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 Global Landfill Gas (LFG) Market report serves as an accurate database providing the precise market estimations based on a detailed industry analysis. The highly professional report is targeted at readers and businesses interested in this sphere. Our team of analysts has employed primary and secondary research methodologies to determine the estimated market share over the projected timeframe, as well as to analyze the major market segments, including regional bifurcation.
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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
- North America
Regional Segmentation:
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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