The global Biogas market is projected to grow at a CAGR of 6.2% to reach USD 99 billion by 2026 from 65 billion in 2019. The biogas plant is an infrastructure facility used to produce biogas using a fermentation process. Rising investment in renewable energy sources, rising concerns over environmental emissions, and government grants are proliferating the demand for biogas plants. The biogas market is largely growing on account of environmental concerns regarding reducing greenhouse gas emissions and effective utilization of waste. Various governing bodies and organizations across the world are thus investing heavily in renewable energy sources for reducing carbon emissions and also to ensure a stable and secure energy supply.
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Every part of the earth has significant potential to
generate biogas and, and the market of biogas is also expected to grow on
account of the growing availability of sustainable feedstocks. The Biogas
market is also growing on account of new emerging applications and use cases
which include Wastewater treatment plants, data centers, and pulp paper
companies, and grid Connections/gas Grids. The market of Biogas is highly
interlinked and dependant on feedstock scenarios and prices of conventional
methane and other competing alternatives. The biogas plants can be small scale
(e.g. households and farms) and large scale (for entire cities). These plants
can operate using a wide range of organic matter, such as domestic and
commercial food waste, municipal and industrial sewage, agricultural material,
and livestock manures. Energy crops have high energy potential enabling the
installation of bigger biogas plants; it is beneficial for farmers as they have
good control over feedstock supply for farms and generates local employment and
additional income for farmers.
The research report analyses the
ecosystem of Biogas and categorizes the Biogas Market to forecast the revenues
and analyse the trends in each of the following below-mentioned market
segments.
By Substrate
- Organic
Waste
- Sewage
Sludge
- Energy Crops
By Source
- Agricultural
- Municipal
- Industrial
By End-Use
- Automotive
Fuel
- Electricity
Generation
- Heating
- Cooking
- Others
By Process
- Anaerobic
Digestion
- Pyrolysis
& Gasification
- Others
By Installation Type
- New
Installation
- Retrofit
By Region
- North
America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Norway
- Italy
- Spain
- Netherlands
- Rest Of
Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- New Zealand
- Rest Of
Asia Pacific
- South
America
- ROW
The unique insights provided by
biogas market report also includes the following:
- In-depth
value chain analysis
- Opportunity
mapping
- Sector
snapshot
- Technology
landscape
- Regulatory
scenario
- Patent
trends
- Market
trends
- Covid-19
impact analysis
- Raw material
supply analysis
- Pricing
trends
- Sustainability
trends and environmental concerns
- Critical
Success Factors
- Competitive
Landscape
- Customer
preferences
In terms of market by source, the
industrial segment is estimated to be the largest segment during the forecast
period
On the basis of source, the market
is segmented into agricultural, municipal, and industrial. The Industrial
segment of the biogas market is expected to be the biggest segment of the
biogas market in the forecast period. Industrial biogas plants usually use
industrial residues are as a source of energy instead of manure. These include
industrial waste from the food-processing industry and sludge from wastewater
treatment plants. The possible applications include heat combustion systems,
motors, and turbines.
By Application, Electricity
Generation is expected to be the largest segment
In terms of application, the
global biogas market can be segmented as Automotive Fuel, Electricity
Generation, Heating, Cooking, and Others. The electricity generation segment
dominated the Biogas market in terms of revenue in 2019. Electricity generated
from Biogas can compete with conventional electricity generating systems. This
can be very helpful to supply electricity to the most remote areas not
connected by the grid and also where transportation of fuel for electricity
generation is a big challenge. The automotive fuel segment is expected to
be the second biggest segment due to growing usage of bio-CNG in the
transportation sector.
Europe is expected to be the
largest segment in the forecast period
The European region accounted for
the largest share of the Biogas market. While Asia Pacific is expected to be
the fastest-growing market in terms of CAGR trend. Germany is a leading market
for biogas generation in Europe and has a higher share of energy crops for
energy production. Approximately, 50% of the biogas production is using energy
crops, manure, and bio-waste in Germany. Maize Silage has a share of around 69%
of overall renewable resources for biogas substrates in Germany. The
preference of energy crops for biogas production is also due to higher biogas
yield obtained from energy crops.
Feed-in-tariff (FiT), is a policy
to promote the production of renewable energy through various developments in
the sector in Germany. FiT supported the use of energy crops for the production
of renewable energy between 2004-2012 by providing incentives and bonuses.
However, after 2014, FiT did not provide any bonus for use of energy crops in
biogas plants. Despite these changes, energy crops is one of the major input
material used in biogas plants across Germany.
The Asia Pacific region is growing
on account of government initiatives, the establishment of small scale
household biogas plants, and the construction of biogas plants in rural areas.
Major biogas equipment manufacturers are eyeing opportunities in countries like
India and China, on account of lower labor costs and support from the
respective governments. Key Biogas markets in Asia- Pacific include China,
Japan, India, South Korea, Thailand, and Indonesia.
Snapshot of Drivers, Restraints,
Opportunities, and Challenges of Biogas Market:
Drivers:
- Demand for
alternate sources of energy
- Easy
availability of feedstock
- Supportive
government policies
- Low
investment costs
Restraints:
- Slow
Implementation of local or regional biogas grids also referred as micro
gas grids
Opportunities:
- New
technologies
- Growing
demand for effective waste management practices
- Usage in
combined heat & power units
Company Profiles and Competitive
Intelligence Covered in Biogas Market Report are:
- CH4 Biogas
- Ameresco,
Inc.
- Vanzetti
Engineering S.r.l.
- EnviTec
Biogas AG
- IES BIOGAS
srl
- Air Liquide
- SP Renewable
Energy Sources Pvt. Ltd
- Wartsila
- Biofuel USA
Corporation
- Quadrogen
- Agrinz
Technologies GmbH.
- PlanET
Biogas Global GmbH
- Scandinavian
Biogas
- Gasum's
Biogas
- Biofrigas
Sweden AB
- Antec Biogas
- Aerzener
Maschinenfabrik GmbH
- Gasmet
Technologies Oy
- First Biogas
International AG
- ARCHEA New
Energy GmbH
- BTS Biogas
- Phaidon
Energy
- Biogas
Hochreiter GmbH
- ÖKOBiT GmbH
- Electrigaz
Technologies Inc..
- BEKON GmbH
- n-bio GmbH
- Bioconstruct
- AEV Energy
GmbH
- Biogas-Ost
Unternehmensgruppe
- bwe
Energiesysteme GmbH & Co. KG
- BioBG GmbH
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