The global biogas market is projected to grow at a CAGR of 8.6% from 2013 to 2018 (forecast period). Higher focus on controlling greenhouse gas emissions due to their hazardous effect on the environment is the chief market driver. Many environmental groups and almost every government are stressing the adoption of green energy sources like biogas. Moreover, the prices of conventional energy resources have escalated over the years, stimulating exploration of alternative resources.
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Biogas offers a smart solution to sanitation problems and therefore has a promising future. It is perceived to be a versatile energy carrier, having huge potential to cater to the growing demand for power, heat, and fuel. It offers large resource efficiencies and holds great environmental and socioeconomic value. Biogas possesses the ability to be purified and upgraded to the same quality as that of natural gas. It can then be input into grids meant for natural gas.
The increasing infrastructure for natural gas is observed to be a key trend fueling demand of biogas. Good production technologies and regulatory & legislative support are expanding the growth prospects of the biogas industry. However, the initial investment for setting up a biogas plant is extremely high. This could deter its adoption and adversely affect market growth.
The global biogas market is segmented on the basis of applications, end-users, technologies, and regions.
Applications consist of three types, namely, vehicle fuel, electricity & heat, & others. Electricity & heat is expected to be the largest application during the forecast period. With the increasing number of vehicles running on biogas, this application type will also grow at a significant pace till 2018. Nations that encourage biogas as a vehicle fuel encompass India, Malaysia, China, Thailand, Germany, and Sweden. End-users include industries, municipalities, farmers, and others.
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Based on technology, the market is divided into two categories, landfill and anaerobic digesters. Regional market segments comprise APAC (Asia Pacific), EMEA (Europe, Middle East, & Africa), and the Americas (North America, South America, & Central America).
Eminent participants in the global biogas market include Schmack Biogas GmbH, Biogas Nord AG, MT-Energie GmbH, Envite Biogas AG, BiogenGreenfinch, ADI Systems, WELTEC BIOPOWER GmbH, and Bekon.
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Table of Contents
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
3.1 Market Overview
3.2 Product Offerings
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