Global Biogas Plant Market Size, Share, Industry Growth, Key Players Analysis and Report to 2022-2027 - Digital Journal

2022-10-11 06:15:13 By : Mr. ydel ydel

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 The latest research study “Biogas Plant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global biogas plant market size reached 18.72 GW in 2021. Looking forward, IMARC Group expects the market to reach 28.6 GW by 2027, exhibiting a growth rate (CAGR) of 7.10% during 2022-2027.

A biogas plant represents a facility that offers oxygen-free conditions for the anaerobic digestion of agricultural biomass, municipal and industrial organic waste, and sewage sludge. It comprises a digester or fermentation tank, reception area, and gas holder to convert waste into sustainable energy and fertilizers. A 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. It prevents the release of methane (CH4) into the atmosphere during the manufacturing process. As a result, biogas plants are used to generate heat and electricity in various power factories while providing energy to electricity grids.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Biogas Plant Market Trends and Drivers:

The rising awareness among the masses toward the harmful impact of air pollution and the depletion of fossil fuel resources are primarily driving the biogas plant market. Besides this, various technological innovations and advancements, such as dendro liquid energy (DLE) and BioBang, are further augmenting the market growth. Moreover, the launch of several policies by the government bodies to increase the production of biogas to reduce the carbon footprints and greenhouse gas emissions is also catalyzing the global market. Apart from this, the growing popularity of small-scale digesters in rural areas for cooking and heating purposes, owing to their lower investment and infrastructure, is acting as another significant growth-inducing factor. Additionally, the increasing need for renewable energy sources across the globe is also stimulating the market growth. Furthermore, the introduction of various techniques by the leading players to convert cellulose-containing industrial waste streams is expected to bolster the biogas plant market in the coming years.  

Biogas Plant Market 2022-2027 Analysis and Segmentation:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Who are the key players in the Biogas Plant Market ?

AB Holding S.p.a., Agraferm GmbH, 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 and Wärtsilä Oyj Abp.

Ask Analyst for Customization and Explore Full Report with TOC List of Figure: https://www.imarcgroup.com/biogas-plant-market

The report has segmented the market on the basis of biogas plant type, feedstock, digestor type and application.

Breakup by Biogas Plant Type:

Key highlights of the report:

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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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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