Global Renewable Natural Gas Market Growth 2023-2029

Global Renewable Natural Gas Market Growth 2023-2029

Renewable Natural Gas (RNG), also known as Sustainable Natural Gas (SNG) or biomethane, is a biogas which has been upgraded to a quality similar to fossil natural gas and having a methane concentration of 90% or greater. A biogas is a gaseous form of methane obtained from biomass. By upgrading the quality to that of natural gas, it becomes possible to distribute the gas to customers via the existing gas grid within existing appliances.
LPI (LP Information)' newest research report, the “Renewable Natural Gas Industry Forecast” looks at past sales and reviews total world Renewable Natural Gas sales in 2022, providing a comprehensive analysis by region and market sector of projected Renewable Natural Gas sales for 2023 through 2029. With Renewable Natural Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Renewable Natural Gas industry.
This Insight Report provides a comprehensive analysis of the global Renewable Natural Gas landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Renewable Natural Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Renewable Natural Gas market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Renewable Natural Gas and breaks down the forecast by source, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Renewable Natural Gas.
The global Renewable Natural Gas market size is projected to grow from US$ 5045.5 million in 2022 to US$ 70140 million in 2029; it is expected to grow at a CAGR of 70140 from 2023 to 2029.
Global key players of Renewable Natural Gas include Clean Energy Fuels, Archaea Energy, etc. Global top 3 companies hold a share about 30%. North America is the largest market, with a share over 40%, followed by Europe and Asia Pacific with the share about 40% and 15%. In terms of product, Agriculture Type is the largest segment, with a share about 60%. And in terms of application, the largest application is Gas Grid, with a share over 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Renewable Natural Gas market by product source, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by source
Agricultural RNG Resource
Sewage & Wastewater RNG Resource
Landfill RNG Resource
Segmentation by application
Electricity Generation
Vehicle Fuel
Gas Grid
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Clean Energy Fuels
Archaea Energy
Montauk
VERBIO
Vanguard Renewables
J V Energen
Gasrec
Future Biogas
REN Energy
Dominion Energy
Deqingyuan
California Bioenergy
Asia Biogas
AltEnergo
Waga Energy
Ameresco

Key Questions Addressed in this Report
What is the 10-year outlook for the global Renewable Natural Gas market?
What factors are driving Renewable Natural Gas market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Renewable Natural Gas market opportunities vary by end market size?
How does Renewable Natural Gas break out source, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.