Global Biomethane Market Size Forecast to Reach USD 59.91 Bn by 2030, Starting from USD 10.3 Bn in 2023 with Leading Producers EnviTec Biogas and Future Biogas
Global Biomethane Market Poised for Explosive Growth, Reaching Nearly USD 60 Billion by 2030 (#RenewableEnergy, #Biogas, #SustainableFuels)
The global biomethane market is on a trajectory for remarkable expansion, with a projected market size of nearly USD 59.91 billion by 2030. This translates to a staggering compound annual growth rate (CAGR) of 28.6% throughout the forecast period, according to a comprehensive market research report by Maximize Market Research.
Market Overview
Driven by rising environmental concerns and the need for sustainable energy solutions, biomethane is gaining significant traction. Biomethane, a clean-burning gas derived from organic waste, offers a promising alternative to traditional fossil fuels for transportation, power generation, and industrial applications.
Market Scope
Maximize Market Research's report delves deep into the global biomethane market, providing a detailed analysis of market segmentation, competitive landscape, regional trends, and future growth projections. This valuable resource empowers businesses in the sector to make informed strategic decisions and capitalize on the market's potential.
Segmentation
The market is segmented by feedstock (energy crops, agricultural residues, municipal waste), production process (anaerobic digestion, thermal gasification), application (transportation, power generation, industrial), and end-user (industrial, commercial, residential).
Major Manufacturers
- Air Liquide (France)
- Engie (France)
- Nature Energy Biogass A/S (Denmark)
- Terega Solutions (France)
- Waga Energy (France)
- Total Energy (France)
- Archea Energy (Texas)
- Envitec Biogas AG (Germany)
- Future Biogas Ltd. (US)
- Gaz Métro (Énergir) (Canada)
- Greenlane Renewables (Canada)
- VERBIO (Germany)
- Landwärme GmbH (Germany)
- And Other Key Players
Regional Analysis
The report provides a comprehensive analysis of the market across North America, South America, Asia Pacific, Europe, and the Rest of the World. Europe is currently the dominant market, but Asia Pacific is expected to witness the fastest growth rate during the forecast period, driven by government initiatives and growing waste management concerns.
COVID-19 Impact Analysis
The COVID-19 pandemic has had a mixed impact on the biomethane market. While supply chain disruptions were observed initially, the growing focus on environmental sustainability and energy independence in the post-pandemic era is expected to propel market growth in the long term.
Key Questions Answered
- What is the anticipated CAGR of the biomethane market?
- Which feedstock segment is expected to lead the market growth?
- Who are the prominent players in the biomethane market?
- What is the projected market size by 2030?
- How will regional dynamics impact the market landscape?
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
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