Global Biogas Market 2024-2028
The biogas market is forecasted to grow by USD 19.51 bn during 2023-2028, accelerating at a CAGR of 6.01% during the forecast period. The report on the biogas market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased generation of municipal solid waste, stringent regulations about the reduction of GHG emissions, and increasing government support to develop biogas as fuel.
Technavio's biogas market is segmented as below:
- By Application
- Co-generation
- Power generation
- Heat in buildings
- Upgraded to biomethane
- By Source
- Agricultural waste
- Landfill
- Sewage sludge and others
- By Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the increased use of biogas as piped gas as one of the prime reasons driving the biogas market growth during the next few years. Also, an integrated waste management system and a decline in coal-based power generation will lead to sizable demand in the market.
The report on the biogas market covers the following areas:
- Biogas market sizing
- Biogas market forecast
- Biogas market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biogas market vendors that include AB Holding Spa, AEV Energy GmbH, Agrinz Technologies GmbH, Air Liquide SA, Ameresco Inc., BDI BioEnergy International GmbH, EnviTec Biogas AG, Future Biogas Ltd., Hitachi Zosen Corp., PlanET Biogastechnik GmbH, Renergon International AG, Stormfisher Ltd., TotalEnergies SE, Wartsila Corp., and WELTEC BIOPOWER GmbH. Also, the biogas market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.