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Biogas Market Set to Reach USD 89.12 Billion by 2030, Growing at a 4.52 Percentage CAGR

12-11-2024 05:02 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Biogas Market

Biogas Market

๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 65.4 Billion in 2023 and the total ๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ revenue is expected to grow at a CAGR of 4.52% % from 2024 to 2030, reaching nearly USD 89.12 Billion.

๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The biogas market is witnessing robust growth, driven by increasing demand for renewable energy sources. As a sustainable alternative to fossil fuels, biogas offers environmental benefits by reducing greenhouse gas emissions. It is produced from organic waste such as agricultural residues, food waste, and wastewater, providing an effective solution to manage waste while generating energy. The global push towards cleaner energy and government incentives are pivotal factors contributing to the market's expansion.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/29082/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

Key drivers include the growing demand for clean energy, waste management solutions, and government incentives. The rising adoption of biogas as an alternative to conventional fuels in sectors like agriculture, wastewater treatment, and industrial energy generation is propelling the market. Additionally, the focus on reducing carbon footprints and dependency on fossil fuels supports the growth of biogas technology.

๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

In the biogas market, there is a noticeable shift towards integrated systems that combine biogas production with energy recovery. Increasing use of waste-to-energy technologies and the growing trend of circular economies are major market trends. Additionally, advancements in biogas purification technologies and the development of small-scale biogas plants are expected to foster widespread adoption across industries and residential sectors.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/29082/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's biogas market has witnessed robust growth due to the country's emphasis on reducing carbon emissions and waste management. Local players like ๐†๐ซ๐ž๐ž๐ง๐•๐ข๐ž๐ญ ๐„๐ง๐ž๐ซ๐ ๐ฒ are working to expand biogas production in rural areas, where agricultural waste can be converted into energy. The Vietnamese government's efforts to promote clean energy solutions and its support for renewable technologies create an opportunity for growth in the biogas sector.

๐๐ข๐จ๐ ๐š๐ฌ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand has focused on integrating biogas solutions as part of its renewable energy strategy. With major players such as ๐’๐‚๐† ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ and ๐๐š๐ง๐ ๐œ๐ก๐š๐ค ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง exploring biogas projects, the country is looking to increase energy security while managing waste. Additionally, the Thai government's push for cleaner energy technologies and investments in biogas infrastructure provide substantial growth opportunities.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan remains at the forefront of adopting biogas technologies, driven by its energy diversification goals. Companies like Toyota Tsusho ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง and ๐‡๐ข๐ญ๐š๐œ๐ก๐ข ๐™๐จ๐ฌ๐ž๐ง are advancing biogas production and purification technologies. Japan's focus on the circular economy and its commitment to reducing greenhouse gas emissions further drive innovation in the biogas market, making it an attractive market for global players.

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ž ๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's biogas market is experiencing consolidation, as large players like ๐†๐’ ๐„๐ง๐ž๐ซ๐ ๐ฒ and ๐Š๐จ๐ซ๐ž๐š ๐†๐š๐ฌ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง strengthen their market presence through mergers and acquisitions. This trend supports the efficient utilization of waste and further expansion into sustainable energy production, with biogas emerging as a critical component of the country's renewable energy strategy.

๐Š๐จ๐ซ๐ž๐š ๐†๐š๐ฌ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง

Singapore's commitment to sustainability has led to the growth of biogas solutions, particularly within its waste-to-energy initiatives. Leading companies like ๐’๐ž๐ฆ๐›๐œ๐จ๐ซ๐ฉ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ and ๐Š๐ž๐ฉ๐ฉ๐ž๐ฅ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง are advancing biogas technologies. With the Singaporean government's emphasis on clean energy, the sector is poised for rapid development in both residential and commercial applications.

๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The U.S. is a key player in the biogas market, with companies like ๐๐ข๐จ๐ ๐š๐ฌ ๐„๐ง๐ž๐ซ๐ ๐ฒ and ๐‘๐ž๐ง๐ž๐ฐ๐š๐›๐ฅ๐ž ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐†๐ซ๐จ๐ฎ๐ฉ leading the charge in biogas production and technological innovations. The U.S. government's Renewable Energy Standard and tax incentives for biogas production encourage more businesses to invest in the sector, fostering an environment for innovation and growth.

๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe, especially countries like Germany, France, and the UK, is a leader in the biogas market. ๐„๐ง๐ฏ๐ข๐“๐ž๐œ ๐๐ข๐จ๐ ๐š๐ฌ and ๐’๐œ๐ก๐ฆ๐š๐œ๐ค ๐๐ข๐จ๐ ๐š๐ฌ are prominent players in the region, expanding their portfolios through acquisitions and partnerships. With the European Union's Green Deal focusing on sustainable energy, Europe presents strong opportunities for biogas adoption and further market growth.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/29082/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

๐›๐ฒ ๐…๐ž๐ž๐๐ฌ๐ญ๐จ๐œ๐ค

Agricultural Waste
Municipal Waste
Industrial Waste

๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž

Residential
Commercial
Industrial

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Electricity Generation
Biofuel Production
Heat Generation

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐๐ข๐จ๐ ๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Air Liquide (France)
2. Babcock & Wilcox (USA)
3. Biokraft (Norway)
4. Carbotech Gas Systems (Germany)
5. DMT Environmental Technology (Netherlands)
6. DVO, Inc (USA)
7. EnviTec Biogas (Germany)
8. Greenlane Renewables (Canada)
9. MT-Energie GmbH (Germany)
10. Paques Environmental Technologies (Netherlands)
11. PlanET Biogastechnik GmbH (Germany)
12. PRODEVAL (France)
13. SUEZ (France)
14. Veolia (France)
15. Wรคrtsilรค (Finland)
16. Xebec Adsorption Inc (Canada)

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-biogas-market/29082/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

โ€ข Past Market Size and Competitive Landscape
โ€ข Biogas Market Size, Share, Size & Forecast by different segment
โ€ข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
โ€ข Biogas Market Segmentation - A detailed analysis by Product
โ€ข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
โ€ข Competitive landscape - Market Leaders, Market Followers, Regional player
โ€ข Competitive benchmarking of key players by region
โ€ข PESTLE Analysis
โ€ข PORTER's analysis
โ€ข Value chain and supply chain analysis
โ€ข Legal Aspects of business by region
โ€ข Lucrative business opportunities with SWOT analysis
โ€ข Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Electric Aircraft Market https://www.maximizemarketresearch.com/market-report/electric-aircraft-market/11055/

โ™ฆ Teleprotection Market https://www.maximizemarketresearch.com/market-report/global-tele-protection-market/7157/

โ™ฆ Interactive Display Market https://www.maximizemarketresearch.com/market-report/global-interactive-display-market/29851/

โ™ฆ Automotive Airbag Market https://www.maximizemarketresearch.com/market-report/automotive-airbag-market/11119/

โ™ฆ Shipbuilding Market https://www.maximizemarketresearch.com/market-report/shipbuilding-market/148775/

โ™ฆCommercial Vehicles Market https://www.maximizemarketresearch.com/market-report/global-commercial-vehicles-market/112685/

โ™ฆ Gas Meters Market https://www.maximizemarketresearch.com/market-report/global-gas-meters-market/19668/

MAXIMIZE MARKET RESEARCH PVT. LTD.

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02-13-2019 | Energy & Environment
Global Market Insights, Inc.
Europe Biogas Market Excellent Revenue Growth 2024 by IES Biogas, Xergi, ENGIE, โ€ฆ
Europe biogas market is set to witness strong growth on account of growing focus toward decarbonizing the energy sector supported by a multitude of legislative schemes and policies. The EU Directive 2009/28/EC establishes common legislative framework concerning the use of energy from renewable sources with an objective to minimize greenhouse gas emissions. Increased production and use of biogas to support the circular economy and renewable energy mix will stimulate theโ€ฆ
02-04-2019 | Energy & Environment
Global Market Insights, Inc.
Viessmann, CH4 Biogas listed in Study of Europe Biogas Market - 2024 by IES Biog โ€ฆ
The popularity of biogas as a renewable energy source has exponentially soared in the last few years, massively impacting Europe biogas market. Unlike fossil fuels like oil and coal, biogas does not add to the greenhouse effect, a factor that has encouraged the European Union to undertake favorable measures for promoting the utilization of this eco-friendly fuel, providing a further stimulus to Europe biogas market. Many European countries have beenโ€ฆ
01-18-2019 | Energy & Environment
Garner Insights
Biogas Plant Marketย : AmerescoInc., PlanET Biogas Global, Scandinavian Biogas, โ€ฆ
Industry Overview of Biogas Plant Marketย : Excellence consistency maintains by Garner Insights in Research Report in which studies the global Biogas Plant market status and forecast, categorizes and Equipment. The Global Biogas Plant Market Report provides a detailed analysis of the current dynamics of the market with an extensive focus on the secondary research. It also studies current situation of the market estimate, share, demand, development patterns, and forecast in the comingโ€ฆ