France Bio-lng Market Size & Outlook, 2023-2030
France bio-lng market, 2018-2030 (US$M)
Related Markets
France bio-lng market highlights
- The France bio-lng market generated a revenue of USD 260.8 million in 2023 and is expected to reach USD 2,135.8 million by 2030.
- The France market is expected to grow at a CAGR of 35% 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 260.8 million |
| Market revenue in 2030 | USD 2,135.8 million |
| Growth rate | 35% (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, France accounted for 19.0% 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 Europe, France bio-lng market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 81.1 million by 2030.
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Bio-LNG Market Scope
Bio-LNG Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 43.83% in 2023. Horizon Databook has segmented the France 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 French government has implemented regulations and incentives to support the integration of biofuels, including bio LNG, into the fuel mix. The Biofuel Quota Law, for example, mandates fuel suppliers to include a certain percentage of biofuels in their products.
France benefits from a robust natural gas infrastructure, an extensive agricultural sector, and a strong focus on sustainable practices. These factors create a favorable environment for the growth of the bio LNG market in France.
The demand for bio LNG is expected to increase owing to an increasing emphasis on reducing carbon emissions. The presence of strong domestic players such as Engie and TotalEnergies is further promoting the growth of bio LNG in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the France bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into France bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France bio-lng market size, by source type, 2018-2030 (US$M)
France Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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