The factors like rapid increase in the waste management initiatives across the world and the increasing use of the landfill gases in the production of electricity are behind the growth of landfill gas market over the forecast period. The growing demand for the energy along with the decrease in the cost of the energy is also expected to improve the growth of the landfill gas market in the future.
New York, December 2021: Axiom Market Research & Consulting™ added a report on landfill gas market which includes study on application and geography. The landfill gas market was projected to grow at a CAGR of 7.37% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) volume (KT) generated by the landfill gas Market.
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The report analyses the global landfill gas market based on the application and geography. The application of the landfill gas market includes electricity (Internal Combustion & Reciprocating Engines, Gas Turbines, Micro Turbines), combined heat and power, direct use (boilers, direct thermal & lachate evaporation, others), and alternate fuels (pipeline fuels, vehicle fuels). The geography segment of the landfill gas market is studied across the regions like North America, Asia Pacific, Europe, and Rest of the World.
The key players in the landfill gas market are Waste Management, Inc., Covanta Holding Corporation, Environment S.A., Veolia, Pennon Group Plc, Suez SA, Aria Energy Corp., Kohler Co., Granite Acquisition, Inc, Shanghai Chengtou Holding Co., Ltd and Vectren Corporation among others.
Regional Trends of Landfill Gas Market
Based on the geography, the landfill gas market includes the regions such as North America, Europe, Asia Pacific, and Rest of the World. The region of North America had the highest market share, and it is also estimated to dominate the landfill gas market during the forecast period. The factors like increase in the use of the landfill gases in the different applications like generation of electricity and renewable energy gas is contributing to the growth of the landfill gas market. Additionally, the increasing use of landfill gas in boiler, kiln, dryer, greenhouse, or thermal application is also propelling the growth of the global landfill gas market.
Landfill Gas Market Segmentation Highlights
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Research Objectives of Landfill Gas Market Report:
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