Germany Bio-lng Market Size & Outlook, 2023-2030
Germany bio-lng market, 2018-2030 (US$M)
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Germany bio-lng market highlights
- The Germany bio-lng market generated a revenue of USD 204.1 million in 2023 and is expected to reach USD 1,738.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 35.8% 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 204.1 million |
| Market revenue in 2030 | USD 1,738.9 million |
| Growth rate | 35.8% (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, Germany accounted for 14.8% 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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Germany 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 39.15% in 2023. Horizon Databook has segmented the Germany 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.
Germany is a leading player in the bio LNG market, driven by its strong commitment to renewable energy and decarbonization. The country has implemented a range of supportive policies and incentives to promote the use of bio LNG in the transportation sector.
One key policy is the Renewable Energy Sources Act, which provides feed-in tariffs for renewable energy sources, including bio LNG. Germany's well-developed infrastructure and industrial base offer a conducive environment for the growth of the bio LNG market.
The increasing demand for low-carbon fuels, especially in the heavy-duty transport sector, creates opportunities for bio LNG producers and suppliers to expand their operations in Germany.
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Our clientele includes a mix of bio-lng market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into Germany bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany bio-lng market size, by source type, 2018-2030 (US$M)
Germany Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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