Waste to Wealth: The Booming Business of Landfill Gas in the Energy Market
Landfill Gas Market Overview: Landfills are often seen as eyesores and sources of pollution. However, these vast piles of waste can actually provide a source of energy in the form of landfill gas. Landfill gas is a renewable source of energy that can be used for a variety of purposes, including electricity generation, heating, and fuel for vehicles. Landfill Gas Market share is expected to reach USD 3178.3 Million by 2030, expanding at a compound annual growth rate (CAGR) of 8.1% during the forecast period. Landfill gas is a mixture of gases that is produced as organic waste decomposes in a landfill. The main components of landfill gas are methane and carbon dioxide, with small amounts of other gases such as nitrogen, oxygen, and hydrogen. Methane is a potent greenhouse gas that is responsible for approximately 20% of global warming, so capturing and utilizing landfill gas can help to reduce greenhouse gas emissions. The landfill gas industry has been growing rapidly in recent yea...