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Rapid Advancements will boost Waste Derived Biogas Market Size Further 2017-2025

Rapid Advancements will boost Waste Derived Biogas Market Size

Biogas is a mixture of various gasses produced primarily by the breakdown of an organic substance in the absence of oxygen. Biogas can be produced from various raw materials such as manure, waste, plant materials, sewage, municipal waste, green waste, and food waste. It is a renewable source of energy and typically has a lower carbon footprint. Biogas can be easily produced by anaerobic digestion with the help of anaerobic organisms, which digest all organic materials present inside a closed system. The configuration of biogas differs depending on the foundation of the anaerobic digestion process.

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Some nations utilize energy crops to produce biogas. However, waste feedstock is the most used raw material for the production of biogas. Waste feedstock comprises agricultural waste, industrial waste, and sewage. The global waste derived biogas market is segmented on the basis of type, application, and geography.

The overview section of the global waste derived biogas market analyzes the key drivers, leading players, current trends, future growth opportunities, and the market restraints. Porter’s five force model is also used in the research to study the feasibility of new projects. With a SWOT analysis – an industry standard tool – strengths, weaknesses, opportunities, and threats of the global waste derived biogas market stakeholders are studied. The entry of new players is expected to make the global waste derived biogas market highly competitive in the next few years.

Overview of the Global Waste Derived Biogas Market

The global waste derived biogas market is expected to reach US$217 bn by 2016 due to factors such as supply anxieties, awareness regarding the judicious usage of fossil fuels, and price stability. Biogas comes under the category of clean fuels, primarily obtained from various waste materials. Biogas is an important substitute for conventional fossil fuels. Renewable, sustainable energy generation is expected to be the fastest developing energy sector in the coming two decades due to increasing concerns towards the overuse of fossil fuels and the rising awareness towards environmental protection.

New energy generation techniques, especially energy generation from renewable resources such as biogas, are expected to be in demand in the next few years. Based on application, the global waste derived biogas market is classified into municipal electricity production, transportation fuel, and on-site electricity production. By geography, the global waste derived biogas market is divided into Asia Pacific, Europe, North America, and Rest of the World. Currently, Asia Pacific leads the global waste derived biogas market due to the growing number of biogas production plants in Asia. The availability of feedstock in rural areas is expected to propel the Asia Pacific waste derived biogas market in the next few years. The demand for the anaerobic process of energy generation is expected to increase in Africa in the next few years.

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Companies Mentioned in the Research Report

Some of the prominent players operating in the global waste derived biogas market are AAT GmbH & Co., Bedminster International, Biogas Technology Ltd., Cargill Inc., Environmental Energy Engineering Co., Biotech Energy AG, Siemens AG, ADI Systems Inc., Bekon Biogas Energy Inc., Biogen Greenfinch, Chevron Energy Solutions, Environmental Products & Technology Corp., General Electric Co., and Waste Energy Solutions LLC.

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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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