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Europe Biogas Market Excellent Revenue Growth 2024 by IES Biogas, Xergi, ENGIE, PlanET Biogas Solutions Inc., EnviTec Biogas AG, BTS Biogas Srl/GmbH, CH4 Biogas
Europe Biogas Market
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Europe organic waste biogas market is set to witness gains over 14% by 2025. Organic waste includes food waste, paper waste, slaughterhouse waste and other biodegradable waste generated from the various sources. Rising waste generation from urban centers coupled with shifting trends toward resource recovery will propel the industry growth in coming years.
Energy crops-based biogas market was valued over USD 1 billion in 2018. Maize is one of the most prominent feedstocks which is utilized for the generation of electricity and heat from the biogas plants. Reduced investment and high energy density are some of the prominent features which make energy crops as one of the most favorable resources for the biogas production.
Anaerobic Digestion (AD), in 2018, accounted for over 70% of the Europe biogas market revenue. The process involves production of biogas in anaerobic digesters through the fermentation of agricultural waste, energy crops and manure. Introduction of renewable energy directives and favorable schemes has resulted in growing installation of AD based biogas plants.
Germany biogas market is set to witness strong growth on account of supportive regulatory schemes toward utilization of biogas for electricity production. In 2017, the government of Germany introduced Renewable Energy Sources Act which aims toward prioritizing renewable based electricity generation. Easy availability of feed stock coupled with declining cost of biogas production technologies will further enhance the industry growth.
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The UK biogas market is set to witness growth of over 10% by 2025. Ongoing shift toward green economy in conjunction with rising investments toward waste recycling and energy recovery will fuel the industry growth. Government supported investment programs and feed-in-tariff schemes will further enhance the business landscape in coming years.
Key participants in Europe biogas market includes
• CH4 Biogas
• IES Biogas
• Xergi
• ENGIE
• BDI-BioEnergy International GmbH
• PlanET Biogas Solutions Inc.
• EnviTec Biogas AG
• BTS Biogas Srl/GmbH
• CH4 Biogas
• WELTEC BIOPOWER
• Agraferm Technologies AG
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