Overview and Scope
A biogas plant is a structure that offers digestion conditions devoid of oxygen. Waste can be transformed into sustainable fertilizer and biogas with this technology.
Sizing and Forecast
The biogas plant market size has grown rapidly in recent years. It will grow from $3.81 billion in 2023 to $4.21 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to regulatory milestone, urban waste management initiatives, early market development, pioneering biogas applications, community and rural initiatives, public awareness and education.
The biogas plant market size is expected to see rapid growth in the next few years. It will grow to $6.27 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to bio-cng and biofuel growth, urban infrastructure development, circular economy strategies, waste management focus, integration with agriculture. Major trends in the forecast period include renewable energy demand, government incentives and policies, climate change mitigation goals, rural development initiatives, technological advancements.
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Segmentation & Regional Insights
The biogas plant market covered in this report is segmented –
1) By Biogas Plant Type: Small-Scale Digesters, Medium-To-Large-Scale Digesters
2) By Digester type: Dry Anaerobic Digestion, Wet Anaerobic Digestion
3) By Feedstock: Energy Crops, Agriculture Residue, Bio-Municipal Waste, Other Feedstocks
4) By Application: Power Generation, Heat Generation, Transportation
Europe was the largest region in the biogas plant market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biogas plant market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing use of renewable sources of energy is driving the biogas plant market going forward. The energy that is derived from natural sources is referred to as renewable energy. This also includes bioenergy sources, which include biogas and biomethane. Major developing countries are shifting towards the use of renewable sources of energy for their energy needs as these sources generate less CO2 than conventional sources, and biogas plants are beneficial in the generation of biogas, which is one of the varieties of renewable energy sources. For instance, according to data from the International Energy Agency, a France-based autonomous intergovernmental organization, globally, renewables account share is forecasted to increase up to 33% by 2025. Therefore, the growing use of renewable sources of energy drives the biogas plant market growth.
Key Industry Players
Major companies operating in the biogas plant market report are A2A SpA, AB Holding SpA, Agraferm GmbH, Air Liquide SA, Ameresco Inc., Biofrigas Sweden AB, BTS Biogas SRL/GmbH, Carbotech Gas Systems GmbH, Cryonorm BV, Cryostar SAS, Engie SA, EnviTec Biogas AG, Finn Biogas, Future Biogas Limited, FWE GmbH, Gasum Oy, Green Elephant, Greenlane Renewables Inc., IES BIOGAS Srl, Malmberg Water AB, Naskeo Environnement SA, PlanET Biogas Group, Primove Engineering Private Limited, Quantum Green Energy, Renergon International AG, Scandinavian Biogas Fuels International AB, Spectrum Renewable Energy Limited, Stirling Cryogenics India Pvt. Ltd., StormFisher Ltd., STRABAG SE, Swedish Biogas International AB, Thöni Industriebetriebe GmbH, Wärtsilä Oyj Abp, Weltec Biopower GmbH, Xebec Adsorption Inc.
The biogas plant market report table of contents includes:
- Executive Summary
- Biogas Plant Market Characteristics
- Biogas Plant Market Trends And Strategies
- Biogas Plant Market – Macro Economic Scenario
- Global Biogas Plant Market Size and Growth
- Biogas Plant Market Segmentation
- Biogas Plant Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Biogas Plant Market
- Biogas Plant Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Biogas Plant Market, Segmentation By Biogas Plant Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Biogas Plant Market, Segmentation By Digester Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Biogas Plant Market, Segmentation By Feedstock, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…………
Table 75: A2A SpA Financial Performance
Table 76: AB Holding SpA Financial Performance
Table 77: Agraferm GmbH Financial Performance
Table 78: Air Liquide SA Financial Performance
Table 79: Ameresco Inc. Financial Performance
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