Research Nester’s recent market research analysis on “Biodigester Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global biodigester market in terms of market segmentation by digester, source of waste, technology, application, and by region.

Growing Prevalence of Renewable Resources to Promote Global Market Share of Biodigester

There is a noticeable shift towards the use of renewable and eco-friendly energy equipment due to the detrimental environmental effects of traditional power equipment. Since bio-digesters are widely used as a sustainable option for generating energy, the global bio-digester market is anticipated to expand rapidly. In 2020, renewables will produce 29% of the world's electricity. In the industrial sector, biomass makes for 98 percent of the renewable energy used; almost 60 percent of that energy comes from biomass wood, 31 percent from biofuels, and approximately 7 percent from biomass waste.

To lessen reliance on conventional energy-producing techniques, several government organizations are also investing in the construction of various bio-digesters. As a consequence, renewable energy sources will generate 29% more electricity globally in 2020 than they did in 2019. The highest year-over-year growth in renewable power generation since the 1970s is anticipated in 2021, when it will increase by more than 8% to 8 300 TWh.

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Some of the major growth factors and challenges that are associated with the growth of the global biodigester market are:

Growth Drivers:
• Waste Conversion into Renewable Energy to Boost Market Growth
• Rising Installation of Biodigesters Results in Waste Reduction

Challenges:
A biogas plant requires a substantial upfront financial commitment. Ample acreage is needed for the factory. Additionally, the cost of manpower, engineering, feedstock materials, and equipment is too high. Buying, storing, and sorting feedstock is a time-consuming and expensive process. Additionally, it costs money to operate facilities and to sell and distribute this gas. As a result, the sizeable capital expenditure necessary for plant setup and operation may restrain market growth. Many individuals, especially those living in rural areas, have difficulty accessing biodigesters due to a lack of technological know-how to stop their spread and the high initial cost of setting up a biodigester are some of the major factors anticipated to hamper the global market size of biodigester.

By source of waste, the global biodigester market is segmented into agriculture waste, wastewater, residential waste, commercial waste, and landfill. The commercial waste segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. Some of the key factors influencing revenue growth in this market are rapid industrialization, growing awareness of ecologically friendly waste management techniques, and the need to comply with environmental standards. As more businesses adopt the principles of the circular economy, anaerobic digestion systems for the handling of industrial waste are also anticipated to be in high demand.

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By region, the Europe biodigester market is to generate the highest revenue by the end of 2035. Europe, led by Germany, will continue to dominate the worldwide biodigester market, according to geographical data offered in the anaerobic digestion market research. The area will continue to outpace others in terms of the installed base of sophisticated anaerobic digesters, which will be aided by an advantageous regulatory policy framework and government-announced incentives. According to a report, the European Commission issued an obligatory regulation requiring all member countries to raise the percentage of transport fuels derived from biofuels or other sustainable sources to 10% by 2020. Sweden, for example, has effectively implemented a carbon fee, resulting in increased usage of bioenergy.

This report also provides the existing competitive scenario of some of the key players of the global biodigester market which includes company profiling of Sistema.bio, PlanET Biogas USA Inc., DVO, Inc., Evoqua Water Technologies LLC, Regenis, Gasum, Paques BV, OWS, CleanWorld, and others.

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