Crude Oil Flow Improvers Market Trends and Forecast 2016 - 2024

Crude oils are complex mixtures of hydrocarbons with nonpolar n-paraffins and polar asphaltenes. Fresh crude is relatively mobile since it is stored at very high pressure and temperature. When it has to be transported to longer distances, the ambient conditions are lower temperature and pressure. This causes the crude oil to form wax crystals on the pipeline walls from where it is being carried, produced, or stored. Crude oil flow improvers act as catalysts in reducing viscosity, depressing the pour point, and lowering the drag coefficient of crude oil. Crude oil flow improvers are also termed as drag-reducing agents (DRA).

Thus by using crude oil flow improvers or DRAs, increased flow can be achieved using the same pressure or decreased pressure and flow rate. Crude oil flow improvers consist of long-chain hydrocarbon polymers, which acts as flow turbulence inhibitors along the pipeline walls to decrease the amount of energy lost in turbulent activity. In some cases where the pipeline carrying crude oil or where it is stored is shut for a prolonged period of time, the cooled crude oil in it slowly develops a gel structure which results in high yield stress. Crude oil flow improvers also help restart pipeline (onshore /offshore crude oil transportation assets).

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Crude Oil Flow Improvers: Market Dynamics and Trends

The fluctuating viscosity and drag coefficient of crude oil are two of the major factors to consider when maintaining the uniform flow of crude oil. Crude oil flow improvers help achieving/maintain these factors at a constant level wherein energy and capital expenditure is less, with a desired result of smooth-flow crude.

Crude oils with high proportion of sulfur (heavy/sour crude) have API gravity higher 20, meaning the turbulence level is low. Those with a low content of sulfur (light/sweet crude) have API gravities of less than 20, thus turbulence level is high. Crude oil flow improvers help maintain the flow by varying the API gravities of the crude oil. The additives in the crude oil flow improvers have the below properties:

• Long-chain hydrocarbon content;
• Similarity of the molecular weight of additives to the crude oil in order to assist in its dissolution and make it easily extractable during the refining process;
• Physical and chemical stability of the additives;
• In the case of copolymer additives, monomer-to-monomer ratio is to be considered.

Currently, most of the crude extracted from all crude oil baskets worldwide is heavy and sour. It is essential for the crude oil flow improver additive to possess above properties. The market is set to increase in the future because of heavy crude extraction in E&P activities.

Crude Oil Flow Improvers: Market Segmentation

Based on the API gravity of the crude, crude oil flow improvers are classified as:

• Viscosity reducers;
• Drag reducing agents (DRA);
• Pour point and pour point depressants.

Based on type of crude (heavy/light), crude oil flow improvers are segmented into:

• Triethanolamine (TEA);
• Polymer blend.

Crude Oil Flow Improvers Market: Region-wise outlook

In the crude oil flow improvers market by region, MEA and Asia Pacific are the market leaders as the maximum crude oil extraction comes from Saudi Arabia and Nigeria, followed by the U.S., Canada, Europe, and Latin America.

Crude Oil Flow Improvers: Key Players

The market leader in manufacturing crude oil flow improvers is LUBRIZOL (USA). Other players are BASF SE (Germany) and Infenium (the U.K.)

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Coal Mining Market is expected to rise at a remarkable CAGR By 2024.

Coal has been an essential source of energy for several decades. Currently, coal is frequently used to generate electricity, cement manufacturing, steel production, and as a liquid fuel. Steam coal, which is also known as thermal coal, is mainly used for power generation. As per a report by the World Coal Association, which is an industry body incorporating coal producers and coal stakeholders, the mining of hard coal across the world has been estimated at 6185 million tons until January 2015. With constantly mounting world population, the demand for coal is escalating and as a result, the market for coal mining is expected to expand at a healthy CAGR during the forecast period of 2016 to 2024.

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This report on global coal mining market is a comprehensive study, which has been developed to serve as an aid for the players in making more informed choices. The report contains in-depth analysis of all the factors that are expected to influence the market during the forecast period, favorably or negatively, and also profiles some of the key companies currently active, for their market share, capacity, and margin. The report also segments the global coal mining market on the basis of type of coal, type of mining, and geography. By type of coal, the market has been divided into anthracite coal, bituminous coal, and coking coal or hard coal. Coking coal is more suitable for power generation, and now is being widely used in steel production. On the other hand, brown coal is a combination of sub-bituminous and lignite coal, and is more preferred on-site fuel. Depending on numerous mining methods, the report studies the segments of underground mining and surface mining, which is also known as opencast mining. Geographically, the report segments the market into the regions of North America, Europe, Asia Pacific, and rest of the world. The revenue available and growth rate for each of these regions has been provided in the report.

Global Coal Mining Market: Trends and Opportunities

Besides growing population, which requires coal for various purposes, the report credits electricity generation as the most important use of coal across the globe. This is owing to its relatively easy accessibility, affordability, and distribution. Following the recession, the global thermal and metallurgical coal prices recovered rapidly due to the demand for electricity generation, especially in the developing economies. Conversely, environmental concerns surrounding coal-generated power is the primary factor that may hinder the growth rate during the forecast period. Through to 2024, demand for coal is expected to be moderate, gaining from developing nations who continue to expand their infrastructures to supply populations with reliable and affordable electricity.

Global Coal Mining Market: Region-wise Outlook

The report credits Asia Pacific as the most lucrative market for coal mining. Developing countries such as India and China are home for a significant chunk of population and heavily depend on coal for energy and other purposes. Australia is one of the premier producer of coal and mining industry is thriving in the country. Europe currently accounts for the second most bankable regional market for coal mining, although developed nations in North America have shifted to other sources of energy over the past decade and hence, the demand is expected to remain modetate.

Companies mentioned in the research report

Arch Coal Inc., CONSOL Energy Inc., Cloud Peak Energy, Coal India Limited, and Peabody Energy Corporation are identified the the report as some of the most prominent companies currently operational in global coal mining market. Most of these companies are multinational corporations with a strong global presence, negating the opportunities for newer players.

Global Energy Management Systems Market: Rising Emphasis on Minimizing Carbon Footprints & Energy Wastage to Boost Demand, says TMR

The energy management systems market is dominated by Siemens AG, Schneider Electric AG, Johnson Controls Inc., Honeywell International Inc., and Emerson Process Management. Transparency Market Research (TMR) observes that these players operate across all geographies, offer a wide product portfolio, and have an acumen of proper product positioning across various end-user sectors.

The market is a highly competitive arena due to a large number of providers offering hardware and software integrated systems. “Major competition in the market exists in terms of performance, range of products and services, product quality, and price,” says TMR’s lead analyst.

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Hardware Components to Remain Most Valuable Component Segment through 2024

The opportunity in the global energy management systems market is expected to be worth US$35.92 bn by 2024. The valuation of market was US$11.72 bn in 2015 and is poised to rise at a CAGR of 13.4% from 2016 to 2024. On the basis of component, hardware components will continue to be the dominant segment until 2024. The software segment will exhibit a CAGR of 14.9% during the same period, which will be higher than any other segment.

The market will be led by North America throughout the forecast period, accounting for 27.6% of the overall market revenue by 2024. The increasing focus of governments on infrastructure modernization is propelling the demand for energy management systems in the region. Asia Pacific will progress at a noteworthy CAGR during the forecast period. The growth of the Asia Pacific region is supplemented by the rapid industrialization and increasing government initiatives for reducing carbon footprints.

Increasing Focus on Reduction of Energy Production Cost to Fuel Growth Prospects

Carbon emission reduction, realizing social responsibilities, and controlling climatic changes are among the key priorities of corporate environmental management programs. In order to reduce the wastage of energy, energy management systems are being increasingly implemented across various end-user sectors. “These systems are being increasingly acknowledged as they reduce the cost of waste management and improve the brand image and identity of a company,” says a TMR analyst.

Cost of energy is one of the primary concerns of the majority of organizations across the globe. With the abruptly changing energy requirements, it becomes imperative for infrastructure to be capable of meeting peak demand. These systems maintain energy demand, predict current load, and maintain the load precisely, thus minimizing the overall production cost. The rising awareness regarding these benefits of the system is augmenting the global energy management systems market. Technological advancements are also influencing the growth of the market positively.

Low Levels of Consumer Awareness to Limit Widespread Adoption of Energy Management Systems

The lack of consumer awareness is limiting the global energy management systems market from realizing its full potential. Various organizations, particularly in developing countries, are not fully aware about the costing structure and long-term benefits of energy management systems. Other factors such as high initial investments and financing installations are restricting the widespread adoption of these systems. However, the future of the market looks bright as the investments in the renewable energy sector are increasing.

U.S. Industrial Boilers Market: Strict Regulations Pertaining to Emission Control to Stimulate Growth, says TMR

The U.S.industrial boilers market is a fragmented arena with a high competitive rivalry among key players. Acquisitions, strategic alliances, technological innovation, and product diversification are among the go-to strategies of key players to consolidate their presence in the market, finds Transparence Market Research (TMR) in a new study.

However, extensive focus on technology innovation and product differentiation requires large investments. “Sizeable capital investments and the strong brand presence of key players are diminishing prospects of new entrants,” says the author of the report. The prominent players in the market are Cleaver-Brooks Inc., Hurst Boiler & Welding Company Inc., Fulton Boiler Works Inc., Superior Boiler Works Inc., Columbia Boiler Company, and Le Groupe Simoneau Inc.

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Increasing Manufacturing Activities to Assist East North Central in Retaining Leadership

The opportunity in the U.S. market for industrial boilers was valued at US$395.76 mn in 2015 and is poised to reach US$515.22 mn by 2023, progressing at a CAGR of 3.35% between 2015 and 2023. The East North Central region will continue to lead the market in terms of until 2023. The region is anticipated to witness a noteworthy rise in industrial growth and manufacturing activities, which in turn will drive the demand for industrial boilers. In this region, the demand for 300 BHP is higher than 600 BHP boilers due to the presence of large food processing and metal companies.

The South Atlantic region will expand at a CAGR of 3.41% during the same period. The growth of the region is supplemented by growth in manufacturing output of paper and chemical industries. The average capacity of boilers in this region is 600 BHP due to the high concentration of chemical companies.

High Costs of Fuel to Prompt Replacement of Old Boilers with Advanced Ones

Over the past few years, several regulatory bodies such as the Environmental Protection Agency (EPA) have introduced industry practical, protective, and cost-effective options to meet the emission standards of industrial boilers. Owing to stringent regulations, the majority of coal-fired industrial boilers are being increasingly replaced with natural gas boilers due to low emission of hazardous gasses. Moreover, the high costs of fuel are prompting the end-user industries such as chemical, refinery, and metals to replace old and inefficient boilers with the advanced and more efficient boilers. These factors are, collectively, working in favor of the growth of the U.S. industrial boilers market.

High Initial and Maintenance Costs to Hinder Growth of Industrial Boilers Market

Industrial boilers have high initial costs, which vary according to the required pressure, steam mass flow rate, and temperature range. Their efficiency reduces with time and eventually results in high cost of steam generation, thereby creating a need for replacement. In addition, boilers with fuels such as coal and wood require regular maintenance, which adds to their operational and maintenance costs. Therefore, the high costs of industrial boilers right from the deployment to maintenance are hampering the growth of the market.

The review is based on the findings published in Transparency Market Research’s new report, titled “Industrial Boilers Market - US Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023.”

The U.S. industrial boilers market has been segmented as follows:

U.S Industrial Boilers Market: By Region

• South Atlantic
• West North Central
• West South Central
• Pacific States
• Mountain States
• North East
• East North Central
• East South Central

U.S Industrial Boilers Market: By Capacity

Upto 300 BHP

• 10-150 BHP
• 151-300 BHP

300–600 BHP

Global Thermal Energy Storage Market: Strong Emphasis of Research and Development to up Competition in Future, finds TMR

The top four manufacturers account for a lion’s share of the global thermal energy storage market making it highly consolidated. Among the top four, CALMAC held slightly over 23% of market share in 2013 on the back of installation of thermal energy storage (ice-based) storage systems having a capacity of over 500MV worldwide. CALMAC is also one of the first companies to create a mobile app for consumers of energy. CALMAC was trailed by EVAPCO, Inc., which has a range products for commercial heating, ventilating, and air conditioning (HVAC) applications. CB&I and Goss Engineering, Inc. followed EVAPCO.

Since the global thermal energy storage market is dominated by a handful of large players, brand value plays a crucial role in marketing of the products. Buying into the promise of fast growth in the market, many new players have been aiming to enter it. But EPA regulations pose an entry barrier for them. At present product differentiation is limited in the market, but with increasing thrust on research and development, competitive rivalry is slated to heat up in the near future.

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The global market for thermal energy storage is predicted to reach a value of US$1.8 bn by 2020, exhibiting a robust growth rate.

Pressing Demand for Energy to Power Robust Growth in Asia Pacific

Based on technology, sensible heat accounts for a major share of the global thermal energy storage market. Going forward, however, it would likely trim its market share to hold about 60.2% of it by 2020 as it has low storage capacity per volume of the storage media. Other reasons for its decreasing market share is the non-isothermal behavior of the material during heat storage and releasing processes and progress in other technologies such as latent heat and thermochemical storage.

North America dominates the global market for thermal energy storage in terms of market share. It is slated to hold on to its leading share in the future too. In terms of growth rate, however, Asia Pacific is predicted to expand at the maximum pace due to a burgeoning population pushing up the demand for energy, both conventional and renewable. Its market share is likely to be about 22% in by 2020.

Swift Take-up of Variable Energy Sources Pushing up Demand

An important growth in the global market for thermal energy storage is the growing uptake of variable energy sources (VES) in the power generation portfolio worldwide. “One of the common claims is that VES such as wind and solar are unreliable and intermittent in nature, and often require firming and backup to be useful in a utility system. Variable energy sources are increasingly becoming competitive with conventional energy generation technologies. The rapid rate at which they are being adopted, coupled with the goals for de-carbonization and energy security set by government across the world, propels the demand for thermal energy storage technologies globally,” explains the analyst of the TMR report.

High Initial Investment Poses a Roadblock to Market

Providing headwinds to the market is the high initial investment. Thermal energy storage technologies comprise various technologies each with a specific application, performance, and cost. Among them, the costs of phase change materials (PCMs) and thermochemical storage (TCS) are usually higher in comparison to the capacity of storage they provide. Another market deterrent is the numerous challenges to grid interconnection, which include the difficulty in creating appropriate market signals to incentivize the building of storage capacity and the provision of storage services.

This review is based on the findings of a TMR report titled “Thermal Energy Storage Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020.”

Global Thermal Energy Storage Market, by Technology

• Sensible Heat
• Latent Heat
• Thermochemical Heat

Global Thermal Energy Storage Market, by End Use Segment

• Commercial and Industrial
• Utilities
• Residential

Global Thermal Energy Storage Market, by Regional Analysis

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

Energy Recovery Ventilators Market is expected to rise at a remarkable CAGR By 2024

Energy recovery ventilators (ERVs) are mechanical ventilation systems, which remove polluted air from homes and replace it with fresh air. They are also known as air heat exchangers. Energy recovery ventilators should not be confused with heat recovery ventilators. In energy recovery ventilators, the heat exchanger transfers a certain amount of water vapor along with heat energy, whereas heat recovery ventilators transfer only heat. The system works on the principle that it cools and de-humidifies automatically during summer and pre-heat in cooler seasons. The benefit of using energy recovery ventilators is that they improve indoor air quality and reduce total HVAC equipment capacity. On the basis of technology, energy recovery ventilators are classified into plate heat exchanger, rotary heat exchanger, run-around coil, heat pipe heat exchanger, and others. Energy recovery ventilators are used primarily in commercial and residential construction. Rising demand for fresh air and necessity to reduce indoor pollutants are major drivers contributing to growth of the energy recovery ventilators market. Lack of awareness about advantage of energy recovery ventilators and high cost of the system are major restraints for the growth of the energy recovery ventilators market.

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Out of all technologies of energy recovery ventilators, plate heat exchangers are most widely used. Plate heat exchangers is also likely to be the speedily growing technology segment of the market during the forecast period. A plate heat exchanger has no moving parts and it consists of alternating layers of plates, which can be separated and sealed. Another advantage of plate heat exchangers is that they provide an efficient mechanism of heat transfer along with maintaining temperature of the building constant. They have ability to recover more than 80% of the available waste exhaust heat. These advantages are likely to fuel the plate heat exchanger segment during the forecast period.

Construction application is expected to be the leading segment and also the speedily expanding application segment of the energy recovery ventilators market in the next eight years. Rising construction activities, implementation of stringent government regulations about environment and increase in awareness regarding HVAC systems are the key factors contributing to growth of the energy recovery ventilators market. Higher use of energy recovery ventilators in commercial buildings such as hotels, offices, gyms, restaurants, and laboratories in comparison to residential buildings is another factor driving the market. Usage of energy recovery ventilators for residential buildings is still at a nascent stage, but is expected to increase in future, due to rise in awareness about indoor air quality.

North America is anticipated to be the speedily expanding region for the energy recovery ventilator systems market, followed by Europe and Asia Pacific, during the forecast period. Recovering economy and increasing initiative by government and non-government organizations regarding adoption of energy recovery ventilators are anticipated to augment the market in North America. The federal government has already made it compulsory to install energy recovery ventilators in its buildings and also in schools and small businesses. Growing concerns about minimizing the cost of energy consumption are also estimated to drive the global energy ventilator systems market. Recovering European economy and increasing awareness about indoor air quality in Asia Pacific are expected to fuel the market in the respective region during the forecast period.

Key players operating in the energy recovery ventilators market include Mitsubishi Electric Corporation, Ltd., Reznor, Greenheck Fan Corp., Renewaire, LLC, Zehnder America, Inc., Nortek Air Solutions, Munters Corporation, and Ruskin Rooftop System.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Distribution Transformer Market Global Industry Analysis 2016 - 2024

A distribution transformer or service transformer provides the final voltage transformation in the electric power distribution system, stepping down the voltage used in the distribution lines to the level used by the customer. Distribution transformers usually do not operate at full load; they are designed to offer maximum efficiency at lower loads. Voltage regulation in these transformers is kept minimum to improve efficiency. Thus, distribution transformers are designed to have small leakage reactance. Transformers smaller than 500 kVA are generally called distribution transformers. Distribution transformers with voltage distribution less than 33 kV are used in industries, while 380V/220V distribution transformers are used for domestic purposes. The number of customers fed by a single distribution transformer varies depending on the number of customers in an area. Several homes may be fed off a single transformer in urban areas; rural distribution may require one transformer per customer.

A large commercial or industrial complex would require multiple distribution transformers. Pad mount transformers are used in urban areas and neighborhoods where the primary distribution lines run underground. Distribution transformers are manufactured using a core made from laminations of sheet steel stacked. These are either glued together with resin or banded together with steel straps. Where large numbers of transformers are made to standard designs, a wound C-shaped core is economic to manufacture. A steel strip is wrapped around a former, pressed into shape, and then cut into two c-shaped halves, which are re-assembled on the copper windings.

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Distribution Transformer Market: Dynamics and Trends

Formerly, distribution transformers for indoor use would be filled with a polychlorinated biphenyl (PCB) liquid. They have been banned, as these liquids persist in the environment and have adverse effects on animals. Other fire-resistant liquids such as silicones are used where a liquid-filled transformer must be used indoors. Certain vegetable oils have been applied as transformer oil; these have the advantage of a high fire point and are completely biodegradable in the environment. Transformer/distribution polarity is required when there is a need for parallel transformers to gain additional capacity or to hook up three single-phase transformers to make a three-phase bank. The way the connections are made affects angular displacement, phase rotation, and direction of rotation of connected motors. Polarity is also important when hooking up current transformers for relay protection and metering.

Distribution Transformer Market: Segmentation

The distribution transformer market is segmented based on field of usage (power transformer for transmission network, distribution transformer for distribution network, power supply, isolation, rectifier, and others); number of phases (single phase and multi-phase); installation location (overhead distribution systems, underground or above ground vaults, pad mounts, and interior installation); and region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific).

Distribution Transformer Market: Region-wise outlook

The global distribution market is driven by the increasing need for power across the globe. North America and Europe are the major markets for distribution transformers due to large per capita electricity consumption in these regions. The market in Asia Pacific is poised to gain momentum and outperform North America and Europe in terms of size.

Distribution Transformer Market: Key Players

Key players operating in the distribution transformers market include ASEA Brown Boveri, Aston Transformers A.S., Bemag Transformers, BHEL (Bharat Heavy Electricals Ltd), Bowers Electricals, Siemens AG, Crompton Greaves, Daihen Corporation, and Diamond Power Infrastructure Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Biogas Plant Market Trends and Forecast 2016 - 2022

Scandinavian Biogas, EnviTec Biogas AG, Quadrogen, and Ameresco, Inc., have been the dominant players in the global biogas plant market for various areas in 2015. Each key player holds dominance over a core area within the regional foundation of the global biogas plant market and also possess specializations in the type of feedstock they use. This primarily is based off the general availability of a certain type of feedstock within a region. Quadrogen, for instance, specialized in the use of feedstock from wastewater treatment plants and agricultural digesters.

As stated in a report published by Transparency Market Research, the global biogas plant market is likely to hold a highly competitive scenario for players of all sizes. At the same time, the difficulty of entry for new players is also fairly high, owing to the great amount of technological expertise required to operate modern biogas plants, and the currently large entry barriers posed by the complex and strict framework of regulations, especially in developed economies. This, however, is expected to change over the coming years, and the relaxing of key regulations is likely to attract more players to the global biogas plant market. The global biogas plant market is expected to weigh in at 59,697 total biogas plants by the end of 2016. The market is expected to remain reasonably positive within a forecast period from 2016 to 2024 with a CAGR of 6.5%. By the end of 2024, this market’s volume is expected to reach 86,964 biogas plants, which means that over 30,000 are easily expected to be unveiled within the forecast period.

Growing Financial Aid for Biogas Plants Boosts Confidence in Several New Entrants

“As with any burgeoning market that tries to compete as a substitute to conventional types that already have a massive hold over the global economy, financial backing can be a very valuable thing. The global biogas plant market at the moment not only combats the gigantic oil and gas industry’s markets for fossil fuels, but also other prominent fuel generation types in its own backyard for renewable fuels. While this has deterred several players from entering the global biogas plant market, governments and even private investors are showing their love to the market. The massive scope of fuel generation held by the global biogas plant market, coupled with the growing concerns over fossil fuel-based emissions and the growing landfill problems, have put the players in this market at a unique position where they are getting high levels of financial aid. This currently is the leading factor driving the global biogas plant market,” states a TMR analyst.

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Waste Segregation a Must for Biogas Plants to Prosper

One of the key problems that several players from the global biogas plant market are currently facing is the overall lack of effort that goes into the separation of wastes before appropriate disposal. There is a gross lack of implementation of processes meant to create segregated piles of waste, which is the foremost criteria required for any waste type to be reused or recycled, and the global biogas plant market is no exception to this rule. The global biogas plant market is in a position to show a booming expansion rate in terms of infrastructure and output volumes, but is severely hindered by the lack of waste segregation policies and systems, especially in emerging economies.

“Despite the problem of lack of waste separation, the sheer volume of waste being produced around the world regularly is enough of a force to continue creating opportunities in the global biogas plant market over the coming years. The overall positive nature in which the global biogas plant market can be expanded on is giving players several opportunities to expand their horizons within the market and look towards a brighter, cleaner future,” adds the analyst.

Key segments of the Global Biogas Plant Market

Global Biogas Plant Market: By Feedstock Type

• Agricultural Waste
• Energy Crops
• Sewage Sludge
• Industrial Waste
• Food & Beverages Processing Residue
• Food & Beverages Waste