Asia-Pacific Bio-LNG Market: Analysis and Forecast, 2023-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,950	83 Pages	BIS Research	February, 2024	BIS18574928

Best Price Guarantee
Price	from $2,950
Length	83 Pages
Publisher	BIS Research
Published Date	February, 2024
SKU	BIS18574928

Asia-Pacific Bio-LNG Market: Analysis and Forecast, 2023-2032

Introduction to Asia-Pacific Bio-LNG Market

The Asia-Pacific bio-LNG market (excluding China) was valued at $61.8 million in 2023 and is anticipated to reach $374.0 million by 2032, witnessing a CAGR of 22.1% during the forecast period 2023-2032. The bio-LNG market is anticipated to expand significantly, fueled by increasing demand in sectors such as automotive and maritime. Furthermore, the automotive industry is forecasted to adopt bio-LNG more extensively, encouraged by government policies and incentives aimed at fostering its production and usage across various regions.

Market Introduction

The Asia-Pacific (APAC) region is experiencing a notable surge in the Bio-LNG market, driven by escalating demand for cleaner fuel alternatives in sectors like automotive, maritime, and industrial applications. Government initiatives promoting renewable energy sources and environmental sustainability further bolster this growth. Investments in infrastructure for Bio-LNG production and distribution are on the rise across APAC countries, facilitating market expansion. Moreover, technological advancements in biofuel production processes contribute to the market's momentum. With increasing concerns about carbon emissions and climate change, Bio-LNG emerges as a promising solution, offering reduced greenhouse gas emissions compared to conventional fuels. The APAC Bio-LNG market is poised for significant growth as industries and policymakers increasingly prioritize sustainable energy options to meet both economic and environmental objectives.

Market Segmentation:

Segmentation 1: by Application

Automotive
Ships
Others

Segmentation 2: by Source

Agriculture Residues
Industrial Waste
Household Waste
Others

Segmentation 3: by Country

Japan
India
South Korea
Australia
Rest-of-Asia-Pacific and Japan

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader to understand the different sources involved in producing bio-LNG. Moreover, the study provides the reader with a detailed understanding of the APAC bio-LNG market based on the application (automotive, ships, and others). Bio-LNG is gaining traction in different applications on the back of sustainability concerns and less nitrogen oxide emissions. They are also being used for controlling greenhouse gas (GHG) emissions.

Growth/Marketing Strategy: The APAC bio-LNG market has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favored strategy for the companies has been product developments, business expansions, and acquisitions to strengthen their position in the APAC bio-LNG market.

Competitive Strategy: Key players in the APAC bio-LNG market analyzed and profiled in the study involve bio-LNG manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the APAC bio-LNG market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.

Some prominent names established in this market are:

BoxLNG Pvt. Ltd
Air Water Inc

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Executive Summary: Scope of the Study
1 Markets: 1.1 Industry Outlook; 1.1.1 Trends: Current and Future; 1.1.1.1 Favorable Government Policies Supporting Bio-LNG Production; 1.1.1.2 Rise in Fossil Fuel-Based Alternative Price; 1.1.2 Supply Chain Analysis; 1.1.3 Ecosystem/Ongoing Programs; 1.1.3.1 Consortiums and Associations; 1.1.3.2 Regulatory Bodies; 1.1.3.3 Programs by Research Institutions and Universities; 1.1.4 Impact of COVID-19 on the Bio-LNG Market; 1.1.5 Impact of Russia-Ukraine Conflict on Bio-LNG Market; 1.1.6 Comparative Analysis of Bio-LNG and its Substitutes; 1.1.7 Snapshot of Green Methanol Market; 1.1.7.1 Leading Countries in the Green Methanol Market; 1.1.7.2 Leading Companies in Green Methanol Market; 1.1.7.3 Green Methanol Projections; 1.2 Business Dynamics; 1.2.1 Business Drivers; 1.2.1.1 Rising Environmental Concerns; 1.2.1.2 Increasing Number of LNG Trucks; 1.2.2 Business Challenges; 1.2.2.1 Limited Availability of Feedstocks; 1.2.2.2 High Price of Bio-LNG as Compared to LNG; 1.2.3 Business Strategies; 1.2.3.1 Product Developments; 1.2.3.2 Market Developments; 1.2.4 Corporate Strategies; 1.2.4.1 Mergers and Acquisitions; 1.2.4.2 Partnerships and Joint Ventures; 1.2.5 Business Opportunities; 1.2.5.1 Increase in Demand from Shipping Industry; 1.2.5.2 Technological Advancement; 1.3 Start-Up Landscape; 1.3.1 Key Start-Ups in the Ecosystem
2 Regions: 2.1 China; 2.1.1 Market; 2.1.1.1 Buyer Attributes; 2.1.1.2 Key Producers and Suppliers in China; 2.1.1.3 Regulatory Landscape; 2.1.1.4 Business Drivers; 2.1.1.5 Business Challenges; 2.1.2 Application; 2.1.2.1 China Bio-LNG Market (by Application), Volume and Value Data; 2.1.3 Product; 2.1.3.1 China Bio-LNG Market (by Source), Volume and Value Data; 2.2 Asia-Pacific and Japan; 2.2.1 Markets; 2.2.1.1 Key Producers/Suppliers in Asia-Pacific and Japan; 2.2.1.2 Business Drivers; 2.2.1.3 Business Challenges; 2.2.2 Application; 2.2.2.1 Asia-Pacific and Japan Bio-LNG Market (by Application), Volume and Value Data; 2.2.3 Product; 2.2.3.1 Asia-Pacific and Japan Bio-LNG Market (by Source), Volume and Value Data; 2.2.4 Asia-Pacific and Japan (by Country); 2.2.4.1 Japan; 2.2.4.1.1 Market; 2.2.4.1.1.1 Buyer Attributes; 2.2.4.1.1.2 Key Producers and Suppliers in Japan; 2.2.4.1.1.3 Regulatory Landscape; 2.2.4.1.1.4 Business Drivers; 2.2.4.1.1.5 Business Challenges; 2.2.4.1.2 Application; 2.2.4.1.2.1 Japan Bio-LNG Market (by Application), Volume and Value Data; 2.2.4.1.3 Product; 2.2.4.1.3.1 Japan Bio-LNG Market (by Source), Volume and Value Data; 2.2.4.2 South Korea; 2.2.4.2.1 Market; 2.2.4.2.1.1 Buyer Attributes; 2.2.4.2.1.2 Key Producers and Suppliers in South Korea; 2.2.4.2.1.3 Regulatory Landscape; 2.2.4.2.1.4 Business Drivers; 2.2.4.2.1.5 Business Challenges; 2.2.4.2.2 Application; 2.2.4.2.2.1 South Korea Bio-LNG Market (by Application), Volume and Value Data; 2.2.4.2.3 Product; 2.2.4.2.3.1 South Korea Bio-LNG Market (by Source), Volume and Value Data; 2.2.4.3 India; 2.2.4.3.1 Markets; 2.2.4.3.1.1 Buyer Attributes; 2.2.4.3.1.2 Key Producers/ Suppliers in India; 2.2.4.3.1.3 Regulatory Landscape; 2.2.4.3.1.4 Business Drivers; 2.2.4.3.1.5 Business Challenges; 2.2.4.3.2 Application; 2.2.4.3.2.1 India Bio-LNG Market (by Application), Volume and Value Data; 2.2.4.3.3 Product; 2.2.4.3.3.1 India Bio-LNG Market (by Source), Volume and Value Data; 2.2.4.4 Australia; 2.2.4.4.1 Markets; 2.2.4.4.1.1 Buyer Attributes; 2.2.4.4.1.2 Key Producers/ Suppliers in Australia; 2.2.4.4.1.3 Regulatory Landscape; 2.2.4.4.1.4 Business Drivers; 2.2.4.4.1.5 Business Challenges; 2.2.4.4.2 Application; 2.2.4.4.2.1 Australia Bio-LNG Market (by Application), Volume and Value Data; 2.2.4.4.3 Product; 2.2.4.4.3.1 Australia Bio-LNG Market (by Source), Volume and Value Data; 2.2.4.5 Rest-of-Asia-Pacific and Japan; 2.2.4.5.1 Markets; 2.2.4.5.1.1 Buyer Attributes; 2.2.4.5.1.2 Key Producers/ Suppliers in the Rest-of-Asia-Pacific and Japan; 2.2.4.5.1.3 Business Drivers; 2.2.4.5.1.4 Business Challenges; 2.2.4.5.2 Application; 2.2.4.5.2.1 Rest-of-Asia-Pacific and Japan Bio-LNG Market (by Application), Volume and Value Data; 2.2.4.5.3 Product; 2.2.4.5.3.1 Rest-of-Asia-Pacific and Japan Bio-LNG Market (by Source), Volume and Value Data
3 Markets - Competitive Benchmarking & Company Profiles: 3.1 Competitive Benchmarking; 3.1.1 Competitive Position Matrix; 3.1.2 Product Matrix for Key Companies, By Source; 3.1.3 Market Share Analysis of Key Companies, 2022; 3.2 Company Profiles; 3.2.1 BoxLNG Pvt. Ltd; 3.2.1.1 Company Overview; 3.2.1.2 Role of BoxLNG Pvt. Ltd in the Bio-LNG Market; 3.2.1.3 Product Portfolio; 3.2.1.4 Production Site; 3.2.1.5 Corporate Strategies; 3.2.1.5.1 Mergers, Acquisitions, Partnerships, and Joint Ventures; 3.2.1.6 Analyst View; 3.2.2 Air Water Inc.; 3.2.2.1 Company Overview; 3.2.2.2 Role of Air Water Inc. in the Bio-LNG Market; 3.2.2.3 Product Portfolio; 3.2.2.4 Production Site; 3.2.2.5 Business Strategies; 3.2.2.5.1 Product Developments; 3.2.2.6 Analyst View
4 Research Methodology
List of Figures: Figure 1: Asia-Pacific Bio-LNG Market, $Million, 2022, 2023, and 2032; Figure 2: Asia-Pacific Bio-LNG Market (by Application), $Million, 2022, 2032; Figure 3: Asia-Pacific Bio-LNG Market (by Source), $Million, 2022, 2032; Figure 4: Bio-LNG Market (by Region), $Million, 2022, 2032; Figure 5: Conventional Fuel Prices, 2020, 2021; Figure 6: Supply Chain Analysis of Bio-LNG Market; Figure 7: Green Methanol Market Snapshot; Figure 8: New Registrations of Medium and Heavy Trucks Over 3.5 Tons by Fuel Type in the EU in 2020; Figure 9: Research Methodology; Figure 10: Top-Down and Bottom-Up Approach; Figure 11: Bio-LNG Market Influencing Factors; Figure 12: Assumptions and Limitations
List of Tables: Table 1: List of Consortiums and Associations; Table 2: List of Regulatory Bodies; Table 3: List of Programs by Research Institutions and Universities; Table 4: Key Product Developments; Table 5: Key Market Developments; Table 6: Key Mergers and Acquisitions; Table 7: Key Partnerships and Joint Ventures; Table 8: Bio-LNG Market (by Region), Kilo Tons, 2022-2032; Table 9: Bio-LNG Market (by Region), $Million, 2022-2032; Table 10: China Bio-LNG Market (by Application), Kilo Tons, 2022-2032; Table 11: China Bio-LNG Market (by Application), $Million, 2022-2032; Table 12: China Bio-LNG Market (by Source), Kilo Tons, 2022-2032; Table 13: China Bio-LNG Market (by Source), $Million, 2022-2032; Table 14: Asia-Pacific and Japan Bio-LNG Market (by Application), Kilo Tons, 2022-2032; Table 15: Asia-Pacific and Japan Bio-LNG Market (by Application), $Million, 2022-2032; Table 16: Asia-Pacific and Japan Bio-LNG Market (by Source), Kilo Tons, 2022-2032; Table 17: Asia-Pacific and Japan Bio-LNG Market (by Source), $Million, 2022-2032; Table 18: Japan Bio-LNG Market (by Application), Kilo Tons, 2022-2032; Table 19: Japan Bio-LNG Market (by Application), $Million, 2022-2032; Table 20: Japan Bio-LNG Market (by Source), Kilo Tons, 2022-2032; Table 21: Japan Bio-LNG Market (by Source), $Million, 2022-2032; Table 22: South Korea Bio-LNG Market (by Application), Kilo Tons, 2022-2032; Table 23: South Korea Bio-LNG Market (by Application), $Million, 2022-2032; Table 24: South Korea Bio-LNG Market (by Source), Kilo Tons, 2022-2032; Table 25: South Korea Bio-LNG Market (by Source), $Million, 2022-2032; Table 26: India Bio-LNG Market (by Application), Kilo Tons, 2022-2032; Table 27: India Bio-LNG Market (by Application), $Million, 2022-2032; Table 28: India Bio-LNG Market (by Source), Kilo Tons, 2022-2032; Table 29: India Bio-LNG Market (by Source), $Million, 2022-2032; Table 30: Australia Bio-LNG Market (by Application), Kilo Tons, 2022-2032; Table 31: Australia Bio-LNG Market (by Application), $Million, 2022-2032; Table 32: Australia Bio-LNG Market (by Source), Kilo Tons, 2022-2032; Table 33: Australia Bio-LNG Market (by Source), $Million, 2022-2032; Table 34: Rest-of-Asia-Pacific and Japan Bio-LNG Market (by Application), Kilo Tons, 2022-2032; Table 35: Rest-of-Asia-Pacific and Japan Bio-LNG Market (by Application), $Million, 2022-2032; Table 36: Rest-of-Asia-Pacific and Japan Bio-LNG Market (by Source), Kilo Tons, 2022-2032; Table 37: Rest-of-Asia-Pacific and Japan Bio-LNG Market (by Source), $Million, 2022-2032; Table 38: Product Matrix for Key Companies, By Source; Table 39: Market Share of Key Companies, 2022