According to Stratistics MRC, the Global Waste-Derived Biogas Market is expected to grow at a CAGR of 12.5% during the forecast period.
Rising infrastructural developments, increasing government stringent emission laws, rising awareness towards environmental protection are some of the key factors driving the market growth. However, high initial investment is limiting the market growth.
Biogas is a mixture of different gasses produced mainly by the breakdown of an pure substance in the absence of oxygen. Biogas can be produced from various raw materials such as manure, waste, plant materials, sewage, municipal waste, green waste, and food waste. Biogas can be easily produced by anaerobic digestion with the help of anaerobic organisms, which digest all organic materials present inside a closed system.
By Type, agricultural waste segment has steady growth during the forecast period due to increasing concerns towards the overuse of fossil fuels and the rising awareness towards environmental protection. By geography, Asia-Pacific is projected to witness the fastest growth during the forecast period. The growth in this region is attributed to the increasing awareness about the biogas generation from different types of waste, growing investments in setting up producing plants, and government policy against growing pollution.
Some of the key players profiled in the Waste-Derived Biogas Market include AAT GmbH & Co., ADI Systems Inc., Bedminster International, Bekon Biogas Energy Inc., Biogas Technology Ltd., Biogen Greenfinch, Cargill Inc., Chevron Energy Solutions, Environmental Energy Engineering Co, Environmental Products & Technology Corp., General Electric Co, Siemens AG and Waste Energy Solutions LLC.
Dry Anaerobic Digestion Systems
Mesophilic Anaerobic Digestion Systems
Passive Anaerobic Digestion Systems
Thermophilic Anaerobic Digestion Systems
End Users Covered:
Municipal Electricity Production
On-site Electricity Production
o Rest of Europe
o New Zealand
o South Korea
o Rest of Asia Pacific
o Rest of South America
Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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