Organic biogas market size was worth over USD 19.5 billion in 2015 and is forecast to exceed USD 32 billion by 2023, growing at more than 6% CAGR from 2016 to 2023.
Biogas is a combination of different gas mixtures which is produced from organic waste in the absence of oxygen. It is prepared from biodiesel and ethanol by-products and anaerobic digestion of organic residues and energy crops. The decomposing process creates methane which can be transformed into electricity or stored and transported and it can also be burnt directly as a gas. This resource can also be upgraded to a similar quality of natural gas in order to input into natural gas grids.
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Resource types consist of agri-food industries waste, green waste, wastewater treatment plants sludge, grease, manure & liquid manure, cultures and by-products. Agri-food industries waste and grease are expected to witness high demand owing to the presence of methane. During biogas ignition, methane is turned into water and carbon dioxide, which helps reduce the adverse effect on the environment.
Increase in preference of renewable energy over conventional energy coupled with favorable regulatory policies is likely to positively influence the organic biogas market size. Governments worldwide and various environmentalists are promoting this resource as it is cleaner fuel than conventional fuels. Numerous biogas plants are expected to be installed in next few years. Rise in environmental concerns and fluctuating climate encouraged people to save the atmosphere and personal health by opting eco-friendly resources.
Organic biogas market share is fragmented and consists of Air Liquide, DGE GmbH, Carbotech, Xebec Adsorption, Cirmac, Greenlane, DMT Environmental Technology, MT Energie, Guild Associates, Kohler & Ziegler, Ros Roca Envirotec, Acrona Systems, Malmberg Water, Dreyer & Bosse, Prometheus Energy Van Der Wiel Stortgas, and Kraftwerke GmbH.
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This latest Organic Biogas market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across a number of regional markets. The report also analyzes the Organic Biogas industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.
Browse key industry insights spread across market data tables, figures & charts from the report “Organic Biogas Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2023”in detail along with the table of contents:
Key Insights in this Report
- Organic Biogas market size & forecast by product & application
- Growth drivers, pitfalls & industry challenges
- Key Organic Biogas market growth opportunities & emerging business models
- Competitive benchmarking with market share analysis and company profiles
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