매립지 가스 시장 규모, 점유율, 성장 분석 : 용도별, 지역별 - 산업 예측(2024-2031년)

Global Landfill Gas Market size was valued at USD 1.4 billion in 2022 and is poised to grow from USD 1.52 billion in 2023 to USD 2.9 billion by 2031, at a CAGR of 8.3% during the forecast period (2024-2031).

The global landfill gas market is poised for growth, driven by the depletion of conventional energy resources and the increasing adoption of landfill gas for industrial and commercial power generation. Treated landfill gas, with enhanced calorific value, offers a cost-effective alternative to natural gas, supporting its suitability for diverse applications. Methane and carbon dioxide, the primary components of landfill gas, are significant greenhouse gases, with methane being 25 times more potent than carbon dioxide in trapping heat. Governments worldwide are promoting waste management initiatives, which bolster market expansion. However, challenges such as high setup costs for maintaining optimal waste decomposition conditions and risks of soil and water contamination persist. Addressing these issues, alongside leveraging solid waste abundance, presents notable opportunities for market growth.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Landfill Gas market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Landfill Gas Market Segmental Analysis

Global Landfill Gas Market is segmented by Application and by Region. Based on Application, the market is segmented into Electricity, Direct use, Combined heat & power, and Alternate fuels. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Drivers of the Global Landfill Gas Market

The increasing global focus on renewable energy and the urgent need to mitigate greenhouse gas emissions are significant drivers for the landfill gas market. Landfill gas, which is rich in methane, offers a valuable opportunity to convert waste into a sustainable energy resource. By capturing and utilizing this gas, it not only reduces harmful emissions but also supports the global transition towards a low-carbon economy. Governments and industries are prioritizing landfill gas projects as part of renewable energy strategies, further boosting its adoption. Additionally, the dual benefit of managing waste effectively while generating energy strengthens its appeal, making it an essential component of sustainable energy solutions worldwide.

Restraints in the Global Landfill Gas Market

Our analysis reveals that the global landfill gas market faces a significant restraint in the form of high initial capital requirements for setting up gas collection and treatment systems. These systems demand substantial investments in infrastructure development, advanced gas collection mechanisms, and treatment technologies, making the initial setup financially challenging. This financial burden often acts as a barrier to entry, particularly for smaller operators and new entrants, who may lack the resources to undertake such projects. Additionally, the high upfront costs can discourage broader adoption of landfill gas utilization, limiting its potential as a renewable energy source. Consequently, this financial constraint poses a critical challenge to the growth and expansion of the landfill gas market globally.

Market Trends of the Global Landfill Gas Market

The global landfill gas market is experiencing dynamic growth driven by several key trends. A major trend is the growing recognition of landfill gas as a viable renewable energy source, supported by government initiatives and industry efforts to reduce greenhouse gas emissions. Favorable regulations and policies are accelerating the adoption of landfill gas for power generation and heat production, aligning with global sustainability goals. Additionally, technological advancements are reshaping landfill gas management. Innovations like enhanced gas collection systems, advanced gas treatment technologies, and efficient upgrading techniques are significantly improving the quality and efficiency of landfill gas utilization. These developments underscore the market's potential to contribute to cleaner energy solutions and a more sustainable future.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Regulatory Landscape
• Value Chain Analysis
• Case Study Analysis
• Customer & Buying Criteria Analysis
• PESTEL Analysis
• Macro-Economic Indicators
• Startup Analysis
• Market Attractiveness Index
• Supply Chain Analysis

Global Landfill Gas Market Size by Application & CAGR (2024-2031)

• Electricity
  • Internal Combustion & Reciprocating Engines
  • Gas Turbines
  • Micro Turbines
• Direct Use
  • Boilers
  • Direct Thermal & Lachate Evaporation
  • Others
• Combined Heat & Power
• Alternate Fuels
  • Pipeline Fuels
  • Vehicle Fuels

Global Landfill Gas Market Size by Region & CAGR (2024-2031)

• North America, (by Application)
  • US
  • Canada
• Europe, (by Application)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (by Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (by Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (by Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Waste Management Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Veolia Environment SA
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SUEZ Environment
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Republic Services Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BP plc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Covanta Holding Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fortistar
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wheelabrator Technologies Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Waste Connections Inc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Clean Harbors Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GFL Environmental Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Viridor
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Qila Energy
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gasum Oy
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Linde plc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• A2A S.p.A.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Engie SA
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shanghai Chengtou Holding Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Pennon Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Granite Acquisition,Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation