PUBLISHER: QYResearch | PRODUCT CODE: 1094937
PUBLISHER: QYResearch | PRODUCT CODE: 1094937
As the global economy mends, the 2021 growth of Biogas upgrading will have significant change from previous year. According to our (QYR) latest study, the global Biogas upgrading market size is USD 274.36 million in 2021 from USD 235.14 million in 2020, with a change of 16.68% between 2020 and 2021. The global Biogas upgrading market size will reach USD 1153.66 million in 2028, growing at a CAGR of 21.51% over the analysis period.
The Europe Biogas upgrading market is expected at value of US$ 189 million in 2021 and grow at approximately 20.72% CAGR during review period. As for the North America Biogas upgrading landscape, Europe is projected to reach US$ 223.29 million by 2028 trailing a CAGR of 23.32% over the forecast period. In APAC, the growth rates of other notable markets (China and Japan) are projected to be at 22.91% and 28.35% respectively for the next 6-year period.
The biogas upgrading is classified into Membrane Separation, Water Scrubber, Chemical Scrubber, PSA and others according to the product type. As of 2021, Membrane Separation Biogas upgrading segment dominates the market contributing more than 46.23% of the total market share, reach to US$ 126.83 million, followed by Water Scrubber, which occupied 16.14%.
The biogas upgrading market is relatively concentrated; key players include Greenlane Renewables, Xebec, Malmberg Water, EnviTec Biogas, Carbotech Gas, DMT Environmental Technology, ETW Energietechnik, Pentair Haffmans, Bright Bio-methane, Air Liquide, Hitachi Zosen Inova, Sysadvance, Greenmac, Mahler AGS, NeoZeo AB and others; Greenlane Renewables is the largest players, with revenue US$ 38.78 million in 2021, holds 14.13% market share global. The top five key players account for 37.60% of the market.
The global Biogas Upgrading market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Biogas Upgrading market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.