Renewable Natural Gas Market Size, Share 2023
The global Renewable Natural Gas market was valued at US$ 5307 million in 2022 and is projected to reach US$ 4572.6 million by 2029, at a CAGR of -2.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Renewable Natural Gas market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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The China market for Global Renewable Natural Gas market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Renewable Natural Gas market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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 Renewable Natural Gas Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Renewable Natural Gas Market Sales, 2018-2023, 2024-2032, (Kiloton)
Global top five Renewable Natural Gas companies in 2022 (%)
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 Type, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)
Global Renewable Natural Gas Market Segment Percentages, by Type, 2022 (%)
Originated From Agricultural Waste & Biomass
Originated From Synthetic Natural Gas
Global Renewable Natural Gas Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)
Global Renewable Natural Gas Market Segment Percentages, by Application, 2022 (%)
Building
Industry
Power Plant
Other
Global Renewable Natural Gas Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Kiloton)
Global Renewable Natural Gas Market Segment Percentages, By Region and Country, 2022 (%)
