19-Sep-2022 | Facts and Factors
According to Facts and Factors, the global biogas plant construction market size was estimated to be worth roughly USD 3.27 billion in 2021 and is predicted to grow to around USD 5.81 billion by 2028; based on primary research. The global biogas plant construction market is predicted to grow at a CAGR of roughly 8.54% during the forecast period.
Biogas is produced by fermenting biomass at a biogas plant. The substrate used to produce this methane-containing gas often comprises waste materials like compost or food waste or energy crops like corn. At the end of the procedure, the substrates' dissolving waste can be used as fertilizer. The substrate is broken down by tiny bacteria under anaerobic (oxygen-free) conditions, which results in the production of biogas. The substrate is dragged into the fermenters to accomplish this. In order to prevent the buildup of sinking layers and surface scum, the substrate is systematically downshifted by agitators after being put in anaerobic conditions.
Browse the full “Biogas Plant Construction Market Size, Share, Growth Analysis Report By Type (Wet Digestion, Dry Digestion), By End Use (Industrial and Agricultural), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/biogas-plant-construction-market
The global biogas plant construction market is expected to be mainly driven by the increasing adoption of renewables. The growing usage of renewable energy sources in various countries' overall power mixes is one of the major forces advancing construction internationally. Reducing greenhouse gas (GHG) emissions and meeting rising energy demands have been the primary objectives of governments around the world. In order to achieve these objectives, it is projected that the installation of renewable energy sources would rise dramatically during the following years, which will ultimately lead to the market's growth. The IEA estimates that a sizeable portion of the biogas generated globally is used for power generation and co-generation.
For instance, in 2019 roughly 65% of the total quantity of biogas produced was used for power and cogeneration, and the remaining 20% was either converted to bio-methane or used for building heating. New energy targets put out by various governments to promote the trend toward sustainable electricity has had a favorable effect on market size. For instance, Brazil plans to obtain 42.5% of its primary energy from renewable sources by the end of 2023. According to a study by Carbon Brief, the U.K. The government aims to use 50% renewable energy sources by 2025.
Further, the expanding utilization of organic waste for energy production will augment market growth. Over the past few years, population growth, migration from rural to urban regions, and increased waste production have all contributed to a jump in energy demand. According to the UN, around 68% of the world's population will reside in urban areas by 2050. Undoubtedly, this will call for increasing waste treatment capacity, which will spur market expansion. A variety of organic materials, including commercial and household food waste, agricultural waste, municipal and industrial sewage, and livestock manures, can be converted into biogas in biogas plants. In the upcoming years, these capabilities are anticipated to serve as growth accelerators for the industry, along with increased waste creation.
The COVID-19 pandemic resulted in numerous travel and employment limitations that decreased the amount of oil and gas consumed by the global energy system by billions of barrels and trillions of cubic meters in 2020. Because of this pandemic, there are enormous issues with bioenergy initiatives all over the world. Project development operations have been significantly hampered by a scarcity of raw materials, components, and technical support, which has led to delays. For instance, as of March 2020, Strabag, a significant rival in the industry and one of the leading infrastructure suppliers, ceased all of its activities. The company's operations and seamless operation have been slowed down by the pandemics, which have forced the postponement or suspension of numerous biomethane and biogas projects. In comparison to other years, the revenue of the number of market companies has decreased. For instance, Strabag's 2020 income has decreased by 4.1%.
The global biogas plant construction market is segmented based on product type, end-user, and region. On the basis of type, the market has been segmented into wet digestion and dry digestion. Due to the financial incentives offered by the government and commercial organizations to owners of biogas plants as well as the advantageous nature of the rules being set up, wet digestion is predicted to expand at the fastest CAGR.
On the basis of end-user, the market has been segmented into industrial and agricultural. Market share for biogas plants made up the majority of agricultural waste. Organic waste material generated in the agriculture sector is included in agricultural waste. The potential for using energy crops, herbaceous plants raised particularly for the purpose of producing bioenergy, is expanding at the same time.
In 2021, Europe held the largest share for global biogas plants construction market as a result of rising investments in bio-related energy. By the end of 2020, there were expected to be more than 19,000 operating biogas plants in Europe, according to the European Biogas Association. Around 11,500 MW of electric capacity had been installed across all of Europe. The biggest users of bio-based energy sources are Germany, the UK, France, Spain, Italy, and Sweden. With more than 9,500 plants, or more than half of all the installations now operating in the European Union, Germany is the region's largest producer.
During the projected period, the Asia Pacific market is anticipated to have the greatest CAGR. The region has untapped potential for biogas. The regional market is anticipated to grow rapidly because to the large supply of organic waste and the increasing need for more environmentally friendly energy sources. Over the past few years, China, India, and Thailand have made significant investments. In order to cut its overall coal use in rural areas by 50 megatons, China wants to manufacture 30 billion cubic meters of biogas from agricultural waste and manure by 2030. To meet this goal, China will need to construct some 4,000 upgrading facilities over the next ten years.
During the projected period, North America is anticipated to have a considerable impact on the global market. More than 2,200 plants are producing biogas in the U.S. As per the American Biogas Council, the country has the potential to add around 13,500 new systems.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 3.27 Billion |
Projected Market Size in 2028 |
USD 5.81 Billion |
CAGR Growth Rate |
8.54% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
BioConstruct, BTS Biogas, EnviTec Biogas AG, HoSt, IES BIOGAS, IG Biogas, PlanET Biogas Global GmbH, SEBIGAS, and others |
Key Segment |
By Type, End Use, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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List of Prominent Players in the Biogas Plant Construction Market:
- BioConstruct
- BTS Biogas
- EnviTec Biogas AG
- HoSt
- IES BIOGAS
- IG Biogas
- PlanET Biogas Global GmbH
- SEBIGAS
- Others
Recent Developments:
In June 2021, EnviTech Biogas AG and LIQVIS GmbH signed a contract for the delivery of bio-LNG. The bio-LNG will be generated at the Gustro biogas facility, and deliveries will begin in the third quarter of 2022. The alternative fuel for the heavy goods vehicle industry will be made available via German LIQVIS filling stations.
In October 2018, Raizen-Geo awarded a contract to Sebigas, an Italian business, to construct a 17.5 MW biogas plant in Brazil. This will be built close to Raizen's Guariba ethanol and sugar factory somewhere in the state of Sao Paulo. Cosan SA Industria e Comercio of Brazil and Royal Dutch Shell Plc have partnered to form Raizen.
The global biogas plant construction market is segmented as follows:
By Type
- Wet Digestion
- Dry Digestion
By End Use
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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