Home > Energy & Power > Renewable Energy > Biogas > Biogas Market

Biogas Market Analysis

  • Report ID: GMI1238
  • Published Date: Jan 2024
  • Report Format: PDF

Biogas Market Analysis

The organic waste biogas industry will attain gains at nearly 6% up to 2032. Ongoing innovations including the development of high-efficiency digesters and introduction of gas upgrading technologies along with increasing adoption for energy generation & waste management and soil improvement will drive the business trends. Furthermore, increasing volume of organic waste generated globally necessitating effective waste management solutions coupled with growing awareness of environmental issues and climate change will influence the product adoption.
 

The > 3 MW biogas market will reach USD 2 billion by 2032, owing to efficient digestion processes, greater economies of scale and improved overall energy production. Enhanced capacity to process a diverse range of feedstocks, including agricultural residues, organic waste from industries, and municipal solid waste increases the reliability and flexibility of the production systems. Integration of combined heat and power (CHP) systems with megawatt scale biogas projects to maximize the energy utilization combined with shifting focus on upgrading biogas to biomethane for injection into the natural gas grid will further drive the market trends.
 

The pre-hydrolysis biogas market is projected to showcase 4.5% CAGR through 2032. Pre-hydrolysis is a step in the anaerobic digestion process where complex organic materials are broken down into simpler compounds before entering the main digestion phase. Ongoing research and development in the technologies coupled with integration with other technologies, comprising thermal treatments and mechanical pretreatments, to enhance the breakdown of organic materials and facilitate better digestion in subsequent stages will proliferate the product demand. Moreover, emphasis on waste valorization and circular economy principles coupled with research initiatives focused on optimizing this type of system will foster the business landscape.
 

Biogas Market Share, By Process, 2023 (%)

The anaerobic digestion market is anticipated to grow in the coming years on the account of its capability to offer localized waste treatment solutions coupled with introduction of tax incentives by the government to promote the development of anaerobic digestion biogas projects. Increasing adoption of co-digestion strategies, combining various organic feedstocks to optimize nutrient balance will enhance biogas production.
 

The residential biogas market size is likely to cross USD 11 billion by 2032. Development and adoption of compact biogas digesters which are easy to install and caters to the energy needs of households in line with homeowners utilizing kitchen waste, food scraps, and organic materials to feed these digesters will enhance the business scenario. Additionally, these applications providing viable solution for rural and off grid areas where access to traditional energy infrastructure is limited will further contribute to rural electrification and energy access initiatives.
 

Asia Pacific Biogas Market Size, 2021 - 2032 (USD Billion)

Asia Pacific biogas market is poised to observe over 6% CAGR from 2024 to 2032. Growing desire for energy independence and security drives along with governments providing energy efficiency initiatives to reduce carbon impact will propel to business potential. In addition, rising investments by government and businesses coupled with focus on increasing natural gas contribution in energy mix will stimulate the industry potential.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of biogas was worth more than USD 89 billion in 2023 and is anticipated to reach USD 128 billion by 2032, owing to the increasing emphasis on sustainable and renewable energy sources.

The organic waste biogas market will grow at a notable rate through 2032, driven by the ongoing innovations including the development of high-efficiency digesters and introduction of gas upgrading technologies.

Asia Pacific market for biogas will grow at a CAGR of more than 6% during 2024 and 2032, favored by the growing desire for energy independence and security.

EnviTec Biogas AG, AB Holding SpA, MAKEEN Energy, CH4 Biogas, Anaergia, Zorg Biogas AG, Scandinavian Biogas Fuels International, BTS-biogas, IES Biogas, Agraferm Technologies AG, ENGIE, BDI - Bioenergy International GmbH, Xergi A/S, Gasum Oy, and PlanET Biogas Global GmbH.

Biogas Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 22
  • Tables & Figures: 1392
  • Countries covered: 22
  • Pages: 880
 Download Free Sample