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Global Organic Biogas Market Growth, Share and Industry Analysis Report To 2024

Global Organic Biogas Market Growth, Share and Industry

The Research Report on “Organic Biogas Market Size, Industry Analysis Report, Regional Outlook (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2023”, In terms of volume, organic biogas market demand was more than 25 kilo tons in 2015 and is likely to surpass 40 kilo tons by 2023, increasing at 6.2% over the forecast period.

Germany, Italy and Switzerland were the key contributors. Increasing environmental concern coupled with stringent government regulations pertaining to air pollution and waste management was among the key factors to drive regional growth. U.S. organic biogas market size is expected to witness significant growth owing to strict regulations related to greenhouse gas emissions.

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Biogas is a combination of different gas mixtures which is produced from organic waste in the absence of oxygen. It is prepared from biodiesel and ethanol by-products and anaerobic digestion of organic residues and energy crops. The decomposing process creates methane which can be transformed into electricity or stored and transported and it can also be burnt directly as a gas.

Agri-food industries waste and grease are expected to witness high demand owing to the presence of methane. During biogas ignition, methane is turned into water and carbon dioxide, which helps reduce the adverse effect on the environment.

Major applications are segmented into heat & electricity and vehicle fuels. Heat & electricity was the largest segment in 2015 owing to growth in green technology trend and increase in resource depletion. Increasing demand by municipalities, farmers, and industrial process are expected to boost growth in next six years. Growth in the automotive industry and attempt to reduce dependency on conventional resources are anticipated to foster vehicle fuels segment.

Governments worldwide and various environmentalists are promoting this resource as it is cleaner fuel than conventional fuels. Numerous biogas plants are expected to be installed in next few years. Rise in environmental concerns and fluctuating climate encouraged people to save the atmosphere and personal health by opting eco-friendly resources.

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Organic biogas market share is fragmented and consists of Air Liquide, DGE GmbH, Carbotech, Xebec Adsorption, Cirmac, Greenlane, DMT Environmental Technology, MT Energie, Guild Associates, Kohler & Ziegler, Ros Roca Envirotec, Acrona Systems, Malmberg Water, Dreyer & Bosse, Prometheus Energy Van Der Wiel Stortgas, and Kraftwerke GmbH.

Mergers & acquisitions was the key strategy for industry expansion. Other participants are Vanzetti Engineering S.r.l., Air Liquide Advanced Business & Technologies, Wärtsilä Corporation, EnviTec, Swedish Biogas International AB, Cryostar SAS, Cryonorm BV., Gasrec Ltd., Scandinavian Biogas Fuels International AB, and Biofrigas Sweden AB.

Browse Related Reports:

Waste to Energy (WTE) Market Size By Technology (Biological, Thermal [Incineration, Pyrolysis & Gasification), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Sweden, China, India, Japan, South Korea, Australia, Thailand, Indonesia, Malaysia, Philippines, Argentina, Brazil, Chile, Kenya, Nigeria, South Africa, Qatar), Application Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2024

https://www.gminsights.com/industry-analysis/waste-to-energy-wte-market

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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