Brazil Bio-lng Market Size & Outlook, 2023-2030
Brazil bio-lng market, 2018-2030 (US$M)
Related Markets
Brazil bio-lng market highlights
- The Brazil bio-lng market generated a revenue of USD 63.8 million in 2023 and is expected to reach USD 1,158.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 51.3% from 2024 to 2030.
- In terms of segment, municipal 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 63.8 million |
| Market revenue in 2030 | USD 1,158.1 million |
| Growth rate | 51.3% (CAGR from 2023 to 2030) |
| Largest segment | Municipal 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, Brazil accounted for 4.6% 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 Latin America, Brazil bio-lng market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 573.8 million by 2030.
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Bio-LNG Market Scope
Bio-LNG Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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.
Municipal waste was the largest segment with a revenue share of 42.01% in 2023. Horizon Databook has segmented the Brazil 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 bio-LNG market in Brazil is expected to witness significant growth and development due to the country's abundant agricultural resources, commitment to renewable energy, and increasing focus on reducing greenhouse gas emissions.
Brazil is known for its large agricultural sector, which generates substantial amount of organic waste, including crop residues, animal manure, and agro-industrial byproducts. This abundant feedstock provides a solid foundation for the production.
Brazil has a long-standing experience and expertise in the bioenergy sector, particularly with the production and use of biofuels such as ethanol. The infrastructure and know-how of the biofuels industry can be used to support the development of the bio-LNG market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into Brazil bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil bio-lng market size, by source type, 2018-2030 (US$M)
Brazil Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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