Uploaded on Feb 14, 2022
Transparency Market Research delivers key insights on the global biogas market. In terms of revenue, the global biogas market is estimated to expand at a CAGR of 9% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global biogas market.
Biogas Market Value Of US$ 10.6 Bn By 2030
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Biogas Market
Report Id : TMR-GL-5630
Category : Energy and Natural
Resources
Published Date: 2021-02-25
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Formulating discussion guide guide to conduct expert and industry leaders
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Developing list of respondents (manufacturers), distributors, retailers A
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Energy & Natural
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Biogas Market Analysis Follow us:
Transparency Market Research delivers key insights on the global biogas market. In terms of
revenue, the global biogas market is estimated to expand at a CAGR of 9% during the forecast
period, owing to numerous factors regarding which TMR offers thorough insights and forecasts
in its report on the global biogas market.
The global biogas market has been positively impacted by the rise in demand for biogas in
power generation and automobile industries across the globe. Thus, increase in demand for
biogas in power generation and automobile industries is propelling the global biogas market.
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The demand for biogas has been rising in automobile and power generation industries over the
past few years, as it provides green energy and high power density. This is expected to boost
the global biogas market. The number of countries accepting the Paris Climate Change
Agreement has been increasing significantly. This agreement mandates countries to decrease
their carbon footprint and greenhouse gases by reducing their dependence on fossil fuels,
which presents significant potential for the adoption and implementation of biogas energy.
Europe has enacted stringent regulations to lower carbon and greenhouse gas emission. This
has boosted the consumption of biogas in the region.
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Energy & Natural
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Biogas Market Analysis Follow us:
Reports available at discounted prices for first-time buyers! Offer expires soon!
High Capital Investment, Explosion Risks Affect Market Growth
The biogas market is estimated to advance at a robust CAGR of 9% during the forecast period. However, the
implementation of biogas is met with high capital investment for purchasing and installing biodigester. Stakeholders
also need to comply with stringent safety and emission regulations, since the biodigester appears to be at explosion
risk. As such, biogas is considered as a safe technology, and the concentration of methane is much less as compared
to the LPG (Liquefied Petroleum Gas).
Companies in the biogas market are targeting rural communities to set up plants, as biogas helps in effective
management of growing biomass volumes.
The Biogas Market study provides an in-depth understanding.
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Energy & Natural
Resources
Biogas Market
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C omprehensive SWOT analysis of established market players is provided in the report along with
critical data including the sales strategy, marketing strategy and pricing strategy adopted by
each market player.
Biogas Market segments covered in the report:
Biogas Market, by Source
Municipal Waste
Animal Waste
Agricultural Waste
Others (including Waste From Food, Wood, Paper, and Cardboard)
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The regional assessment section throws light on the market scenario in different geographies
along with relevant graphs, figures, and list of tables.
leading companies
Air Liquide
Wärtsilä
Future Biogas Limited
PlanET Biogas Global GmbH
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Biogas Market
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I ncrease in Demand for Biogas in Power Generation Application to
Augment Biogas Market
Waste material is used in biogas to generate energy and heat. Biogas is also an effective alternative to fossil
fuel. It can be used in diverse applications, ranging from utility power stations to automobiles.
Biogas can also help resolve the organic waste landfill issue by creating electricity and heat, as landfilling of
waste can lead to air, land, and water pollution
Awareness about pollution caused by fossil fuel and coal has been increasing since the past few years. Biogas
releases lower emissions than combustion engines. Thus, focus on green fuel to generate power and heat has
been rising. Biogas is expected to play a major role in power solutions.
Thus, demand for biogas is estimated to increase in the near future, due to the environmental benefits it
offers
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