Biogas Plant Market to Reach $6.52 Bn by 2028; Rising Adoption of Renewable Energy Sources to Propel Market Growth

The global biogas plant market is anticipated to exhibit spectacular growth by reaching USD 6.52 billion by 2028. Fortune Business Insights™ has presented this information in its report titled, “Biogas Plant Market Size, Share & COVID-19 Impact Analysis, By Feedstock (Bio-municipal Waste, Agriculture Residue, Energy Crops, and Others), By Digester Type (Wet Anaerobic Digester and Dry Anaerobic Digester), By Application (Power Generation, Heat Generation, and Transportation), and Regional Forecast, 2021-2028”, and observes that the market size is projected to grow from USD 3.10 billion in 2020 to USD 3.51 billion in 2021 and is expected to exhibit a CAGR of 9.3% between 2021 and 2028. The rising adoption of renewable energy sources to curb surging greenhouse emissions and energy demands are expected to boost the market’s growth in the coming years.

Future Biogas Limited’s Plan to Build 25 New Plants to Amplify Market Growth

In June 2021, Future Biogas Limited announced its plans to construct 25 new plants by 2028. The new plants will feature carbon capture and storage technology to supply green gas to the grid. The company also intends to develop an additional 20 bolt-on carbon capture and storage sites. Once captured, the carbon dioxide will be supplied to the Northern Lights Project through a new port facility to be constructed in the Humber Estuary. The firm operates ten biogas plants in the U.K. currently.

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Growing Adoption of Renewable Energy Sources to Propel Market Growth

Biogas utilization is gaining considerable popularity to reduce greenhouse gas emissions and tackle climate change.  The growing migration of people from rural to urban areas has augmented the energy demand in recent years. A massive portion of the total production worldwide is used for power generation and co-generation. According to the IEA, approximately 65% of the total biogas produced in 2019 were used for power generation and co-generation. The increasing energy demands and greenhouse emissions have been the primary concerns of governments across several countries worldwide. They are expected to boost the adoption of renewable energy sources and are likely to drive market construction globally.

Key Players Emphasize Organic & Inorganic Developments to Garner Growth

The market is highly consolidated and comprises several key players operating domestically and internationally. The key players focus on the expansion of production capacities or the introduction of new plants. The key players emphasize inorganic and organic developments to strengthen their market positions. The key players focus on various growth strategies like partnerships, mergers, acquisitions, new product launches, technological advancements, patents, and others to enhance their market presence. For instance, in May 2020, Wärtsilä partnered with Vantaa Energy to co-develop a new plant that would produce carbon-neutral synthetic biogas.

Industry Developments-

• May 2020: Wärtsilä partnered with Vantaa Energy to co-develop a new plant that would produce carbon-neutral synthetic biogas.

Key Players in the Global Biogas Plant Market are:

• Future Biogas Limited (U.K.)


• PlanET Biogas Global GmbH (Germany)


• WELTEC BIOPOWER GmbH (Germany)


• Scandinavian Biogas Fuels International AB (Sweden)


• EnviTec Biogas AG (Germany)


• Ameresco (U.S.)


• Quantum Green (India)


• AB HOLDING SPA (Italy)


• RENERGON International AG (Switzerland)


• StormFisher (Canada)


• Strabag (Austria)


• Thoni (Austria)


• Naskeo Environnement S.A. (France)


• IES BIOGAS S.r.l (Italy)


• FINN BIOGAS (Australia)

Further Report Findings-

• The market size in Europe stood at USD 1.67 billion in 2020 and is projected to emerge dominant in the global biogas plant market share. The increasing investments in bio-related energy are expected to boost the market growth significantly.


• Moreover, Sweden, France, Italy, Spain, the U.K., and Germany are the biggest consumers of bio-based energy sources. Germany is the largest producer in Europe, with more than 9,500 plants, which is more than fifty percent of the total installations operating currently in the European Union. These factors are likely to help Europe dominate the global market growth in the coming years.


• According to the segmentation based on application, the power generation segment is anticipated to witness the highest growth in the global market. The increasing electricity demand due to improving household incomes, transport electrification, and rising demand for air conditioning and digitally connected devices are expected to fortify the segment’s growth.

Table of Segmentation: