Japan Bio-lng Market Size & Outlook, 2023-2030
Japan bio-lng market, 2018-2030 (US$M)
Related Markets
Japan bio-lng market highlights
- The Japan bio-lng market generated a revenue of USD 9.3 million in 2023 and is expected to reach USD 419.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 72.2% 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 9.3 million |
| Market revenue in 2030 | USD 419.0 million |
| Growth rate | 72.2% (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, Japan accounted for 0.7% 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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Japan 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 40.86% in 2023. Horizon Databook has segmented the Japan 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.
Japan is the world's largest natural gas importer and ranks in the top four countries for the highest coal imports and consumption of crude oil and petroleum products Because of its limited natural gas resources, Japan largely relies on imports to meet nearly all of its natural gas needs.
The Japanese bioLNG market is currently saturated and generally comfortable with having obtained the LNG volume it requires, due to environmental concerns, the Japanese government has encouraged natural gas consumption over the past several decades.
The government chose LNG as its primary fuel for power generation to substitute for the lost nuclear power generation immediately following the Fukushima nuclear accident. Current government’s carbon abatement policies and its focus on lowering greenhouse gas emissions by 26% by 2030.
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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 Japan bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into Japan bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan bio-lng market size, by source type, 2018-2030 (US$M)
Japan Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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