Global Bio-LNG Market Size is valued at USD 900.6 Million in 2024 and is predicted to reach USD 5133.3 Million by the year 2034 at a 19.3% CAGR during the forecast period for 2025-2034.
Bio-LPG, also known as bio-liquefied petroleum gas, is an ecologically friendly alternative to conventional LPG. It is made from biomass, such as agricultural waste, food industry waste, and energy crops. The bio-LNG (liquefied natural gas) sector has seen rapid expansion and shifting dynamics in recent years. With a growing global emphasis on lowering greenhouse gas emissions and shifting to greener energy sources, bio-LNG has emerged as an appealing option.
Bio-LNG is made from organic waste, agricultural residues, and other biomass, giving it a renewable and sustainable alternative to fossil-fuel-based LNG. Tax breaks, subsidies, and renewable energy standards are pushing demand for bio-LNG and creating a favorable market climate for its expansion. Technological advancements in bio-LNG production, including anaerobic digestion, gasification, and upgrading procedures, have enhanced efficiency and raised the commercial viability of bio-LNG. These innovations are boosting market growth and attracting investments from both established and new companies.
However, the COVID-19 pandemic has had an impact on the bio-LPG sector, both positively and negatively. During the pandemic, the bio-LPG market, like many others, encountered supply chain interruptions due to lockdown measures, travel restrictions, and a reduced workforce. This caused bio-LPG production, distribution, and availability to be delayed.
The Bio-LNG market is segmented on the basis of application and source. The market is segmented as automotive, ships, and others. based on application. The market is segmented by source into agriculture residues, industrial waste, household waste, and others.
The hips category is expected to hold a major share in the global Bio-LNG market in 2022. Due to the low pollution created by the fuel, demand for bio-LNG has been increasing in the transportation fuel and power generating segments. Bio-LNG is a low-carbon fuel that emits far fewer greenhouse gases (GHGs) than either diesel or petrol. It can cut GHG emissions by up to 90% when compared to diesel, making it an appealing option for businesses and governments seeking to minimize their carbon footprint. Certain corporations are investing in specialized bio-LNG production and delivery infrastructure to promote bio-LNG use.
The household waste segment is projected to grow at a rapid rate in the global Bio-LNG Market. The rise of this category can be linked to government incentives and tax breaks granted by many countries to encourage the use of renewable energy and the conversion of organic waste to energy. There are various advantages to using home garbage to make bio-LNG. It aids in the diversion of waste from landfills, lowering the environmental effect and emissions connected with its disposal.
Bio-LNG production contributes to the circular economy and supports sustainable waste management practices by transforming garbage into renewable energy. The adaptability of organic industrial waste as a feedstock in the bio-LNG market is outstanding. It includes a wide range of organic elements, including food waste, agricultural wastes, and organic byproducts of industrial processes.
Europe's Bio-LNG market is expected to register the highest market share in terms of revenue in the near future. Countries such as Germany, the United Kingdom, Spain, and France are likely to have rapid expansion in the industry due to increased product demand from the transportation and power generation application sectors, supporting market growth throughout the forecast period. North America is predicted to grow rapidly, with the U.S. playing a prominent role in regional market growth.
The increased use of alternative fuels for energy generation in order to minimize greenhouse gas emissions is likely to drive the growth of the North American bio-LNG market in the coming years.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 900.6 Million |
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Revenue forecast in 2034 |
USD 5133.3 Million |
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Growth rate CAGR |
CAGR of 19.3% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Mn, Volume (Kilo Tons) and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Application And Source |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
TotalEnergies SE, Linde plc, MAKEEN Energy, Nordsol, BoxLNG Pvt. Ltd, Flogas Britain Limited, DBG Group B.V., Gasum Ltd, RUHE Biogas Service GmbH, LIQVIS GmbH, Andion Global Inc., Cycle0, Titan LNG, Alexela, EnviTec Biogas AG, Scandinavian Biogas Fuels International AB, Scale Gas Solutions, GREEN CREATE, Biomet SpA, Air Water Inc. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Bio-LNG Market Snapshot
Chapter 4. Global Bio-LNG Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Source Type Estimates & Trend Analysis
5.1. by Source Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Source Type:
5.2.1. Agriculture Residues
5.2.2. Industrial Waste
5.2.3. Household Waste
5.2.4. Others
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Application:
6.2.1. Automotive
6.2.1.1. Trucks
6.2.1.2. Buses
6.2.1.3. Others
6.2.2. Ships
6.2.3. Others
Chapter 7. Bio-LNG Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Source Type, 2021-2034
7.1.2. North America Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Application, 2021-2034
7.1.3. North America Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by country, 2021-2034
7.2. Europe
7.2.1. Europe Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Source Type, 2021-2034
7.2.2. Europe Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Application, 2021-2034
7.2.3. Europe Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by country, 2021-2034
7.3. Asia Pacific
7.3.1. Asia Pacific Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Source Type, 2021-2034
7.3.2. Asia Pacific Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Application, 2021-2034
7.3.3. Asia Pacific Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by country, 2021-2034
7.4. Latin America
7.4.1. Latin America Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Source Type, 2021-2034
7.4.2. Latin America Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Application, 2021-2034
7.4.3. Latin America Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by country, 2021-2034
7.5. Middle East & Africa
7.5.1. Middle East & Africa Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Source Type, 2021-2034
7.5.2. Middle East & Africa Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by Application, 2021-2034
7.5.3. Middle East & Africa Bio-LNG Market Revenue (US$ Million) and Volume (Kilo Tons) Estimates and Forecasts by country, 2021-2034
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. TotalEnergies SE
8.2.2. Linde plc
8.2.3. MAKEEN Energy
8.2.4. Nordsol
8.2.5. BoxLNG Pvt. Ltd
8.2.6. Flogas Britain Limited
8.2.7. DBG Group B.V.
8.2.8. Gasum Ltd
8.2.9. RUHE Biogas Service GmbH
8.2.10. LIQVIS GmbH
8.2.11. Andion Global Inc.
8.2.12. Cycle0
8.2.13. Titan LNG
8.2.14. Alexela
8.2.15. EnviTec Biogas AG
8.2.16. Scandinavian Biogas Fuels International AB
8.2.17. Scale Gas Solutions
8.2.18. GREEN CREATE
8.2.19. Biomet SpA
8.2.20. Air Water Inc.
8.2.21. Other Prominent Players
Bio-LNG Market By Application-
Bio-LNG Market By Source-
Bio-LNG Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
