Press release
Biogas Plant Market Growth Analysis, Size (26.6 GW), Share, Global Report 2023-2028
Biogas Plant Market Report 2023
IMARC Group, a leading market research company, has recently releases report titled "Biogas Plant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The global biogas plant market size reached 20.2 GW in 2022. Looking forward, IMARC Group expects the market to reach 26.6 GW by 2028, exhibiting a growth rate (CAGR) of 6.89% during 2023-2028.
What is Biogas Plant:
A biogas plant is a facility where organic waste, like livestock manure, municipal solid waste, or sewage sludge, is processed to produce biogas and biofertilizer. It conducts the process of anaerobic digestion or a series of biological events in which microorganisms degrade biodegradable components in the absence of oxygen. It produces methane, which is primarily composed of methane and carbon dioxide, and is used as a source of renewable energy to produce heat and electricity. It is a sustainable solution to waste management, energy production, and nutrient recycling and is widely used in rural and urban settings worldwide.
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What are the growth prospects and trends in the biogas plant industry?
At present, the increasing demand for biogas plants, as they are an efficient way to manage organic waste, represents one of the crucial factors impelling the growth of the market. In addition, the rising environmental awareness and concerns about climate change and global warming are propelling the growth of the market. Besides this, the governing agencies of various countries are providing policies and incentives to encourage the use of renewable energy, including biogas. Apart from this, the growing improvements in biogas production technologies and the development of more efficient and cost-effective plants are offering a favorable market outlook. Additionally, the increasing demand for energy around the world is bolstering the growth of the market.
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Who are the key players operating in the industry?
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• Agraferm GmbH
• AB Holding S.p.a.
• Air Liquide S.A.
• Ameresco Inc.
• BTS Biogas Srl/GmbH (Bioenergy Devco)
• Engie SA
• EnviTec Biogas AG
• Finn Biogas
• IES BIOGAS S.r.l. (Snam SPA)
• NASKEO environnement
• PlanET Biogas Group GmbH
• Scandinavian Biogas Fuels International AB
• Wärtsilä Oyj Abp.
What is included in market segmentation?
Breakup by Biogas Plant Type:
• Small-scale Digesters
• Medium-to-Large-scale Digesters
Breakup by Feedstock:
• Agricultural Waste
• Industrial Waste
• Sewage Sludge
• Others
Breakup by Digestor Type:
• Wet Anaerobic Digestion
• Dry Anaerobic Digestion
Breakup by Application:
• Electricity Generation
• Biofuel Generation
• Heat Generation
Breakup by Region:
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
• North America: (United States, Canada)
Key highlights of the report:
• Market Outlook (2017- 2022)
• Market Performance (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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