Spain Bio-lng Market Size & Outlook, 2023-2030
Spain bio-lng market, 2018-2030 (US$M)
Related Markets
Spain bio-lng market highlights
- The Spain bio-lng market generated a revenue of USD 8.7 million in 2023 and is expected to reach USD 81.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 37.7% 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.
Bio-lng market data book summary
| Market revenue in 2023 | USD 8.7 million |
| Market revenue in 2030 | USD 81.1 million |
| Growth rate | 37.7% (CAGR from 2023 to 2030) |
| Largest segment | Organic household 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, Spain accounted for 0.6% 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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Spain 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 39.08% in 2023. Horizon Databook has segmented the Spain 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.
Spain has been emerging as a promising market for bio LNG, driven by its efforts to transition to a low carbon economy. The Spanish government has implemented policies and regulations to encourage the use of renewable energy sources, including bio LNG, in the transportation sector.
The Renewable Energy Plan sets targets for increasing the utilization of renewable energy in various sectors, including transportation. Spain's strategic location, well-connected ports, and existing LNG infrastructure make it an ideal market for bio LNG.
The country's commitment to reducing emissions and promoting sustainable practices creates a favorable environment for the growth of the bio LNG market in Spain.
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Target buyers of Spain 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 Spain bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into Spain bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain bio-lng market size, by source type, 2018-2030 (US$M)
Spain Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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