LONDON, Dec. 8, 2015 /PRNewswire/ -- The biogas market report by Transparency Market Research provides in-depth analysis of biogas production globally. The report segments the market on the basis of application and geography. The report analyzes the global production of biogas in terms of volume (Kilo Tons Oil Equivalent – KTOE) for the 2015–2023 period. The global biogas market report also analyzes the major biogas producing countries. For this research study, the base year is 2014, whereas the forecast is from 2015 to 2023. The report provides a comprehensive competitive landscape and features companies producing biogas. This report includes the key market dynamics affecting the biogas market globally. The analysis in the report provides detailed insights of the global biogas market. Major dynamics such as drivers, opportunities, and restraints of the market were analyzed in detail and are illustrated in the report through tables. The report also provides a detailed industry analysis of the global biogas market with the help of Porter's Five Forces model.
The biogas market has been segmented on the basis of application into electricity & heat, vehicle fuel, and others. Electricity & heat was the largest application segment of the biogas market globally, accounting for more than 50% of the global share, in 2014. Consumption of biogas for electricity and heat generation was augmented by the shift towards renewable sources of energy across the globe. However, the biogas market is hampered by high initial investments and installation costs. In 2014, others such as domestic use and supply to natural gas pipeline was the second-largest application segment of the biogas market globally. Consumption of upgraded biogas as a vehicle fuel is growing due to strict vehicle emission norms and low cost of fuel.
The biogas market was analyzed for North America, Europe, Asia Pacific, and Rest of the World (RoW). Volumetric production of biogas in few major countries such as China, South Korea, Canada, Brazil, the U.K., France, the U.S., and Germany is also provided in the report. Europe held the major share of the global biogas market, accounting for more than 60% of the global biogas production. In 2014, Germany was the major producer of biogas in Europe. Asia Pacific is anticipated to be the fastest growing market for biogas. Europe is anticipated to be the second-fastest growing market for biogas during the forecast period.
Several companies in the biogas market have integrated operations with established components and feedstock supply channel. Some of the key market participants in the biogas market include Air Liquide Advanced Business & Technologies, Wärtsilä Corporation, Vanzetti Engineering S.r.l., Swedish Biogas International AB, Cryostar SAS, Gasrec Ltd., Biofrigas Sweden AB, Cryonorm BV, Scandinavian Biogas Fuels International AB, and EnviTec Biogas AG. The report provides an overview of these companies, followed by their financial details (if available), business strategies, and recent developments.
The biogas market has been segmented as follows:
Global Biogas Market: Application Analysis
Electricity & Heat
Global Biogas Market: Regional Analysis
Rest of Europe
Rest of Asia Pacific
Rest of the World (RoW)
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