Press release
Biogas Market Size To Exceed US$ 10.6 Bn by 2031, CAGR Of 4.2% | Scandinavian Biogas Fuels International AB
Biogas Market
Biogas is a renewable gas produced by the breakdown of organic matter in the absence of oxygen. It can be produced from biomass such as agricultural waste, municipal waste, plant material and food waste. It is used as an energy source in many countries.
Market Dynamics:
Biogas is considered a sustainable source of energy and its production and use helps in reducing greenhouse gas emissions from waste materials. Additionally, growing concerns regarding the depletion of non-renewable sources of energy and need to shift towards cleaner sources of energy are expected to drive the demand for biogas over the forecast period. The strict government regulations regarding effective waste management and renewable portfolio standards are also favoring the biogas market growth. Moreover, increasing agricultural and municipal waste each year has opened up new opportunities for biogas production.
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Major market opportunity in the biogas market
Emergence of Co-Digestion Technology
Co-digestion, a process of combining different organic feedstocks, is opening new opportunities for biogas production. By blending primary feedstocks such as manure with other waste inputs, co-digestion helps optimize the carbon-nitrogen ratio and nutrient content of the mixture. This improves biogas yields and provides a sustainable outlet for side-streams. Waste streams from the food processing industry are widely being co-digested with agricultural residues and manure. The flexibility offered by co-digestion is incentivizing its use around the world and fostering plant development.
Major market trend in the biogas market
Commercialization of Gas Upgrading Technologies
Most biogas produced in anaerobic digestion contains around 60% methane. However, it needs to be upgraded to achieve pipeline quality natural gas standards of over 96-97% methane content before injection into natural gas networks or use as vehicle fuel. Earlier, high costs of gas scrubbing and upgrading restricted the end-uses of biogas. Ongoing technological advancements like water scrubbing, organic physical scrubbing and membrane separation are making gas upgrading more efficient and economical. Emergence of smaller, modular upgrading units is supporting commercialization efforts and helping biogas find new applications beyond power generation.
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Top Companies Featured in This Report:
★ Scandinavian Biogas Fuels International AB
★ Air Liquide Advanced Business and Technologies
★ Himark Biogas
★ Vanzetti Engineering
★ Greenlane Biogas
★ MT-Energie GmbH
★ DMT Environmental Technology
★ others.
Market Segmentation:
By Applications:
★ Electricity & Heat Generation
★ Vehicle Fuel
★ Domestic Cooking
★ Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
The report offers insights on the following aspects:
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Analysis of Biogas Market Competition Landscape by Players
Chapter 4: Assessment of Biogas Market Size by Type and Application
Chapter 5: Global and Regional Analysis
Chapter 6: Company Profiles, recent developments, and investments
Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors
Chapter 8: Evaluation of Value Chain and Sales Channels, including breakthrough product developments
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology/Research Approach
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Biogas sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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