Press release
Landfill Gas Market Size Worth US$ 6,908.14 Million Globally by 2034 at 6.2% CAGR
What Is Landfill Gas?
Landfill gas is an organic by product of the decomposition of organic substances in landfills. LFG consists of approximately 50% methane, 50% carbon dioxide, and trace amounts of nonmethane natural composites. Methane is a potent greenhouse gas, at least 28 times more productive than carbon dioxide at trapping heat in the atmosphere over a 100-year period.
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Rather than breaking out into the air, LFG can be seized, transformed, and utilized as a green energy resource. Utilizing LFG assists in reducing odor and other risks associated with LFG emissions and prohibits methane from entering into the atmosphere, resulting in local smog and global climate change. Additionally, LFG energy projects generate revenue and create jobs both locally and beyond.
What Are Market Drivers?
Effective Handling of Waste: Waste-to-energy initiatives have gained traction as an solution to both waste management challenges and energy production issues. These projects involve transforming the methane generated by landfills into energy, thus addressing two crucial problems, namely handling waste and generating green energy. It is now being considered as a viable alternative for electricity production, particularly in areas encountering energy shortages, eventually driving up the landfill gas market demand.
Accelerated Urbanization: Swift urbanization and population growth have led to a significant increase in global waste generation. More organic waste in landfills causes high proportions of landfill gas, especially methane. Landfills continue to be a major component of distribution systems making the seizing and usage of gas more important.
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Who are Key Players?
The market is characterized by significant competition, driven by several factors, including technological advancements, regulatory frameworks, and concerns about environmental sustainability. Key companies in the sector are listed below:
• Advanced Disposal
• Ameresco
• Aria Energy Corporation
• Biffa Group
• CLP Envirogas
• EDL
• General Electric
• Infinis Energy
• Pennon Group
• Progressive Waste Solution
• Republic Services
• Reworld Waste, LLC.
• Shanghai Chengtou Holding.
• SUEZ
• Vectren Corporation
• Veolia
• Waste Connection.
• WM Intellectual Property Holdings, L.L.C.
Landfill Gas Market Report Highlights:
• In 2024, the electricity generation within the application segment dominated the market as many governments and organizations are focusing on cleaner energy alternatives.
• The methane segment is expected to witness the fastest growth during the forecast period as it is a primary component of landfill gas.
• In 2024, North America dominated the landfill gas market due to strong government support for renewable energy initiatives and waste-to-energy projects.
• Asia Pacific is expected to record a significant market share during the forecast period due to rapid urbanization and increasing waste generation
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How is Market Segmented?
The landfill gas market is mainly segmented on the basis of type, technology, application, and region. Based on type, the methane segment is expected to witness the fastest growth owing to the usage of methane for decreasing emissions and producing green energy. The growing concentration on green energy is driving investment in methane capturing technologies such as gas gathering systems and bioenergy solutions.
Based on application, the electricity generation segment held the largest market share in 2024. This is primarily because of methane being captured and transformed into electricity to provide a green energy solution.
By Type (Revenue - USD Million, 2020-2034)
• Methane
• Carbon Dioxide
• Trace Gases
By Technology (Revenue - USD Million, 2020-2034)
• Thermal Technologies
• Biochemical Reactions
By Application (Revenue - USD Million, 2020-2034)
• Electricity Generation
• Heating
• Combine Heat & Power
• Others
Which Region Leads Market Demand?
• North America
o US
o Canada
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Malaysia
o South Korea
o Indonesia
o Australia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o South Africa
o Rest of Middle East & Africa
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
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