세계의 회사채 시장 : 시장 규모, 점유율, 성장 및 산업 분석 - 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)
Corporate Bond Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
상품코드:1880647
리서치사:Fortune Business Insights Pvt. Ltd.
발행일:2025년 10월
페이지 정보:영문 90 Pages
라이선스 & 가격 (부가세 별도)
한글목차
회사채 시장의 성장 요인
세계의 회사채 시장은 기업의 확대, 사업 성장, 대규모 인프라 개발을 지원하기 위해 채무 금융에 대한 의존도가 높아짐에 따라 진화를 계속하고 있습니다. 최신 보고서에 따르면 회사채 시장 규모는 2024년 37조 5,800억 달러로 평가되었고, 2025년에는 57조 9,900억 달러로 급격히 증가할 것으로 예측되고 있습니다. 향후 시장 규모는 2032년까지 81조 7,800억 달러에 달할 것으로 예측되고 있으며, 예측 기간 중 CAGR은 10.3%라는 높은 성장세를 보일 전망입니다.
회사채는 구조화된 이자 지급과 투자자들에게 예측 가능한 수익을 제공하며 세계 기업들에게 중요한 자금 조달 수단으로 계속되고 있습니다. 2024년 시장 성장은 저금리 환경, 고정 금리 증권에 대한 투자자의 강한 수요 및 기업이 장기 차입 비용을 고정화하는 경향이 증가함에 따라 견인되었습니다. 자본 수요가 확대됨에 따라 기술, 금융 서비스, 에너지, 제조업 등 모든 분야의 기업이 채권 발행에 계속 의존하고 있으며, 역동적이고 유동성이 높은 세계 시장을 형성하고 있습니다.
성장을 지원하는 시장 성장 촉진요인
시장에서 가장 강력한 촉진요인 중 하나는 전자 거래의 급속한 확대입니다. 이에 따라 가격 투명성 및 집행 효율이 극적으로 변혁되었습니다. 주요 시장에서 전자 시스템은 매일 거래 활동의 상당한 비율을 담당하고 있습니다. 예를 들어, 2022년에는 회사채의 전자거래가 하루에 약 150억 달러에 이르렀으며, 2020년까지 투자적격채의 40%, 높은 수익채의 33%가 디지털 플랫폼을 통해 집행되었습니다. 이 접근성 향상은 기관 투자자 및 개인 투자자 모두를 끌어들이고 시장의 유동성을 높입니다.
2024-2025년 또 다른 주요 성장 요인은 주식 시장의 변동기에 고정 금리 상품에 대한 수요 증가입니다. 기업은 계속해서 매력적인 조건으로 채권을 발행하고 투자자들은 안정적인 수익을 창출하는 신뢰할 수 있는 수단으로 채권을 포착하고 있습니다. 또한 Microsoft, Apple, JP 모건 체이스, 골드만 삭스와 같은 주요 기업들은 유리한 금리 환경을 활용하기 위해 채권의 차환 주기를 적극적으로 관리하고 있습니다.
시장 성장 억제요인
견조한 성장 전망에도 불구하고 중소규모 발행자의 신용 및 기본 위험 상승이 어려움을 겪고 있습니다. 투자자들이 잠재적인 부채 불이행을 우려하는 경우, 더 높은 수익률을 요구하기 때문에 기업의 차입 비용이 증가합니다. 이로 인해 신규 발행이 줄어들고 신용 조건이 단축되고 시장 전체의 변동성이 높아질 수 있습니다. 높은 수익 발행자는 특히 취약하며 경제 감속기와 금융 규제 강화기에는 그 경향이 두드러집니다.
기술적 기회
AI, 블록체인, 디지털 채권 플랫폼의 도입은 미래의 큰 기회를 창출하고 있습니다. AI를 활용한 리스크 모델링과 자동화된 문서 처리는 채권 발행 절차를 간소화합니다. 블록체인 플랫폼은 거래 비용을 줄이고 업무 위험을 줄이는 안전하고 효율적인 결제 시스템을 제공합니다. 예를 들어, 2025년 3월에는 아메리카 개발 은행이 HSBC Orion을 이용한 최초의 디지털 채권을 발행하여 블록체인 기반의 금융 인프라 채용 확대를 부각시켰습니다.
지역별 하이라이트
2024년 북미는 미국 기업의 적극적인 발행과 높은 투자자 참여에 힘입어 14조 400억 달러 시장 가치로 회사채 시장을 주도했습니다. 유럽은 유동성 중시의 규제개혁 및 그린채, ESG채에 대한 수요 급증에 힘입어 2위 점유율을 차지했습니다. 한편 아시아태평양은 중국과 인도의 견조한 경제발전, 급속한 산업확대, 기업차입 수요 증가를 배경으로 2032년까지 가장 높은 CAGR을 나타낼 것으로 전망되고 있습니다.
목차
제1장 서론
제2장 주요 요약
제3장 시장 역학
매크로 및 마이크로 경제 지표
성장 촉진요인, 억제요인, 기회 및 동향
생성형 AI의 영향
제4장 경쟁 구도
주요 기업이 채용하는 비즈니스 전략
주요 기업의 통합 SWOT 분석
세계의 회사채 시장에 있어서 주요 기업(상위 3-5사) 시장 점유율 및 순위(2024년)
제5장 세계의 회사채 시장 규모 추정 및 예측 : 부문별(2019-2032년)
주요 조사 결과
유형별
투자 적격
높은 수율
기간 및 만기별
단기(3년 미만)
중기(3-7년)
장기(7년 이상)
발행체별
대기업
중소기업 및 개인 발행체
스타트업 사모에 의한 발행
업계별
금융기관
에너지 및 전력
하이테크 산업
의료
기타(통신 등)
지역별
북미
남미
유럽
중동 및 아프리카
아시아태평양
제6장 북미의 회사채 시장 규모 추정 및 예측 : 부문별(2019-2032년)
국가별
미국
캐나다
멕시코
제7장 남미의 회사채 시장 규모 추정 및 예측 : 부문별(2019-2032년)
국가별
브라질
아르헨티나
기타 남미 국가
제8장 유럽의 회사채 시장 규모 추정 및 예측 : 부문별(2019-2032년)
국가별
영국
독일
프랑스
이탈리아
스페인
러시아
베네룩스
북유럽 국가
기타 유럽
제9장 중동 및 아프리카의 회사채 시장 규모 추정 및 예측 : 부문별(2019-2032년)
국가별
튀르키예
이스라엘
GCC
북아프리카
남아프리카
기타 중동 및 아프리카
제10장 아시아태평양의 회사채 시장 규모 추정 및 예측 : 부문별(2019-2032년)
국가별
중국
인도
일본
한국
ASEAN
오세아니아
기타 아시아태평양
제11장 주요 10개 기업의 기업 프로파일
JPMorgan Chase &Co
Apple, Inc.
Microsoft Corporation
Amazon.com, Inc.
Fidelity Investment
AT&T;, Inc.
Unilever PLC
BlackRock, Inc.
Volkswagen AG
ExxonMobil Corporation
제12장 주요 포인트
AJY
영문 목차
영문목차
Growth Factors of corporate bond Market
The global corporate bond market continues to evolve as businesses increasingly depend on debt financing to support expansion, operational growth, and large-scale infrastructure development. According to the latest report, the corporate bond market size was valued at USD 37.58 trillion in 2024, and the market is projected to rise sharply to USD 57.99 trillion in 2025. Looking ahead, the market is expected to reach USD 81.78 trillion by 2032, reflecting a strong CAGR of 10.3% during the forecast period.
Corporate bonds remain a critical funding tool for global corporations, offering structured interest payments and predictable returns for investors. The market's momentum in 2024 was driven by low interest rates, strong investor appetite for fixed-income securities, and a rising trend of companies locking in long-term borrowing costs. As capital requirements grow, corporations across sectors-technology, financial services, energy, and manufacturing-continue to depend heavily on bond issuances, shaping a more dynamic and liquid global market.
Market Drivers Supporting Growth
One of the strongest drivers in the market is the rapid expansion of electronic trading, which has dramatically transformed pricing transparency and execution efficiency. In major markets, electronic systems are now responsible for a substantial share of daily activity. For instance, nearly USD 15 billion of corporate bonds were traded electronically each day in 2022, while 40% of investment-grade and 33% of high-yield bonds were executed through digital platforms by 2020. This increased accessibility attracts both institutional and retail investors, enhancing market liquidity.
Another key growth driver in 2024-2025 is the rising demand for fixed-income products during periods of equity market volatility. Corporations continue to issue bonds at attractive terms, while investors view them as dependable instruments for stable returns. Additionally, major corporations-including Microsoft, Apple, JPMorgan Chase & Co., and Goldman Sachs-actively manage bond refinancing cycles to leverage favorable interest environments.
Market Restraints
Despite strong growth prospects, rising credit and default risks among small and midsized issuers pose challenges. When investors anticipate potential defaults, they demand higher yields, which increases borrowing costs for companies. This can reduce new issuances, tighten credit conditions, and increase overall market volatility. High-yield issuers are particularly vulnerable, especially during periods of economic slowdown or tightening financial regulations.
Technological Opportunities
The incorporation of AI, blockchain, and digital bond platforms is creating strong future opportunities. AI-powered risk modeling and automated document processing are simplifying bond issuance procedures. Blockchain platforms provide secure, streamlined settlement systems that lower transaction costs and reduce operational risk. For example, in March 2025, the Inter-American Development Bank issued its first digital bond using HSBC Orion, highlighting the growing adoption of blockchain-based financial infrastructure.
Regional Highlights
In 2024, North America dominated the corporate bond landscape with a market value of USD 14.04 trillion, driven by aggressive issuance from U.S. corporations and high investor participation. Europe held the second-largest share, supported by liquidity-focused regulatory reforms and surging demand for green and ESG bonds. Meanwhile, Asia Pacific is expected to record the highest CAGR through 2032, supported by strong economic development in China and India, rapid industrial expansion, and growing corporate borrowing needs.
Competitive Landscape
The market is highly fragmented, with leading companies such as JPMorgan Chase & Co., Apple, Microsoft, BlackRock, Amazon, Fidelity, Reliance Industries, BNP Paribas, Volkswagen AG, and Infosys actively issuing, underwriting, and trading corporate bonds. These players expand their portfolios through technological upgrades, strategic partnerships, and diversified debt offerings.
Conclusion
From USD 37.58 trillion in 2024 to USD 81.78 trillion by 2032, the corporate bond market is on a strong upward trajectory. Supported by digital transformation, investor demand, and expanding global corporate financing needs, the market is set to remain a fundamental pillar of global economic growth.
Segmentation By Type
Investment Grade
High-Yield
By Issuer Type
Large Corporates
SMEs/Private Issuers
Startups Issuing through private placement
By Term/Duration
Short-term (<3 years)
Medium-term (3-7 years)
Long-term (>7 years)
By Sector
Financial Institutions
Energy & Power
High Technology
Healthcare
Others (Telecom, Etc.)
By Region
North America (By Type, By Issuer Type, By Term/Duration, By Sector, and by Country)
U.S.
Canada
Mexico
Europe (By Type, By Issuer Type, By Term/Duration, By Sector, and by Country)
U.K.
Germany
France
Italy
Spain
Russia
Benelux
Nordics
Rest of Europe
Asia Pacific (By Type, By Issuer Type, By Term/Duration, By Sector, and by Country)
China
India
Japan
South Korea
ASEAN
Oceania
Rest of Asia Pacific
Middle East & Africa (By Type, By Issuer Type, By Term/Duration, By Sector, and by Country)
Turkey
Israel
GCC
North Africa
South Africa
Rest of Middle East & Africa
South America (By Type, By Issuer Type, By Term/Duration, By Sector, and by Country)
Brazil
Argentina
Rest of South America
Companies Profiled in the Report * JPMorgan Chase & Co (U.S.)
Apple, Inc. (U.S.)
Microsoft Corporation (U.S.)
Amazon.com, Inc. (U.S.)
Fidelity Investments (U.S.)
AT&T, Inc. (U.S.)
Unilever PLC (U.K.)
BlackRock, Inc. (U.S.)
Volkswagen AG (Germany)
ExxonMobil Corporation (U.S.)
Table of Content
1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
3.3. Impact of Generative AI
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Corporate Bond Key Players (Top 3 - 5) Market Share/Ranking, 2024
5. Global Corporate Bond Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Type (USD)
5.2.1. Investment Grade
5.2.2. High-Yield
5.3. By Term/Duration (USD)
5.3.1. Short-term (<3 years)
5.3.2. Medium-term (3-7 years)
5.3.3. Long-term (>7 years)
5.4. By Issuer Type (USD)
5.4.1. Large Corporates
5.4.2. SMEs/Private Issuers
5.4.3. Startups Issuing through private placement
5.5. By Sector (USD)
5.5.1. Financial Institutions
5.5.2. Energy & Power
5.5.3. High Technology
5.5.4. Healthcare
5.5.5. Others (Telecom, Etc.)
5.6. By Region (USD)
5.6.1. North America
5.6.2. South America
5.6.3. Europe
5.6.4. Middle East & Africa
5.6.5. Asia Pacific
6. North America Corporate Bond Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Type (USD)
6.2.1. Investment Grade
6.2.2. High-Yield
6.3. By Term/Duration (USD)
6.3.1. Short-term (<3 years)
6.3.2. Medium-term (3-7 years)
6.3.3. Long-term (>7 years)
6.4. By Issuer Type (USD)
6.4.1. Large Corporates
6.4.2. SMEs/Private Issuers
6.4.3. Startups Issuing through private placement
6.5. By Sector (USD)
6.5.1. Financial Institutions
6.5.2. Energy & Power
6.5.3. High Technology
6.5.4. Healthcare
6.5.5. Others (Telecom, Etc.)
6.6. By Country (USD)
6.6.1. U.S.
6.6.2. Canada
6.6.3. Mexico
7. South America Corporate Bond Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Type (USD)
7.2.1. Investment Grade
7.2.2. High-Yield
7.3. By Term/Duration (USD)
7.3.1. Short-term (<3 years)
7.3.2. Medium-term (3-7 years)
7.3.3. Long-term (>7 years)
7.4. By Issuer Type (USD)
7.4.1. Large Corporates
7.4.2. SMEs/Private Issuers
7.4.3. Startups Issuing through private placement
7.5. By Sector (USD)
7.5.1. Financial Institutions
7.5.2. Energy & Power
7.5.3. High Technology
7.5.4. Healthcare
7.5.5. Others (Telecom, Etc.)
7.6. By Country (USD)
7.6.1. Brazil
7.6.2. Argentina
7.6.3. Rest of South America
8. Europe Corporate Bond Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Type (USD)
8.2.1. Investment Grade
8.2.2. High-Yield
8.3. By Term/Duration (USD)
8.3.1. Short-term (<3 years)
8.3.2. Medium-term (3-7 years)
8.3.3. Long-term (>7 years)
8.4. By Issuer Type (USD)
8.4.1. Large Corporates
8.4.2. SMEs/Private Issuers
8.4.3. Startups Issuing through private placement
8.5. By Sector (USD)
8.5.1. Financial Institutions
8.5.2. Energy & Power
8.5.3. High Technology
8.5.4. Healthcare
8.5.5. Others (Telecom, Etc.)
8.6. By Country (USD)
8.6.1. U.K.
8.6.2. Germany
8.6.3. France
8.6.4. Italy
8.6.5. Spain
8.6.6. Russia
8.6.7. Benelux
8.6.8. Nordics
8.6.9. Rest of Europe
9. Middle East & Africa Corporate Bond Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Type (USD)
9.2.1. Investment Grade
9.2.2. High-Yield
9.3. By Term/Duration (USD)
9.3.1. Short-term (<3 years)
9.3.2. Medium-term (3-7 years)
9.3.3. Long-term (>7 years)
9.4. By Issuer Type (USD)
9.4.1. Large Corporates
9.4.2. SMEs/Private Issuers
9.4.3. Startups Issuing through private placement
9.5. By Sector (USD)
9.5.1. Financial Institutions
9.5.2. Energy & Power
9.5.3. High Technology
9.5.4. Healthcare
9.5.5. Others (Telecom, Etc.)
9.6. By Country (USD)
9.6.1. Turkey
9.6.2. Israel
9.6.3. GCC
9.6.4. North Africa
9.6.5. South Africa
9.6.6. Rest of Middle East & Africa
10. Asia Pacific Corporate Bond Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Type (USD)
10.2.1. Investment Grade
10.2.2. High-Yield
10.3. By Term/Duration (USD)
10.3.1. Short-term (<3 years)
10.3.2. Medium-term (3-7 years)
10.3.3. Long-term (>7 years)
10.4. By Issuer Type (USD)
10.4.1. Large Corporates
10.4.2. SMEs/Private Issuers
10.4.3. Startups Issuing through private placement
10.5. By Sector (USD)
10.5.1. Financial Institutions
10.5.2. Energy & Power
10.5.3. High Technology
10.5.4. Healthcare
10.5.5. Others (Telecom, Etc.)
10.6. By Country (USD)
10.6.1. China
10.6.2. India
10.6.3. Japan
10.6.4. South Korea
10.6.5. ASEAN
10.6.6. Oceania
10.6.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. JPMorgan Chase & Co
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Apple, Inc.
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Microsoft Corporation
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Amazon.com, Inc.
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Fidelity Investment
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. AT&T, Inc.
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Unilever PLC
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. BlackRock, Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Volkswagen AG
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. ExxonMobil Corporation
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
