Press release
Landfill Gas Market Growth Predicted to Reach US$ 3.55 Billion, with 8.00% CAGR From 2024 to 2032
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:When microorganisms decompose organic waste in a landfill, it produces a combination of different gases known as landfill gas. This gas is made up of 40-60% methane, with the rest being carbon dioxide. In addition, remnants of different hydrocarbons can be found in the landfill gas. This gas mixture is primarily used as a fuel in combustion systems to produce heat and in steam turbines or fuel cells to generate electricity. The efficiency of gas collection differs depending on whether the landfill is closed or open.
๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
โข The landfill gas market was valued at USD 1.65 billion in 2022
โข The market is expected to expand at a CAGR of 8.0% from 2023 to 2032
โข The market is expected to grow to USD 3.55 billion by 2032
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/landfill-gas-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
The rise in LFG usage is being driven by the global increase in awareness of the environment due to higher greenhouse gas emissions from both individuals and governments. LFG aids in protecting the environment from the damaging impacts of these gases while also satisfying the need for cost-effective and renewable energy sources, resulting in a quick expansion of the market.
๐๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ:
The market is marked by fierce competition, and the leading companies rely on innovative technology, superior goods, and a strong brand identity to boost sales.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฅ๐๐ง๐๐๐ข๐ฅ๐ฅ ๐ ๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ:
โข Covanta Holding Corporation
โข SUEZ SA
โข Kohler Co.
โข Infinis Energy Plc
โข Vectren Corporation
โข Shanghai Chengtou Holding Co. Ltd.
โข Pennon Group Plc
โข Aria Energy Corporation
โข Veolia
โข Ameresco
โข Republic Services
โข Biffa Group Ltd.
โข Energy Development Pvt. Ltd.
โข General Electric Co.
โข CLP Envirogas
โข Advanced Disposal Services Inc.
โข Waste Management Inc.
โข Progressive Waste Solution
โข Waste Connection Inc.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/landfill-gas-market/request-for-discount-pricing
๐๐๐ง๐๐๐ข๐ฅ๐ฅ ๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข 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
โข 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
โข 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
โข 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
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/landfill-gas-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The landfill gas market is mainly segmented based on technology, type, application, and region. Based on the technology analysis, in 2022, the turbines segment held the highest market share and is predicted to uphold its position in the market in the near future. The increase in the segment market is mainly attributed to the increasing global popularity of gas turbines, known for their capacity to generate minimal waste heat and deliver greater efficiency in comparison to alternative methods.
Moreover, according to the type analysis, in 2022, the thermal technologies segment accounted for a substantial market share in terms of income. The ongoing development of multiple new and enhanced thermal technologies has had a significant impact on simplifying and making the conversion of LFG into energy more affordable.
โข By Technology
o Combustion Engine
o Turbines
o Others
โข By Type
o Thermal Technologies
o Biochemical Reactions
โข By Application
o Electricity Generation
o Heating
o Combine Heat & Power
o Others
Country-Wise Insights:
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐ข๐ซ๐๐๐ญ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐จ๐ง๐ฏ๐๐ซ๐ฌ๐ข๐จ๐ง ๐๐๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/direct-energy-conversion-device-market
๐๐ข๐ฅ ๐๐ง๐ ๐๐๐ฌ ๐๐๐ฌ๐๐๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/oil-and-gas-descaler-market
๐๐ญ๐ข๐ซ๐ฅ๐ข๐ง๐ ๐๐ง๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/stirling-engine-market
๐๐๐ซ๐๐จ๐ง ๐๐ซ๐๐๐ข๐ญ ๐๐๐ซ๐ค๐๐ญ:
https://www.polarismarketresearch.com/industry-analysis/carbon-credit-market
๐๐จ๐ง๐ญ๐๐๐ญ:
๐๐ข๐ค๐ก๐ข๐ฅ ๐
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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