Press release
Landfill Gas-to-Energy(LFGE) Market Consumption Analysis, Business Overview and Upcoming Trends 2032
The global landfill gas market size was valued at $1.4 billion in 2020, and landfill gas market forecast projected to reach $2.8 billion by 2030, with global landfill gas market expected at a CAGR of 7.4% from 2021 to 2030.Microorganisms feeding on the organic wastes inside a landfill produce landfill gas, a complicated mixture of several gases. Methane makes up 40-60% of this gas, with carbon dioxide making up the remainder. The landfill gas is also discovered to contain very small levels of other hydrocarbons. This gas mixture is generally utilised as a fuel to produce electricity using fuel cells or steam turbines as well as heat using any form of combustion system. For closed (those that no longer accept garbage) and open (those that still accept waste) landfills, the efficiency of gas collection varies.
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It is projected that there would be a rise in the demand for landfill gas in the production of industrial and commercial power due to the depletion of existing energy sources. This gas mixture stands out because its calorific value can be increased by reducing the amounts of carbon dioxide, nitrogen, and oxygen. It can therefore be used for industrial and commercial purposes after a few treatments. Landfill gas can be used directly in boilers or infrared heaters, replacing natural gas as a source of energy for procedures that require a lot of energy while also being more affordable. Climate change is influenced by landfill gases. The two main greenhouse gases that make up landfill gas are methane and carbon dioxide. Compared to carbon dioxide, methane in the atmosphere has a much higher potential as a greenhouse gas. Each methane molecule is around 25 times more effective than a carbon dioxide molecule at trapping heat. The majority of this methane is released from landfills as a result of solid organic wastes being broken down by microbes. Consequently, the release of methane and carbon dioxide into the atmosphere is decreased by capturing and using this gas mixture from landfills. Several governments support waste management programmes, which is expected to boost the expansion of the worldwide landfill gas market.
However, high setup costs to maintain the ideal moisture level for the decomposition of organic waste are anticipated to restrain market expansion. Reduced moisture levels have a substantial impact on the biological processes involved in the creation of the gas mixture. On the other hand, the abundance of solid waste and increased use of landfill gas are predicted to present profitable prospects for the leading market participants. In addition, methane gas released during decomposition causes a number of issues and landfill gas may potentially contaminate the soil and water. The landfill gas market is being constrained by the aforementioned causes, among others.
The landfill gas market is divided into regions and applications. The study's covered applications include direct use, combined heat and power, electricity, and alternative fuels.
The market is examined in terms of regions, including North America, Europe, Asia-Pacific, and LAMEA. Currently, Asia-Pacific has the biggest market share, followed by North America and Europe.
Market Segmentation
Global Landfill Gas-to-Energy(LFGE) Market: Segmentations
Global Landfill Gas-to-Energy(LFGE) Market: By Types
Thermal Technologies
Biochemical Reactions
Global Landfill Gas-to-Energy(LFGE) Market: By Applications
Power Plant
Heating Plant
Other
Global Landfill Gas-to-Energy(LFGE) Market: Major Players
Calabasas Landfill
Energy Systems Group
Clarke Energy
Covanta Energy
Viridor
Suez
Wheelabrator
Veolia
China Everbright
A2A
EEW Efw
CA Tokyo 23
Attero
TIRU
MVV Energie
NEAS
China Everbright
Tianjin Teda
Grandblue
Shanghai Environmental
Shenzhen Energy
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Global Landfill Gas-to-Energy(LFGE) Market: By Regions
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
Key findings of the study
By region, the North America landfill gas market is projected to witness growth at the highest CAGR in terms of revenue, during the forecast period.
By application, the electricity segment accounted for the largest landfill gas market share in 2020 as per landfill gas market analysis.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Landfill Gas-to-Energy(LFGE) market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Landfill Gas-to-Energy(LFGE) would help in identifying future applications in this market.
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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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