Global Waste-Derived Biogas Market Size study, by Type (Live Stock Manure, Sewage, Food Waste, Crop Residue), by Application (Residential, Commercial, Industrial), and Regional Forecasts 2023-2032
Global Waste-Derived Biogas Market is valued approximately at USD 67.57 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 2021-2030. Biogas, a renewable and environmentally friendly fuel, is produced by converting various forms of organic waste into gas. Its primary applications include road vehicle fuel and industrial uses such as municipal and on-site electricity production. The production process also contributes organic nutrients to the circular economy.
The market's growth is propelled by rising environmental awareness and concerns over fossil fuel supplies. Rapid infrastructure development and increased energy demand from commercial and industrial sectors further drive the market. Stringent pollution regulations, heightened understanding of environmental conservation, and corporate social responsibility (CSR) initiatives significantly contribute to the market's expansion. However, the high initial costs of manufacturing setups pose a challenge to market growth. Conversely, the increasing demand for renewable energy resources and the global population surge present lucrative opportunities for market development during the forecast period.
Key regions considered for the Global Waste-Derived Biogas Market study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In year 2023, Europe is the leading region in the global waste-derived biogas market, primarily due to its strong regulatory framework and proactive policies aimed at reducing greenhouse gas emissions and promoting renewable energy. The European Union's Renewable Energy Directive and various national policies provide significant incentives for the production and use of biogas, making it a lucrative market for biogas projects. Additionally, Europe has a well-established infrastructure for waste management and biogas production, supported by advanced technologies and extensive research and development initiatives. Moreover, Asia Pacific is projected to registered fastest growth during the projected period 2023-2032.
Major market players included in this report are:BEKON GmbH
Evoqua Water Technologies LLC
Cargill, Inc.
AAT Abwasser - und Abfalltechnik GmbH
Biogen Greenfinch
N-bio GmbH
Siemens AG
Zorg Biogas
WELTEC BIOPOWER GMBH
Environmental Products & Technology Corp.
Biofrigas Sweden AB
Energías Renovables de la Región de Murcia S.A. (Enerbiom)
AAT Abwasser- und Abfalltechnik GmbH
PlanET Biogastechnik GmbH
SP Renewable Energy Sources Pvt. Ltd. (SPRE)
The detailed segments and sub-segment of the market are explained below:By Type
Live Stock Manure
Sewage
Food Waste
Crop Residue
By Application
Residential
Commercial
Industrial
By Region:
North America
U.S.
Canada
Europe
France
Germany
UK
Spain
Italy
Rest of Europe
Asia Pacific
India
China
Japan
South Korea
Australia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East
Saudi Arabia
South Africa
Rest of Middle East and Africa
Years considered for the study are as follows:Historical year – 2021
Base year – 2022
Forecast period – 2022 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.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.