"Actionable Insights to Fuel Your Growth"
The global landfill gas (LFG) market size was USD 3.29 billion in 2020 and is projected to grow from USD 3.40 billion in 2021 to USD 5.21 billion in 2028, exhibiting a CAGR of 6.3% during the forecast period. The global impact of COVID-19 has been unprecedented and staggering, with landfill gas witnessing a negative demand across all the regions amid the pandemic. Based on our analysis, the global market exhibited a lower growth of about -5.3% in 2020 as compared to the average year-on-year growth during 2017-2019. The rise in the market’s CAGR is attributable to this product’s demand and market growth, returning to pre-pandemic levels once the pandemic is over.
Rising awareness of the environment has significantly furnished the development of these gases across the globe. This gas is extracted as a byproduct of the decomposition of organic materials in landfills. LFG is used in power generation and cutting down atmospheric methane emissions. These gases consist of 50% methane and 50% carbon dioxide along with a minor fraction of several compounds and complex organic compounds. LFG is used in power generation as well as for piped gas. With the growing energy demand, it plays a significant role in fulfilling the demand-supply gap.
COVID-19 Negatively Impacted the Global Landfill Gas Market
Several restrictions on travel, work, and industry due to COVID-19 hampered the global market. European countries such as Spain, the U.K., Italy, Germany, and France are the major shareholders of the global market. Conversely, these countries have undergone various regional and national shutdowns that have halted LFG operations. The impact of COVID-19 is proving to be a significant challenge for the renewable industry, resulting in shortage of raw material supply and impending job losses. Companies are dealing with several challenges in the energy & power industry due to the decline in electricity prices post the COVID-19 outbreak.
Request a Free sample to learn more about this report.
Increasing Demand for Gases in Power Generation Sector Will Support Market Growth
The demand for these gases increases from the industrial and commercial sectors and can be utilized for power generation. The calorific value of LFG can be escalated by decreasing the amount of carbon dioxide, nitrogen, and oxygen content. Therefore, after a few treatments, it can be used for industrial and commercial purposes. LFG is directly used in boilers or infrared heaters where it can be used as a replacement to provide power for energy-intensive processes.
In addition, the hasty advancement in landfill power plants projects and mounting adoption of these gases to generate electric power across the region are anticipated to drive the landfill gas market growth. For instance, the Istanbul Metropolitan Municipality in 2020 completed the initial phase of the Seymen landfill gas energy facility - a 20 MW system for the extraction of methane and for producing power.
Utilization of LFG Gases in Organic Waste Management to Favor Growth
Increasingly, states and municipalities are promoting biowaste prevention initiatives to keep biowaste away from landfills. In comparison, this has several advantages, including freeing up valuable landfill space, extending the life of the landfill, and reducing the amount of leachate produced. It can negatively impact LFG energy projects that rely on organic waste to produce LFG.
Growing Environmental Awareness is Fueling Sales of Gases Globally
Harmful gases in the surroundings can cause greenhouse gas emissions into the atmosphere. LFG protects the environment from these negative impacts and fulfills natural and cost-effective power sources. Growing awareness about the environment has led to increased government and private sector investments to construct such power plants. For instance, in 2021, Pittsburg-based RNG LLC launched LFG projects in Missouri and Virginia.
Growing Usage of Landfill Gas as Vehicle Fuel Will Provide an Opportunity for Market Growth
The growing petrol and diesel prices provide a significant opportunity for renewable and compressed natural gas alternatives. These gases can be upgraded to renewable natural gas through treatment processes by increasing their methane content and reducing carbon dioxide, oxygen, and nitrogen contents. Renewable Natural Gases (RNG) can be used in place of fossil natural gas, compressed natural gas, or liquefied natural gases. These gases can also be used in compressed natural gas vehicles without any modifications to the engine or fuel system.
Essential Level of Moisture for Survival of Bacteria May Hinder Growth
Humidity is hampering the growth of the market. However, above a certain level, it is essential for bacteria to survive. Additionally, high facility cost to maintain optimal moisture content for organic waste decomposition is expected to hamper the market growth. The biological process associated with the formation of gas mixture is significantly influenced by moisture levels. In addition, LFG also pollutes soil and water, and methane gas produced during decomposition also causes several problems.
To know how our report can help streamline your business, Speak to Analyst
Electricity Generation is expected to Dominate Market Due to Growing Industrialization
By application, the market is segmented into electricity generation, heating, combine heat & power, and others.
The electricity generation segment captured the largest market share and is projected to grow during the forecast period. This is attributed to the growing demand for uninterrupted power supply and increased adoption of renewable energy for power generation in developing economies. The expansion of transmission & distribution networks due to the surge in electricity demand is driving the development of the electricity generation segment.
North America Landfill Gas Market Size, 2020 (USD Billion)
To get more information on the regional analysis of this market, Request a Free sample
Geographically, the landfill gas market is widespread across key regions, including North America, Europe, Asia Pacific, and the rest of the world.
As per our findings, Europe dominates the LFG market share during the forecast timeframe owing to shifting preference toward renewable energy resources in the region. Germany dominates the market and consists of one of the world's largest LFG industries. Due to the highly developed manufacturing infrastructure and advanced waste management solutions launched by some of the region's key players and government organizations. Highly efficient solutions for packaging waste, waste paper, and bio-waste help Germany's gas management.
Asia Pacific region will register significant growth during the forecast timeframe. In the region, China is considered one of the leading countries and fastest-growing LFG industries due to the rise in environmental concerns and investment in research and development (R & R&D) activities by the key companies. Some of the top landfills utilizing landfill gas for energy production in China are West New Territories Landfill, South East New Territories Landfill, and North East New Territories Landfill.
North America is projected to observe stable growth, with the U.S. leading the region's market. The advancement in manufacturing sectors and several initiatives taken by the government for efficient waste management is boosting the market’s growth. In the U.S., LFG is considered the third-largest source of methane emissions relating to humans. The growing per capita electricity consumption in North America forces the governments to generate power from LFG to provide a cost-effective, clean, and uninterrupted power supply. These factors propel the growth of landfill gas suppliers in the region.
Most of the industry players are majorly located in North America, Europe, and Asia Pacific. Covanta, SUEZ, Kohler Co., Aria Energy, Vectren, Pennon Group Plc, and Veolia provide services such as landfill gas extraction & monitoring, and mention landfill gas composition to increase their market shares.
An Infographic Representation of Landfill Gas Market
To get information on various segments, share your queries with us
The market research report offers qualitative and quantitative insights on this industry and a detailed analysis of market size & growth rate for all possible segments in the market. Along with this, the report provides an elaborative analysis of market dynamics, emerging trends, and competitive landscape. Key insights offered in the report are advancements in technology for LFG by individual segments, and recent industry developments such as partnerships, mergers, and acquisitions. Also, the market analysis covers consolidated SWOT analysis of key players, Porter’s five forces analysis, business strategies of leading market players, macro and micro-economic indicators, and key industry trends.
Value (USD billion)
By Application and Region
Fortune Business Insights study showed that the global landfill gas market was USD 3.29 billion in 2020.
The global landfill gas market is projected to grow at a CAGR of 6.3% over the forecast period.
The landfill gas market size of North America was valued at USD 1.52 billion in 2020.
Various industries use the product such as electricity generation, heating, combine heat & power, and others.
The global landfill gas market is anticipated to reach USD 5.21 billion by 2028.
The electricity generation segment holds the highest landfill gas market share in the global market based on application.
The top players in the landfill gas market are Covanta, Veolia, Pennon, Kohler Co., and Suez.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry