The Global Biomethane Market research report provides a comprehensive overview of the current industry trends, key industry drivers, and competitive landscape within the sector. It delves into the impact of emerging technologies, business operations and consumer behavior. Additionally, the report analyzes the strategies of top companies in the Biomethane industry and their positioning for future growth.
It also includes insights into recent market development, challenges faced by the industry, and potential opportunities for innovation and expansion. Overall, the report aims to offer valuable insights for industry stakeholders, investors, and decision-makers seeking to understand and navigate the rapidly evolving technology landscape.
“According to research report, the Global Biomethane Market size is expected to grow at a CAGR of 6.5% during the forecast period of 2024 to 2030.”
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Key factor Drive the Biomethane Market from 2024-2030
Growth of Renewable Energy Demand to Promote Biomethane Market – The consumption of renewable energies has seen an incredible increase in recent years due to the worldwide awakening for clean & more efficient energy sources, therefore supporting the demand for biomethane gas globally. This demand is further supported by rising awareness about climate change, environmental degradation & the limited natural resource of coal. According to the International Energy Agency (IEA), the capacity for renewable energy is predicted to grow by more than 8% in 2022, totaling over 320 GW. Hence, this growth in renewable energy capacity is expected to drive the Biomethane Market growth.
Moreover, the increasing demand for renewable energy extends to residential & commercial heating & cooling applications. Further, technologies like solar thermal systems and geothermal heat pumps are employed for utilizing renewable energy in these applications, further fostering its consumption.
Biomethane Market Segmentation Analysis:
By Feedstock
- Organic Household Waste- Market Size & Forecast 2019-2030, Thousand Tons
- Animal Manure- Market Size & Forecast 2019-2030, Thousand Tons
- Agricultural Waste- Market Size & Forecast 2019-2030, Thousand Tons
- Sewage Sludge- Market Size & Forecast 2019-2030, Thousand Tons
- Organic Industrial Waste- Market Size & Forecast 2019-2030, Thousand Tons
- Energy Crops- Market Size & Forecast 2019-2030, Thousand Tons
Agricultural Waste is leading the feedstock segment of the Biomethane Market. The industry, foreshadowed as a sustainable energy solution, is experiencing a global upswing in demand for agricultural waste as a feedstock. Biomethane production provides an additional revenue stream for farmers while promoting responsible waste management and reducing the carbon footprint of farming operations, thus supporting the segment growth.
By Production Process
- Anaerobic digestion- Market Size & Forecast 2019-2030, Thousand Tons
- Biomass Gasification- Market Size & Forecast 2019-2030, Thousand Tons
- Pyrolysis- Market Size & Forecast 2019-2030, Thousand Tons
By Application
- Electricity Generation- Market Size & Forecast 2019-2030, Thousand Tons
- Heat Generation- Market Size & Forecast 2019-2030, Thousand Tons
- Vehicle Fuel- Market Size & Forecast 2019-2030, Thousand Tons
- Others (Gas Grid, Combine Heat & Power (CHP Engines), etc.)- Market Size & Forecast 2019-2030, Thousand Tons
By End User
- Industrial- Market Size & Forecast 2019-2030, Thousand Tons
- Commercial- Market Size & Forecast 2019-2030, Thousand Tons
- Residential- Market Size & Forecast 2019-2030, Thousand Tons
By Region
- North America
- South America
- Europe
- Asia-Pacific
- The Middle East & Africa
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Biomethane Market Competitive Landscape:
Some of the top notch Biomethane companies operating in the market include Air Liquide, Gasum, Nature Energy, ETW Energietechnik GmbH, Archea Energy, EnviTec Biogas AG, TotalEnergies, Future Biogas, Kinder Morgan, Engie, and Others.
Key Questions Answered in the Research Report
- What are the Biomethane industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the market growth?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping up across various regions?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2024-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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We are a prominent consulting, data analytics, and market research firm that offers a broad spectrum of strategic reports across diverse industry verticals. As a dedicated qualitative & quantitative research company, we aim to provide comprehensive data services to a diverse client base, which includes multinational corporations, financial institutions, governments, and individuals, among others.
Having established our presence in the market for many years, we have conducted multi-industry research across 80+ countries, ensuring a global reach across regions such as America, Asia-Pacific, Europe, the Middle East & Africa. Notably, we have also successfully operated in countries including the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and various others, catering to diverse regional requirements.
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