Global Biomethane Plants Market 2019-2023

Some of the key findings from our biomethane plants market forecast report are summarized below

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Global Biomethane Plants Industry Overview

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.

Top Biomethane Plants Companies Covered in this Market Research Report

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:

• ENGIE SA
• EnviTec Biogas AG
• L’Air Liquide SA
• PlanET Biogastechnik GmbH
• Wärtsilä Corp.

Biomethane Plants Market Segmentation Based on Feedstock Type

• Agriculture
• Sewage
• Others

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.

Biomethane Plants Market Segmentation Based on Geographic Region

• The Americas
• APAC
• EMEA

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.

Key Highlights of the Global Biomethane Plants Market for the Forecast Period 2019-2023

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the biomethane plants market during the next five years
• Precise estimation of the global biomethane plants market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the biomethane plants industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of biomethane plants companies

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