Biogas plant industry detailed analysis and forecast by 2022
1. Biogas Plant Industry Detailed Analysis and Forecast by 2022
Report Description
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.
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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.
2. 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.
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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,
3. 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.
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plant-market
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.
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