Which Application of Landfill Gas is Boosting Market Growth

Demand for alternative power sources has become more prominent since the past decade, raising the market value for landfill gas substantially. Growing adoption and comprehensive usage of renewable power sources such as solar energy will have significant contribution in raising the revenue of landfill gas suppliers.

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The latest edition of the landfill gas market study by Fact.MR talks about new trends, growth & restraining factors, and impact of COVID-19, while emphasizing on potential regions such as North America, Europe, and Asia Pacific. As per the report, the global landfill gas market is projected to ascend at over 5% CAGR through 2031.

Key Takeaways from Study

• Application in direct and upgraded usages to fuel sales

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• Germany remains at the forefront of the world’s largest landfill gas industry – Europe
• The United States to lead North America for landfill gas demand
• China to dominate in the world’s fastest-growing landfill gas industry – Asia Pacific
• The United Kingdom, Canada, India, Japan, and a few other countries to remain lucrative markets

Highly Beneficial Properties of Landfill Gas Propelling Demand

As natural gas has gained traction over the past decade, landfill gas suppliers have come across higher demand from around the globe.

Some of the driving factors bolstering the sales of landfill gas are-

• Modern landfill gas is eco-friendly
• Highly helpful in segregating hazardous waste
• Cost-effective
• Helps in keeping the environment clean
• Landfills support local business and jobs

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According to a report titled “Landfill Methane Outreach Program”, published by the United States Environmental Protection Agency (EPA) on 4^th May 2020, there are several benefits of landfill gas energy projects, such as-

• Reduce greenhouse gas emissions
• Reduce air pollution by offsetting the use of non-renewable resources
• Create health and safety benefits
• Beneficial for the community and economy
• Reduce environmental compliance costs

These signify the high requirement for landfill gas, which is subject to spur the growth of players in this industry over the coming years.

Who is Winning in this Space?

The global landfill gas industry is highly progressive, and the competition in this field is getting even tougher with each passing year. In order to capitalize on the new opportunities, key players are focusing on launching better quality products more frequently.

For instance,

• Waste Management, Inc. launched its New Redwood LFGTE Plant in order to covert trash to power, a couple of years back.
• SUEZ SA recently launched an additional 12 wells to extract landfill gas from the current cell being filled, while 35,700 sqm of high-density polyethylene has been ordered to cover the north side of the current cell.

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