Landfill Gas Market

Landfill Gas Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Landfill Gas Market grew at a CAGR of 7.2% between 2017-2021 and is estimated to be US$ 1,946.2Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 7.7% and is expected to reach a valuation of US$ 4,086.4Mn by 2032 end.

Global growth of these gases has been considerably aided by growing environmental consciousness. Due to the breakdown of organic compounds in landfills, this gas is removed. LFG is utilized to generate electricity and reduce methane emissions into the atmosphere.

Methane and carbon dioxide comprise half of these gases’ composition, with smaller amounts of other chemicals and complex organic molecules. LFG is utilized for both piped gas and the production of electricity. It contributes significantly to closing the supply-demand gap due to the rising energy demand.

Market Dynamic

THE AFFORDABILITY OF GASOLINE, AS WELL AS THE SIMPLICITY OF TRANSPORTATION, WILL FUEL THE DEMAND

Energy consumers, the surrounding community, and landfills all benefit economically and environmentally from landfill gas. Users, state agencies, stakeholders, local governments, energy service providers, landfill owners, and other community members can work together to develop successful landfill gas projects and improve local air quality by lowering the energy costs for landfill gas enterprises.

The landfill gas conveyance system is constructed above ground to allow easy gas input into the pipework. The header pipe and well are connected by the simple design beneath. This works well in landfills where it is necessary to conceal all gears. However, it is projected that the demand for inexpensive fuels, such as landfill gas, will rise more swiftly in the coming years. These elements have increased demand over the anticipated period.

LANDFILL GAS HARMS THE ENVIRONMENT, INCLUDING PLANTS AND ANIMALS

Uncompostable waste in one tonne can yield 400–500 cubic meters of landfill gas. Although there is evidence of other contaminants, carbon dioxide and methane are the major elements of landfill gas. Methane is a 25 times more potent greenhouse gas than carbon dioxide. Thus, the combustion of these gases can contribute to the growing consequences of climate change and global warming.

Anywhere landfills are located, animals and nature suffer. Some animals and birds eat the waste from dumps. By doing this, they devour materials such as drywall, plastic, aluminum, and others. A study published in Science Advances claims that white storks have modified or condensed their regular journey and have opted to construct their nests instead. The long-term effects are not simply negative; they could be lethal for the birds. Thus, with such factors in this service, the demand can plunge during the forecast period.

PARTNERSHIPS BETWEEN THE PUBLIC AND PRIVATE SECTORS TO INCREASE DEMAND FOR COST-EFFECTIVE SOLUTIONS

Landfill gas is created by using rubbish to produce electricity. The rising need for electricity has spurred government interest in these landfill gas plants. Solid waste management in towns is still subpar even though garbage production is predicted to increase more than four times by 2032, from 70 million tonnes yearly to 370 million tonnes.

The amount of waste that gets handled is relatively small. Currently, the primary method of waste management is waste dumping; landfills have not yet become widely used, especially in developing countries. In such a setting, public-private partnerships can thrive and create new growth opportunities for this market throughout the forecast period.

Market Segments Covered in Report

By Application:

• Electricity Generation
• Internal Combustion & Reciprocating Engines
• Gas Turbines
• Micro Turbine
• Direct Use
• Combined heat and power
• Alternate fuels

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Which application type is forecast to gain the dominant Market Share?

The power use case sector is anticipated to hold a market share of 55.6% from 2023 to 2032. Electricity can be found in both positive and negative forms, a sort of energy that may be produced by generators or occurs naturally in lighting and is manifested in the interaction and movement of electrons. Usually, electrically charged items have this energy.

Static electric controls produce electrical potential energy, but dynamic electric control systems have electric current and magnetic power. Methane gas that rises in waste is used to mechanically crush and load the garbage, which is then directed through pipes and wells to produce electricity. Gas turbines, IC engines, and microturbines are commonly used for converting landfill gas to electricity.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• With a market share of 43.8%, the demand for landfill gas in North America, which is currently valued at US$ 780 million, is expected to grow at a CAGR of 7.7% in the years to come. The United States landfill gas industry, which is anticipated to remain the most lucrative, is predicted to continue to dominate North America’s landfill gas market.
• The landfill gas market in India is anticipated to grow steadily and eventually hold a 1% share of the global industry. The country’s high reliance on natural power sources, increasing demand for effective waste management solutions, well-established manufacturing hubs, accessibility to enough raw materials, and low labor costs are a few factors contributing to the rise in landfill gas demand in India.

Competition Analysis

Leading businesses now face stiffer competition as the global landfill gas market grows. Companies in the industry are working to offer a wider range of products and solutions and implementing strategic techniques to expand further to maintain their leading positions.

The key developments in the Global Landfill Gas Market:

• In October 2021, Ramky Enviro installed brand-new integrated municipal solid waste (HiMSW) to compressed landfill gas plants in India. According to reports, it is one of the first plants in the world to manufacture compressed biogas from landfill gas, and it is also the largest in India.
• In October 2020, WagaBox was a unit that Veolia and Waga Energy S.A. were building to collect biomethane from landfill garbage. It has been set up in the French dump in Claye-Soluily to provide 20,000 households in Paris with renewable gas.

A list of some of the key suppliers present in the market are:

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

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.