Mexico Bio-lng Market Size & Outlook, 2023-2030
Mexico bio-lng market, 2018-2030 (US$M)
Related Markets
Mexico bio-lng market highlights
- The Mexico bio-lng market generated a revenue of USD 12.4 million in 2023 and is expected to reach USD 332.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 60% 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 12.4 million |
| Market revenue in 2030 | USD 332.1 million |
| Growth rate | 60% (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, Mexico accounted for 0.9% 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 North America, U.S. bio-lng market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 819.9 million by 2030.
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Bio-LNG Market Scope
Bio-LNG Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 41.13% in 2023. Horizon Databook has segmented the Mexico 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.
Mexico is a growing market for bio-LNG in North America, driven by supportive policies a well established transportation sector. The Mexican government has set a goal of reducing greenhouse gas emissions by 50% by 2050, which has increased focus on the adoption of low-carbon fuels in the transportation sector.
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Target buyers of Mexico 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 Mexico bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into Mexico bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico bio-lng market size, by source type, 2018-2030 (US$M)
Mexico Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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