IMARC Group, a leading market research company, has recently releases report titled “Biogas Plant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global biogas plant market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the biogas plant market?
The global biogas plant market size reached 20.2 GW in 2022. Looking forward, IMARC Group expects the market to reach 26.6 GW by 2028, exhibiting a growth rate (CAGR) of 6.89% during 2023-2028.
What are Biogas Plant:
A biogas plant refers to a facility that offers oxygen-free conditions for the anaerobic digestion of municipal and industrial organic waste, agricultural biomass, and sewage sludge. It consists of a reception area, a digester or fermentation tank, and a gas holder to convert the trash into sustainable energy and fertilizers. Biogas plant relies on an automatic technique that replicates the natural process of anaerobic digestion in an artificial environment to make production simple and carbon neutral. Consequently, these plants are used to generate heat and electricity in numerous power factories while providing energy to electricity grids.
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What are the growth prospects and trends in the biogas plant industry?
The growing consumer awareness about the harmful impact of air pollution and the depletion of fossil fuel resources are primarily augmenting the biogas plant market. Furthermore, several technological advancements and innovations, such as dendro liquid energy (DLE) and BioBang, are positively influencing the market growth. Apart from this, the launch of various initiatives by government bodies to increase biogas production to reduce carbon footprints and greenhouse gas emissions is also bolstering the global market.
Moreover, the growing popularity of small-scale digesters in rural areas for cooking and heating purposes, on account of their lower investment and infrastructure, is acting as another significant growth-inducing factor. Besides this, the rising need for renewable energy sources across the globe is further catalyzing the market growth. Additionally, key market players are extensively investing in research and development (R&D) activities to introduce numerous technologies to convert cellulose-containing industrial waste streams into biogas, which is expected to drive the biogas plant market in the coming years.
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Who are the key players operating in the industry?
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Agraferm GmbH
- AB Holding S.p.a.
- Air Liquide S.A.
- Ameresco Inc.
- BTS Biogas Srl/GmbH (Bioenergy Devco)
- Engie SA
- EnviTec Biogas AG
- Finn Biogas
- IES BIOGAS S.r.l. (Snam SPA)
- NASKEO environnement
- PlanET Biogas Group GmbH
- Scandinavian Biogas Fuels International AB
- Wärtsilä Oyj Abp.
What is included in market segmentation?
Breakup by Biogas Plant Type:
- Small-scale Digesters
- Medium-to-Large-scale Digesters
Breakup by Feedstock:
- Agricultural Waste
- Industrial Waste
- Sewage Sludge
- Others
Breakup by Digestor Type:
- Wet Anaerobic Digestion
- Dry Anaerobic Digestion
Breakup by Application:
- Electricity Generation
- Biofuel Generation
- Heat Generation
Breakup by Region:
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
- North America: (United States, Canada)
Key highlights of the report:
- Market Outlook (2017- 2022)
- Market Performance (2023-2028)
- Porter's Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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