Landfill Gas Market:
Growth opportunities in the landfill gas market look promising over the next six years. This is mainly due to the increasing demand for energy, rising population, and growing concern towards energy security. The use of landfill gas directly in boiler dryers, process heater, and infrared heater also augments market growth.
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Landfill Gas Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The augmenting demand for energy with the growing population worldwide are the prominent factors fuelling the growth of the global landfill market. Governments around the globe are taking various initiatives because of the increasing concern related to energy security and clean energy and exhaustion of conventional resources, which further boosts the growth of the global landfill gas market. The government bodies are investing in proficient waste management techniques due to the surge in waste disposal. It has generated an opportunity and acted as a resource for biogas to serve the high energy demand. These initiatives strengthen the global landfill gas market. Landfill gas can be used directly in infrared heaters, process heaters, pipeline quality gas, and boiler dryer. These gases can be used for commercial and industrial undertakings by changing them into high calorific gas by reducing nitrogen, oxygen, carbon dioxide content. These factors play a major role in surging the growth of the global landfill gas market.
However, countries across the globe have contributed to recycling waste instead of inducing landfill gas because the volume of gas generated depends on several factors, along with characteristics and external environmental factors. This factor might hinder the growth of the global landfill gas market.
Application Segment Drivers
Based on the application, the market is segmented into process heaters, utility flares, pipeline-quality, electricity generation, and leachate evaporation. The electricity generation is anticipated to expand at a faster CAGR over the forecast period. The adoption of renewable energy for power generation and the rising demand for uninterrupted power supply in developing economies are the key factors boosting the growth of this segment. The expansion of transmission & distribution networks owing to the increase in the electricity demand is propelling the electricity generation segment in the global landfill gas market.
Regional Drivers
On the basis of region, North America is projected to grow at a higher CAGR during the forecast period. In the U.S., landfill gas is the third-largest source of methane emissions relating to humans. The increasing per capita consumption of electricity in North America urges governments towards power generation from landfill gas to provide a clean, cost-effective, and uninterrupted power supply. These factors are driving the growth of the global landfill gas market in North America.
Landfill Gas Market’s leading Manufacturers:
- Covanta Holding Corporation
- WM Intellectual Property Holdings
- in
- AEB Amsterdam
- Infinis
- L.C.
- Aria Energy Corp
- Babcock & Wilcox Enterprises Inc.
- Veolia
- Shenzhen Energy
- A2A Energia SPA
Landfill Gas Market Segmentation:
Segmentation by Application:
- Utility Flares
- Process Heater
- Pipeline-Quality
- Leachate Evaporation
- Electricity Generation
Segmentation by Technology:
- Combustion Engine (CE)
- Turbines
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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