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
Networking and Communications Equipment for Commercial Building Automation Systems Will Reach $34.7 Billion in Annual Revenue by 2021
April 17, 2014Web-based dashboards and IP-enabled devices are key market enablers, report finds • Offering automated, granular, real-time control of every major system within commercial buildings, networked building…
Read More »
Utility Investment in Conservation Voltage Reduction Will Total Nearly $4.5 Billion from 2014 to 2020
April 16, 2014Advanced CVR could save 40 million megawatt-hours annually, report concludes • One of the latent benefits of smart meter technology, or advanced metering infrastructure (AMI),…
Read More »
Annual Sales of Hybrid and Electric Trucks Will Reach Nearly 105,000 by 2020
April 15, 2014Hybrid, plug-in hybrid, and battery electric vehicles will each have specific niches, report finds • Despite government support, such as funding under the United States’ economic stimulus efforts, the…
Read More »
Natural Gas Trucks and Buses on the Road Worldwide Will Reach 3.7 Million by 2022
April 14, 2014Expansion of refueling infrastructure will be a key market driver, report finds • New drilling techniques and pipelines have made natural gas (NG) a significantly more competitive…
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":"4\/19\/2014"}