Press release
Bio-LNG Market Expansion Potential and Revenue Projection 2026 to 2035
Bio-LNG Market
Bio-LNG Market Size is valued at USD 900.6 Million in 2024 and is predicted to reach USD 5133.3 Million by the year 2034 at a 19.3% CAGR during the forecast period for 2025 to 2034.
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Bio-LPG is gaining traction as a sustainable alternative to conventional liquefied petroleum gas (LPG), offering substantial environmental advantages. It is utilized across diverse sectors, including residential cooking and heating, transportation, and industrial applications. A key benefit of bio-LPG is its compatibility with existing LPG infrastructure and appliances, reducing the need for extensive system modifications.
Market growth is closely linked to the establishment of a robust and reliable supply chain, encompassing consistent feedstock availability, efficient transportation networks, and upgrades to LNG terminals for optimized storage and distribution. Significant investments are being directed toward strengthening these supply chain capabilities.
Further expansion is supported by strategic collaborations among energy companies, technology providers, and agricultural stakeholders, which facilitate research, development, commercialization, and resource optimization. Regions with abundant biomass resources and advanced LNG infrastructure are actively pursuing export opportunities, while international partnerships and trade agreements are expected to drive global market integration and long-term growth.
List of Prominent Players in the Bio-LNG Market:
• TotalEnergies SE
• Linde plc
• MAKEEN Energy
• Nordsol
• BoxLNG Pvt. Ltd
• Flogas Britain Limited
• DBG Group B.V.
• Gasum Ltd
• RUHE Biogas Service GmbH
• LIQVIS GmbH
• Andion Global Inc.
• Cycle0
• Titan LNG
• Alexela
• EnviTec Biogas AG
• Scandinavian Biogas Fuels International AB
• Scale Gas Solutions
• GREEN CREATE
• Biomet SpA
• Air Water Inc.
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Market Dynamics
Drivers:
Bio-LNG is increasingly being recognized as a low-carbon fuel solution, particularly for high-emission sectors such as maritime shipping, heavy-duty road transport, and aviation. The pressing global imperative to decarbonize these industries positions bio-LNG as a strategic alternative, delivering significant reductions in carbon emissions compared to conventional LNG and diesel. Market growth is further supported by collaborative efforts among energy producers, technology providers, and agricultural stakeholders, which are accelerating the development, deployment, and commercialization of bio-LNG technologies.
Challenges:
A key constraint for the bio-LNG market is ensuring a reliable and sustainable feedstock supply. Scalable production depends on the availability of organic waste, agricultural residues, and energy crops without compromising food security or contributing to deforestation. In addition, considerable capital investment is required to develop the infrastructure needed for production, storage, and distribution, and the limited existing infrastructure continues to restrict broader market adoption.
Regional Trends:
North America is expected to secure a significant share of the global bio-LNG market and register robust growth during the forecast period. In Europe, regulatory initiatives such as the Renewable Energy Directive and the European Green Deal, with their stringent renewable energy targets and carbon reduction mandates, are creating a favorable environment for market expansion by incentivizing production and promoting adoption. Likewise, renewable energy policies and carbon reduction commitments in the United States and Canada are driving increased demand for bio-LNG as a sustainable, low-carbon energy solution.
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Recent Developments:
• In November 2022, Nordsol, Attero, and Titan collaborated on the FirstBio2Shipping project to produce bio-liquefied natural gas (bio-LNG) to assist sustainable maritime transportation. To achieve decentralized fuel generation, the partners have made a final investment conclusion to build a plant at the waste processor Attero's facility in Wilp, the Netherlands. The project will generate around 2,400tpa of bio-LNG or liquefied biomethane, with the first delivery planned in early 2024.
Segmentation of Bio-LNG Market-
By Application-
• Automotive
o Trucks
o Buses
o Others
• Ships
• Others
By Source-
• Agriculture Residues
• Industrial Waste
• Household Waste
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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