Biogas Upgrading Equipment Market 2024-2028: Size and High cost of production; growth driven by the Technology, Some of key Companies Positioned Strategically
The biogas upgrading equipment market size by Technology (Water scrubber, Chemical scrubber, Pressure swing adsorption (PSA), Membrane, and Others) and Geography (Europe, North America, APAC, South America, and Middle East and Africa), is forecast to increase by USD 7434.8 million. The market is expected to grow at a CAGR of 18.52% between 2024 and 2028.
- Biogas upgrading is an essential process for converting raw biogas into high-quality upgraded biogas, which meets the standards of natural gas. The primary objective is to reduce the carbon dioxide content in biogas, which stands at 30-40%, to match the 1% level in natural air. This is achieved through the removal of CO2 and the enhancement of methane content. Given the costly nature of biogas upgrading, it's crucial to optimize the process for maximum efficiency. This can be accomplished by minimizing energy consumption and ensuring high yields of methane. As methane contributes significantly to greenhouse gas emissions, with a global warming potential 23 times greater than CO2, minimizing methane emissions is a critical consideration.
- The Biogas Upgrading Equipment Market refers to the industry dedicated to enhancing the quality of biogas through various processes, such as pressure swing adsorption (PSA) and membrane technology. These technologies remove impurities, increasing the methane content and reducing CO2 levels, resulting in a higher calorific value biomethane suitable for use as a renewable fuel or feedstock. Market growth is driven by increasing demand for renewable energy sources and stringent regulations on greenhouse gas emissions.
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Some of the Key Companies:
- 2G Energy AG
- AAT Abwasser und Abfalltechnik GmbH
- Air Liquide SA
- Atlas Copco AB
- Bright Renewables B.V.
- Carbotech Gas Systems GmbH
- Condorchem Envitech SL
- DMT International
- DP CleanTech Co. Ltd.
- DVO Inc.
- Greenlane Renewables Inc.
- HAASE Umwelttechnik GmbH
- Jog Waste to Energy Pvt. Ltd.
- MalmbergGruppen AB
- Nacelle Logistics LLC
- NeoZeo AB
- Pentair Plc
- Veolia Environnement SA
- Xebec Adsorption Inc.
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