Transparency Market Research in its new report titled, “Biogas Liquefaction Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the biogas liquefaction market. The new report anticipates that the increasing demand for energy owing to rapid growth in the population and rising urbanization and modernization across the globe will drive the biogas liquefaction market during the forecast period i.e, 2018-2026. Currently, major energy demand is supplied by fossil fuels such as coal, and oil & gas. Fast depleting fossil fuels, environmental concerns and rising pollution has led to steady shift to more environment friendly and renewable fuel sources of clean energy.
The TMR report has segregated the global biogas liquefaction market based on the technology and geography. The two main technologies for biogas liquefaction are cryogenic technology and conventional upgrading technology connected with a small-scale liquefaction plant. Europe and North America are comparatively mature markets for the biogas liquefaction. The U.S.A, Sweden, Switzerland, Germany are the major drivers in these regions. On the other hand, Asia Pacific and the Middle East are in the nascent stage but are projected to register higher growth rate in the near future. In recent years, China has made huge investments in biogas plants and other alternate sources of energy. Australia has built many big and small sized biogas liquefaction plants in recent years. Rapid shift to liquefied biogas as primary source for fuel in vehicles would spur the growth of biogas liquefaction plants, as per the report.
Efforts from South Korea, Indonesia, Malaysia, India and South Africa to promote the use of biogas is anticipated to enhance the growth in these markets. High biogas demand could directly or indirectly fuel the demand for biogas liquefaction plants across the globe. As per the recent regulations in Sweden, the country imports waste to produce biogas, which may fuel additional growth in the biogas liquefaction market. As many as 11 new biogas liquefaction plants have been built in Sweden. France, Sweden and U.K have committed to produce liquefied biogas with a goal to meet 20% of their energy demand through biogas. Comprehensive shift to renewable energy from fossil fuels may increase biogas demand. But improper waste management could confine the market growth. However, recent global shift to renewable and clean energy along with technological developments in biogas processing and applications around the globe point towards a positive outlook for the biogas liquefaction industry.
Some of the major players in the global biogas liquefaction market are included in this report to give a better competitive landscape and these include Ameresco, Inc, APROVIS Energy Systems GmbH,Awite Bioenergie GmbH, BioConstruct GmbH, Eisenmann SE, Energy & Waste S.L., Enspar GmbH, EnviTec Biogas AG, ETW Energietechnik GmbH, Groth Corporation, Himark BioGas, Nova Analytical Systems Inc. and Schmack Biogas GmbH
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. We are leaders in analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence. TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
