Market Research Report
Biogas Upgrading: Technologies and Global Markets
|Biogas Upgrading: Technologies and Global Markets|
Published: October 20, 2020
Content info: 186 Pages
Delivery time: 1-2 business days
The global market for biogas upgrading should grow from $808.2 million in 2020 to $2.1 billion by 2025, at a compound annual growth rate (CAGR) of 21.2% for the period of 2020-2025.
The North American market should grow from $8.4 million in 2020 to $221.7 million by 2025 at a CAGR of 23.1% through 2025.
The Asia-Pacific market should grow from $41.2 million in 2020 to $139.4 million by 2025 at a CAGR of 27.6% through 2025.
The emergence of the COVID-19 pandemic has currently halted progress and is impacting economies across the world. Governments worldwide are taking measures to lock down their respective countries, especially affected cities, to contain the spread of the virus. Governments are also taking necessary measures to contain the economic slowdown.
The report considers the impact of COVID-19. In 2020, the growth rate of every industry is being impacted worldwide, which indirectly affects the biogas upgrading market. The market is expected to bounce back in 2021, due to relief packages and disaster aid packages by governments to boost economies.
The scope of this report is the global market for biogas upgrading equipment. Market value and growth is evaluated for six different types of upgrading systems: water scrubbing, pressure swing adsorption, physical absorption, chemical absorption, membrane separation, and cryogenic technology.
The market is broken down by four different feed sources: municipal and domestic sewage, industrial wastewater, landfill gas, and agricultural wastes, a category that includes animal manures and crop residues. Additionally, the market is examined according to end use, injection into the gas grid and transportation fuel.
A discussion of the global market by region includes overviews of North America, Europe, Asia-Pacific, and the Rest of the World, with individual profiles for countries most active in each region. Present market status, biogas upgrading plant installations, and policies and incentives that support the industry are given for each country. All market valuations and projections cover the years from 2019 to 2025.
Market figures are based on the revenues derived from equipment sales and are projected in 2019 constant dollars (i.e., inflation is not computed into the projection figures). The revenue figures are derived from estimated revenues of the key players in a particular year.
A technology overview, a discussion on the structure of the industry and brief profiles for major participating companies are included. The machinery used to transform the gas to electricity (reciprocating and other types of gas engines, turbine and microturbines, and fuel cells) is not included in the analysis.