The Bio-LNG (liquefied biomethane) market is gaining significant traction as the global energy landscape shifts toward low-carbon alternatives. Derived from organic waste materials such as agricultural residues, municipal waste, and industrial byproducts, Bio-LNG is a renewable and cleaner alternative to conventional fossil fuels. As governments and industries accelerate efforts to decarbonize transportation and heavy industry sectors, Bio-LNG is emerging as a promising solution.

According to BISResearch, the bio-LNG market is expected to grow at a CAGR of 23.1% due to the increasing demand from the automobile industry with an increasing focus on decarbonization and controlling pollutants.

What is bio-LNG?

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. 

Key Drivers in the global bio-LNG market:

1. Rising Environmental Concerns

2. Increasing Number of LNG Trucks

Recent Developments in the Global Bio-LNG Market

1. 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.

2. 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.

3. 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.

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Key players in the Black Mass Recycling Market

Company Type 1 (by Source): Animal Waste

1. Agricultural Residues

2. Industrial Waste

3. Household Waste

4. Others

Company Type 2 (by Source): Agriculture Waste

1. EnviTec Biogas AG

2. Alexela

3. Titan LNG

4. Cycle0

5. Andion Global Inc.

6. Gasum Ltd.

7. Flogas Britain Limited

8. Others

Company Type 3 (by Source): Others

1. Gasum Ltd.

2. Others

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According to Principal Analyst, BIS Research

In recent years, Bio-LNG has experienced notable growth, driven by the increasing demand for cleaner, more sustainable fuels. With lower CO₂ emissions than diesel and significantly reduced particulate matter output, Bio-LNG offers a compelling alternative for eco-conscious industries. It enables cost-effective, net-zero emission transportation without compromising vehicle performance, making it an attractive option for truck drivers and fleet operators. Additionally, its quieter engine operation and lower nitrogen oxide (NOx) emissions are expected to further fuel market expansion over the forecast period.