Landfill Gas Market Size Worth $ 3.55 Billion By 2032 | CAGR: 8.0%

Landfill Gas Market Size Worth $ 3.55 Billion By 2032 | CAGR: 8.0%


The global landfill gas market size is expected to reach USD 3.55 billion by 2032, according to a new study by Polaris Market Research. The report “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” gives a detailed insight into current market dynamics and provides analysis on future market growth.

As the world continues to focus on reducing carbon emissions and transitioning to renewable energy sources, there is an emerging demand for landfill gas as a clean and renewable energy source along with the rising penetration for installing gas collection systems and adoption of several new solutions that are being introduced by key players, are driving the demand and growth of the market. For instance, in May 2023, Vespene Energy & Viridi Energy, introduced their first joint pilot site with municipal landfill in Marathon County, which will reduce the GHG emissions, while generating the revenue to subsidize Viridi’s investment towards developing the RNG facility at the land-fill.

Furthermore, landfills usually generate large amounts of waste and the collection and processing of landfill gas can help to manage this waste more effectively and efficiently, that could also help to reduce the amount of waste sent to landfills and promote more sustainable waste management practices, is likely to create significant opportunities for the market. 

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/landfill-gas-market/request-for-sample

The rapid development and enhancements in gas processing technology have made it possible to remove impurities from landfill gas and produce gas that meets pipeline-quality standards and has also helped to increase the value of landfill gas as a fuel source and made it more attractive to energy producers all over the world.

Moreover, the extensive rise in the prevalence for integrating data analytics tools in order to accurately analyze large amounts of data generated by landfill gas collection and processing systems and is being widely utilized to identify patterns and trends in gas production and usage, which can help to optimize system performance and improve overall efficiency of the systems.

Landfill Gas Market Report Highlights

  • Turbines segment accounted for largest market share in 2022, on account of its capabilities to offer higher efficiency and widespread adoption of these turbines due to numerous benefits
  • Thermal technologies segment held the maximum market share in 2022, which is mainly driven by its growing popularity as a cost-effective and efficient technique to convert LFG into energy
  • Electricity generation segment is expected to grow at a high CAGR during the anticipated period, due to increased electricity demand and expansion of the distribution networks
  • Europe region dominated the global market with substantial market share in 2022, owing to availability of improved waste management solutions and developed manufacturing infrastructure across the region
  • The global key market players include Vectren Corporation, Aria Energy Corporation, General Electric, Progressive Waste Solution, Shanghai Chengtou Holding, and Covanta Holding Corporation

Polaris Market Research has segmented the landfill gas market report based on technology, type, application, and region:

Landfill Gas, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

  • Combustion Engine
  • Turbines
  • Others

Landfill Gas, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Thermal Technologies
  • Biochemical Reactions

Landfill Gas, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Electricity Generation
  • Heating
  • Combine Heat & Power
  • Others

Landfill Gas, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Landfill Gas Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 1.78 billion

Revenue forecast in 2032

USD 3.55 billion

CAGR

8.0% from 2023 – 2032

Base year

2022

Historical data

2019– 2021

Forecast period

2023– 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Technology, By Type, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

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.

For Specific Research Requirements

Request for Customized Report

License and Pricing

Purchase Report Sections

  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
Request for Discount Pricing