Landfill Biogas - Market Scope
Landfills are the method to dispose of organic wastes like food waste, paper waste, and other municipal or household solid wastes in order to produce biogas. Landfill biogas has a large amount of methane compound with the remainder being mostly carbon dioxide. It is produced naturally by anaerobic decomposition of bacteria in the solid landfill wastes or thermochemical conversion of biomass. Landfill biogas is used for various applications like electricity generation, vehicle fuel, heating, and many more. The climate change effect across the globe has led governments to recycle sold landfill wastes to biogas and electricity generation is the major growth driver for landfill biogas. The growing awareness about natural gases and their environmental impact among people will create many significant opportunities for the market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | EnviTec Biogas AG (Germany), Greenlane Renewables (Canada), DVO Inc. (United States), DMT International (United States) and PlanET Biogas (Canada) |
CAGR | % |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Landfill Biogas - market throughout the predicted period.
EnviTec Biogas AG (Germany), Greenlane Renewables (Canada), DVO Inc. (United States), DMT International (United States) and PlanET Biogas (Canada) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Veolia (France), Pennon Group Plc. (United Kingdom) and Kohler Co. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Landfill Biogas - market by Type , by Application (Heating, Energy Generation, Automotive and Others) and Region with country level break-up.
On the basis of geography, the market of Landfill Biogas - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2022, BP intends to acquire Archaea Energy, a major producer of renewable natural gas from waste, in a deal that could close by the end of this year pending regulatory approval.
In March 2024, Waga Energy will operate and maintain the WAGABOX® unit under a 20-year biogas purchase agreement with Steuben County. The equipment was built in North America, with the exception of the cryogenic distillation module, which was imported from France.
Influencing Trend:
Emerging Trend of Converting Waste into Biogas and Energy Consumption
Market Growth Drivers:
Increasing Demand of Electricity Across the Globe is the Major Driver for Landfill Biogas and Government Regulations and Necessary Steps towards the Production of Biogas to Curb Climate Change
Challenges:
Inefficient Systems for the Production of Biogas and Impurities in the Biogas after Refinement and Compression
Restraints:
High Production Cost of Landfill Biogas and Less Suitable for Dense Metropolitan Areas
Opportunities:
The Use of Landfill Biogas for Heating Water and Buildings Can Create Significant Opportunities
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Landfill Biogas Manufacturers, Suppliers and Distributors of Landfill Biogas, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others