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Some of the key findings from our biomethane plants market forecast report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
The growing adoption of biomethane as a transport fuel has been identified as one of the critical biomethane plants market trends. The transportation sector accounts for a majority share of the overall GHG emissions. As a result, the industry is increasingly adopting low-carbon alternatives of oil, such as biomethane. Biomethane has the same chemical composition as fossil fuels and can be mixed with natural gas in any ratio without hampering the performance of the vehicle’s engine. The increasing number of gas filling stations offering upgraded biomethane will further boost its adoption in the transportation sector. For instance, Bright Biomethane commissioned a biogas upgrading facility to produce biomethane in Spain. Similarly, Wärtsilä is offering biogas upgrading solutions to upgrade biogas into biomethane, that can be used as transport fuels. These developments, coupled with the increasing focus on reducing GHG emissions from the transportation sector, will fuel the growth of the biomethane plants during the next five years.
The increasing rate of municipal waste generation will also contribute to the growth of the biomethane plants market. The increasing rate of urbanization, population growth, and economic development have increased the rate of municipal solid waste generation across the world. Methane produced from solid waste is a powerful GHG. Also, uncollected municipal solid waste can result in floods, air pollution, and several health issues, such as respiratory ailments, dengue fever, and diarrhea. This drives the need for the adoption of appropriate waste management techniques depending upon the composition, ambient conditions, and regulations of a particular region. The treatment of municipal solid waste to produce biogas and biomethane has emerged as the ideal solution for municipal solid waste management. Instead of dumping municipal solid waste in landfills, it can be used as an efficient energy source. With the increase in municipal solid waste generation, the production of biomethane will subsequently increase. Such factors will drive the growth of the market at a CAGR of almost 8% during the forecast period.
The global biomethane plants market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this biomethane plants market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The report offers a detailed analysis of several leading biomethane plants, including:
The agriculture segment will account for the highest biomethane plants market share. The high demand for fertilizers produced as byproducts of the anaerobic digestion process of agricultural waste and increasing government support are some of the factors driving biomethane plants market growth in this segment. This market research report provides an accurate prediction of the contribution of all the segments to the growth of the biomethane plants market size.
With a complete study of the growth opportunities for companies, it has been identified that the EMEA region will account for the highest share of the biomethane plants market throughout the forecast period. Factors such as the increasing demand for energy, growing concerns about environmental degradation, economic development, increasing government support, and the rising use of biomethane as a fuel in the transportation sector will contribute to the growth of the biomethane plants market in this region.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
PART 08: MARKET SEGMENTATION BY FEEDSTOCK TYPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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.
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