Latin America Bio-lng Market Size & Outlook, 2023-2030
Latin America bio-lng market, 2018-2030 (US$M)
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Latin America bio-lng market highlights
- The Latin America bio-lng market generated a revenue of USD 126.6 million in 2023.
- The market is expected to grow at a CAGR of 50.9% 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.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 126.6 million |
| Market revenue in 2030 | USD 2,260.6 million |
| Growth rate | 50.9% (CAGR from 2023 to 2030) |
| Largest segment | Organic household waste |
| Fastest growing segment | Organic Industrial Waste |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 9.2% of the global bio-lng market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,355.2 million by 2030.
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Bio-LNG Market Scope
Bio-LNG Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 37.6% in 2023. Horizon Databook has segmented the Latin America 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 bio-LNG market in Central and South America is gradually gaining traction as the region focuses on sustainable and renewable energy solutions. The abundant availability of organic waste resources, coupled with increasing environmental concerns, presents significant opportunities for the development of the bio-LNG market in this region.
Central and South America have a significant agriculture sector, generating substantial amounts of organic waste such as crop residues and livestock manure. This organic waste can be effectively utilized as feedstock for bio-LNG production.
By harnessing this waste and converting it into bio-LNG, the region can achieve multiple benefits, including waste management, renewable energy generation, and reduction of greenhouse gas emissions.
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Target buyers of Latin America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bio-lng market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America bio-lng market size, by country, 2018-2030 (US$M)
Latin America Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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