Italian biogas plant developing company BTS Biogas SRI announced a collaboration with Engie SA to develop renewable natural gas projects throughout Europe. The duo is determined to build and manage facilities that make use of organic wastes only.
The largest biomethane production plant in the world is being built by Air Liquide in the USA as part of its ongoing development of biomethane activities. This would increase the Group's total global biomethane production capacity to 1.8 TWh. Air Liquide would be able to continue offering low-carbon solutions to its clients in the industrial and transportation sectors and to support them in lowering their emissions owing to the new production facility in the State of llinois.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 3204
Published Date: Mar 06, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are surge in urban population, growing demand for biogas, rise in emission of greenhouse gases, and others.
The market size of biogas plant is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023-2035.
The major players in the market are Ameresco Inc., Engie SA, Air Liquide SA, Gasum Oy and others.
The electricity generation segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.