Report cover image

India Carbon Credit Market

Published Nov 07, 2025
Length 140 Pages
SKU # CMI20658551

Description

The India carbon credit market is estimated to be valued at USD 4.17 Bn in 2025 and is expected to reach USD 48.24 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 41.24% from 2025 to 2032. The India carbon credit market represents a pivotal mechanism in the country's ambitious climate action framework, serving as a financial instrument that enables the quantification, trading, and monetization of greenhouse gas emission reductions.

Market Dynamics

The India carbon credit market is propelled by several robust drivers that create a conducive environment for sustained growth and expansion. The primary driver stems from India's stringent climate commitments, including the pledge to achieve net-zero emissions by 2070 and reduce emissions intensity by 45% by 2030, which necessitates large-scale adoption of carbon offset mechanisms across industries.

Key Features of the Study
  • This report provides in-depth analysis of the India carbon credit market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the India carbon credit market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include AltaGas Ltd, 3Degrees Group, Inc, Carbon Care Asia, CarbonBetter, ClearSky, EKI Energy Services, Finite Carbon, NativeEnergy, South Pole, and Torrent Power Limited
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The India carbon credit market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the India carbon credit market
Market Segmentation
  • Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Compliance
  • Voluntary
  • Project Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Avoidance/Reduction Projects
  • Removal/Sequestration Projects
  • Nature-based
  • Technology-based
  • End-use Industry Insights (Revenue, USD Bn, 2020 - 2032)
  • Power
  • Energy
  • Aviation
  • Transportation
  • Buildings
  • Industrial
  • Others
  • Key Players Insights
  • AltaGas Ltd
  • 3Degrees Group, Inc
  • Carbon Care Asia
  • CarbonBetter
  • ClearSky
  • EKI Energy Services
  • Finite Carbon
  • NativeEnergy
  • South Pole
  • Torrent Power Limited

Table of Contents

140 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
India Carbon Credit Market, By Type
India Carbon Credit Market, By Project Type
India Carbon Credit Market, By End-use Industry
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. India Carbon Credit Market, By Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Compliance
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Voluntary
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. India Carbon Credit Market, By Project Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Avoidance/Reduction Projects
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Removal/Sequestration Projects
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Nature-based
Technology-based
6. India Carbon Credit Market, By End-use Industry, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Power
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Energy
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Aviation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Transportation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Buildings
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Competitive Landscape
AltaGas Ltd
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
3Degrees Group, Inc
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Carbon Care Asia
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
CarbonBetter
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
ClearSky
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
EKI Energy Services
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Finite Carbon
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
NativeEnergy
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
South Pole
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Torrent Power Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
8. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
9. References and Research Methodology
References
Research Methodology
About us
*Browse 32 market data tables and 28 figures on ‘Carbon Credit Market' – India forecast to 2032
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.