Biogas is a technology which converts biological waste into energy. It mainly consists of methane, carbon dioxide and other gases. Biogas product is an eco-friendly process utilizing the ever-increasing amounts of organic waste products globally. A wide range of waste which includes agricultural, municipal waste water, food industrial waste and bio-waste produced from households, among others can be treated with this technology. Biogas is a great source of electricity and transportation fuels. Moreover, it also offers significant advantage for waste treatment process. There has been increased interest in setting up biogas production plants across the world for environmental, economic and social reasons. Many governmental organizations are also helping people to set up plants by providing various schemes and subsidiaries. For instance, in India, the Ministry of New and Renewable Energy has setup a Natural Biogas and Manure Management Program (NBMMP), a central sector scheme that provides subsidies for setting up family type biogas plant mainly for rural and semi-urban areas.
Increasing need for clean fuel, depleting fossil fuels and need for sustainable energy resources are the key factors supporting the growth of the global biogas plant market. Additionally, rising waste production globally and concern for energy security and climate change also fuel the growth of the market. However, lack of information & trained labor forces and high capital cost for setting up at commercial level may hinder the growth of the market. Furthermore, increasing government initiatives and growing applications of biogas may provide growth opportunities in the coming years.
The global biogas plant market is categorized into feedstock type and geography. By feedstock type, the market is segmented into food & beverages waste, industrial waste, agricultural waste, sewage sludge, energy crops, and food & beverages processing residue. Geographical segment of the market includes North America, Europe, Asia-Pacific and Rest of the World (RoW).
The key market players in biogas plant market are Bosch KWK Systeme Gmbh, DVO, Inc., 2G Energy AG, Caspari GmbH, Biofrigas SWEDEN ab, Swedish Biogas International, Biofuel USA Corporation, CH4 Biogas, Agrinz Technologies Gmbh and EnviTec Biogas AG, among others.
The key takeaways from the report
- The report will provide detailed analysis of Biogas Plant Market with respect to major segments such as feedstock type, and geography
- The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Biogas Plant Market has been included in the report
- Profile of the key players in the Biogas Plant Market will be provided, which include key financials, product & services, new developments and business strategies.
Scope of Biogas Plant Market
Feedstock Type Segments
- Food & Beverages Waste
- Industrial Waste
- Agricultural Waste
- Sewage Sludge
- Energy Crops
- Food & Beverages Processing Residue
- North America
- Asia Pacific
- South Korea
- South America
- Middle East