Global Biogas Market Size study, by Source (Landfill Gas, Livestock Waste, Municipal Waste, Others) by Application (Buildings, Power Generation, Co-Generation, Others) and Regional Forecasts 2022-2032
Global Biogas Market is valued at approximately USD XX billion in 2023 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2024-2032. Biogas is a renewable energy source produced through the anaerobic digestion of organic materials such as agricultural waste, animal manure, food waste, and sewage. Biogas is widely used for electricity generation, heating, and as a vehicle fuel. Additionally, it can be upgraded to biomethane, a purified form suitable for injection into natural gas grids or compressed as fuel. The biogas market is witnessing significant growth driven by rising demand for renewable energy and government incentives promoting sustainable energy practices. Increasing investments in biogas production for electricity, coupled with advancements in purification technologies, are shaping the market. Additionally, the push towards reducing greenhouse gas emissions and achieving carbon neutrality is further accelerating biogas adoption globally.
The Biogas Market is driven by factors such as the rising demand for renewable energy, increasing government initiatives for sustainable energy solutions, and the growing need for effective waste management. Among these, the rising demand for renewable energy is a key driver, as biogas offers a cleaner and sustainable alternative to fossil fuels, helping reduce greenhouse gas emissions and addressing global energy needs. Opportunities supporting market growth include advancements in biogas upgrading technologies to improve efficiency and the increasing adoption of biogas in the transportation sector to promote green mobility. However, the market faces a significant restraint in the form of high initial investments required for setting up biogas plants, which limits adoption, particularly among small-scale operators and in emerging markets. Addressing these barriers is crucial for maximizing biogas’s potential as a sustainable energy source.
The key regions considered for the Global Biogas Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, the North American Biogas market accounted for the largest share in the region. The growth of the biogas market in North America is driven by increasing government incentives for renewable energy, stringent regulations to reduce greenhouse gas emissions, and rising investments in waste-to-energy projects. Additionally, the growing adoption of biogas in transportation and power generation, coupled with advancements in anaerobic digestion technology, supports the market's expansion across the region. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period.
Major market player included in this report are:Agrinz Technologies GmbH
Air Liquide
DMT International
Gasum Oy
HomeBiogas Inc.
PlanET Biogas
Scandinavian Biogas Fuels International AB
Schmack Biogas Service
Total
Xebec Adsorption Inc.
The detailed segments and sub-segment of the market are explained below:By Source
Landfill Gas
Livestock Waste
Municipal Waste
Others
By Application
Buildings
Power Generation
Co-Generation
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.