Biogas Market Share by Manufacturers 2030

Biogas Market Growth & Trends

The global biogas market size is expected to reach USD 87.85 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3% from 2022 to 2030. Electricity was the dominant application segment in 2021 with a revenue share of 29.85%. Shifting focus toward the use of renewable sources of energy, mainly in the electricity sector, has considerably boosted the demand for biogas in electricity applications. In addition, the growing need to reduce dependency on fossil fuels is forming lucrative prospects for biogas in applications such as vehicle fuel.

U.S. biogas market size, by application, 2020 - 2030 (Revenue, USD Billion)

Biogas Market Segmentation

Grand View Research has segmented the global biogas market based on source, application, and region:

Based on the Source Insights, the market is segmented into Municipal, Industrial and Agricultural.

  • The municipal source segment led the market and accounted for 41.55% revenue share in 2021. The growing usage of Municipal Solid Waste (MSW) in the production of biogas to reduce landfills and the Greenhouse Gas (GHG) emissions is expected to support the demand in the market over the forecast period.
  • The industrial segment is expected to witness significant growth over the estimated period. The growing interest in finding effective means to obtain bio-products and biofuel from industrial food waste coupled with an increasing need for wastewater treatment in the industrial sector is expected to fuel the demand for biogas over the forecast period.

Based on the Application Insights, the market is segmented into Vehicle Fuel, Electricity, Heat, Upgraded Biogas, Cooking Gas.

  • The electricity application segment led the market and accounted for about 30% revenue share in 2020. The growing attention to the use of renewable energy, particularly in the electric power sector, has significantly increased the use of biogas for electricity generation.
  • Upgrade biogas application is expected to grow significantly over the forecast period owing to the rising demand for biofuel in various end-use industries including automotive is expected to fuel the market demand. Upgrade biogas is produced by converting biogas into biomethane by removing hydrogen sulfide, carbon dioxide, water, and contaminants from the biogas.

Biogas Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Key Companies Profile & Market Share Insights

The global market is highly competitive due to the presence of major companies across the regions. Key biogas solutions & service providers operating in the global market.

Some of the prominent players operating in the global biogas market include,

  • Agrinz Technologies GmbH
  • Air Liquide
  • DMT International
  • Gasum Oy
  • HomeBiogas Inc
  • PlanET Biogas
  • Scandinavian Biogas Fuels International AB
  • Schmack Biogas Service
  • Total
  • Xebec Adsorption Inc

Order a free sample PDF of the Biogas Market Intelligence Study, published by Grand View Research.

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