With tons of used products being dumped around the world, converting municipal solid waste into gas is gaining traction. Different gases emitted by decomposition activities of microorganism are being mixed together in large amounts to create volumes of landfill gas. High presence of VOCs in landfill gases continues to drive their use as a key source of hydrocarbons such as methane. This report, compiled by Fact.MR, provides in-depth analysis of the global landfill gas market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.
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The scope of the Fact.MR’s report is to analyze the global landfill gas market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers. Landfill gas producers, suppliers, and stakeholders in the global industry can benefit from the analysis offered in this report.
3 Key Insights from the Report
- With respect to region, the global landfill gas market growth is influenced by the adoption of landfill gas across North America, Europe and Asia Pacific excluding Japan (APEJ). The North America landfill gas market is expected to reflect high market attractiveness and is the largest with a high market valuation. Moreover, Europe is poised to retain its second place and is the second largest region in the landfill gas market. APEJ landfill gas market is projected to rise at the highest value CAGR throughout the forecast period
- China is the most lucrative regional market in APEJ that has extensively contributed to the growth of the landfill gas market in APEJ region. This growth can be attributed towards favorable government initiatives for environmental protection of harmful emissions as well as increasing direct use projects in China. In addition, India and Australia are also significant contributors to the growth of the landfill gas market in APEJ
- Upgraded segment by application category is poised to grow at a noteworthy pace in the coming years. The upgraded segment is expected to register a steady CAGR of 5.0% in terms of value throughout the period of forecast, 2017-2026. However, direct use segment is the most attractive and is anticipated to cement its dominance in the global landfill gas market during the forecast period
Direct Use Application Segment to Gain High Market Share During the Period of Assessment
Direct use is typically used to substitute the nonrenewable sources, for instance, natural gas, oil and coal. The application of landfill gas as a renewable source of energy for direct use in dryers, boilers and other uses reduce emissions of methane thus protecting the environment. Owing to this fact, the direct use segment has gained high traction in the recent years. This segment is expected to lead the global market with a high market valuation and market share by the end of the year of assessment.
Competition Tracking
Leading producers of landfill gas have been profiled in this report, which include Shanghai Chengtou Holding Co., Ltd., Vectren Corporation, Granite Acquisition, Inc., Aria Energy Corp, Kohler Co., Inc., SUEZ SA Pennon Group Plc., Veolia Environment S.A, Covanta Holding Corporation, and Waste Management, Inc. These companies are pegged to remain active in expansion of the global landfill gas market through 2026. Municipal solid waste will be viewed lucrative for production of landfill gas. Nevertheless, ecological imprint of methane and other greenhouse gases present in landfill gas will continue to challenge market players in extending their production capabilities.
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