Global Biogas Plant Market: Snapshot
The global biogas plant market is expected to be driven over the coming years, by an incrementally strengthening support shown by government and private bodies to biogas plant owners in terms of financial incentives and the favorable nature of regulations being set up. The market is also being driven by sheer positive air surrounding the establishment of successful biogas plants in terms of reducing the volume of disposed waste into landfills and thus becoming a strong eco-friendly alternative fuel source. However, the current rate of growth is being stifled by the lack of implementation of processes and equipment to create a feasible waste segregation system. This is restricting the overall supply of feedstock to biogas plants, deterring several new entrants from emerging into the competitive landscape.
The global biogas plant market is expected to weigh in at 59,697 total biogas plants by the end of 2016. The market is expected to remain reasonably positive within a forecast period from 2016 to 2024 with a CAGR of 6.5%. By the end of 2024, this market’s volume is expected to reach 86,964 biogas plants, which means that over 30,000 are easily expected to be unveiled within the forecast period.
F&B and Agriculture Stay Strong Feedstock Providers to Biogas Plants
The global biogas plant market is segmented on the basis of feedstock, into agricultural waste, energy crops, sewage sludge, industrial waste, food and beverages processing residue, and food and beverages waste. Agricultural waste includes the organic waste matter generated in the agricultural industry. At the same time, there is also a growing scope of using energy crops; herbaceous plants that are grown specifically for producing bioenergy. Sewage sludge is the semi-solid residue in a wastewater treatment process. Waste and effluents generated from the leather industry, biofuels industry, and a few others can also be utilized as feedstock in biogas plants.
Food and beverages and agricultural waste dominated the global biogas plant market in 2015. Biogas plants need a regular supply of high-yield feedstock to generate sufficient volumes of biogas to make their operations profitable. The above two feedstock sources have so far provided consistent and large volumes of feedstock to the global biogas plant market, making them much more preferred than any other feedstock source.
APAC Expected to Remain Dominant User of Biogas
Asia Pacific led the global biogas plant market in terms of biogas plant volume generation as well as consumption in 2015. This region’s biogas market is projected to expand at a CAGR of 7.8% from 2016 to 2022. China, India, Japan, and Australia have so far been the leading nations in terms of generation of biogas in the Asia Pacific biogas plant market. Like the developed economies, the biogas plant market in APAC has also been led by agricultural waste and the F&B processing residue, and sewage sludge as core feedstock. The rate of investments are also rising greatly in this region for waste management processes. These factors, coupled with increasing pressure created by energy imports have compelled various APAC countries to focus on alternatives to fossil fuels, including ramping up the generation of biogas.
The key players in the global biogas plant market are present across all parts of the value chain. Some of the players that have led the global biogas plant market till 2015, include Wärtsilä, Air Liquide, EnviTec Biogas AG, Scandinavian Biogas, Swedish Biogas International, Ameresco, Inc., Agrinz Technologies GmbH, PlanET Biogas Global GmbH, SP Renewable Energy Sources Pvt. Ltd., Beijing Sanyi Green Energy Development Co., Ltd., Quadrogen, IES BIOGAS srl., Biofuel USA Corporation, CH4 Biogas, and Biofrigas Sweden AB.
Global Biogas Plant Market: Overview
The global biogas plant market report by Transparency Market Research provides in-depth analysis of the biogas plant market globally. The report segments the market on the basis of feedstock type and geography. The report analyzes the global biogas plant market in terms of biogas plant volume (Units) 2016–2022. For this research study, the base year is 2015, whereas the forecast is from 2016 to 2022. The report provides a comprehensive competitive landscape and features companies involved in entire supply chain of biogas plant including component providers, biogas plant manufacturers, suppliers, EPC players and others. This report includes the key dynamics affecting the biogas plant market globally. The analysis in the report provides detailed insights of the global biogas plant market. The drivers, opportunities, and restraints of the market were analyzed in detail and are illustrated in the report. The report also provides a detailed industry analysis of the global biogas plant with the help of the Porter’s Five Forces Analysis model.
Global Biogas Plant Market: Key Segmentations
The research report is segmented into feedstock type. Feedstock type segment is further segmented into agricultural waste, energy crops, sewage sludge, industrial waste, food & beverages processing residue, food & beverages waste.
The global biogas plant market has been segmented geographically into five regions and further into sub-segmented 18 unique country sub-segments. The regional segments are North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The 18 countries which have been separately addressed in this report are the U.S., Canada, Germany, France, Italy, Spain, the U.K., Russia, China, India, Japan, Oceania, Turkey, GCC, South Africa, North Africa, Brazil, and Mexico.
On the basis of feedstock type, food & beverages processing residue and agricultural waste dominated the global biogas plant market in 2015. Biogas plant require regular supply of high yield feedstock to produce biogas and make biogas plant operations profitable. Single type or multiple types of feedstock can be fed simultaneously into biogas plant. Increasing greenhouse gases emission has increased the adoption of clean fuel across the globe. Various government incentives and subsidies have encouraged several companies to invest in construction of biogas facility. However, the global biogas market growth could be hampered by high initial investment and installation costs.
Global Biogas Plant Market: Key Analytics
Asia Pacific dominated the global biogas plant market in terms of biogas plant volume, in 2015. It is expected to expand at a CAGR of 7.8% from 2016 to 2022. China, India, Japan, Australia, and ASEAN countries are some of the major countries in the Asia Pacific biogas plant market. Asia Pacific biogas plant market was dominated by biogas plants utilizing agricultural waste, F&B processing residue, and sewage sludge as the feedstocks. Rising investments for waste management coupled with growing energy imports have compelled various countries such as China and India to focus on alternate sources of energy such as biogas.
Some of the major players operating in the global biogas plant market include Air Liquide, Wärtsilä, Scandinavian Biogas, EnviTec Biogas AG, Ameresco, Inc., Swedish Biogas International, PlanET Biogas Global GmbH, Agrinz Technologies GmbH, Beijing Sanyi Green Energy Development Co., Ltd., SP Renewable Energy Sources Pvt. Ltd., IES BIOGAS srl., Quadrogen, CH4 Biogas, Biofuel USA Corporation, and Biofrigas Sweden AB among others. The report provides an overview of these companies, followed by their financial details, business strategies, and SWOT analysis. The global biogas plant market has been segmented as follows:
Global Biogas Plant Market: By Feedstock Type
- Agricultural Waste
- Energy Crops
- Sewage Sludge
- Industrial Waste
- Food & Beverages Processing Residue
- Food & Beverages Waste
Global Biogas Plant Market: Regional Analysis
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- North Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America