Global Biogas Plant Market to Reach 40.8 GW by 2033, Augmented by Favorable Government Initiatives

November 04, 2024 | Energy & Mining

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According to the latest report by IMARC Group, titled “Biogas Plant Market Report by Biogas Plant Type (Small-Scale Digesters, Medium-To-Large-Scale Digesters), Feedstock (Agricultural Waste, Industrial Waste, Sewage Sludge, and Others), Digestor Type (Wet Anaerobic Digestion, Dry Anaerobic Digestion), Application (Electricity Generation, Biofuel Generation, Heat Generation), and Region 2025-2033,” the global biogas plant market size reached 23.3 GW in 2024. A biogas plant, also known as an anaerobic digestion (AD) facility, is an advanced renewable energy system that utilizes the power of organic waste to produce biogas. It comprises a digester or fermentation tank, reception area, and gas holder to convert waste into sustainable energy and fertilizers. It assists in offering an eco-friendly and sustainable solution for waste management, energy production, and reduction of greenhouse gas (GHG) emissions. As a result, a biogas plant finds applications in electricity generation, heating, and cooking across the globe.

Global Biogas Plant Market Trends:

At present, the rising adoption of clearer energy alternatives among individuals worldwide represents one of the major factors contributing to the growth of the market. Additionally, the increasing focus on the utilization of sustainable and renewable energy sources is strengthening the growth of the market. Apart from this, the growing adoption of biogas plants due to the rising need to reduce dependence on fossil fuels is positively influencing the market. Moreover, the increasing utilization of biogas in the agriculture sector to produce nutrient-rich digestate for fertilization is bolstering the growth of the market. Besides this, governing agencies of various countries are encouraging the adoption of renewable energy sources by implementing stringent rules and regulations and offering subsidies and tax incentives, which is supporting the growth of the market. Looking forward, the market volume is projected to reach 40.8 GW by 2033, expanding at a CAGR of 5.8% during 2025-2033.

Market Summary:

Based on the biogas plant type, the medium-to-large-scale digesters exhibit a clear dominance in the market, followed by small-scale digesters.
On the basis of the feedstock, the market has been classified into agricultural waste, industrial waste, sewage sludge, and others. At present, agricultural waste holds the largest market share.
Based on the digester type, wet anaerobic digestion represents the biggest market share, followed by dry anaerobic digestion.
On the basis of the application, the market has been segregated into electricity generation, biofuel generation, and heat generation. Electricity generation currently dominates the market, accounting for the largest share.
Region-wise, the market has been segmented into North America (United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, Europe enjoys the leading position in the market.
The competitive landscape of the market has also been examined, with some of the key players being AB Holding S.p.a., Agraferm GmbH, Air Liquide S.A., Ameresco Inc., BTS Biogas Srl/GmbH (Bioenergy Devco), Engie SA, EnviTec Biogas AG, Finn Biogas, IES BIOGAS S.r.l. (Snam SPA), NASKEO environnement, PlanET Biogas Group GmbH, Scandinavian Biogas Fuels International AB, and Wärtsilä Oyj Abp.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD, GW
Segment Coverage	Biogas Plant Type, Feedstock, Digestor Type, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AB Holding S.p.a., Agraferm GmbH, Air Liquide S.A., Ameresco Inc., BTS Biogas Srl/GmbH (Bioenergy Devco), Engie SA, EnviTec Biogas AG, Finn Biogas, IES BIOGAS S.r.l. (Snam SPA), NASKEO environnement, PlanET Biogas Group GmbH, Scandinavian Biogas Fuels International AB and Wärtsilä Oyj Abp.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Biogas Plant Market to Reach 40.8 GW by 2033, Augmented by Favorable Government Initiatives

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