australia's carbon credit market. Several well-known figures in this field have led to major rise in Australia Carbon Credit Market Share and these companies are Green Collar, Climate Friendly, South Pole, Qantas Future Planet, Australian Carbon Credit Unit (ACCU) Issuers.
Government organisations like the Department of Industry, Science, Energy, and Resources and the Clean Energy Regulator (CER) establish rules and guidelines that control the Australian carbon credit market. Market participants must adhere to the qualifying criteria, measurement procedures, and reporting requirements for carbon credits.
The future of the Australia Carbon Credit industry looks promising, with continued growth expected in the coming years. With increasing concerns about climate change and sustainable development, there is a growing demand for products and services that have a low carbon footprint. This will drive the market for carbon credits as companies strive to reduce their emissions and meet their sustainability goals. The Australian government has set ambitious targets to reduce greenhouse gas emissions, creating a favorable regulatory environment for the carbon market. This will further drive the demand for carbon credits and encourage investments in renewable energy projects. The advancements in technology and innovation are expected to play a significant role in the growth of the Australia Carbon Credit Market. The development of new methods to capture and store carbon, as well as the use of blockchain technology to track and trade carbon credits, are just some examples of how technology is shaping the market.
According to Shivankar, Research Manager, 6Wresearch, the energy sector is expected to hold the largest share in the Australia carbon credit market, owing to its significant contribution to greenhouse gas emissions. The government's initiatives for promoting renewable energy and reducing carbon footprint are driving the growth of this segment. Additionally, increasing investments in clean energy projects and the adoption of carbon trading programs by various industries are further expected to drive the growth of this sector.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3Australia Carbon Credit Market Overview |
3.1Australia Country Macro Economic Indicators |
3.2Australia Carbon Credit Market Revenues & Volume, 2021 & 2031F |
3.3Australia Carbon Credit Market - Industry Life Cycle |
3.4Australia Carbon Credit Market - Porter's Five Forces |
3.5Australia Carbon Credit Market Revenues & Volume Share, By Sector, 2021 & 2031F |
4Australia Carbon Credit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government regulations and policies promoting carbon reduction initiatives |
4.2.2 Increasing awareness and concern about climate change among businesses and consumers |
4.2.3 Adoption of carbon offsetting practices by companies to meet sustainability goals |
4.3 Market Restraints |
4.3.1 Volatility in carbon credit prices |
4.3.2 Lack of standardized measurement and reporting frameworks for carbon credits |
4.3.3 Competition from alternative sustainability measures such as renewable energy investments |
5Australia Carbon Credit Market Trends |
6Australia Carbon Credit Market, By Sector |
6.1.1 Overview and Analysis |
6.1.2Australia Carbon Credit Market Revenues & Volume, By Sector , 2021-2031F |
6.1.3Australia Carbon Credit Market Revenues & Volume, By Energy, 2021-2031F |
6.1.4Australia Carbon Credit Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.5Australia Carbon Credit Market Revenues & Volume, By Residential And Commercial Buildings, 2021-2031F |
6.1.6Australia Carbon Credit Market Revenues & Volume, By Industry, 2021-2031F |
6.1.7Australia Carbon Credit Market Revenues & Volume, By Agriculture, 2021-2031F |
6.1.8Australia Carbon Credit Market Revenues & Volume, By Forestry, 2021-2031F |
6.1.9Australia Carbon Credit Market Revenues & Volume, By Water And Wastewater, 2021-2031F |
7Australia Carbon Credit Market Import-Export Trade Statistics |
7.1Australia Carbon Credit Market Export to Major Sector |
7.2Australia Carbon Credit Market Imports from Major Sector |
8Australia Carbon Credit Market Key Performance Indicators |
8Australia.1 Number of new government regulations or policies supporting carbon credit market growth |
8Australia.2 Total carbon emissions reduced through carbon credit projects |
8Australia.3 Number of companies adopting carbon offsetting strategies |
8Australia.4 Amount of investment in carbon credit projects |
8Australia.5 Percentage of companies meeting sustainability targets through carbon credits. |
9Australia Carbon Credit Market - Opportunity Assessment |
9.1Australia Carbon Credit Market Opportunity Assessment, By Sector , 2021 & 2031F |
10Australia Carbon Credit Market - Competitive Landscape |
10.1Australia Carbon Credit Market Revenue Share, By Companies, 2024 |
10.2Australia Carbon Credit Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |