The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Upgraded Landfill Gas market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Upgraded Landfill Gas
The report offers actionable and valuable market insights of Upgraded Landfill Gas. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Upgraded Landfill Gas Market across various industries and regions.
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This newly published and insightful report sheds light on Market Insights of Upgraded Landfill Gas, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Upgraded Landfill Gas Market.
Increasing demand for alternative energy sources has prompted the use of landfills containing biodegradable materials in production of combustible gases. A mixture of these gases, which is collectively identified as landfill gas, is used as a key source of supplying hydrocarbons in production of heat and other forms of energy. Governments from several parts of the world are adopting measures towards natural anaerobic decomposition of the collected organic waste in landfills.
As a result of activities instrumented by microorganisms, a mixture of different gases being drawn from these landfills is finding an ideal replacement to fossil fuel components of natural gas. High in methane, the utilization of landfill gas continues to gain traction in domestic applications such as supplying power to homes in the form of natural gas. Easy procurement of landfill gas and low capital expenditure in production continues to relieve the stress on solar energy as the most exploited renewable energy resource.
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According to Fact.MR, the global landfill gas market is expected to expand at a moderate CAGR with respect to value during the period of forecast, 2017-2026. Increasing demand for methane will continue to drive the production of landfill gas in the foreseeable future. The report estimates that by the end of 2026, landfill gas market would reach an estimate of over US$ 1 Bn. Effectiveness of landfill gas in supplanting natural gas across wide range of applications will further boost the expansion of global landfill gas market through 2026.
3 Key Insights from the Report
- With respect to region, the global landfill gas market growth is influenced by the adoption of landfill gas across North America, Europe and Asia Pacific excluding Japan (APEJ). The North America landfill gas market is expected to reflect high market attractiveness and is the largest with a high market valuation. Moreover, Europe is poised to retain its second place and is the second largest region in the landfill gas market. APEJ landfill gas market is projected to rise at the highest value CAGR throughout the forecast period
- China is the most lucrative regional market in APEJ that has extensively contributed to the growth of the landfill gas market in APEJ region. This growth can be attributed towards favorable government initiatives for environmental protection of harmful emissions as well as increasing direct use projects in China. In addition, India and Australia are also significant contributors to the growth of the landfill gas market in APEJ
- Upgraded segment by application category is poised to grow at a noteworthy pace in the coming years. The upgraded segment is expected to register a steady CAGR of 5.0% in terms of value throughout the period of forecast, 2017-2026. However, direct use segment is the most attractive and is anticipated to cement its dominance in the global landfill gas market during the forecast period
The report has identified the leading producers of landfill gas in the global market. These include, Waste Management, Inc., Covanta Holding Corporation, Veolia Environment S.A, Pennon Group Plc., SUEZ SA, Kohler Co., Inc., Aria Energy Corp, Granite Acquisition, Inc., Vectren Corporation, and Shanghai Chengtou Holding Co., Ltd. Majority of the landfill gas produced in the world will be procured from municipal solid waste. However, players in the global landfill gas market will continue to remain in distress for flouting environmental laws that curb the production of greenhouse gases such as methane, which are a key component of landfill gasses.
Segmentation by Category
- Direct Use
- North America
- Latin America
- Middle East and Africa (MEA)
- East Asia
- South Asia
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the market during the forecast period.
Country-specific valuation on demand for landfill gas has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value for emerging countries has also been included in the report.
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More Valuable Insights on Upgraded Landfill Gas Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Upgraded Landfill Gas, Sales and Demand of Upgraded Landfill Gas, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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