Biogas Market to Exceed 38,000 KTOE by 2022

New York, January 26: Market Research Engine has published a new report titled as “Biogas Market by Application (Electricity & Heat, Vehicle Fuel, and Others) and by End User (Industries, Municipalities, Farmers, Others) - Global Industry Analysis and Forecast 2016 - 2022”

How Big is the Biogas Market?

The biogas market is expected to exceed more than 38,000 KTOE by 2022; Growing at a CAGR of more than 6.5% in the given forecast period.

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Biogas is also called as deep green energy because it provides clean renewable source of energy. Biogas is made from waste matter from municipal and industrial waste water treatment plants, food production such as food waste, brewery waste, fish and dairy processing, residues from meat, fruit and vegetable waste. And also from residual waste from live stock such as uneaten food, manure and dung. Biogas is produced by various methods such as by fermenting biodegradable materials and by anaerobic digestion. Mainly the biogas contains carbon dioxide and methane and little amount of silicone, water vapors and sulphide compounds. This gas is burnt in the occurrence of oxygen which release energy. After that this energy is used for different purpose such as generating electricity, cooking food, in transportation and heating.

The major driving factors of biogas market are as follows:

Growth in infrastructure for natural gas
Rising demand for waste treatment
Change towards renewable source of energy

The restraining factors of biogas market are as follows:

Initial investment cost is high
High installation costs

Browse Full Report: https://www.marketresearchengine.com/reportdetails/biogas-market-report

The biogas market is segmented on the lines of its application, end user and regional. Based on application segmentation the biogas market covers vehicle fuel, electricity and heat and others. Under end user segmentation it covers industries, municipalities, farmers and others. The biogas market’s geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for biogas and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.

3) Identifications of new market opportunities and targeted promotional plans for biogas.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Air Liquide Advanced Business & Technologies, Vanzetti Engineering S.r.l., EnviTec Biogas AG, Wärtsilä Corporation, Swedish Biogas International AB, Gasrec Ltd., Cryostar SAS, Biofrigas Sweden AB, Scandinavian Biogas Fuels International AB, and Cryonorm BV. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Biogas Market has been segmented as below:

By Application Analysis

Vehicle fuel
Electricity and heat
Feed for natural gas grid
Others

By End User Analysis

Industries
Municipalities
Farmers
Others

By Regional Analysis

North America
Europe
Asia-Pacific
Rest of the World

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This release was published on openPR.