Market revenue in 2023 | USD 51.3 million |
Market revenue in 2030 | USD 1,975.9 million |
Growth rate | 68.5% (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 |
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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 39.18% in 2023. Horizon Databook has segmented the China 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.
China has emerged as one of the largest bio-LNG markets owing to the increase in its gas power capacity due to the rise in environmental concerns regarding coal-based power plants. China has been heavily dependent on coal; however, coal consumption in this region witnessed a declining trend from 2013 to 2016 as the country committed its stance to steering the fight against global warming and carbon emissions.
Horizon Databook provides a detailed overview of country-level data and insights on the China bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into China bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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