Renewable Natural Gas Market by Production Method (Landfills, Livestock, Wastewater Treatment) by Application (Electricity Generation, Transportation Fuel, Thermal Application) by Region (North America, Asia Pacific, Europe, South America, and Middle East & Africa) - Trends and Forecasts to 2030
Renewable natural gas (RNG) is a pipeline-quality gas that can be used in natural gas cars and is completely interchangeable with regular natural gas. RNG is essentially biogas, the gaseous byproduct of the breakdown of organic materials purified through processing. RNG can be utilized as a transportation fuel in the form of compressed natural gas (CNG) or liquefied natural gas, just like regular natural gas (LNG). The Renewable Fuel Standard recognizes RNG as an advanced biofuel. Natural gas used for pipelines originates from deep underground wells and is frequently related to petroleum extraction.
On the other hand, RNG is natural gas produced using organic waste products from daily living, including food scraps, lawn and garden trimmings, and animal and plant-based matter. Degradable carbon sources, including paper, cardboard, and wood, can also be used to create it. These resources are plentiful, making it possible to produce large amounts of RNG. According to a research by the University of California, RNG produced from our state's existing organic waste alone can supply more than 20% of California's current residential natural gas needs.
Based on the production method, the renewable natural gas market has been categorized into landfills, livestock, and wastewater treatment. Waste collected from residential, industrial, and commercial enterprises is disposed of in landfills. According to the US Environmental Protection Agency (EPA), landfills are the third-largest source of methane emissions connected to people in the country. Since the chemical digestion takes place underground rather than in an anaerobic digester, renewable natural gas from landfills is also known as landfill gas. According to the EPA, as of September 2021, 548 LFG projects were in operation in the US. RNG can be synthesized using biogas recovery systems at livestock operations. In order to stabilize and maximize methane production, animal dung is collected and supplied to an anaerobic digester. The generated biogas can be converted into RNG and used to power generators or fuel cars that run on natural gas. The sediments collected during the wastewater treatment can be digested to create RNG. The US Environmental Protection Agency (EPA) estimates a potential for RNG of approximately one cubic foot of digester gas for every 100 gallons of wastewater.
Based on application, the renewable natural gas market is also classified into electricity generation, transportation fuel, and thermal application. RNG is either locally used, such as at on-site automobile fueling stations, or injected into a natural gas pipeline. RNG is a seamless alternative that may be employed for thermal applications, to generate power, as a feedstock for bioproducts, or as a car fuel because it can use existing infrastructure and is so chemically close to natural gas.
The global renewable natural gas market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. According to International Energy Agency (IEA), there is enormous potential for producing renewable and/or biomethane worldwide. There are huge prospects in North and South America, Europe, and Africa, as well as the Asia Pacific area, where natural gas imports and consumption have been expanding quickly in recent years. Based on the rising availability of the various feedstocks in a larger global economy, including the improvement in waste management and collection programs in many developing countries, the overall potential is expected to grow quickly over the next two decades.
The major players operating in the renewable natural gas market include Shell plc (UK), VERBIO Vereinigte Bioenergie AG (Germany), Kinder Morgan (US), Montauk (US), Archaea Energy Inc (US), Clean Energy Fuels (US), Gasrec (UK), Chevron Corporation (US), BP plc (UK), J V ENERGEN LLP (UK), REN Energy (South Africa) and Waga Energy (France).
Frequently Asked Questions (FAQ)
Q1. What is the current market size of the global renewable natural gas market?
Q2. What are the challenges associated with the renewable natural gas market?
Q3. What are the international standards which are regulating the renewable natural gas market?
Q4. Who are the top five players in the global renewable natural gas market?
Q5. What revolutionary technology trends could be witnessed over the next five to ten years?
Q6. How are the companies implementing organic and inorganic strategies to gain increased renewable natural gas market share?
Q7. Which will be the leading regions with the largest market share by 2030?
Q8. What will be the revenue pockets for the renewable natural gas market in the next five to ten years?
Q9. Which service segments will have the maximum growth opportunity during the forecast period?
Q10. Which region held the highest market share in renewable natural gas?
Q11. What is a key factor driving the market of the renewable natural gas market?
Q12. Which application is leading the renewable natural gas market during the forecast period?
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. OBJECTIVE OF THE STUDY
1.2. MARKET DEFINITION
1.2.1. MARKET SCOPE
1.2.2. YEARS CONSIDERED IN THE REPORT
1.3. CURRENCY
1.4. STAKEHOLDERS
2. RESEARCH METHODOLOGY
2.1. RESEARCH DATA
2.1.1. SECONDARY DATA
2.1.1.1. KEY DATA FROM SECONDARY SOURCES
2.1.2. PRIMARY DATA
2.1.2.1. KEY DATA FROM PRIMARY SOURCES
2.1.2.2. KEY INDUSTRY INSIGHTS
2.1.2.3. BREAKDOWN OF PRIMARY INTERVIEWS
2.2. MARKET SIZE ESTIMATION
2.2.1. BOTTOM-UP APPROACH
2.2.2. TOP-DOWN APPROACH
2.3. DATA TRIANGULATION
2.3.1. RENEWABLE NATURAL GAS MARKET ANALYSIS THROUGH PRIMARY INTERVIEWS
2.4. LIMITATIONS
2.5. ASSUMPTIONS
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. MARKET OVERVIEW
5.1. INTRODUCTION
5.1.1. MARKET DYNAMICS
5.1.2. DRIVERS
5.1.3. RESTRAINTS
5.1.4. OPPORTUNITIES
5.1.5. CHALLENGES
5.2. IMPACT OF COVID-19
5.3. TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES TECHNOLOGY ANALYSIS
5.4. RENEWABLE NATURAL GAS MARKET: SUPPLY CHAIN ANALYSIS
5.5. MARKET MAP
5.6. TRADE ANALYSIS
5.7. TECHNOLOGY ANALYSIS
5.8. KEY CONFERENCES & EVENTS IN 2022–2023
5.9. RENEWABLE NATURAL GAS MARKET: REGULATIONS
5.9.1. REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
5.10. PORTER’S FIVE FORCES ANALYSIS
5.11. CASE STUDY ANALYSIS
6. RENEWABLE NATURAL GAS MARKET, BY PRODUCTION METHOD
(USD Million - 2020, 2021, 2022-e, 2030-p)
6.1. INTRODUCTION
6.2. LANDFILLS
6.3. LIVESTOCK
6.4. WASTEWATER TREATMENT
7. RENEWABLE NATURAL GAS MARKET, BY APPLICATION
(USD Million - 2020, 2021, 2022-e, 2030-p)
7.1. INTRODUCTION
7.2. ELECTRICITY GENERATION
7.3. TRANSPORTATION FUEL
7.4. THERMAL APPLICATION
8. RENEWABLE NATURAL GAS MARKET, BY REGION
(USD Million - 2020, 2021, 2022-e, 2030-p)
8.1. INTRODUCTION
8.2. ASIA PACIFIC
8.2.1. BY PRODUCTION METHOD
8.2.2. BY APPLICATION
8.2.3. BY COUNTRY
8.3. EUROPE
8.3.1. BY PRODUCTION METHOD
8.3.2. BY APPLICATION
8.3.3. BY COUNTRY
8.4. NORTH AMERICA
8.4.1. BY PRODUCTION METHOD
8.4.2. BY APPLICATION
8.4.3. BY COUNTRY
8.5. MIDDLE EAST & AFRICA
8.5.1. BY PRODUCTION METHOD
8.5.2. BY APPLICATION
8.5.3. BY COUNTRY
8.6. SOUTH AMERICA
8.6.1. BY PRODUCTION METHOD
8.6.2. BY APPLICATION
8.6.3. BY COUNTRY
9. COMPETITIVE LANDSCAPE
9.1. OVERVIEW
9.2. MARKET EVALUATION FRAMEWORK
9.3. SHARE ANALYSIS OF KEY PLAYERS, 2021
9.4. SEGMENTAL REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2017-2021
9.5. RECENT DEVELOPMENTS
9.6. COMPETITIVE LEADERSHIP MAPPING
10. COMPANY PROFILE
10.1. SHELL PLC
10.1.1. Business Overview
10.1.2. Services offered
10.1.3. Recent Developments
10.1.4. MnM View
10.2. VERBIO VEREINIGTE BIOENERGIE AG
10.3. KINDER MORGAN
10.4. MONTAUK
10.5. AF GRUPPEN
10.6. BP PLC
10.7. CHEVRON CORPORATION
10.8. CLEAN ENERGY FUELS
10.9. ARCHAEA ENERGY INC
10.10. AMERESCO
10.11. VANGUARD RENEWABLES
10.12. J V ENERGEN LLP
10.13. DOMINION ENERGY
10.14. FUTURE BIOGAS LIMITED
10.15. CALIFORNIA BIOENERGY LLC
10.16. REN ENERGY
10.17. WAGA ENERGY
10.18. GASREC
11. Appendix
11.1. INSIGHTS OF INDUSTRY EXPERTS
11.2. DISCUSSION GUIDE
11.3. RELATED REPORT
11.4. AUTHOR DETAILS
* Additional Segments, Countries and Companies may be added during the course of the study
*Company revenues will be provided for three years (including the base year). The base year used for company profiles will be 2021. Wherever information is unavailable for the base year, the previous year data will be considered.
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
Growth opportunities and latent adjacency in Renewable Natural Gas Market