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Waste Derived Biogas Market Share, Size, Key Players, Outlook
and Forecasts to 2024 | Hexa Research
“ waste derived biogas market is expected to witness substantial growth over
the forecast period.”
11 March 2019
Global waste derived biogas market is expected to witness substantial growth over the forecast period on
account of the increasing awareness for environmental safety and surplus use of fuels. Furthermore, the
depletion of fossil fuels has led to the search of ways for the new source of energy. Fossil fuels consumption
is growing at alarming rate owing to the development of technology generating biogas from wastes of sectors
such as agricultural waste, industrial waste, and sewage. The rising carbon footprint and global warming have
led to the awareness amongst the population to switch to other sources of energy and power generating
technologies. Furthermore, the crude oil prices are rising leading to creating awareness amongst consumers
to search for an alternative source of energy, decreasing the effects of global warming on the environment.
Biogas production is a simple anaerobic digestion process where the anaerobic organisms digest all the
organic material in a closed system. Biogas configuration depends on the anaerobic process of digestion. The
digestion process takes the time to produce but is much more environment-friendly. Biogas is a renewable
source of energy and accounts to less carbon footprint than the use of fossil fuels. Biogas is considered to be
as clean fuel owing to which people are switching to biogas production and consumption. Renewable and
sustainable energy generation are expected to be the fastest growing market in the forecast period owing to
the overuse of fossil fuels and increasing awareness towards environmental protection.
The waste-derived biogas market is classified on the basis of application into, municipal electricity
production, on-site electricity production, and transportation fuels. The market is further classified on the
basis of type into, sewage, industrial waste water, agricultural waste and landfill gas. The biogas production
market is a niche market and has limited application. Biogas produced from a large amount of waste is very
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