Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Landfill gas is a mixture of different gases produced by the action of microorganisms within a landfill as they decompose organic waste, including for instance, paper waste and food waste. Landfill gases have an impact on climate change. The main components are methane and carbon dioxide, both of which are greenhouse gas. Landfill gases are the result of three major processes such as evaporation of volatile organic compounds, chemical reactions between waste components and microbial action, particularly methanogenesis. The first two processes are depending strongly on the nature of the waste.
The North America landfill gas market is currently being driven by several factors. Rapid growth in the US power or electricity generation industry, rising initiatives to use landfill gases to produce electricity and increasing number of projects related to landfill gas to energy are some of the major factors that accredited to the market growth. In addition, surged use landfill gases in industries such as chemical production, auto manufacturing, pharmaceuticals, cement and brick manufacturing, and many others is further boosting the market growth.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the landfill gas market. In addition, complete analysis of changes on landfill gas market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on North America economies, international trade, business investments, GDP and marketing strategies of key players present in the market.
The study analyses North America landfill gas market based on application and country.
Major applications of the North America landfill gas market are electricity, direct use, combined heat & power, and alternate fuels. The electricity application segment is further bifurcated into internal combustion & reciprocating engines, gas turbines and micro turbines. The direct use and alternate fuel segments are again sub-segmented into boilers, direct thermal & lachate evaporation and others and pipeline fuels and vehicle fuels respectively. The electricity application segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period. Major growth factors such as increasing demand for electricity, rising number of landfill gas energy projects across the countries such as the US, Canada and Mexico is accredited to the market growth.
Country wise, the study is comprised of the key countries such as the US, Canada and Mexico. The US held the largest market share of North America landfill gas market and is likely to dominate the market over the estimated time frame. This dominance is possible owing to the increase in environmental and health awareness among the US people. The advancements in technology across the globe have offered numerous developments in the applications of processing of biofuels from biodegradable wastes and energy utilization. Thus, rising use of landfill gases in such applications is further propelling the market growth.
The major key players of market include Waste Management, Inc, Covanta Holding Corporation, Veolia, Environment S.A, Pennon Group Plc, SUEZ SA, Kohler Co., Inc, Aria Energy Corp, Granite Acquisition, Inc, Vectren Corporation and Shanghai Chengtou Holding Co., Ltd among others.
July 2021: EQT infrastructure announced its plan to acquire Covanta Holding Corporation, a global Waste-to-Energy solution company, for USD 5.3 billion.
March 2019: Vectren announced it has received approval from the Indiana Utility Regulatory Commission (IURC) to construct a 50-megawatt (MW) universal solar array in eastern Spencer County as part of Vectren’s long-term electric generation transition plan.
June 2018: Waste Management presented its the new technology at its Outer Loop Recycling and Disposal Facility, converting waste from the landfill into usable, renewable natural gas (RNG). This groundbreaking facility captures methane created by the landfill and turns it to pipeline quality natural gas.
The study analyses North America landfill gas market based on application, and country. Major applications of the North America landfill gas market are electricity, direct use, combined heat & power, and alternate fuels. The electricity segment is likely to register fastest growth in years to come owing to the growing adoption of landfill gases in energy generation application across the globe. The electricity application segment is further bifurcated into internal combustion & reciprocating engines, gas turbines and micro turbines. Country wise, the study is comprised of the key countries such as the US, Canada and Mexico.
Why to buy this report:
