India Bio-lng Market Size & Outlook, 2023-2030
India bio-lng market, 2018-2030 (US$M)
Related Markets
India bio-lng market highlights
- The India bio-lng market generated a revenue of USD 8.7 million in 2023 and is expected to reach USD 464.7 million by 2030.
- The India market is expected to grow at a CAGR of 76.4% 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 8.7 million |
| Market revenue in 2030 | USD 464.7 million |
| Growth rate | 76.4% (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, India accounted for 0.6% 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 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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India 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 35.63% in 2023. Horizon Databook has segmented the India 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.
India is currently a coal-based economy and the trend is expected to continue till 2030. India’s natural gas imports are primarily targeted for industrial operations and domestic purposes. The country’s share of bio-LNG production is low in comparison to the share of its counterparts in the Asian region.
In November 2021, the Government of India announced its target to achieve carbon neutrality by 2070 with a five-year action plan to reduce carbon emissions to 50% by 2030. Various initiatives by the government to reduce greenhouse gas emission caused due to coal-based power generation.
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Target buyers of India bio-lng market databook
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into India bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India bio-lng market size, by source type, 2018-2030 (US$M)
India Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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