Biogas refers to a combination of gases formed through the anaerobic decomposition of organic matter such as plant residue, municipal waste, agricultural waste, and food waste. This gas consists of carbon dioxide, methane, and moisture, as well as a small amount of hydrogen sulfide. It is considered a renewable energy source, as it is dependent on organic waste for the generation of biogas. Biogas can be used directly for heating, boilers, chillers, and drying, or it can be converted to cleaner gas and utilized as a vehicle fuel or sold through natural gas pipelines. In addition, it can be burnt in an engine generator to generate energy, which can be used on the farm or sold to the grid. Another advantage of anaerobic digestion is the wide range of by-products that can be made from the solids in the digestate (digester effluent). Fertilizers, livestock bedding, and soil amendments are examples of products that can be utilized on the farm or marketed.
Anaerobic digestion further helps facilities diversify their revenue and enhance their resiliency to market volatility by maximizing the value of manure. Energy Information Administration (EIA) estimates that in 2020,20 large dairies and livestock operations in the U. S. produced a total of about 173 million kWh (or 0.17 billion kWh) of electricity from biogas. Thus, multiple benefits associated with biogas derived from livestock manure notably contribute toward the growth of the overall market. The major driver of the global organic biogas market is due to growing adoption and popularity of renewable energy sources. The low production cost and production of organic fertilizer as a by-product could also be seen as a major market driver.
Biogas currently accounts for a very low amount of natural gas demand, but an increase in the number of government initiatives to encourage its use in natural gas networks and transportation decarbonization are expected to have a positive impact on the development of the market. Manure from cattle, buffaloes, pigs, poultry, and other animals is referred to as livestock manure. A 1,000-pound dairy cow produces 80 pounds of dung every day on average. Before being sprayed into fields, this manure is frequently held in holding tanks. Manure not only produces methane as it decomposes however it may also contribute to nutrient overload in streams. According to the Environmental Protection Agency (EPA), 8,241 animal biogas systems have the capacity to create approximately 13 million megawatt-hours of electricity per year. Agricultural wastes include stalks, straws, and plant trimmings. Some residues are left on the field to retain soil organic content and moisture as well as prevent erosion.
Higher agricultural yields, on the other hand, result in more residues, which can be removed sustainably. Sustainable harvest rates vary depending on the agricultural grown, soil type, and climate factors. The U. S. Department of Energy estimates that there are currently around 104 million tons of agricultural leftovers available for $60 per dry ton, based on sustainable increasing rates. Agricultural residues are usually co-digested with other organic waste, as their high lignin content makes them difficult to break down. The presence of the above-mentioned initiatives has driven market growth. North America also accounted for a significant share of the global market revenue in 2021. The organic biogas market in North America is experiencing enormous growth due to the presence of demand for liquid fuel in the transportation and power generation industry. The presence of an increase in awareness related to an eco-friendly economy has led to the utilization of waste resources in this region to generate power.
The presence of investments among the major companies to break through various technologies to commercialize the biogas production plants, thereby providing lucrative growth opportunities to North America. The above factors drive the growth of the organic biogas market in this region during this forecast period. On the other hand, the market in the Asia Pacific is estimated to register the fastest growth rate over the forecast period. The organic biogas market is segmented on the basis of source, application, and region. By source, the market is fragmented into poultry & livestock, agriculture waste, landfill gas, and others. Landfill gas segment is further classified into electricity, direct use, combined heat & power, and alternate fuels. Direct use segment is further categorized into boilers, direct thermal & leachate evaporation, and others.
In addition, by application, the market is segregated into power generation, cooking, combined heat & power, and clean mobility. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Europe accounts for the largest share of the market, followed by North America, Asia-Pacific, and LAMEA. The major companies profiled in this report include Air Liquide, Atlas Copco, Biofrigas Sweden AB, CarboTech, DGE GmbH, DMT Environmental Technology, Dreyer & Bosse (Wolf GmbH), EnviTec, Guild Associates Inc., and Xebec Adsorption.
Due to an increase in the demand for eco-friendly and the presence of abundant raw materials such as organic waste, deteriorating levels of petroleum reservoirs, increased awareness about the technical expertise related to the conversion process among the industrialists, and growth of the transportation sector in developing countries, such as India and China, drive the organic biogas market. The above-mentioned factors will have a positive impact on the demand for the organic biogas market.
Further, growth strategies such as expansion of storage capacities, acquisition, partnership, and research & innovation in the optimization, and improvement in the efficiency of the conversion of waste to biogas have led to attaining key developments in the global organic biogas market trends.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the organic biogas market analysis from 2021 to 2031 to identify the prevailing organic biogas market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the organic biogas market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global organic biogas market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Source
- Poultry and livestock
- Agriculture Waste
- Landfill Gas
- Application
- Electricity
- Direct Use
- Combined Heat and Power
- Alternate Fuels
- Others
By Application
- Cooking
- Power Generation
- Combined Heat and Power
- Clean Mobility
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Turkey
- South Africa
- Rest of LAMEA
Key Market Players
- L'Air Liquide S. A.
- Atlas Copco
- Biofrigas Sweden AB
- Carbotech
- DGE GmbH
- dmt environmental technology
- Dreyer & Bosse (Wolf GmbH)
- EnviTec
- Guild Associates Inc.
- Xebec Adsorption Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Value Chain Analysis
3.8. Key Regulation Analysis
CHAPTER 4: ORGANIC BIOGAS MARKET, BY SOURCE
4.1 Overview
4.1.1 Market size and forecast
4.2 Poultry and livestock
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Agriculture Waste
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Landfill Gas
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.4.4 Landfill Gas Organic Biogas Market by Application
4.4.4.1 Electricity Market size and forecast, by region
4.4.4.2 Electricity Market size and forecast, by country
4.4.4.3 Direct Use Market size and forecast, by region
4.4.4.4 Direct Use Market size and forecast, by country
4.4.4.5 Direct Use Organic Biogas Market by Application
4.4.4.5.1 Boilers Market size and forecast, by region
4.4.4.5.2 Boilers Market size and forecast, by country
4.4.4.5.3 Direct Thermal and Lachate Evaporation Market size and forecast, by region
4.4.4.5.4 Direct Thermal and Lachate Evaporation Market size and forecast, by country
4.4.4.5.5 Others Market size and forecast, by region
4.4.4.5.6 Others Market size and forecast, by country
4.4.4.6 Combined Heat and Power Market size and forecast, by region
4.4.4.7 Combined Heat and Power Market size and forecast, by country
4.4.4.8 Alternate Fuels Market size and forecast, by region
4.4.4.9 Alternate Fuels Market size and forecast, by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
CHAPTER 5: ORGANIC BIOGAS MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Power Generation
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Cooking
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Combined Heat and Power
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5 Clean Mobility
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
CHAPTER 6: ORGANIC BIOGAS MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Source
6.2.2.1 North America Landfill Gas Organic Biogas Market by Application
6.2.2.1.1 North America Direct Use Organic Biogas Market by Application
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U. S.
6.2.4.1.1 Key market trends, growth factors and opportunities
6.2.4.1.2 Market size and forecast, by Source
6.2.4.1.2.1 U. S. Landfill Gas Organic Biogas Market by Application
6.2.4.1.2.1.1 U. S. Direct Use Organic Biogas Market by Application
6.2.4.1.3 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Key market trends, growth factors and opportunities
6.2.4.2.2 Market size and forecast, by Source
6.2.4.2.2.1 Canada Landfill Gas Organic Biogas Market by Application
6.2.4.2.2.1.1 Canada Direct Use Organic Biogas Market by Application
6.2.4.2.3 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Key market trends, growth factors and opportunities
6.2.4.3.2 Market size and forecast, by Source
6.2.4.3.2.1 Mexico Landfill Gas Organic Biogas Market by Application
6.2.4.3.2.1.1 Mexico Direct Use Organic Biogas Market by Application
6.2.4.3.3 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Source
6.3.2.1 Europe Landfill Gas Organic Biogas Market by Application
6.3.2.1.1 Europe Direct Use Organic Biogas Market by Application
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Key market trends, growth factors and opportunities
6.3.4.1.2 Market size and forecast, by Source
6.3.4.1.2.1 Germany Landfill Gas Organic Biogas Market by Application
6.3.4.1.2.1.1 Germany Direct Use Organic Biogas Market by Application
6.3.4.1.3 Market size and forecast, by Application
6.3.4.2 France
6.3.4.2.1 Key market trends, growth factors and opportunities
6.3.4.2.2 Market size and forecast, by Source
6.3.4.2.2.1 France Landfill Gas Organic Biogas Market by Application
6.3.4.2.2.1.1 France Direct Use Organic Biogas Market by Application
6.3.4.2.3 Market size and forecast, by Application
6.3.4.3 Italy
6.3.4.3.1 Key market trends, growth factors and opportunities
6.3.4.3.2 Market size and forecast, by Source
6.3.4.3.2.1 Italy Landfill Gas Organic Biogas Market by Application
6.3.4.3.2.1.1 Italy Direct Use Organic Biogas Market by Application
6.3.4.3.3 Market size and forecast, by Application
6.3.4.4 Spain
6.3.4.4.1 Key market trends, growth factors and opportunities
6.3.4.4.2 Market size and forecast, by Source
6.3.4.4.2.1 Spain Landfill Gas Organic Biogas Market by Application
6.3.4.4.2.1.1 Spain Direct Use Organic Biogas Market by Application
6.3.4.4.3 Market size and forecast, by Application
6.3.4.5 UK
6.3.4.5.1 Key market trends, growth factors and opportunities
6.3.4.5.2 Market size and forecast, by Source
6.3.4.5.2.1 UK Landfill Gas Organic Biogas Market by Application
6.3.4.5.2.1.1 UK Direct Use Organic Biogas Market by Application
6.3.4.5.3 Market size and forecast, by Application
6.3.4.6 Rest of Europe
6.3.4.6.1 Key market trends, growth factors and opportunities
6.3.4.6.2 Market size and forecast, by Source
6.3.4.6.2.1 Rest of Europe Landfill Gas Organic Biogas Market by Application
6.3.4.6.2.1.1 Rest of Europe Direct Use Organic Biogas Market by Application
6.3.4.6.3 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Source
6.4.2.1 Asia-Pacific Landfill Gas Organic Biogas Market by Application
6.4.2.1.1 Asia-Pacific Direct Use Organic Biogas Market by Application
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Key market trends, growth factors and opportunities
6.4.4.1.2 Market size and forecast, by Source
6.4.4.1.2.1 China Landfill Gas Organic Biogas Market by Application
6.4.4.1.2.1.1 China Direct Use Organic Biogas Market by Application
6.4.4.1.3 Market size and forecast, by Application
6.4.4.2 Japan
6.4.4.2.1 Key market trends, growth factors and opportunities
6.4.4.2.2 Market size and forecast, by Source
6.4.4.2.2.1 Japan Landfill Gas Organic Biogas Market by Application
6.4.4.2.2.1.1 Japan Direct Use Organic Biogas Market by Application
6.4.4.2.3 Market size and forecast, by Application
6.4.4.3 India
6.4.4.3.1 Key market trends, growth factors and opportunities
6.4.4.3.2 Market size and forecast, by Source
6.4.4.3.2.1 India Landfill Gas Organic Biogas Market by Application
6.4.4.3.2.1.1 India Direct Use Organic Biogas Market by Application
6.4.4.3.3 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Key market trends, growth factors and opportunities
6.4.4.4.2 Market size and forecast, by Source
6.4.4.4.2.1 South Korea Landfill Gas Organic Biogas Market by Application
6.4.4.4.2.1.1 South Korea Direct Use Organic Biogas Market by Application
6.4.4.4.3 Market size and forecast, by Application
6.4.4.5 Rest of Asia-Pacific
6.4.4.5.1 Key market trends, growth factors and opportunities
6.4.4.5.2 Market size and forecast, by Source
6.4.4.5.2.1 Rest of Asia-Pacific Landfill Gas Organic Biogas Market by Application
6.4.4.5.2.1.1 Rest of Asia-Pacific Direct Use Organic Biogas Market by Application
6.4.4.5.3 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Source
6.5.2.1 LAMEA Landfill Gas Organic Biogas Market by Application
6.5.2.1.1 LAMEA Direct Use Organic Biogas Market by Application
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Key market trends, growth factors and opportunities
6.5.4.1.2 Market size and forecast, by Source
6.5.4.1.2.1 Brazil Landfill Gas Organic Biogas Market by Application
6.5.4.1.2.1.1 Brazil Direct Use Organic Biogas Market by Application
6.5.4.1.3 Market size and forecast, by Application
6.5.4.2 Turkey
6.5.4.2.1 Key market trends, growth factors and opportunities
6.5.4.2.2 Market size and forecast, by Source
6.5.4.2.2.1 Turkey Landfill Gas Organic Biogas Market by Application
6.5.4.2.2.1.1 Turkey Direct Use Organic Biogas Market by Application
6.5.4.2.3 Market size and forecast, by Application
6.5.4.3 South Africa
6.5.4.3.1 Key market trends, growth factors and opportunities
6.5.4.3.2 Market size and forecast, by Source
6.5.4.3.2.1 South Africa Landfill Gas Organic Biogas Market by Application
6.5.4.3.2.1.1 South Africa Direct Use Organic Biogas Market by Application
6.5.4.3.3 Market size and forecast, by Application
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Key market trends, growth factors and opportunities
6.5.4.4.2 Market size and forecast, by Source
6.5.4.4.2.1 Rest of LAMEA Landfill Gas Organic Biogas Market by Application
6.5.4.4.2.1.1 Rest of LAMEA Direct Use Organic Biogas Market by Application
6.5.4.4.3 Market size and forecast, by Application
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 L'Air Liquide S. A.
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 Atlas Copco
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Biofrigas Sweden AB
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 Carbotech
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 DGE GmbH
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 DMT Environmental Technology
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Dreyer & Bosse (Wolf GmbH)
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 EnviTec
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Guild Associates Inc.
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 Xebec Adsorption Inc.
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Organic Biogas Market,' the organic biogas market size was valued at $10.7 billion in 2021, and organic biogas industry is estimated to reach $19.7 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031.Biogas is an environmentally friendly and renewable energy source. It is produced when organic matter, such as food or animal waste, is broken down by microorganisms in the absence of oxygen, in a process called anaerobic digestion. It occurs naturally anywhere from within the digestive system to the depth of effluent ponds and can be reproduced artificially in engineered containers called digesters. Animal manure, food waste, wastewater, and sewage are examples of organic matter that can generate biogas through anaerobic digestion. Owing to the high methane content, biogas is flammable, and therefore produces a deep blue flame and can be used as an energy source. Biogas, also known as renewable natural gas, is'renewable' in the sense that humans and animals keep producing waste. It is commonly used in rural areas as cooking gas. It can be used to produce electricity. It can be used in instruments used for water heating, room heating, and it can replace compressed natural gas for use in vehicles.
The growth of the organic biogas market is expected to be driven by rising in environmental awareness and an increase in supply concerns related to the utilization of fossil fuels. Furthermore, rapid infrastructure development and a rise in energy demand from commercial & industrial sectors have boosted the construction of biogas production plants. In addition, the implementation of stringent pollution regulations, an increase in understanding of environmental conservation, rise in concern related to economic sustainability in every sector have led to the utilization of organic waste to produce biogas, which is further utilized in the power generation and transportation sector for various purposes.
The organic biogas market has certain restraints. These include the release of harmful compounds and air contaminants, such as CO into the environment during organic production that is expected to lead to a decline in the market share in coming years. The risk associated with soil and water contamination in the process of anaerobic digestion in the landfill industry is high. High capital investment in setting up biogas production plants and technology implementation are hampering the organic biogas market growth.
China has the highest number of biogas plants among the IEA bioenergy with more than 100,000 biogas plants. It is one of the first countries to develop and utilize biogas. The main feedstocks used in biogas production in China are kitchen (food) waste, livestock waste (manures and slurries), and energy crops. There is a big move underway to promote the use of yellow straw as a feedstock. In contrast to the European industry, roughly two-thirds of the economic value of biogas plants in China comes from organic fertilizer, with one-third from energy production. While there are thousands of small biogas plants scattered around the country, the central government is now promoting larger-scale deployment, particularly of agricultural plants, to promote renewable energy growth and improve water and air quality.
Germany is the largest biogas fuel producer and more than 10,000 biogas plants operated in 2020. Half of the European continent’s methanisers are in Germany. Currently, 80% of the organic matter used in the biogas industry in Germany comes from plants grown exclusively for this purpose, according to the German Environment Agency.
The organic biogas market forecast is segmented on the basis of source, application, and region. By source, the market is fragmented into poultry & livestock, agriculture waste, landfill gas, and others. Landfill gas segment is further classified into electricity, direct use, combined heat and power, and alternate fuels. Direct use segment is further categorized into boilers, direct thermal & leachate evaporation, and others. In addition, by application, the market is segregated into power generation, cooking, combined heat & power, and clean mobility. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Europe accounts for the largest organic biogs market share, followed by North America, Asia-Pacific, and LAMEA.
The landfill gas segment dominates the global organic biogas market. Landfills for municipal solid waste are a source of biogas. Biogas is produced naturally by anaerobic bacteria in municipal solid waste landfills and is called landfill gas. Landfill gas with a high methane content can be dangerous to people and the environment as methane is flammable. Landfill gas contains many different gases. Methane and carbon dioxide makes up 90 to 98% of landfill gas.
The power generation segment dominates the global organic biogas market. Biogas is turned into electricity using a combustion engine, fuel cell, or gas turbine, with the resulting electricity being used on-site or sold onto the electric grid. A cubic meter of biogas contains the equivalent of 6kWh of heat energy. The same volume of biogas converted to electrical power yields 2kWh, the rest of the energy is dispersed as heat that can be reclaimed and applied to other uses.
Europe segment dominated the global organic biogas market. The Europe organic biogas market is anticipated to witness significant growth during the forecast period. This is attributed to increase in the installation of biogas plants due to the ongoing transition to a sustainable and circular economy as well as an increase in focus on cost-effective waste management strategies. Furthermore, the introduction of national regulations and EU Directives toward renewable energy utilization is anticipated to act as a key driving force in the European market.
Key findings of the study
As per organic biogas market analysis, by region, the Asia-Pacific organic biogas market is projected to grow at the highest CAGR of nearly 7.1% during the organic biogas market forecast period.On the basis of source, the landfill gas segment garnered the highest share in 2021.
By application, the power generation segment acquired the largest organic biogas market share in 2021.
Impact of Covid-19 on Global Organic Biogas Market
The outbreak of the pandemic has created an enormous awareness among the people related to safeguarding the environment. It provided an opportunity to diversify the economy away from oil and boost agriculture and support transportation that is environmentally friendly. Post-pandemic, there is a huge demand for the organic biogas market mostly due to an increase in awareness among the people regarding the importance of the environment and the presence of huge organic waste resources which can be used as raw materials to produce biogas which is used in the power generation and as a fuel for the transportation vehicles. In addition, the government policies and investment of the government toward the generation of biofuel and hydrogen to power future environment-friendly vehicles are projected to provide lucrative organic biogas market opportunities.Competitive Landscape
The major companies profiled in this report include Air Liquide, Atlas Copco, Biofrigas Sweden AB, CarboTech, DGE GmbH, DMT Environmental Technology, Dreyer & Bosse (Wolf GmbH), EnviTec, Guild Associates Inc., and Xebec Adsorption. Owing to an increase in the demand for eco-friendly and the presence of abundant raw materials such as organic waste, deteriorating levels of petroleum reservoirs, increased awareness about the technical expertise related to the conversion process among the industrialists, and growth of the transportation sector in developing countries, such as India and China, drive the organic biogas market. The above-mentioned factors will have a positive impact on the demand for the organic biogas market. Further, growth strategies such as an expansion of storage capacities, acquisition, partnership, and research & innovation in the optimization and improvement in the efficiency of the conversion of waste to biogas have led to attaining key developments in the global organic biogas market trends.For instance, in November 2021, Xebec Acquires Colorado-based UECompression to Establish North America’s Leading Renewable Natural Gas and Hydrogen Manufacturing Facility. This acquisition will increase the market share of biogas in North America region. Additionally, in March 2022, EnviTec based in Lohne and Saerbeck, Germany. The biogas all-rounder is currently constructing four biogas projects in the United States, with six other biogas projects also now already at the planning stage for 2022. The presence of this investment will increase the biogas market share of the company
Companies Mentioned
- L'air Liquide SA
- Atlas Copco
- Biofrigas Sweden Ab
- Carbotech
- Dge GmbH
- Dmt Environmental Technology
- Dreyer & Bosse (Wolf GmbH)
- Envitec
- Guild Associates Inc.
- Xebec Adsorption Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 268 |
Published | October 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 10.7 billion |
Forecasted Market Value ( USD | $ 19.7 billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |