The global Green Methane market, which was valued at USD 3,097.2 million in 2022, is set to experience substantial expansion in the coming years, with a forecasted market size of USD 9,108.9 million by 2029, reflecting an impressive Compound Annual Growth Rate (CAGR) of 16.7% during the review period. The analysis incorporated considerations of the impact of the COVID-19 pandemic and the Russia-Ukraine War on market dynamics.
Green Methane, a renewable energy carrier, is generated through a process called methanation, involving the reaction of carbon dioxide (CO2) and hydrogen (H2) to produce methane (CH4) and water (H2O). This process can be powered by clean energy sources like solar, wind, or hydropower, making Green Methane an environmentally friendly and sustainable energy solution.
The market’s top five manufacturers, including Clean Energy Fuels, Dominion Energy, Archaea Energy, Montauk Renewables, and VERBIO, collectively account for nearly 40% of the market share. Clean Energy Fuels leads with a production value share of approximately 20%, followed by Dominion Energy (10%) and Archaea Energy (6%).
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North America emerges as the largest market, holding a share of nearly 40%, followed by Europe and China, with shares of 35% and 10%, respectively. The primary sources of Green Methane are agricultural waste and municipal landfills, with agricultural waste being the dominant source, commanding a market share exceeding 50%.
- Global Green Methane market size and consumption value forecasts for the period 2018-2029.
- Regional and country-specific market size and consumption value forecasts for the same period.
- Analysis of market size and forecasts by Source and Application in terms of consumption value for 2018-2029.
- Market shares of major players in terms of revenue for 2018-2023.
Primary Objectives in This Report:
- Determine the total market opportunity size globally and in key countries.
- Assess the growth potential for Green Methane.
- Forecast future growth in each product and end-use market.
- Evaluate competitive factors affecting the marketplace.
The Green Methane market is segmented by Source and Application for the period 2018-2029. This segmentation offers precise calculations and forecasts for consumption value by Source and Application, facilitating effective targeting of niche markets.
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Market segment by Source:
- Agricultural Waste
- Municipal Landfill
Market segment by Application:
- Electricity Generation
- Vehicle Fuel
- Clean Energy Fuels
- Archaea Energy
- Montauk Renewables
- Vanguard Renewables
- J V Energen
- Future Biogas
- Dominion Energy
- California Bioenergy
- Waga Energy
Regional Analysis Covers:
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
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