Forecast on Biogas Upgrading Market for the Period (2016 - 2024)

The growing need to reduce greenhouse gas emissions across the globe is one of the primary factors projected to boost the demand for biogas upgrading solutions in the next few years. Moreover, the strict government regulations concerning the emissions are expected to encourage the growth of the market in the near future. The key players in the market are focusing on developing innovative technologies in order to establish their presence across the globe.

The market intelligence report on biogas upgrading market offers an in-depth analysis, focusing on the potential opportunities in the market. The research study throws light on the current trends in the biogas upgrading market, along with the key dynamics that are estimated to determine the growth of the market in the next few years. In addition, the study provides a thorough overview of the market, including the past performance and forecast statistics of the market.

The research report further identifies the leading product, technology, and geographical segments in the global biogas upgrading market. It also presents insights into the various trends influencing these segments in the overall market. The key social and economic factors propelling and curbing the growth of the biogas upgrading market have also been highlighted and discussed at length in the study. Furthermore, the research study further provided with strategic inputs by industry specialists to guide the leading players of the market in formulating effective business strategies.

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Overview of the Biogas Upgrading Market

The global market for biogas upgrading is projected to reach a value of US$338.5 mn by the end of 2016. This market is expected to witness robust growth in the coming years, thanks to the growing demand for waste treatment and the rising shift towards renewable sources of energy. Moreover, the growing awareness among the population regarding the advantages of using biogas and the rising environmental concerns across the globe are projected to augment the growth of the global biogas upgrading market in the near future.

Among the key geographical segments, Europe is expected to contribute significantly towards the development of the market and reach a value of US$250.5 mn by the end of 2016. On the other hand, Asia Pacific is projected to reach US$83.9 mn by 2016, owing to the growing demand for renewable energy in this region. At present, Asia Pacific occupies a leading position in terms of the total number of biogas plants. Nevertheless, most of these plants are small-scale and are serving a community or a single house.

The leading players in the market are making remarkable efforts to introduce innovative technologies and upgrade biogas, making it available to consumers at a reasonable price. Moreover, the rising number of industrial and residential applications and the cost effectiveness of biogas are encouraging the growth of the overall market.

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Companies Mentioned in the Research Report

The biogas upgrading market is competitive in nature with the presence of several prominent vendors engaged in the market. The key players in the market are focusing on developing innovative products and solutions to sustain in the market and expand their consumer base in the next few years.

Some of the prominent players operating in the biogas upgrading market across the globe are Dreyer & Bosse Kraftwerke GmbH, Malmberg Water, MT Energie, Air Liquide, DMT Environmental Technology, Kohler and Ziegler, Ros Roca Envirotec, Carbotech, Acrona Systems, DGE GmbH, Prometheus Energy, Van Der Wiel Stortgas, Guild Associates, Cirmac, Xebec Adsorption, and Greenlane Biogas.

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This release was published on openPR.