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Report overview
The global Renewable Natural Gas market was valued at US$ 5307 million in 2022 and is projected to reach US$ 62110 million by 2029, at a CAGR of 42.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Renewable Natural Gas (RNG), also known as Sustainable Natural Gas (SNG) or biomethane, is a biogas which has been upgraded to a quality similar to fossil natural gas and having a methane concentration of 90% or greater. A biogas is a gaseous form of methane obtained from biomass. By upgrading the quality to that of natural gas, it becomes possible to distribute the gas to customers via the existing gas grid within existing appliances.
This report aims to provide a comprehensive presentation of the global market for Renewable Natural Gas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Renewable Natural Gas. This report contains market size and forecasts of Renewable Natural Gas in global, including the following market information:
Global key players of Renewable Natural Gas include Clean Energy Fuels, Archaea Energy, etc. Global top 3 companies hold a share about 30%. North America is the largest market, with a share over 40%, followed by Europe and Asia Pacific with the share about 40% and 15%. In terms of product, Agriculture Type is the largest segment, with a share about 60%. And in terms of application, the largest application is Gas Grid, with a share over 50%.
We surveyed the Renewable Natural Gas manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Renewable Natural Gas Market, by Source, 2018-2023, 2024-2029 ($ Millions) & (Million m3)
Global Renewable Natural Gas Market Segment Percentages, by Source, 2022 (%)
Global Renewable Natural Gas Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Million m3)
Global Renewable Natural Gas Market Segment Percentages, by Application, 2022 (%)
Global Renewable Natural Gas Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Million m3)
Global Renewable Natural Gas Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Renewable Natural Gas revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Renewable Natural Gas revenues share in global market, 2022 (%)
Key companies Renewable Natural Gas sales in global market, 2018-2023 (Estimated), (Million m3)
Key companies Renewable Natural Gas sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: