Biogas Market Showcases Promising Growth at a CAGR 6.5% from 2015 to 2023


The global biogas market generated 22,488.0 KTOE in 2014 and is expected to generate 39,845.5 KTOE by 2023, growing at a CAGR of 6.5% from 2015 to 2023 in terms of volume. This incredible growth can be attributed to the increasing greenhouse gas (GHGs) emissions and their hazardous impact on the environment. Governments across the globe and several environmentalists are encouraging the usage of biogas, as it is a cleaner fuel than petroleum fuels. Owing to these reasons, several biogas plants will be set up across the globe in the coming years. The only factor restraining the growth of the global biogas market is the huge installation costs involved in the setup.


[UKPRwire, Thu May 09 2019] Looking at the current market trends as well as the promising demand status of the “Biogas Market”, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting them to draw conclusions out of this intelligent research report. The report on the global biogas market gives an overview of the drivers, restraints, opportunities, and threats acting on this market. It assesses these with the help of a SWOT analysis. Furthermore, it also uses a Porter’s five forces analysis to gauge the threat from new entrants, threat of substitute products or services, bargaining power of customers, bargaining power of suppliers, and intensity of competitive rivalry. The report offers a lucid explanation of every intricate aspect of the market to help its readers make important decisions.

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The global biogas market generated 22,488.0 KTOE in 2014 and is expected to generate 39,845.5 KTOE by 2023, growing at a CAGR of 6.5% from 2015 to 2023 in terms of volume. This incredible growth can be attributed to the increasing greenhouse gas (GHGs) emissions and their hazardous impact on the environment. Governments across the globe and several environmentalists are encouraging the usage of biogas, as it is a cleaner fuel than petroleum fuels. Owing to these reasons, several biogas plants will be set up across the globe in the coming years. The only factor restraining the growth of the global biogas market is the huge installation costs involved in the setup.

The global biogas market has been segmented on the basis of geography and applications. Biogas is used for generating electricity, heat, as a vehicle fuel, and for other minor applications. The electricity and heat application segments of the global biogas market were the largest segments in 2014 and are expected to continue their dominance in the near future as well. Analysts also predict that a growing number of vehicles around the world will use biogas as fuel in the years to come, which will boost demand for biogas a vehicle fuel. Some of the countries encouraging the use of biogas in cars are Thailand, Malaysia, India, Sweden, China, and Germany. The key players in the biogas market are Air Liquide Advanced Business & Technologies, Vanzetti Engineering S.r.l., EnviTec Biogas AG, Wärtsilä Corporation, Swedish Biogas International AB, Gasrec Ltd., Cryostar SAS, Biofrigas Sweden AB, Scandinavian Biogas Fuels International AB, and Cryonorm BV.

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The biogas market has been segmented as follows:

Global Biogas Market: Application Analysis


  • Electricity & Heat

  • Vehicle Fuel

  • Others


Global Biogas Market: Regional Analysis

  • North America

    • S.

    • Canada



  • Europe

    • Germany

    • K.

    • France

    • Rest of Europe



  • Asia Pacific

    • China

    • South Korea

    • Rest of Asia Pacific



  • Rest of the World (RoW)

    • Brazil

    • Others




This report gives you access to decisive data such as:

  • Market growth drivers

  • Factors limiting market growth

  • Current market trends

  • Market structure

  • Market projections for the coming years


Key highlights of this report

  • Overview of key market forces propelling and restraining market growth

  • Up-to-date analyses of market trends and technological improvements

  • Pin-point analyses of market competition dynamics to offer you a competitive edge

  • An analysis of strategies of major competitors

  • An array of graphics and SWOT analysis of major industry segments

  • Detailed analyses of industry trends

  • A well-defined technological growth map with an impact-analysis

  • Offers a clear understanding of the competitive landscape and key product segments


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