매립지 가스 회수 및 이용 시장 : 세계 및 지역별 분석(2023-2033년)

Landfill Gas Capture and Utilization Market Overview

The landfill gas capture and utilization market was valued at $3.06 billion in 2023, and it is expected to grow at a CAGR of 7.18% and reach $6.13 billion by 2033. The market is at a nascent stage and is projected to experience steady growth. Market players investing in research, infrastructure, and partnerships are expected to capitalize on the increasing demand for the landfill gas capture and utilization industry.

Market Lifecycle Stage

Landfill gas capture and utilization involves the extraction of landfill gas from landfills and processing it to get different products. The term "landfill gas capture and utilization" is used for reducing carbon (CO2) and methane (CH4) emissions generated from landfills. Landfill gas-to-energy projects involve different components such as wells, pipelines, turbines, sensors, generators, and others. It represents a creative and environmentally beneficial use of the gases produced naturally during the decomposition of organic material in landfills.

The global landscape showcases a substantial number of operational landfill gas-to-energy initiatives, underscoring the technology's viability and extensive adoption. This widespread implementation, as evidenced by significant investments from both municipal bodies and private entities, reflects a robust market endorsement of these systems.

The landfill gas capture and utilization market is further fueled by the demand for renewable natural gas and actions taken to achieve sustainability targets. Technological innovation, Material advancements, cost considerations, production scale-up challenges, and collaborations shape its dynamics. The demand for landfill gas capture and utilization plants to be stable and predictable, aligned with the generation of landfill waste and the need for renewable energy sources.

Impact:

The demand for renewable energy sources is boosting the deployment of landfill gas capture and utilization plants on a strong upward trajectory, fueled by stringent climate change objectives and the rising costs of traditional fossil fuels. Cities at the forefront of technological advancement are embracing innovative approaches to transform landfill gas into energy. Furthermore, these urban centers are actively investigating additional technologies to enhance their energy solutions, with a particular focus on waste-to-energy incineration and anaerobic digestion processes.

In the realm of landfill gas capture and utilization, the imposition of rigorous regulatory frameworks by governmental authorities represents a notable opportunity. These regulations are typically designed to elevate safety protocols, augment efficiency, and mitigate environmental footprints. Specifically, in the context of landfill gas capture and utilization, enhanced regulatory measures could necessitate a more effective transformation of landfill gas into renewable energy sources, fuels, and other eco-friendly products, thereby opening avenues for market growth and innovation.

Market Segmentation:

Segmentation 1: by Application

• Electricity Generation
• Thermal/Heat Generation
• Fuels

Among the applications, the electricity generation segment plays a pivotal role in dominating the landfill gas capture and utilization market due to its high demand and sustainable way of electricity generation. Landfill gas utilization in electricity generation, notably through internal combustion and reciprocating engines for smaller-scale endeavors and gas turbines for more extensive operations, is expected to bolster sustainable waste management practices. This approach is expected to strengthen the production of clean, renewable energy, driving forward environmental sustainability goals. These landfill gas-to-electricity projects are propelling a surge in robust and eco-friendly energy solutions.

Segmentation 2: by Product Type

• Landfill Gas (Direct)
• Medium-Btu
• Renewable Natural Gas

Among the various product types, landfill gas (direct) happens to be a predominant segment in the landfill gas capture and utilization market. Harnessing landfill gas for direct electricity generation emerges as the best way to manage organic waste decomposition sustainably. This method, while common and effective, faces variability in gas composition, potentially impacting the efficiency of power generation systems. Nevertheless, its application in industrial boilers or furnaces, as a replacement for conventional fossil fuels, significantly boosts the reduction of greenhouse gas emissions. The robust approach of using landfill gas directly not only strengthens local, renewable energy sources but also propels a surge in sustainable waste management practices, bolstering environmental conservation efforts.

Segmentation 3: by Region

• North America
• Europe
• Asia-Pacific
• Rest-of-the-World

The landfill gas capture and utilization market is expected to be dominated by the North America region. This projection stems from various factors, including the region's technological advancements, the number of operational landfills, and the presence of key manufacturing hubs. The region's focus on reducing greenhouse gases and achieving carbon neutrality targets is expected to boost the landfill gas capture and utilization market. Additionally, the established technological progress, industrial infrastructure, and proactive government initiatives support the building of new landfill gas-to-energy projects. Collaborations between landfill gas capture and utilization companies and local suppliers in North America foster technological advancements, leading to enhanced landfill gas extraction techniques and capabilities.

Recent Developments in the Landfill Gas Capture and Utilization Market

• In August 2022, BP p.l.c (Archaea Energy) expanded its business collaboration with Energir, solidifying a new 20-year agreement focused on renewable natural gas. This long-term partnership marks a significant step in their joint commitment to sustainability and renewable energy solutions.
• In November 2023, Walker Industries launched Ontario's most substantial Renewable Natural Gas project utilizing landfill sources, marking a significant stride in sustainable energy development in the region.
• In November 2020, Veolia, in collaboration with Waga Energy, initiated Europe's most ambitious landfill gas-to-renewable natural gas (RNG) conversion project. This groundbreaking initiative stands as a leading example of sustainable energy innovation in the European market.
• In February 2022, TotalEnergies and Veolia partnered with a focus on converting waste-processing facilities and wastewater treatment plants into biomethane sources in over 15 countries, which is expected to bolster robust energy solutions, propelling a surge in sustainable energy production.

Demand - Drivers and Limitations

The following are the demand drivers for the landfill gas capture and utilization market:

• Stringent Regulations and Carbon Neutrality Targets
• Rising Renewable Energy Demand
• Increased Waste Generation

The following are the limitations of the landfill gas capture and utilization market:

• Higher Upfront Cost of Landfill Gas Capture and Utilization
• Lack of Regulations and Policies for Landfill Gas Projects

How can this report add value to an organization?

Product/Innovation Strategy: The product strategy helps the readers understand the different aftermarket solutions provided by the industry participants.

Growth/Marketing Strategy: The landfill gas capture and utilization market is growing at a significant pace and holds enormous opportunities for market players. Some of the strategies covered in this segment are product launches, partnerships, collaborations, business expansions, and investments. The companies' preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the global landfill gas capture and utilization industry.

Competitive Strategy: The key players in the landfill gas capture and utilization market analyzed and profiled in the study include landfill gas capture and utilization manufacturers. Moreover, a competitive landscape of the players operating in the landfill gas capture and utilization market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as launches, synergies, and mergers and acquisitions will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and regional presence.

Some of the prominent names in this market are:

• Ameresco
• Walker Energy
• Enerflex Ltd.
• BP p.l.c.
• ENBRIDGE INC.
• CenterPoint Energy
• NextEra Energy, Inc.
• AB HOLDING SPA
• Veolia
• EDL
• Infinis
• Biffa
• Suez
• CHENGTOU HOLDING CO., LTD.
• Landfill Systems Ltd.

Other related companies in the ecosystem are:

• Covanta Holding Corporation
• Vectren Corporation
• Kohler Co., Inc.
• Pennon Group Plc

Companies that are not a part of the aforementioned pool have been well represented across different sections of the report (wherever applicable).

Table of Contents

Executive Summary

Scope and Definition

1 Markets

• 1.1 Trends: Current and Future Impact Assessment
  • 1.1.1 Trends: Overview
  • 1.1.2 Improved Gas Extraction and Processing Technologies
  • 1.1.3 Digitalization and Automation of Landfill Gas Plants
• 1.2 Supply Chain Overview
  • 1.2.1 Value Chain Analysis
  • 1.2.2 Market Map
• 1.3 Research and Development Review
  • 1.3.1 Patent Filing Trend (by Number of Patents, Country)
• 1.4 Regulatory Landscape
• 1.5 Stakeholder Analysis
  • 1.5.1 Impact Analysis for Key Global Events
• 1.6 Market Dynamics Overview
  • 1.6.1 Market Drivers
    • 1.6.1.1 Stringent Regulations and Carbon Neutrality Targets
    • 1.6.1.2 Rising Renewable Energy Demand
    • 1.6.1.3 Increased Waste Generation
  • 1.6.2 Market Restraints
    • 1.6.2.1 Higher Upfront Cost of Landfill Gas Capture and Utilization
    • 1.6.2.2 Lack of Regulations and Policies for Landfill Gas Projects
  • 1.6.3 Market Opportunities
    • 1.6.3.1 Clean Energy Targets
    • 1.6.3.2 Expansion of Landfill Gas-to-Energy Plants

2 Application

• 2.1 Application Segmentation
• 2.2 Application Summary
• 2.3 Landfill Gas Capture and Utilization Market (by Application)
  • 2.3.1 Application
    • 2.3.1.1 Electricity Generation
    • 2.3.1.2 Thermal/Heat Generation
    • 2.3.1.3 Fuels

3 Products

• 3.1 Product Segmentation
• 3.2 Product Summary
• 3.3 Landfill Gas Capture and Utilization Market (by Product Type)
  • 3.3.1 Product Type
    • 3.3.1.1 Landfill Gas (Direct)
    • 3.3.1.2 Medium BTU
    • 3.3.1.3 Renewable Natural Gas

4 Regions

• 4.1 Regional Summary
• 4.2 Drivers and Restraints
• 4.3 North America
  • 4.3.1 Regional Overview
  • 4.3.2 Driving Factors for Market Growth
  • 4.3.3 Factors Challenging the Market
  • 4.3.4 Application
  • 4.3.5 Product
  • 4.3.6 U.S.
  • 4.3.7 Canada
  • 4.3.8 Mexico
• 4.4 Europe
  • 4.4.1 Regional Overview
  • 4.4.2 Driving Factors for Market Growth
  • 4.4.3 Factors Challenging the Market
  • 4.4.4 Application
  • 4.4.5 Product
  • 4.4.6 Spain
  • 4.4.7 France
  • 4.4.8 Italy
  • 4.4.9 U.K.
  • 4.4.10 Rest-of-Europe
• 4.5 Asia-Pacific
  • 4.5.1 Regional Overview
  • 4.5.2 Driving Factors for Market Growth
  • 4.5.3 Factors Challenging the Market
  • 4.5.4 Application
  • 4.5.5 Product
  • 4.5.6 China
  • 4.5.7 Japan
  • 4.5.8 South Korea
  • 4.5.9 India
  • 4.5.10 Rest-of-Asia-Pacific
• 4.6 Rest-of-the-World
  • 4.6.1 Regional Overview
  • 4.6.2 Driving Factors for Market Growth
  • 4.6.3 Factors Challenging the Market
  • 4.6.4 Application
  • 4.6.5 Product
  • 4.6.6 South America
  • 4.6.7 Middle East and Africa

5 Markets - Competitive Benchmarking & Company Profiles

• 5.1 Next Frontiers
• 5.2 Geographic Assessment
  • 5.2.1 Ameresco
    • 5.2.1.1 Overview
    • 5.2.1.2 Top Products/Product Portfolio
    • 5.2.1.3 Top Competitors
    • 5.2.1.4 Target Customers
    • 5.2.1.5 Key Personnel
    • 5.2.1.6 Analyst View
    • 5.2.1.7 Market Share, 2022
  • 5.2.2 Walker Industries
    • 5.2.2.1 Overview
    • 5.2.2.2 Top Products/Product Portfolio
    • 5.2.2.3 Top Competitors
    • 5.2.2.4 Target Customers
    • 5.2.2.5 Key Personnel
    • 5.2.2.6 Analyst View
  • 5.2.3 Enerflex Ltd.
    • 5.2.3.1 Overview
    • 5.2.3.2 Top Products/Product Portfolio
    • 5.2.3.3 Top Competitors
    • 5.2.3.4 Target Customers
    • 5.2.3.5 Key Personnel
    • 5.2.3.6 Analyst View
  • 5.2.4 BP p.l.c.
    • 5.2.4.1 Overview
    • 5.2.4.2 Top Products/Product Portfolio
    • 5.2.4.3 Top Competitors
    • 5.2.4.4 Target Customers
    • 5.2.4.5 Key Personnel
    • 5.2.4.6 Analyst View
    • 5.2.4.7 Market Share, 2022
  • 5.2.5 ENBRIDGE INC.
    • 5.2.5.1 Overview
    • 5.2.5.2 Top Products/Product Portfolio
    • 5.2.5.3 Top Competitors
    • 5.2.5.4 Target Customers
    • 5.2.5.5 Key Personnel
    • 5.2.5.6 Analyst View
    • 5.2.5.7 Market Share, 2022
  • 5.2.6 CenterPoint Energy
    • 5.2.6.1 Overview
    • 5.2.6.2 Top Products/Product Portfolio
    • 5.2.6.3 Top Competitors
    • 5.2.6.4 Target Customers
    • 5.2.6.5 Key Personnel
    • 5.2.6.6 Analyst View
    • 5.2.6.7 Market Share, 2022
  • 5.2.7 NextEra Energy, Inc.
    • 5.2.7.1 Overview
    • 5.2.7.2 Top Products/Product Portfolio
    • 5.2.7.3 Top Competitors
    • 5.2.7.4 Target Customers
    • 5.2.7.5 Key Personnel
    • 5.2.7.6 Analyst View
  • 5.2.8 AB HOLDING SPA
    • 5.2.8.1 Overview
    • 5.2.8.2 Top Products/Product Portfolio
    • 5.2.8.3 Top Competitors
    • 5.2.8.4 Target Customers
    • 5.2.8.5 Key Personnel
    • 5.2.8.6 Analyst View
  • 5.2.9 Veolia
    • 5.2.9.1 Overview
    • 5.2.9.2 Top Products/Product Portfolio
    • 5.2.9.3 Top Competitors
    • 5.2.9.4 Target Customers
    • 5.2.9.5 Key Personnel
    • 5.2.9.6 Analyst View
    • 5.2.9.7 Market Share, 2022
  • 5.2.10 EDL
    • 5.2.10.1 Overview
    • 5.2.10.2 Top Products/Product Portfolio
    • 5.2.10.3 Top Competitors
    • 5.2.10.4 Target Customers
    • 5.2.10.5 Key Personnel
    • 5.2.10.6 Analyst View
  • 5.2.11 Infinis
    • 5.2.11.1 Overview
    • 5.2.11.2 Top Products/Product Portfolio
    • 5.2.11.3 Top Competitors
    • 5.2.11.4 Target Customers
    • 5.2.11.5 Key Personnel
    • 5.2.11.6 Analyst View
  • 5.2.12 Biffa
    • 5.2.12.1 Overview
    • 5.2.12.2 Top Products/Product Portfolio
    • 5.2.12.3 Top Competitors
    • 5.2.12.4 Target Customers
    • 5.2.12.5 Key Personnel
    • 5.2.12.6 Analyst View
  • 5.2.13 Suez
    • 5.2.13.1 Overview
    • 5.2.13.2 Top Products/Product Portfolio
    • 5.2.13.3 Top Competitors
    • 5.2.13.4 Target Customers
    • 5.2.13.5 Key Personnel
    • 5.2.13.6 Analyst View
  • 5.2.14 Landfill Systems Ltd.
    • 5.2.14.1 Overview
    • 5.2.14.2 Top Products/Product Portfolio
    • 5.2.14.3 Top Competitors
    • 5.2.14.4 Target Customers
    • 5.2.14.5 Key Personnel
    • 5.2.14.6 Analyst View
  • 5.2.15 CHENGTOU HOLDING CO., LTD.
    • 5.2.15.1 Overview
    • 5.2.15.2 Top Products/Product Portfolio
    • 5.2.15.3 Top Competitors
    • 5.2.15.4 Target Customers
    • 5.2.15.5 Key Personnel
    • 5.2.15.6 Analyst View

6 Research Methodology

• 6.1 Data Sources
  • 6.1.1 Primary Data Sources
  • 6.1.2 Secondary Data Sources
  • 6.1.3 Data Triangulation
• 6.2 Market Estimation and Forecast