Renewable Natural Gas (RNG), also known as Sustainable Natural Gas (SNG) or biomethane, is a biogas which has been upgraded to a quality similar to fossil natural gas and having a methane concentration of 90% or greater. A biogas is a gaseous form of methane obtained from biomass. By upgrading the quality to that of natural gas, it becomes possible to distribute the gas to customers via the existing gas grid within existing appliances.
Market Analysis and Insights: Global and United States Renewable Natural Gas Market
This report focuses on global and United States Renewable Natural Gas market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Renewable Natural Gas market size is estimated to be worth US$ 8090.1 million in 2022 and is forecast to a readjusted size of US$ 72130 million by 2028 with a CAGR of 44.0% during the review period. Fully considering the economic change by this health crisis, by Source, Agricultural RNG Resource accounting for % of the Renewable Natural Gas global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Electricity Generation was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Get Sample Report – https://www.360researchreports.com/enquiry/request-sample/20988463
Global key players of Renewable Natural Gas include Clean Energy Fuels, Archaea Energy, etc. Global top 3 companies hold a share about 30%. North America is the largest market, with a share over 40%, followed by Europe and Asia Pacific with the share about 40% and 15%. In terms of product, Agriculture Type is the largest segment, with a share about 60%. And in terms of application, the largest application is Gas Grid, with a share over 50%.
Global Renewable Natural Gas Scope and Market Size
Renewable Natural Gas market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Renewable Natural Gas market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Renewable Natural Gas market size by players, by Source and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
For Any Query Please Click Here
Major Player
- Clean Energy Fuels
- Archaea Energy
- Montauk
- VERBIO
- Vanguard Renewables
- J V Energen
- Gasrec
- Future Biogas
- REN Energy
- Dominion Energy
- Deqingyuan
- California Bioenergy
- Asia Biogas
- AltEnergo
- Waga Energy
- Ameresco
By Types
- Agricultural RNG Resource
- Sewage & Wastewater RNG Resource
- Landfill RNG Resource
Application
- Electricity Generation
- Vehicle Fuel
- Gas Grid
- Others
Key Questions Answered in the Report
- What are the major market drivers, challenges, and opportunities and their respective impacts in the global Renewable Natural Gas market?
- What are the underlying structures resulting in the emerging trends within the global Renewable Natural Gas market?
- What is the current market demand, along with future expected demand for the global Renewable Natural Gas market?
- What are the key development strategies that have been implemented by the major players in order to sustain the competitive market?
- Which potential entry barriers are expected to be faced by the companies willing to enter the global Renewable Natural Gas market?
- Who are the leading players with significant offerings to the global Renewable Natural Gas market, and what is the expected market dominance for each of these leading players?
- Which companies are anticipated to be highly disruptive in the future, and why?
- What are the growth opportunities for the companies in the region of their operation?
- What are the key regulatory implications in developed and developing regions for Renewable Natural Gas?