Biogas Plant Market 2020 Global Analysis and Outlook - DMT International, IES Biogas S.r.l, EnviTec Biogas AG

Global Biogas Plant Market - Growth, Trends, And Forecast (2020 - 2025)

The biogas plant market is expected to register a CAGR of more than 4.5% during the forecast period. This report provides along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities, and challenges in the Biogas Plant market. This research report offers an in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities, and challenges.

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Key manufacturers are included based on the company profile, sales data, and product specifications, etc.: DMT International, IES Biogas S.r.l, EnviTec Biogas AG, Weltec Biopower GmbH, Schmach Biogas GmbH, and AEV Energy Gmbh

With the increasing rate of pollution, many countries around the world are putting emphasis on reducing carbon emissions. Using renewable sources, such as biogas, can help reduce the increasing carbon footprint, and thereby reduce the average rate of the increasing temperature of the world. Biogas plants can be utilized to generate heat, electricity, and biofuel. Moreover, biogas plants can also help provide food security, protect water bodies, improve air quality, manage waste, and increase employment opportunities. The biogas plants market is primarily driven by the growing focus on alternative fuels as means to achieve an imperishable form of energy and security. Nevertheless, the biogas plant market can be obstructed by high primary investment and setting up costs.

- With the potential to reduce greenhouse emission by 10-13% from the current level, the biogas plant market is expected to grow significantly during the forecast period.
- Among the types of biogas plants, micro digesters have been used for several centuries and have the maximum number of plants around the world. Although elementary production of biogas had been initiated 3000 years ago, the modern application of biogas started in the 17th century.
- Europe is the largest biogas market, with an estimated biogas production of nearly 700 petajoules (PJ). The region has around 17,500 scale digesters that have an installed capacity of 10GW.

Micro Digester Biogas Plant to Dominate the Market

- Micro digesters play an essential role in rural areas of developing nations. Due to inaccessibility to modern technology, digesters are most often used in stoves for cooking and heating purposes.
- Micro digesters not only provide greener energy but also reduce the dependency on hydrocarbon fuels, such as natural gas or liquefied petroleum gas. Micro digesters offer food security to the economically backward populations.
- As of 2018, almost 50 million micro digesters were operating around the world, which fed around 126 million people across the world. China had the most micro digesters, with 42 million micro digesters. India had 4.9 million micro digesters. During 2018, China exceeded by 13 million cubic meters of biogas production, while India exceeded by 2 million cubic meters.
- With government initiatives, usage of biogas for domestic purposes is expected to increase during the forecast period. For instance, the Government of India launched a policy named National Biogas and Manure Management Programme (NBMMP), which provides subsidies to set up biogas plants for domestic uses, mainly for rural and semi-urban/households. During 2017-18, the policy helped set up nearly 49 lakhs micro digesters in India.

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Further in the Biogas Plant Market research reports, the following points are included along with an in-depth study of each point:

Production Analysis: Production of Biogas Plant is analyzed with respect to different regions, types, and applications. Here, price analysis of various Biogas Plant Market key players is also covered.

Supply and Consumption: In continuation of sales, this section studies supply, and consumption for the Biogas Plant Market. This part also sheds light on the gap between supply and consumption.

Key Strategic Developments: The study also includes the key strategic developments of the Biogas Plant market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, Global and regional growth of the leading competitors operating in the market on a Global and regional scale.

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– Country Level analysis for any 5 countries of your choice.

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– 40 analyst hours to cover any other data point.

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All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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This release was published on openPR.