Australia Bio-lng Market Size & Outlook, 2023-2030
Australia bio-lng market, 2018-2030 (US$M)
Related Markets
Australia bio-lng market highlights
- The Australia bio-lng market generated a revenue of USD 9.3 million in 2023 and is expected to reach USD 421.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 72.4% from 2024 to 2030.
- In terms of segment, organic household waste was the largest revenue generating source type in 2023.
- Organic Industrial Waste is the most lucrative source type segment registering the fastest growth during the forecast period.
Bio-lng market data book summary
| Market revenue in 2023 | USD 9.3 million |
| Market revenue in 2030 | USD 421.1 million |
| Growth rate | 72.4% (CAGR from 2023 to 2030) |
| Largest segment | Organic household waste |
| Fastest growing segment | Organic Industrial Waste |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic Household Waste, Organic Industrial Waste, Municipal Waste |
| Key market players worldwide | Linde PLC, Shell PLC, TotalEnergies SE, Flogas Britain, DCC PLC, BoxLNG |
Other key industry trends
- In terms of revenue, Australia accounted for 0.7% of the global bio-lng market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bio-lng market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 464.7 million by 2030.
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Bio-LNG Market Scope
Bio-LNG Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia bio-lng market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio-lng market will help companies and investors design strategic landscapes.
Organic household waste was the largest segment with a revenue share of 51.61% in 2023. Horizon Databook has segmented the Australia bio-lng market based on organic household waste, organic industrial waste, municipal waste covering the revenue growth of each sub-segment from 2018 to 2030.
The Australian bio-LNG market is anticipated to grow at a significant rate owing to the increasing adoption and production of bio-LNG. In May 2022, Optimal Group announced the construction of Australia’s first bio-LNG production facility in Westbury, Tasmania with an investment of USD 55 million.
In May 2022, Australia’s parliament passed legislation to cut carbon emissions by 43% by 2030 and to achieve net zero by 2050. The government is expected to pass more such environment policies to tackle climate change which will boost the adoption of bio-LNG in various applications over the forecast period.
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Our clientele includes a mix of bio-lng market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into Australia bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia bio-lng market size, by source type, 2018-2030 (US$M)
Australia Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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