Authored By: Sarah
22 Jul 2022

Biogas Upgrading Equipment Market-Key Drivers, Segmentation, and Vendor Analysis 

Technavio has been monitoring the biogas upgrading equipment market share and it is expected to post an incremental growth of USD 1.25 billion, accelerating at a CAGR of 16.86% till 2025. Environment and energy security is one of the key trends that positively influence the biogas upgrading equipment market growth. The market is segmented by technology (water scrubber, chemical scrubber, pressure swing adsorption, and others) and geography (Europe, North America, APAC, MEA, and South America).

The market's growth trajectory is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Unlock Sample Report Analysis

Biogas Upgrading Equipment Market: Emerging Trends to Impact Market Growth

The market is driven by the need for cleaner fuel. In addition, favorable government policies are anticipated to boost the growth of the Biogas Upgrading Equipment Market.

Biogas is extracted from biodegradable substances and waste products and then recycled and upgraded to serve as fuel for reuse in various applications. The upgraded biogas burns twice as efficient when compared with its regular state and will reach the quality of natural gas. The need for upgraded biogas is growing fast, and thus the production of appropriate equipment is increasing. Hence the demand for biogas upgrading equipment will increase during the forecast period.

Biogas Upgrading Equipment Market-Key Drivers, Segmentation, and Vendor Analysis 

Biogas Upgrading Equipment Market: Vendor Analysis

The market is concentrated and the degree of concentration will accelerate during the forecast period due to the presence of several players. Acrona Projects Sarl, Atlas Copco AB, Carbotech Gas Systems GmbH, Clean Energy Fuels Corp., DMT International, Greenlane Renewables Inc., LAIR LIQUIDE SA, Pentair Plc, Terberg Ros Roca Group, and Xebec Adsorption Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. The growth of the players depends on several factors such as market conditions, government support, and industry development.

Technavio custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations. Download the PDF Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 16.86%.
  2. What is the incremental growth of the market?
    The market is expected to grow up to USD 1.25 billion during 2020-2025.
  3. What is a key factor driving this market?
    The need for cleaner fuel will drive market growth over the forecast period.
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, MEA, and South America are the key regions featured in this research report.
  5. Which is the leading geographic region for this market?
    58% growth will originate from Europe.
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