Biogas Plant Market-Growth, Trends, COVID-19 Impact and Forecast (2021

New York, March 4, 2021 (Global News)-Reportlinker.com announced the release of the report “Biogas Plant Market-Growth, Trends, COVID-19 Impact and Forecast (2021-2026)”-https: // www .reportlinker .com / p06030497 /? utm_source = GNW? With the increase in pollution rate, many countries in the world are focusing on reducing carbon emissions. The use of renewable resources, such as biogas, can help reduce the ever-increasing carbon footprint, thereby reducing the rate at which the world’s average temperature rises. Biogas plants can be used to produce heat, electricity and biofuels. In addition, biogas plants can also help provide food security, protect water bodies, improve air quality, manage waste and increase employment opportunities. The market for biogas plants is mainly driven by people’s increasing attention to alternative fuels, which are a means to achieve stubborn forms of energy and safety. Nevertheless, the biogas plant market may be hampered by high initial investment and installation costs. -With the potential to reduce greenhouse gas emissions by 10-13% from current levels, the biogas plant market is expected to grow significantly during the hostile period. -Among the types of biogas plants, small biogas digesters have been used for centuries and have the most biogas plants in the world. Although the basic production of biogas began 3,000 years ago, the modern application of biogas began in the 17th century. Due to its low installation costs and other advantages, the market segment is expected to have the fastest growth rate compared with medium and large biogas digesters. -As of 2019, due to the huge biogas base, Europe has become the largest biogas producer (more than 20,000 biogas plants), most of which are located in Germany, Italy and other regions. Key market trends Small biogas digesters will become the fastest-growing market-small biogas digesters are biogas digesters with a capacity of less than 250kW. Due to lower investment and infrastructure requirements, their share in the global market continues to grow. Small biogas digesters play a vital role in rural areas in developing countries. Due to the lack of access to modern technology, biogas digesters are most commonly used in stoves for cooking and heating purposes. -Small biogas digesters not only provide green energy, but also reduce dependence on hydrocarbon fuels such as natural gas or liquefied petroleum gas. Small biogas digesters provide food security for the economically backward population. -As of 2019, there are more than 50 million micro biogas digesters in operation around the world, providing food for approximately 126 million people worldwide. China has the largest number of micro-cookers, with 42 million micro-cookers. There are 4.9 million micro-cookers in India. In 2019, China’s biogas production exceeded 13 million cubic meters, and India exceeded 2 million cubic meters. -Although the share of small biogas digesters in 2019 is about 24%, this share is expected to gradually increase during the forecast period. Small biogas digesters usually dominate in Asian countries such as India, Thailand and China. Gradually, the share in European countries and the United States has also increased. According to data from the US Environmental Protection Agency, as of September 2020, there are more than 263 anaerobic digester projects operating on livestock farms in the United States. -With the government’s initiative, the amount of biogas used for household purposes is expected to increase during the forecast period. For example, the Indian government initiated a policy called the “National Biogas and Manure Management Program” (NBMMP), which provides subsidies for the establishment of biogas plants for household use, mainly for rural and semi-urban/household use. During 2017-18, the policy helped to build nearly 4.9 million micro-biogas digesters in India. Europe dominates the market-Europe dominates the biogas plant market with the largest biogas production. As of 2019, the region is the largest biogas producer, with approximately 20,000 biogas plants. -According to the statistics of the European Biogas Association, the area produced 167 TWh or 15.8 billion cubic meters (bcm) of biogas and 26 TWh or 2.5 bcm of biogas. 2019.- According to the European Biogas Association (EBA), by 2050, European biogas production is expected to reach 98 billion cubic meters (bcm), and the current production level will increase by 4,800%. ? -In recent years, Europe has witnessed a significant increase in the installation of biogas plants. According to data from the European Biogas Association, as of 2019, more than 18,202 biogas plants have been installed, with a total installed capacity of approximately 12 GW and approximately 63,511 GWh of power generation in the same year. ? -The plan to increase biogas production is expected to attract investment to build biogas production facilities, which is expected to promote the growth of biogas plants in the near future. The competitive landscape The biogas plant market is fragmented. Some of the major players in the biogas plant market include Engie SA, Air Liquide SA, Scandinavian Biogas, Gasum Oy, A2A SpA, AB Holding SpA, EnviTec Biogas AG, etc. Reasons for purchasing this report:-Market Evaluation (ME) form in Excel format-Analyst support for 3 months Read the full report: https://www.reportlinker.com/p06030497/?utm_source=GNW About ReportlinkerReportLinker is award-winning Market research solutions. 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Post time: Mar-09-2021