Compressed Biogas Market Synopsis

Compressed Biogas Market Size Was Valued at USD 28.43 Billion in 2023, and is Projected to Reach USD 105.87 Billion by 2032, Growing at a CAGR of 15.73 % From 2024-2032.

Compressed Biogas (CBG) is an improved form of biogas comprising more than 90% methane (v/v), carbon dioxide up to 4% (v/v), and other drops of gases such as hydrogen sulfide, moisture, oxygen, and nitrogen. It is formed through a sequence of procedures like the solidity of raw biogas, removal of impurities (CO2, H2 S), and storage of cleaned gas in a high-pressure container at around 200–250 bars for vehicular application. It is very parallel to compressed natural gas (CNG) in terms of its fuel properties, economics, engine performance, and emissions.

• Biogas is modest, viable, and usually a maintainable energy resource due to an ample supply of inexpensive feedstocks and the accessibility of a wide range of biogas applications in heating, power generation, fuel, and raw materials for additional processing and manufacture of sustainable chemicals counting hydrogen, and carbon dioxide and biofuels.
• CBG has calorific value and other properties comparable to CNG and can be applied as green renewable automotive gas. It can replace CNG in automotive, industrial, and commercial areas, given the plenty of biomass accessibility within the country.
• The procedure of exclusion of the impurities from the raw biogas is known as biogas cleaning and the modification of carbon dioxide to improve the calorific value to an optimal level is called biogas purification rises the methane concentration up to 80%–99% in the gas mixture. There are various technologies, such as water rubbing, chemical absorption, pressure swing adsorption (PSA), membrane separation, cryogenic separation, and biological filtration methods, used for CBG production globally.

Compressed Biogas Market Trend Analysis

Environmental Regulations and Growing Emphasis on Clean and Green Fuels

• Improved energy security and weather change mitigation are the main drivers for the change of energy systems from fossil to renewable sources. Biomass has to play a key role in the alteration to a low-carbon budget. Biomass accounts for more than two-thirds of all renewable energy supplies.
• Energy is an important condition for people's relief and basic needs of everyday life. A huge majority of countries especially emerging countries have energy crises with over-reliance on fossil fuels. The national energy drivers of all nations globally are energy safety, environmental safety, and economic growth. It is forecast that fossil fuel sources like coal, gas, and oil are headed for depletion within the next ten decades, hence the need for another source of energy. ​
• EPA inspires the recovery and helpful use of biogas as a renewable energy resource, with the production of renewable natural gas (RNG) when possible, as a means of falling releases and providing other environmental benefits. RNG is a term used to describe biogas that has been advanced to use in place of fossil natural gas, either locally or remotely.
• Compressed Biogas holds incredible potential as a supportable and renewable energy source, contributing to reducing greenhouse gas production and dependence on fossil fuels. Compressed air's adaptable applications within biogas plants are involved in the entire production cycle, from biogas assembly to vehicle fuelling. Compressed air plays a crucial role in certifying the viability and efficiency of biogas as a clean and environmentally friendly alternative to conservative fuels by helping in biogas collection, advancement, storage, and distribution.

Rising Demand for Biogas in Power Generation Fuels Growth in the Biogas Market

• The plant resources used as a source of energy at present are in the form of crop and forest remains, animal manure, and the organic portion of municipal solid waste and agro-industrial processing by-products, such as bagasse, oil-palm residues, sawdust, and wood off-cuts. The economics of the use of such materials are enhanced since they are collected in one place and often have connected removal costs.
• This accounts for around 90% of total biomethane produced globally. Development technologies make use of the different assets of the various gases limited within biogas to separate them, with water scrubbing and membrane separation accounting for almost 60% of biomethane production globally.
• The implementation of national biogas technology has happened in countries where governments have been involved in the subsidy, planning, design, construction, operation, and maintenance of biogas plants.

Compressed Biogas Market Segment Analysis:

Compressed Biogas Market Segmented on the basis of type, Feedstock, and Application.

By Feedstock, the Bio-municipal waste segment is expected to dominate the market during the forecast period

• The bio-municipal waste is the compressed biogas (CBG) that is in advance important traction due to its dual benefits of waste management and renewable energy manufacture. Municipal solid waste which contains organic waste from households, markets, and institutions, is an abundant and renewable resource that can be effectively converted into biogas through anaerobic digestion. This process not only decreases the volume of waste sent to landfills but also helps allay greenhouse gas emissions by taking methane, a potent greenhouse gas that would then be released during the decomposition of organic waste.
• The change of bio-municipal waste to biogas includes numerous steps, including collection, organization, pre-treatment, anaerobic digestion, and advancement of the biogas to compressed biogas (CBG). The resulting CBG can be used as a clean fuel for vehicles, industrial procedures, and power generation, contributing to the decline of fossil fuel dependence and the promotion of supportable energy solutions. Governments and local authorities are increasingly identifying the potential of CBG from bio-municipal waste and are implementing supportive policies and inducements to promote its adoption.

By Application, Power Generation segment held the largest share of 2023

• The power generation segment in the compressed biogas (CBG) market is a vital component of the renewable energy landscape, contributing a sustainable solution for electricity creation. Compressed biogas, resulting from biological resources such as agricultural waste, animal manure, and food waste, is an effective extra for natural gas in power generation. This segment stimulates the energy content of biogas to generate electricity, contributing to the decline of greenhouse gas construction and promoting energy security.
• The process of generating power from biogas includes numerous steps, including the collection and anaerobic digestion of organic feedstock to produce biogas. This biogas, mostly collected from methane, is then cleaned and compressed to meet the important standards for power generation. The CBG can be used in gas engines, turbines, or fuel cells to yield energy. These technologies change the chemical energy in biogas into electrical energy, which can be fed into the grid or used for local consumption.

Compressed Biogas Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

• As a leading supporter of Biogas adoption in India, dedicated to converting organic waste into renewable energy sources. Explore complete resources, innovative projects, and expert insights to cover the way toward a cleaner, greener future for India.
• India has installed the determined SATAT scheme, intended at fostering indigenous construction of compressed biogas (Bio CNG) from biodegradable waste. The scheme's full understanding is yet to be attained. India generates around 62 million metric tonnes of municipal solid waste (MSW) yearly, along with an extra availability of around 230 million metric tonnes of agricultural biomass.

Active Key Players in the Compressed Biogas Market

• Tetra Tech (USA)
• Aerzen Maschinenfabrik GmbH (Germany)
• Gardner Denver (USA)
• Biokomp Srl (Italy)
• Hindustan Petroleum Corporation Limited (India)
• HAUG Sauer Kompressoren AG (Switzerland)
• Bauer Compressors, Inc. (USA)
• Enea Mattei SpA, (Italy)
• Mehrer Compression GmbH (Germany)
• Tecno Project Industriale Srl (Italy)
• Avelair (UK)
• Fornovo Gas S.p.A. (Italy)
• Chicago Pneumatic (USA)
• Swamatics (India)
• DBS Engineering Services (India)
• Air Liquide Energies (France)
• Atlas Copco AB (Sweden)
• EnviTec Biogas AG, (Germany)
• Gazpack: Bladel, Netherlands
• Reliance Industries Limited (India)
• Wärtsilä: Helsinki, (Finland)
• NEUMAN & ESSER GROUP (Germany)
• Indian Compressors Ltd (India)
• Bharat Petroleum Corporation Limited (India), and other Active Players.

Key Industry Developments in the Compressed Biogas Market:

• In February 2024, Indian Biogas Association Chairman Gaurav Kedia pointed out that there were obstacles to procurement, such as unappealing economics, which makes farmers prefer to burn rather than sell off the field straw promptly.
• In December 2023, Reliance Industries partnered with DBS Bank to finance compressed biogas plant projects, this can promote the creation of an ecosystem where vendor partners can gather agricultural residue to serve as raw material for Reliance's CBG production plants across India.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. COMPRESSED BIOGAS MARKET BY TYPE (2017-2032)
   1. COMPRESSED BIOGAS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. PISTON
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SCREW
   5.  VANE
   6.  LIQUID RING
7. COMPRESSED BIOGAS MARKET BY FEEDSTOCK  (2017-2032)
   1. COMPRESSED BIOGAS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. BIO-MUNICIPAL WASTE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. AGRICULTURE RESIDUE
   5.  ENERGY CROPS
8. COMPRESSED BIOGAS MARKET BY APPLICATION (2017-2032)
   1. COMPRESSED BIOGAS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. POWER GENERATION
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. HEAT GENERATION
   5.  TRANSPORTATION
   6. UPGRADED BIOGAS
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. COMPRESSED BIOGAS Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. TETRA TECH (USA)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. AERZEN MASCHINENFABRIK GMBH (GERMANY)
   4. GARDNER DENVER (USA)
   5. BIOKOMP SRL (ITALY)
   6. HINDUSTAN PETROLEUM CORPORATION LIMITED (INDIA)
   7. HAUG SAUER KOMPRESSOREN AG (SWITZERLAND)
   8. BAUER COMPRESSORS, INC. (USA)
   9. ENEA MATTEI SPA, (ITALY)
   10. MEHRER COMPRESSION GMBH (GERMANY)
   11. TECNO PROJECT INDUSTRIALE SRL (ITALY)
   12. AVELAIR (UK)
   13. FORNOVO GAS S.P.A. (ITALY)
   14. CHICAGO PNEUMATIC (USA)
   15. SWAMATICS (INDIA)
   16. DBS ENGINEERING SERVICES (INDIA)
   17. AIR LIQUIDE ENERGIES (FRANCE)
   18. ATLAS COPCO AB (SWEDEN)
   19. ENVITEC BIOGAS AG, (GERMANY)
   20. GAZPACK: BLADEL, NETHERLANDS
   21. RELIANCE INDUSTRIES LIMITED (INDIA)
   22. WÄRTSILÄ: HELSINKI, (FINLAND)
   23. NEUMAN & ESSER GROUP (GERMANY)
   24. INDIAN COMPRESSORS LTD (INDIA)
   25. BHARAT PETROLEUM CORPORATION LIMITED (INDIA),
10. GLOBAL COMPRESSED BIOGAS MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By Feedstock
       5. Historic And Forecasted Market Size By Application
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies