Press release
Europe Biogas Market Analysis Focusing on Top Key Players – EnviTech, Schmack, IES, Agrinz Technologies, Agraferm Technologies, BDI- Bioenergy International, CH4 Biogas, Weltec
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Europe Biogas Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.
Europe Biogas Market will exceed USD 2 billion by 2024. Ongoing regulatory reforms to encourage the adoption of bioenergy along with rapid industrialization will propel the anaerobic digestion market share. Carbon tax, direct subsidies, tax rebates, feed in tariff, financial assistance and renewable portfolio standards are some of the incentives which will boost the product penetration over the forecast timeframe. In 2013, Government of France introduced feed-in-tariff including a rebate worth 0.14 to 0.25 USD/kWhe for AD plants and 1.03 to 0.17 USD/kWhe for landfills.
Rapid industrialization along with stringent government regulations toward industrial waste to reduce land and water pollution will embellish the Europe biogas market. The European Commission enacted the 2000/76/EC Directive with an aim to restrain the adverse effects from the waste incineration process across the region. The directive lays emission norms pertaining to waste & co-incineration plants and further imposes operational & technical standards within the member states.
Denmark in 2016, accounted for over 1% of Europe biogas market share. Availability of a variety of feedstock materials across the nation favor the deployment of these systems. High operational performance, affordable price and low emission rate make its adoption preferable over other available alternatives The Danish government aims to achieve renewable based energy supply of 35% by 2020 and further cease dependency on fossil fuels by 2050.
Municipal biogas market is set to witness strong growth on account of growing awareness toward waste management supported by federal and state incentives. Rapid urbanization with escalating recycling need are some of the key factors which will fuel the business growth. Rising investments have further directed the surplus funds toward the deployment of progressive & high-capacity bio based systems.
Favorable government initiatives to encourage adoption of sustainable energy along with measures to reduce the carbon content will stimulate the Germany biogas market share. As per IEA, share of renewable energy in terms of total energy and electricity across Germany is expected to exceed 18% and 35 % respectively by 2020. Additionally, the country aims to reduce its carbon dioxide emissions by 40%.
Rapid adoption of sustainable energy coupled with technological diversification of energy sources will drive the Poland biogas market. Growing concern to sustain the energy demand and supply gap across residential, commercial and industrial establishments will further complement the business outlook.
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Notable players in Europe biogas market include EnviTech, Schmack, IES, Agrinz Technologies, Agraferm Technologies, BDI- Bioenergy International, CH4 Biogas, Weltec, BTS, Scandinavian Biogas Fuels International, Krieg & Fischer Ingenieure, Zorg, agri. capital, Gasum, PlanET Biogastechnik, Biogas System.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Europe Biogas Industry Insights
Chapter 4. Europe Biogas Market, By Technology
Chapter 5. Europe Biogas Market, By Feedstock
Chapter 6. Europe Biogas Market, By Application
Chapter 7. Europe Biogas Market, By Country
Chapter 8. Company Profiles
Outer Scope of this report In Europe, biogas plants are majorly located in nations such as the Czech Republic, France, Netherlands, Poland, and the United Kingdom. As per European Biogas Association, 13.4 Mtoe (million tonnes oil equivalent) of biogas primary energy was produced in the year 2013 in the EU, and 52.3 TWh of biogas electricity was produced in the year 2013 in the EU.
Major contenders in the Europe biogas market have been striving to add momentum to the industry growth by means of adopting tried-and-tested as well as out-of-the-box strategic tactics. For instance, IES Biogas, one of the most renowned behemoths in the global biogas industry, has seemingly built over 120 plants in 3 years, while 51 plants have already been commissioned, and 108 MWe of total power has been produced, with 98.6% average efficiency rate, as per statistics mentioned on the company website.
Considering the rapid rise in the adoption of biogas fuels across the EU, it is rather overt that the Europe biogas market will witness massive gains in forthcoming years.
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Related Report:
United States Biogas Market Report 2018
In this report, the United States Biogas market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/united-states-biogas-market-report-2018/?utm_source=RR-PSR
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