The market growth is attributed to the increasing Innovation in waste management and a rise in government efforts to spend heavily on the development of renewable energy sources to reduce carbon emissions and provide a steady supply globally. Natural gas equipment can continue to run by using gasification, which is a common on-site industrial process that produces electricity and SNG from a coal source.
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An intriguing way to reduce the consumption of fossil fuels and the resulting greenhouse gas emissions is to replace natural gas with a renewable alternative. This move also makes sense from the perspective of supply security. The term “green natural gas” carriers made from biomass that include both biogas and synthetic natural gas (SNG). This is a renewable substitute for natural gas. All of the benefits of natural gas, including the trade and supply network, dense infrastructure, and natural gas applications, are available for this route.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Synthetic Natural Gas Market by Technology
- Solution
- Anaerobic digestion & fermentation
- Power-to-gas
- Thermal gasification
- Moving bed gasifier
- Fluidized bed gasifier
- Entrained flow gasifier
- Others (Steam Reforming)
Global Synthetic Natural Gas Market by Source
- Coal
- Biomass
- Renewable energy
Global Synthetic Natural Gas Market by Application
- Transportation
- Power generation
- Industrial
- Grid injection
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Algas-SDI
- Basin Electric Power Cooperative
- Chevron Corp. (Renewable Energy Group)
- Chiyoda Corp.
- Dakota Gasification Company
- Enerkem Inc.
- EnviTec Biogas AG
- Exxon Mobil Corp.
- KADATEC s.r.o.
- Kohler Co. (Clarke Energy)
- Linde GmbH
- MAN Energy Solutions SE
- Sasol Ltd.
- Shell Group
- Thyssenkrupp Uhde GmbH
- Topsoe A/S
- Velocys plc
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global synthetic natural gas market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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