A new report from Transparency Market Research, titled ‘Biogas Upgrading Market - Global Industry Size, Share, Trends, Analysis And Forecasts 2012 - 2018,’ states that the global biogas upgrading market is predicted to progress swiftly till 2018 due to the increasing use of biogas in residential and industrial applications.
Biogas offers enhanced efficiency as compared to many other renewable energy resources. Biogas is also more cost-effective as compared to many other renewable energy resources. The production of biogas is cost-effective due to the easy availability of feedstock across the globe. Biogas primarily needs biowaste, municipal waste, agricultural waste, and energy crops. Biogas is produced with the help of microbial fermentation, called as anaerobic digestion. The anaerobic digester is placed at the heart of the device and its combination with gas engine or turbines constitutes the entire power plant.
The global biogas upgrading market is segmented on the basis of region and technology. By geography, the global biogas upgrading market is divided into Europe, Asia Pacific, North America, and Rest of the World. Currently, in terms of the total number of biogas plants, Asia Pacific dominates the global biogas upgrading market. Most biogas plants in Asia Pacific are small-scale plants serving a community or single homes. As compared to America, Europe has more biogas plants and the number is predicted to increase in the years to come due to the increasing environmental concerns and the growing use of biogas. The Europe biogas upgrading market is predicted to expand swiftly in the years to come, as renewable energy is predicted to be the fastest-growing energy source in the years to come.
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The growing desire to minimize greenhouse gas emissions and strict government rules are two of the major factors expected to drive the global biogas upgrading market in the years to come. Some other factors such as price volatility and the reduction of fuel expenses are expected to contribute towards the growth of the global biogas upgrading market in the next few years. Based on technology, the global biogas upgrading market is classified into water scrubbers, pressure swing absorption systems, physical absorption, chemical absorption units, membrane systems, and units based on cryogenic technology.
Some of the prominent companies operating in the global biogas upgrading market are Acrona Systems, Carbotech, DGE GmbH, Dreyer and Bosse Kraftwerke GmbH, Guild Associates, Malmberg Water, Prometheus Energy, Xebec Adsorption, Air Liquide, Cirmac, DMT Environmental Technology, Greenlane Biogas, Kohler and Ziegler, MT Energie, Ros Roca Envirotec, and Van Der Wiel Stortgas. The entry of new companies is expected to introduce new biogas upgrading techniques in the global market.
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