Global Biogas Plants Market to Reach $6.5 Billion by 2026

2022-05-22 01:50:22 By : Mr. Dragon Hou

February 24, 2022 07:07 ET | Source: ReportLinker ReportLinker

New York, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Biogas Plants Industry" - https://www.reportlinker.com/p06030929/?utm_source=GNW -Online interactive peer-to-peer collaborative bespoke updates -Access to our digital archives and MarketGlass Research Platform -Complimentary updates for one year Global Biogas Plants Market to Reach $6.5 Billion by 2026 Biogas plants can convert energy crops, organic industrial and municipal solid waste, and manure, into efficient fertilizer and reduce the odors associated with traditional manure management. The most important factor driving the growth of biogas is that it is eco-friendly and produced from a wide variety of organic materials and wastes, such as crop residues, animal manure, sewage sludge, municipal/industrial organic waste, stillage from ethanol production, and specially grown energy crops. Biogas holds immense application scope in the transportation and power generation sectors. Biogas is extensively employed in gas engines for converting the energy into heat and electricity. The market growth is also governed by implementation of environmental and governmental legislations and regulations that favor biogas, especially in developed regions such as the US and Europe. Given the numerous advantages of biogas, venture capital investments are the one on the rise for biogas plants, especially in the agriculture and food industry. Interest in biofuels, on the whole, is escalating with start-ups in this sector cornering some of the largest venture backed funding. Rising cost of energy is encouraging companies to invest in building biogas plants for decentralized generation of renewable energy from organic wastes and residues. These energy recovery plants located at the site of origin of wastes also help companies eliminate waste disposal costs. Developments in the field of anaerobic digestion will also positively impact the market. Amid the COVID-19 crisis, the global market for Biogas Plants estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$6.5 Billion by 2026, growing at a CAGR of 6.7% over the analysis period. The U.S. Market is Estimated at $468.8 Million in 2021, While China is Forecast to Reach $828.6 Million by 2026 The Biogas Plants market in the U.S. is estimated at US$468.8 Million in the year 2021. The country currently accounts for a 10.27% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$828.6 Million in the year 2026 trailing a CAGR of 8% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 5.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR while Rest of European market (as defined in the study) will reach US$881.9 Million by the end of the analysis period. Europe represents a key market with 75% of the total biogas being used for the production of electricity. In terms of both consumption and production of biogas, Europe is ahead of the other nations mainly due to increased government regulation for environment friendly initiatives. The leading biogas producing countries in Europe include Germany, France, Italy and Switzerland. Biogas production in the US is predicted to grow significantly by 2030, leading to massive inflow of the renewable natural gas for vehicle along with non-vehicle applications. Growth in the Asia-Pacific region is being spurred by continuous infrastructure development and business expansion in the region, especially in the emerging markets such as China and India. China and India have been producing biogas at the household level for past several decades. These small plants have been using human and animal excrement as raw materials and subsequent gas generated is mostly used for illumination as well as cooking purposes, and small combustion engines on a few occasions. Select Competitors (Total 119 Featured) -

Read the full report: https://www.reportlinker.com/p06030929/?utm_source=GNW I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Influencer Market Insights World Market Trajectories Impact of Covid-19 and a Looming Global Recession COVID-19 Pandemic Derails Biogas Projects and Dampens Investor Interest Global Investments in Clean Energy & Efficiency Technologies: (In US$ Billion) for the Years 2018, 2019 & 2020 COVID-19 Redirects Focus on Green Principles and Presents Unique Prospects for Biogas Perceived Correlation between COVID-19 Virus Impact & Air Pollution Shifts Focus toward Biogas Production Biogas Plants - Global Key Competitors Percentage Market Share in 2022 (E) Pressing Need to Reduce Fossil Fuel Dependency Spurs Opportunities for Biogas Global Primary Energy Consumption: Percentage Breakdown of Volume by Fuel Type - Oil, Gas, Coal, Nuclear, Hydroelectricity & Renewables for Years 2016, 2020, 2030 & 2040 Growing Focus on Renewables Benefits the Biogas Market Global Renewable Energy Breakdown by Type: 2010 Vs 2030 Biogas: A Prelude Composition of Biogas Benefits & Uses Global Biogas Consumption by End-use: 2020 Biogas Feedstock Biogas Production from Select Feedstock (in Cubic meters) Biogas Plants: A Brief Review Steps Involved in the Production of Biogas Biogas Plant Equipment/Components Market Outlook Major Regional Markets Biogas to Amass Staggering Gains with Favorable Drivers Strong Focus on Renewable Energy to Favor Biogas Projects in China Policy Support Favor Growth Biogas Plants Feed Stocks Vary Depending on Regional Specifications Production of Biogas by Feedstock Source by Region: 2019 Recent Market Activity Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E) 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS Technology Innovations & Advancements Benefit Biogas Adoption Dependence on Crude Oil: A Fundamental Driver Average Annual OPEC Crude Oil Prices (in US$ per Barrel) for Years 2010 through 2021 Environmental Concerns Drive Market Growth CO2 Emissions Worldwide (in billion metric tons) from 2020-2050 Global Green House Gas Emissions by Source (2019) Domestic Targets for Greenhouse Gas Emissions of Select Regions/ Countries Targets for Electricity Production from Renewable Energy Sources in Select Countries Investments Drive Momentum Sustained Rise in Electric Power Consumption Drives the Need for Alternative Energy Sources Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035 Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040 Rapid Urbanization Triggers Growth World Urban Population in Millions 1950-2050P Transportation Industry and Growing Interest in Biogas Rise in use of Agricultural Residues as Feedstock Rise in Feedstock Availability and Escalating Volumes of MSW Augurs Well for Market Growth Global Waste Generation, by Region (in millions of tonnes/year): 2016, 2030, 2050 CHP: An Expanding Market Efforts to Exploit Different Aspects of Biogas Production Facilities Turn to Upgrade to Bio-Methane Industry Centers Efforts to Make Biogas Production More Profitable Emerging Fuel Production Technologies to Streamline Biogas Production Process 4. GLOBAL MARKET PERSPECTIVE Table 1: World Recent Past, Current & Future Analysis for Biogas Plants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR Table 2: World Historic Review for Biogas Plants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR Table 3: World 15-Year Perspective for Biogas Plants by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027 III. MARKET ANALYSIS UNITED STATES Biogas Plants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E) Market Analytics Market Overview Biomass for Power Generation The US Power Generation Capacity by Energy Source: 2019 Renewable Energy Holds Promising Future in Transportation Applications CNG Vehicles in Circulation the US in 000 Units: 2009-2019 Agri-Food Sector Holds Tremendous Potential for AD Growth Challenges Faced by the US Biogas Industry Financing Challenges Slow Down Deployment of Anaerobic Digesters Opportunities for Biogas Projects Table 4: USA Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 5: USA Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR CANADA Market Overview Key Policy Drivers Table 6: Canada Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 7: Canada Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR JAPAN Biogas Plants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E) Market Overview Energy Power Transition in Japan: 2014 Vs 2019 Table 8: Japan Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 9: Japan Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR CHINA Biogas Plants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E) Market Overview Table 10: China Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 11: China Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR EUROPE Biogas Plants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E) Market Overview Total Number of Biogas Plants in Europe: 2010-2018 Breakdown of Number of Biogas Plants in Europe by Country: 2017 Biogas Electricity Generation to Post Strong Growth Total Installed Electric Capacity in the Biogas Sector in Europe: 2010-2018 Key Statistical Findings Renewable Electricity Generation in EU by Type: 2019 Number of Biogas Plants in Europe by Source Type: 2019 Total Greenhouse Gas Emissions in EU: 2006-2040 Table 12: Europe Recent Past, Current & Future Analysis for Biogas Plants by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR Table 13: Europe Historic Review for Biogas Plants by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR Table 14: Europe 15-Year Perspective for Biogas Plants by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2021 & 2027 FRANCE Biogas Plants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E) Market Overview Biogas Production in Germany by Source : 2019 Table 15: France Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 16: France Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR GERMANY Biogas Plants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E) Market Overview Biogas Production in Germany by Source : 2019 Biogas Production in Germany, by Feedstock Type: 2019 Table 17: Germany Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 18: Germany Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR ITALY Market Overview Italian Renewable Electric Power Capacity by Technology (2019) Table 19: Italy Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 20: Italy Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR UNITED KINGDOM Biogas Plants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E) Market Overview Table 21: UK Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 22: UK Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR REST OF EUROPE Select Regional Markets Austria Czech Republic Denmark The Netherlands Biogas Production in Germany, by Feedstock Type: 2019 Table 23: Rest of Europe Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 24: Rest of Europe Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR ASIA-PACIFIC Biogas Plants Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E) Select Regional Markets India Indian Renewable Electric Power Capacity by Source (2019) Australia Table 25: Asia-Pacific Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 26: Asia-Pacific Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR REST OF WORLD Select Regional Markets Brazil South Africa Market Analytics Table 27: Rest of World Recent Past, Current & Future Analysis for Biogas Plants by Segment - Biogas Plants - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR Table 28: Rest of World Historic Review for Biogas Plants by Segment - Biogas Plants Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2012 through 2019 and % CAGR IV. COMPETITION Total Companies Profiled: 119 Read the full report: https://www.reportlinker.com/p06030929/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________