The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Landfill Gas Capture And Utilization Global Market Report 2024 offers crucial insights into the landfill gas capture and utilization market help businesses analyse and build stronger strategies.

Market Growth and Trends

• Current Market Size: The landfill gas capture and utilization market has seen robust growth, increasing from $2.77 billion in 2023 to an anticipated $2.99 billion in 2024, at a CAGR of 8.0%.
• Historic Growth Drivers:
  • Increased environmental awareness.
  • Rise in regulatory pressure.
  • Growth in demand for renewable energy.
  • Increased landfill gas emissions.
  • Rise in energy costs.
• Future Projections: The market is expected to grow to $4.08 billion by 2028, with a CAGR of 8.1%.

Factors Driving Future Growth

• Waste Generation: Increasing waste generation rates are propelling market expansion.
• Public Awareness: Growing public awareness about environmental sustainability.
• Industry Collaboration: Increasing collaboration across industries.
• Energy Demand: Rising energy demand coupled with urbanization.
• Technological Advancements: Innovations such as renewable natural gas (RNG) and microbial fuel cells.

Read The Full Landfill Gas Capture And Utilization Market Report Here:
https://www.thebusinessresearchcompany.com/report/landfill-gas-capture-and-utilization-global-market-report

Renewable Energy Revolution

• Rising Demand: The demand for renewable energy is a key driver, with environmental awareness and policy support boosting growth.
• Landfill Gas Utilization: Harnessing methane from decomposing organic waste to meet renewable energy needs.
• Record Highs: In December 2023, renewable electricity generation in the UK reached 39.9 terawatt-hours, marking a 4.9% increase compared to 2022.

Key Players in the Market

• Major companies include:
  • BP PLC
  • Republic Services Inc.
  • CenterPoint Energy Inc.
  • Waste Connections Inc.
  • Clean Harbors Inc.
  • GFL Environmental Inc.
  • Covanta Holding Corporation
  • Progressive Waste Solutions Ltd.
  • Ameresco Inc.
  • Advanced Disposal Services Inc.
  • Montauk Renewables
  • QED Environmental Systems Inc.
  • Walker Energy Services

Impact on Greenhouse Gas Emissions and Sustainable Waste Management

• Investment in Technology: Companies are investing in RNG facilities at landfills to maximize methane utilization and reduce emissions.
• RNG Facilities: These facilities capture and purify methane emissions into biomethane.
• Case Study: In May 2023, Vespene Energy and Viridi Energy launched a pilot project to transform landfill methane emissions into power, aiming to finance the construction of an RNG facility.

Strategic Acquisitions

• BP and Archaea Energy: In December 2022, BP PLC acquired Archaea Energy to expand its bioenergy business and support decarbonization goals. Archaea Energy specializes in converting landfill gas into RNG.

Market Segmentation

• By Product Type:
  • Landfill Gas
  • Medium-Btu
  • Renewable Natural Gas
• By Technology:
  • Gas Collection Systems
  • Gas Treatment
• By Application:
  • Electricity Generation
  • Thermal or Heat Generation
  • Fuels

Regional Insights

• North America: The largest region in 2023.
• Asia-Pacific: Expected to be the fastest-growing region during the forecast period.

The landfill gas capture and utilization market is poised for significant growth, driven by increased environmental awareness, technological advancements, and rising energy demands. As industries continue to innovate and collaborate, the potential for sustainable energy solutions from landfill gas will expand, contributing to global efforts in reducing greenhouse gas emissions and promoting renewable energy.

Get A Free Sample On The Global Landfill Gas Capture And Utilization Market Report:
https://www.thebusinessresearchcompany.com/sample_request?id=15207&type=smp

The Landfill Gas Capture And Utilization Global Market Report 2024  provides a comprehensive outlook of the landfill gas capture and utilization market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The landfill gas capture and utilization market forecast offers a thorough analysis on landfill gas capture and utilization market size, landfill gas capture and utilization market share, prominent players and their strategies.

The Table Of Content For The Landfill Gas Capture And Utilization Market Include:
1. Landfill Gas Capture And Utilization Market Executive Summary
2. Landfill Gas Capture And Utilization Market Segments
3. Landfill Gas Capture And Utilization Market Size And Landfill Gas Capture And Utilization Market Growth Rate
4. Key Landfill Gas Capture And Utilization Market Trends
5. Major Landfill Gas Capture And Utilization Market Drivers
……
25. Key Mergers And Acquisitions In The Landfill Gas Capture And Utilization Market
26. Top Landfill Gas Capture And Utilization Companies
27. Landfill Gas Capture And Utilization Market Opportunities And Strategies
28. Landfill Gas Capture And Utilization Market, Conclusions And Recommendations
29. Appendix

Explore Similar Reports From The Business Research Company:
Industrial Gas Global Market Report 2024
Oil And Gas Global Market Report 2024
Carbon Capture, Utilization, And Storage Global Market Report 2024

Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: