Global Biogas Market to Nearly Double in Size to $33 Billion by 2022

June 21, 2012

Although a relatively minor player within the overall bioenergy sector, the market for biogas sits at the confluence of a number of forces, including increasing demand for distributed generation, tightening environmental regulations, and accelerating buildout of infrastructure for natural gas and for vehicles powered by natural gas.  A byproduct of anaerobic digestion (AD), a process in which microorganisms break down organic matter in an oxygen-starved environment, biogas is gaining traction as a versatile energy carrier with significant potential to meet growing demand within the power, heat, fuel, and chemical markets.  According to a new report from Pike Research, this fast-growing market reached $17.3 billion in global revenue in 2011 and will nearly double by 2022, hitting $33.1 billion in that year.

“With the relatively mature German biogas market nearing saturation, many design-build firms and project developers are seeking to export their expertise abroad to tap opportunities across Europe, the Americas, and Asia Pacific,” says senior analyst Mackinnon Lawrence.  “Increasing demand among farmers, municipalities, and industrial processors for waste treatment technologies, on the one hand, and widening opportunities for renewable natural gas in transportation and cogeneration applications on the other, signal steady growth for the biogas industry over the next decade.”

Global installed production capacity is now more than 800 billion cubic feet per year, representing nearly 14.5 gigawatts (GW) of installed distributed and grid-scale renewable generation capacity.  With at least 11 billion cubic feet per year of production capacity expected to come online worldwide by the end of 2012, renewable natural gas (RNG) is a growing segment within the diverse biogas landscape.  While opportunities abound for high-Btu RNG in gas-to-grid injection and vehicle fuel applications, low fossil natural gas prices are expected to restrict market growth in the absence of strong policy incentives.

Pike Research’s report, “Renewable Biogas”, analyzes the global market opportunity for biogas capture across four key industrial segments: municipal solid waste (MSW), agriculture, industrial, and sewage treatment.  The report provides a comprehensive assessment of the demand drivers, business models, policy factors, and technology issues associated with the rapidly-developing market for biogas production and utilization.  Key industry players are profiled in depth and worldwide revenue and capacity forecasts for raw biogas and RNG production, segmented by region and industrial segment, extend through 2022.  An Executive Summary of the report is available for free download on the firm’s website.

Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets.  The company’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Smart Grid, Smart Transportation, Smart Industry, and Smart Buildings sectors.  For more information, visit www.navigantresearch.com or call +1.303.997.7609.

Contact: Richard Martin

+1 303 997 7609

press@navigantresearch.com

Register to Receive Updates

Sign up or login to receive free newsletters, research updates, access to webinars, and other analyst content from Navigant Research.

Research News

Rss
The Submarine Electricity Transmission Market Is Expected to Reach $25 Billion in 2024
Due to pressing interconnection needs, Europe currently represents the largest market for this solution, report finds • A new report from Navigant Research analyzes the global market for submarine electricity transmission…
Read More »
Annual Direct Current Distribution Network Implementation Revenue Expected to Reach $5.1 Billion in 2024
In terms of regional market share, Asia Pacific is expected to lead throughout the forecast period, report finds • A new report from Navigant Research examines the opportunity for direct current (DC) distribution…
Read More »
2015 Wind Power Capacity Installations Are Expected To Grow by 8.9%
With strong onshore and offshore turbine sales, Vestas remained the No. 1 supplier in 2014, report finds • A recent report from Navigant Research covers developments in the wind energy sector during…
Read More »
The Market for Smart Urban Mobility Infrastructure and Services Is Expected to Exceed $25 Billion in 2024
New forms of smart mobility are helping cities address congestion and reduce emissions, report finds …
Read More »
View All News

{"userID":"","pageName":"Global Biogas Market to Nearly Double in Size to $33 Billion by 2022","path":"\/newsroom\/global-biogas-market-to-nearly-double-in-size-to-33-billion-by-2022","date":"7\/3\/2015"}