바이오 LNG 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 원료별, 용도별, 지역별＆경쟁(2021-2031년)

The Global Bio-LNG Market is projected to expand from USD 3.01 Billion in 2025 to USD 4.21 Billion by 2031, achieving a CAGR of 5.75%. Bio-LNG, which is liquefied biomethane derived from processing organic waste, serves as a direct, low-carbon renewable substitute for traditional liquefied natural gas. The market's trajectory is fundamentally underpinned by strict decarbonization mandates within the maritime and heavy transport sectors, alongside the fuel's seamless compatibility with existing global LNG infrastructure. Highlighting this demand, SEA-LNG reported in 2025 that LNG dual-fueled vessels represented 70% of the alternative-fueled tonnage ordered in 2024, reflecting a strong industrial shift toward compatible fleet technologies.

Despite this positive outlook, the market encounters a substantial obstacle in the form of high production costs compared to fossil-based equivalents. The economic feasibility of Bio-LNG is often hindered by the capital-intensive nature of liquefaction facilities and the fragmented availability of organic feedstock. These factors can restrict scalability and impede adoption in price-sensitive markets, particularly in the absence of sustained regulatory incentives to offset the financial burden.

Market Driver

The escalating demand for compliant low-carbon fuels within the maritime industry acts as a primary catalyst for the growth of the bio-LNG market. As shipping operators encounter increasingly rigorous decarbonization mandates, such as the FuelEU Maritime initiative and the EU Emissions Trading System (ETS), there is a rapid shift toward drop-in renewable fuels that do not require engine retrofits. This regulatory environment has driven immediate commercial uptake, offering a compliant method to lower carbon intensity while utilizing existing assets. For instance, Gasum's annual financial review in March 2025 noted a 41% year-on-year rise in LNG bunker sales during 2024, a surge largely attributed to the maritime sector's need for immediate emissions abatement solutions.

Simultaneously, the broadening of distribution networks and LNG refueling infrastructure is effectively removing logistical barriers to widespread adoption. Energy providers and port authorities are investing heavily in bunkering facilities and liquefaction capacity to guarantee supply security for global trade routes. This scaling of the supply chain is crucial for transforming regional biomethane production into a globally traded commodity. According to the European Biogas Association's "Statistical Report 2024" from December 2024, installed biomethane production capacity in Europe reached 6.4 bcm per year by the first quarter of that year. Furthermore, SEA-LNG reported in 2025 that LNG bunkering services are now available in 198 ports worldwide, ensuring reliable refueling options at major international shipping hubs.

Market Challenge

A major impediment to the Global Bio-LNG Market is the elevated cost of producing liquefied biomethane compared to conventional fossil-based natural gas. This price disparity is largely caused by the disjointed nature of organic feedstock supply chains and the capital-intensive requirements for developing advanced liquefaction infrastructure. Unlike fossil fuel extraction, the collection and processing of organic waste have not yet achieved comparable economies of scale, keeping the final unit cost of Bio-LNG prohibitively high for many cost-conscious operators. Consequently, this economic disadvantage limits the fuel's immediate adoption in the heavy transport and maritime sectors, where operating margins are often tight and fuel expenditures constitute a significant portion of costs.

This pricing differential creates a direct barrier to market scalability, preventing Bio-LNG from becoming a dominant fuel source despite regulatory pressures to decarbonize. Fleet operators are often hesitant to commit to long-term renewable fuel contracts when facing a significant price premium. As reported by SEA-LNG in July 2024, the price of bio-LNG varied between USD 21 and USD 60 per gigajoule depending on feedstock and greenhouse gas savings, whereas conventional LNG bunker fuel traded at approximately USD 12 per gigajoule. This data illustrates a two-to-five-fold cost increase for the renewable alternative, highlighting the severe economic friction that currently hampers the broader commercial expansion of the global market.

Market Trends

The emergence of decentralized liquefaction systems is reshaping the market's supply structure by allowing biogas to be converted into high-density fuel directly at the point of feedstock generation. This trend enables agricultural and municipal hubs to act as direct energy suppliers, thereby minimizing the logistical inefficiencies and costs associated with transporting raw organic waste to centralized processing facilities. By integrating advanced liquefaction technology directly into local production sites, operators can unlock significant regional capacities that were previously stranded due to grid limitations. According to Bioenergy International in September 2025, St1 Biokraft inaugurated its new Monsteras production plant in Sweden, utilizing this localized model to reach an annual production capacity of approximately 138 GWh of liquefied biomethane.

In parallel, the formation of strategic offtake alliances between logistics fleets and producers is mitigating commercial risks and accelerating market maturation. These long-term partnerships provide producers with the revenue certainty required to secure final investment decisions while guaranteeing fleet operators access to compliant, traceable fuel volumes for strict decarbonization mandates. This shift from volatile spot trading to committed contractual frameworks is essential for scaling the adoption of renewable fuels in the maritime sector. For example, Titan Clean Fuels reported in March 2025 that it executed a significant operation under a new multi-delivery contract with Mitsui O.S.K. Lines (MOL), delivering 500 tons of bio-LNG to the vehicle carrier Celeste Ace in the Port of Zeebrugge.

Key Market Players

• TotalEnergies SE
• Linde plc
• Makeen Energy A/S
• BoxLNG Pvt. Ltd.
• Flogas Britain Ltd.
• DBG Group Ltd
• Gasum Oy
• RUHE Biogas Service GmbH
• LIQVIS GmbH
• Andion Global Inc.

Report Scope

In this report, the Global Bio-LNG Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Bio-LNG Market, By Source

• Agricultural Residues
• Industrial Waste
• Household Waste
• Others

Bio-LNG Market, By Application

• Transportation Fuel
• Power Generation
• Others

Bio-LNG Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Bio-LNG Market.

Available Customizations:

Global Bio-LNG Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Bio-LNG Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Source (Agricultural Residues, Industrial Waste, Household Waste, Others)
  • 5.2.2. By Application (Transportation Fuel, Power Generation, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Bio-LNG Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Source
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Bio-LNG Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Source
      • 6.3.1.2.2. By Application
  • 6.3.2. Canada Bio-LNG Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Source
      • 6.3.2.2.2. By Application
  • 6.3.3. Mexico Bio-LNG Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Source
      • 6.3.3.2.2. By Application

7. Europe Bio-LNG Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Source
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Bio-LNG Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Source
      • 7.3.1.2.2. By Application
  • 7.3.2. France Bio-LNG Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Source
      • 7.3.2.2.2. By Application
  • 7.3.3. United Kingdom Bio-LNG Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Source
      • 7.3.3.2.2. By Application
  • 7.3.4. Italy Bio-LNG Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Source
      • 7.3.4.2.2. By Application
  • 7.3.5. Spain Bio-LNG Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Source
      • 7.3.5.2.2. By Application

8. Asia Pacific Bio-LNG Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Source
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Bio-LNG Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Source
      • 8.3.1.2.2. By Application
  • 8.3.2. India Bio-LNG Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Source
      • 8.3.2.2.2. By Application
  • 8.3.3. Japan Bio-LNG Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Source
      • 8.3.3.2.2. By Application
  • 8.3.4. South Korea Bio-LNG Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Source
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia Bio-LNG Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Source
      • 8.3.5.2.2. By Application

9. Middle East & Africa Bio-LNG Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Source
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Bio-LNG Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Source
      • 9.3.1.2.2. By Application
  • 9.3.2. UAE Bio-LNG Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Source
      • 9.3.2.2.2. By Application
  • 9.3.3. South Africa Bio-LNG Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Source
      • 9.3.3.2.2. By Application

10. South America Bio-LNG Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Source
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Bio-LNG Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Source
      • 10.3.1.2.2. By Application
  • 10.3.2. Colombia Bio-LNG Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Source
      • 10.3.2.2.2. By Application
  • 10.3.3. Argentina Bio-LNG Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Source
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Bio-LNG Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. TotalEnergies SE
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Linde plc
• 15.3. Makeen Energy A/S
• 15.4. BoxLNG Pvt. Ltd.
• 15.5. Flogas Britain Ltd.
• 15.6. DBG Group Ltd
• 15.7. Gasum Oy
• 15.8. RUHE Biogas Service GmbH
• 15.9. LIQVIS GmbH
• 15.10. Andion Global Inc.

16. Strategic Recommendations

17. About Us & Disclaimer