GMI

Organic biogas market size is forecast to exceed USD 32 billion by 2023

News   •   Oct 06, 2016 01:27 EDT

In terms of volume, organic biogas market demand was more than 25 kilo tons in 2015 and is likely to surpass 40 kilo tons by 2023, increasing at 6.2% over the forecast period.

Europe organic biogas market size was the dominant region and registered over 7,500 MW capacity installed in 2015. Germany, Italy and Switzerland were the key contributors. Increasing environmental concern coupled with stringent government regulations pertaining to air pollution and waste management was among the key factors to drive regional growth.

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Growth in industrialization accompanied by increasing renewable energy usage trend in India and China are expected to drive Asia Pacific organic biogas market over the forecast period.

U.S. organic biogas market size is expected to witness significant growth owing to strict regulations related to greenhouse gas emissions.

Biogas is a combination of different gas mixtures which is produced from organic waste in the absence of oxygen. It is prepared from biodiesel and ethanol by-products and anaerobic digestion of organic residues and energy crops. The decomposing process creates methane which can be transformed into electricity or stored and transported and it can also be burnt directly as a gas. This resource can also be upgraded to a similar quality of natural gas in order to input into natural gas grids.

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Resource types consist of agri-food industries waste, green waste, wastewater treatment plants sludge, grease, manure & liquid manure, cultures and by-products. Agri-food industries waste and grease are expected to witness high demand owing to the presence of methane. During biogas ignition, methane is turned into water and carbon dioxide, which helps reduce the adverse effect on the environment.

Technologies employed include landfill and anaerobic digester. In landfills, waste is buried under land in order to protect the environment from toxic gases and chemicals. Anaerobic digester is an air tight tank, which transform microorganisms into biogas mainly carbon and methane.

Major applications are segmented into heat & electricity and vehicle fuels. Heat & electricity was the largest segment in 2015 owing to growth in green technology trend and increase in resource depletion. Increasing demand by municipalities, farmers, and industrial process are expected to boost growth in next six years. Growth in the automotive industry and attempt to reduce dependency on conventional resources are anticipated to foster vehicle fuels segment. Malaysia, Thailand, India, China, Sweden, and Germany are countries promoting biogas in vehicles.