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2021
Landfill Gas Market

Landfill Gas Market by Application (Electricity, Direct Use, Combined Heat & Power and Alternate Fuels: Global Opportunity Analysis and Industry Forecast, 2021–2030

A06375
Pages: 350
Aug 2021 | 3358 Views
Author(s) : Prakhar Jain , Eswara Prasad
Tables: 186
Charts: 58
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COVID-19

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Landfill Gas Market Overview - 2030

The global landfill gas market size was valued at $1.4 billion in 2020, and landfill gas market forecast projected to reach $2.8 billion by 2030, with global landfill gas market expected at a CAGR of 7.4% from 2021 to 2030. Landfill gas, a complex mixture of different gasses, is created by the action of microorganisms on the organic wastes within a landfill. This gas is composed of 40–60% methane and the rest is carbon dioxide. In addition, the presence of trace amounts of other hydrocarbons is found in the landfill gas. This gas mixture is primarily used as a fuel to generate heat through any type of combustion system and to produce electricity by using steam turbines or fuel cells. The efficiency of collection of gas at landfills is different for closed (those which no longer accept waste) and open (those which still accept waste) landfills.

Emergence of COVID-19 had a positive impact on the growth of the global landfill gas market for a short period. The unavailability of labor and improper transportation during this period has put various energy producers in a tight situation to meet the demand for consumers.

Depletion of conventional energy resources is anticipated to result in increased demand for landfill gas in industrial and commercial power generation. A distinguishable property of this gas mixture is that its calorific value can be escalated by lowering the carbon dioxide, nitrogen, and oxygen content. Thus, after few treatments, it can be used for industrial and commercial purposes. Landfill gas is directly usable in boilers or in infrared heaters where it can replace natural gas for providing power for energy-intensive processes, proving to be cost-effective. Landfill gases influence the changes in climate. Methane and carbon dioxide, the two major components of landfill gas, are both greenhouse gasses. Methane in the atmosphere is a far more potential greenhouse gas than carbon dioxide. Each molecule of methane is roughly 25 times more potent as a heat-trapping gas than that of a carbon dioxide molecule. Majority of this methane is emitted from the landfills as a result of bacterial decomposition of solid organic wastes. Thus, collecting and utilizing this gas mixture released from the landfills reduces the emission of methane and carbon dioxide into the environment. Governments of many countries favor the waste management initiatives, which is anticipated to boost the growth of the global landfill gas industry.

Landfill-Gas-Market

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However, high set up cost to maintain the optimum moisture level for the organic waste decomposition is expected to hamper the market growth. Drop in the moisture level significantly affects the biological processes that are associated with the formation of the gas mixture. On the contrary, increase in use of landfill gas and availability of solid waste in abundance are expected to offer lucrative opportunities for the major players operating in the market. In addition, landfill gas may also contaminate the soil and water, and the methane gas produced from the decomposition causing several problems. The above are various factors restraining the growth of the landfill gas market.

Landfill Gas Market
By Application

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Electricity is projected as the most lucrative segment.

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The landfill gas market is segmented on the basis of application and region. The applications covered in the study include electricity, direct use, combined heat & power, and alternate fuels. 

Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share of the market, followed by Europe and North America. 

The major companies profiled in this report include Waste Management, Inc., Covanta Holding Corporation, Veolia Environnement S.A, Pennon Group Plc., SUEZ SA, Kohler Co., Inc., Aria Energy Corp, Granite Acquisition, Inc., Vectren Corporation, and Shanghai Chengtou Holding Co., Ltd.  

Landfill Gas Market
By Region

2030
North America 
Europe
Asia Pacific
Lamea

North America holds a dominant position in 2020

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Key findings of the study

  • By region, the North America landfill gas market is projected to witness growth at the highest CAGR in terms of revenue, during the forecast period.
  • By application, the electricity segment accounted for the largest landfill gas market share in 2020 as per landfill gas market analysis.

Impact Of Covid-19 On The Global Landfill Gas Market

  • Emergence of COVID-19 had a positive impact on the growth of the global landfill gas market for a short period.
  • The unavailability of labor and improper transportation during this period has put various energy producers in a tight situation to meet the demand for consumers.
  • The awareness among the people related to the environmental impact brought by landfill waste during this period has led to an increase in investment from the private and government sectors toward the construction of landfill gas plants.
  • The increase in the presence of harmful gas such as carbon dioxide, methane, and also a breeding site for various harmful bacteria which can cause harmful disease during this pandemic situation have shown a positive impact on the development of the landfill gas market.
  • Thus, the abovementioned factors are expected to boost the global landfill gas market growth in current times.

Key Market Segments

By Application

  • 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

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Turkey
    • South Africa
    • Rest of LAMEA
 

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The global landfill gas market is expected to witness increased demand during the forecast period, due to rapid growth of the electronics industry and surge in electricity demand across the globe during the forecast period.

Landfill gas production depends on several environmental factors which is the key restraining factor for the growth of the landfill gas market during the forecast period. However, increase in demand for landfill gas in the application of renewable energy and rise in requirement of landfill gas in several end-use applications such as electricity generation, boilers, turbines, and others are some of the key factors expected to provide high demand for the landfill gas market throughout the forecast period. In addition, use case of more Municipal Solid Waste (MSW) to drive the supply of landfill gas and private & public partnerships for cost effective solutions especially in developed countries are expected to drive the growth of the global landfill gas market demand throughout the forecast period.

The COVID-19 pandemic has positively impacted the global landfill gas market for a short span due to increase in awareness among the people related to the environmental impact brought by landfill waste during this period, thereby increasing investment from the private and government sectors toward the construction of landfill gas plants. 

Moreover, increase in collaboration between companies and municipalities is expected to surge the growth of the landfill gas market throughout the forecast period. 
 

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FREQUENTLY ASKED QUESTIONS?

A. Electricity segment holds the maximum share of the Landfill Gas market

A. Increase in collaboration between companies and municipalities is the key growth strategies of Landfill Gas market players

A. To get latest version of Landfill Gas market report can be obtained on demand from the website.

A. Electric vehicle manufacturers, electricity power generation plants, gas pipelines, boilers and turbine are the potential customers of Landfill Gas industry

A. Asia Pacific region will provide more business opportunities for Landfill Gas in future

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. Increase in the demand for energy and depletion of conventional energy resources and increasing applications of landfill gas in the commercial and industrial sector are key driving factors and opportunities in the Landfill Gas market

A. Waste Management, Inc., Covanta Holding Corporation, Veolia Environnement S.A, Pennon Group Plc., SUEZ SA, Kohler Co., Inc., Aria Energy Corp, Granite Acquisition, Inc., Vectren Corporation and Shanghai Chengtou Holding Co., Ltd. are the leading global players in the Landfill Gas market

A. Landfill Gas market prediction in the future is to reach $2,818.6 Mn by 2030

A. The global landfill gas market is segmented on the basis of application and region. On the basis of application, the global landfill gas market is segmented into electricity, direct use, combined heat & power and alternate fuels. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

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