North America Biogas Market Size & Outlook, 2023-2030
The biogas market in North America is expected to reach a projected revenue of US$ 9,449.2 million by 2030. A compound annual growth rate of 3% is expected of North America biogas market from 2024 to 2030.
The North America biogas market generated a revenue of USD 7,698.7 million in 2023.
The market is expected to grow at a CAGR of 3% from 2024 to 2030.
In terms of segment, municipal was the largest revenue generating source in 2023.
Industrial is the most lucrative source segment registering the fastest growth during the forecast period.
Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
Market revenue in 2023
USD 7,698.7 million
Market revenue in 2030
USD 9,449.2 million
Growth rate
3% (CAGR from 2023 to 2030)
Largest segment
Municipal
Fastest growing segment
Industrial
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, North America region accounted for 11.7% 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.
Research The demand for biogas in North America is primarily driven by the U.S. The growing demand for the product in applications, such as cooking gas, electricity, vehicle fuel, heat, and others, is expected to have a positive impact on the industry growth over the forecast period.
Adoption and innovation of new technologies to propel the production of raw materials used to generate biogas in the U.S. are expected to boost the overall growth of biogas market in the region over the forecast period.
Major factors supporting the growth of biogas market in the region include high demand for green fuels, stringent environmental regulations, and increased investment for the development of refineries.
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 72.88% in 2023.
Horizon Databook has segmented the North America biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
Research The demand for biogas in North America is primarily driven by the U.S. The growing demand for the product in applications, such as cooking gas, electricity, vehicle fuel, heat, and others, is expected to have a positive impact on the industry growth over the forecast period.
Adoption and innovation of new technologies to propel the production of raw materials used to generate biogas in the U.S. are expected to boost the overall growth of biogas market in the region over the forecast period.
Major factors supporting the growth of biogas market in the region include high demand for green fuels, stringent environmental regulations, and increased investment for the development of refineries.
North America Biogas Market Source Outlook (Revenue, USD Million , 2018-2030)
Municipal
Industrial
Agriculture
North 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 North America Biogas Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Biogas Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.