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Biogas Market Analysis, Development, Growth and Demand Forecast to 2022 by P&S Market Research

 



(EnergyIndustry.Net, April 13, 2016 ) Greenhouse gases and its destructive effect on environment, are contributing to the growth of the biogas market. The depleting oil reserve and uncertainty in crude oil prices is further anticipated to drive the growth of the global market. Across the globe, the governments are giving incentives to encourage biogas production. Owing to these reasons, the companies are venturing in to growing sector of biogas, and setting up new biogas plants. The growth restraining factor for the biogas market includes high capital expenditure, which is required to set up a biogas plant. The companies are involved in mergers and acquisition, technology transfer, in order to sustain their position in the market and strengthen their market share.

Explore More About “Biogas Market” at: https://www.psmarketresearch.com/market-analysis/biogas-market

Biogas is produced by anaerobic digestion with anaerobic organism. In this process, an organic matter is biologically broken down, in the absence of oxygen. Biogas is a mix of approximately 50%-70% methane, and 30%-40% carbon di-oxide. Biogas is produced by decomposing municipal waste, plant materials, food waste and plant materials. Biogas can be used in electricity generation, transportation sector, and other household activities, such as cooking and heating. It can be compressed in the same manner, as natural gas is compressed and used as fuel in vehicle. As the number of vehicles across the globe are increasing, the use of biogas as fuel will also increase, which will boost its demand.

Browse related market research at: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy

The global biogas market will continue to grow with Europe having the major market share during the forecast period. The European countries have set up an association in the field of biogas and bio methane, namely European Biogas Association. European Union has passed stringent legislative framework to curb the carbon emission, which is proving to be the key growth driving factor for the biogas market in the region. The major biogas producing nations in the region include Germany, Italy, France and Switzerland. Other European countries, such as Belgium, Slovakia, Hungary and Czech Republic are also strengthening their capacity of biogas production. In North America, the U.S. dominated the market of biogas. The stringent regulatory framework in the U.S., regarding reducing carbon and greenhouse gas emission from conventional energy generation source, is expected to enhance the biogas sector. The rapid industrialization rate, along with increasing importance for renewable power generation in India and China is expected to drive the growth of the Asia-Pacific market for biogas. So far, the market has received small attention from Africa. Several government initiatives and awareness events by various NGOs has created a positive environment about biogas markets in Africa. The exploitation of biogas is closely examined in Latin America. Brazil dominated the biogas market in the region, followed by Ecuador.

The key players in the biogas market include Scandinavian Biogas Fuels International AB, EnviTech Biogas AG, Air Liquide Advanced Business and Technologies, Greenlane Biogas, Cryostar SAS, Vanzetti Engineering, Himark Biogas, DMT Environmental Technology, MT-Energie GmbH, Acrona Systems and Xebec Adsorption Inc.

Global Biogas Market Segmentation
By Application
• Power Generation
• Households
• Vehicle Fuel
By Geography
• North America
• U.S.
• Canada
• Latin America
• Brazil
• Ecuador
• Europe
• U.K.
• Germany
• France
• Italy
• Austria
• Asia-Pacific
• China
• India
• South Korea
• Thailand

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

P&S Market Research

Abhishek

18887787886

enquiry@psmarketresearch.com

Source: EmailWire.Com

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