Landfill Gas Market Summary:
As per Reports and Insights Analysis, the landfill gas market is expected to grow at a CAGR of 8.2% during the forecast period of 2022 to 2030.
This market research report on the global market for landfill gas constructed by the Reports and Insights team intends to address market aspects such as key drivers, challenges, and opportunities for industry participants. Furthermore, it will encompass a regional outlook, market segmentation outlook, and market trends for landfill gas. Market size and share, industry and product insights, SWOT analysis, Porter's five forces analysis, PESTEL analysis, heat map analysis, market prediction, and information on the key players active in the market of landfill gas are all included.
Landfill Gas: What Is It?
Many different gases can be found in landfill gas. 90 to 98% of landfill gas is made up of methane and carbon dioxide. Nitrogen, oxygen, ammonia, sulfides, hydrogen, and other gases make up the remaining 2 to 10%. Bacteria that break down organic garbage release landfill gases.
Why Is Landfill Gas Useful?
Gas from landfills is a reliable and sustainable energy source. Utilizing landfill gas lessens the need for more environmentally damaging energy sources. Utilizing landfill gas lessens dangers to the public's health and the environment, such as air pollution. Utilizing landfill gas results in better-managed landfills that are also nicer neighbors.
Scope of the Report:
Report Metric |
Report Details |
Market size available for the years |
2022-2030 |
Base year |
2021 |
Forecast Period |
2022-2030 |
Segments Covered |
By Application, and By Region |
Regions Covered |
Asia Pacific, Africa, Middle East, Europe, North America, Latin America |
Key Players |
Waste Management, Inc., Covanta Holding Corporation, Veolia Environnement S.A, Pennon Group Plc., SUEZ SA, Kohler Co., Inc., Aria Energy Corp, Granite Acquisition, Inc., Vectren Corporation, and Shanghai Chengtou Holding Co., Ltd., GAIL |
Landfill Gas Market Dynamics
Market Drivers: Running of Various Waste Management Programs by the Government Body
Sales of landfill gas have increased over the past several years as a result of heightened environmental consciousness.
Compared to carbon dioxide, methane in the atmosphere has a much higher potential as a greenhouse gas. Methane molecules are around 25 times more effective than carbon dioxide molecules at retaining heat. The majority of this methane is released from landfills as a result of solid organic wastes being broken down by microbes. Thus, the release of methane and carbon dioxide into the atmosphere is decreased by capturing and using this gas mixture from landfills. Many governments support waste management programs, which are expected to boost the expansion of the worldwide landfill gas market.
Market Challenges: High Setup Costs
The smell of landfill gas can give you headaches or make you queasy. But rather than being a health risk, the smell is more disagreeable. Although some of the components of landfill gas may be dangerous if present in high quantities, they shouldn't hurt health if present in very small quantities. Yet, high setup costs to maintain the ideal moisture level for the decomposition of organic waste are anticipated to restrain market expansion.
Market opportunities: Greater Use of Landfill Gas
In contrast, it is anticipated that the quantity of solid waste and greater use of landfill gas will offer lucrative opportunities for the top market players.
Effect of COVID-19 on the World Market for Landfill Gas:
For a brief time, the COVID-19 outbreak had a favorable effect on the expansion of the global landfill gas market.
As a result, the aforementioned factors are anticipated to fuel the expansion of the worldwide landfill gas market in the near future.
Landfill Gas Market Segmentation Stance
The global landfill gas market is categorized based on the application, and region. According to the landfill gas industry analysis, the energy sector held the biggest market share by application in 2021.
By Application:
Internal Combustion & Reciprocating Engines
below 500 kW
500 kW to 1 MW
1 MW - 2 MW
Above 2 MW
Below 2 MW
2 - 5 MW
5 - 8 MW
Above 8 MW
Below 100 kW
100 - 150 kW
150 - 200 kW
Above 200 kW
Boilers
Direct Thermal & Leachate Evaporation
Others
Pipeline fuel
Vehicle fuel
Landfill Gas Market by Region:
Key regions including Asia Pacific, North America, Europe, Latin America, the Middle East, and Africa are considered for the geographical analysis of the global landfill gas market.
The landfill gas market in North America is anticipated to develop at the highest CAGR in terms of value during the forecast period. Due to an increase in environmental and health consciousness among the populace in the region, North America holds the largest market share globally. Whereas, during the projected period of 2022–2030, Asia Pacific is anticipated to have the highest growth rate due to an increase in energy consumption and a decrease in pollutants caused by landfilling.
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The global landfill gas market in 2022 is estimated for more than US *** Mn and expected to reach a value of US$ *** Mn by 2030 with a significant CAGR of 8.2%.
The base year for the report is 2021 in landfill gas market.
Landfill gas market is segmented on the basis of technology, type, application, and region
Waste Management, Inc., Covanta Holding Corporation, Veolia Environnement S.A, Pennon Group Plc., SUEZ SA, Kohler Co., Inc., Aria Energy Corp, Granite Acquisition, Inc., Vectren Corporation, and Shanghai Chengtou Holding Co., Ltd., GAIL