The report on the Biogas Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2022-2027. The report also offers insights into different market segments and other factors affecting the market.

Report Forecast:

The biogas market is estimated to grow at a promising CAGR of 7.2% during the forecast period.

Biogas is a renewable fuel produced by the breakdown of organic matter such as animal waste, food scraps, agricultural waste, and plant material. It majorly consists of methane, carbon dioxide, and hydrogen sulphide. Biogas can be utilized in a variety of ways, including vehicle fuel, heating, and electricity generation.

The market's growth is influenced by a number of factors that have a significant or indirect impact on demand. An overview of such factors can be found in our report, which is derived utilizing SWOT analysis, industry life cycle, and supply chain analysis. Such key information can help market participants and investors identify the low-hanging fruits in the market and establish strategic initiatives to accelerate their growth.

COVID-19 IMPACT on the Market-

The COVID-19 pandemic has influenced almost all the industries, little or large, dealing in any sector.

The growth curves of Biogas market have witnessed enormous ebb and flows in the year 2020. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2022 is probably going to be superior to 2020 for the Biogas market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

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The Cornerstones in the market-

Listed below are the top key players that dominate the Biogas market –

  • Agraferm Technologies AG
  • Agrinz Technologies GmbH
  • BDI - Bioenergy International GmbH
  • BTS-Biogas
  • EnviTec Biogas AG
  • Gasum Oy
  • PlanET Biogas Global GmbH
  • Scandinavian Biogas Fuels International
  • Viessmann Group
  • Weltec Biopower.

Market Segments' Analysis

The report segments based upon demographics, geographics, benefits and volume etc, has different leading factors and identifies the most-attractive segments and sub-segments. The market segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns that leads a roadmap to success.

The Biogas market is segmented into the following categories.

By Substrate Type

The market is bifurcated into organic waste, sewage sludge, energy crops, and others. Energy crop is estimated to register high growth in the market during the forecast period.

  • High energy density, low investment costs, and fast biogas production are some of the key factors influencing the deployment of energy crop-based biogas plants.
  • The most commonly used substrates for agricultural biogas plants are maize and manure mixtures.
  • Increasing financial support, comprising feed-in tariffs & subsidy schemes for electricity generation from biogas, is expected to enhance the growth of the segment in the coming years.

By Size Type

The market is segmented as <500 kW, 500 kW – 3 MW, and >3 MW. The <500 kW segment is expected to register substantial gains during the forecast period.

  • This growth is owing to surging investments toward the development of commercial and residential biogas plants.
  • Furthermore, shifting trends toward decentralisation of power generation systems and increasing investments in the deployment of energy-efficient technologies are likely to accelerate the growth of the segment over the forecast period.

By Technology Type

The market is segmented as with pre-hydrolysis and without pre-hydrolysis. With pre-hydrolysis technology is likely to account for a significant share of the market during the forecast period.

  • Low costs, energy recovery and minimal production of biosolids are a few of the key factors driving the adoption of pre-hydrolysis technology across biogas plants.

By Process Type

The market is segmented as landfill, sewage sludge, anaerobic digestion, and pyrolysis & gasification. Anaerobic digestion is estimated to witness significant growth in the market during the forecast period.

  • Growing demand for conservation of agricultural land is expected to drive the adoption of anaerobic digestion.
  • Furthermore, the segment's growth is driven by ongoing initiatives aimed at improving rural economic growth.

By Application Type

The market is segmented as residential, commercial, and industrial. The residential segment is estimated to register high growth in the market during the forecast period.

  • The biogas industry from residential application is expected to grow at a rapid pace, owing to limited grid connectivity, especially in rural areas.
  • Furthermore, increasing demand for ancillary energy services in agricultural processing, as well as growing concerns toward energy security, is likely to fuel the deployment of biogas plants in the residential sector in the coming years.

Regional Analysis

North America is estimated to account for a significant share of the market during the forecast period. Factors such as the growing need to reduce reliance on fossil fuels, ongoing technological innovations and declining costs, and favourable government policies are expected to drive the regional market growth during the forecast period.

Europe, on the other hand, is expected to experience significant market growth during the forecast period as a result of the ongoing transition toward a sustainable & circular economy, as well as a shift in focus toward cost-effective waste management practices.

eport Customization Options

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  • Company Profiling
  • Detailed profiling of key market players (up to 3 players)
  • SWOT analysis of key market players (up to 3 players)

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