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Global Biogas Market: By Feedstock: Organic Residue and Wastes, Energy Crops; By Application: Electricity Generation, Heating, Combine Heat and Power (CHP), Vehicle Fuel, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Biogas Market Outlook
The global biogas market reached a value of about USD 58.7 billion in 2021. The market is further estimated to grow at a CAGR of 5.80% in the forecast period of 2023-2028 to reach a value of around USD 82.33 billion by 2027.
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Rising Use of Biomethane, Derived from Biogas, in the Vehicle Fuel Segment to Propel the Market Growth of Biogas
Based on application, the vehicle fuel segment is driving the market growth of biogas. The transport sector accounts for the largest share of greenhouse gas emissions. The use of biogas after its upgradation as biomethane to match the quality of natural gas reduces the harmful emissions and is also a way to manage the solid waste generated by the growing population. The use of biogas-derived biomethane as a fuel also contributes to reduced dependence on fossil fuels and petroleum sources, thereby propelling the market. The renewable energy source is readily available and so leads to the strong growth of the automobile sector.
The government initiatives in promoting biogas for cleaner and greener transportation play a crucial role in expanding the market. For instance, the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative by the Government of India, launched in October 2018, aims to set up 5000 CBG (compressed biogas) plants by FY 2023-24 for boosting the production and availability of CBG as an alternative and affordable clean fuel for the transportation sector. The research to upgrade biogas production is anticipated to decrease biogas production costs for vehicle fuel, which is projected to aid the market over the forecast period.
Market Segmentation
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Biogas is a gaseous fuel that is a mixture of gases, primarily methane, hydrogen sulphide, and carbon dioxide. The renewable energy source is produced from the anaerobic digestion of organic matters such as agricultural waste, manure, municipal waste, and food waste, among others. The biogas is environment-friendly and is used in various applications, such as powering automobiles, electricity generation, and cooking fuel, among others.
The market for biogas, by feedstock, is divided into:
- Organic Residue and Wastes
- Biowaste, Municipal, and Sewage
- Agricultural Waste
- Others
- Energy Crops
Based on application, the market is segmented into:
- Electricity Generation
- Heating
- Combine Heat and Power (CHP)
- Vehicle Fuel
- Others
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The regional markets for biogas can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Demand for Renewable Energy Sources to Drive the Market Growth of Biogas
The emerging need for clean, non-polluting energy alternatives such as biogas to meet the growing energy demands in an environmentally sustainable manner is propelling the market for biogas. The expanding population and the rising solid waste generation are providing impetus to the market development of biogas as it is a safer way to dispose off waste and keep the surroundings clean. The high cost and non-availability of non-renewable energy sources, such as fossil fuels, are also significantly catalysing the market for biogas.
Biogas is an energy source with a determinate energy value, is easy to store, and can be used independent of location or geographical conditions, thereby bolstering the market. The government initiatives in support of biogas production, such as subsidies for setting up biogas plants, are also contributing to the steady growth of the market. The efforts taken by the market players in increasing the production of biogas and the advancements in biogas production technologies are expected to augment the market over the forecast period.
Key Players in the Global Biogas Market
The report gives a detailed analysis of the following key players in the global biogas market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Future Biogas Limited
- L’AIR LIQUIDE S.A.
- PlanET Biogastechnik GmbH
- EnviTec Biogas AG
- AB Holding S.p.a.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Feedstock |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Price Analysis |
|
| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Biogas Market Analysis
8.1 Key Industry Highlights
8.2 Global Biogas Historical Market (2018-2022)
8.3 Global Biogas Market Forecast (2023-2028)
8.4 Global Biogas Market by Feedstock
8.4.1 Organic Residue and Wastes
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.4 Breakup by Type
8.4.1.4.1 Biowaste, Municipal, and Sewage
8.4.1.4.2 Agricultural Waste
8.4.1.4.3 Others
8.4.2 Energy Crops
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Biogas Market by Application
8.5.1 Electricity Generation
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Heating
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Combine Heat and Power (CHP)
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Vehicle Fuel
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Biogas Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Biogas Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Biogas Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Biogas Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Biogas Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Biogas Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Future Biogas Limited
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 L’AIR LIQUIDE S.A.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 PlanET Biogastechnik GmbH
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 EnviTec Biogas AG
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 AB Holding S.p.a.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Biogas Market: Key Industry Highlights, 2018 and 2028
2. Global Biogas Historical Market: Breakup by Feedstock (USD Million), 2018-2022
3. Global Biogas Market Forecast: Breakup by Feedstock (USD Million), 2023-2028
4. Global Biogas Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Biogas Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Biogas Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Biogas Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Biogas Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Biogas Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Biogas Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Biogas Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Biogas Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Biogas Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Biogas Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Biogas Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Biogas Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Biogas Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Biogas Market Structure
Key Questions Answered in the Report
In 2021, the global biogas market attained a value of nearly USD 58.7 billion.
The market is assessed to grow at a CAGR of 5.80% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach almost USD 82.33 billion by 2027.
The major market drivers include the rising need to manage solid waste, utilisation of biogas in various applications, easy availability of biogas, and growing demand for sustainability.
The key market trends guiding the growth of the market include the increasing demand for renewable energy sources, government initiatives, and advancements in biogas production technologies.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant market divisions, based on feedstock, include organic residue and wastes and energy crops.
The various applications of the market include electricity generation, heating, combine heat and power (CHP), and vehicle fuel, among others.
The major players in the market are Future Biogas Limited, L’AIR LIQUIDE S.A., PlanET Biogastechnik GmbH, EnviTec Biogas AG, and AB Holding S.p.a., among others.
Analyst Review
The global biogas market attained a value of nearly USD 58.7 billion in 2021, driven by the increasing need for renewable energy sources to meet the growing energy demands. Aided by the government initiatives, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.80%. The market is estimated to reach about USD 82.33 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market for biogas, by feedstock, is divided into organic residue and wastes and energy crops. Based on application, the market is segmented into electricity generation, heating, combine heat and power (CHP), and vehicle fuel, among others. The major regional markets for biogas are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Future Biogas Limited, L’AIR LIQUIDE S.A., PlanET Biogastechnik GmbH, EnviTec Biogas AG, and AB Holding S.p.a., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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