Global Biomethane Market, By Feedstock Type (Agricultural Waste, Animal Manure, Organic Household Waste, Energy Crops & Others), By Production Method (Fermentation vs Gasification), By Application (Automotive, Power Generation & Others), By Region, Competitive Opportunities and Forecast, 2017-2027
New York, June 06, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Global Biomethane Market, By Feedstock Type, By Production Method, By Application, By Region, Competition Opportunity, and Forecast, 2017-2027” – https://www.reportlinker.com/p06284171/?utm_source=GNW
The global Biomethane Market is valued at USD 3944.28 Million in 2021 and is projected to grow with a CAGR of 5.80% during the forecast period to reach a market value of USD 5606.64 Million by 2027F. The growth of the market can be attributed to the growth of investments and the development of the sector. Additionally, financial aids for gas distribution facilities and related infrastructure expansion would further boost the growth of the global biomethane market over the next five years. Demand is further increasing from the power generation sector. Growing concerns about the depletion of non-renewable energy and energy sources such as coal, gasoline and petroleum products, etc. are further contributing to the growth of the global biomethane market over the next five years. Growing investments in the eco-friendly alternatives for a greener and sustainable environment are also playing an important role in the growth of the market.
The global biomethane market is segmented by feedstock type, production method, application, regional distribution and competitive landscape. Based on feedstock type, the market is further segmented into agricultural waste, animal manure, organic household waste, energy crops and others. method of production, the market is differentiated between fermentation and gasification.
Based on application, the market is further segmented into automotive, power generation, and others. Based on regional distribution, the market is divided into North American region, European region, South American region, Asia-Pacific region, and Middle East & Africa region.
Fermentation is expected to dominate the production methods segment of the market and hold the largest revenue shares of the market over the next five years. The segmental growth can be attributed to the increased inclination of the production sector towards economical and environmentally friendly methods of producing biomethane.
Growing concerns about environmental degradation and ozone layer depletion causing deadly problems are further responsible for the fermentation process of biomethane production.
EnviTec Biogas AG, CNG Services Ltd., Future Biogas Ltd., VERBIO AG, PlanET Biogas Global GmbH, Gazasia Ltd., The Southern California Gas Company, Biogas Products Ltd., etc. form a partial list of global biomethane market players. market.
Years considered for this report:
Historical years: 2017- 2020
Base year: 2021
Estimated year: 2022E
Forecast Period: 2023F– 2027F
Goal of the study:
• To analyze the historical growth in market size of the global biomethane market from 2017 to 2021.
• Estimate and forecast the market size of the global biomethane market from 2022E to 2027F and the growth rate till 2027F.
• Classify and forecast the global biomethane market based on feedstock type, production method, application, regional distribution, and competitive landscape.
• Identify the dominant region or segment in the global biomethane market.
• Identify drivers and challenges of the global biomethane market.
• Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global biomethane market.
• Identify and analyze the profile of key players operating in the global biomethane market.
• Identify the key sustainable strategies adopted by market players in the global biomethane market.
The analyst conducted extensive primary and secondary research for this study. Initially, the analyst searched for a list of companies around the world.
Subsequently, the analyst conducted primary research surveys with the identified companies. During the interviews, the respondents were also asked about their competitors.
Using this technique, the analyst could include companies that could not be identified due to the limitations of secondary research. The analyst looked at the companies, distribution channels and presence of all major players across the globe.
The analyst has calculated the market size of the global biomethane market using a bottom-up approach, in which data from various end-user segments has been recorded and forecasted for the coming years. The analyst obtained these values from industry experts and company representatives and validated them externally by analyzing historical data for these products and applications to derive an appropriate overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key target audience:
• Suppliers, distributors and other stakeholders
• Government bodies such as regulators and policy makers
• Organizations, forums and alliances related to biomethane
• Market research and consulting firms
• End user industries
The study is helpful in providing answers to several critical questions that are important for industry stakeholders such as companies, suppliers, partners, end users, etc., besides enabling them to elaborate investment strategies and to capitalize on market opportunities.
In this report, the global biomethane market has been segmented into the following categories, in addition to industry trends which have also been detailed below:
• Biomethane market, by type of raw material:
o Agricultural waste
o Animal manure
o Organic household waste
o Energy crops
• Biomethane market, by production method:
• Biomethane market, by application:
o Energy production
• Biomethane market, by region:
o North America
o South America
o Middle East and Africa
United Arab Emirates
Company Profiles: Detailed analysis of the major companies present in the global biomethane market.
With the market data provided, we offer customizations based on a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of other market players (up to five).
Read the full report: https://www.reportlinker.com/p06284171/?utm_source=GNW
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