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 is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Landfill Gas (LFG) sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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https://www.emergenresearch.com/request-sample/2201Key companies operating in the Landfill Gas (LFG) market include:
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
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Landfill Gas (LFG) market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Landfill Gas (LFG) Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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https://www.emergenresearch.com/industr ... gas-marketLandfill Gas (LFG) Market Segmentation:
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
Landfill Gas (LFG) Market Segmentation by Regions:
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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