Market Size of Biogas Plant Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 3.15 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Biogas Plants Market Analysis
The biogas plant installed capacity is expected to register a CAGR of 3.15% during the forecast period, 2022-2027, reaching a value of 21.5 GW by 2027 compared to 17.46 GW in 2020. The COVID-19 outbreak had a minor impact on the biogas plant market, with no major delay in projects. Projects like the Gandari biogas plant project in Nepal witnessed no major negative impact during the COVID-19 pandemic. With the increasing rate of pollution, many countries worldwide are putting emphasis on reducing carbon emissions. Using renewable sources, such as biogas, can help reduce the increasing carbon footprint and thereby reduce the average rate of the increasing temperature of the world. The biogas plants market is primarily driven by the supporting government policies and increasing share of biogas and biomethane blends. However, the biogas plant market can be obstructed by the increasing use of alternate renewable energy sources and high primary investment and installation costs.
- Small-scale digesters are expected to witness significant growth during the forecast period, mainly owing to the low capital requirement and demand in growing economies.
- Technological advancements and innovations in the biogas industry are also likely to serve as an opportunity for the market. Dendro Liquid Energy (DLE), Home Biogas, and BioBang are a few technologies that have attracted new players and driven the market further.
- As of 2021, Europe was the largest biogas producer owing to a large base of biogas facilities, with the majority situated in Germany and Italy.
Biogas Plants Industry Segmentation
The biogas plant market report includes:
| Application | |
| Electricity Generation | |
| Biofuel | |
| Heat Generation |
| Biogas Plant Type | |
| Small-scale Digesters | |
| Medium- to Large-scale Digesters |
| Geography | |
| North America | |
| Asia-Pacific | |
| Europe | |
| South America | |
| Middle-East and Africa |
Biogas Plant Market Size Summary
The biogas plant market is poised for steady growth, driven by increasing global emphasis on reducing carbon emissions and the adoption of renewable energy sources. Government policies supporting biogas and biomethane blends are pivotal in this growth trajectory. Despite challenges such as the high initial investment and competition from alternative renewable energy sources, the market is expected to expand, with small-scale digesters gaining traction due to their low capital requirements and demand in emerging economies. Technological advancements and innovations, such as those from Dendro Liquid Energy and Home Biogas, are further propelling market expansion. Europe remains a dominant force in the biogas sector, with Germany and Italy leading in production, supported by substantial investments and infrastructure developments.
The small-scale digester segment is anticipated to experience significant growth, particularly in developing regions where they provide essential energy solutions and food security. These digesters are increasingly being adopted in countries like India, Thailand, and China, with a growing presence in Europe and the United States. Government initiatives, such as India's National Biogas and Manure Management Programme, are expected to boost domestic biogas usage. In Europe, the biogas market is set to benefit from substantial investments and alignment with green policies, with Germany spearheading infrastructure developments. The market remains fragmented, with key players like Engie SA, Air Liquide SA, and Ameresco Inc. actively participating in the sector's growth.
Biogas Plant Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Biogas Plant Installed Capacity and Forecast in MW, till 2027
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1.3 Number of Biogas Projects, by Key Countries
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1.4 Detailed List of Key Existing and Upcoming Biogas Plants
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1.5 Recent Trends and Developments
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1.6 Government Policies and Regulations
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1.7 Market Dynamics
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1.7.1 Drivers
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1.7.2 Restraints
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1.8 Supply Chain Analysis
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1.9 Porter's Five Forces Analysis
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1.9.1 Bargaining Power of Suppliers
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1.9.2 Bargaining Power of Consumers
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1.9.3 Threat of New Entrants
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1.9.4 Threat of Substitute Products and Services
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1.9.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Application
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2.1.1 Electricity Generation
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2.1.2 Biofuel
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2.1.3 Heat Generation
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2.2 Biogas Plant Type
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2.2.1 Small-scale Digesters
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2.2.2 Medium- to Large-scale Digesters
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2.3 Geography
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2.3.1 North America
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2.3.2 Asia-Pacific
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2.3.3 Europe
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2.3.4 South America
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2.3.5 Middle-East and Africa
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Biogas Plant Market Size FAQs
What is the current Biogas Plant Market size?
The Biogas Plant Market is projected to register a CAGR of 3.15% during the forecast period (2024-2029)
Who are the key players in Biogas Plant Market?
Engie SA, Ameresco Inc., Gasum Oy, Air Liquide SA and EnviTec Biogas AG are the major companies operating in the Biogas Plant Market.
