Global Renewable Natural Gas Market

Renewable Natural Gas Market Size, Share, Growth Analysis, By Source(Agricultural RNG Resource, Sewage & Wastewater RNG Resource, Landfill RNG Resource), By Application(Electricity Generation, Vehicle Fuel, Gas Grid, Others), By Region - Industry Forecast 2025-2032


Report ID: SQMIG55F2041 | Region: Global | Published Date: March, 2024
Pages: 182 | Tables: 64 | Figures: 75

Renewable Natural Gas Market Regional Insights

The global market for renewable natural gas (RNG) reflects a mosaic of regional insights shaped by a blend of geographical, economic, policy, and technological factors. Within this landscape, North America has notably risen as a prominent player in the RNG sector. Both the United States and Canada have witnessed significant strides in RNG development, bolstered by their robust natural gas infrastructure, conducive policy frameworks, and growing commitment to decarbonization. Government incentives like the U.S. Renewable Fuel Standard (RFS) and Canada's provincial initiatives have been instrumental in propelling RNG production. The abundance of agricultural and waste resources in these nations serves as a robust feedstock base for RNG generation, with landfills emerging as a substantial contributor.

Moving towards Europe, the continent stands as a frontrunner in the adoption of renewable energy and has embraced a notable surge in RNG initiatives. The European Union's Renewable Energy Directive sets the stage for renewable energy assimilation, urging member states to diversify their energy portfolios. Nations such as Germany, France, and Sweden have paved the way in RNG production, predominantly sourced from agricultural waste and sewage. The strategic integration of RNG into existing natural gas networks is pivotal in advancing Europe's shift towards a carbon-light energy ecosystem.

Meanwhile, the Asia-Pacific region is undergoing a burgeoning interest in RNG, driven by the pressing need to address air quality concerns and curtail greenhouse gas emissions. Countries like China, Japan, and South Korea are actively exploring RNG as a means to transition away from fossil fuels and enhance air quality standards. However, despite the burgeoning curiosity, the market is still at an early stage of development, grappling with challenges linked to feedstock availability, infrastructure readiness, and regulatory backing.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Renewable Natural Gas Market size was valued at USD 12 billion in 2022 and is poised to grow from USD 15.6 billion in 2023 to USD 127.25 billion by 2031, growing at a CAGR of 30% in the forecast period (2024-2031).

The competitive landscape of the renewable natural gas (RNG) market is dynamic, characterized by the presence of various players ranging from energy companies, waste management firms, technology providers, to government entities. Key industry players are strategically focusing on expanding their RNG production capacities, improving technology efficiency, and establishing strong distribution networks. Collaboration and partnerships between different stakeholders, including waste generators, utilities, and transportation companies, are becoming crucial for the development of RNG projects and infrastructure. 'Clean Energy Fuels Corp (USA)', 'BP plc (UK)', 'FortisBC Energy Inc (Canada)', 'SoCalGas (USA)', 'Enbridge Inc (Canada)', 'Waste Management Inc (USA)', 'Enerkem Inc (Canada)', 'Rumpke Waste & Recycling (USA)', 'GRDF (France)', 'Ameresco Inc (USA)', 'Gaz Métro (Canada)', 'Brightmark Energy LLC (USA)', 'Republic Services Inc (USA)', 'Energy Vision (USA)', 'SGN (Scotland, UK)', 'Air Liquide SA (France)', 'CR&R Environmental Services (USA)', 'Chevron Corporation (USA)', 'Sempra Energy (USA)', 'Gasum Oy (Finland)'

Supportive regulatory frameworks, incentives, and mandates, such as the Renewable Fuel Standard (RFS) in the U.S. and renewable energy targets in various countries, drive the adoption of RNG.

Integration with Existing Infrastructure: Integrating RNG into existing natural gas grids allows for seamless distribution and utilization across residential, commercial, and industrial sectors.

The market for renewable natural gas (RNG) reflects a mosaic of regional insights shaped by a blend of geographical, economic, policy, and technological factors. Within this landscape, North America has notably risen as a prominent player in the RNG sector. Both the United States and Canada have witnessed significant strides in RNG development, bolstered by their robust natural gas infrastructure, conducive policy frameworks, and growing commitment to decarbonization. Government incentives like the U.S. Renewable Fuel Standard (RFS) and Canada's provincial initiatives have been instrumental in propelling RNG production. The abundance of agricultural and waste resources in these nations serves as a robust feedstock base for RNG generation, with landfills emerging as a substantial contributor.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Renewable Natural Gas Market

Report ID: SQMIG55F2041

$5,300
BUY NOW GET FREE SAMPLE