Product Code: RP-ID-10079101 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10079101
Market Overview:
Biomethane Industry By Production Method (Fermentation, Gasification), By Feed Stocks (Organic Household Waste, Animal Manure, Energy Crops, Agricultural Waste, Sewage Sludge, Industrial Food Processing Waste), and By Application (Automotive, Power Generation) – Global Market Opportunity and Current Growth Analysis 2019-2025
Global Biomethane Industry was valued at USD 1675 Million in the year 2018. Global Biomethane Industry is further estimated to grow at a CAGR of 6.9% from 2019 to reach USD 2660 Million by the year 2025. Biomethane is a naturally occurring gas produced by anaerobic digestion of organic matter like plant & animal wastes, manure, sewage sludge, and other organic matter.
In the Global Biomethane Industry, by region, Europe holds the highest Industry share in 2018 and is also Industry is considered the fastest growing Industry in the forecasted period. Among major European countries, Germany, France, and Sweden have high adoption rates of Biomethane as an alternative fuel. As per the report released by European Biomass Association, the biomass currently accounts for 2/3 of renewable energy in Europe and bioenergy will play a key role in achieving the ambitious targets approved by the renewable energy directive.
Major market players in Biomethane Industry are CNG Services Ltd., SGN, Biogas Products Ltd., PlanET Biogas Global GmbH, Future Biogas Ltd., VERBIO, ORBITAL, Magne Gas, Gasrec
Gazasia Ltd., and other 10 more companies information is provided in the report.
SWOT analysis of Biomethane Industry
Strength:
The negative impact of conventional fuels on the environment
Continuous depletion of fossil reserves
Weakness:
Various requirement to meet the gas quality standards
Opportunities:
Adoption of Biomethane as an alternative fuel
Threats:
High investment costs
Biomethane Industry Segmentation:
Biomethane Industry Overview, By Feed Stocks
• Organic Household Waste
• Animal Manure
• Energy Crops
• Agricultural Waste
• Sewage Sludge
• Industrial Food Processing Waste
• Others
Biomethane Industry Overview, By Production Method
• Fermentation
• Gasification
Biomethane Industry Overview, By Application
• Automotive
• Power Generation
Biomethane Industry Overview, By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
Related Reports
Proof of Quality & Reliability
