Biogas Compression Market Growth, Size, Trends, Demand, Revenue, Share and Future Outlook
Biogas Compression Market Size- By Application, By Feedstock, By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jan-2024 | Report ID: POAE2401 | Pages: 1 - 221 | Formats*: |
| Category : Power & Energy | |||
Biogas Compression Market Introduction and Overview
According to SPER Market Research, the Global Biogas Compression Market is estimated to reach USD 89.21 billion by 2033 with a CAGR of 9.2%.
The report includes an in-depth analysis of the Global Biogas Compression Market, including market size and trends, product mix, applications, and supplier analysis. Anaerobic decomposition of waste or biomass sources, such as cow dung, agricultural residue, sugarcane press mud, municipal solid waste, sewage treatment plant waste, etc., results in the production of bio-gas. After the biogas is cleaned to remove water vapour, carbon dioxide (CO2), and hydrogen sulphide (H2S), it is compressed into compressed biogas, or compressed biogas (CBG), which contains more than 90% methane (CH4). The use of agricultural leftovers, cow dung for the generation of compressed biogas (CBG) can reduce emissions.
- October 2022, plans to build a bioenergy factory in Punjab, India, were revealed by VERBIO Vereinigte BioEnergie AG, a biofuels maker and supplier with headquarters in Germany. 33 tonnes of CBG and 600–650 tonnes of organic manure per day will be produced by the facility.
- September 2022: In North Sumatra, Indonesia, the KIS Group, a supplier of sustainable technology, began building 25 bio-CNG facilities.
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Market Opportunities and Challenges
One of the main development drivers is the worldwide transition towards renewable energy resources, which is being propelled by environmental concerns and climate change. Governments all throughout the globe are promoting renewable energy, including the production and use of biogas, via incentives, legislation, and subsidies. This promotes growth and investment in the biogas industry. Biogas generation from organic wastes such as cow dung, fertilisers, and manures make it a desirable choice for businesses and towns looking for environmentally friendly ways to dispose of their trash. The market is expanding rapidly due to rising public awareness of the need to consume fewer fossil fuels. During the projected time, a rise in investments in the production of sustainable energy is probably going to help the market expand.
The restrictions on travel, employment, industrial processes, logistics, and transportation call for a halt to bioenergy. The lack of components, raw materials, and technical support has also had a detrimental effect on the market share of biogas. Furthermore, the livestock farms' compost is frequently underutilised in these nations, and the farms' main sources of energy are centrally generated gas and electricity. While proper garbage depiction is essential to effective component recovery, in underdeveloped nations, recyclable waste is often mixed with general waste because to a lack of awareness about trash. Due to a lack of ownership and support, modest technical problems might occasionally lead the biogas plant to collapse.
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Market Competitive Landscape
There are several major competitors in the Biogas Compression industry that are vying for a substantial portion of the market. To improve their market position, these businesses actively pursue partnerships, technology developments, product creation, and strategic alliances. The major players in the Global Biogas Compression Market include: Aerzen, Avelair, Bauer Compressors INC, Biokomp Srl, Chicgo Pneumatic, DBS Engineering Services, Gardner Denver, Hindustan Petroleum Corporation Limited, Swamatics, Tetra Tech and others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Application, By Feedstock, By Type |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Aerzen, Avelair, Bauer Compressors INC, Biokomp Srl, Chicgo Pneumatic, DBS Engineering Services, Gardner Denver, Hindustan Petroleum Corporation Limited, Swamatics, Tetra Tech and others. |
COVID-19 Impact on Global Biogas Compression Market
The biogas compression market was affected by the Covid-19 epidemic in a variety of ways. The pandemic also emphasised the significance of sustainable and dependable energy supplies, even while lockdown precautions caused brief delays in the supply chain and project completion. Biogas and associated compression technologies are expected to see faster expansion as nations strive for green recovery and better rebuilding.
Key Target Audience
- Biogas Compressor Manufacturers and distributors
- Biogas Plant operators and technology provider
- Engineering, procurement, and construction (EPC) firms
- Energy Policymakers and regulators
- Environmental Agencies
Our in-depth analysis of the Biogas Compression Market includes the following segments:
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| By Feedstock: |
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| By Type: |
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| By Region: |
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Key Topics Covered in the Report
- Global Biogas Compression Market Size (FY’2023-FY’2033)
- Overview of Global Biogas Compression Market
- Segmentation of Global Biogas Compression Market By Application (Heat Generation, Power Generation, Transportation, Upgraded Biogas)
- Segmentation of Global Biogas Compression Market By Feedstock (Agriculture Residue, Bio-Municipal Waste, Energy Crops)
- Segmentation of Global Biogas Compression Market By Type (Diaphragm, Liquid Ring, Piston, Screw, Vane)
- Statistical Snap of Global Biogas Compression Market
- Expansion Analysis of Global Biogas Compression Market
- Problems and Obstacles in Global Biogas Compression Market
- Competitive Landscape in the Global Biogas Compression Market
- Impact of COVID-19 and Demonetization on Global Biogas Compression Market
- Details on Current Investment in Global Biogas Compression Market
- Competitive Analysis of Global Biogas Compression Market
- Prominent Players in the Global Biogas Compression Market
- SWOT Analysis of Global Biogas Compression Market
- Global Biogas Compression Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Biogas Compression Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Biogas Compression Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Biogas Compression Market
7. Global Biogas Compression Market, By Application (USD Million)
7.1. Global Biogas Compression Market Value Share and Forecast, By Application, 2023-20337.2. Heat Generation7.3. Power Generation7.4. Transportation7.5. Upgraded Biogas
8. Global Biogas Compression Market, By Feedstock (USD Million)
8.1. Global Biogas Compression Market Value Share and Forecast, By Feedstock, 2023-20338.2. Agriculture Residue8.3. Bio-Municipal Waste8.4. Energy Crops
9. Global Biogas Compression Market, By Type (USD Million)
9.1. Global Biogas Compression Market Value Share and Forecast, By Type, 2023-20339.2. Diaphragm9.3. Liquid Ring9.4. Piston9.5. Screw9.6. Vane
10. Global Biogas Compression Market Forecast, 2019-2033 (USD Million)
10.1. Global Biogas Compression Market Size and Market Share
11. Global Biogas Compression Market, By Application 2019-2033 (USD Million)
11.1. Global Biogas Compression Market Size and Market Share By Application (2019-2026)11.2. Global Biogas Compression Market Size and Market Share By Application (2027-2033)
12. Global Biogas Compression Market, By Feedstock, 2019-2033 (USD Million)
12.1. Global Biogas Compression Market Size and Market Share By Feedstock (2019-2026)12.2. Global Biogas Compression Market Size and Market Share By Feedstock (2027-2033)
13. Global Biogas Compression Market, By Type, 2019-2033 (USD Million)
13.1. Global Biogas Compression Market Size and Market Share By Type (2019-2026)13.2. Global Biogas Compression Market Size and Market Share By Type (2027-2033)
14. Global Biogas Compression Market, By Region, 2019-2033 (USD Million)
14.1. Global Biogas Compression Market Size and Market Share By Region (2019-2026)14.2. Global Biogas Compression Market Size and Market Share By Region (2027-2033)14.3. Asia-Pacific
14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain14.4.5. United Kingdom14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada14.6.2. Mexico14.6.3. United States
14.7. Latin America
14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. Aerzen
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. Avelair
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Bauer Compressors INC
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. Biokomp Srl
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. Chicgo Pneumatic
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. DBS Engineering Services
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. Gardner Denver
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. Hindustan Petroleum Corporation Limited
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. Swamatics
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. Tetra Tech
15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Biogas Compression Market is projected to reach USD 89.21 billion by 2033, growing at a CAGR of 9.2% during the forecast period.
Biogas Compression Market grew in market size from 2022. The Market is expected to reach USD 89.21 billion by 2033, at a CAGR of 9.2% during the forecast period.
Biogas Compression Market CAGR of 9.2% during the forecast period.
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Biogas Compression Market size is USD 89.21 billion from 2023 to 2033.
Biogas Compression Market Segment is covered By Application, By Feedstock, By Type.
The North America is anticipated to have the highest market share in the Biogas Compression Market.
The key players in the market include Companies Covered Aerzen, Avelair, Bauer Compressors INC, Biokomp Srl, Chicgo Pneumatic, DBS Engineering Services, Gardner Denver, Hindustan Petroleum Corporation Limited, Swamatics, Tetra Tech and others.
Anaerobic decomposition of waste or biomass sources, such as cow dung, agricultural residue, sugarcane press mud, municipal solid waste, sewage treatment plant waste, etc., results in the production of bio-gas.
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