[187 Pages Report] The Biomethane Market size was estimated at USD 3.67 billion in 2023 and expected to reach USD 3.84 billion in 2024, at a CAGR 4.67% to reach USD 5.06 billion by 2030.
Biomethane is produced by fermentation or anaerobic digestion of organic matter such as animal manure, bio-waste, green, and agricultural waste under anaerobic conditions or by gasifying organic material. It is a clean, sustainable, and versatile energy source that helps reduce greenhouse gas emissions, providing a renewable alternative to fossil fuels. Governmental support through subsidies and grants and the growing trend of organic waste management are accelerating biomethane production globally. Increasing focus on energy efficiency and emission reduction is expanding the use of biomethane fuel as a g substitute for diesel and petrol in cars, trucks, and buses. However, high development and operational costs, infrastructural challenges, and technical issues associated with the production and purification processes may adversely impact biomethane production. Moreover, technological advancements in biomethane production are expected to improve production efficiency and quality of biomethane.
Agricultural waste is used as feedstock in the generation of biomethane. It involves the use of farming by-products such as cereal straws and corn stover. Animal manure, predominantly from dairy and poultry farms, represents a significant potential resource for biomethane production. Energy crops such as maize, cassava, and sugar beet are energy-rich and generate high biomethane yields. Industrial food processing waste involves using residues and by-products from food and drink manufacturing to generate biomethane. Organic household waste consisting of food waste and garden residues is a promising source of biomethane feedstock. Sewage sludge is commonly used in many countries to manufacture biomethane due to its waste management and energy yield benefits.
Anaerobic digestion converts organic waste materials into renewable energy sources such as biomethane. This process takes place in a sealed, oxygen-free tank called an anaerobic digester. Anaerobic digestion can process a wide range of organic waste, including manure and food waste, which makes it a preferred choice for businesses that generate a significant amount of bio-waste. Gasification involves heating organic waste at high temperatures in low-oxygen environments, producing a gas mixture consisting of carbon monoxide, carbon dioxide, and hydrogen, which is further upgraded to biomethane. Gasification is advantageous for large-scale operations, utilizing industrial and municipal solid waste. Pyrolysis entails heating organic material at high temperatures without oxygen, thus avoiding combustion. The resultant products include char, bio-oil, and syngas, which are convertible to biomethane. Pyrolysis is highly effective for treating woody biomass, agricultural residues, and non-recyclable waste materials.
Biomethane is increasingly used as an alternative fuel, particularly in transportation. Due to its low carbon emissions and sustainability, it has emerged as a preferred choice for many companies and industries. The implementation of biomethane in Combined Heat and Power (CHP) systems has increased significantly as it allows simultaneous production of electricity and useful heat. Owing to their enhanced efficiency and reduced carbon footprint, biomethane-driven CHPs have gained traction across end-use industries. Biomethane is used for electricity generation, offering a competitive edge over conventional sources. Its sustainable and renewable properties make it an ideal choice, especially for countries seeking energy diversification. The utilization of biomethane in heat generation, especially in district heating networks, offers a renewable and CO2-neutral alternative to fossil fuels.
The commercial segment includes the usage of biomethane in commercial establishments such as malls, offices, and hotels for generating heat and electricity. These establishments prefer biomethane due to its cost-effectiveness, thermic security, and minimal environmental impact. The industrial depends on biomethane due to the crucial role of biomethane in various industrial operations like electric generation, heat production, or as a raw material in chemical industries. Industries with stringent environmental compliance need biomethane due to its low-emission properties. The residential segment comprises households that utilize biomethane for cooking, heating, and generating electricity. Biomethane is preferred for its environmental friendliness, sustainability, and relative safety. The commercial segment is driven by cost-effectiveness and the convenience of integrating biomethane into existing infrastructure. The industrial segment's growth is propelled by a combination of environmental compliance regulations and biomethane's utility in various industrial applications. The residential segment thrives on biomethane's eco-friendly and safety aspects.
The biomethane market is evolving in the Americas owing to investments in renewable energy resources and ongoing research projects that aim to maximize the biomethane yield and automate the production process. Rising awareness about climate change and the need for renewable energy resources are among the critical drivers of biomethane production in the APAC region. EMEA represents significant advancements in the biomethane market due to supportive policies and high demand from end-use sectors in the region. Besides, the inclination towards adopting sustainable fuels and ongoing research to expand the use of biomethane is anticipated to encourage the growth of the biomethane market globally.
The FPNV Positioning Matrix is pivotal in evaluating the Biomethane Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Biomethane Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
CycleØ Launches First Biomethane Plant with Ammonia Stripping in Spain
Cycleo inaugurated its inaugural biomethane plant in Spain, which features an innovative ammonia stripping system. This state-of-the-art facility is designed to convert cattle waste into environmentally friendly green gas, allowing local farmers to reduce their carbon dioxide emissions. The plant utilizes a cutting-edge two-stage process to effectively treat and purify methane gas, which can be seamlessly integrated into the natural gas grid for widespread distribution. [Published On: 2023-09-15]
Brazilian Firms Launch Biomethane Platform
Two Brazilian energy companies, Shell Brasil and Copenor, have launched a biomethane platform to identify production, consumption, and trading opportunities for this renewable energy source. The platform aims to enhance access to biomethane markets by providing valuable data, including information about physical delivery contracts, as well as open positions of both direct users and suppliers. [Published On: 2023-07-05]
BIO2WATT Partners With Climate Fund Managers to Fight Organic Waste Dumping in African Landfills
Climate Fund Managers, through its managed funds Climate Investor has committed USD 38.5 million in construction equity funding to Bio2Watt Energy Holdings for the acquisition of the 4.8-megawatt Bronkhorstspruit Biogas Project in Gauteng, South Africa, and its expansion to 9.8 megawatts. [Published On: 2023-01-25]
The report delves into recent significant developments in the Biomethane Market, highlighting leading vendors and their innovative profiles. These include 2G Energy AG, AB Holdings SpA, Air Liquide S.A., Bio2Watt Energy Holdings (Pty) Ltd, Bioenergy International, Biogas Products Ltd., BIOKRAFT INTERNATIONAL AB, BioWorks Energy LLC, BTS Biogas Srl/GmbH, CNG Services Ltd., ENGIE Group, EnviTec Biogas AG, ETW Energietechnik GmbH, Future Biogas Limited, Greenlane Renewables, HZI Schmack GmbH by Hitachi Zosen Inova AG, IES BIOGAS srl, Orbital Gas Systems, Pentair PLC, PlanET Biogastechnik GmbH, Prodeval, Schmack Biogas Srl, Scotia Gas Networks Limited, Suomen Biovoima Oy, Synthica Energy, LLC, VERBIO AG, and WELTEC BIOPOWER GMBH.
This research report categorizes the Biomethane Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Feedstock
- Agricultural Waste
- Animal Manure
- Energy Crops
- Industrial Food Processing Waste
- Organic Household Waste
- Sewage Sludge
- Production Process
- Anaerobic Digestion
- Gasification
- Pyrolysis
- Application
- Alternative Fuel
- Combine Heat & Power (CHP)
- Electricity Generation
- Heat Generation
- End-use
- Commercial
- Industrial
- Residential
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Biomethane Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Biomethane Market?
- What are the technology trends and regulatory frameworks in the Biomethane Market?
- What is the market share of the leading vendors in the Biomethane Market?
- Which modes and strategic moves are suitable for entering the Biomethane Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Biomethane Market, by Feedstock
- Biomethane Market, by Production Process
- Biomethane Market, by Application
- Biomethane Market, by End-use
- Americas Biomethane Market
- Asia-Pacific Biomethane Market
- Europe, Middle East & Africa Biomethane Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 24]
- List of Tables [Total: 384]
- List of Companies Mentioned [Total: 27]
Technology has revolutionized the production process of biomethane.
Traditionally, biomethane was produced through anaerobic digestion, a process involving the breakdown of organic waste by microorganisms without oxygen. However, with technological advancements, biomethane production has become more efficient and scalable. Using specialized membranes, high-pressure storage tanks, and advanced gas upgrading technologies has improved biomethane quality, purity, and storage.
Technological advancements have made biomethane production cost-effective.
One of the significant challenges of biomethane production was its cost-effectiveness compared to traditional fossil fuels. However, with the advancement of technology, the overall production cost of biomethane has been reduced significantly. Advanced gas upgrading technologies such as pressure swing adsorption and membrane separation have enabled the extraction of high-purity biomethane at a lower cost than before.
Biomethane has the potential to achieve a circular economy.
The production of biomethane from organic waste materials has a significant advantage over other renewable energy resources in terms of its potential to achieve a circular economy. The organic wastes that would otherwise end up in landfills are transformed into a renewable energy source without generating any pollution. This closed-loop system of waste-to-energy has the potential to create a sustainable and circular economy that benefits both the environment and society.
Biomethane can be used as a substitute for traditional fossil fuels.
Another significant advantage of biomethane is its ability to be used as a substitute for traditional fossil fuels. Biomethane can be blended with natural gas and used for heating and electricity generation. It can also be used as a fuel for vehicles, including buses and trucks. Using biomethane as a transportation fuel reduces greenhouse gas emissions and improves air quality in urban areas by reducing the emission of harmful pollutants.
The future of biomethane is bright with continued technological advancements.
The continued technological advancements in the production process of biomethane hold great promise for the future of this renewable energy resource. Developing new technologies, such as microwave plasma gasification and genetically modified microorganisms, can increase biomethane production's efficiency, scalability, and cost-effectiveness. As a result, biomethane can unlock its full potential as a sustainable and circular energy resource.
The scope of biomethane in the era of technological advancements is immense. Advanced gas upgrading technologies have made biomethane production more efficient, cost-effective, and scalable. Biomethane has the potential to achieve a circular economy and can be used as a substitute for traditional fossil fuels. With continued technological advancements, the future of biomethane is bright, and it can become a sustainable, reliable, and economical source of renewable energy.
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