Enjoy complimentary customisation on priority with our Enterprise License!
The biogas upgrading equipment market is estimated to grow by USD 5.07 billion at a CAGR of 15.38% between 2022 and 2027. The Biogas Upgrading Equipment Market is propelled by several key drivers, including the pressing need for cleaner fuel sources. With increasing environmental concerns, industries and governments alike are seeking alternatives to traditional fossil fuels. Biogas, derived from organic waste, offers a sustainable and renewable energy solution. Additionally, favorable government policies and incentives encourage the adoption of biogas upgrading equipment, fostering market growth. Furthermore, the emphasis on environmental conservation and energy security further amplifies the demand for biogas upgrading technologies, positioning the market for significant expansion.
To learn more about this report, Download Report Sample
The market share growth of the water scrubber segment will be significant during the forecast period. Water scrubbing is the traditional process in which carbon dioxide is removed from biogas to form high-quality biomethane. This process uses water as a solvent to remove carbon dioxide. Since the solubility of carbon dioxide in water is much higher than that of methane, the methane content of the gas leaving the scrubber increased. The biomethane produced in this way is approximately 98% pure. The process also removes all traces of hydrogen sulfide.
Get a glance at the market contribution of various segments Request a PDF Sample
The water scrubber segment was valued at 1.26 billion in 2017 and continued to grow by 2021. Water scrubbing is the oldest and most used process because it is simple. It is commercially available in different capacities ranging from 0.2 kWh/Nm3 to 0. 6 kWh/Nm3. The less than 2% decarbonization process requires lower operating costs and is consistent at any flow rate. Water washing technology is constantly being developed and is one of the best technologies for use in various rooms. Therefore, there is a high demand for this technology compared to other technologies, which is expected to lead to the growth of the water purifier segment in the global biogas refining equipment market during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
Europe is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Bioenergy from renewable energy sources plays a key role in achieving the ambitious target set by the EU - 20 percent of final energy consumption. Most of the European population is still not aware of the benefits of biomethane in vehicles. However, this is changing due to favorable support conditions given by various governments. Germany is highly dependent on oil and gas imports because its reserves are small. The country imports 97% of its oil and more than 85% of its natural gas consumption. Therefore, to improve energy security, the government fully supports the use of renewable energy sources in all sectors, which has accelerated the growth of renewable energy sources such as biofuels, biogas, and refined biogas.
The Biogas Upgrading Equipment Market is experiencing significant growth due to rising demand for biomethane, a renewable fuel that mitigates greenhouse gases. Key equipment like water scrubbers removes impurities such as carbon dioxide and hydrogen sulfide to yield high-purity biomethane. Europe, especially Germany, leads in bioenergy adoption, driving market expansion to meet stringent quality standards and promote cleaner energy alternatives. The need for cleaner fuel is notably driving the market growth although factors such as the high cost of production may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Market growth is driven notably by the increasing demand for cleaner fuel, fueled by concerns over rising greenhouse gas emissions. Unlike conventional oil and natural gas, biogas stands out as a renewable alternative. Derived from biodegradable matter and waste, it undergoes recycling and refining processes to serve as a versatile fuel across various applications.
The imperative to mitigate greenhouse gas emissions and diversify energy sources propels global interest in efficient and cleaner alternatives like biogas, biodiesel, and ethanol. Biogas, particularly, offers stability against price fluctuations seen in natural gas markets, thereby bolstering economic resilience.
Consequently, the surge in demand for refined biogas necessitates expanded production capacities and equipment upgrades to meet market needs. This escalating demand for upgraded equipment drives growth in the global market, ensuring sustained momentum throughout the forecast period.
Key market trends include technological advancements in biogas upgrading techniques and equipment. Government support and rising interest in biogas foster investments in processing technologies. Innovations like cryogenic refining and on-site methane enrichment enhance existing methods. Improved biogas energy intensity reduces greenhouse gas emissions, with advanced techniques yielding up to 99% efficiency. For instance, Goteborg Energi in Sweden converts forest residues into biomethane using a 20 MW plant. These advancements propel the global biogas refining equipment market forward.
A significant challenge hindering market growth is the elevated production costs. Converting raw biogas into refined form proves costly. Biogas typically comprises 30%-40% carbon dioxide, necessitating refinement to enhance methane content and lower carbon dioxide levels to match natural air composition. This refining process incurs high expenses, demanding optimization through innovative approaches. Achieving high methane yield while minimizing energy consumption is imperative. Consequently, the substantial investment required to scale production and meet escalating demand poses a formidable obstacle to the market's growth forecast.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Care implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AAT Abwasser und Abfalltechnik GmbH - The company offers biogas upgrading equipment such as agitators and flares as its key offerings.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The Biogas Upgrading Equipment Market is thriving as anaerobic digestion of organic substrates like manure, sewage sludge, and organic fractions gains momentum. Utilizing household and industrial waste, energy crops, and organic sources, biogas is upgraded for various applications, including vehicle fuel and combined heat and power plants. With environmental advantages such as reduced methane emissions and greenhouse gases, the market responds to global warming concerns and fluctuating oil and natural gas prices. Innovative methods like the Schmack pre-treatment technique enhance methane content, improving operational efficiency. As demand grows for renewable fuel sources, the market evolves, contributing to the transition towards green energy.
The report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Biogas Upgrading Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
156 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.38% |
Market growth 2023-2027 |
USD 5.07 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
14.4 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 41% |
Key countries |
US, China, Germany, UK, and Italy |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
2G Energy AG, AAT Abwasser und Abfalltechnik GmbH, Air Liquide SA, Atlas Copco AB, Bright Renewables B.V., Carbotech Gas Systems GmbH, Condorchem Envitech SL, DMT International, DP CleanTech Co. Ltd., DVO Inc., Greenlane Renewables Inc., HAASE Umwelttechnik GmbH, Jog Waste to Energy Pvt. Ltd., Nacelle Logistics LLC, NeoZeo AB, Pentair Plc, Veolia Environment SA, Xebec Adsorption Inc., Anaergia Inc., and MalmbergGruppen AB |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.