PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719970
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719970
The landfill gas market size is expected to reach USD 6,908.14 million by 2034, according to a new study by Polaris Market Research. The report "Landfill Gas Market Size, Share, Trends, Industry Analysis Report: By Type (Methane, Carbon Dioxide, and Trace Gases), Technology, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Landfill gas is a mixture of gases, primarily methane, and carbon dioxide, produced by the decomposition of organic waste in landfills.
Technological advancements in gas collection are driving the landfill gas market growth. New and more efficient technologies allow for better detection, capture, and conversion of landfill gas, making the process more cost-effective and reliable. These improvements help recover a greater amount of methane, which is used for energy production. As a result, landfill operators reduce greenhouse gas emissions while generating renewable energy, benefiting both the environment and the economy. These ongoing innovations in gas collection techniques are driving market growth.
Government incentives and subsidies play a significant role in driving the landfill gas market expansion. Many governments around the world offer financial support to encourage businesses and waste management companies to capture and use landfill gas as a renewable energy source. These incentives, such as tax breaks, grants, or subsidies, help offset the cost of installing gas collection systems or developing projects that convert methane into electricity or heat. Financial support makes these projects more affordable, encouraging companies to adopt landfill gas recovery technologies. These policies also help meet environmental goals by reducing harmful methane emissions and promoting cleaner energy. Government incentives remain essential for expanding the market, supporting the transition to more sustainable waste management practices, and reducing the environmental impact of landfills.
In 2024, the electricity generation within the application segment dominated the market as many governments and organizations are focusing on cleaner energy alternatives.
The methane segment is expected to witness the fastest growth during the forecast period as it is a primary component of landfill gas.
In 2024, North America dominated the landfill gas market due to strong government support for renewable energy initiatives and waste-to-energy projects.
Asia Pacific is expected to record a significant market share during the forecast period due to rapid urbanization and increasing waste generation
The global key market players are Reworld Waste, LLC.; SUEZ; Infinis Energy; Vectren Corporation; Shanghai Chengtou Holding.; Pennon Group; Aria Energy Corporation; Veolia; Ameresco; Republic Services; Biffa Group; EDL; General Electric; CLP Envirogas; Advanced Disposal; WM Intellectual Property Holdings, L.L.C.; Progressive Waste Solution; and Waste Connection.
Polaris market research has segmented the landfill gas market report based on type, technology, application, and region:
By Type (Revenue - USD Million, 2020-2034)
By Technology (Revenue - USD Million, 2020-2034)
By Application (Revenue - USD Million, 2020-2034)