Landfill Gas (LFG) Market: Insights and Trends for the Future

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The Landfill Gas (LFG) market size was USD 1.62 Billion in 2022 and is expected to register a steady revenue CAGR of 7.6% during the forecast period, according to latest analysis by Emergen Research. Rising number of gas-to-energy is a key factor driving market revenue growth. LFG can be used as a renewable energy source. When the gas is captured and burned, it produces electricity and heat. Gas-to-energy projects harness the potential of LFG, which is primarily composed of methane, a potent greenhouse gas, and utilize it as a valuable energy resource. LFG, generated through the decomposition of organic waste in landfills, is a significant source of methane emissions. For instance, in November 2022, NextEra Energy, a renewable energy developer based in Florida, entered into an agreement to acquire assets valued at USD1.1 billion for its Renewable Natural Gas (RNG) division. These assets are being purchased from the owners of Energy Power Partners Fund I and North American Sustainable Energy Fund, which are both managed by Energy Power Partners. This acquisition is subject to closing adjustments and includes the assumption of around USD37 million in existing project finance debt.

The market intelligence report delivers a profound study of the Landfill Gas business domain, discussing its principal aspects, such as the import & export dynamics, production, consumption, sales channels, and consumer bases in the major regional segments. The latest research report expounds on the profound impact of the COVID-19 pandemic on the global Landfill Gas market and its crucial segments. The report thoroughly examines the vital market-influencing factors and considers the COVID-19 pandemic as a major contributing element to this business vertical’s potential downturn.

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Competitive Outlook: The leading companies operating in the Landfill Gas (LFG) market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Landfill Gas (LFG) Market and Profiled in the Report are:

Archaea Energy Inc., Covanta Holding Corporation, Kohler Co., Pennon Group Plc, Suez Group, CenterPoint Energy, Veolia, Waga Energy, and WM Intellectual Property Holdings, L.L.C

Objectives of the Report:

Study of the global Landfill Gas (LFG) market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Landfill Gas (LFG) market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Landfill Gas (LFG) market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Landfill Gas (LFG) market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

Composition Outlook (Revenue, USD Billion; 2019-2032)
Methane (CH4)
Carbon Dioxide (CO2)
Others
Application Outlook (Revenue, USD Billion; 2019-2032)
Electricity generation
Heat generation
Biofuel production
Direct use in industrial processes
Regional Outlook (Revenue, USD Billion; 2019–2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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