Green Methane Market Set to Reach USD 9108.9 Million with a Remarkable 16.7% CAGR during 2023-2029
The global Green Methane market size was valued at USD 3097.2 million in 2022 and is forecast to a readjusted size of USD 9108.9 million by 2029 with a CAGR of 16.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global 5 largest manufacturers of green methane are Clean Energy Fuels, Dominion Energy, Archaea Energy, Montauk Renewables and VERBIO, which make up nearly 40%. Among them, Clean Energy Fuels dominates with nearly 20% production value share, followed by Dominion Energy (10%) and Archaea Energy (6%).
North America is the largest market, holding a share nearly 40%, followed by Europe and China, with shares 35% and 10% separately.There are two sources of green methane, including agricultural waste and municipal landfill. The leading source is agricultural waste, with a market share over 50%.
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In terms of application, ordinary automotive side view mirror is mainly used in electricity generation and vehicle fuel. The largest segment is electricity generation, accounting for nearly 70%.
Green methane is a type of methane gas that is produced through a process called methanation, which involves the reaction of carbon dioxide (CO2) and hydrogen (H2) to produce methane (CH4) and water (H2O). This process can be powered by renewable energy sources such as solar, wind, or hydropower, which makes green methane a renewable energy carrier.
Green methane has the potential to replace conventional natural gas as a fuel for heating, electricity generation, and transportation. It can also be injected into existing natural gas pipelines and used in industrial processes that require high-temperature heat.
This report is a detailed and comprehensive analysis for global Green Methane market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Source 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 2023, are provided.
Key Features:
- Global Green Methane market size and forecasts, in consumption value ($ Million), sales quantity (M m3), and average selling prices (US$/m3), 2018-2029
- Global Green Methane market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M m3), and average selling prices (US$/m3), 2018-2029
- Global Green Methane market size and forecasts, by Source and by Application, in consumption value ($ Million), sales quantity (M m3), and average selling prices (US$/m3), 2018-2029
- Global Green Methane market shares of main players, shipments in revenue ($ Million), sales quantity (M m3), and ASP (US$/m3), 2018-2023
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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 Green Methane
- 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 Green Methane market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Clean Energy Fuels, Archaea Energy, Montauk Renewables, VERBIO and Vanguard Renewables, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Green Methane market is split by Source and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Source, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Source
- Agricultural Waste
- Municipal Landfill
- Others
Market segment by Application
- Electricity Generation
- Vehicle Fuel
- Others
Major players covered
- Clean Energy Fuels
- Archaea Energy
- Montauk Renewables
- VERBIO
- Vanguard Renewables
- J V Energen
- Future Biogas
- Dominion Energy
- Deqingyuan
- California Bioenergy
- Waga Energy
- Ameresco
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Read More Related Research Reports:
Agricultural Methane Market: https://www.themarketreports.com/report/global-agricultural-methane-market-by-manufacturers-regions-type-and-application-forecast
Steam Methane Reforming Market: https://www.themarketreports.com/report/global-steam-methane-reforming-market-research-report
Biogas and Biomethane Market: https://www.themarketreports.com/report/global-biogas-and-biomethane-market-research-report
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