Landfill Gas Market Size, Share & Trends Analysis Report By Application, By Region, And Segment Forecasts, 2023 To 2030

Landfill gas is a byproduct of different gases. Landfill gas (LFG) comprises approximately 50% carbon dioxide (CO2), 50% methane, and non-methane organic compounds in a small amount. Increasing environmental awareness has positively affected the development of these gases worldwide. LFG reduces methane emissions and is utilized in power generation as well.Increasing demand for clean energy is expected to positively affect the LFG market over the forecast period.

Increasing demand form the commercial and industrial sectors is expected drive the demand for LFG gases over the forecast period. LFG’s calorific value can be increased rapidly by reducing the content of nitrogen, oxygen, and carbon dioxide and after certain treatment it can be utilized in commercial and industrial sectors. In addition, it reduces greenhouse emissions and reduces air pollution thereby providing health benefits.

LFG after a few treatments can be converted into renewable natural gas (RNG) by reducing the content of nitrogen, carbon dioxide, and oxygen and can be utilized in place of liquefied natural gas, fossil natural gas, or compressed natural gas (CNG). Increasing diesel and petrol prices offer opportunities for LFG as they can be utilized in the CNG vehicles without any modifications to the fuel system of engine. These factors provide lucrative opportunities for LFG over the forecast period.

The landfill gas market is segmented into application type. The application type segment is further categorized into heating, combine heat & power, internal combustion & reciprocating engines, gas turbines, electricity generation, and others.

Some of the key players operating in the market include Veolia, Covanta Holding Corporation, Pennon Group, SUEZ SA, Aria Energy Corp, EDL, Biffa, Kohler Co., Shanghai Chengtou Holding Co., Ltd, AFCO Energy Inc. Landfill Systems Ltd., Vectren Corporation, and others. Prominent players involved in the marketplace are continuously focusing on business expansion activities through collaborations and partnerships across the value chain. For instance, in March 2022, Capstone Green Energy Corporation a major Energy-as-a-Service (EaaS) solutions provider and a key player in carbon reduction announced that its supplier for New England, Midwest, and Eastern Canada Vergent Power Solutions secured a deal to supply one-megawatt microturbine system which will be installed in a landfill gas to energy project for a solid waste facility situated in New England. This waste to energy project is expected to generate electricity by converting the gas generated from waste and further this electricity will be supplied to the municipal facilities for utiization. This project is to be commenced in Q1 of 2023.