Due to this, biogas has become priority in the energy generation mix for most of the countries in Europe, followed by North America and Asia-Pacific, in order to reduce their dependency on the conventional energy sources. Greenhouse gases and its destructive effect on environment, are contributing to the growth of the biogas market. The depleting oil reserve and uncertainty in crude oil prices is further anticipated to drive the growth of the global market.

 Biogas Market will continue to grow with Europe having the major market share during the forecast period. The European countries have set up an association in the field of biogas and bio methane, namely European Biogas Association.

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Biogas is produced by anaerobic digestion with anaerobic organism. In this process, an organic matter is biologically broken down, in the absence of oxygen. Biogas is a mix of approximately 50%-70% methane, and 30%-40% carbon di-oxide. Biogas is produced by decomposing municipal waste, plant materials, food waste and plant materials. Biogas can be used in electricity generation, transportation sector, and other household activities, such as cooking and heating.

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The rapid industrialization rate, along with increasing importance for renewable power generation in India and China is expected to drive the growth of the Asia-Pacific market for biogas. So far, the market has received small attention from Africa. Several government initiatives and awareness events by various NGOs has created a positive environment about biogas markets in Africa. The exploitation of biogas is closely examined in Latin America. Brazil dominated the biogas market in the region, followed by Ecuador.

The key players in the biogas market include Scandinavian Biogas Fuels International AB, EnviTech Biogas AG, Air Liquide Advanced Business and Technologies, Greenlane Biogas, Cryostar SAS, Vanzetti Engineering, Himark Biogas, DMT Environmental Technology, MT-Energie GmbH, Acrona Systems and Xebec Adsorption Inc.


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