A quick peek into the report
Table of Contents
1.1 Trends: Current and Future Impact Assessment
1.1.1 Favorable Government Policies Supporting Bio-LNG Production
1.1.2 Rise in Fossil Fuel-Based Alternative Price
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.1.1 North America
1.2.1.2 Europe
1.2.1.3 Asia-Pacific
1.2.1.4 Rest-of-the-World
1.3 Regulatory Landscape/ Ecosystem/Ongoing Programs
1.3.1 Consortiums and Associations
1.3.2 Regulatory Bodies
1.3.3 Government Programs
1.3.4 Programs by Research Institutions and Universities
1.4 Research and Development Review
1.4.1 Patent Filing Trend by Country and by Company
1.5 Stakeholder Analysis
1.5.1 Use Case
1.5.2 End User and Buying Criteria
1.6 Impact Analysis for Key Global Events
1.7 Market Dynamics Overview
1.7.1 Market Drivers
1.7.2 Market Restraints
1.7.3 Market Opportunities
1.8 Comparative Analysis of Bio-LNG and its Substitutes
1.8.1 Cost Of Production
1.8.2 Price Parity Analysis
1.8.2.1 Pricing Forecast
1.8.2.2 Possible Reduction in Feedstock Costs
1.9 Snapshot of Green Methanol Market, 2022-2031
1.9.1 Leading Countries in the Green Methanol Market
1.9.2 Leading Companies in Green Methanol Market
1.9.3 Green Methanol Projections
1.10 Bio-LNG Production Capacities in Europe, TWh and Number of Plants, 2017-2025
1.11 Start-Up Landscape
1.11.1 Key Start-Ups in the Ecosystem
2.1 Application Segmentation
2.2 Application Summary
2.3 Bio-LNG Market (by Application), Value($Million) and Volume (TWh), 2024-2034
2.3.1 Automotive
2.3.1.1 Trucks
2.3.1.2 Buses
2.3.1.3 Others
2.3.2 Ships
2.3.3 Others
3.1 Product Segmentation
3.2 Product Summary
3.3 Bio-LNG Market (by Source), Value($Million) and Volume (TWh), 2024-2034
3.3.1 Agricultural Residues
3.3.2 Industrial Waste
3.3.3 Household Waste
3.3.4 Others
4.1 Bio-LNG Market (by Region)
4.2 North America
4.2.1 Regional Overview
4.2.2 Driving Factors for Market Growth
4.2.3 Factors Challenging the Market
4.2.4 Application
4.2.5 Product
4.2.6 North America Bio-LNG Market (by Country)
4.2.6.1 U.S.
4.2.6.1.1 Application
4.2.6.1.2 Product
4.2.6.2 Canada
4.2.6.2.1 Application
4.2.6.2.2 Product
4.2.6.3 Mexico
4.2.6.3.1 Application
4.2.6.3.2 Product
4.3 Europe
4.3.1 Regional Overview
4.3.2 Driving Factors for Market Growth
4.3.3 Factors Challenging the Market
4.3.4 Application
4.3.5 Product
4.3.6 Europe Bio-LNG Market (by Country)
4.3.6.1 Germany
4.3.6.1.1 Application
4.3.6.1.2 Product
4.3.6.2 Italy
4.3.6.2.1 Application
4.3.6.2.2 Product
4.3.6.3 Netherlands
4.3.6.3.1 Application
4.3.6.3.2 Product
4.3.6.4 France
4.3.6.4.1 Application
4.3.6.4.2 Product
4.3.6.5 Sweden
4.3.6.5.1 Application
4.3.6.5.2 Product
4.3.6.6 Norway
4.3.6.6.1 Application
4.3.6.6.2 Product
4.3.6.7 Finland
4.3.6.7.1 Application
4.3.6.7.2 Product
4.3.6.8 U.K.
4.3.6.8.1 Application
4.3.6.8.2 Product
4.3.6.9 Belgium
4.3.6.9.1 Application
4.3.6.9.2 Product
4.3.6.10 Rest-of-Europe
4.3.6.10.1 Application
4.3.6.10.2 Product
4.4 Asia-Pacific
4.4.1 Regional Overview
4.4.2 Driving Factors for Market Growth
4.4.3 Factors Challenging the Market
4.4.4 Application
4.4.5 Product
4.4.6 Asia-Pacific Bio-LNG Market (by Country)
4.4.6.1 China
4.4.6.1.1 Application
4.4.6.1.2 Product
4.4.6.2 Japan
4.4.6.2.1 Application
4.4.6.2.2 Product
4.4.6.3 India
4.4.6.3.1 Application
4.4.6.3.2 Product
4.4.6.4 South Korea
4.4.6.4.1 Application
4.4.6.4.2 Product
4.4.6.5 Australia
4.4.6.5.1 Application
4.4.6.5.2 Product
4.4.6.6 Rest-of-Asia-Pacific
4.4.6.6.1 Application
4.4.6.6.2 Product
4.5 Rest-of-the-World
4.5.1 Regional Overview
4.5.2 Driving Factors for Market Growth
4.5.3 Factors Challenging the Market
4.5.4 Application
4.5.5 Product
4.5.6 Rest-of-the-World Bio-LNG Market (by Region)
4.5.6.1 South America
4.5.6.1.1 Application
4.5.6.1.2 Product
4.5.6.2 Middle East and Africa
4.5.6.2.1 Application
4.5.6.2.2 Product
5.1 Next Frontiers
5.2 Geographic Assessment
5.2.1 Company Profiles
5.2.2 TotalEnergies SE
5.2.2.1 Overview
5.2.2.2 Top Products/Product Portfolio
5.2.2.3 Top Competitors
5.2.2.4 Target Customers
5.2.2.5 Key Personnel
5.2.2.6 Analyst View
5.2.2.7 Market Share
5.2.3 Linde plc
5.2.3.1 Overview
5.2.3.2 Top Products/Product Portfolio
5.2.3.3 Top Competitors
5.2.3.4 Target Customers
5.2.3.5 Key Personnel
5.2.3.6 Analyst View
5.2.3.7 Market Share
5.2.4 MAKEEN Energy
5.2.4.1 Overview
5.2.4.2 Top Products/Product Portfolio
5.2.4.3 Top Competitors
5.2.4.4 Target Customers
5.2.4.5 Key Personnel
5.2.4.6 Analyst View
5.2.4.7 Market Share
5.2.5 Nordsol
5.2.5.1 Overview
5.2.5.2 Top Products/Product Portfolio
5.2.5.3 Top Competitors
5.2.5.4 Target Customers
5.2.5.5 Key Personnel
5.2.5.6 Analyst View
5.2.5.7 Market Share
5.2.6 BoxLNG Pvt. Ltd
5.2.6.1 Overview
5.2.6.2 Top Products/Product Portfolio
5.2.6.3 Top Competitors
5.2.6.4 Target Customers
5.2.6.5 Key Personnel
5.2.6.6 Analyst View
5.2.6.7 Market Share
5.2.7 Flogas Britain Limited
5.2.7.1 Overview
5.2.7.2 Top Products/Product Portfolio
5.2.7.3 Top Competitors
5.2.7.4 Target Customers
5.2.7.5 Key Personnel
5.2.7.6 Analyst View
5.2.7.7 Market Share
5.2.8 DBG Group B.V.
5.2.8.1 Overview
5.2.8.2 Top Products/Product Portfolio
5.2.8.3 Top Competitors
5.2.8.4 Target Customers
5.2.8.5 Key Personnel
5.2.8.6 Analyst View
5.2.8.7 Market Share
5.2.9 Gasum Ltd
5.2.9.1 Overview
5.2.9.2 Top Products/Product Portfolio
5.2.9.3 Top Competitors
5.2.9.4 Target Customers
5.2.9.5 Key Personnel
5.2.9.6 Analyst View
5.2.9.7 Market Share
5.2.10 RUHE Biogas Service GmbH
5.2.10.1 Overview
5.2.10.2 Top Products/Product Portfolio
5.2.10.3 Top Competitors
5.2.10.4 Target Customers
5.2.10.5 Key Personnel
5.2.10.6 Analyst View
5.2.10.7 Market Share
5.2.11 LIQVIS GmbH
5.2.11.1 Overview
5.2.11.2 Top Products/Product Portfolio
5.2.11.3 Top Competitors
5.2.11.4 Target Customers
5.2.11.5 Key Personnel
5.2.11.6 Analyst View
5.2.11.7 Market Share
5.2.12 Andion Global Inc
5.2.12.1 Overview
5.2.12.2 Top Products/Product Portfolio
5.2.12.3 Top Competitors
5.2.12.4 Target Customers
5.2.12.5 Key Personnel
5.2.12.6 Analyst View
5.2.12.7 Market Share
5.2.13 Titan LN
5.2.13.1 Overview
5.2.13.2 Top Products/Product Portfolio
5.2.13.3 Top Competitors
5.2.13.4 Target Customers
5.2.13.5 Key Personnel
5.2.13.6 Analyst View
5.2.13.7 Market Share
5.2.14 Scandinavian Biogas Fuels International AB
5.2.14.1 Overview
5.2.14.2 Top Products/Product Portfolio
5.2.14.3 Top Competitors
5.2.14.4 Target Customers
5.2.14.5 Key Personnel
5.2.14.6 Analyst View
5.2.14.7 Market Share
5.2.15 Biomet SpA
5.2.15.1 Overview
5.2.15.2 Top Products/Product Portfolio
5.2.15.3 Top Competitors
5.2.15.4 Target Customers
5.2.15.5 Key Personnel
5.2.15.6 Analyst View
5.2.15.7 Market Share
5.2.16 Chart Industries
5.2.16.1 Overview
5.2.16.2 Top Products/Product Portfolio
5.2.16.3 Top Competitors
5.2.16.4 Target Customers
5.2.16.5 Key Personnel
5.2.16.6 Analyst View
5.2.16.7 Market Share
5.3 List of Other Key Companies
Table 1: Market Snapshot
Table 2: Opportunities across Region
Table 3: Trends Overview
Table 4: Bio-LNG Market Pricing Forecast, 2024-2034
Table 5: Application Summary (by Application)
Table 6: Product Summary (by Product)
Table 7: Bio-LNG Market (by Region), $Million, 2024-2034
Table 8: North America Bio-LNG Market (by Application), $Million, 2024-2034
Table 9: North America Bio-LNG Market (by Product), $Million, 2024-2034
Table 10: U.S. Bio-LNG Market (by Application), $Million, 2024-2034
Table 11: U.S. Bio-LNG Market (by Product), $Million, 2024-2034
Table 12: Canada Bio-LNG Market (by Application), $Million, 2024-2034
Table 13: Canada Bio-LNG Market (by Product), $Million, 2024-2034
Table 14: Mexico Bio-LNG Market (by Application), $Million, 2024-2034
Table 15: Mexico Bio-LNG Market (by Product), $Million, 2024-2034
Table 16: Europe Bio-LNG Market (by Application), $Million, 2024-2034
Table 17: Europe Bio-LNG Market (by Product), $Million, 2024-2034
Table 18: Germany Bio-LNG Market (by Application), $Million, 2024-2034
Table 19: Germany Bio-LNG Market (by Product), $Million, 2024-2034
Table 20: Italy Bio-LNG Market (by Application), $Million, 2024-2034
Table 21: Italy Bio-LNG Market (by Product), $Million, 2024-2034
Table 22: Netherlands (by Application), $Million, 2024-2034
Table 23: Netherlands (by Product), $Million, 2024-2034
Table 24: France Bio-LNG Market (by Application), $Million, 2024-2034
Table 25: France Bio-LNG Market (by Product), $Million, 2024-2034
Table 26: Sweden Bio-LNG Market (by Application), $Million, 2024-2034
Table 27: Sweden Bio-LNG Market (by Product), $Million, 2024-2034
Table 28: Norway Bio-LNG Market (by Application), $Million, 2024-2034
Table 29: Norway Bio-LNG Market (by Product), $Million, 2024-2034
Table 30: Finland Bio-LNG Market (by Application), $Million, 2024-2034
Table 31: Finland Bio-LNG Market (by Product), $Million, 2024-2034
Table 32: U.K. Bio-LNG Market (by Application), $Million, 2024-2034
Table 33: U.K. Bio-LNG Market (by Product), $Million, 2024-2034
Table 34: Belgium Bio-LNG Market (by Application), $Million, 2024-2034
Table 35: Belgium Bio-LNG Market (by Product), $Million, 2024-2034
Table 36: Rest-of-Europe Bio-LNG Market (by Application), $Million, 2024-2034
Table 37: Rest-of-Europe Bio-LNG Market (by Product), $Million, 2024-2034
Table 38: Asia-Pacific Bio-LNG Market (by Application), $Million, 2024-2034
Table 39: Asia-Pacific Bio-LNG Market (by Product), $Million, 2024-2034
Table 40: China Bio-LNG Market (by Application), $Million, 2024-2034
Table 41: China Bio-LNG Market (by Product), $Million, 2024-2034
Table 42: Japan Bio-LNG Market (by Application), $Million, 2024-2034
Table 43: Japan Bio-LNG Market (by Product), $Million, 2024-2034
Table 44: India Bio-LNG Market (by Application), $Million, 2024-2034
Table 45: India Bio-LNG Market (by Product), $Million, 2024-2034
Table 46: South Korea Bio-LNG Market (by Application), $Million, 2024-2034
Table 47: South Korea Bio-LNG Market (by Product), $Million, 2024-2034
Table 48: Australia Bio-LNG Market (by Application), $Million, 2024-2034
Table 49: Australia Bio-LNG Market (by Product), $Million, 2024-2034
Table 50: Rest-of-Asia-Pacific Bio-LNG Market (by Application), $Million, 2024-2034
Table 51: Rest-of-Asia-Pacific Bio-LNG Market (by Product), $Million, 2024-2034
Table 52: Rest-of-the-World Bio-LNG Market (by Application), $Million, 2024-2034
Table 53: Rest-of-the-World Bio-LNG Market (by Product), $Million, 2024-2034
Table 54: South America Bio-LNG Market (by Application), $Million, 2024-2034
Table 55: South America Bio-LNG Market (by Product), $Million, 2024-2034
Table 56: Middle East and Africa Bio-LNG Market (by Application), $Million, 2024-2034
Table 57: Middle East and Africa Bio-LNG Market (by Product), $Million, 2024-2034
Table 58: Market Share
Figure 1: Bio-LNG Market (by Scenario), $Billion, 2025, 2028, and 2034
Figure 2: Bio-LNG Market (by Region), $Million, 2024, 2027, and 2034
Figure 3: Bio-LNG Market (by Application), $Million, 2024, 2027, and 2034
Figure 4: Bio-LNG Market (by Product), $Million, 2024, 2027, and 2034
Figure 5: Competitive Landscape Snapshot
Figure 6: Supply Chain Analysis
Figure 7: Value Chain Analysis
Figure 8: Patent Analysis (by Country), January 2021-April 2025
Figure 9: Patent Analysis (by Company), January 2021-April 2025
Figure 10: Impact Analysis of Market Navigating Factors, 2024-2034
Figure 11: U.S. Bio-LNG Market, $Million, 2024-2034
Figure 12: Canada Bio-LNG Market, $Million, 2024-2034
Figure 13: Mexico Bio-LNG Market, $Million, 2024-2034
Figure 14: Germany Bio-LNG Market, $Million, 2024-2034
Figure 15: Italy Bio-LNG Market, $Million, 2024-2034
Figure 16: Netherlands Bio-LNG Market, $Million, 2024-2034
Figure 17: France Bio-LNG Market, $Million, 2024-2034
Figure 18: Sweden Bio-LNG Market, $Million, 2024-2034
Figure 19: Norway Bio-LNG Market, $Million, 2024-2034
Figure 20: Finland Bio-LNG Market, $Million, 2024-2034
Figure 21: U.K. Bio-LNG Market, $Million, 2024-2034
Figure 22: Belgium Bio-LNG Market, $Million, 2024-2034
Figure 23: Rest-of-Europe Bio-LNG Market, $Million, 2024-2034
Figure 24: China Bio-LNG Market, $Million, 2024-2034
Figure 25: Japan Bio-LNG Market, $Million, 2024-2034
Figure 26: India Bio-LNG Market, $Million, 2024-2034
Figure 27: South Korea Bio-LNG Market, $Million, 2024-2034
Figure 28: Australia Bio-LNG Market, $Million, 2024-2034
Figure 29: Rest-of-Asia-Pacific Bio-LNG Market, $Million, 2024-2034
Figure 30: South America Bio-LNG Market, $Million, 2024-2034
Figure 31: Middle East and Africa Bio-LNG Market, $Million, 2024-2034
Figure 32: Strategic Initiatives (by Company), 2021-2025
Figure 33: Share of Strategic Initiatives, 2021-2025
Figure 34: Data Triangulation
Figure 35: Top-Down and Bottom-Up Approach
Figure 36: Assumptions and Limitations
Bio-LNG Market Report Coverage
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Bio-LNG Market |
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Base Year |
2024 |
Market Size in 2025 |
$XX Million |
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Forecast Period |
2025-2035 |
Value Projection and Estimation by 2035 |
$XX Million |
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CAGR During Forecast Period |
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Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts, analyzing company coverage, product portfolio, and market penetration.
The global bio-LNG market has been segmented by different application, among which automotive captured around 66% of the market as of 2024, ships accounted for around 29%, and other end-use industries accounted for around 5% of the total demand in 2024 in terms of value.
Some of the prominent established names in this market are:
Company Type 1 (by Source): Animal Waste
• Agricultural Residues
• Industrial Waste
• Household Waste
• Others
Company Type 2 (by Source): Agriculture Waste
• EnviTec Biogas AG
• Alexela
• Titan LNG
• Cycle0
• Andion Global Inc.
• Gasum Ltd.
• Flogas Britain Limited
• Others
Company Type 3 (by Source): Others
• Gasum Ltd.
• Others
Companies that are not a part of the previously mentioned pool have been well represented across different sections of the report (wherever applicable).
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader to understand the different sources involved in producing bio-LNG. Moreover, the study provides the reader with a detailed understanding of the global bio-LNG market based on the application (automotive, ships, and others). Bio-LNG is gaining traction in different applications on the back of sustainability concerns and less nitrogen oxide emissions. They are also being used for controlling greenhouse gas (GHG) emissions.
Growth/Marketing Strategy: The global bio-LNG market has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favored strategy for the companies has been product developments, business expansions, and acquisitions to strengthen their position in the global bio-LNG market. For instance, in October 2022, Titan LNG announced a plan to produce around 200,000 tons of bio-LNG annually. At its location in the port of Amsterdam, Titan LNG is expected to construct and run the bio-LNG plant, enabling delivery to ships and trucks.
Competitive Strategy: Key players in the global bio-LNG market analyzed and profiled in the study involve bio-LNG manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the global bio-LNG market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Global Bio-LNG Market: Industry Overview Â
The demand for bio-LNG is anticipated to grow with the increasing demand from end-use industries such as automotives, ships, and others. Furthermore, it is anticipated that during the projected period of 2025-2034, there will be an increasing adoption of bio-LNG in the automobile industry, and several governments are expected to implement policies and incentives to encourage the production and use of bio-LNG in various regions. For instance, the European Union has been setting targets to increase the use of renewable energy in the transport sector. In addition, the European Union has introduced the Alternative Fuels Infrastructure Directive, which aims to support the development of infrastructure for alternative fuels such as bio-LNG, green hydrogen, hydrotreated vegetable oil, and green methanol. However, the high cost of bio-LNG as compared to LNG is anticipated to hinder market growth in the future.
Market Lifecycle Stage
The global bio-LNG market is in the growth phase. Rising sales of vehicles and increasing focus on decarbonization and controlling pollutants are expected to boost the market growth. Furthermore, the increasing numbers of LNG trucks and rising environmental concerns are creating significant growth opportunities for bio-LNG. Bio-LNG is an inexhaustible substitute for conventional fuel and is one of the best options to meet the rising need for energy while reducing greenhouse gas emissions. Therefore, owing to the aforementioned factors, its demand is increasing. Moreover, the global bio-LNG market is expected to benefit from favorable government policies, which are expected to promote market expansion. The requirement for bio-LNG is being stimulated by ships as well.
Industrial Impact
• Growing demand for decarbonization is the main driving force behind the growing consumer interest in bio-LNG. As a result, these fuels are getting prominence in a variety of industries, including buses, trucks, ships, and others. One area where their implementation has been significantly greater is trucks and ships, which is expected to create opportunities for both existing market participants and market entrants.
• Furthermore, bio-LNG has a moderate to high impact on end-user industries; however, in the upcoming future, with increased production of automobiles, ships, and other applications, the impact is anticipated to increase.
Market Segmentation:
Segmentation 1: by Application
• Automotive
• Ships
• Others
Based on application, automotive led the global bio-LNG market in terms of value in 2024.
Segmentation 2: by Source
• Agriculture Residues
• Industrial Waste
• Household Waste
• Others
The global bio-LNG market was led by agriculture residues in terms of source by value in 2024.
Segmentation 4: by Region
• North America – U.S., Canada, and Mexico
• Europe – Germany, U.K., France, Netherlands, Italy, Scandinavian, and Rest-of-Europe
• Asia-Pacific and Japan – China, Japan, India, South Korea, Australia, and Rest-of-Asia-Pacific and Japan
• Rest-of-the-World– South America, and Middle East and Africa
In the global bio-LNG market, Europe dominates the market owing to several bio-LNG production facilities already operational and more in the pipeline. This is due to several factors, including the strong regulatory support for renewable energy and decarbonization in the region, the availability of feedstocks for bio-LNG production, and the high demand for low-carbon fuels in the transportation and shipping sectors.
Recent Developments in the Global Bio-LNG Market
• In February 2023, GREEN CREATE built manure-fed biomethane production facilities in Wijster, Netherlands. The plant produces renewable natural gas (RNG) from agricultural waste, specifically manure that can be further upgraded to bio-LNG, which can then be used as a low-carbon fuel in the transportation sector.
• In February 2023, Liqvis announced migration to bio-LNG for heavy-duty transportation starting in 2023 as it broadens its range of bio-LNG suppliers. Beginning in mid-2023, Liqvis would gradually migrate to CO2-neutral bio-LNG and sell it as a substitute fuel at its refueling facilities.
• In April 2023, the U.K.'s largest owner of bio-CNG and bio-LNG plants, Nottingham-based Roadgas, recently transferred its assets to Pretoria Energy Group, which is funded by Mercuria Clean Energy Investments. Roadgas provides customized on-site fuelling options using biomethane made in the U.K. Within five years, the firm aims to power more than 2,500 gas-fuelled trucks annually.
Demand – Drivers and Limitations
The following are the demand drivers for the global bio-LNG market:
• Rising Environmental Concerns
• Increasing Number of LNG Trucks
The market is expected to face some limitations as well due to the following challenges:
• Limited Availability of Feedstocks
• High Price of Bio-LNG as Compared to LNG
Analyst View
According to Debraj Chakraborty, Principal Analyst, BIS Research, “Bio-LNG has gained growth in recent years due to a growing emphasis on environmentally friendly fuels. Due to lower CO2 emissions as compared to other diesel, and significantly fewer particulate matter emissions, bio-LNG is distinctive in many ways. In addition to enabling consumers the opportunity to have net-zero emission transportation at reasonable and accessible costs without negatively impacting efficiency, bio-LNG may assist truck drivers and fleet managers economically and environmentally. Furthermore, due to less disruptive engine operation and less nitrogen oxide (NOX), the market is anticipated to expand quickly during the forecast period.”
Bio-LNG Market - A Global and Regional Analysis
Focus on Application, Source, and Region - Analysis and Forecast, 2025-2034
Frequently Asked Questions
Ans: Bio-LNG is a renewable and low-carbon fuel that is derived from biodegradable waste materials such as agricultural and municipal waste, industrial and household waste, and so on. The process of producing bio-LNG involves converting biodegradable waste into biomethane, which is then liquefied to form bio-LNG. Bio-LNG has similar characteristics to conventional liquefied natural gas (LNG) and can be used as a direct replacement for LNG in existing infrastructure and engines. However, bio-LNG has the advantage of being a renewable fuel with lower greenhouse gas emissions than conventional LNG.
Ans: The demand for bio-LNG for automotives is anticipated to increase in the coming years and fuel the growth of the bio-LNG market due to the increasing number of government initiatives and the growing emphasis on reducing carbon emissions and achieving carbon neutrality. Moreover, the rising demand for green fuels is further expected to broaden growth prospects for the global bio-LNG market.
Ans: Bio-LNG has seen major developments by key players operating in the market, such as business expansions, partnerships, collaborations, and joint ventures. According to BIS Research analysis, most of the companies preferred partnerships, collaborations, mergers and acquisitions, and joint ventures as a strategy to further increase their growth in the global bio-LNG market. Companies such as Shell, Titan LNG, MAKEEN Energy, and others have majorly adopted the strategies such as partnerships, collaborations, and joint ventures.
Ans: A new entrant can focus on providing bio-LNG derived from agricultural residues in end-use sectors such as automobiles and ships, among other industries, due to the high demand and adoption of bio-LNG for these applications worldwide.
Ans: The following can be termed as some of the USPs of the report:
• Extensive competitive benchmarking of 20 key players to offer a holistic view of the global bio-LNG market landscape
• Market segregation based on source and end user
• Investment landscape, including product adoption scenario, funding, and patent analysis
• Impact of the Russia-Ukraine Conflict on the bio-LNG market
• Comparative analysis of bio-LNG and its substitutes
• Snapshot of green methanol market
Ans: The companies that produce and commercialize bio-LNG, end-use sectors, research institutions, and regulatory bodies involved in the global bio-LNG market should buy this report.