The landfill gas market is anticipated to reach US$ 1.4 billion in fiscal year 2022, up from US$ 1.3 billion in fiscal year 2021. Between 2022 and 2032, the market is projected to grow at a CAGR of 8.3%, reaching US$ 3.1 billion by the end of that year.
Methane gas produced by organic waste decaying in landfills is collected, processed, and used in the landfill gas market. Capturing and using landfill gas is a crucial step in lowering greenhouse gas emissions and battling climate change since methane is a strong greenhouse gas that is substantially more destructive to the environment than carbon dioxide.
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Prominent Players
- Waste Management, Inc.
- Covanta Holding Corporation
- Veolia Environment S.A.
- Pennon Group Plc.
- SUEZ SA
- Kohler Co., Inc.
- Aria Energy Corp
- Granite Acquisition, Inc.
- Vectren Corporation
- Shanghai Chengtou Holding Co., Ltd.
Key Takeaways from the Market Study
- The global market for landfill gas is anticipated to reach US$ 1.3 billion in 2022.
- From 2022 to 2032, the electricity use case segment is anticipated to have a 55% market share and rule the world.
- Between 2022 and 2032, the direct use-case segment is expected to grow at a strong CAGR of 8.63%.
- By 2022, it is expected that the US region will hold 64.2% of the global market.
- In 2022, a 45.1% increase in market share is anticipated for the landfill gas market in India.
Competitive Landscape
In 2022, Covanta and EQT Infrastructure announced their plans to develop a stand-alone waste-to-energy infrastructure in Europe and separate their European operations from Covanta Holding Corporation. Covanta’s European infrastructure is a market leader in the ownership and management of Energy-from-Waste plants, with three facilities now in operation and three more in Ireland, the United Kingdom, and Italy that are in various stages of development. The separation of Covanta and Covanta Europe is an essential step in freeing significant growth potential and enabling increased wealth generation across both platforms. The new organisational design will provide managers the focus they need to quickly become the leading sustainable waste and materials handling service providers in their respective markets by leveraging their local knowledge, experiences, and operational skills.
The remarkable goal of Veolia to make its waste and water services in France energy independent in the following five years, utilising 2 TWh (terawatt-hours) of locally produced energy to cover the equivalent of its whole present consumption, was published in 2022 amid escalating energy market concerns. This is equivalent to the usage of 430,000 French households. This electricity will be entirely local and renewable. The project is an extension of the Group’s primary plan, which was started in March of this year at Veolia’s own installations as well as those of its clients. Its major objective is to reduce power consumption by 5% and increase energy production by 5% over the course of two years, for a 10% impact.
Market Report
- By Use Case
- Electricity
- Internal Combustion & Reciprocating Engines
- below 500 kW
- 500 kW to 1 MW
- 1 MW – 2 MW
- Above 2 MW
- Internal Combustion & Reciprocating Engines
- Gas Turbines
- Below 2 MW
- 2 – 5 MW
- 5 – 8 MW
- Above 8 MW
- Micro Turbine
- Below 100 kW
- 100 – 150 kW
- 150 – 200 kW
- Above 200 kW
- Direct Use
- Boilers
- Direct Thermal & Leachate Evaporation
- Others
- Electricity
- Combined heat and power
- Alternate fuels
- Pipeline fuel
- Vehicle fuel
- By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia and Oceania
- Middle East & Africa
The outlook for the US Landfill Gas Market is excellent.
According to Fact.MR analysis, the landfill gas industry will probably be the largest market in the United States in 2022. By the end of 2022, the North American region is forecast to hold over 64.2% of the market, according to this prediction.
Currently valued at $780 million, the demand for landfill gas in the United States is expected to increase by roughly 7.7% over the next few years. North America, the second-largest landfill gas market in the world, is anticipated to continue to be dominated by the most lucrative landfill gas industry in the United States.
Regional Analysis For Landfill Gas Market
- APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (USA, Canada and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, United Arab Emirates, South Africa)
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