The global biogas market is expected to grow from $58.90 billion in 2020 to $64.14 billion in 2021 at a compound annual growth rate (CAGR) of 8.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The biogas market is expected to reach $88.47 billion in 2025 at a CAGR of 8.4%.
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The biogas market consists of sales of biogas by entities (organizations, sole traders, and partnerships) that are engaged in the production of biogas. Biogas is a form of biofuel that is created spontaneously when organic waste decomposes. Biogas generation is also known as anaerobic digestion since it occurs in the absence of oxygen. It can be used for a range of purposes including automotive fuel, cooking, and power generation.
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The biogas market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the biogas market are PlanET Biogas Global GmbH, Scandinavian Biogas, EnviTec Biogas AG, IES BIOGAS Srl, Air Liquide, Weltec Biopower GmbH, Biofrigas Sweden AB, Ameresco Inc., Wartsila, Engie SA, Bio-En Power Inc., Swedish Biogas International, CH4 Biogas, SP Renewable Energy Sources Pvt. Ltd, Beijing Sanyi Green Energy Development Co. Ltd, Biofuel USA Corporation, Quadrogen, Viessmann, BTS-biogas, Agraferm, Gasum, Xergi A/S, Zorg Biogas, Future Biogas Limited, and AAT Biogas Technology.
The global biogas market is segmented –
1) By Source: Municipal Waste, Industrial Waste, Agricultural Waste, Others
2) By Application: Residential, Commercial, Industrial
3) By End User: Power Generation, Heat Generation, Cogeneration, Others
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The biogas market report describes and explains the global biogas market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The biogas report evaluates the market across each region and for the major economies within each region.
The countries covered in the global biogas market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global biogas market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Biogas Market Characteristics
- Biogas Market Product Analysis
- Biogas Market Supply Chain
- Key Mergers And Acquisitions In The Biogas Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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