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Landfill Gas Market Growth Predicted to Reach US$ 3.55 Billion, with 8.00% CAGR From 2024 to 2032

09-27-2024 08:20 AM CET | Energy & Environment

Press release from: Polaris Market Research & Consulting

Landfill Gas Market

Landfill Gas Market

๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
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.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
โ€ข The landfill gas market was valued at USD 1.65 billion in 2022

โ€ข The market is expected to expand at a CAGR of 8.0% from 2023 to 2032

โ€ข The market is expected to grow to USD 3.55 billion by 2032

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/landfill-gas-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:
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.

๐Š๐ž๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ:
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.

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐š๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ฉ๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐ฅ๐š๐ง๐๐Ÿ๐ข๐ฅ๐ฅ ๐ ๐š๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ:
โ€ข Covanta Holding Corporation
โ€ข SUEZ SA
โ€ข Kohler Co.
โ€ข Infinis Energy Plc
โ€ข Vectren Corporation
โ€ข Shanghai Chengtou Holding Co. Ltd.
โ€ข Pennon Group Plc
โ€ข Aria Energy Corporation
โ€ข Veolia
โ€ข Ameresco
โ€ข Republic Services
โ€ข Biffa Group Ltd.
โ€ข Energy Development Pvt. Ltd.
โ€ข General Electric Co.
โ€ข CLP Envirogas
โ€ข Advanced Disposal Services Inc.
โ€ข Waste Management Inc.
โ€ข Progressive Waste Solution
โ€ข Waste Connection Inc.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/landfill-gas-market/request-for-discount-pricing

๐‹๐š๐ง๐๐Ÿ๐ข๐ฅ๐ฅ ๐†๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข 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

โ€ข 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

โ€ข 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

โ€ข 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

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/landfill-gas-market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:
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.
โ€ข By Technology
o Combustion Engine
o Turbines
o Others

โ€ข By Type
o Thermal Technologies
o Biochemical Reactions

โ€ข By Application
o Electricity Generation
o Heating
o Combine Heat & Power
o Others

Country-Wise Insights:
โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
๐ƒ๐ข๐ซ๐ž๐œ๐ญ ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ฌ๐ข๐จ๐ง ๐ƒ๐ž๐ฏ๐ข๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/direct-energy-conversion-device-market

๐Ž๐ข๐ฅ ๐š๐ง๐ ๐†๐š๐ฌ ๐ƒ๐ž๐ฌ๐œ๐š๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/oil-and-gas-descaler-market

๐’๐ญ๐ข๐ซ๐ฅ๐ข๐ง๐  ๐„๐ง๐ ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/stirling-engine-market

๐‚๐š๐ซ๐›๐จ๐ง ๐‚๐ซ๐ž๐๐ข๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/carbon-credit-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
๐‹๐ข๐ค๐ก๐ข๐ฅ ๐†
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
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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