The Global Landfill Gas Market size was valued at US$ 3.79 billion in 2023 and is anticipated to reach US$ 5.52 billion by 2029 from US$ 4.04 billion in 2024 and increase at a CAGR of 6.47% between 2024 and 2029.
Landfill gas (LFG) may be used to generate electricity and reduce methane emissions in the atmosphere, which will benefit local communities. The natural result of the microbial decomposition of organic materials in landfills is landfill gas. Almost half of the landfill gas is methane, half is carbon dioxide, and the rest comprises complex organic molecules and other chemicals. The presence of microbes on the organic wastes within a landfill produces landfill gas, a complicated mixture of various gases. Methane makes up 40–60% of this gas, while carbon dioxide makes up the balance. In addition, trace levels of other hydrocarbons have been detected in landfill gas. This gas mixture is generally utilized as a fuel to generate heat in any form of the combustion system and generate electricity using steam turbines or fuel cells. The effectiveness of gas collection at landfills varies depending on whether the landfill is closed (no longer accepting garbage) or open (accepting waste). The escalating energy demand, coupled with the desire for lower energy costs, is the primary driver of the landfill gas market. Infrared heaters, process heaters and boiler dryers, pipeline-grade gas, leachate evaporation, and electricity generation can benefit from landfill gas. The gas quality is determined by several factors, including waste composition, oxygen, temperature, physical geometry, and the length of disposing of waste.
Moreover, Landfill gas can be used in boilers as a direct replacement for natural gas. It's also used to heat infrared heaters and provide electricity to procedures that require a lot of energy.
This gas mixture has the unique property of increasing its calorific value by lowering carbon dioxide, nitrogen, and oxygen levels. It can thus be used for industrial and commercial purposes after a few treatments. According to a study, Landfill gas can be used for both power generating and piped gas. On the other hand, with the ever-increasing demand for energy, landfill gas fills a critical gap in the energy supply-demand equation.
Furthermore, through the breakdown of solid waste in landfills, municipal solid waste (MSW) accounts for a large amount of landfill gas generation. Landfill gas can be used directly in boilers or infrared heaters, and it is a cost-effective alternative to natural gas for powering energy-intensive activities. In addition, landfill gases have an impact on climate change. The two main components of landfill gas, methane, and carbon dioxide, are both greenhouse gases. However, methane is a significantly more potent greenhouse gas than carbon dioxide in the atmosphere. Every molecule of methane is 25 times more effective as a heat-trapping gas than a molecule of carbon dioxide. The majority of this methane comes from the bacterial degradation of solid organic wastes in landfills. As a result, collecting and using the gas combination emitted from landfills minimizes methane and carbon dioxide released into the atmosphere. Many nations' governments support waste management activities, which is expected to enhance the worldwide landfill gas industry. On the contrary, the increased usage of landfill gas and the abundant supply of solid waste are likely to provide profitable prospects for the market's leading participants.
This is because changes in moisture levels significantly influence the biological processes involved in creating the gas mixture. Furthermore, landfill gas can contaminate soil and water, and the methane gas produced by decomposition can cause various issues. These factors are the primary factors limiting the landfill gas market's growth.
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2023 to 2029 |
|
Base Year |
2023 |
|
Forecast Period |
2024 to 2029 |
|
CAGR |
6.47% |
|
Segments Covered |
By Application and Region. |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
Geotech, Covanta Holding Corporation, Waste Management, Inc., Veolia Environnement S.A, SUEZ SA, Kohler Co., Inc., Aria Energy Corp, Granite Acquisition, Inc., Vectren Corporation, Shanghai Chengtou Holding Co., Ltd., Pennon Group Plc., and Others. |
According to the application, the electricity sector accounted for the largest market share in 2023, accounting for more than three-quarters of the worldwide landfill gas market, and is expected to continue to lead during the forecast period. In addition, the increasing demand for the usage of portable electronic gadgets and electric energy source-based products is credited with this lead. On the other hand, the application of the alternate fuel is expected to grow at the fastest rate of 9.5 percent. Moreover, due to the depletion of fossil fuels and the rising demand for fossil fuels, alternative fuels such as CNG and LNG from landfills will be sought and developed between 2024 and 2029. A gas turbine is a power plant that uses a combustion engine to convert natural gas into mechanical energy.
This energy is then used to power a generator, which generates the electrical energy that is ultimately distributed to homes and businesses via power lines. These are majorly utilized for trains, pumps, ships, electrical generators, tanks, and gas compressors. Whereas, Micro-turbines are small gas turbines capable of producing both power and heat. Their electrical output ranges from roughly 25 kW to 250 kW. Micro-turbines are characterized as having evolved from turbochargers in automotive engines or auxiliary power units for aviation, depending on the source. Microturbines are termed as a new distributed generating technology that can be utilized for stationary energy generation. They are a form of small-scale combustion turbine that produces both heat and electricity. Therefore, owing to these factors, the electricity application is responsible for the highest global landfill gas market in the near future.
Moreover, it is anticipated to continue to do so by 2029. The rise in health and environmental awareness among the public has made this possible. In addition, the advancement of technology around the world has resulted in a variety of improvements in energy use and biofuel production from biodegradable wastes.
Due to a rise in the demand for electricity and a reduction in pollution caused by landfilling, Asia-Pacific has the highest CAGR of 9.1 percent from 2024-2029. Furthermore, the rise in environmental concerns and significant competitors' increased R&D investments resulted in an expansion in the sales footprint.
Companies playing a prominent role in the global landfill gas market include Geotech, Covanta Holding Corporation, Waste Management, Inc., Veolia Environnement S.A, SUEZ SA, Kohler Co., Inc., Aria Energy Corp, Granite Acquisition, Inc., Vectren Corporation, Shanghai Chengtou Holding Co., Ltd., Pennon Group Plc., and Others.
By Application
By Region
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region