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World Biological Waste-to-Energy Plant Market - Opportunities for Biogas Plants
Frost & Sullivan, April 2010, Pages: 78
This research service examines the Global Biological Waste-to-Energy plant market in Europe, North & South America, Asia Pacific, Middle East and Africa. Market profiles have been provided for the five regional segments, which include a review of the market in each region, analysing the key market forces of drivers and restraints, market measurements of market size for base year, corresponding annual growth rate including the compound annual growth rate for the forecast period for a base case and optimistic case scenario. In addition, an in-depth analysis of the competitive situation including competitor’s market shares is performed, along with a discussion on the key competitive trends in the region.
This Frost & Sullivan research service titled World Biological Waste-to-Energy Plant Market - Opportunities for Biogas Plants provides a detailed analysis of the world biological waste-to-energy plant (BWEP) market. This research service provides sales and forecasts for the world BWEP market along with existing industry challenges and market drivers and restraints that are likely to influence the world BWEP market growth. In this research, Frost & Sullivan's expert analysts thoroughly examine the following regional markets: Europe, North America, South America, Africa and Middle East, and Asia Pacific.
Market Overview
The Global Biogas Plant Market is on an Upward Swing Driven by Government Policies and Tax Incentives
BWEPs generate biogas from industrial, municipal, and agricultural waste as well as energy crops. These plants have significant growth opportunities in the biogas market as they yield greater gas per ton of input and generate better quality bio methane in contrast to any other method. The global biogas plant market is anticipated to grow considerably, driven by government policies and supporting financial and tax incentives to reduce greenhouse gases and increase the share of renewable energies in the total energy mix. In the last ten years, European governments have created a sizeable renewable energy industry. Modern societies are constrained to achieve energy independence and fight climate change, European countries as well as the USA are reducing public spending but at the same time launching aggressive plans to increase the percentage of renewable energies in their total energy mix.
“Biogas is the new growth industry in the renewable energy sector” says the analyst of this research. “Despite the many challenges; the value proposition of the biogas industry attracts governments and investors across both developed and emerging economies.” Generation of biogas through anaerobic digestion is the ideal solution for treating dangerous waste in the environment, protecting natural resources, and fighting climate change while producing energy. Since biogas offers a good value proposition, governments have realised that it can be used to successfully produce energy, manage waste and offset greenhouse gases.
However, for the market to reach this growth potential, government authorities of the emerging and developed economies should improve the business environment for producing green energy in anaerobic digesters. The market for biogas plants is stronger in Germany, where the government has set a series of legislative and financial incentives that include an attractive feed-in tariff. “Although Germany is the leading market for biogas plants in the world, other countries in Europe and North America are creating an attractive business environment for investment in anaerobic digestion plants” explains the analyst. “In fact, countries such as Italy and the Czech Republic have already introduced similar policies and we are seeing an increase in demand for biogas plants.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By Region:
- Europe
- North America
- South America
- Africa and Middle East
- Asia Pacific
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