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Global Biogas Market 2019-2023 | Adoption of Integrated Waste Management System Drives Growth | Technavio

January 30, 2019

LONDON--(BUSINESS WIRE)--Jan 30, 2019--The global biogas market research report by predicts the market to post a CAGR of close to 6% during the period 2019-2023.

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Technavio has released a new market research report on the global biogas market for the period 2019-2023. (Graphic: Business Wire)

The increase in the amount of methane, CO2, and other GHGs in the atmosphere results in extreme climatic conditions such as heavy rainstorms, acid rain, and severe fluctuations in temperatures globally. Fossil fuel combustion to fulfill energy demand is a critical factor that results in the emission of such GHGs. Hence, many governments are taking initiatives to prevent the release of methane into the atmosphere. Biogas energy plants offer the best solutions to reduce methane emissions as they capture methane and use it for energy generation.

As per Technavio, the integrated waste management system will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

This report is available at a USD 1,000 discount for a limited time only:

Global biogas market: Integrated waste management system (IWMS)

The primary objective of IWMS is ensuring sustainable management and addressing the technical and governance aspects of solid waste management. IWMS will help in reducing the amount of waste dumped into landfills or burned in the open and assist in effectively utilizing the waste by capturing the energy produced. Using the waste from one industry as a raw material in another industry will also reduce environmental degradation or pollution due to proper waste management.

“Application of specific technologies to treat waste ensures efficient waste management. IWMS combines the benefits of multiple treatment technologies in one installation, and hence, it is widely adopted across the world. The voluntary adoption and subsequent benefits offered by IWMS will benefit countries by ensuring efficient waste management, thereby driving the global biogas market,” says a senior research analyst at Technavio.

Global biogas market: Segmentation analysis

This biogas market analysis report segments the market by source (agricultural waste, landfill, and others) and geography (the Americas, APAC, and EMEA).

The agricultural waste segment held the largest biogas market share in 2018. The processing of agricultural waste for biogas production helps in generating higher profits, and thereby provides new opportunities for plant operators. Also, the heat and electricity produced by biogas as well as the fertilizers that are a byproduct of this process have a high demand in the market. This will drive the growth of biogas installations in the agricultural segment.

EMEA accounted for the highest share of the market in 2018. The increasing demand for energy and concerns over environmental degradation along with economic development will be some of the critical factors boosting the growth of the biogas market in EMEA.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base includes enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190130005536/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY UTILITIES TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/30/2019 11:26 AM/DISC: 01/30/2019 11:26 AM

http://www.businesswire.com/news/home/20190130005536/en

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