Enjoy complimentary customisation on priority with our Enterprise License!
The biogas upgrading equipment market size is forecast to increase by USD 7.43 billion at a CAGR of 18.52% between 2023 and 2028.
The biogas upgrading equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The water scrubber segment is estimated to witness significant growth during the forecast period.
Biogas upgrading technology plays a significant role in transforming bioenergy into a more valuable and sustainable fuel source for various industries, including Compressed Natural Gas (CNG) and transportation. Water scrubbing is the most common upgrading method, which involves using water as a solvent to remove carbon dioxide (CO2) from biogas, resulting in high-quality biomethane. This process increases the methane content of the gas, making it around 98% pure, while also eliminating hydrogen sulfide. Water scrubbing is preferred due to its simplicity, commercial availability, and consistent performance at various flow rates. The process has a low carbon slip of less than 2%, leading to reduced operating costs.
Biogas upgrading is essential for converting organic substrates, such as sewage sludge, industrial waste, agricultural wastes, and manure, into clean energy sources. By replacing conventional fuel sources like crude oil and natural gas, biogas upgrading contributes to carbon reduction procedures, methane enhancement, and the reduction of greenhouse gas emissions. The market is driven by the increasing demand for renewable energy sources, such as biomethane, in various industries. This includes the power generation industry, transportation sector, and agriculture sector. The use of biomethane as a natural gas replacement in CNG cars and as a vehicle fuel reduces dependence on fossil fuels and contributes to the reduction of methane emissions and ecosystem deterioration.
Cryogenic refinement, membrane separation, and pressure swing adsorption are other upgrading techniques used to enhance the quality of biogas. These methods ensure the production of high-purity biomethane, which can be used as a fuel or feedstock for various applications, including electricity generation, industrial processes, and household use. In summary, biogas upgrading technology is a vital component of the transition towards a more sustainable energy future. The increasing demand for clean energy sources, coupled with the need to reduce greenhouse gas emissions, is driving the growth of the market. Water scrubbing is the most commonly used upgrading method due to its simplicity, consistency, and low operating costs.
Other upgrading techniques, such as cryogenic refinement and membrane separation, ensure the production of high-purity biomethane for various applications.
Get a glance at the market report of share of various segments Request Free Sample
The Water scrubber segment was valued at USD 1.34 billion in 2018 and showed a gradual increase during the forecast period.
Europe is estimated to contribute 39% 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.
For more insights on the market size of various regions, Request Free Sample
Bioenergy derived from renewable sources is poised to contribute significantly to the European Union's (EU) goal of accounting for 20% of the total final energy consumption. Biomethane, a form of bioenergy, is increasingly gaining popularity in Europe due to the ambitious targets set by various countries. For instance, Sweden aims to replace all fossil fuels in transportation with biomethane by 2030, while Denmark plans to produce 2,0 PJ of biomethane by the same year. The Netherlands set a target of 670 million m3 of biomethane consumption in 2020, and Germany intended to replace 6% of its national gas consumption and 10% by 2030.
Germany's heavy dependence on oil and gas imports, given its low reserves, underscores the importance of biomethane as a natural gas replacement. Biogas upgrading technology, including chemical scrubbers and cryogenic refinement, plays a vital role in enhancing the purity of biomethane from raw biogas. Sewage sludge, industrial waste, agriculture wastes, and manure are common organic substrates used in the anaerobic digestion process to produce biogas. The water washing technique and pressure swing adsorption are other methods used in biogas upgradation. Biomethane is a clean energy source that reduces greenhouse gas emissions, including methane and carbon dioxide, making it an attractive alternative to conventional fuel sources.
The transportation industry, including CNG cars, can benefit significantly from biomethane as a vehicle fuel. The power generation industry and electricity generation from biomethane are other applications. The market is expected to grow as the demand for biomethane as a renewable energy source increases.
Our researchers analyzed the data with 2023 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.
The biogas upgrading equipment market forecasting 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 biogas upgrading equipment market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, biogas upgrading equipment market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
2G Energy AG - The company specializes in biogas upgrading technology, providing advanced solutions through equipment like Agenitor and Avus. These systems enhance biogas to natural gas standards, increasing its market value and applicability in various industries. By removing impurities and raising methane content, the upgraded biogas becomes a sustainable alternative to fossil fuels, contributing significantly to the global shift towards renewable energy sources.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Biogas upgrading technology refers to the processes used to convert raw biogas into a higher-value form, such as biomethane or renewable natural gas (RNG). This upgraded biogas can then be used as a clean energy source for various applications, including transportation fuel and electricity generation. Biogas is produced through the anaerobic digestion of organic substrates, such as sewage sludge, industrial waste, agricultural wastes, and food waste. During this process, methane is released as a byproduct. However, the methane content in raw biogas is typically below the threshold required for use as a vehicle fuel or for injection into the natural gas grid.
Biogas upgrading technology is therefore essential to increase the methane content and remove impurities, such as carbon dioxide and other contaminants. The biogas upgrading market is driven by the growing demand for clean energy sources and the need to reduce greenhouse gas emissions. Biomethane and RNG are considered renewable energy sources that can help replace conventional fuel sources, such as crude oil and natural gas. The transportation industry is a significant consumer of biomethane and RNG, as it can be used as a fuel for compressed natural gas (CNG) vehicles. The biogas upgrading process typically involves several steps, including methane enhancement, carbon reduction procedure, and cryogenic refinement.
Methane enhancement involves increasing the methane content in the biogas stream through techniques such as pressure swing adsorption or membrane separation. Carbon reduction procedure involves removing carbon dioxide from the biogas stream to increase the methane content further. Cryogenic refinement is a process that uses low temperatures to separate methane from other gases in the biogas stream. Biogas upgrading equipment is essential for the successful implementation of biogas upgrading projects. The equipment used depends on the specific requirements of the project and the desired product. For example, water washing technique is used to remove impurities from the biogas stream, while chemical scrubbers are used to remove carbon dioxide.
The biogas upgrading market is still in its nascent stage, but it is expected to grow significantly in the coming years due to the increasing demand for clean energy sources and the need to reduce greenhouse gas emissions. The market is also driven by the availability of organic substrates, such as agricultural wastes and industrial wastewater, which can be used as feedstocks for biogas production. The use of biogas upgrading technology can help reduce methane emissions from landfills and agriculture wastes, which contribute significantly to greenhouse gas emissions. Biogas upgrading can also help reduce the reliance on fossil fuels and the associated environmental impacts.
Additionally, the use of biomethane and RNG as vehicle fuels can help reduce the carbon footprint of the transportation sector. In , biogas upgrading technology plays a crucial role in the production of clean energy sources from organic substrates. The market for biogas upgrading equipment is expected to grow significantly in the coming years due to the increasing demand for renewable energy sources and the need to reduce greenhouse gas emissions. The use of biogas upgrading technology can help reduce methane emissions, reduce the reliance on fossil fuels, and contribute to the clean energy transition.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
161 |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 18.52% |
|
Market growth 2024-2028 |
USD 7434.8 million |
|
Market structure |
Fragmented |
|
YoY growth 2023-2024(%) |
15.18 |
|
Key countries |
US, Germany, China, UK, and Italy |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this biogas upgrading equipment market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
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.
