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Biogas Market size is anticipated to record around 7% CAGR through 2025. Rising concerns toward emissions pertaining to fossil fuel-based power generation along with growing focus to achieve diversity across the energy portfolio will drive the global biogas industry statistics.
Easy availability of feedstock, supportive government policies and shifting trends toward the decarbonization of the energy sector are some of the eminent features favoring product adoption over the forecast timeline.
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Implementation of stringent environmental regulations along with growing penetration of renewable energy technologies for electricity generation will positively influence technology adoption. Growing demand for effective waste management practices coupled with the ability of biogas technology to provide combined heat & power will further boost the overall industry outlook. expansion
Report Coverage | Details |
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Base Year: | 2018 |
Market Size in 2018: | USD 70 Billion |
Forecast Period: | 2019 to 2025 |
Forecast Period 2019 to 2025 CAGR: | 7% |
2025 Value Projection: | USD 110 Billion |
Historical Data for: | 2014 to 2018 |
No. of Pages: | 880 |
Tables, Charts & Figures: | 1,888 |
Segments covered: | Substrate (Organic Waste, Sewage Sludge, Energy Crops, Others), Size (<500 kW, 500 kW - 3 MW, >3 MW), By Technology (With Pre-hydrolysis, Without Pre-hydrolysis), Process (Landfill, Sewage Sludge, Anaerobic Digestion {Wet AD, Dry AD}, Pyrolysis & Gasification), Application (Residential, Commercial, Industrial) |
Growth Drivers: |
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Pitfalls & Challenges: |
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High energy density, low investment costs and fast production of biogas are some of the significant factors favoring the deployment of energy crops-based biogas plants. Mix of maize and manure are the most commonly utilized substrates for agricultural biogas plants. Increasing financial support comprising of feed-in tariffs & subsidy schemes primarily for electricity generation from biogas will further enhance the industry outlook.
Biogas market from organic waste segment is anticipated to witness a significant CAGR on account of rising focus toward increasing the production of biogas from biodegradable waste sources. Shifting trends toward resource recovery coupled with the growing demand for efficient waste management practices will augment the business landscape.
< 500 kW biogas market will witness a moderate CAGR on account of surging investments toward development of commercial and residential biogas plants. Shifting trends toward the decentralization of power generation systems and rising investments toward the deployment of energy efficient technologies will drive the market forecasts.
biogas industry from pre-hydrolysis technology exceeded USD 50 billion in 2018 and is set to witness over 7% CAGR through 2025. Low costs, energy recovery and minimal production of biosolids are few eminent factors favoring the adoption of pre-hydrolysis technology across biogas plants.
Biogas market from anaerobic digestion segment is set to record a healthy CAGR on account of ongoing initiatives toward enhancing economic growth across rural region. Improved soil health, energy independence and diversified revenue stream are some of the significant features which will fuel the installation of biogas plants.
Introduction of stringent emission regulations along with growing demand for clean energy sources across the industrial sector will increase technology penetration. Low cost and maintenance coupled with increasing energy prices will enhance the industry statistics. Ongoing efforts toward curbing greenhouse gas emissions and deployment of energy efficient technologies will further proliferate the biogas market size.
Biogas industry from residential application is set to register a lucrative CAGR on account of limited grid connectivity, most notably across the rural regions. Increasing demand for ancillary energy services across processing of agricultural production along with growing concerns toward energy security will fuel the deployment of biogas plants across residential sector.
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North America biogas market is anticipated to witness steady growth on account of ongoing technology innovations and declining costs. Implementation of supportive schemes and mounting concerns toward the environmental impact of using conventional fuels will enhance the regional industry outlook.
Europe biogas market is set to register around 7% CAGR through 2025. Ongoing transition toward a sustainable & circular economy coupled with increasing focus toward cost effective waste management practices will fuel the installation of biogas plants. Active participation of regulatory bodies will further contribute to regional industry expansion.
Key participants across the biogas market include Scandinavian Biogas, Envitech Biogas, Agrinz, Viessmann, BTS-biogas, WELTEC, BDI, Agraferm, Gasum, Xergi A/S, PlanET Biogas, AB Holding, IES Biogas, ENGIE S.A., Zorg Biogas, ÖKOBIT GmbH, BIO-EN Power and Agrivert Ltd amongst others.
Business expansions, mergers & acquisitions, and new technological innovations are few eminent initiatives undertaken by prominent market players. Moreover, the market participants operating across the global biogas industry are involved in focused R&D activities to sustain a competitive edge over other industry players.
Global biogas market research report includes in-depth coverage of the industry with estimates & forecast in terms of MW, Million Dry Tons of Substrate (MToS) and USD from 2014 to 2025, for the following segments:
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By Substrate
By Size
By Technology
By Process
By Application
The above information is provided on a regional & basis for the following: