According to our (Global Info Research) latest study, the global Methanation market size was valued at US$ 181 million in 2024 and is forecast to a readjusted size of USD 249 million by 2031 with a CAGR of 5.8% during review period.
Methanation is a chemical reaction that converts carbon monoxide and/or carbon dioxide to methane. Methanation is garnering significant attention as industries and governments seek sustainable solutions for energy production and carbon management. The importance of this process lies not only in its ability to produce synthetic natural gas but also in its potential to mitigate greenhouse gas emissions.
This report covers technology license, engineering, equipment and catalysts.
The global key manufacturers of Methanation include Johnson Matthey, Topsoe, Electrochaea, Wood, Hubei Huihuang, ThyssenKrupp AG, INPEX, Taiyuan Heavy Industry Co., Ltd (TYHI), BASF, Kanadevia Corporation, etc. In 2023, the global top 5 players had a share approximately 65% in terms of revenue. As industries increasingly focus on carbon reduction strategies and sustainable practices, these companies are well-positioned to benefit from growing demand.
Industrial applications dominate the methanation market. Methanation is key in producing synthetic natural gas, which can be injected into existing gas networks or used as a fuel for heating and power generation.
Environmental application is the fastest-growing application market. This segment includes the use of methanation technologies for carbon capture and utilization (CCU), converting captured CO2 into methane. Environmental regulations and climate commitments drive this application, making it vital for industries seeking to achieve carbon neutrality.
The Asia-Pacific region stands out as the largest market for methanation, driven by rapid industrialization, urbanization, and stringent environmental policies. Countries like China, mainly concentrated in industrial application, such as coal-based natural gas industry, are leading the way in adopting methanation technologies to address air pollution and meet renewable energy targets.
This report is a detailed and comprehensive analysis for global Methanation market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Methanation market size and forecasts, in consumption value ($ Million), 2020-2031
Global Methanation market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Methanation market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Methanation market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Methanation
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Methanation market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Johnson Matthey, Topsoe, Electrochaea, Wood, Hubei Huihuang, ThyssenKrupp AG, INPEX, Taiyuan Heavy Industry Co., Ltd (TYHI), BASF, Kanadevia Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Methanation market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Technology and Service
Catalysts
Market segment by Application
Environmental
Industrial Application
Market segment by players, this report covers
Johnson Matthey
Topsoe
Electrochaea
Wood
Hubei Huihuang
ThyssenKrupp AG
INPEX
Taiyuan Heavy Industry Co., Ltd (TYHI)
BASF
Kanadevia Corporation
Haohua Chemical Science & Technology
KHIMOD
IHI
Clariant AG
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Methanation product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Methanation, with revenue, gross margin, and global market share of Methanation from 2020 to 2025.
Chapter 3, the Methanation competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Methanation market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Methanation.
Chapter 13, to describe Methanation research findings and conclusion.
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