A new market research report by Transparency Market Research, titled “Biogas Upgrading Market - Global Industry Size, Share, Trends, Analysis and Forecasts 2016 - 2024,” provides an extensive analysis, targeting the potential opportunities present in the market. It also throws light on the present trends in the market and the main dynamics predicted to determine the development of the market in the coming years. Presentation of the forecast statistics and past performance of the biogas upgrading market also forms a key part of this report. The study also helps in the identification of the top technology, main product, and geographical segments in the market for biogas upgrading. The regulatory scenario in the market has also been highlighted by providing the impact of the same.
As stated in the report, the global biogas upgrading market is expected to touch US$338.5 mn by 2016 end. The increasing requirement to lower the greenhouse gas emissions globally is amongst the main factors bolstering the growth of the global biogas upgrading market. In addition, the stringent regulations posed by governments globally regarding the emissions will stimulate the demand for biogas upgrading. Furthermore, the increasing awareness amongst individuals about the advantages of utilizing biogas and the increasing environmental concerns globally will provide impetus to the development of the global biogas upgrading market.
The report segments the market in terms of technology and geography. On the basis of technology, the report segments the market into pressure swing adsorption systems, chemical absorption units, water scrubbers, units based on cryogenic technology, membrane systems, and physical absorption.
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Geographically, the report segments the biogas upgrading market into North America, Asia Pacific, Europe, and Rest of the World (RoW). Amongst these, the Europe biogas upgrading market is expected to touch US$250.5 mn by 2016 end and will emerge as a significant region in the development of the overall market. Contrariwise, Asia Pacific leads the market on the basis of count of biogas plants and is predicted to touch US$83.9 mn by 2016 due to the increasing renewable energy demand in this region. However, majority of these plants are small-scale and can only serve a single house or a community.
The primary players in the market are targeting on introducing cutting-edge technologies in order to maintain their position in the market. The prominent players in the global biogas upgrading market are Dreyer & Bosse Kraftwerke GmbH, MT Energie, Malmberg Water, Air Liquide, Kohler and Ziegler, DMT Environmental Technology, Ros Roca Envirotec, DGE GmbH, Prometheus Energy, Carbotech, Acrona Systems, Van Der Wiel Stortgas, Cirmac, and Greenlane Biogas, among others.
