Biogas Liquefaction Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025
Rapid growth in the
population, and increasing urbanization and modernization across the
globe is increasing the demand for energy. Currently, major energy
demand is supplied by fossil fuels such as coal, and oil & gas.
Fast depleting fossil fuels, environmental concerns and rising
pollution has led to steady shift to more environment friendly and
renewable fuel sources of clean energy. Biogas is a clean, renewable
and biological source of energy. It is produced when organic material
such as agricultural waste, manure, municipal waste, plant material,
sewage, green waste or food waste are decomposed under anaerobic
conditions. It is also produced under controlled conditions in a
digester chamber.
Biogas primarily
consists of methane, carbon dioxide, hydrogen sulphide, moisture and
siloxanes. It is purified, processed and liquefied to be used as a
fuel. This process is called as liquefaction of biogas. In a biogas
liquefaction plant, purified and upgraded biogas is converted to
liquefied biogas under specific pressure and temperature. Purest kind
of liquid biogas consists of approximately 97% methane. Liquefied
biogas is approximately 600 times more space competent than in
gaseous state; it is much easier to transport liquefied biogas.
Liquefied biogas is produced in two main ways such as cryogenic
technology and conventional upgrading technology. Certain procedures
such as biogas production, pre-treatment, liquefaction, storage and
transport are carried out in a biogas liquefaction plant.
The biogas
liquefaction industry is expected to register significant growth in
the near future. Countries such as Sweden and Netherlands have
started the use of liquefied biogas for running vehicles. Certain
trains and trucks also use liquefied biogas as fuel. Public transport
buses in Sweden and other regions now use liquefied biogas as fuel.
Cargo ships have also started use of liquefied biogas in certain
regions. Production of biogas also leads to proper waste management.
Liquefied biogas burns more cleanly and emits less carbon dioxide,
which helps in controlling the global warming and environmental
pollution. As petrol and diesel are polluting and impermanent fuels,
many vehicles have switched to liquefied biogas. To support this
rising demand for liquefied biogas, many biogas liquefaction plants
and units have been installed worldwide.
The global biogas
liquefaction market can be segmented based on the technology and
geography. The two main technologies for biogas liquefaction are
cryogenic technology and conventional upgrading technology connected
with a small-scale liquefaction plant. Europe and North America are
comparatively mature markets for the biogas liquefaction. The U.S.A,
Sweden, Switzerland, Germany are the major drivers in these regions.
Asia Pacific and the Middle East are in the nascent stage but are
projected to register higher growth rate in the near future. In
recent years, China has made huge investments in biogas plants and
other alternate sources of energy. Australia has built many big and
small sized biogas liquefaction plants in recent years. Rapid shift
to liquefied biogas as primary source for fuel in vehicles would spur
the growth of biogas liquefaction plants.
Efforts from South
Korea, Indonesia, Malaysia, India and South Africa to promote the use
of biogas is expected to enhance growth in these markets. High biogas
demand could directly or indirectly fuel the demand for biogas
liquefaction plants across the globe. As per the recent regulations
in Sweden, the country imports waste to produce biogas, which may
fuel additional growth in the biogas liquefaction market. As many as
11 new biogas liquefaction plants have been built in Sweden. France,
Sweden and U.K have committed to produce liquefied biogas with a goal
to meet 20% of their energy demand through biogas. Comprehensive
shift to renewable energy from fossil fuels may increase biogas
demand. But improper waste management could confine the market
growth. However, recent global shift to renewable and clean energy
along with technological developments in biogas processing and
applications around the globe point towards a positive outlook for
the biogas liquefaction industry.
Some of the key
players in the global biogas liquefaction market include Ameresco,
Inc, APROVIS Energy Systems GmbH,Awite Bioenergie GmbH, BioConstruct
GmbH, Eisenmann SE, Energy & Waste S.L., Enspar GmbH, EnviTec
Biogas AG, ETW Energietechnik GmbH, Groth Corporation, Himark BioGas,
Nova Analytical Systems Inc. and Schmack Biogas GmbH
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Market size
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The regional
analysis covers:
North America (U.S.
and Canada)
Latin America
(Mexico, Brazil, Peru, Chile, and others)
Western Europe
(Germany, U.K., France, Spain, Italy, Nordic countries, Belgium,
Netherlands, and Luxembourg)
Eastern Europe
(Poland and Russia)
Asia Pacific (China,
India, Japan, ASEAN, Australia, and New Zealand)
Middle East and
Africa (GCC, Southern Africa, and North Africa)
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qualitative and quantitative assessment by analyzing data gathered
from industry analysts and market participants across key points in
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attractiveness of each major segment over the forecast period.
Highlights of the
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A complete backdrop
analysis, which includes an assessment of the parent market
Important changes in
market dynamics
Market segmentation
up to the second or third level
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