Landfill Gas Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis

New York, Global Landfill Gas Market report from Global Insight Services is the single authoritative source of intelligence on Landfill Gas Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Landfill gas is a type of biogas, which is produced by the decomposition of organic matter in landfills. The gas is comprised of approximately 50-60% methane, 30-40% carbon dioxide, and trace amounts of other gases such as nitrogen, oxygen, and hydrogen sulfide. Methane is the primary component of natural gas and is a potent greenhouse gas.

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Key Trends

The key trends in landfill gas technology are the development of new and improved methods for extracting gas from landfills, and the use of landfill gas to generate electricity.

Landfill gas can be used to generate electricity in a process known as landfill gas to energy (LFGE). In this process, the gas is collected and then combusted in a power plant to generate electricity.

There are a number of benefits to using LFGE to generate electricity. First, it can help to reduce greenhouse gas emissions from landfills. Second, it can provide a source of renewable energy. Third, it can help to reduce the odors associated with landfills.

There are a number of companies that are developing new and improved methods for extracting gas from landfills. For example, Waste Management, Inc. has developed a system that uses a series of wells and a vacuum to extract gas from a landfill.

Key Drivers

The key drivers of the Landfill Gas market are:

1) Increasing awareness of the environmental benefits of using LFG: LFG is a renewable energy source that can help to reduce greenhouse gas emissions. Using LFG can also help to reduce the amount of waste that is sent to landfills.

2) The availability of technology to capture and use LFG: There is a growing number of companies that offer technology to capture and use LFG. This technology is becoming more affordable and is becoming more widely available.

3) Government incentives: Many governments offer financial incentives to encourage the use of LFG. These incentives can help to offset the costs of capturing and using LFG.

4) The rising cost of fossil fuels: As the price of fossil fuels continues to rise, the use of LFG becomes more economically attractive.

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Key Market Segments

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

Key Market Players

The landfill gas market report includes players such as Pennon Group Plc., Vectren Corporation,  Archaea Energy,  Veolia Environment S.A., Covanta Holding Corporation, Ameresco, EDL, Suez SA, Waste Management SA, and Kohler Co. Inc.

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