Press Release

Biogas Plant Market to Grow with a CAGR of 5.20% through 2028

Rising demand for renewable energy sources and increasing government support for biogas plants are likely to drive the market in the forecast period.

According to TechSci Research report, “Biogas Plant Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Biogas Plant Market stood at USD 4.10 billion in 2022 and is anticipated to grow with a CAGR of 5.20% in the forecast period.

One of the primary drivers of the global biogas plant market is the increasing global focus on renewable energy sources as a means of addressing environmental concerns and transitioning away from fossil fuels. Biogas, generated from organic waste materials through anaerobic digestion, is considered a clean and sustainable energy source. With mounting concerns about climate change and the depletion of finite fossil fuel resources, governments, businesses, and individuals worldwide are actively seeking alternative energy solutions that reduce greenhouse gas emissions and environmental impacts. Biogas plants play a pivotal role in this transition by capturing methane emissions from organic waste streams, thus mitigating their contribution to climate change. The adoption of biogas as a renewable energy source aligns with international agreements like the Paris Agreement, which sets ambitious targets for reducing carbon emissions. Governments are implementing policies and incentives to promote the use of biogas in electricity generation, heat production, and transportation, further driving the growth of the biogas plant market. As the global commitment to renewable energy sources intensifies, biogas is expected to continue its ascent as a key driver of the global energy transition.

The growing emphasis on waste-to-energy and circular economy initiatives represents another significant driver for the global biogas plant market. In the context of a circular economy, the goal is to minimize waste generation and maximize resource efficiency by reusing, recycling, and recovering value from materials that would otherwise be discarded as waste. Biogas plants play a pivotal role in this paradigm shift by converting organic waste materials, such as agricultural residues, food waste, and sewage sludge, into valuable biogas and organic fertilizers. This not only diverts organic waste from landfills but also reduces the release of methane, a potent greenhouse gas, from decomposing waste. As governments and industries seek sustainable waste management solutions and work towards zero-waste goals, biogas plants offer a practical means of closing the loop on organic waste materials. These initiatives not only reduce environmental pollution but also generate renewable energy and biofertilizers, promoting resource conservation and sustainability.

Furthermore, the circular economy principles encourage collaboration between waste generators, municipalities, and biogas plant operators to create efficient supply chains for organic feedstock materials, fostering the growth of the biogas plant market. The alignment of waste-to-energy strategies and circular economy goals positions biogas as a sustainable and economically viable solution, further propelling its market expansion.

                                    

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Biogas Plant Market.” 


The Global Biogas Plant Market is segmented into operational mode, size, feedstock type, application, industry verticals and region.

Based on operational mode, The Continuous Flow Filling segment had the largest market share in 2022 & expected to maintain it in the forecast period. Continuous flow filling systems operate continuously, allowing for a steady and uninterrupted digestion process. This results in consistent biogas production, making it an efficient choice for large-scale biogas plants. The steady input and output of feedstock and digestate contribute to stable and reliable biogas production, which is essential for meeting energy production targets. Optimal for Large-Scale Facilities: Large industrial biogas plants, such as those associated with municipal wastewater treatment plants or agro-industrial operations, often handle substantial quantities of organic waste daily. Continuous flow systems are well-suited to handle the high volumes of feedstock encountered in these settings. They can process organic materials efficiently, making them a preferred choice for maximizing biogas output in larger installations. Continuous flow systems allow for precise control of operating conditions within the digester. Operators can adjust parameters like temperature, retention time, and mixing more effectively, optimizing the biogas production process. This level of control is particularly crucial for achieving optimal gas yields and waste digestion. Semi-batch filling systems, by their nature, involve periods of loading, digestion, and unloading, leading to downtime between cycles. Continuous flow systems minimize downtime as they do not require halting operations for loading and unloading. This operational continuity translates into higher overall plant efficiency and increased biogas production. Continuous flow filling systems can benefit from economies of scale.

Based on application, The Electricity Generation segment had the largest market share in 2022 and is projected to experience rapid growth during the forecast period. Electricity is a highly versatile form of energy that can be easily integrated into existing power grids. This allows biogas plants to contribute directly to electricity supply, supporting energy demand in regions and industries that rely heavily on electricity. Electricity generation from biogas enhances energy security by providing a reliable and consistent source of power. Biogas plants can operate continuously, which is essential for maintaining a stable energy supply, especially in regions susceptible to energy shortages or grid fluctuations. Electricity is a versatile energy carrier that can be used in various applications, including residential, commercial, and industrial sectors. Biogas-generated electricity can power homes, businesses, and manufacturing facilities, making it appealing to a broad range of consumers.  Many governments worldwide have set ambitious renewable energy targets, which often include specific goals for increasing the share of renewable electricity in the energy mix. Biogas, as a renewable energy source, aligns well with these targets and receives policy support to drive electricity generation projects. Biogas plants that generate electricity can also serve as grid stabilizers. They can respond quickly to changes in electricity demand, providing grid operators with a valuable tool for maintaining grid stability. This flexibility is especially crucial when integrating intermittent renewable sources like wind and solar into the grid. Government policies, such as feed-in tariffs (FiTs) and incentives, often favor electricity generation from renewable sources like biogas. FiTs guarantee favorable prices for biogas-generated electricity, incentivizing investments in biogas plants dedicated to electricity production.

Major companies operating in the Global Biogas Plant Market are:

  • EnviTec Biogas AG
  • Weltec Biopower Gmbh
  • Ameresco Inc
  • AB Holding SpA
  • StormFisher
  • Verbio Vereinigte BioEnergie AG
  • Greenlane Renewables Inc
  • WTS Wiltfang GmbH & Co. KG
  • Haarslev Industries A/S
  • PlanET Biogas Global GmbH


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“The Global Biogas Plant market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. The global Biogas Plant market is driven by the ongoing transition towards renewable energy sources. As the world seeks to reduce carbon emissions and combat climate change, biogas emerges as a sustainable and environmentally friendly solution. Governments and industries are investing heavily in biogas infrastructure due to its dual benefit of waste management and clean energy production. Favorable policies, incentives, and renewable energy targets further stimulate the adoption of biogas technology. As the demand for clean and reliable energy continues to rise, the Biogas Plant market plays a pivotal role in the global renewable energy landscape, driving its growth and expansion. Therefore, the market of Biogas Plant is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Biogas Plant Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Operation Mode (Continuous Flow Filling, Semi-Batch Filling), By Size (Large Size Biogas Plant, Small Size Biogas Plant), By Feedstock Type (Agricultural Waste, Animal Waste, Sewage Sludge, Industrial Waste, Others), By Application (Electricity Generation, Heat Generation, Biofuel Generation), By Industry Verticals (Energy and Power, Oil and Gas, Automotive, Others), By Region, By Competition”, has evaluated the future growth potential of Global Biogas Plant Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Biogas Plant Market.

 

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