Renewable Natural Gas Market, By Feedstock (Landfill, Wastewater Treatment, Agricultural Waste, and Others), By Application (Vehicle Fuel, Power Generation, Pipeline Injection, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Online Retail

Renewable Natural Gas Market, By Feedstock (Landfill, Wastewater Treatment, Agricultural Waste, and Others), By Application (Vehicle Fuel, Power Generation, Pipeline Injection, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Online Retail, Specialty Stores, and Pharmacies/Drugstores), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The global renewable natural gas market has been witnessing significant growth in recent years. Renewable natural gas (RNG) or biogas is natural gas that is derived from biodegradable material such as food waste, agricultural residue, human waste, or animal manure through anaerobic digestion. It is a renewable form of energy that can be used as compressed natural gas or injected directly into natural gas pipelines. The increasing demand for cleaner sources of energy along with stringent government policies regarding reduction of greenhouse gas emissions is a key factor driving the adoption of renewable natural gas across industries. Furthermore, awareness about the long term economic and environmental benefits of RNG is encouraging more companies and utilities to invest in RNG infrastructure and supply. With governments around the world strengthening their renewable energy targets, the global renewable natural gas market is expected to grow substantially over the coming years.

Market Dynamics:

The global renewable natural gas market is expected to experience strong growth over the forecast period, primarily driven by growing climate change concerns worldwide and the urgent need to develop renewable alternatives to fossil fuels. Stringent regulations regarding GHG emissions from industries and initiatives like the EU methane strategy are also pushing market adoption. In addition, rising emphasis on circular economy and waste management is boosting biogas production from organic waste. However, high infrastructure and production costs remain a key challenge for market participants. Moreover, availability of cheaper alternatives continues to restrain market growth to some extent. On the positive side, increasing R&D efforts to reduce costs and technological advances in anaerobic digestion are expected to create new revenue opportunities for market players. In terms of opportunity, the market sees rising usage of RNG in transportation sector as a cleaner vehicle fuel.

Key features of the study:

This report provides in-depth analysis of the global renewable natural gas market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global renewable natural gas market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Clean Energy Fuels Corp., Biomethane Technologies, Fortistar, Waste Management, Inc., Renewable Energy Group, Inc., Duke Energy, EnviTec Biogas AG, Brightmark Energy, Aqua America, Inc., Gasrec, CNG Services Ltd., Calgren Renewable Fuels, Cypress Creek Renewables, RNG Energy Solutions, Greenlane Biogas, Sustainable Energy Solutions, Xebec Adsorption Inc., Agraferm Technologies AG, Ecovyst Inc., and Air Products and Chemicals, Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global renewable natural gas market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global renewable natural gas market.

Detailed Segmentation-

Feedstock Insights (Revenue, USD Bn, 2019 - 2031)

Landfill

Wastewater Treatment

Agricultural Waste

Others

Application Insights (Revenue, USD Bn, 2019 - 2031)

Vehicle Fuel

Power Generation

Pipeline Injection

Others

Distribution Channel Insights (Revenue, USD Bn, 2019 - 2031)

Supermarkets/Hypermarkets

Online Retail

Specialty Stores

Pharmacies/Drugstores

Regional Insights (Revenue, USD Bn 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Clean Energy Fuels Corp.

Biomethane Technologies

Fortistar

Waste Management, Inc.

Renewable Energy Group, Inc.

Duke Energy

EnviTec Biogas AG

Brightmark Energy

Aqua America, Inc.

Gasrec

CNG Services Ltd.

Calgren Renewable Fuels

Cypress Creek Renewables

RNG Energy Solutions

Greenlane Biogas

Sustainable Energy Solutions

Xebec Adsorption Inc.

Agraferm Technologies AG

Ecovyst Inc.

Air Products and Chemicals, Inc.