Press release
Comprehensive Landfill Gas Capture And Utilization Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
How Are the key drivers contributing to the expansion of the landfill gas capture and utilization market?The surge in the need for renewable energy is anticipated to drive the expansion of the landfill gas capture and utilization market. Renewable energy refers to energy derived from naturally replenishing resources such as sun, wind, rain, tides, waves, and geothermal heat. There is an increasing demand for renewable energy owing to environmental consciousness, supportive policies, and corporate sustainability objectives. Landfill gas capture and utilization caters to this renewable energy requirement by utilizing methane gas produced from the decomposition of organic waste in landfills. For example, in December 2023, the Department for Energy Security and Net Zero in the UK reported that renewable electricity generation hit an unprecedented high of 39.9 terawatt-hours in the final quarter of 2023, signifying a 4.9% rise in comparison to the same quarter in 2022. Further, renewables set a new record, contributing to 47.3% of total electricity generation. Thus, the surging demand for renewable energy is bolstering the growth of the landfill gas capture and utilization market.
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What growth opportunities are expected to drive the landfill gas capture and utilization market's CAGR through 2034?
The market for capturing and utilizing landfill gas has seen a strong expansion in the past few years. The market size will escalate from $2.99 billion in 2024 to reach $3.24 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.3%. This impressive growth in the historical period can be credited to the heightened consciousness about the environment, escalating regulatory pressure, an increase in the demand for renewable energy, a surge in emissions from landfill gases, and a rise in energy costs.
In the coming years, the market for landfill gas capture and use is projected to experience substantial growth, expected to reach $4.4 billion by 2029, expanding at a compound annual growth rate (CAGR) of 8.0%. The growth predicted during this future period can be ascribed to the rise in waste production rates, enhanced public consciousness, increased cross-industry collaboration, surging energy needs, and escalating urbanization. The forecast period is also expected to witness major trends like progress in technology, embracing of eco-friendly landfill management procedures, incorporation of renewable natural gas, and utilization of microbial fuel cells.
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What are the emerging trends shaping the future of the landfill gas capture and utilization market?
Leading businesses in the landfill gas capture and use market are concentrating their investments on developing sophisticated energy production methods like Renewable Natural Gas (RNG) facilities at waste disposal sites. This initiative aims to fully exploit methane, lessen the emission of greenhouse gases, and foster responsible waste management. Landfills equipped with RNG facilities are set up to seize and filter out methane emissions produced from the decomposing organic materials, turning it into RNG, or biomethane. For example, in May 2023, Vespene Energy, an American renewable energy firm with a focus on harnessing landfill methane gases, teamed up with Viridi Energy, an American renewable natural gas platform provider. The two launched their inaugural cooperative pilot site, powered by landfill methane emissions for on-site data processing. The project's goal is to convert landfill methane gases into energy via effective power generating equipment, aspiring to reduce greenhouse gases and generate revenue for building an RNG facility at the landfill.
Which growth-oriented segments of the landfill gas capture and utilization market are leading the industry's development?
The landfill gas capture and utilization market covered in this report is segmented -
1) By Product Type: Landfill Gas, Medium-Btu, Renewable Natural Gas
2) By Technology: Gas Collection Systems, Gas Treatment
3) By Application: Electricity Generation, Thermal Or Heat Generation, Fuels
Subsegments:
1) By Landfill Gas: Methane Gas, Carbon Dioxide, Other Trace Gases
2) By Medium-BTU Gas: Low-BTU Gas, Medium-BTU Gas For Electricity Generation
3) By Renewable Natural Gas: Purified Landfill Gas, Upgraded Biomethane
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What regions are leading the charge in the landfill gas capture and utilization market?
North America was the largest region in the landfill gas capture and utilization market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the landfill gas capture and utilization market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the landfill gas capture and utilization market?
Major companies operating in the landfill gas capture and utilization market report are BP PLC; Veolia Environnement SA; Enbridge Inc.; NextEra Energy Inc.; Waste Management Inc. (WM); DTE Energy; Republic Services Inc.; CenterPoint Energy Inc.; Waste Connections Inc.; Clean Harbors Inc.; GFL Environmental Inc.; Covanta Holding Corporation; Progressive Waste Solutions Ltd.; Ameresco Inc.; Advanced Disposal Services Inc.; Enerflex Ltd.; Chengtou Holding Co. Ltd.; Casella Waste Systems Inc.; Waste Pro USA Inc; EDL; Wheelabrator Technologies Inc.; Montauk Renewables; QED Environmental Systems Inc.; Walker Energy Services
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What Is Covered In The Landfill Gas Capture And Utilization Global Market Report?
•Market Size Forecast: Examine the landfill gas capture and utilization market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the landfill gas capture and utilization market for a structured understanding.
•Key Players Overview: Analyze major players in the landfill gas capture and utilization market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the landfill gas capture and utilization market.
•Segment Contributions: Evaluate how different segments drive overall growth in the landfill gas capture and utilization market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the landfill gas capture and utilization market.
•Industry Challenges: Identify potential risks and obstacles affecting the landfill gas capture and utilization market.
•Competitive Landscape: Review strategic developments in the landfill gas capture and utilization market, including expansions, agreements, and new product launches.
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