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Renewable Natural gas Market
Renewable Natural gas market to be valued at USD 14.03 Bn in 2024 and is expected to reach USD 24.23 Bn by 2031, exhibiting (CAGR) of 8.1% from 2024 to 2031.
BURLINGAME, CA, UNITED STATES, September 23, 2024 /EINPresswire / -- The latest market intelligence report published by CMI with the title "Global
renewable Natural Gas Market 2024, Growth Opportunities, and Forecast" provides actionable insights on
energy industry. The report provides demand analysis,
industry insights, competitive intelligence, and customer database.
The Research report on Renewable Natural Gas Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
Key takeaways
1. Significant Market Growth and Demand: The Renewable Natural Gas market is witnessing rapid growth, fueled by an increasing global focus on sustainability and carbon neutrality. As governments and corporations commit to reducing greenhouse gas emissions, RNG presents a viable solution for achieving these targets. The market is expected to expand significantly in the coming years, driven by rising demand in sectors such as transportation, residential heating, and industrial applications. This growth is further supported by favorable policies and incentives aimed at promoting renewable energy sources.
2. Diverse Feedstock Utilization: RNG can be produced from a wide range of organic materials, including agricultural residues, food waste, municipal solid waste, and wastewater. This diversity not only helps reduce landfill waste but also allows for localized production, enhancing energy security. The ability to utilize various feedstocks makes RNG a flexible and adaptable energy source, catering to different regional resources and agricultural practices. This variability also helps mitigate supply chain risks associated with reliance on a single feedstock.
3. Technological Innovations Driving Efficiency: Advances in technology are significantly enhancing the efficiency and cost-effectiveness of RNG production. Techniques such as anaerobic digestion, gasification, and upgrading processes are continuously improving. Innovations in biogas purification and carbon capture are making RNG production more viable and environmentally friendly. These technological developments are crucial in lowering production costs, making RNG more competitive with traditional natural gas, and increasing overall production capacity.
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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2031, Y-o-Y growth rate, and CAGR):
. Feedstock Insights (Revenue, USD Bn, 2019 - 2031)
Landfill
Wastewater Treatment
Agricultural Waste
Others
. Application Insights (Revenue, USD Bn, 2019 - 2031)
Vehicle Fuel
Power Generation
Pipeline Injection
Others
. Distribution Channel Insights (Revenue, USD Bn, 2019 - 2031)
Supermarkets/Hypermarkets
Online Retail
Specialty Stores
Pharmacies/Drugstores
. By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report:
. Clean Energy Fuels Corp.
. Biomethane Technologies
. Fortistar
. Waste Management Inc.
. Renewable Energy Group Inc.
. Duke Energy
. EnviTec Biogas AG
. Brightmark Energy
. Aqua America Inc.
. Gasrec
. CNG Services Ltd.
. Calgren Renewable Fuels
. Cypress Creek Renewables
. RNG Energy Solutions
. Greenlane Biogas
. Sustainable Energy Solutions
. Xebec Adsorption Inc.
. Agraferm Technologies AG
. Ecovyst Inc.
. Air Products and Chemicals Inc.
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Deep-dive Analysis:
The Report provides deep-dive qualitative and quantitative analysis on Renewable Natural Gas Market for all the regions and countries covered below:
. North America (the United States, Canada, and Mexico)
. Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
. Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
. South America (Brazil, Argentina, and Rest of South America)
. Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
. Each Country is covered in detail, and report provides qualitative and quantitative analysis on Renewable Natural Gas Market on each country.
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Renewable Natural Gas market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Renewable Natural Gas market?
4. What are the prominent market trends influencing the development of the Renewable Natural Gas market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Renewable Natural Gas market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
Key insights provided by the report that could help you take critical strategic decisions?
. Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
. Reports provide opportunities and threats faced by suppliers in the Renewable Natural Gas and tubes industry around the world.
. The report shows regions and sectors with the fastest growth potential.
. A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
. The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
. This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
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