Latin America Biogas Market Size & Outlook, 2023-2030
- Energy & Power
- Renewable Energy
- Biogas Market Outlook
- Renewable Energy
Latin America Biogas Market, 2018-2030 (US$M)
Global Market
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Latin America biogas market highlights
- The Latin America biogas market generated a revenue of USD 3,754.6 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, municipal was the largest revenue generating source in 2023.
- Municipal is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3,754.6 million |
| Market revenue in 2030 | USD 5,807.1 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Municipal |
| Fastest growing segment | Municipal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Municipal, Industrial, Agriculture |
| Key market players worldwide | Viessmann, Air Liquide SA, Homebiogas, Xebec Adsorption, DMT Clear Gas Solutions, PlanET-Biogas, Biokraft International, TotalEnergies SE |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.7% of the global biogas market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 5,807.1 million by 2030.
The demand for biogas in the region is primarily driven by Brazil, which accounts for the highest share in feedstock production amongst the Central & South America (CSA) countries. The major factors behind considerable growth of the CSA biogas market' include increasing government initiatives toward energy security and energy independence.
Moreover, high dependence on depleting fossil fuels has compelled governments in the region to look for their alternatives. Moreover, the biogas market is expected to witness growth owing to the continuing improvement in the quality of biogas to bio-methane for injection into natural gas pipelines or usage as a motor fuel.
Landfill gas, which is a natural consequence of garbage decomposition, is a type of greenhouse gas. The plant, which is located near a Rumpke Waste and Recycling dump, absorbs gas and transforms it to power, heat, or renewable natural gas.
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Biogas Market Scope
Biogas Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TotalEnergies SE | View profile | 100,000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | www.totalenergies.com |
| Air Liquide SA | View profile | 67,800 | 75, Quai d'Orsay, Paris, France, 75007 | www.airliquide.com |
| Viessmann | View profile | 10001+ | Allendorf-eder, Hessen, Germany, Europe | www.viessmann.de |
| Homebiogas | View profile | 51-100 | Beit Yanai, HaMerkaz, Israel, Asia | www.homebiogas.com/ |
| Xebec Adsorption | View profile | 51-100 | Blainville, Quebec, Canada, North America | xebecinc.com |
| DMT Clear Gas Solutions | View profile | 11-50 | Tualatin, Oregon, United States, North America | www.dmt-cgs.com/ |
| PlanET-Biogas | View profile | 251-500 | Banbury, Oxfordshire, United Kingdom, Europe | www.planet-biogas.co.uk/ |
| Biokraft International | View profile | 101-250 | Stockholm, Stockholms Lan, Sweden, Europe | www.biokraft.com/ |
Latin America Biogas Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Biogas Market Outlook will help companies and investors design strategic landscapes.
Municipal was the largest segment with a revenue share of 40.92% in 2023.
Horizon Databook has segmented the Latin America biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for biogas in the region is primarily driven by Brazil, which accounts for the highest share in feedstock production amongst the Central & South America (CSA) countries. The major factors behind considerable growth of the CSA biogas market' include increasing government initiatives toward energy security and energy independence.
Moreover, high dependence on depleting fossil fuels has compelled governments in the region to look for their alternatives. Moreover, the biogas market is expected to witness growth owing to the continuing improvement in the quality of biogas to bio-methane for injection into natural gas pipelines or usage as a motor fuel.
Landfill gas, which is a natural consequence of garbage decomposition, is a type of greenhouse gas. The plant, which is located near a Rumpke Waste and Recycling dump, absorbs gas and transforms it to power, heat, or renewable natural gas.
- Latin America Biogas Market Source Outlook (Revenue, USD Million , 2018-2030)
- Municipal
- Industrial
- Agriculture
- Latin America Biogas Market Applications Outlook (Revenue, USD Million , 2018-2030)
- Vehicle Fuel
- Electricity
- Heat
- Upgraded Biogas
- Cooking gas
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Biogas Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Biogas Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Biogas Market, 2018-2030 (US$M)
Latin America biogas market statistics, by source, 2018-2030 (US$M)
