Global Biogas Upgrading Equipment Market Report 2024: Size, Drivers, And Top Segments
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The biogas upgrading equipment market size has grown rapidly in recent years. It will grow from $1.86 billion in 2023 to $2.17 billion in 2024 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to increasing demand to reduce co2 emissions, increasing demand for renewable natural gas, rising investments in biogas infrastructure, increasing rural development initiatives, growing public awareness about the benefits of biogas as a renewable energy.
The biogas upgrading equipment market size is expected to see rapid growth in the next few years. It will grow to $3.93 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to growing environmental awareness, rising greenhouse gas emissions, rising demand for cleaner fuel, increasing renewable energy policies, demand for sustainable fuel. Major trends in the forecast period include new product innovation, technological advancements, focus on green energy solutions, integration with waste management systems, and integration with power-to-gas technologies.
The increasing demand for renewable energy sources is expected to propel the growth of the biogas upgrading equipment market going forward. Environmental, economic, technological, and policy factors drive the growing demand for renewable energy sources, signaling a shift towards a more sustainable and resilient energy future. Biogas upgrading equipment plays a critical role in unlocking the potential of biogas as a renewable energy source, offering a sustainable solution for organic waste management, and contributing to the transition towards a more sustainable and resilient energy system.
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What Are The Key Trends That Influence Biogas Upgrading Equipment Market Share Analysis?
Major companies operating in the biogas upgrading equipment market are increasing their focus on developing innovative products, such as VALKYRIE ECO and VALKYRIE ECO FLEX H2S for agricultural biogas and landfill gas (LFG) operations. VALKYRIE ECO is a fixed gas detector that provides continuous monitoring of H2S levels in industrial environments where the presence of this gas can pose a health and safety risk, whereas VALKYRIE ECO FLEX H2S is a portable gas detector that offers flexibility in monitoring H2S levels in different work environments.
Which Market Players Are Driving Growth In The Biogas Upgrading Equipment Market?
Major companies operating in the biogas upgrading equipment market are Veolia Environnement S.A., Air Liquide SA, Atlas Copco AB, Air Products and Chemicals Inc., Wärtsilä Oyj Abp, Schmack Carbotech GmbH, Pentair Plc, Eisenmann Corporation (Eisenmann SE), Plug Power, Hitachi Zosen Inova BioMethan GmbH (HZIB), Clean Energy Fuels Corp., EnviTec Biogas AG, HAASE Energietechnik GmbH (HAASE group), 2G Energy AG, Anaergia Inc., DP CleanTech Group Limited, Greenlane Renewables Inc., DMT Environmental Technology BV, Xebec Adsorption Inc., DVO Inc., Malmberg SE, Carbotech Gas Systems GmbH, Bright Biomethane B.V., Condorchem Envitech S.L., Jog Waste to Energy Private Limited, AAT Abwasser- und Abfalltechnik GmbH, Das Grüne Emissionshaus GmbH, Nacelle Logistics LLC (Avolta Renewable Holdings), NeoZeo AB
How Is The Global Biogas Upgrading Equipment Market Segmented?
1) By Type: Chemical Scrubber; Water Scrubber; Pressure Swing Adsorption (PSA); Membrane
2) By Feedstock: Municipal Solid Waste; Agricultural Residues; Wastewater Sludge; Food Waste; Industrial Organic Waste; Other Feedstocks
3) By End-User: Wastewater Treatment Plants; Landfills; Agricultural Digesters; Industrial Facilities; Commercial And Residential; Other End-Users
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The Biogas Upgrading Equipment Global Market Report 2024 provides an overview of the biogas upgrading equipmentmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The biogas upgrading equipment market forecast analyzes biogas upgrading equipment market size, biogas upgrading equipment market share, leading competitor and their market positions.
The Table Of Content For The Biogas Upgrading Equipment Market Include
1. Biogas Upgrading Equipment Market Executive Summary
2. Biogas Upgrading Equipment Market Segments
3. Biogas Upgrading Equipment Market Size And Template Market Growth Rate
4. Key Biogas Upgrading Equipment Market Trends
5. Major Biogas Upgrading Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The Biogas Upgrading Equipment Market
26. Top Biogas Upgrading Equipment Companies
27. Biogas Upgrading Equipment Market Opportunities And Strategies
28. Biogas Upgrading Equipment Market, Conclusions And Recommendations
29. Appendix
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