The Global Biomethane Market is estimated to be USD 2. 23 Bn in 2021 and is expected to reach USD 3. 38 Bn by 2026, growing at a CAGR of 8.67%.
Market Dynamics
Rising usage of biomethane in the automotive, increasing demand for bio-based fuel for power generation plants, and rapid industrialization are majorly driving the biomethane market. Furthermore, growing environmental concerns, favorable administrative regulations, and increasing demand for electricity generation are prompting the demand for the global biomethane market. In addition, the growing use of biomethane fuel as a conveyance fuel by an increasing number of countries is further driving the market growth. However, high primary financing and cost-setting are hindering market growth.
Market Segmentation
The Global Biomethane Market is segmented further based on Process, Feedstock, Application, and Geography.
By Process, the market is classified into fermentation and gasification. Amongst the two, the gasification segment is estimated to hold the highest market share during the forecast period.
By Feedstock, the market is classified as organic household waste, animal manure, energy crops, agricultural waste, sewage sludge, industrial food processing waste, and others. Amongst all, the sewage sludge segment is estimated to hold the highest market share during the forecast period.
By Application, the market is classified as classified power generation, automotive, and others. Amongst all, the power generation segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. TotalEnergies SE Acquires Fonroche Biogaz and becomes the French leader in renewable gas with close to 500 gigawatt-hours (GWh) of installed capacity.- 11th January 2021
2. EnviTec Biogas acquired BioEnergie Park Güstrow. It will retrofit the plant to produce liquefied biomethane (bioLNG) instead of its current biomethane-to-grid configuration. - 21st May 2021
Company Profiles
Some of the companies covered in this report are Biogas Products, Biogas Products Ltd, CNG Services, CNG Services Ltd, Cryo Pur, EnviTec Biogas, etc.
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
Report Highlights:
Market Dynamics
Rising usage of biomethane in the automotive, increasing demand for bio-based fuel for power generation plants, and rapid industrialization are majorly driving the biomethane market. Furthermore, growing environmental concerns, favorable administrative regulations, and increasing demand for electricity generation are prompting the demand for the global biomethane market. In addition, the growing use of biomethane fuel as a conveyance fuel by an increasing number of countries is further driving the market growth. However, high primary financing and cost-setting are hindering market growth.
Market Segmentation
The Global Biomethane Market is segmented further based on Process, Feedstock, Application, and Geography.
By Process, the market is classified into fermentation and gasification. Amongst the two, the gasification segment is estimated to hold the highest market share during the forecast period.
By Feedstock, the market is classified as organic household waste, animal manure, energy crops, agricultural waste, sewage sludge, industrial food processing waste, and others. Amongst all, the sewage sludge segment is estimated to hold the highest market share during the forecast period.
By Application, the market is classified as classified power generation, automotive, and others. Amongst all, the power generation segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. TotalEnergies SE Acquires Fonroche Biogaz and becomes the French leader in renewable gas with close to 500 gigawatt-hours (GWh) of installed capacity.- 11th January 2021
2. EnviTec Biogas acquired BioEnergie Park Güstrow. It will retrofit the plant to produce liquefied biomethane (bioLNG) instead of its current biomethane-to-grid configuration. - 21st May 2021
Company Profiles
Some of the companies covered in this report are Biogas Products, Biogas Products Ltd, CNG Services, CNG Services Ltd, Cryo Pur, EnviTec Biogas, etc.
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Biomethane Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst’s positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Biomethane Market
What is the estimated value of the Global Biomethane Market?
What is the growth rate of the Global Biomethane Market?
What is the forecasted size of the Global Biomethane Market?
Who are the key companies in the Global Biomethane Market?
Report Attribute | Details |
---|---|
No. of Pages | 168 |
Published | May 2021 |
Forecast Period | 2021 - 2026 |
Estimated Market Value ( USD
| USD 2230 Million |
Forecasted Market Value ( USD
| USD 3380 Million |
Compound Annual Growth Rate | 8.6% |
Regions Covered | Global |
No. of Companies Mentioned | 21 |
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
5 Market Analysis
6 Global Biomethane Market, By Process
7 Global Biomethane Market, By Feedstock
8 Global Biomethane Market, By Application
9 Global Biomethane Market, By Geography
10 Competitive Landscape
11 Company Profiles
12 Appendix
Companies Mentioned
- Biogas Products Ltd.
- CNG Services
- Cryo Pur
- EnviTec Biogas
- ETW Energietechnik GmbH
- Future Biogas
- Gasliner
- Gasrec Ltd.
- Gazasia Ltd.
- Green Gas Certification
- JV Energen
- Magne Gas
- MemfoACT
- Nordsol
- Orbital
- Planet Biogas Global
- Schmack Carbo tech
- SGN
- Southern California Gas Company
- TotalEnergies SE
- Vereinigte BioEnergie AG