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(IT-NEWSWIRE.COM, December 05, 2018 ) According to Fact.MR, the global landfill gas market is expected to expand at a moderate CAGR with respect to value during the period of forecast, 2017-2026. Increasing demand for methane will continue to drive the production of landfill gas in the foreseeable future. The report estimates that by the end of 2026, landfill gas market would reach an estimate of over US$ 1 Bn. Effectiveness of landfill gas in supplanting natural gas across wide range of applications will further boost the expansion of global landfill gas market through 2026.
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Increasing demand for alternative energy sources has prompted the use of landfills containing biodegradable materials in production of combustible gases. A mixture of these gases, which is collectively identified as landfill gas, is used as a key source of supplying hydrocarbons in production of heat and other forms of energy. Governments from several parts of the world are adopting measures towards natural anaerobic decomposition of the collected organic waste in landfills. As a result of activities instrumented by microorganisms, a mixture of different gases being drawn from these landfills is finding an ideal replacement to fossil fuel components of natural gas. High in methane, the utilization of landfill gas continues to gain traction in domestic applications such as supplying power to homes in the form of natural gas. Easy procurement of landfill gas and low capital expenditure in production continues to relieve the stress on solar energy as the most exploited renewable energy resource.
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
North America Region to Largely Contribute to the Growth of the Global Landfill Gas Market
Landfill gas market in North America is estimated to grow at a significant pace during the period of forecast. According to this analytical research report, the landfill gas market in North America is estimated to touch a valuation of more than US$ 460 Mn by the end of the year of assessment from a value of about US$ 300 Mn in 2017. The North America landfill gas market is projected to grow at a moderate CAGR throughout the period of assessment.
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Asia Pacific Excluding Japan (APEJ) to Spearhead the Global Market’s Growth in the Coming Years
The landfill gas market in Asia Pacific excluding Japan region is expected to grow at a relatively high rate in the coming years. The increasing government directive towards reduction in carbon emissions along with emergence of integrated cogeneration technologies are expected to foster the growth of the landfill gas market in this region. China followed by India are major contributors of growth fuelling the rate of adoption of landfill gas in the APEJ region. Australia and Malaysia are also expected to contribute to the market’s growth.
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.
Table of Content:
Global Economic Outlook
Global Landfill Gas Market - Executive Summary
Global Landfill Gas Market Overview
3.1. Introduction
3.1.1. Global Landfill Gas Market Taxonomy
3.1.2. Global Landfill Gas Market Definition
3.2. Global Landfill Gas Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Landfill Gas Market Y-o-Y Growth
3.3. Global Landfill Gas Market Dynamics
3.4. Value Chain
3.5. Waste generation Comparison In Developed & Developing Countries
3.6. Per Capita Waste Generation by Key Countries
3.7. MSW Composition by Country Clusters
3.8. Waste Disposal Techniques
3.9. Operational Landfill Gas Project Concentration
3.10. WTE Business Outlook by Region
3.11. Investment Feasibility Matrix
3.12. PESTLE Analysis
3.13. SWOT Analysis
3.14. Life Cycle Assessment
3.15. Global Landfill Gas Market: Scenario Forecast
3.16. Key Participants Market Presence (Intensity Map) By Region
Global Landfill Gas Market Analysis and Forecast 2012-2026
4.1. Global Landfill Gas Market Size and Forecast By, Application 2012-2026
4.1.1. Direct Use Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Upgraded Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Others Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
North America Landfill Gas Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Chemical & Material Market Outlook
5.3. North America Landfill Gas Market Outlook
5.4. Revenue (US$ Mn) Comparison, By Country
Continued………………..
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