Global Biomethane Market

Report ID : 1250 | Published : 2022-06-10 | Pages: | Format: PDF/EXCEL

The Global Biomethane Market is estimated to reach over USD 3.78 billion by 2030, exhibiting a CAGR of 7.6% during the forecast period. 

Biomethane is a natural sources gas generated by the purification or enhancement of biogas. Increasing environmental concerns are one of the key factors driving the growth of the biomethane market. In addition, considerable industrial expansion in emerging nations is anticipated to raise the need for biomethane for power generation, driving the market's revenue growth throughout the forecast period. Growing urbanization, rising private investment in biomethane production, favourable government policies for biomethane production in several countries, and a rising preference for clean and green fuel are expected to drive revenue growth in the global biomethane market during the forecast period. To reduce carbon emissions energy, the government is supporting a sustainable environment and energy-efficient lifestyle, which is expected to boost demand for biomethane because it emits less carbon dioxide when burnt. The automotive sector is expected to benefit from the introduction of new market players and substantial untapped potential. Biomethane synthesis and transit from one area to another require extraordinary caution. This major factor is projected to restrict the global biomethane market's revenue growth throughout the forecast period.

Market Segmentation:

The Biomethane market is segmented based on production, Feedstock, and application. Based on production, the market is segmented as Gasification, Fermentation, Anaerobic Digestion, and other products. By application, the market is segmented into Applications: Automotive, Power Generation, and Others; Based on Feedstock, market is segmented into Agricultural Waste, Sewage Sludge, Organic Household Waste Derived, Animal Manure, Industrial Food Processing Waste, Energy Crops, and Municipal Waste. 

Based on Feedstock, the agricultural waste segment is accounted as a major contributor to the Biomethane market.

The Agricultural waste category is expected to hold a significant share in the global Biomethane market in 2021. Waste heat, a renewable fuel source, is produced by agricultural plants using organic compounds present on farms. These plants are designed to consume energy crops that have been particularly cultivated for the consumption of agricultural byproducts.  Mixed agriculture is used by APAC farmers, who have both plantation and livestock land.

Additionally, the genetic makeup of cattle varies considerably by area. Different cultures and religions have led to a diversity of livestock pairings in some regions.

Automotive segment witnessed growth at a rapid rate

The Automotive segment is expected to register at a rapid rate in the global Biomethane market. Surging use of biomethane as a transportation fuel in the automotive sector due to the growing need to minimize greenhouse gas emissions is expected to boost this segment's growth in the projection future. The automotive sector is likely to gain from the implementation of novel market players as well as substantial untapped potential in developing countries., especially in countries such as the US, Germany, UK, China, and India.

In the region, the North America Biomethane market holds significant revenue share.

The North America Biomethane market is expected to register the highest market share in terms of revenue soon. Growing environmental awareness, technological advancements, and increased demand for biogas for power generation applications are some of the primary drivers driving regional market expansion. Growth and development in sectors, as well as rising urbanization, are also factors responsible for the region's significant market share. Increased investments in biogas technology, as well as increased support from regional governments, are expected to contribute to the growth of the biomethane market. Also, the cost of the increased use of renewables in these regions' energy mix, the biomethane market in the Asia Pacific and Latin America is expected to grow rapidly.

Competitive Landscape

The key players in the Biomethane market have shifted their focus to bio-based components for product manufacturing and are initiating influential strategies, such as mergers, acquisitions, and joint ventures of major and domestic players, to enhance their product portfolio and expand their global market presence. Some of the major key players in the Biomethane market are Biogas Products Ltd., CNG Services Ltd., Cryon Purr, Envi Tec Biogas AG, ETW Energietechnik GmbH, Future Biogas Ltd., Gasline,  Gasrec Ltd, Gazasia Ltd., Green Gas Certification, JV Energe, Magne Gas,  MemfoACT, Nordsol, ORBITA,  Planet Biogas Global Gm, Schmack Carbotech GmbH, Southern California Gas Compa, VERBIO.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Biomethane market Snapshot

Chapter 4. Global Biomethane market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: By Production, Estimates & Trend Analysis

5.1. By Production, & Market Share, 2020 & 2030

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Production:

5.2.1. Gasification

5.2.2. Fermentation

5.2.3. Anaerobic Digestion

Chapter 6. Market Segmentation 2: By Feedstock Estimates & Trend Analysis

6.1. By Feedstock & Market Share, 2020 & 2030

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Feedstock:

6.2.1. Agricultural Waste

6.2.2. Sewage Sludge

6.2.3. Organic Household Waste Derived

6.2.4. Animal Manure

6.2.5. Industrial Food Processing Waste

6.2.6. Energy Crops

6.2.7. Municipal Waste

Chapter 7. Market Segmentation 3: By Application Estimates & Trend Analysis

7.1. By Application & Market Share, 2020& 2030

7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Application:

7.2.1. Automotive

7.2.2. Power Generation

7.2.3. Heat generation

7.2.4. Alternative Fuel

7.2.5. Water Heating

7.2.6. Space Heating

7.2.7. Bio-fuel

Chapter 8. Biomethane market Segmentation 5: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America Biomethane market revenue (US$ Million) estimates and forecasts By Production, 2019-2030

8.1.2. North America Biomethane market revenue (US$ Million) estimates and forecasts By Feedstock, 2019-2030

8.1.3. North America Biomethane market revenue (US$ Million) estimates and forecasts By Application, 2019-2030

8.1.4. North America Biomethane market revenue (US$ Million) estimates and forecasts by country, 2019-2030

8.2. Europe

8.2.1. Europe Biomethane market revenue (US$ Million) By Production, 2019-2030

8.2.2. Europe Biomethane market revenue (US$ Million) By Feedstock, 2019-2030

8.2.3. Europe Biomethane market revenue (US$ Million) By Application, 2019-2030

8.2.4. Europe Biomethane market revenue (US$ Million) by country, 2019-2030

8.3. Asia Pacific

8.3.1. Asia Pacific Biomethane market revenue (US$ Million) By Production, 2019-2030

8.3.2. Asia Pacific Biomethane market revenue (US$ Million) By Feedstock, 2019-2030

8.3.3. Asia Pacific Biomethane market revenue (US$ Million) By Application, 2019-2030

8.3.4. Asia Pacific Biomethane market revenue (US$ Million) by country, 2019-2030

8.4. Latin America

8.4.1. Latin America Biomethane market revenue (US$ Million) By Production, (US$ Million) 2019-2030

8.4.2. Latin America Biomethane market revenue (US$ Million) By Feedstock, (US$ Million) 2019-2030

8.4.3. Latin America Biomethane market revenue (US$ Million) By Application, (US$ Million) 2019-2030

8.4.4. Latin America Biomethane market revenue (US$ Million) by country, 2019-2030

8.5. Middle East & Africa

8.5.1. Middle East & Africa Biomethane market revenue (US$ Million) By Production, (US$ Million) 2019-2030

8.5.2. Middle East & Africa Biomethane market revenue (US$ Million) By Feedstock, (US$ Million) 2019-2030

8.5.3. Middle East & Africa Biomethane market revenue (US$ Million) By Application, (US$ Million) 2019-2030

8.5.4. Middle East & Africa Biomethane market revenue (US$ Million) by country, 2019-2030

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles

9.2.1. Biogas Products Ltd.

9.2.2. CNG Services Ltd.

9.2.3. Cryo Pur

9.2.4. EnviTec Biogas AG

9.2.5. ETW Energietechnik GmbH

9.2.6. Future Biogas Ltd.

9.2.7. Gasliner

9.2.8. Gasrec Ltd.

9.2.9. Gazasia Ltd.

9.2.10. Green Gas Certification

9.2.11. JV Energen

9.2.12. Magne Gas

9.2.13. MemfoACT

9.2.14. Nordsol

9.2.15. ORBITAL

9.2.16. Planet Biogas Global GmbH

9.2.17. Schmack Carbotech GmbH

9.2.18. SGN

9.2.19. Southern California Gas Company

9.2.20. VERBIO

9.2.21. Other Prominent Players

Segmentation of Biomethane Market-

By Product-

  • By Production:
  • Gasification
  • Fermentation
  • Anaerobic Digestion

By Feedstock

  • Agricultural Waste
  • Sewage Sludge
  • Organic Household Waste Derived
  • Animal Manure
  • Industrial Food Processing Waste
  • Energy Crops
  • Municipal Waste

By Application

  • Automotive
  • Power Generation
  • Heat generation
  • Alternative Fuel
  • Water Heating
  • Space Heating
  • Bio-fuel"

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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