Landfill Gas Market Global Outlook, Research, Trends & Forecast by Fact MR

The global landfill gas market is projected to grow from US$ 1.3 billion in fiscal year 2021 to US$ 1.4 billion in 2022. Over the forecast period from 2022 to 2032, the market is expected to expand at a CAGR of 8.3%, reaching US$ 3.1 billion by 2032.

The landfill gas market plays a crucial role in the global energy landscape by converting waste into a valuable energy source. Landfill gas (LFG) is a natural byproduct of the decomposition of organic waste in landfills, primarily composed of methane and carbon dioxide. With rising concerns over greenhouse gas emissions and the need for sustainable energy solutions, landfill gas has emerged as an essential component of the renewable energy sector. Many countries have implemented policies to harness LFG for power generation, reducing environmental impact while promoting energy diversification. The market is expanding as industries and governments seek alternative energy sources that align with global sustainability goals.

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Market Outlook

The outlook for the landfill gas market remains optimistic, driven by increasing environmental awareness and government initiatives to reduce carbon emissions. Countries worldwide are adopting landfill gas recovery projects to comply with stringent emission regulations and support clean energy initiatives. Technological advancements in gas collection, purification, and utilization are improving the efficiency of LFG projects, making them more viable for commercial applications. The transition toward circular economies, where waste is repurposed into energy, further strengthens the demand for landfill gas solutions. As the energy sector moves toward greener alternatives, the landfill gas market is expected to witness steady growth in the coming years.

Market Demand

The demand for landfill gas is rising due to its potential as a renewable energy source and its role in reducing methane emissions from waste disposal sites. Methane, a potent greenhouse gas, has a significantly higher warming potential than carbon dioxide, making its capture and utilization crucial for mitigating climate change. Landfill gas is increasingly being used for electricity generation, industrial heating, and as a fuel for vehicles. The demand is also being driven by industries looking for cost-effective and sustainable energy solutions. With governments incentivizing renewable energy projects and carbon credit programs, the adoption of LFG is expected to grow across multiple sectors.

List of Key Companies Profiled in The Report

• Waste Management, Inc.
• Covanta Holding Corporation
• Veolia Environment S.A.
• Pennon Group Plc.
• SUEZ SA
• Kohler Co., Inc.
• Aria Energy Corp
• Others

Recent Industry News

Recent industry developments highlight the growing momentum of the landfill gas market. Many companies are investing in landfill gas recovery projects to meet sustainability targets and energy needs. Government agencies are launching initiatives to expand landfill gas utilization, with several countries announcing new policies to support biogas and renewable energy production. Advancements in gas purification technology have improved the quality of landfill gas, allowing it to be used in a broader range of applications. Additionally, partnerships between waste management companies and energy firms are fostering the development of integrated waste-to-energy solutions. These industry trends indicate a strong future for landfill gas as a key player in the renewable energy transition.

Notable Developments

The landfill gas market has witnessed several notable developments in recent years. Innovations in gas extraction and treatment technologies have led to improved efficiency and sustainability of landfill gas projects. Governments are increasingly providing subsidies and tax incentives to encourage investment in LFG-based energy solutions. Large-scale energy companies are incorporating landfill gas into their renewable energy portfolios, recognizing its potential in achieving carbon neutrality goals. Additionally, advancements in methane capture techniques are helping industries meet stringent environmental regulations while improving energy security. The expansion of landfill gas projects in developing regions signals strong future growth opportunities, reinforcing the market's role in the global clean energy landscape.

Competitive Landscape

The global landfill gas industry is evolving rapidly, leading to intensified competition among key players. To maintain their market positions, companies are expanding their product offerings, developing innovative solutions, and adopting strategic initiatives for further growth.

In 2022, Covanta, in collaboration with EQT Infrastructure, announced plans to separate its European operations from Covanta Holding Corporation, establishing a standalone waste-to-energy infrastructure in Europe. With three operational facilities and three more under development in Ireland, the United Kingdom, and Italy, Covanta’s European infrastructure is a market leader in owning and managing Energy-from-Waste facilities. The separation of Covanta and Covanta Europe marks a significant step in unlocking substantial growth potential and generating additional value. This restructuring will allow management to leverage their regional expertise, experience, and operational capabilities to strengthen their position as leading sustainable waste and materials handling service providers in their respective markets.

Amid rising energy market tensions in 2022, Veolia announced an ambitious plan to achieve energy self-sufficiency for its waste and water services in France within five years. The company aims to generate 2 TWh (terawatt-hours) of locally produced renewable energy, covering the equivalent of its entire current energy demand—comparable to the consumption of 430,000 French households. This initiative aligns with Veolia’s broader strategy, launched in March 2022, to reduce power consumption by 5% and increase energy production by 5% within two years, ultimately achieving a 10% impact.