Synthetic Natural Gas Market – Global Forecast to 2029
合成天然ガス市場 : 原料 (石炭、バイオマス、再生可能エネルギー)、テクノロジー (嫌気性消化と発酵、熱ガス化、電力からガスへの変換、流動床ガス化装置、噴流ガス化装置)、用途と地域 – 2029年までの世界予測
Synthetic Natural Gas Market by Source (Coal, Biomass, Renewable Energy), Technology (Anaerobic Digestion & Fermentation, Thermal Gasification, Power to Gas, Fluidized bed gasifier, Entrained flow gasifier), Application & Region – Global Forecast to 2029
The global Synthetic natural gas market is estimated to grow from USD 23.9 billion in 2024 to USD 68.4 billion by 2029; it is expected to record a CAGR of 23.4% during the forecast period.
世界の合成天然ガス市場は、2024 年の 239 億米ドルから 2029 年までに 684 億米ドルに成長すると推定されています。予測期間中に 23.4% の CAGR を記録すると予想されます。
Government mandates and incentives promoting renewable energy sources, including synthetic natural gas, drive the demand for synthetic natural gas infrastructure.
Key Benefits of Buying the Report
• Government initiatives at the national and international levels amplify the impact of investment on the synthetic natural gas market. Robust policy frameworks, often accompanied by financial incentives, subsidies, and regulatory support, encourage widespread adoption of synthetic natural gas. Factors such as high initial cost and lack of infrastructure restrain the growth of the market. The growing energy transition towards renewable energy sources and rapid urbanization are expected to present lucrative opportunities for the players operating in the synthetic natural gas.
• Product Development/ Innovation: The synthetic natural gas market is witnessing significant product development and innovation, driven by the growing demand for environmentally friendly, safe and sustainable products. Companies are investing in developing advanced synthetic natural gas technologies for various applications.
• Market Development: Air Liquide collaborated with Dentro il Sole (DIS) to operate as an electrical contractor for constructing two biomethane production units in Italy. These units have a production capacity of 50 GWh per year.
• Market Diversification Basin Electric Power Cooperative plans to construct up to 583 megawatts of natural gas generation plant under its subsidiary Dakota Gasification Company near the existing Pioneer Generation Station, northwest of Williston, North Dakota..
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, like include Basin Electric Power Cooperative (US), Air Liquide (France), EnviTec Biogas AG (Germany), Verbio SE (Germany), and Kinder Morgan (US), among others in the synthetic natural gas market.