Biomethane Market Poised for Significant Growth, Expected to Reach USD 8.21 Billion by 2030

Summary: The global Biomethane Market, valued at USD 5.43 billion in 2023, is projected to grow at a CAGR of 6.08%, reaching approximately USD 8.21 billion by 2030. This press release provides an in-depth analysis of the market, highlighting key drivers, segmentation, and the impact of COVID-19 on the industry's growth trajectory.


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Biomethane Market

A) Market Size: The global Biomethane Market was valued at USD 5.43 billion in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 6.08% from 2024 to 2030, reaching a projected value of USD 8.21 billion by the end of the forecast period. This growth is driven by the increasing demand for clean and renewable energy sources, as well as the global shift towards sustainable development practices.

B) Overview: A comprehensive study has been conducted on the global Biomethane Market, incorporating extensive primary and secondary research. The research aimed to analyze the market dynamics, identify key market players, and project the market's future growth. Primary research involved in-depth interviews with industry experts, including CEOs, marketing executives, and experienced personnel, while secondary research comprised a review of the leading manufacturers' financial reports and market data.

C) Market Scope: The report provides an in-depth analysis of the Biomethane Market, focusing on market segments, competitive landscape, and market size projections. A PESTLE analysis was also conducted to help stakeholders prioritize their investments and strategies. The study examined both external and internal factors that could positively or negatively impact the market, offering decision-makers a clear view of the industry's future.

D) Segmentation: The Biomethane Market is segmented based on type and end-use industry:

By Type:

Oxygen
Carbon Dioxide
Nitrogen
Hydrogen
Noble Gas (Helium, Argon, etc.)
Others (Neon, Krypton, Xenon, Radon)
By End-Use Industry:

Cement Industry
Mining Industry
Power Generation
Chemical Industry
Metallurgy
Others
E) Major Manufacturers: The report identifies key players in the Biomethane Market, including:

Air Liquide (France)
Engie (France)
Nature Energy Biogas A/S (Denmark)
Terega Solutions (France)
Waga Energy (France)
Total Energy (France)
Archea Energy (Texas)
Envitec Biogas AG (Germany)
Future Biogas Ltd. (US)
Gaz Métro (Énergir) - Montreal, Canada
Greenlane Renewables - Burnaby, Canada
VERBIO - Leipzig, Germany
Landwärme GmbH - Munich, Germany
Future Biogas - Cambridge, UK
PlanET Biogas - Vreden, Germany
EnviTec Biogas AG - Lohne, Germany
Schmack Biogas - Schwandorf, Germany
BioConstruct GmbH - Melle, Germany
Scandinavian Biogas - Stockholm, Sweden
BTS Biogas - Brescia, Italy
Agraferm Technologies AG - Pfaffenhofen, Germany
Agrinz Technologies GmbH - Vienna, Austria
Puregas Solutions - Kalmar, Sweden
Nature Energy - Denmark
F) Regional Analysis: The Biomethane Market analysis covers key geographical regions, including North America, South America, Asia Pacific, Europe, and other regions. The study focuses on high-growth segments and regions with significant market potential. North America and Europe are expected to lead the market due to strong governmental support for renewable energy projects and advanced infrastructure.

G) COVID-19 Impact Analysis: The report assesses the impact of the COVID-19 pandemic on the Biomethane Market. The pandemic initially caused disruptions in production and supply chains. However, the focus on sustainable energy sources during the recovery phase has driven renewed interest and investment in biomethane, contributing to market growth.

H) Key Questions Answered:

What will be the Biomethane Market's CAGR throughout the projected period?
Which market category emerged as the leader in the Biomethane Market?
Who are the key players in the Biomethane Market?
How large will the Biomethane Market be by 2030?
Which firm held the largest market share in the Biomethane Market?
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