The
report defines and segments the biogas market, providing analysis and
forecasts of the global production. According to the report, the
global biogas market stood at 22,488.00 KTOE in 2014 and is likely to
reach 39,845.58 KTOE by 2023, expanding at a CAGR of 6.56% between
2015 and 2023.
Browse
Biogas Market Report with Full TOC at
http://www.transparencymarketresearch.com/biogas-market.html
The
global biogas market has been segmented on the basis of application
into electricity & heat, vehicle fuel, and others. Biogas is a
clean fuel and is gaining a significant market share in the global
renewable energy portfolio. Increasing greenhouse gas (GHG) emissions
has augmented the adoption of clean fuels across the globe. Various
government incentives and subsidies have encouraged several companies
to invest in biogas infrastructure development. Electricity &
heat was the largest application segment of the global biogas market,
accounting for more than 50% of the global share in 2014. Consumption
of biogas for electricity and heat was increased due to rising
adoption of renewable energy sources for power generation across the
globe. However, the global biogas market growth is anticipated to be
hampered by high initial investments and installation costs. In 2014,
others such as domestic use and supply to natural gas pipeline was
the second-largest application segment of the global biogas market.
Consumption of upgraded biogas as a vehicle fuel is increasing due to
strict vehicle emission norms.
The
global market for biogas has been segmented into North America,
Europe, Asia Pacific, and Rest of the World (RoW). Europe accounted
for more than 60% of the global market share in 2014. It was the
largest regional segment in terms of volume in the same year.
However, the biogas market in Asia Pacific is anticipated to grow at
the fastest rate during the forecast period. China, India, and Japan
are among the countries that are investing in the development of
biogas infrastructure and increasing the production and use of biogas
for several applications.
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Some
of the leading companies in the global biogas market include Air
Liquide Advanced Business & Technologies, Wärtsilä Corporation,
Vanzetti Engineering S.r.l., Swedish Biogas International AB,
Cryostar SAS, Gasrec Ltd., Biofrigas Sweden AB, Cryonorm BV,
Scandinavian Biogas Fuels International AB, and EnviTec Biogas AG.
The report provides an overview of these companies, followed by their
financial revenues (on availability), business strategies, and recent
developments.
The
global biogas market has been segmented as follows:
Global
Biogas Market: Application Analysis
- Electricity & Heat
- Vehicle Fuel
- Others
Global
Biogas Market: Regional Analysis
North
America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Rest of Europe
Asia
Pacific
- China
- South Korea
- Rest of Asia Pacific
Rest
of the World (RoW)
- Brazil
- Others
Browse
Press Release Of Biogas Market
http://www.transparencymarketresearch.com/pressrelease/biogas-market.htm
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