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Global Biogas and Biomethane Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like Gasrec,VERBIO,Thorso Biogas,Inc.
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Biogas is a gas that is formed by anaerobic microorganisms. These microbes feed off carbohydrates and fats, producing methane and carbon dioxides as metabolic waste products. This gas can be harnessed by man as a source of sustainable energy.Biomethane is as a green non-fossil source of energy. Biomethane is produced from biogas derived from organic matter (often from sewage, landfill, food waste or distillery waste) which makes it a renewable source of energy. Biogas can be dried and cleaned to remove impurities and upgraded to pure biomethane.
Presently, Germany, USA, China, as well as some countries are dedicated to developing biogas. Germany is the largest production base of biogas, owning 11064 biogas plants in 2018. China and USA are the followers, holding 6097 units and 2308 units respectively.
Agriculture waste, sewage and wastewater, landfill are the raw materials of biogas. Most of manufacturers prefer agriculture waste. The key usages of biogas are electricity generation and vehicle fuels. About 99% of biogas is used to generate electricity.
Since the biogas industry is green and renewable, the market potential promising, under the support of government policy. It is estimated that global biogas market will keep fast increasing and about 35000 units will be installed globally.
According to this study, over the next five years the Biogas and Biomethane market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biogas and Biomethane business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Gasrec
Future Biogas
VERBIO
Thorso Biogas
Staples Vegetables
Nature Energy
Asia Biogas
Deqingyuan
Mengniu
Shandong Minhe
J V Energen
AltEnergo
Market Segment by Type, covers
Agriculture Type
Sewage & Wastewater Type
Landfill Type
Market Segment by Applications, can be divided into
Electricity Generation
Vehicle Fuel
Gas Grid
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Related Information:
North America Biogas and Biomethane Market Growth 2019-2024
United States Biogas and Biomethane Market Growth 2019-2024
Asia-Pacific Biogas and Biomethane Market Growth 2019-2024
Europe Biogas and Biomethane Market Growth 2019-2024
EMEA Biogas and Biomethane Market Growth 2019-2024
Global Biogas and Biomethane Market Growth 2019-2024
China Biogas and Biomethane Market Growth 2019-2024
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