Market Insights

As per recent research by MarkNtel Advisors, The Global Biomethane Market is valued at around USD 10.5 billion in 2022 & is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30.

Global Biomethane Market Driver:

Growth of Renewable Energy Demand to Promote Biomethane Market – The consumption of renewable energies has seen an incredible increase in recent years due to the worldwide awakening for clean & more efficient energy sources, therefore supporting the demand for biomethane gas globally. This demand is further supported by rising awareness about climate change, environmental degradation & the limited natural resource of coal. According to the International Energy Agency (IEA), the capacity for renewable energy is predicted to grow by more than 8% in 2022, totaling over 320 GW. Hence, this growth in renewable energy capacity is expected to drive the Biomethane Market growth.

Moreover, the increasing demand for renewable energy extends to residential & commercial heating & cooling applications. Further, technologies like solar thermal systems and geothermal heat pumps are employed for utilizing renewable energy in these applications, further fostering its consumption.

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Market Segmentation and Consumer Behavior:

By Feedstock

  • Organic Household Waste- Market Size & Forecast 2019-2030, Thousand Tons
  • Animal Manure- Market Size & Forecast 2019-2030, Thousand Tons
  • Agricultural Waste- Market Size & Forecast 2019-2030, Thousand Tons
  • Sewage Sludge- Market Size & Forecast 2019-2030, Thousand Tons
  • Organic Industrial Waste- Market Size & Forecast 2019-2030, Thousand Tons
  • Energy Crops- Market Size & Forecast 2019-2030, Thousand Tons

By Production Process

  • Anaerobic digestion- Market Size & Forecast 2019-2030, Thousand Tons
  • Biomass Gasification- Market Size & Forecast 2019-2030, Thousand Tons
  • Pyrolysis- Market Size & Forecast 2019-2030, Thousand Tons

By Application

  • Electricity Generation- Market Size & Forecast 2019-2030, Thousand Tons
  • Heat Generation- Market Size & Forecast 2019-2030, Thousand Tons
  • Vehicle Fuel- Market Size & Forecast 2019-2030, Thousand Tons
  • Others (Gas Grid, Combine Heat & Power (CHP Engines), etc.)- Market Size & Forecast 2019-2030, Thousand Tons

By End User

  • Industrial- Market Size & Forecast 2019-2030, Thousand Tons
  • Commercial- Market Size & Forecast 2019-2030, Thousand Tons
  • Residential- Market Size & Forecast 2019-2030, Thousand Tons

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Biomethane Market Geographical Analysis:

By Region:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • The Middle East & Africa

Key Players and Competitive Strategies in the Biomethane Market

Several prominent players dominate the Biomethane Market, including:

  • Air Liquide
  • Gasum
  • Nature Energy
  • ETW Energietechnik GmbH
  • Archea Energy
  • EnviTec Biogas AG
  • TotalEnergies
  • Future Biogas
  • Kinder Morgan
  • Engie
  • Renergon International AG
  • StormFisher
  • Centrica plc
  • VERBIO
  • Waga Energy
  • ON SE
  • BIOKRAFT INTERNATIONAL AB
  • Clean Energy Fuels
  • JV Energen

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Questions Addressed in this Study

1.What factors are driving the Biomethane Market growth?

2.How is the Biomethane Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Biomethane Market?

4.What is the current size of the Biomethane Market, and how is it projected to change in the future?

6.What is the future outlook for the Biomethane Market in terms of technological advancements and market expansion?

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