Biogas Market Synopsis
Biogas Market Size Was Valued at USD 58.43 Billion in 2023, and is Projected to Reach USD 86.09 Billion by 2032, Growing at a CAGR of 4.40% From 2024-2032.
The industry devoted to the production, distribution, and use of biogas—a sustainable energy source produced from organic materials including sewage, food waste, and agricultural waste via anaerobic digestion or other biological processes—is known as the biogas market. Methane is the primary component used to generate energy from biogas, with carbon dioxide making up the majority of the mixture. This market includes the building of biogas plants, the development of technologies for effective digestion processes, the upgrading and purification of biogas for injection into natural gas grids, and the use of biogas as a clean alternative fuel for heating and transportation. By lowering greenhouse gas emissions, encouraging waste management, and boosting energy security by producing renewable gas, the biogas market is essential to sustainable energy transitions.
- The demand for sustainable waste management solutions, strict legislation supporting renewable energy sources, and growing environmental concerns are all contributing to the robust expansion of the worldwide biogas industry. Biogas is a flexible renewable energy source that is mostly created by the anaerobic digestion of organic materials, including wastewater sludge, municipal solid waste, and agricultural waste. It has major advantages over traditional fossil fuels in terms of lower greenhouse gas emissions and less reliance on finite resources. It may be used to produce heat, power, and car fuel.
- With the help of favourable government regulations, subsidies, and a solid infrastructure for the production and use of biogas, Europe is the market leader in biogas. Germany's powerful biogas industry and thorough feed-in tariff scheme make it a standout significant market. Growing market expansion in North America is being driven by initiatives to diversify energy sources and raise awareness of climate change; the US and Canada are becoming important markets for biogas projects.
- The market is becoming more appealing due to technological developments in biogas upgrading and purification, which allow biogas to be injected into natural gas pipelines or utilized as a fuel for transportation. Furthermore, new avenues for market expansion are being opened up by the circular economy concept and the incorporation of biogas production with other industrial processes.
- However, obstacles to market expansion include costly upfront investment costs, logistical problems with feedstock procurement, and production inconsistency in biogas. Nonetheless, the biogas market is expected to increase steadily over the next several years due to ongoing government backing, technological breakthroughs, and rising public and business commitments to sustainability.
Biogas Market Trend Analysis
Global Priority for Sustainability and Renewable Energy
- Climate change and the need to cut greenhouse gas emissions have increased attention to sustainability and renewable energy sources on a worldwide scale. One notable sustainable substitute for conventional fossil fuels is biogas, which is produced from organic resources including food scraps, sewage, and agricultural waste. Because of its production and use, methane emissions from agricultural activities and landfill decomposition of organic waste are successfully reduced.
- Governments everywhere are actively encouraging the production of biogas through a range of laws and incentives as they become more aware of the benefits biogas has to offer both the environment and the economy. These programs, which include feed-in tariffs, tax incentives, requirements for renewable energy, and subsidies, are all intended to promote the adoption of biogas systems by producers and consumers. Governments hope to accomplish the goals of renewable energy established in international agreements such as the Paris Agreement, strengthen energy security, and reduce dependency on foreign fuels by encouraging the growth of the biogas industry and infrastructure. This legislative support encourages investment in biogas plants as well as technological innovation in the field, which lowers costs and improves efficiency.
Integration of Biogas into Circular Economy Frameworks
- Producing biogas is a crucial component of circular economy frameworks that contributes to the achievement of global sustainability goals by producing renewable energy and managing waste thoroughly. Biogas facilities use anaerobic digestion methods to turn organic wastes, agricultural residues, and wastewater—materials that would otherwise contribute to environmental degradation—into biogas. This two-pronged strategy promotes a comprehensive approach to resource utilization and waste reduction by producing valuable byproducts like organic fertilizers and renewable energy in addition to effectively managing waste.
- Furthermore, the production of biogas greatly reduces greenhouse gas emissions, especially methane, which is released when organic waste breaks down in landfills and during agricultural practices. Methane is a powerful contributor to climate change. Biogas plants are essential for reducing emissions and helping to meet international climate targets because they capture methane during the generation of biogas and use it as a renewable energy source.
- Closing the waste stream loop and improving resource efficiency are two ways that biogas generation advances sustainability, both of which are integral to the circular economy ideology. Localized biogas facility installation is possible with this decentralized energy infrastructure strategy, making use of locally accessible organic resources. Through the development of jobs and the use of local resources, this kind of decentralization promotes economic growth while strengthening energy resilience and lowering reliance on centralized fossil fuel-based energy systems.
Biogas Market Segment Analysis:
Biogas Market Segmented based on By Source and By Application.
By Source, Municipal segment is expected to dominate the market during the forecast period
- Municipal garbage—which includes waste from landfills and wastewater treatment facilities—is essential to the generation of biogas because organic waste decomposition releases a significant amount of methane. The main ingredients of biogas obtained from landfills are methane and carbon dioxide, which are produced when organic waste decompose anaerobically. This gas can be collected and used to produce heat or power, or it can be converted to biomethane and used for a variety of purposes. Landfill gas is a dependable and sustainable source of biogas due to its continuous output and accessibility. It also helps reduce greenhouse gas emissions from waste management methods and contributes significantly to the aims of renewable energy.
- Anaerobic digestion of sewage sludge by wastewater treatment plants also contributes to the creation of biogas. Methane and carbon dioxide make up the majority of the biogas produced during this process, which is the result of organic matter in sewage sludge going through microbial breakdown in the absence of oxygen. The treatment facility can use this biogas to produce heat and power, balancing energy costs and lowering dependency on fossil fuels. Wastewater treatment plants are essential to municipal biogas production strategies because of the combined advantages of waste treatment and renewable energy production, which support resource efficiency and environmental sustainability in urban environments.
By Application, Vehicle Fuel segment held the largest share in 2023
- The use of biomethane, which is obtained from biogas, as an automotive fuel is an expanding industry that offers noteworthy ecological benefits. As pure biogas that satisfies natural gas quality criteria, biomethane can be used as a direct replacement for fossil fuels in transportation. This renewable natural gas provides a cleaner substitute for traditional gasoline and diesel and can be utilized in compressed natural gas (CNG) and liquefied natural gas (LNG) vehicles. Because biomethane is carbon-neutral or even carbon-negative when compared to fossil fuels, its production and use help reduce greenhouse gas emissions.
- The use of biomethane as a fuel for vehicles is encouraged by government regulations and incentives in many areas, which are designed to lower air pollution and meet climate goals. By exploiting locally sourced renewable resources, its broad use improves energy security in addition to diversifying the energy mix. This industry is positioned for further expansion as natural gas vehicle infrastructure grows and biomethane production and distribution technology advances, providing a sustainable way to lessen the impact of transportation on the environment and help create a more sustainable future.
Biogas Market Regional Insights:
Asia-Pacific is Expected to Dominate the Market Over the Forecast period
- The usage of biogas is expanding quickly throughout Asia-Pacific, especially in nations like China and India. This is mostly because of a number of interrelated variables. First off, worries about environmental sustainability and energy security have grown as a result of the fast urbanization and population growth. Since biogas generates sustainable energy from organic waste from animal farming, agriculture, and municipal solid waste, it offers a feasible option. In line with global climate goals, this not only aids in waste management but also lessens reliance on fossil fuels.
- Second, government programs and subsidies are essential for propelling the biogas industry ahead. Policies that support biogas and other renewable energy sources have been put into place in both China and India. Subsidies, tax breaks, and advantageous legislative environments are some of the measures that promote investments in biogas infrastructure. In order to overcome early investment barriers and encourage the adoption of biogas technology by farmers, municipalities, and private entities, government backing is important.
- These reasons are causing China and India to become the market leaders for biogas in the Asia-Pacific region. Along with increasing their capacity to produce biogas, they are also developing novel biogas deployment and technological approaches. It is anticipated that these nations will maintain their current growth trajectory as they tackle issues related to energy security and work toward sustainable development objectives.
Active Key Players in the Biogas Market
- Agrinz Technologies GmbH
- Air Liquide
- DMT International
- Gasum Oy
- HomeBiogas Inc.
- PlanET Biogas
- Scandinavian Biogas Fuels International AB
- Schmack Biogas Service
- Total
- Xebec Adsorption Inc.
- Other Key Players
Global Biogas Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 61.00 Bn. |
Forecast Period 2024-32 CAGR: |
4.40% |
Market Size in 2032: |
USD 86.09 Bn. |
Segments Covered: |
By Source |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Biogas Market by Source
4.1 Biogas Market Snapshot and Growth Engine
4.2 Biogas Market Overview
4.3 Municipal (Landfill and Wastewater)
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Municipal (Landfill and Wastewater): Geographic Segmentation Analysis
4.4 Industrial (Food Scrap and Wastewater) Agricultural (Dairy
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Industrial (Food Scrap and Wastewater) Agricultural (Dairy: Geographic Segmentation Analysis
4.5 Poultry
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Poultry: Geographic Segmentation Analysis
4.6 Swine Farm
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Swine Farm: Geographic Segmentation Analysis
4.7 Agricultural Residue)
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Agricultural Residue): Geographic Segmentation Analysis
Chapter 5: Biogas Market by Application
5.1 Biogas Market Snapshot and Growth Engine
5.2 Biogas Market Overview
5.3 Vehicle Fuel
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Vehicle Fuel: Geographic Segmentation Analysis
5.4 Electricity
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Electricity: Geographic Segmentation Analysis
5.5 Heat
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Heat: Geographic Segmentation Analysis
5.6 Upgraded Biogas and Cooking Gas
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Upgraded Biogas and Cooking Gas: Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Biogas Market Share by Manufacturer (2023)
6.1.3 Industry BCG Matrix
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 AGRINZ TECHNOLOGIES GMBH
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Role of the Company in the Market
6.2.5 Sustainability and Social Responsibility
6.2.6 Operating Business Segments
6.2.7 Product Portfolio
6.2.8 Business Performance
6.2.9 Key Strategic Moves and Recent Developments
6.2.10 SWOT Analysis
6.3 AIR LIQUIDE
6.4 DMT INTERNATIONAL
6.5 GASUM OY
6.6 HOMEBIOGAS INC
6.7 PLANET BIOGAS
6.8 SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB
6.9 SCHMACK BIOGAS SERVICE
6.10 TOTAL
6.11 XEBEC ADSORPTION INC
6.12 OTHER MAJOR PLAYERS
Chapter 7: Global Biogas Market By Region
7.1 Overview
7.2. North America Biogas Market
7.2.1 Key Market Trends, Growth Factors and Opportunities
7.2.2 Top Key Companies
7.2.3 Historic and Forecasted Market Size by Segments
7.2.4 Historic and Forecasted Market Size By Source
7.2.4.1 Municipal (Landfill and Wastewater)
7.2.4.2 Industrial (Food Scrap and Wastewater) Agricultural (Dairy
7.2.4.3 Poultry
7.2.4.4 Swine Farm
7.2.4.5 Agricultural Residue)
7.2.5 Historic and Forecasted Market Size By Application
7.2.5.1 Vehicle Fuel
7.2.5.2 Electricity
7.2.5.3 Heat
7.2.5.4 Upgraded Biogas and Cooking Gas
7.2.6 Historic and Forecast Market Size by Country
7.2.6.1 US
7.2.6.2 Canada
7.2.6.3 Mexico
7.3. Eastern Europe Biogas Market
7.3.1 Key Market Trends, Growth Factors and Opportunities
7.3.2 Top Key Companies
7.3.3 Historic and Forecasted Market Size by Segments
7.3.4 Historic and Forecasted Market Size By Source
7.3.4.1 Municipal (Landfill and Wastewater)
7.3.4.2 Industrial (Food Scrap and Wastewater) Agricultural (Dairy
7.3.4.3 Poultry
7.3.4.4 Swine Farm
7.3.4.5 Agricultural Residue)
7.3.5 Historic and Forecasted Market Size By Application
7.3.5.1 Vehicle Fuel
7.3.5.2 Electricity
7.3.5.3 Heat
7.3.5.4 Upgraded Biogas and Cooking Gas
7.3.6 Historic and Forecast Market Size by Country
7.3.6.1 Bulgaria
7.3.6.2 The Czech Republic
7.3.6.3 Hungary
7.3.6.4 Poland
7.3.6.5 Romania
7.3.6.6 Rest of Eastern Europe
7.4. Western Europe Biogas Market
7.4.1 Key Market Trends, Growth Factors and Opportunities
7.4.2 Top Key Companies
7.4.3 Historic and Forecasted Market Size by Segments
7.4.4 Historic and Forecasted Market Size By Source
7.4.4.1 Municipal (Landfill and Wastewater)
7.4.4.2 Industrial (Food Scrap and Wastewater) Agricultural (Dairy
7.4.4.3 Poultry
7.4.4.4 Swine Farm
7.4.4.5 Agricultural Residue)
7.4.5 Historic and Forecasted Market Size By Application
7.4.5.1 Vehicle Fuel
7.4.5.2 Electricity
7.4.5.3 Heat
7.4.5.4 Upgraded Biogas and Cooking Gas
7.4.6 Historic and Forecast Market Size by Country
7.4.6.1 Germany
7.4.6.2 UK
7.4.6.3 France
7.4.6.4 Netherlands
7.4.6.5 Italy
7.4.6.6 Russia
7.4.6.7 Spain
7.4.6.8 Rest of Western Europe
7.5. Asia Pacific Biogas Market
7.5.1 Key Market Trends, Growth Factors and Opportunities
7.5.2 Top Key Companies
7.5.3 Historic and Forecasted Market Size by Segments
7.5.4 Historic and Forecasted Market Size By Source
7.5.4.1 Municipal (Landfill and Wastewater)
7.5.4.2 Industrial (Food Scrap and Wastewater) Agricultural (Dairy
7.5.4.3 Poultry
7.5.4.4 Swine Farm
7.5.4.5 Agricultural Residue)
7.5.5 Historic and Forecasted Market Size By Application
7.5.5.1 Vehicle Fuel
7.5.5.2 Electricity
7.5.5.3 Heat
7.5.5.4 Upgraded Biogas and Cooking Gas
7.5.6 Historic and Forecast Market Size by Country
7.5.6.1 China
7.5.6.2 India
7.5.6.3 Japan
7.5.6.4 South Korea
7.5.6.5 Malaysia
7.5.6.6 Thailand
7.5.6.7 Vietnam
7.5.6.8 The Philippines
7.5.6.9 Australia
7.5.6.10 New Zealand
7.5.6.11 Rest of APAC
7.6. Middle East & Africa Biogas Market
7.6.1 Key Market Trends, Growth Factors and Opportunities
7.6.2 Top Key Companies
7.6.3 Historic and Forecasted Market Size by Segments
7.6.4 Historic and Forecasted Market Size By Source
7.6.4.1 Municipal (Landfill and Wastewater)
7.6.4.2 Industrial (Food Scrap and Wastewater) Agricultural (Dairy
7.6.4.3 Poultry
7.6.4.4 Swine Farm
7.6.4.5 Agricultural Residue)
7.6.5 Historic and Forecasted Market Size By Application
7.6.5.1 Vehicle Fuel
7.6.5.2 Electricity
7.6.5.3 Heat
7.6.5.4 Upgraded Biogas and Cooking Gas
7.6.6 Historic and Forecast Market Size by Country
7.6.6.1 Turkey
7.6.6.2 Bahrain
7.6.6.3 Kuwait
7.6.6.4 Saudi Arabia
7.6.6.5 Qatar
7.6.6.6 UAE
7.6.6.7 Israel
7.6.6.8 South Africa
7.7. South America Biogas Market
7.7.1 Key Market Trends, Growth Factors and Opportunities
7.7.2 Top Key Companies
7.7.3 Historic and Forecasted Market Size by Segments
7.7.4 Historic and Forecasted Market Size By Source
7.7.4.1 Municipal (Landfill and Wastewater)
7.7.4.2 Industrial (Food Scrap and Wastewater) Agricultural (Dairy
7.7.4.3 Poultry
7.7.4.4 Swine Farm
7.7.4.5 Agricultural Residue)
7.7.5 Historic and Forecasted Market Size By Application
7.7.5.1 Vehicle Fuel
7.7.5.2 Electricity
7.7.5.3 Heat
7.7.5.4 Upgraded Biogas and Cooking Gas
7.7.6 Historic and Forecast Market Size by Country
7.7.6.1 Brazil
7.7.6.2 Argentina
7.7.6.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
Global Biogas Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 61.00 Bn. |
Forecast Period 2024-32 CAGR: |
4.40% |
Market Size in 2032: |
USD 86.09 Bn. |
Segments Covered: |
By Source |
|
|
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Biogas Market research report is 2024-2032.
Agrinz Technologies GmbH; Air Liquide; DMT International; Gasum Oy; HomeBiogas Inc; PlanET Biogas; Scandinavian Biogas Fuels International AB; Schmack Biogas Service; Total;Xebec Adsorption Inc, and Other Major Players.
The Biogas Market is segmented into By Source, By Application and region. By Source, the market is categorized into Municipal (Landfill and Wastewater), Industrial (Food Scrap and Wastewater) and Agricultural (Dairy, Poultry, Swine Farm and Agricultural Residue).By Application, the market is categorized into Vehicle Fuel, Electricity, Heat, Upgraded Biogas and Cooking Gas. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The industry devoted to the production, distribution, and use of biogas—a sustainable energy source produced from organic materials including sewage, food waste, and agricultural waste via anaerobic digestion or other biological processes—is known as the biogas market. Methane is the primary component used to generate energy from biogas, with carbon dioxide making up the majority of the mixture. This market includes the building of biogas plants, the development of technologies for effective digestion processes, the upgrading and purification of biogas for injection into natural gas grids, and the use of biogas as a clean alternative fuel for heating and transportation. By lowering greenhouse gas emissions, encouraging waste management, and boosting energy security by producing renewable gas, the biogas market is essential to sustainable energy transitions.
Biogas Market Size Was Valued at USD 58.43 Billion in 2023 and is Projected to Reach USD 86.09 Billion by 2032, Growing at a CAGR of 4.40% From 2024-2032.