August 24, 2021
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, global biogas market size is projected to be worth USD 110 billion by the year 2025.
Surging demand for efficient waste management practices, easy availability of feedstock, and supportive government regulations are the key growth stimulants for global biogas market. Increasing efforts towards diversification of energy portfolio, in tandem with rising concerns regarding controlling emissions from conventional power plants will drive industry outlook as well.
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While increasing demand for energy will aid revenue inflow, high initial investment will act as a challenge for industry partakers.
Based on substrate, the organic waste segment is anticipated to grow considerably between 2019-2025, due to growing importance of resource recovery practices, and increasing biogas production from biodegradable sources. Rising population has increased availability of feedstock and is thus adding to the segmental share.
As per size, <500 kW segment of worldwide biogas industry is speculated to witness significant expansion between 2019-2025, owing to rising investments for the development of small scale commercial and residential biogas plants. Changing consumer preference for being energy independent, and decentralization of energy systems also facilitate expansion of this segment.
Speaking of process, anaerobic digestion segment is estimated to register massive growth over the analysis timeframe, on account of surging demand for efficient treatment of wet residual biomass. Moreover, usage of semi-solid anaerobic digestion residue as fertilizer will also drive revenue inflow.
Considering technology, with pre-hydrolysis segment is projected to garner substantial traction between 2019-2025, due to limited production of biosolids, cost-effective nature, and better energy recovery. Growing demand for effective sludge stabilization measures will add to the segmental share as well.
Moving on to application scope, global biogas market share from commercial segment is set to expand at 7% CAGR through 2025 on the back of installation of large number of biogas plants due to high energy density and easy availability of feedstock. Implementation of mandates regarding usage of renewable energy, and billowing energy prices are also credited for segmental augmentation.
From regional frame of reference, Europe biogas industry size is slated to expand substantially between 2019-2025, owing to adoption of favorable policies, in consort with growing investments towards modernization of sludge treatment and disposal infrastructure. Efforts for decreasing carbon emissions, growing interest in efficient biological waste management, and efforts to improve energy security are contributing to market expansion as well.
Leading players profiled in the business intelligence report are Agrivert Limited, EnviTec Biogas AG, Zorg Biogas AG, Scandinavian Biogas Fuels International AB, Krieg & Fischer Ingenieure GmbH, Viessmann Group, Agrinz Technologies GmbH, IES Biogas S.r.l., Weltec Biopower GmbH, BTS Biogas, Bio-En Power Inc., Gasum Oy, CH4 Biogas LLC, Agraferm Technologies AG, Engie SA, BDI-BioEnergy International GmbH, AB Holding S.p.A., PlanET Biogas Global GmbH, ÖKOBIT GmbH, and Xergi A/S.