December 27, 2019
According to the research report titled ‘Biogas Market Size By Substrate (Organic Waste, Sewage Sludge, Energy Crops, Others), By Size (<500 kW, 500 kW - 3 MW, >3 MW), By Technology (With Pre-hydrolysis, Without Pre-hydrolysis), By Process (Landfill, Sewage Sludge, Anaerobic Digestion {Wet AD, Dry AD}, Pyrolysis & Gasification), By Application (Residential, Commercial, Industrial) Industry Analysis Report, Region Outlook, Competitive Market Share & Forecast, 2019-2025’, available with Market Study Report, the global biogas market is expected to cross USD 110 billion by the year 2025.
Rising concerns regarding emissions mitigation from power generation stations along with increasing efforts towards preserving the environment may act as the key drivers for biogas market growth. Favorable federal reforms along with a surging need for efficient waste management systems are aiding market expansion.
Based on substrate, the organic waste segment is expected to grow substantially owing growing demand for biogas from sustainable sources of garbage. Moderate population growth meanwhile is leading to increase in waste products accumulation which in turn paving the way for easy availability of biogas feedstock.
Report cites that the <500 kW biogas market will register significant growth due to escalating investments in development small scale commercial and residential biogas plants. Shifting consumer preferences towards independent energy solutions in consort with ongoing decentralization of energy systems may stimulate segment growth.
As per technology, pre-hydrolysis segment is expected to grow owing to its benefits such as limited biosolids production, minimal costs and improved energy recovery capabilities. Meanwhile, surging demand for efficient and effective wet residual biomass treatment solutions is fueling the anaerobic digestion biogas segment growth. This method includes biochemical conversion of organic matter and water into methane which can then be utilized as an organic crop fertilizer.
Citing application, the commercial biogas market is expected to grow by 7% by the year 2025. Inflating energy prices in tandem with introduction of various environmental conservation measures are contributing to the popularity of the biogas technology in various commercial applications.
Request sample copy of this Report@ https://www.marketstudyreport.com/request-a-sample/2337469/
In terms of regional share, Europe biogas market will register considerable growth due to escalating investments in modernizing disposal infrastructure and sludge treatment solutions. Growing focus in reducing worldwide carbon footprint and enhanced energy solutions coupled with favorable government policies which encourage deployment of biogas technology are few factors driving the Europe market growth.
Prominent companies operating in the biogas market include Gasum, AB Holding, BDI, PlanET Biogas, IES Biogas, Agraferm, Viessmann, WELTEC, BIO-EN Power, Agrinz, BTS-Biogas, Scandinavian Biogas and Envitech Biogas among others.