Biomethane Market Growth Drivers, Developments, Technology & Future Trends 2031

The global biomethane market was valued at around US$ 3 Bn in 2017 and is anticipated to expand at a CAGR of more than 7% from 2018 to 2026, according to a new report titled 'Biomethane Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026' published by Transparency Market Research (TMR).

Biomethane plays a key role in the development of local circular economy by reducing greenhouse gas (GHG) emissions; improving waste management; preserving soil quality and water tables; and creating jobs. According to ADEME (French Environment and Energy Management Agency), by 2030, there would be between 500 and 1,400 sites injecting biomethane in the network, with biomethane gas energy accounting for 16% of gas in the network.

𝐛𝐢𝐨 𝐦𝐞𝐭𝐡𝐚𝐧𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐀 𝐒𝐚𝐦𝐩𝐥𝐞 - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=54408

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐫𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐞𝐧𝐞𝐫𝐠𝐲 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭

Rise in environmental protection regulations across the globe prompt the power generation industry to opt for cleaner and eco-friendly energy resources. Major economies across the world are focused on developing renewable energy generation to reduce their dependency on conventional power generation that requires fossil fuels.

Records of investments in renewable energy indicate that the dependence on coal and other fossil fuels is reducing worldwide, due to the rise in investments in solar, wind, and biomass energy. Biomethane is a major source of renewable energy, which can overcome several global challenges such as limited availability of fossil fuel and environment-related issues Biomethane can be injected directly into the existing natural gas networks; therefore, it can be used as a substitute for natural gas in internal combustion engines without the fear of corrosion.

Hence, most countries are considerably investing in the biomethane market. This, in turn, is likely to drive the global biomethane market during the forecast period. More than 300 new biomethane plants were built across Europe between 2012 and 2016.

𝗠𝗮𝗸𝗲 𝗮𝗻 𝗘𝗻𝗾𝘂𝗶𝗿𝘆 𝗕𝗲𝗳𝗼𝗿𝗲 𝗕𝘂𝘆𝗶𝗻𝗴 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=12380

𝐀𝐧𝐚𝐞𝐫𝐨𝐛𝐢𝐜 𝐝𝐢𝐠𝐞𝐬𝐭𝐢𝐨𝐧 𝐭𝐨 𝐫𝐞𝐦𝐚𝐢𝐧 𝐚 𝐝𝐨𝐦𝐢𝐧𝐚𝐧𝐭 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐦𝐞𝐭𝐡𝐨𝐝 𝐬𝐞𝐠𝐦𝐞𝐧𝐭

Among production methods, the anaerobic digestion segment dominated the global market in 2017. It is the most commonly used method of producing biomethane. It is the process wherein organic matter such as animal or food waste is broken down to produce biogas and bio-fertilizers. This process takes place in the absence of oxygen in a sealed, oxygen-free tank known as anaerobic digester.

𝐌𝐚𝐣𝐨𝐫 𝐧𝐨𝐫𝐦𝐬 𝐚𝐧𝐝 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐭𝐨 𝐛𝐢𝐨𝐦𝐞𝐭𝐡𝐚𝐧𝐞 𝐦𝐚𝐫𝐤𝐞𝐭

The Low-carbon Fuel Standard Directive (2009/30/EC) is an amendment to the Fuel Quality Directive (1998/70/EC), which calls for 6%-10% decrease in greenhouse gas intensity of fuels used for road and inland waterway vessels by 2020, over that in 2010. This can be achieved by increasing the share of renewable fuels or low-carbon fossil fuels in the total energy mix.

The EU Renewable Energy Directive 2009/28/EC, with an Indirect Land Use Change (ILUC) amendment (EU) 2015/1513 approved in 2015, sets binding targets for member countries regarding the share of renewables in the total energy and transportation mix. Biomethane is also counted for these targets.
The Alternative Fuel Infrastructure Directive (2014/94/EU) calls for building of filling station networks for methane and electricity

𝐇𝐞𝐚𝐭 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐝𝐨𝐦𝐢𝐧𝐚𝐭𝐞𝐬 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐛𝐢𝐨𝐦𝐞𝐭𝐡𝐚𝐧𝐞 𝐦𝐚𝐫𝐤𝐞𝐭

Among applications, the heat generation segment dominated the global biomethane market, holding more than 40% share, in terms of value, in 2017. The segment was followed by the electricity generation segment. Biomethane has heat capacity of about 130 BTU/gallon, which is equivalent to about 1,000 BTU/scf. Biomethane is a gas with high calorific value. Due to this high energy content, biomethane is used in industrial and commercial applications. The alternative fuel segment is expected to expand at the maximum CAGR during the forecast period.

𝗚𝗲𝘁 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲 𝗳𝗼𝗿 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝗻𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12380

𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞, 𝐞𝐬𝐩𝐞𝐜𝐢𝐚𝐥𝐥𝐲 𝐭𝐡𝐞 𝐔.𝐊. 𝐚𝐧𝐝 𝐒𝐰𝐞𝐝𝐞𝐧, 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐞𝐱𝐩𝐚𝐧𝐝 𝐚𝐭 𝐚 𝐬𝐮𝐛𝐬𝐭𝐚𝐧𝐭𝐢𝐚𝐥 𝐩𝐚𝐜𝐞

Europe dominated the global biomethane market in 2017. Germany is a major consumer of biomethane in Europe. The country accounted for more than 60% share of the market in the region in 2017. The U.K. and Sweden are other major markets for biomethane in Europe. The U.K. has almost 90 plants injecting biomethane into the gas grid to date. The country is also investing in new biomethane projects. By 2020, around 48 new biomethane plants are set to be built in the U.K., with an investment of up to EUR 455 Mn. In Sweden, more than 60% of biomethane produced is used as a transport fuel.

𝐇𝐢𝐠𝐡𝐥𝐲 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐢𝐭𝐡 𝐝𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞 𝐨𝐟 𝐭𝐨𝐩 𝐩𝐥𝐚𝐲𝐞𝐫𝐬

The global biomethane market is highly fragmented. A large number of local and international players provide biomethane services. Key players operating in the global market are EnviTec Biogas AG, VERBIO Vereinigte BioEnergie AG, Future Biogas Limited, CNG Services Ltd, PlanET Biogas Global GmbH, Gazasia Ltd, Landwärme GmbH, Qila Energy, Evergaz, WELTEC BIOPOWER GmbH, ETW Energietechnik GmbH, and StormFisher Environmental.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=12380

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐛𝐢𝐨𝐦𝐞𝐭𝐡𝐚𝐧𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:

𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐨𝐦𝐞𝐭𝐡𝐚𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐅𝐞𝐞𝐝𝐬𝐭𝐨𝐜𝐤

Agricultural Waste
Energy Crops
Industrial Waste
Municipal Waste
Sewage Sludge
Others

𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐨𝐦𝐞𝐭𝐡𝐚𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐌𝐞𝐭𝐡𝐨𝐝

Anaerobic Digestion
Gasification
Global Biomethane Market, by Application

Heat Generation
Electricity Generation
Alternative Fuel

𝐌𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 -

𝐇𝐲𝐝𝐫𝐨 𝐓𝐮𝐫𝐛𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 -https://www.digitaljournal.com/pr/europe-hydro-turbine-market-growing-demand-and-huge-future-opportunities-by-2031

𝐄𝐧𝐞𝐫𝐠𝐲 𝐒𝐭𝐨𝐫𝐚𝐠𝐞 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 - https://www.digitaljournal.com/pr/italy-energy-storage-systems-market-scope-and-opportunities-analysis-2031

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬:

Nikhil Sawlani
Transparency Market Research Inc.
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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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