지속가능성 인증 시장 – 2030년까지의 세계 예측

Sustainability Certification Market – Global Forecast to 2030

지속가능성 인증 시장 – 기후영향, 재료 지속가능성, 에너지 및 배출관리(수소, 탄소, 온실가스 관리), 그린빌딩, 전기자동차(EV)용 배터리, 순환형 경제 – 2030년까지의 세계 예측

Sustainability Certification Market by Climate Impact, Material Sustainability, Energy & Emissions Management (Hydrogen, Carbon & Greenhouse Gas Management), Green Buildings, Electric Vehicle (EV) Batteries, Circular Economy – Global Forecast to 2030

　　　　주문/문의　　　　조사회사/라이센스/납기안내

Report Overview

The global sustainability certification market is estimated to be valued at USD 4.25 billion by 2030, up from USD 3.10 billion in 2025, at a CAGR of 6.5% during the forecast period.

글로벌 지속 가능성 인증 시장 규모는 2030년까지 42억 5천만 달러로 성장할 것으로 추산되며, 이는 2025년의 31억 달러에서 증가한 수치입니다. 또한 예측 기간 동안 연평균 성장률은 6.5%입니다.

Growing consumer consciousness of sustainable products, rising corporate sustainability commitments, and stringent regulations on ESG reporting are the major drivers of the growth of the sustainability certification market. The global market growth is expected to be substantial as companies focus on sustainability in supply chains and investors demand improved ESG performance. Moreover, progress in digital verification tools, including blockchain and AI, is increasing traceability, with industry-specific and circular economy certifications on the rise. Investments in green energy and carbon markets are also increasing adoption of certification schemes, bolstering transparency and compliance across industries.

지속가능성 제품에 대한 소비자 인식 제고, 기업의 지속가능성 약속 강화, 그리고 ESG 보고에 대한 엄격한 규제는 지속가능성 인증 시장 성장의 주요 동력입니다. 기업들이 공급망의 지속가능성에 집중하고 투자자들이 ESG 성과 개선을 요구함에 따라 글로벌 시장 성장세는 상당할 것으로 예상됩니다. 또한, 블록체인과 AI를 포함한 디지털 검증 도구의 발전으로 추적성이 향상되고 있으며, 산업별 및 순환 경제 인증이 증가하고 있습니다. 친환경 에너지 및 탄소 시장에 대한 투자 또한 인증 제도 도입을 확대하여 산업 전반의 투명성과 규정 준수를 강화하고 있습니다.

“Mobility & transportation to register the highest CAGR during the forecast period.”

The mobility & transportation segment will exhibit the highest CAGR of the sustainability certification market during the forecast period due to its critical role in emissions savings, fuel consumption, and compliance. Sustainability certifications make it easy to comply in that they can be conveniently incorporated into corporate sustainability programs to enable transparent carbon reporting and ethical supply chain sourcing in applications such as electric vehicles and public transport. Internet platforms are revolutionizing the market by providing real-time tracking, lifecycle assessment, and optimal sustainability management. Companies such as Tesla (US) and Ford Motor Company (US) are implementing schemes of certification to facilitate support for environmental claims and supply chain transparency. The movement towards green mobility solutions and policy pressures on emissions is fuelling the uptake of sustainability certifications, with producers embracing lifecycle assessment methodologies and carbon footprint monitoring to keep pace with regulation and brand reputation. The increased need for valid, reproducible, and AI-based sustainability solutions will also drive certification uptake in the market in the future, with mobility and transport being the fastest-growing segment.

“Climate impact segment to account the largest market share during the forecast period.”

The climate impact segment leads the sustainability certification market due to reduced carbon emissions, carbon neutrality, and net-zero certifications from industries seeking to meet international climate targets. The segment leads due to increased regulatory pressures and business efforts to reduce greenhouse gas emissions. Certification bodies now compete alongside consulting and verification services as critical contributors to this sector. The climate impact certifications cover carbon footprint assessment, emission reduction verification, carbon offset validation, and net-zero achievement recognition. Organizations continually enhance their certification programs to maintain leadership. Global providers such as SGS SA (Switzerland) and Bureau Veritas (France) expand their services by offering comprehensive carbon management solutions, which represent a major share of this market. These programs deliver accurate reporting and help businesses demonstrate accountability. The market continues to grow as industries seek reliable certifications to strengthen environmental performance and meet sustainability targets.

“North America registered the second largest market share during the forecast period.”

North America has the second-largest market share of sustainability certifications, with expansion spurred by increasing adoption in industries like energy & emissions management, infrastructure, and mobility & transportation. The US, a leading proponent of clean energy and green building, relies on certifications to meet environmental laws and enhance operational sustainability. Likewise, the manufacturing industry increasingly incorporates certification programs to become more transparent in the supply chain and achieve carbon reduction goals. The enforcement of the United States-Mexico-Canada Agreement (USMCA) has further strengthened regional sustainability initiatives by encouraging more stringent environmental regulations and sustainable sourcing practices and increasing certification requirements. Moreover, the existence of regulatory agencies such as the Environmental Protection Agency (EPA) and sustainability standards and guidelines such as Leadership in Energy and Environmental Design (LEED), and the Global Reporting Initiative (GRI) guarantees uniform sustainability practices. Major players in the region are UL LLC (US), SCS Global Services (US), Green Business Certification Inc. (GBCI) (US), and LabTest Certification Inc. (Canada), contributing further to the utilization of certification schemes across various industries.

The break-up of the profile of primary participants in the sustainability certification market-

• By Company Type: Tier 1 – 40%, Tier 2 – 35%, Tier 3 – 25%
• By Designation Type: C Level – 40%, Director Level – 30%, Others – 30%
• By Region Type: Asia Pacific – 35%, North America – 25%, Europe – 25%, Rest of the World – 15%

The major players in the sustainability certification market with a significant global presence include SGS Société Générale de Surveillance SA (SGS SA) (Switzerland), UL LLC (US), TUV SUD (Germany), TUV Rheinland (Germany), Bureau Veritas (France), and others.

Research Coverage

The report segments the sustainability certification market and forecasts its market size by application, vertical, sustainability focus, and region. The report provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. It covers qualitative aspects in addition to quantitative aspects of the market. The report segments the sustainability certification market and forecasts its market size by application, vertical, sustainability focus, and region.

• By Application
  • Energy & Emissions Management
    • Renewable Energy
      • Solar
      • Wind
      • Hydrogen
      • Biomass
    • Carbon & Greenhouse Gas Management
  •  Mobility & Transportation
    • Electric Vehicle (EV) Batteries
    • Vehicle Emission Testing
  • Infrastructure
    • Green Buildings
    • Sustainable Construction Materials
  • Circular Economy
    • Sustainable Packaging & Materials
    • Waste Management & Recycling
    • Responsible Sourcing
• By Vertical
  • Industrial
    • Discrete
    • Process
  • Residential
  • Commercial
• By Sustainability Focus
  • Climate Impact
  • Energy Efficiency
  • Material Sustainability & Waste Management
  • Supply Chain Sustainability
• By Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Poland
    • Nordics
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Indonesia
    • Malaysia
    • Thailand
    • Vietnam
    • Rest of Asia Pacific
  • RoW
    • Middle East
      • Bahrain
      • Kuwait
      • Oman
      • Qatar
      • Saudi Arabia
      • United Arab Emirates (UAE)
      • Rest of Middle East
    • Africa
    • South Africa
    • Other African Countries
    • South America

Reasons to buy the report:

The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall sustainability certification market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

• Analysis of key drivers (rising consumer awareness and demand for sustainable products, growth in sustainable supply chain practices, corporate sustainability commitments and net-zero pledges, investor pressure for better ESG performance and disclosure, regulatory pressures and compliance requirements for ESG reporting), restraints (high costs of obtaining and maintaining multiple certifications, complex certification standards, limited resources for small and medium enterprises to participate), opportunities (rising demand for industry-specific certifications, circular economy-focused certifications, growing investments/advancements in green energy and carbon markets, digital verification technologies (blockchain, IoT, AI) to improve traceability), and challenges (ensuring credibility and avoiding greenwashing accusations, adaptation to evolving sustainability metrics and standards)
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new service launches in the sustainability certification market.
• Market Development: Comprehensive information about expanding markets – the report analyses the sustainability certification market across varied regions.
• Market Diversification: Exhaustive information about new certification services, untapped geographies, recent developments, and investments in the sustainability certification market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and solution and service offerings of leading players, including Société Générale de Surveillance SA (SGS SA) (Switzerland), UL LLC (US), TUV SUD (Germany), TUV Rheinland (Germany), Bureau Veritas (France), DEKRA (Germany), Intertek Group plc (UK), DNV GL (Norway), Element Materials Technology (UK), LRQA Group Limited (UK), TUV NORD Group (Germany), and Control Union (Netherlands).

Table of Contents

1               INTRODUCTION              27

1.1           STUDY OBJECTIVES       27

1.2           MARKET DEFINITION   28

1.3           STUDY SCOPE   29

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      29

1.3.2        INCLUSIONS AND EXCLUSIONS 30

1.3.3        YEARS CONSIDERED      31

1.4           CURRENCY CONSIDERED            31

1.5           UNIT CONSIDERED        31

1.6           STAKEHOLDERS               31

2               RESEARCH METHODOLOGY       32

2.1           RESEARCH DATA              32

2.1.1        SECONDARY AND PRIMARY RESEARCH 33

2.1.2        SECONDARY DATA          34

2.1.2.1    List of key secondary sources              34

2.1.2.2    Key data from secondary sources       34

2.1.3        PRIMARY DATA 35

2.1.3.1    List of primary interview participants               35

2.1.3.2    Breakdown of primaries      35

2.1.3.3    Key data from primary sources           36

2.1.3.4    Key industry insights           36

2.2           MARKET SIZE ESTIMATION METHODOLOGY     37

2.2.1        BOTTOM-UP APPROACH              37

2.2.1.1    Approach to estimate market size using bottom-up analysis

(demand side)       37

2.2.2        TOP-DOWN APPROACH                38

2.2.2.1    Approach to estimate market size using top-down analysis

(supply side)         38

2.3           FACTOR ANALYSIS          39

2.3.1        DEMAND-SIDE ANALYSIS             39

2.3.2        SUPPLY-SIDE ANALYSIS                 40

2.4           DATA TRIANGULATION                41

2.5           RESEARCH ASSUMPTIONS           42

2.6           RESEARCH LIMITATIONS             42

2.7           RISK ASSESSMENT           43

3               EXECUTIVE SUMMARY  44

4               PREMIUM INSIGHTS       48

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SUSTAINABILITY CERTIFICATION MARKET         48

4.2           SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION   49

4.3           SUSTAINABILITY CERTIFICATION MARKET, BY VERTICAL            49

4.4           SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS               50

4.5           SUSTAINABILITY CERTIFICATION MARKET, BY REGION                 50

4.6           SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY            51

5               MARKET OVERVIEW       52

5.1           INTRODUCTION              52

5.2           MARKET DYNAMICS       53

5.2.1        DRIVERS               53

5.2.1.1    Consumer demand for sustainability certified products 53

5.2.1.2    Corporate sustainability commitments and net-zero pledges                 54

5.2.1.3    Investor demand for ESG compliance               54

5.2.1.4    Increasing regulatory pressure           55

5.2.2        RESTRAINTS      56

5.2.2.1    High costs of obtaining and maintaining multiple certifications                 56

5.2.2.2    Complexity and fragmentation in sustainability certification standards                57

5.2.3        OPPORTUNITIES              58

5.2.3.1    Rising demand for industry-specific certifications          58

5.2.3.2    Increasing focus on circular economy certifications        58

5.2.3.3    Advancements in green energy and carbon markets       59

5.2.3.4    Digital verification technologies to improve traceability                 59

5.2.4        CHALLENGES    60

5.2.4.1    Managing greenwashing concerns and ensuring credibility                 60

5.2.4.2    Evolving sustainability metrics and regulatory standards                 61

5.3           VALUE CHAIN ANALYSIS               62

5.4           ECOSYSTEM ANALYSIS  64

5.5           INVESTMENT AND FUNDING SCENARIO               66

5.6           TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            67

5.7           TECHNOLOGY ANALYSIS             68

5.7.1        KEY TECHNOLOGIES     68

5.7.1.1    Life cycle assessment (LCA) software               68

5.7.1.2    Blockchain for sustainable packaging traceability           68

5.7.2        COMPLEMENTARY TECHNOLOGIES       69

5.7.2.1    Cloud-based ESG analytics platforms               69

5.7.2.2    Energy management systems (EMS)                 69

5.7.2.3    Carbon accounting & emission tracking software            70

5.7.2.4    Digital twin technology for green buildings & EV batteries                 70

5.7.3        ADJACENT TECHNOLOGIES       70

5.7.3.1    Circular economy & waste management technologies    70

5.7.3.2    Battery recycling & second-life solutions          71

5.7.3.3    Hydrogen fuel cell & electrolysis technologies 71

5.8           PRICING ANALYSIS          71

5.8.1        AVERAGE SELLING PRICE TREND OF EV BATTERY CERTIFICATIONS,

BY KEY PLAYER, 2021–2024            71

5.8.2        AVERAGE SELLING PRICE TREND OF EV BATTERY CERTIFICATIONS,

BY REGION, 2021–2024    72

5.8.3        AVERAGE SELLING PRICE TREND OF GREEN BUILDING CERTIFICATIONS,

BY KEY PLAYER, 2021–2024            74

5.8.4        AVERAGE SELLING PRICE TREND OF GREEN BUILDING CERTIFICATIONS,

BY REGION, 2021–2024    75

5.9           PORTER’S FIVE FORCES ANALYSIS           76

5.9.1        THREAT OF NEW ENTRANTS      77

5.9.2        THREAT OF SUBSTITUTES          77

5.9.3        BARGAINING POWER OF SUPPLIERS       78

5.9.4        BARGAINING POWER OF BUYERS             78

5.9.5        INTENSITY OF COMPETITIVE RIVALRY 78

5.10         KEY STAKEHOLDERS AND BUYING CRITERIA     79

5.10.1      KEY STAKEHOLDERS IN BUYING PROCESS           79

5.10.2      BUYING CRITERIA           80

5.11         CASE STUDY ANALYSIS 81

5.11.1      HEMPFLAX ACHIEVES ISCC PLUS CERTIFICATION WITH DEKRA TO STRENGTHEN SUSTAINABILITY LEADERSHIP                 81

5.11.2      SANDERSON DESIGN GROUP AND PLANET MARK COLLABORATE ON NET-ZERO ROADMAP FOR SUSTAINABLE OPERATIONS     81

5.11.3      SGS SA AND JAMES HARDIE COLLABORATE ON LCA FOR SUSTAINABLE GYPSUM FIBER BOARDS 82

5.12         TRADE ANALYSIS             82

5.12.1      IMPORT SCENARIO (HS CODE 2804)        83

5.12.2      EXPORT SCENARIO (HS CODE 2804)        84

5.13         PATENT ANALYSIS          85

5.14         TARIFF AND REGULATORY LANDSCAPE               89

5.14.1      TARIFF ANALYSIS (HS CODE 2804)            89

5.14.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             89

5.15         KEY CONFERENCES AND EVENTS, 2025–2026        91

5.16         IMPACT OF AI/GEN AI ON SUSTAINABILITY CERTIFICATION MARKET             92

6               KEY FUNCTIONS OF SUSTAINABILITY CERTIFICATIONS                 93

6.1           INTRODUCTION              93

6.2           ENVIRONMENTAL SUSTAINABILITY       93

6.3           SOCIAL AND ETHICAL RESPONSIBILITY                93

6.4           PRODUCT & PROCESS-SPECIFIC STANDARDS    94

7               SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION   95

7.1           INTRODUCTION              96

7.2           ENERGY & EMISSIONS MANAGEMENT   97

7.2.1        RENEWABLE ENERGY    99

7.2.1.1    Rising net-zero targets and carbon pricing policies to drive market    99

7.2.1.2    Solar       101

7.2.1.2.1 Falling PV costs and energy storage advances to expand solar certification market              101

7.2.1.3    Wind       103

7.2.1.3.1 Rapid growth in floating offshore wind projects to propel demand for wind energy certifications             103

7.2.1.4    Hydrogen               105

7.2.1.4.1 Emergence of global hydrogen tracking and certification codes to drive market growth             105

7.2.1.5    Biomass 108

7.2.1.5.1 Need for regulatory compliance in biomass energy to drive market growth       108

7.2.2        CARBON & GREENHOUSE GAS MANAGEMENT   109

7.2.2.1    Accelerating decarbonization and green finance to propel market                 109

7.3           MOBILITY & TRANSPORTATION               111

7.3.1        RISING REGULATORY STANDARDS AND GREEN MOBILITY INITIATIVES TO FUEL DEMAND          111

7.3.2        ELECTRIC VEHICLE (EV) BATTERIES      112

7.3.2.1    Battery recycling and safety compliance to boost demand for sustainability certification   112

7.3.3        VEHICLE EMISSION STANDARDS              114

7.3.3.1    Stricter emission norms and green policy initiatives to drive market    114

7.4           INFRASTRUCTURE          115

7.4.1        INCREASING REGULATORY STANDARDS AND GREEN FINANCING TO BOOST MARKET GROWTH          115

7.4.2        GREEN BUILDINGS         117

7.4.2.1    Government incentives and energy efficiency standards to drive green buildings certification                117

7.4.3        SUSTAINABLE CONSTRUCTION MATERIALS       118

7.4.3.1    Increasing adoption of low-carbon alternatives to propel demand                 118

7.5           CIRCULAR ECONOMY    119

7.5.1        REGULATORY SUPPORT AND CORPORATE COMMITMENTS TO DRIVE CIRCULAR ECONOMY CERTIFICATIONS             119

7.5.2        SUSTAINABLE PACKAGING & MATERIALS            121

7.5.2.1    Rising demand for biodegradable and recyclable alternatives to propel sustainable packaging & materials certification   121

7.5.3        WASTE MANAGEMENT & RECYCLING    122

7.5.3.1    Adoption of advanced recycling technologies to boost waste management & recycling certification               122

7.5.4        RESPONSIBLE SOURCING             124

7.5.4.1    Ethical sourcing practices to accelerate responsible sourcing certification            124

8               SUSTAINABILITY CERTIFICATION MARKET, BY VERTICAL            125

8.1           INTRODUCTION              126

8.2           INDUSTRIAL      127

8.2.1        GROWING SUSTAINABILITY REGULATIONS TO DRIVE INDUSTRIAL CERTIFICATION MARKET 127

8.2.2        DISCRETE            128

8.2.3        PROCESS              128

8.3           COMMERCIAL   128

8.3.1        PREFERENCE FOR SUSTAINABLE WORKSPACES TO SUPPORT MARKET GROWTH     128

8.4           RESIDENTIAL    129

8.4.1        RISING ECO-CONSCIOUS HOMEBUYERS TO DRIVE RESIDENTIAL SUSTAINABILITY CERTIFICATIONS            129

9               SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS               131

9.1           INTRODUCTION              132

9.2           CLIMATE IMPACT            133

9.2.1        CARBON REDUCTION INITIATIVES TO DRIVE MARKET GROWTH             133

9.3           ENERGY EFFICIENCY     135

9.3.1        RISING ENERGY COSTS AND REGULATIONS TO FUEL CERTIFICATION DEMAND           135

9.4           MATERIAL SUSTAINABILITY       136

9.4.1        CIRCULAR ECONOMY INITIATIVES AND ADOPTION OF GREEN MATERIALS TO DRIVE GROWTH                136

9.5           SUPPLY CHAIN SUSTAINABILITY              137

9.5.1        ESG COMPLIANCE AND ETHICAL SOURCING TO DRIVE MARKET GROWTH          137

10            SUSTAINABILITY CERTIFICATION MARKET, BY REGION                 138

10.1         INTRODUCTION              139

10.2         NORTH AMERICA             140

10.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 140

10.2.2      US           145

10.2.2.1  ESG compliance and corporate transparency to propel growth                 145

10.2.3      CANADA               146

10.2.3.1  Government incentives and net-zero goals to accelerate adoption                 146

10.2.4      MEXICO                147

10.2.4.1  Export-driven sustainability standards to boost market demand                 147

10.3         EUROPE               148

10.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      148

10.3.2      GERMANY           154

10.3.2.1  Industrial sustainability and circular economy initiatives to drive certification demand            154

10.3.3      UK          155

10.3.3.1  Net zero targets and ESG mandates to propel market growth                 155

10.3.4      FRANCE                156

10.3.4.1  Implementation of carbon reduction strategies and ethical sourcing to boost demand for certification       156

10.3.5      ITALY    157

10.3.5.1  Sustainable infrastructure and renewable energy investments to drive market growth             157

10.3.6      SPAIN    158

10.3.6.1  Renewable energy expansion and eco-labeling initiatives to drive certification uptake               158

10.3.7      POLAND               159

10.3.7.1  Regulatory compliance and corporate sustainability initiatives to accelerate market growth    159

10.3.8      NORDICS             160

10.3.8.1  Circular economy leadership and green investments to bolster certification demand            160

10.3.9      REST OF EUROPE             161

10.4         ASIA PACIFIC     162

10.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 162

10.4.2      CHINA  168

10.4.2.1  Government policies and industrial sustainability initiatives to bolster certification demand               168

10.4.3      JAPAN   169

10.4.3.1  Corporate ESG commitments and circular economy initiatives to accelerate market growth    169

10.4.4      SOUTH KOREA  170

10.4.4.1  Green economy initiatives and renewable energy policies to drive market    170

10.4.5      INDIA    171

10.4.5.1  Strong regulatory framework and corporate sustainability goals to accelerate growth 171

10.4.6      AUSTRALIA         172

10.4.6.1  Green building and renewable energy expansion to propel certification market              172

10.4.7      INDONESIA        173

10.4.7.1  Sustainable agriculture and deforestation regulations to drive demand  173

10.4.8      THAILAND          174

10.4.8.1  Green tourism and eco-friendly manufacturing to support market growth    174

10.4.9      MALAYSIA           174

10.4.9.1  Export-oriented sustainability standards to boost certification market    174

10.4.10   VIETNAM             175

10.4.10.1                 Growing manufacturing sector and trade agreements to propel demand      175

10.4.11   REST OF ASIA PACIFIC   176

10.5         ROW      177

10.5.1      MACROECONOMIC OUTLOOK FOR ROW              177

10.5.2      MIDDLE EAST   181

10.5.2.1  Government policies and green investments to drive demand for sustainability certification   181

10.5.2.2  Bahrain  183

10.5.2.2.1                ESG commitments and sustainable development to fuel certification demand            183

10.5.2.3  Kuwait    183

10.5.2.3.1                Renewable energy expansion and green building regulations to propel demand             183

10.5.2.4  Oman     183

10.5.2.4.1                Green initiatives and eco-friendly construction to drive certification market              183

10.5.2.5  Qatar      184

10.5.2.5.1                Growing smart cities and sustainable urban development to accelerate certification adoption            184

10.5.2.6  Saudi Arabia          184

10.5.2.6.1                Vision 2030 and development of smart cities to accelerate certification adoption        184

10.5.2.7  UAE        184

10.5.2.7.1                Green economy and ESG compliance to strengthen certification market              184

10.5.2.7.2                Rest of Middle East              185

10.5.3      AFRICA 185

10.5.3.1  Expanding renewable energy and green regulations to drive market    185

10.5.3.2  South Africa           186

10.5.3.3  Other African countries      186

10.5.4      SOUTH AMERICA             187

10.5.4.1  ESG compliance and green infrastructure to boost certification market    187

11            COMPETITIVE LANDSCAPE         188

11.1         OVERVIEW          188

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2025                 188

11.3         MARKET SHARE ANALYSIS, 2024                 190

11.4         REVENUE ANALYSIS, 2020–2024  192

11.5         COMPANY VALUATION AND FINANCIAL METRICS, 2025                 193

11.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 194

11.6.1      STARS   194

11.6.2      EMERGING LEADERS     194

11.6.3      PERVASIVE PLAYERS      194

11.6.4      PARTICIPANTS 195

11.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         196

11.6.5.1  Company footprint               196

11.6.5.2  Region footprint   197

11.6.5.3  Sustainability focus footprint              198

11.6.5.4  Vertical footprint  199

11.6.5.5  Application footprint            200

11.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        201

11.7.1      PROGRESSIVE COMPANIES         201

11.7.2      RESPONSIVE COMPANIES            201

11.7.3      DYNAMIC COMPANIES  201

11.7.4      STARTING BLOCKS         201

11.7.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 203

11.7.5.1  Detailed list of key startups/SMEs    203

11.7.5.2  Competitive benchmarking of key startups/SMEs          203

11.8         BRAND/SERVICE COMPARISON 204

11.9         COMPETITIVE SCENARIO             205

11.9.1      SERVICE LAUNCHES       205

11.9.2      DEALS  206

11.9.3      EXPANSIONS     207

11.9.4      OTHER DEVELOPMENTS              208

12            COMPANY PROFILES      209

12.1         INTRODUCTION              209

12.2         KEY PLAYERS     209

12.2.1      SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA 209

12.2.1.1  Business overview 209

12.2.1.2  Services offered     211

12.2.1.3  Recent developments           214

12.2.1.3.1                Service launches   214

12.2.1.3.2                Deals      215

12.2.1.4  MnM view              215

12.2.1.4.1                Key strengths        215

12.2.1.4.2                Strategic choices   215

12.2.1.4.3                Weaknesses and competitive threats 216

12.2.2      UL LLC 217

12.2.2.1  Business overview 217

12.2.2.2  Services offered     218

12.2.2.3  Recent developments           220

12.2.2.3.1                Expansions             220

12.2.2.3.2                Other developments             220

12.2.2.4  MnM view              221

12.2.2.4.1                Key strengths        221

12.2.2.4.2                Strategic choices   221

12.2.2.4.3                Weaknesses and competitive threats 221

12.2.3      DEKRA  222

12.2.3.1  Business overview 222

12.2.3.2  Services offered     223

12.2.3.3  MnM view              225

12.2.3.3.1                Key strengths        225

12.2.3.3.2                Strategic choices   226

12.2.3.3.3                Weaknesses and competitive threats 226

12.2.4      BUREAU VERITAS             227

12.2.4.1  Business overview 227

12.2.4.2  Services offered     228

12.2.4.3  Recent developments           231

12.2.4.3.1                Service launches   231

12.2.4.3.2                Deals      232

12.2.4.3.3                Expansions             233

12.2.4.3.4                Other developments             233

12.2.4.4  MnM view              234

12.2.4.4.1                Key strengths        234

12.2.4.4.2                Strategic choices   234

12.2.4.4.3                Weaknesses and competitive threats 234

12.2.5      TÜV SÜD              235

12.2.5.1  Business overview 235

12.2.5.2  Services offered     236

12.2.5.3  MnM view              238

12.2.5.3.1                Key strengths        238

12.2.5.3.2                Strategic choices   238

12.2.5.3.3                Weaknesses and competitive threats 238

12.2.6      INTERTEK GROUP PLC  239

12.2.6.1  Business overview 239

12.2.6.2  Services offered     241

12.2.7      DNV GL                 242

12.2.7.1  Business overview 242

12.2.7.2  Services offered     243

12.2.8      TÜV RHEINLAND             247

12.2.8.1  Business overview 247

12.2.8.2  Services offered     248

12.2.9      ELEMENT MATERIALS TECHNOLOGY    253

12.2.9.1  Business overview 253

12.2.9.2  Services offered     253

12.2.10   LRQA GROUP LIMITED 254

12.2.10.1                 Business overview 254

12.2.10.2                 Services offered     254

12.3         OTHER PLAYERS              256

12.3.1      EUROFINS SCIENTIFIC  256

12.3.2      APPLUS+              257

12.3.3      KIWA     258

12.3.4      TÜV NORD GROUP         259

12.3.5      NORMEC QS       260

12.3.6      EQUITABLE ORIGIN       261

12.3.7      SINOVOLTAICS GROUP LIMITED              262

12.3.8      NEMK0 263

12.3.9      VDE RENEWABLES GMBH             264

12.3.10   LABTEST CERTIFICATION INC. 265

12.3.11   GREEN BUSINESS CERTIFICATION INC. 266

12.3.12   SCS GLOBAL SERVICES 267

12.3.13   CONTROL UNION            268

12.3.14   RINA S.P.A.          269

12.3.15   BRE        270

13            APPENDIX           271

13.1         INSIGHTS FROM INDUSTRY EXPERTS     271

13.2         DISCUSSION GUIDE        272

13.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                275

13.4         CUSTOMIZATION OPTIONS        277

13.5         RELATED REPORTS         277

13.6         AUTHOR DETAILS           278

LIST OF TABLES

TABLE 1                SUSTAINABILITY CERTIFICATION MARKET: RESEARCH ASSUMPTIONS           42

TABLE 2                SUSTAINABILITY CERTIFICATION MARKET: RISK ASSESSMENT           43

TABLE 3                SUSTAINABILITY CERTIFICATION MARKET: ROLE OF COMPANIES IN ECOSYSTEM    65

TABLE 4                AVERAGE SELLING PRICE TREND OF EV BATTERY CERTIFICATIONS OFFERED

BY KEY PLAYERS, 2021–2024 (USD)            72

TABLE 5                AVERAGE SELLING PRICE TREND OF EV BATTERY CERTIFICATIONS, BY REGION, 2021–2024 (USD)                 73

TABLE 6                AVERAGE SELLING PRICE TREND OF GREEN BUILDING CERTIFICATIONS OFFERED BY KEY PLAYERS, 2021–2024 (USD)          74

TABLE 7                AVERAGE SELLING PRICE TREND OF GREEN BUILDING CERTIFICATIONS,

BY REGION, 2021–2024 (USD)      75

TABLE 8                SUSTAINABILITY CERTIFICATION MARKET: IMPACT OF PORTER’S FIVE FORCES        77

TABLE 9                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)                 79

TABLE 10              KEY BUYING CRITERIA, BY APPLICATION                 80

TABLE 11              IMPORT DATA FOR HS CODE 2804-COMPLIANT PRODUCTS, BY COUNTRY,

2019–2023 (USD MILLION)            83

TABLE 12              EXPORT DATA FOR HS CODE 2804-COMPLIANT PRODUCTS, BY COUNTRY,

2019–2023 (USD MILLION)            84

TABLE 13              LIST OF MAJOR PATENTS, 2021–2024        86

TABLE 14              MFN IMPORT TARIFFS FOR HS CODE 2804-COMPLIANT PRODUCTS,

BY COUNTRY, 2023           89

TABLE 15              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 90

TABLE 16              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           90

TABLE 17              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 90

TABLE 18              ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           90

TABLE 19              SUSTAINABILITY CERTIFICATION MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2025–2026       91

TABLE 20              SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            96

TABLE 21              SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            97

TABLE 22              ENERGY & EMISSIONS MANAGEMENT: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 97

TABLE 23              ENERGY & EMISSIONS MANAGEMENT: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 98

TABLE 24              ENERGY & EMISSIONS MANAGEMENT: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION)       98

TABLE 25              ENERGY & EMISSIONS MANAGEMENT: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION)       98

TABLE 26              ENERGY & EMISSIONS MANAGEMENT: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)        98

TABLE 27              ENERGY & EMISSIONS MANAGEMENT: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)        99

TABLE 28              RENEWABLE ENERGY: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2021–2024 (USD MILLION)            99

TABLE 29              RENEWABLE ENERGY: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2025–2030 (USD MILLION)            100

TABLE 30              RENEWABLE ENERGY: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION)            100

TABLE 31              RENEWABLE ENERGY: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION)            100

TABLE 32              RENEWABLE ENERGY: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)  101

TABLE 33              RENEWABLE ENERGY: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)  101

TABLE 34              SOLAR: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            102

TABLE 35              SOLAR: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            102

TABLE 36              SOLAR: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)                 102

TABLE 37              SOLAR: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)                 103

TABLE 38              WIND: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            104

TABLE 39              WIND: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            104

TABLE 40              WIND: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)                 104

TABLE 41              WIND: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)                 104

TABLE 42              HYDROGEN: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            106

TABLE 43              HYDROGEN: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            106

TABLE 44              HYDROGEN: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)                 106

TABLE 45              HYDROGEN: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)                 106

TABLE 46              HYDROGEN: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2021–2024 (USD MILLION)            107

TABLE 47              HYDROGEN: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2025–2030 (USD MILLION)            107

TABLE 48              HYDROGEN: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2021–2024 (MILLION TONNES)   107

TABLE 49              HYDROGEN: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2025–2030 (MILLION TONNES)   107

TABLE 50              BIOMASS: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            108

TABLE 51              BIOMASS: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            109

TABLE 52              BIOMASS: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)                 109

TABLE 53              BIOMASS: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)                 109

TABLE 54              CARBON & GREENHOUSE GAS MANAGEMENT: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION)       110

TABLE 55              CARBON & GREENHOUSE GAS MANAGEMENT: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION)       110

TABLE 56              MOBILITY & TRANSPORTATION: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 111

TABLE 57              MOBILITY & TRANSPORTATION: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 111

TABLE 58              MOBILITY & TRANSPORTATION: SUSTAINABILITY CERTIFICATION MARKET,

BY REGION, 2021–2024 (USD MILLION)   111

TABLE 59              MOBILITY & TRANSPORTATION: SUSTAINABILITY CERTIFICATION MARKET,

BY REGION, 2025–2030 (USD MILLION)   112

TABLE 60              MOBILITY & TRANSPORTATION: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)  112

TABLE 61              MOBILITY & TRANSPORTATION: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)  112

TABLE 62              EV BATTERIES: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            113

TABLE 63              EV BATTERIES: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            113

TABLE 64              EV BATTERIES: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)  113

TABLE 65              EV BATTERIES: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)  114

TABLE 66              VEHICLE EMISSIONS TESTING: SUSTAINABILITY CERTIFICATION MARKET,

BY REGION, 2021–2024 (USD MILLION)   114

TABLE 67              VEHICLE EMISSIONS TESTING: SUSTAINABILITY CERTIFICATION MARKET,

BY REGION, 2025–2030 (USD MILLION)   115

TABLE 68              INFRASTRUCTURE: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2021–2024 (USD MILLION)            115

TABLE 69              INFRASTRUCTURE: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2025–2030 (USD MILLION)            115

TABLE 70              INFRASTRUCTURE: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            116

TABLE 71              INFRASTRUCTURE: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            116

TABLE 72              INFRASTRUCTURE: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)  116

TABLE 73              INFRASTRUCTURE: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)  116

TABLE 74              GREEN BUILDINGS: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            117

TABLE 75              GREEN BUILDINGS: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            117

TABLE 76              GREEN BUILDINGS: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)  118

TABLE 77              GREEN BUILDINGS: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)  118

TABLE 78              SUSTAINABLE CONSTRUCTION MATERIALS: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION)       118

TABLE 79              SUSTAINABLE CONSTRUCTION MATERIALS: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION)       119

TABLE 80              CIRCULAR ECONOMY: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2021–2024 (USD MILLION)            119

TABLE 81              CIRCULAR ECONOMY: SUSTAINABILITY CERTIFICATION MARKET, BY TYPE,

2025–2030 (USD MILLION)            120

TABLE 82              CIRCULAR ECONOMY: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION)            120

TABLE 83              CIRCULAR ECONOMY: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION)            120

TABLE 84              CIRCULAR ECONOMY: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)  120

TABLE 85              CIRCULAR ECONOMY: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)  121

TABLE 86              SUSTAINABLE PACKAGING & MATERIALS: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION)       121

TABLE 87              SUSTAINABLE PACKAGING & MATERIALS: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION)       122

TABLE 88              SUSTAINABLE PACKAGING & MATERIALS: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)        122

TABLE 89              SUSTAINABLE PACKAGING & MATERIALS: SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)        122

TABLE 90              WASTE MANAGEMENT & RECYCLING: SUSTAINABILITY CERTIFICATION MARKET,

BY REGION, 2021–2024 (USD MILLION)   123

TABLE 91              WASTE MANAGEMENT & RECYCLING: SUSTAINABILITY CERTIFICATION MARKET,

BY REGION, 2025–2030 (USD MILLION)   123

TABLE 92              WASTE MANAGEMENT & RECYCLING: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2021–2024 (USD MILLION)  123

TABLE 93              WASTE MANAGEMENT & RECYCLING: SUSTAINABILITY CERTIFICATION MARKET,

BY SUSTAINABILITY FOCUS, 2025–2030 (USD MILLION)  123

TABLE 94              RESPONSIBLE SOURCING: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION)            124

TABLE 95              RESPONSIBLE SOURCING: SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION)            124

TABLE 96              SUSTAINABILITY CERTIFICATION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            126

TABLE 97              SUSTAINABILITY CERTIFICATION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            126

TABLE 98              INDUSTRIAL: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            127

TABLE 99              INDUSTRIAL: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            127

TABLE 100            COMMERCIAL: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            128

TABLE 101            COMMERCIAL: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            129

TABLE 102            RESIDENTIAL: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            129

TABLE 103            RESIDENTIAL: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            130

TABLE 104            SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS,

2021–2024 (USD MILLION)          132

TABLE 105            SUSTAINABILITY CERTIFICATION MARKET, BY SUSTAINABILITY FOCUS,

2025–2030 (USD MILLION)            133

TABLE 106            CLIMATE IMPACT: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            133

TABLE 107            CLIMATE IMPACT: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            134

TABLE 108            CLIMATE IMPACT: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY, BY TYPE, 2021–2024 (USD MILLION)            134

TABLE 109            CLIMATE IMPACT: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY, BY TYPE, 2025–2030 (USD MILLION)            134

TABLE 110            ENERGY EFFICIENCY: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            135

TABLE 111            ENERGY EFFICIENCY: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            135

TABLE 112            ENERGY EFFICIENCY: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY, BY TYPE, 2021–2024 (USD MILLION)            135

TABLE 113            ENERGY EFFICIENCY: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY, BY TYPE, 2025–2030 (USD MILLION)            136

TABLE 114            MATERIAL SUSTAINABILITY: SUSTAINABILITY CERTIFICATION MARKET,

BY APPLICATION, 2021–2024 (USD MILLION)       136

TABLE 115            MATERIAL SUSTAINABILITY: SUSTAINABILITY CERTIFICATION MARKET,

BY APPLICATION, 2025–2030 (USD MILLION)       137

TABLE 116            SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION)          139

TABLE 117            SUSTAINABILITY CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION)          140

TABLE 118            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            141

TABLE 119            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            142

TABLE 120            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            142

TABLE 121            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            142

TABLE 122            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR ENERGY & EMISSIONS MANAGEMENT, BY TYPE, 2021–2024 (USD MILLION)        142

TABLE 123            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR ENERGY & EMISSIONS MANAGEMENT, BY TYPE, 2025–2030 (USD MILLION)        143

TABLE 124            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY, BY TYPE, 2021–2024 (USD MILLION)            143

TABLE 125            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY, BY TYPE, 2025–2030 (USD MILLION)            143

TABLE 126            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR MOBILITY & TRANSPORTATION, BY TYPE, 2021–2024 (USD MILLION)         144

TABLE 127            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR MOBILITY & TRANSPORTATION, BY TYPE, 2025–2030 (USD MILLION)         144

TABLE 128            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR INFRASTRUCTURE, BY TYPE, 2021–2024 (USD MILLION)            144

TABLE 129            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR INFRASTRUCTURE, BY TYPE, 2025–2030 (USD MILLION)            144

TABLE 130            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR CIRCULAR ECONOMY, BY TYPE, 2021–2024 (USD MILLION)            145

TABLE 131            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET FOR CIRCULAR ECONOMY, BY TYPE, 2025–2030 (USD MILLION)            145

TABLE 132            US: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            146

TABLE 133            US: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            146

TABLE 134            CANADA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            147

TABLE 135            CANADA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            147

TABLE 136            MEXICO: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            148

TABLE 137            MEXICO: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            148

TABLE 138            EUROPE: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            150

TABLE 139            EUROPE: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            150

TABLE 140            EUROPE: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            150

TABLE 141            EUROPE: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            151

TABLE 142            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR ENERGY & EMISSIONS MANAGEMENT, BY TYPE, 2021–2024 (USD MILLION)            151

TABLE 143            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR ENERGY & EMISSIONS MANAGEMENT, BY TYPE, 2025–2030 (USD MILLION)            151

TABLE 144            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY,

BY TYPE, 2021–2024 (USD MILLION)         151

TABLE 145            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY,

BY TYPE, 2025–2030 (USD MILLION)         152

TABLE 146            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR MOBILITY & TRANSPORTATION, BY TYPE, 2021–2024 (USD MILLION)       152

TABLE 147            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR MOBILITY & TRANSPORTATION, BY TYPE, 2025–2030 (USD MILLION)       152

TABLE 148            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR INFRASTRUCTURE,

BY TYPE, 2021–2024 (USD MILLION)         152

TABLE 149            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR INFRASTRUCTURE,

BY TYPE, 2025–2030 (USD MILLION)         153

TABLE 150            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR CIRCULAR ECONOMY,

BY TYPE, 2021–2024 (USD MILLION)         153

TABLE 151            EUROPE: SUSTAINABILITY CERTIFICATION MARKET FOR CIRCULAR ECONOMY,

BY TYPE, 2025–2030 (USD MILLION)         153

TABLE 152            GERMANY: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            154

TABLE 153            GERMANY: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            154

TABLE 154            UK: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            155

TABLE 155            UK: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            155

TABLE 156            FRANCE: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            156

TABLE 157            FRANCE: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            157

TABLE 158            ITALY: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            157

TABLE 159            ITALY: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            158

TABLE 160            SPAIN: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            158

TABLE 161            SPAIN: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            159

TABLE 162            POLAND: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            159

TABLE 163            POLAND: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            160

TABLE 164            NORDICS: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            160

TABLE 165            NORDICS: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            161

TABLE 166            REST OF EUROPE: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            161

TABLE 167            REST OF EUROPE: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            161

TABLE 168            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            164

TABLE 169            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            164

TABLE 170            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            165

TABLE 171            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            165

TABLE 172            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR ENERGY & EMISSIONS MANAGEMENT, BY TYPE, 2021–2024 (USD MILLION)        165

TABLE 173            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR ENERGY & EMISSIONS MANAGEMENT, BY TYPE, 2025–2030 (USD MILLION)        165

TABLE 174            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY, BY TYPE, 2021–2024 (USD MILLION)            166

TABLE 175            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY, BY TYPE, 2025–2030 (USD MILLION)            166

TABLE 176            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR MOBILITY & TRANSPORTATION, BY TYPE, 2021–2024 (USD MILLION)         166

TABLE 177            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR MOBILITY & TRANSPORTATION, BY TYPE, 2025–2030 (USD MILLION)         167

TABLE 178            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR INFRASTRUCTURE,

BY TYPE, 2021–2024 (USD MILLION)         167

TABLE 179            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR INFRASTRUCTURE,

BY TYPE, 2025–2030 (USD MILLION)         167

TABLE 180            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR CIRCULAR ECONOMY, BY TYPE, 2021–2024 (USD MILLION)            167

TABLE 181            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET FOR CIRCULAR ECONOMY, BY TYPE, 2025–2030 (USD MILLION)            168

TABLE 182            CHINA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            168

TABLE 183            CHINA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            169

TABLE 184            JAPAN: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            169

TABLE 185            JAPAN: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            170

TABLE 186            SOUTH KOREA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            170

TABLE 187            SOUTH KOREA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            171

TABLE 188            INDIA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            171

TABLE 189            INDIA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            172

TABLE 190            AUSTRALIA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            172

TABLE 191            AUSTRALIA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            173

TABLE 192            INDONESIA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            173

TABLE 193            INDONESIA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            173

TABLE 194            THAILAND: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            174

TABLE 195            THAILAND: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            174

TABLE 196            MALAYSIA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            175

TABLE 197            MALAYSIA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            175

TABLE 198            VIETNAM: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            175

TABLE 199            VIETNAM: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            176

TABLE 200            REST OF ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            176

TABLE 201            REST OF ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            176

TABLE 202            ROW: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            177

TABLE 203            ROW: SUSTAINABILITY CERTIFICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            177

TABLE 204            ROW: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            178

TABLE 205            ROW: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            178

TABLE 206            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR ENERGY & EMISSIONS MANAGEMENT, BY TYPE, 2021–2024 (USD MILLION)            178

TABLE 207            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR ENERGY & EMISSIONS MANAGEMENT, BY TYPE, 2025–2030 (USD MILLION)            178

TABLE 208            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY,

BY TYPE, 2021–2024 (USD MILLION)         179

TABLE 209            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR RENEWABLE ENERGY,

BY TYPE, 2025–2030 (USD MILLION)         179

TABLE 210            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR MOBILITY & TRANSPORTATION, BY TYPE, 2021–2024 (USD MILLION)       179

TABLE 211            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR MOBILITY & TRANSPORTATION, BY TYPE, 2025–2030 (USD MILLION)       180

TABLE 212            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR INFRASTRUCTURE,

BY TYPE, 2021–2024 (USD MILLION)         180

TABLE 213            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR INFRASTRUCTURE,

BY TYPE, 2025–2030 (USD MILLION)         180

TABLE 214            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR CIRCULAR ECONOMY,

BY TYPE, 2021–2024 (USD MILLION)         180

TABLE 215            ROW: SUSTAINABILITY CERTIFICATION MARKET FOR CIRCULAR ECONOMY,

BY TYPE, 2025–2030 (USD MILLION)         181

TABLE 216            MIDDLE EAST: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            181

TABLE 217            MIDDLE EAST: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            182

TABLE 218            MIDDLE EAST: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            182

TABLE 219            MIDDLE EAST: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            182

TABLE 220            AFRICA: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            185

TABLE 221            AFRICA: SUSTAINABILITY CERTIFICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            185

TABLE 222            AFRICA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            186

TABLE 223            AFRICA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            186

TABLE 224            SOUTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            187

TABLE 225            SOUTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            187

TABLE 226            SUSTAINABILITY CERTIFICATION MARKET: KEY PLAYER STRATEGIES/

RIGHT TO WIN, 2020–2025             188

TABLE 227            SUSTAINABILITY CERTIFICATION MARKET SHARE ANALYSIS OF

TOP FIVE PLAYERS, 2024                190

TABLE 228            SUSTAINABILITY CERTIFICATION MARKET: REGION FOOTPRINT     197

TABLE 229            SUSTAINABILITY CERTIFICATION MARKET: SUSTAINABILITY FOCUS FOOTPRINT    198

TABLE 230            SUSTAINABILITY CERTIFICATION MARKET: VERTICAL FOOTPRINT 199

TABLE 231            SUSTAINABILITY CERTIFICATION MARKET: APPLICATION FOOTPRINT         200

TABLE 232            SUSTAINABILITY CERTIFICATION MARKET: LIST OF KEY STARTUPS/SMES   203

TABLE 233            SUSTAINABILITY CERTIFICATION MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              203

TABLE 234            SUSTAINABILITY CERTIFICATION MARKET: SERVICE LAUNCHES,

JANUARY 2020–MARCH 2025         205

TABLE 235            SUSTAINABILITY CERTIFICATION MARKET: DEALS, JANUARY 2020–MARCH 2025         206

TABLE 236            SUSTAINABILITY CERTIFICATION MARKET: EXPANSIONS,

JANUARY 2020–MARCH 2025         207

TABLE 237            SUSTAINABILITY CERTIFICATION MARKET: OTHER DEVELOPMENTS,

JANUARY 2020–MARCH 2025         208

TABLE 238            SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: COMPANY OVERVIEW   210

TABLE 239            SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: SERVICES OFFERED        211

TABLE 240            SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: SERVICE LAUNCHES       214

TABLE 241            SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: DEALS  215

TABLE 242            UL LLC: COMPANY OVERVIEW  217

TABLE 243            UL LLC: SERVICES OFFERED       218

TABLE 244            UL LLC: EXPANSIONS    220

TABLE 245            UL LLC: OTHER DEVELOPMENTS             220

TABLE 246            DEKRA: COMPANY OVERVIEW  222

TABLE 247            DEKRA: SERVICES OFFERED       223

TABLE 248            BUREAU VERITAS: COMPANY OVERVIEW                 227

TABLE 249            BUREAU VERITAS: SERVICES OFFERED 228

TABLE 250            BUREAU VERITAS: SERVICE LAUNCHES 231

TABLE 251            BUREAU VERITAS: DEALS             232

TABLE 252            BUREAU VERITAS: EXPANSIONS                233

TABLE 253            BUREAU VERITAS: OTHER DEVELOPMENTS                 233

TABLE 254            TÜV SÜD: COMPANY OVERVIEW               235

TABLE 255            TÜV SÜD: SERVICES OFFERED   236

TABLE 256            INTERTEK GROUP PLC: COMPANY OVERVIEW                 239

TABLE 257            INTERTEK GROUP PLC: SERVICES OFFERED                 241

TABLE 258            DNV GL: COMPANY OVERVIEW 242

TABLE 259            DNV GL: SERVICES OFFERED     243

TABLE 260            TÜV RHEINLAND: COMPANY OVERVIEW                 247

TABLE 261            TÜV RHEINLAND: SERVICES OFFERED  248

TABLE 262            ELEMENT MATERIALS TECHNOLOGY: COMPANY OVERVIEW   253

TABLE 263            ELEMENT MATERIALS TECHNOLOGY: SERVICES OFFERED        253

TABLE 264            LRQA GROUP LIMITED: COMPANY OVERVIEW                 254

TABLE 265            LRQA GROUP LIMITED: SERVICES OFFERED                 254

TABLE 266            EUROFINS SCIENTIFIC: COMPANY OVERVIEW                 256

TABLE 267            APPLUS+: COMPANY OVERVIEW              257

TABLE 268            KIWA: COMPANY OVERVIEW      258

TABLE 269            TÜV NORD GROUP: COMPANY OVERVIEW                 259

TABLE 270            NORMEC QS: COMPANY OVERVIEW        260

TABLE 271            EQUITABLE ORIGIN: COMPANY OVERVIEW                 261

TABLE 272            SINOVOLTAICS GROUP LIMITED: COMPANY OVERVIEW          262

TABLE 273            NEMKO: COMPANY OVERVIEW 263

TABLE 274            VDE RENEWABLES GMBH: COMPANY OVERVIEW          264

TABLE 275            LABTEST CERTIFICATION INC.: COMPANY OVERVIEW          265

TABLE 276            GREEN BUSINESS CERTIFICATION INC.: COMPANY OVERVIEW   266

TABLE 277            SCS GLOBAL SERVICES: COMPANY OVERVIEW                 267

TABLE 278            CONTROL UNION: COMPANY OVERVIEW                 268

TABLE 279            RINA S.P.A.: COMPANY OVERVIEW           269

TABLE 280            BRE: COMPANY OVERVIEW         270

LIST OF FIGURES

FIGURE 1              SUSTAINABILITY CERTIFICATION MARKET SEGMENTATION AND REGIONAL SCOPE              29

FIGURE 2              SUSTAINABILITY CERTIFICATION MARKET: RESEARCH DESIGN         32

FIGURE 3              SUSTAINABILITY CERTIFICATION MARKET: BOTTOM-UP APPROACH              38

FIGURE 4              SUSTAINABILITY CERTIFICATION MARKET: TOP-DOWN APPROACH                39

FIGURE 5              MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS            39

FIGURE 6              MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS            40

FIGURE 7              SUSTAINABILITY CERTIFICATION MARKET: DATA TRIANGULATION                41

FIGURE 8              SUSTAINABILITY CERTIFICATION MARKET SNAPSHOT          44

FIGURE 9              ENERGY & EMISSIONS MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD       45

FIGURE 10            INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST SHARE OF SUSTAINABILITY CERTIFICATION MARKET DURING FORECAST PERIOD       45

FIGURE 11            SUPPLY CHAIN SUSTAINABILITY SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD  46

FIGURE 12            ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD    46

FIGURE 13            RISING ESG REGULATIONS AND CORPORATE NET-ZERO GOALS FUELING DEMAND FOR SUSTAINABILITY CERTIFICATIONS             48

FIGURE 14            ENERGY & EMISSIONS MANAGEMENT TO BE LARGEST APPLICATION DURING FORECAST PERIOD     49

FIGURE 15            INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 49

FIGURE 16            CLIMATE IMPACT SEGMENT TO ACCOUNT FOR DOMINANT MARKET SHARE DURING FORECAST PERIOD                 50

FIGURE 17            ASIA PACIFIC TO BE LARGEST SUSTAINABILITY CERTIFICATION MARKET             50

FIGURE 18            INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         51

FIGURE 19            SUSTAINABILITY CERTIFICATION MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     53

FIGURE 20            IMPACT ANALYSIS OF DRIVERS ON SUSTAINABILITY CERTIFICATION MARKET         56

FIGURE 21            IMPACT ANALYSIS OF RESTRAINTS ON SUSTAINABILITY CERTIFICATION MARKET         57

FIGURE 22            IMPACT ANALYSIS OF OPPORTUNITIES ON SUSTAINABILITY

CERTIFICATION MARKET             60

FIGURE 23            IMPACT ANALYSIS OF CHALLENGES ON SUSTAINABILITY CERTIFICATION MARKET         62

FIGURE 24            SUSTAINABILITY CERTIFICATION MARKET: PARTICIPANTS IN VALUE CHAIN              63

FIGURE 25            SUSTAINABILITY CERTIFICATION MARKET: ECOSYSTEM ANALYSIS  65

FIGURE 26            INVESTMENT AND FUNDING SCENARIO, 2020–2024        66

FIGURE 27            TRENDS AND DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   67

FIGURE 28            AVERAGE SELLING PRICE TREND OF EV BATTERY CERTIFICATIONS OFFERED

BY KEY PLAYERS, 2021–2024          72

FIGURE 29            AVERAGE SELLING PRICE TREND OF EV BATTERY CERTIFICATIONS, BY REGION, 2021–2024           73

FIGURE 30            AVERAGE SELLING PRICE TREND OF GREEN BUILDING CERTIFICATIONS OFFERED BY KEY PLAYERS, 2021– 2024        74

FIGURE 31            AVERAGE SELLING PRICE TREND OF GREEN BUILDING CERTIFICATIONS,

BY REGION, 2021–2024    75

FIGURE 32            SUSTAINABILITY CERTIFICATION MARKET: PORTER’S FIVE FORCES ANALYSIS           76

FIGURE 33            IMPACT OF PORTER’S FIVE FORCES        77

FIGURE 34            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION        79

FIGURE 35            KEY BUYING CRITERIA, BY APPLICATION                 80

FIGURE 36            IMPORT SCENARIO FOR HS CODE 2804-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023                83

FIGURE 37            EXPORT SCENARIO FOR HS CODE 2804-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023                84

FIGURE 38            PATENTS APPLIED AND GRANTED, 2015–2024                 85

FIGURE 39            IMPACT OF AI/GEN AI ON SUSTAINABILITY CERTIFICATION MARKET             92

FIGURE 40            ENERGY & EMISSIONS MANAGEMENT SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD                 96

FIGURE 41            INDUSTRIAL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD          126

FIGURE 42            CLIMATE IMPACT SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    132

FIGURE 43            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN SUSTAINABILITY CERTIFICATION MARKET BETWEEN 2025 AND 2030        139

FIGURE 44            NORTH AMERICA: SUSTAINABILITY CERTIFICATION MARKET SNAPSHOT    141

FIGURE 45            EUROPE: SUSTAINABILITY CERTIFICATION MARKET SNAPSHOT       149

FIGURE 46            ASIA PACIFIC: SUSTAINABILITY CERTIFICATION MARKET SNAPSHOT    163

FIGURE 47            MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS IN SUSTAINABILITY CERTIFICATION MARKET, 2024                 191

FIGURE 48            REVENUE ANALYSIS OF KEY PLAYERS IN SUSTAINABILITY CERTIFICATION MARKET, 2020–2024    193

FIGURE 49            COMPANY VALUATION, 2025      193

FIGURE 50            FINANCIAL METRICS, 2025            194

FIGURE 51            SUSTAINABILITY CERTIFICATION MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       195

FIGURE 52            SUSTAINABILITY CERTIFICATION MARKET: COMPANY FOOTPRINT 196

FIGURE 53            SUSTAINABILITY CERTIFICATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024                 202

FIGURE 54            SUSTAINABILITY CERTIFICATION MARKET: BRAND/SERVICE COMPARISON 204

FIGURE 55            SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: COMPANY SNAPSHOT   210

FIGURE 56            UL LLC: COMPANY SNAPSHOT  218

FIGURE 57            DEKRA: COMPANY SNAPSHOT  223

FIGURE 58            BUREAU VERITAS: COMPANY SNAPSHOT                 228

FIGURE 59            TÜV SÜD: COMPANY SNAPSHOT              236

FIGURE 60            INTERTEK GROUP PLC: COMPANY SNAPSHOT                 240

FIGURE 61            DNV GL: COMPANY SNAPSHOT 243

FIGURE 62            TÜV RHEINLAND: COMPANY SNAPSHOT                 248