Landfill Gas Market Share, Size, Trends, Industry Analysis Report, By Technology (Combustion Engine, Turbines, and Others); By Type (Thermal Technologies, Biochemical Reactions); By Application; By Region; Segment Forecast, 2023 - 2032
- Published Date:Jul-2023
- Pages: 112
- Format: PDF
- Report ID: PM3511
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global landfill gas market was valued at USD 1.65 billion in 2022 and is expected to grow at a CAGR of 8.0% during the forecast period.The rising number of businesses and people who are becoming more aware regarding the impact of their actions on the environment and penetration of using landfill gas as a renewable energy source to reduce greenhouse gas emissions and promote sustainable practices are the major factors driving the global market growth.
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In addition, many governments offer incentives for the development of renewable energy sources including landfill gas like tax credits, subsidies, and grants, that is encouraging new player entrants with enhanced solutions and can help to make the development of landfill gas projects more economically feasible, that is likely to create lucrative growth opportunities for the market.
For instance, in September 2022, Montauk Renewables Inc., announced that the company has started construction of second renewable natural gas processing facility at their Apex landfill gas project in Amsterdam, Ohio. The new project will be operated by the New Jersey-based Interstate Waste Services and targeting approx. 40 percent increase in the RNG processing capacity.
Moreover, significant advances in gas purification technologies, which have made it possible to purify landfill gas to a higher level, removing numerous impurities such as moisture, carbon dioxide, and other contaminants and further allows for the production of a higher quality fuel that can be used for a wider range of applications, which generates huge growth potential for the market.
The outbreak of the COVID-19 pandemic has significantly impacted the growth of the landfill gas market. The rapid emergence of deadly coronavirus across the globe has forced governments to take necessary actions like lockdowns and other stringent regulations, which led to several restrictions on travel, work and numerous industries. Also, it resulted in shortage of raw materials due to significant disruptions in the global supply chain and affected the workforce required in manufacturing facilities, that hampered the market.
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Industry Dynamics
Growth Drivers
Rapid increase in the demand for landfill gases from both industrial and commercial sectors and significant rise in the number of landfill power plants improvement and development projects along with the widespread adoption of these gases to generate electric power, in order to meet the rising demand for electricity all over the world, are the primary factors boosting the demand and growth of the market. For instance, in March 2023, Viridi, established new constriction on a land-fill project, located at the landfill in Wisconsin.
Furthermore, growing environmental awareness among the people and governments worldwide due to growth in greenhouse gas emissions into the atmosphere, is fueling the adoption of LFG, as it helps protecting the environment from the negative impacts on these gases and fulfills the cost-effective and natural power sources, which in turn, has propelled the market growth at rapid pace.
Report Segmentation
The market is primarily segmented based on technology, type, application, and region.
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By Technology |
By Type |
By Application |
By Region |
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Turbines segment accounted for the largest market share in 2022
The turbines segment accounted for highest market share in 2022, and is likely to retain its market position throughout the anticipated period. The growth of the segment market can be highly attributed to increased preferences for gas turbines across the globe, as they are known to produce very less or minimum waste heat and offers greater efficiency as compared to other available techniques or methods. Additionally, the amount of waste generated is increasing globally, which in turn is increasing the volume of landfill gas produced, which results in higher demand for turbines that can efficiently convert this gas into electricity.
The combustion engine segment is expected to exhibit significant growth rate over the next coming years. With the continuous rise in the global population over the years, the demand for electricity has drastically increased, hence the demand for power plants, which could help meeting the demand for electricity by generating power through LFG along with the rising adoption of LFG as an effective fuel source, are among the factors driving the growth of the segment market.
Thermal technologies segment held the significant market share
The thermal technologies segment held the significant market share in terms of revenue in 2022, which is mainly driven constant development of several new and more efficient thermal technologies that has made it easier and more cost-effective to convert LFG into energy. Governments worldwide are also implementing regulations to reduce greenhouse gas emissions and encouraging the use of landfill gas as a renewable energy source through various policies and regulations, which is further driving the segment market.
The biochemical reaction segment is anticipated to grow at fastest growth rate during the anticipated period, on account of its rising popularity and preference as a more-easier and effective way of producing landfill gas through the bacterial decomposition and improvements in anaerobic digestion and bioreactor landfills that enhanced the efficiency and effectiveness of gas capture and utilization, making it a more viable option for energy production.
Electricity generation segment is expected to witness highest growth
The electricity generation segment is expected to grow at fastest CAGR throughout the projected period, mainly due to continuous rise in the need and demand for uninterrupted power supply and widespread adoption of renewable energy for the power generation especially in emerging economies like India, China, and Indonesia. In addition, the significant expansion of transmission & distribution networks across the world because of the rapid surge in electricity demand and ability of landfill gas-to-electricity projects to help change the public perception of landfills from being seen as a source of pollution to being seen as a source of renewable energy, is fostering the market.
Europe region dominated the global market in 2022
The Europe region dominated the global market with substantial market share in 2022, and is projected to maintain its dominance throughout the forecast period. The robust presence of highly developed and advanced manufacturing infrastructure and enhanced waste management solutions coupled with the surge in the need for solutions for packaging waste, bio-waste, and waste paper, has been influencing the market growth over the years.
The Asia Pacific region is likely to register significant growth rate over the study period, which is mainly accelerated to constant rise in the environmental concerns and growing investments in research & development activities by both government and private organizations to meet the rising power need and manage the supply across the region. Moreover, several other prominent factors including high reliance or dependence on natural power sources, accessibility to the sufficient raw materials, and continuous expansion in the demand for efficient waste management solutions, is likely to push the market growth forward.
Competitive Insight
Some of the major players operating in the global market include Covanta Holding, SUEZ, Kohler, Infinis Energy, Vectren Corporation, Shanghai Chengtou Holding., Pennon Group, Aria Energy Corporation, Veolia, Ameresco, Republic Services, Biffa Group, Energy Development, General Electric, CLP Envirogas, Advanced Disposal, Waste Management, Progressive Waste Solution, and Waste Connection.
Recent Developments
- In January 2023, OPAL Fuels established new land-fill center at the New River Solid Waste Association. It has a capacity of 2,500 standard cu. Ft./min CH4, which is likely to result in approx. 5 Mn gasoline gallon equivalent of RNG annually. And, the facility would help in achieving zero Scope 1 & 2 emissions and will also avoid greenhouse gas emissions.
- In October 2021, Ramky Enviro, country’s 1st land-fill gas-to-compressed biogas plant at the Hyderabad’s Municipal Solid Waste dumping site. It will convert land-fill gas into compressed bio-gas into vehicle fuel and would offer significant benefits including carbon sequestration and reduced the emissions.
Landfill Gas Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 1.78 billion |
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Revenue forecast in 2032 |
USD 3.55 billion |
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CAGR |
8.0% from 2023 – 2032 |
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Base year |
2022 |
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Historical data |
2019– 2021 |
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Forecast period |
2023– 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2032 |
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Segments covered |
By Technology, By Type, By Application, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key companies |
Covanta Holding Corporation, SUEZ SA, Kohler Co., Infinis Energy Plc, Vectren Corporation, Shanghai Chengtou Holding Co. Ltd., Pennon Group Plc, Aria Energy Corporation, Veolia, Ameresco, Republic Services, Biffa Group Ltd., Energy Development Pvt. Ltd., General Electric Co., CLP Envirogas, Advanced Disposal Services Inc., Waste Management Inc., Progressive Waste Solution, and Waste Connection Inc. |
FAQ's
The Landfill Gas Market report covering key are technology, type, application, and region.
Landfill Gas Market Size Worth $ 3.55 Billion By 2032.
The global landfill gas market expected to grow at a CAGR of 8.0% during the forecast period.
Europe is leading the global market.
key driving factors in Landfill Gas Market are Increase in the demand for energy and depletion of conventional energy resources.
