Biogas Upgrading Equipment Market to Grow with a CAGR of 5.19% By 2028

Written by Lisa Tate  »  Updated on: July 09th, 2024

Biogas Upgrading Equipment Market to Grow with a CAGR of 5.19% By 2028

According to TechSci Research report, “Biogas Upgrading Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Biogas Upgrading Equipment Market is experiencing a surge in demand in the forecast period. A primary driver propelling the global Biogas Upgrading Equipment market is the accelerating emphasis on transitioning towards renewable energy sources. Governments, industries, and communities worldwide are intensifying efforts to reduce dependency on conventional fossil fuels and mitigate environmental impacts. Biogas upgrading equipment plays a pivotal role in this transition by converting raw biogas, sourced from organic waste, into high-quality biomethane. As nations set ambitious targets to decrease carbon footprints and embrace cleaner energy alternatives, the demand for biogas upgrading technologies surges. This driver is fueled by a global commitment to sustainability, aligning with climate goals and fostering a paradigm shift towards renewable energy solutions. Governments' implementation of supportive policies and incentives further amplifies the momentum, positioning the Biogas Upgrading Equipment market as a key contributor to the global renewable energy landscape.

Stringent environmental regulations and ambitious emission reduction goals constitute another influential driver propelling the global Biogas Upgrading Equipment market. Governments worldwide are enacting regulations to curb greenhouse gas emissions and combat climate change. Biogas upgrading equipment addresses these regulatory requirements by converting biogas, a potent greenhouse gas, into biomethane—a cleaner, renewable energy source. The market experiences a boost as industries and waste management facilities seek solutions to comply with these stringent standards. Incentives, such as subsidies and tax credits, further encourage the adoption of biogas upgrading technologies. The alignment of the market with emission reduction targets positions it as an essential component in the broader strategy to create sustainable, low-carbon economies globally. As environmental consciousness grows, the demand for Biogas Upgrading Equipment is expected to continue its upward trajectory, driven by the imperative to meet regulatory standards and build a more environmentally responsible energy infrastructure.

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The Global Biogas Upgrading Equipment Market is segmented into type, application and region.

Based on type, The Water Scrubber segment held the largest Market share in 2022. Water scrubbers are often considered cost-effective compared to some other biogas upgrading technologies. The simplicity of the technology and the abundance of water as a scrubbing medium contribute to lower operational costs.

Water scrubbing technology has been in use for many years and is well-established. Its reliability and efficiency in removing impurities from biogas make it a trusted choice in certain applications.

Water scrubbers are relatively simple to operate and maintain. They don't require complex chemical processes or sophisticated membranes, making them more accessible for a range of facilities, including smaller-scale operations.

Water scrubbing is often suitable for biogas derived from certain feedstocks. Depending on the composition of the biogas produced (which can vary based on the source material), water scrubbers may be particularly effective.

Water scrubbers use water as a scrubbing medium, and the process does not involve the use of chemicals that might have environmental implications. This can be appealing in settings where environmental sustainability is a priority.

Based on application, The landfill Gas segment held the largest Market share in 2022. Landfills are substantial sources of methane emissions resulting from the decomposition of organic waste. The abundance of landfill gas makes it a significant feedstock for biogas upgrading. By capturing and upgrading this gas, it can be converted into high-quality biomethane for various applications.

There is a growing global focus on mitigating the environmental impact of landfills, particularly regarding methane emissions. Upgrading landfill gas to biomethane is not only a way to reduce greenhouse gas emissions but also aligns with regulatory frameworks aimed at curbing air pollutants and mitigating climate change.

Landfill gas-to-energy projects are part of broader waste-to-energy initiatives, where the utilization of biogas contributes to sustainable waste management practices. Many governments and municipalities worldwide are investing in these projects to extract energy from waste materials.

Countries aiming to achieve renewable energy goals often include landfill gas utilization in their strategies. Upgrading landfill gas aligns with these goals, providing a renewable energy source that can be injected into natural gas grids or used for various energy applications.

Landfill gas projects, when economically viable, can attract investments due to their potential for consistent gas production over the long term. The economic feasibility of upgrading landfill gas depends on factors such as the scale of the project, available technology, and supportive regulatory frameworks.

Major companies operating in the Global Biogas Upgrading Equipment Market are:

Greenlane Renewables Inc.

Malmberg SE

Air Liquide S.A.

Xebec Adsorption Inc.

Carbotech Gas Systems GmbH

Morrow Biogas Systems AS

Wartsila Finland Oyj

Prodeval

DMT Environmental Technology GmbH

Envitech Energietechnik AG

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“The Global Biogas Upgrading Equipment Market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. The global Biogas Upgrading Equipment market is propelled by the increasing demand for sustainable energy solutions amid a global shift towards renewable resources. With a focus on reducing carbon footprints and achieving emission reduction targets, businesses and governments are turning to biogas upgrading technologies. These systems efficiently convert raw biogas into high-quality biomethane, aligning with environmental regulations and supporting the transition to cleaner energy. As the world embraces renewable energy sources, the demand for Biogas Upgrading Equipment rises, driven by the imperative to create environmentally responsible and resilient energy infrastructures. Therefore, the Market of Biogas Upgrading Equipment is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Biogas Upgrading Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Water Scrubber, Chemical Scrubber, PSA Membrane), By Application (Municipal & Domestic Sewage, Industrial Wastewater, landfill Gas, Agriculture Wastes), By Region, By Competition”, has evaluated the future growth potential of Global Biogas Upgrading Equipment Market and provides statistics & information on Market size, structure and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Biogas Upgrading Equipment Market.

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