At a CAGR of 7.4%, the Landfill Gas Market Expected to Reach $2.8 Billion by 2030

Landfill Gas Market Insight

Significant Growth Foreseen by Landfill Gas Market during 2030

PORTLAND, OREGON, UNITED STATES, October 25, 2023 /EINPresswire.com/ -- An increase in government spending on greenhouse gas control, utilization of landfill gas to prevent hazardous emissions, rapid increase in demand for landfill gas in several application areas, electricity, boilers, turbines, and several end-use industries, is expected to create increased opportunities for the landfill gas market during the forecast period. In addition, low operation costs and higher flexibility of landfill gas production plants across the globe are expected to fuel the growth of the landfill gas market during the forecast period. the global landfill gas market size was valued at $1.4 billion in 2020 and is projected to reach $2.8 billion by 2030, growing at a CAGR of 7.4% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂: https://www.alliedmarketresearch.com/request-sample/6740

The increase in usage of portable electronic gadgets and electric energy source-based products has increased the demand for electricity. The depletion and uneven presence of natural resources across the globe is one of the driving factors for the growth of the landfill gas market. The outbreak of the pandemic has led the energy industries and countries that depend on its energy on fossil fuel imports into a tight spot. Various governments have set their sights on renewable and cost-efficient methods to solve this problem to overcome the future crisis. The above-mentioned are the key factors that provide remunerative opportunities for the growth of the market across the globe.

The rapid development of reciprocating gas engines due to their application in multiple power generation equipment to provide backup generating capacity offers scalable and efficient solutions for commercial and industrial combined heat and power systems. The presence of plentiful natural gas supplies and relatively stable infrastructure in the U.S. is one of the factors driving the interest in reciprocating engines for industrial applications. The creative use of reciprocating engine technology includes not only power generation but also thermal and even captured emissions are gaining traction in some well-known countries. These factors provide ample growth opportunities for the growth of the landfill gas market throughout the forecast period.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/6740

Landfill gas production volume depends on several factors which include characteristics and external environmental factors. The most essential part of the landfill gas production process is the survival of the bacteria for the decomposition of organic waste. In addition, a drop in moisture level leads to retarded biological processes which is associated with biological decomposition. Also, it may also contaminate the soil and water, and the methane gas produced from the decomposition will light up in some rare conditions to cause problems. The above are various factors restraining the growth of the landfill gas market throughout the forecast period.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The Landfill Gas industry's² key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐋𝐚𝐧𝐝𝐟𝐢𝐥𝐥 𝐆𝐚𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞,

Kohler Co., Inc.
Veolia Environment S.A
SUEZ SA
Shanghai Chengtou Holding Co., Ltd.
Waste Management, Inc.
Pennon Group Plc.
Covanta Holding Corporation
Vectren Corporation
Aria Energy Corp
Granite Acquisition, Inc.

The global landfill gas market is segmented on the basis of application and region. The applications covered in the study include electricity, direct use, combined heat & power, and alternate fuels. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share of the market, followed by Europe and North America.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/6740

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲:

- By region, the North America landfill gas market is projected to witness growth at the highest CAGR in terms of revenue, during the forecast period.
- By application, the electricity segment accounted for the largest landfill gas market share in 2020, as per landfill gas market analysis.

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐚𝐧𝐝 𝐏𝐨𝐰𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

𝟏. 𝐂𝐨𝐚𝐥 𝐆𝐚𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2023/09/18/2744795/0/en/Coal-Gasification-Market-to-Reach-544-2-Billion-Globally-by-2032-at-11-4-CAGR-Allied-Market-Research.html

𝟐. 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐁𝐢𝐨𝐠𝐚𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2022/11/21/2560018/0/en/Global-Organic-Biogas-Market-to-Reach-19-7-Billion-by-2031-Allied-Market-Research.html

𝟑. 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐆𝐚𝐬𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2022/09/05/2509899/0/en/Industrial-Gases-Market-to-Reach-162-8-Billion-by-2031-Allied-Market-Research.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

¹ https://www.alliedmarketresearch.com/landfill-gas-market-A06375
² https://www.prnewswire.com/news-releases/landfill-gas-market-to-reach-2-8-billion-by-2030--globally-by-2030-at-7-4-cagr-allied-market-research-301369675.html