As per this study the Global Biomethane Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Biomethane is also known as renewable or sustainable natural gas is naturally occurring gas produce from anaerobic digestion of dead and decaying organic matter. The biomethane gas is upgraded form of biogas as it forms by removal of hydrogen sulphide, CO2 and moisture from biogas with more quantity of methane. It is mostly used in automotive sector and power generation.
The rising demand for biomethane owing to eco friendly and highly efficient fuel is driving its growth. Rising usage of biomethane for power generation to cater the demand for electricity worldwide is also fueling the market growth. Rising sales of automotive vehicles is further generating higher demand for biomethane as automotive fuel. In addition, favorable support for biomethane production from developed region is also boosting the market growth. However, high initial and operating cost may hamper the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of biomethane.
The broad biomethane market has been sub-grouped into feedstocks, production method and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Feed Stocks
By Production Method
- Organic Household Waste
- Animal Manure
- Energy Crops
- Agricultural Waste
- Sewage Sludge
- Industrial Food Processing Waste
- Power Generation
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for biomethane in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Biomethane Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the biomethane market include Biogas Products Ltd., CNG Services Ltd., EnviTec Biogas AG, ETW Enerietechnik GmbH, Future Biogas Ltd., Gasrec, Gazasia Ltd., JV Energen, Magne Gas, ORBITAL, Planet Biogas Global GmbH, Schmack Carbotech GmbH, SGN, SoCalGas and VERBIO among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.