The anaerobic digestion global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Anaerobic Digestion Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The anaerobic digestion market size has grown strongly in recent years. It will grow from $10.67 billion in 2023 to $11.65 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to energy demand and diversification, waste management regulations, environmental concerns, government incentives and subsidies, and improved feedstock availability.
The anaerobic digestion market size is expected to see strong growth in the next few years. It will grow to $16.76 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to circular economy initiatives, consumer demand for sustainability, growing demand for renewable natural gas, increasing energy security and diversification, and raising awareness of methane emission reduction. Major trends in the forecast period include integration with other renewable technologies, advanced process optimization, enhanced feedstock diversity, decentralized and community-based systems, and the integration of advanced pretreatment techniques.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/anaerobic-digestion-global-market-report
Scope Of Anaerobic Digestion Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Anaerobic Digestion Market Overview
Market Drivers –
The growing demand for renewable natural gas is expected to propel the growth of the anaerobic digestion market going forward. Renewable natural gas (RNG) refers to methane produced from organic materials, such as agricultural waste, food scraps, or wastewater, through anaerobic digestion or gasification processes. The demand for renewable natural gas (RNG) is due to its role in reducing greenhouse gas emissions and the support it receives from government incentives promoting sustainable energy sources. Anaerobic digestion is essential for renewable natural gas (RNG) as it transforms organic waste into methane, purified and upgraded to produce a clean, renewable energy source. For instance, in August 2024, according to the U.S. Energy Information Administration, a US-based government agency, in 2024, natural gas consumption in the United States is projected to increase by about 1% compared to last year, averaging 90 billion cubic feet (Bcf) of natural gas per day (Bcf/d). Therefore, the growing demand for renewable natural gas drives the anaerobic digestion market.
Market Trends –
Major companies operating in the anaerobic digestion market are investing in innovative solutions, such as anaerobic digester facilities, to enhance waste-to-energy conversion efficiency and optimize methane production. Anaerobic digester facilities are specialized systems that decompose organic waste without oxygen, producing biogas for energy and digestate for fertilizer. For instance, in July 2022, Evergreen Environmental Inc., a US-based industrial hygiene and safety management consulting company, launched a new anaerobic digester facility in Oshawa, Ontario, to convert organic waste into renewable natural gas and usable fertilizer through anaerobic digestion. The facility is designed to process up to 200,000 metric tons of organic waste annually, addressing the region’s waste management challenges by diverting waste from landfills and reducing environmental impacts associated with organic waste decomposition. The digester will utilize advanced technology already proven in other municipalities across Ontario and is expected to be fully operational by 2025. It will produce renewable natural gas and nutrient-rich fertilizer, benefiting local agricultural, commercial, and residential sectors.
The anaerobic digestion market covered in this report is segmented –
1) By Feedstock Type: Organic Waste, Agricultural Residues, Wastewater Sludge, Energy Crops
2) By Digestion System: Mesophilic Anaerobic Digestion, Thermophilic Anaerobic Digestion, Multi-Stage Anaerobic Digestion
3) By Application: Residential, Commercial, Industrial
4) By End-Use: Power Generation, Transportation Fuel, Fertilizer Production, Other End-Uses
Get an inside scoop of the anaerobic digestion market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=19287&type=smp
Regional Insights –
North America was the largest region in the anaerobic digestion market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anaerobic digestion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the anaerobic digestion market are ENGIE Group, Viessmann Climate Solutions SE, Gasum Oy, Ameresco Inc., EnviTec Biogas AG, Bioenergy Devco, AB HOLDING SPA, Adnams plc, Capstone Green Energy Corporation, WELTEC BIOPOWER GMBH, BDI-BioEnergy International GmbH, Scandinavian Biogas Fuels International AB, Clarke Energy., PlanET Biogastechnik GmbH, Xergi A/S, Schmack Biogas GmbH, Agrinz Technologies GmbH., Northern Biogas, Bright Biomethane, Agraferm GmbH, AAT Abwasser- und Abfalltechnik GmbH, Biogest AG
Table of Contents
1. Executive Summary
2. Anaerobic Digestion Market Report Structure
3. Anaerobic Digestion Market Trends And Strategies
4. Anaerobic Digestion Market – Macro Economic Scenario
5. Anaerobic Digestion Market Size And Growth
…..
27. Anaerobic Digestion Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
