UK Bio-lng Market Size & Outlook, 2023-2030
UK bio-lng market, 2018-2030 (US$M)
Related Markets
UK bio-lng market highlights
- The UK bio-lng market generated a revenue of USD 84.2 million in 2023 and is expected to reach USD 735.4 million by 2030.
- The UK market is expected to grow at a CAGR of 36.3% 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 84.2 million |
| Market revenue in 2030 | USD 735.4 million |
| Growth rate | 36.3% (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, UK accounted for 6.1% 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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UK 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 35.75% in 2023. Horizon Databook has segmented the UK 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 United Kingdom has witnessed significant growth in the bio LNG market, fueled by its ambitious climate targets and commitment to reducing greenhouse gas emissions. The UK government has implemented various policies and incentives to support the adoption of bio LNG as a renewable fuel.
For instance, the Renewable Transport Fuel Obligation mandates the use of renewable fuels in the transportation sector, creating a market for bio LNG. The country's well-established natural gas network and infrastructure provide a solid foundation for the production, distribution, and utilization of bio LNG.
With a growing demand for low-carbon alternatives, the bio LNG market in the UK offers lucrative opportunities for industry players.
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Target buyers of UK 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 UK bio-lng market , including forecasts for subscribers. This country databook contains high-level insights into UK bio-lng market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK bio-lng market size, by source type, 2018-2030 (US$M)
UK Bio-LNG Market Outlook Share, 2023 & 2030 (US$M)
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