PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1652585
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1652585
Biogas Market Introduction and Overview
According to SPER Market Research, 'Global Biogas Market Size- By Source, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Biogas Market is predicted to reach 105.56 billion by 2034 with a CAGR of 4.43%.
Biogas is a clean, sustainable energy source produced by the anaerobic digestion of organic waste such as food scraps, agricultural wastes, manure, and sewage. In the absence of oxygen, microbes decompose the organic materials during this biological process, creating a gas mixture that is high in methane. Biogas is a significant substitute for fossil fuels since this methane may be used for a number of purposes, such as heating, power generating, and automobile fuel.
Restraints: The enormous infrastructure required for biogas facilities is primarily responsible for their high capital investment requirements. Large amounts of land, often measured in acres, are necessary for these businesses to house digester units, storage facilities, and other ancillary equipment. The initial expenditures are enhanced further by the acquisition of specialized equipment such as digesters, gas storage tanks, and purification systems. Furthermore, there are ongoing costs involved with the acquisition, transportation, storage, and sorting of feedstock sources such as organic municipal trash, manure, and agricultural waste.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Source, By Application.
Regions covere
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
Agrinz Technologies GmbH, Air Liquide, DMT International, Gasum Oy, HomeBiogas Inc, PlanET Biogas, Scandinavian Biogas Fuels International AB, Schmack Biogas Service, nXebec Adsorption Inc.
Biogas Market Segmentation:
By Source: Based on the Source, Global Biogas Market is segmented as; Municipal, Industrial and Agricultural.
By Application: Based on the Application, Global Biogas Market is segmented as; Vehicle Fuel, Electricity, Heat, Upgraded Biogas and Cooking Gas.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.