Middle East & Africa Bio-lng Market Size & Outlook
Middle East & Africa bio-lng market, 2018-2030 (US$M)
Related Markets
MEA bio-lng market highlights
- The MEA bio-lng market generated a revenue of USD 144.5 million in 2023.
- The market is expected to grow at a CAGR of 19.6% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 144.5 million |
| Market revenue in 2030 | USD 506.5 million |
| Growth rate | 19.6% (CAGR from 2023 to 2030) |
| Largest segment | Municipal 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, MEA region accounted for 10.5% 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 |
|---|
Middle East & Africa 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 35.71% in 2023. Horizon Databook has segmented the Middle East & Africa 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 Middle East & Africa bio-LNG market energy consumption in the region is growing at a significant rate. Bio-LNG is considered one of the cleanest fuels. Various governments are seeking cost-effective ways to reduce their country’s reliance on fossil fuels. These factors are anticipated to boost the bio-LNG market in the region over the forecast period.
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Our clientele includes a mix of bio-lng market companies, investment firms, advisory firms & academic institutions.
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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 Middle East & Africa bio-lng market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA bio-lng market size, by country, 2018-2030 (US$M)
Middle East & Africa Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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