Biomethane Market Thrives, Anticipates 6.5% CAGR Growth by 2030

Market Overview: Biomethane Market

MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on Biomethane Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Biomethane Market Insights 2024-30

The Biomethane Market is estimated to grow at a CAGR of around 6.5% during the forecast period 2024-30.

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Driving Innovation: Exploring the Biomethane Market and its Key Drivers

Global Biomethane Market Driver: Growth of Renewable Energy Demand to Promote Biomethane Market

The consumption of renewable energies has seen an incredible increase in recent years due to the worldwide awakening for clean & more efficient energy sources, therefore supporting the demand for biomethane gas globally. This demand is further supported by rising awareness about climate change, environmental degradation & the limited natural resource of coal. According to the International Energy Agency (IEA), the capacity for renewable energy is predicted to grow by more than 8% in 2022, totaling over 320 GW. Hence, this growth in renewable energy capacity is expected to drive the Biomethane Market growth.

Moreover, the increasing demand for renewable energy extends to residential & commercial heating & cooling applications. Further, technologies like solar thermal systems and geothermal heat pumps are employed for utilizing renewable energy in these applications, further fostering its consumption.

Top Players in the Biomethane Market:

Air Liquide, Gasum, Nature Energy, ETW Energietechnik GmbH, Archea Energy, EnviTec Biogas AG, TotalEnergies, Future Biogas, Kinder Morgan, Engie, and Others

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Segmentation Analysis of Biomethane Market

Biomethane Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

By Feedstock

-Organic Household Waste

-Animal Manure

-Agricultural Waste

-Sewage Sludge

-Organic Industrial Waste

-Energy Crops

By Production Process

-Anaerobic digestion

-Biomass Gasification

-Pyrolysis

By Application

-Electricity Generation

-Heat Generation

-Vehicle Fuel

-Others (Gas Grid, Combine Heat & Power (CHP Engines), etc.)

• Electricity Generation is foreseen to capture the major share of the Biomethane Market during the projected years.

By End User

-Industrial

-Commercial

-Residential

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A Comprehensive Geographical Analysis:

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

• Asia-Pacific is home to a diverse set of economies & energy demands. The region is experiencing a significant surge in the adoption of biomethane as a renewable energy source owing to factors such as increasing awareness for environmental safety, stable energy supply, organic agriculture practices, etc.

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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.

About Us 

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others. 

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. 

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