Technavio predicts the global biogas market to grow steadily at a CAGR of almost 6% by 2023. One of the primary drivers for this market is the stringent regulations for the reduction of GHG emissions. Rising quantities of methane, CO2, and GHGs in the atmosphere is leading to rising land and sea temperatures, changes in rainfall and snow patterns, and extreme climatic conditions. Hence, governments around the world are undertaking various initiatives to reduce GHG emissions. Biogas energy plants capture GHGs and use them for energy generation. This is one of the key factors driving the growth of the global biogas market. Download Free Sample Report with COVID-19 Impact Analysis
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Technavio has announced its latest market research report titled Global Biogas Market 2019-2023 (Graphic: Business Wire)
The global biogas market is a part of the global coal and consumable fuels market. The global biogas market includes companies primarily involved in the production and mining of coal, related products, and other consumable fuels related to the generation of energy. Our research reports provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors
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Technavio’s reports are aimed at providing key insights on biogas markets by identifying the key drivers, trends, and, challenges that are impacting the overall coal and consumable fuels market. The research analyses the impact on these factors on the biogas markets, for the present market scenario and over the forecast period. Technavio’s reports provide a comprehensive analysis on the vendors and their offerings, major growth strategies adopted by stakeholders, and the key happenings in the market.
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Coal and Consumable Fuels Market: Segmentation
Coal and consumable fuels, the parent market, includes the global biogas market within its scope and it is further segmented into multiple sub-segments. Technavio’s reports identify the high growth areas and opportunities for vendors operating in each sub-segment of the global biogas market. The market is segmented as follows:
Coking or metallurgical coal
Non-coking or steam or thermal coal
Surface mining (opencast)
Underground mining (deep mining)
Iron and steel
Coal tar pitch
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Coal and Consumable Fuels Market: Geographic Segmentation
The global coal and consumable fuels market has been analyzed across key geographical regions to identify region level market dynamics, developments, and the key growth countries for the forecast period. The regional level analysis identifies the market shares, growth momentum, and key leading countries in the market, which include (but ae not limited to) the following:
North America (NA)
South America (SA)
Asia Pacific (APAC)
Middle East and Africa (MEA)
Technavio’s industry coverage utilizes multiple sources and tools to gather information of the multiple stakeholders and their offerings towards the market. Sources such as company websites, annual reports, whitepapers, subscription & in-house databases, industry journals, publications and magazines are used in addition to other relevant sources. The vendor landscape provides a framework to estimate the health care supplies market, while also categorizing the vendors into pure play, category focused, or diversified based on their offerings. All market reports provide the key and contributing players across the value chain based on in-house influence index, developed using multiple industry and market parameters.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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