Global Biogas Market: Top 3 Applications | Forecast 2022-2030

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Global Biogas Market Top 3 Applications
Forecast 2022-2030
Biogas is a gas mixture produced by
breaking down organic matter without oxygen.
Processes such as anaerobic digestion and
landfill are used to generate biogas. Primarily
containing methane and carbon dioxide, biogas has
several advantages over fossil fuels
in applications like CHP plants, commercial use,
domestic stoves, and transportation. Inkwood
Research predicts that the global biogas
market is expected to surge with a
4.42 CAGR during the forecast years 2022-2030.
Factors such as supportive government
policies and regulations and the need to
reduce emissions will likely aid the overall
market growth over the forecast period. Moreover,
several countries have recently witnessed
increasing investments in the biogas
industry. For instance, in May 2022,
the Government of Canada and the
Government of
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Quebec announced joint funding of CAD 100
million for the expansion of the bio
mechanization facilities owned by the Société
déconomie mixte de lest de la Couronne
sud (SEMECS) in Montérégie. The expansion
includes installing a new organic material
receiving area with a pit, adding three new
digesters, installing an Énergir gas transfer
platform and expanding the capacity to 120,000
tons per year.
Top Applications of Biogas across Market
Verticals Our analysis suggests that the
global biogas market can be divided into
three major applications biofuel production,
electricity generation, and heat generation.

• Biofuel Production
• In the past few decades, the world has been
  highly dependent on fossil fuels, such as coal
• and crude oil, which were the major causes of
  greenhouse gas emissions. In recent years,
• many countries have planned to start phasing
  out coal energy to cleaner energy sources, such
  as natural gas and renewables. In several
  countries, biogas has increasingly been
  upgraded to compressed biomethane (CBG), a
  renewable version of compressed natural gas
  (CNG), for use in cars and buses. As a result,
  global market players are investing significantly
  to establish biofuel manufacturing plants
  globally.
• For instance, in September 2021, Shell PLC
  announced an investment to build an 820,000 tons
  per year biofuels facility at the Shell
  Energy and Chemicals Park Rotterdam, the
  Netherlands. Once built, the facility will be
  among Europes biggest in producing sustainable
  aviation fuel (SAF) and renewable diesel
  from waste. The Rotterdam biofuels facility
  is

expected to start production in 2024.
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• Electricity Generation
• There is a rapid surge in electricity generation
  globally owing to accelerating energy demands
• from urbanization, industrialization, and
  expanding population levels. Burning wood
  and wastes generate steam in biomass power
  plants that may be used to generate heat
  in buildings businesses or to drive a turbine
  to produce electricity. In 2021, global
  electricity generation exceeded 2752.52
  Terawatt-hours (TWh), rising from 21570.7
  TWh in the year 2010.
• Furthermore, as per World Biogas
  Association (WBA), around 10-13 of the
  global
• greenhouse gases (GHG) can be reduced with the
  help of biogas produced from sewage, industrial
  production wastes, food waste, and feedstocks
  from agriculture. The optimization of fuels and
  reduction in GHG is predicted to
  significantly impact electricity generation in
  South America, Asia-Pacific, Africa, and
  other developing regions, which are majorly
  investing in several strategies to boost the role
  of biogas in electricity generation.

• Heat Generation
• One of the simplest use of biogas is for
  thermal (heat) energy. In areas where fuels
  are
• scarce, biogas systems can provide heat
  energy for basic cooking and water heating
  functionalities. Gaslighting systems can also use
  biogas for illumination. The biogas uses a
• heating plant and combined heat and power (CHP)
  to generate heat.
• Furthermore, various countries are investing in
  biogas-based projects due to energy security
  concerns and lowering the dependency on fossil
  fuels. For instance, in May 2022, with a total
  investment of around 16.8 million, Kelag Energie
  Warme announced its plans to build a biomass
  power plant to supply heat in a municipality in
  some parts of Vorarlberg. Hence, with

the increasing demand for heat generation
through clean energy sources coupled with
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supportive government policies and
investment, the biogas market for heat
generation applications is expected to witness
significant growth during the forecast years.
Applicability of Biogas Future Prospects When
biogas is conditioned or upgraded to
pipeline-quality natural gas, it becomes
renewable natural gas (RNG). The future uses of
renewable natural gas are expected to depend on
the development of renewable resource
markets. As a result of high oil prices
and limited renewable fuel options, biogas in
the transportation industry will likely be a key
demand driver. Moreover, biogas is a low-cost
option for zero-carbon transportation fuel.
Therefore, several industries will potentially
consume the majority of renewable biogas
produced. Ultimately, technological advances are
expected to determine the prospects of renewable
natural gas, but its success also depends on a
level playing field in energy policy, determining
the growth of the global biogas market. By
Sukanya Mukherjee FAQs Which regions are
assessed in the global biogas market? Europe,
North America, Asia-Pacific, and Rest of World
are assessed in the global biogas market.
Which key segments are analyzed in the global
biogas market report? Source type and
application segments are analyzed in the global
biogas market report.