UAE Bio-lng Market Size & Outlook, 2024-2030
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UAE bio-lng market highlights
- The UAE bio-lng market generated a revenue of USD 49.4 million in 2023 and is expected to reach USD 171.5 million by 2030.
- The UAE market is expected to grow at a CAGR of 8.1% 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 49.4 million |
| Market revenue in 2030 | USD 171.5 million |
| Growth rate | 8.1% (CAGR from 2024 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, UAE accounted for 3.6% 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 Middle East & Africa, Saudi Arabia bio-lng market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 171.5 million by 2030.
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Bio-LNG Market Scope
Bio-LNG Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BoxLNG | View profile | 1-10 | New Delhi, Delhi, India, Asia | https://www.boxlng.com/ |
| DCC PLC | View profile | 16600 | Leopardstown Road, DCC House, Foxrock, Dublin, Ireland, D18 PK00 | https://www.dcc.ie |
| Flogas Britain | View profile | 1001-5000 | Syston, Leicester, United Kingdom, Europe | https://www.flogas.co.uk |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
UAE 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 73.89% in 2023. Horizon Databook has segmented the UAE 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 U.A.E. market for bio-LNG is projected to grow at a CAGR of 19.5% over the forecast period, due to decline in domestic natural gas supply, favorable government strategies, adoption of LNG-based power generation and transportation, and the shift toward cleaner energy.
LNG is frequently consumed for power generation in natural gas-based power plants and large petrochemical and iron and steel industries. Growing urbanization and rising industrialization are anticipated to positively provide stimulus to the U.A.E. bio-LNG market 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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Horizon Databook provides a detailed overview of country-level data and insights on the UAE bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into UAE bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE Source Type - Bio-lng Market size, 2023 - 2030 (US$M)
UAE Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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