Italy Bio-lng Market Size & Outlook, 2023-2030
Italy bio-lng market, 2018-2030 (US$M)
Related Markets
Italy bio-lng market highlights
- The Italy bio-lng market generated a revenue of USD 27.0 million in 2023 and is expected to reach USD 205.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 33.7% 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 27.0 million |
| Market revenue in 2030 | USD 205.5 million |
| Growth rate | 33.7% (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, Italy accounted for 2.0% 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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Italy 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 37.04% in 2023. Horizon Databook has segmented the Italy 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.
Italy is actively embracing bio LNG as a sustainable and low-carbon fuel solution. The Italian government has implemented a range of policies and incentives to support the adoption of biofuels, including bio LNG, in the transportation sector.
The country has a strong natural gas infrastructure, which facilitates the production, distribution, and utilization of bio LNG. Italy's well-developed logistics network and strategic geographical location further contributes to the growth of the bio LNG market.
With an increasing demand for cleaner transportation fuels and Italy's commitment to decarbonization, the bio LNG sector presents significant opportunities for market players to expand their presence and contribute to Italy's sustainable energy goals
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into Italy bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy bio-lng market size, by source type, 2018-2030 (US$M)
Italy Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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