Albany, NY -- (SBWIRE) -- 10/19/2016 -- The adoption of emission trading schemes is likely to rise over the next couple of years as companies strive to reduce the amount of emissions from their manufacturing units, states Transparency Market Research (TMR) in a new research report. The report is titled, "Emission Trading Schemes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015–2021."
The study provides an outlook of the historical growth trajectory along with the present market scenario and the growth prospects arising for the companies in the global emission trading schemes market. It also assesses the various important elements at play in the market and the prevalent trends. The report also highlights the dynamics that are anticipated to hinder or drive the growth of the global emission trading schemes market. Information on the projected volume and revenue growth of the market has also been provided in the report.
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The market intelligence report further evaluates the schemes, key strategies, and shares of the leading players operating in the global emission trading schemes market. To present a clear picture of the market, the study also provides an analysis of the competitive rivalry among the leading scheme providers. The study utilizes Porter's five forces analysis to make this evaluation. It further offers an overview of the degree of entry and exit barriers in the global emission trading schemes market. According to the report, emission trading schemes are expected to emerge as the backbone of recent pollution control systems worldwide.
The report states that various countries across the world have adopted different emission trading schemes in order to combat pollution and climate change. The growth of the global emission trading schemes market can also be attributed to the need for addressing global greenhouse gas emissions and the implementation of pollution control standards. Cost effectiveness and global acceptance of economic incentives are factors that are further likely to drive the growth of the global emission trading schemes market
Emission trading schemes have applications in industries such as healthcare, manufacturing, aerospace, and automotive. Technological advancements in pollution control systems, coupled with rising environmental awareness, are likely to act as a catalyst in the implementation of emission trading schemes across numerous companies. Moreover, the success of emission trading schemes in combating pollution over the last couple of years is expected to bode well for the market.
Region-wise, Asia Pacific emerged dominant in terms of implementation and acceptance of emission trading schemes. The growth of the market in this region can be attributed to the rising acceptance of emission trading schemes in sectors such as petroleum, aluminum, steel, newsprint, and cement. However, the market for emission trading schemes is projected to steadily rise in Europe and North America as well. Some of the leading organizations providing emission trading schemes are Carbon Market Data, Bedminster International, GreenTek Indika, CK Connect Co2, and Ecolutions GmbH.
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