Biogas Plant Equipment Market to Grow 19% Annually Through 2016

0

Source: Marketwire

ROCKVILLE, MD -- (Marketwire) -- 07/11/11 -- MarketResearch.com has announced the addition of the new report 'Waste-Derived Biogas: Global Markets for Anaerobic Digestion Equipment -- Focus on North America,' to their collection of Alternative Sources market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6441689

Renewable, sustainable energy generation will be the fastest-growing energy sector over the next two decades. From 2010 to 2016, the market is projected to rise from $124 billion in 2010 to $217 billion in 2016. Price volatility, supply concerns, and the environmental aspects of fossil fuels are expected to accelerate the pace of all non-fossil fuel development. At this writing, the price of oil has hit highs of more than $100 per barrel on the world market, while U.S drivers are paying nearly $4 per gallon of gasoline. Renewable domestic energy supplies are seen as a means of overcoming these problems. Biogas, a clean fuel derived primarily from waste materials, is an important alternative to conventional fossil energy.

This BCC Research report provides an in-depth analysis of the world market for the anaerobic digestion equipment used to transform waste materials into sustainable energy. Although energy crops are utilized widely in Germany and some other countries for biogas production, this study will only cover gas recovered from wastes. The study also examines the equipment needed to collect landfill gas (LFG), biogas formed naturally at landfill sites.

Four waste types are evaluated as feed materials for the waste-to-energy process: sewage, industrial wastewater, agricultural wastes (crop residuals and manure), and landfill gas. Three different end uses for the gas are also examined: municipal electricity production, on-site electricity (and heat) production, and transportation fuel.

The biogas industry is better developed in other parts of the world than in North America. In addition to the U.S. and Canada, this report will cover Europe, where the industry is best developed; Asia, where the largest number of plants are operating; Africa, where the anaerobic process is rapidly gaining popularity; and other world regions where biogas recovery is emerging.

The global market for biogas plant equipments was worth $3 billion in 2010. By 2016, it is estimated at nearly $8.6 billion and rising at a 5-year compound annual growth rate (CAGR) of 19.4%.

The North American market for biogas production equipment is valued at $510 million in 2011 and is forecast to reach nearly $1.2 billion by 2016, reflecting a CAGR of 17.7%.

The U.S. market value for AD equipments used in biogas production and landfill gas-to-energy collection systems is estimated at $352 million in 2011 and growing at a CAGR of 19.1% to 2016. At that rate, the market will reach $845 million by 2016.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6441689

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With over 300,000 research reports from more than 700 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. For more information, call Veronica Franco at 240-747-3016 or visit www.MarketResearch.com.

Add to DiggBookmark with del.icio.usAdd to Newsvine

Contact:
Veronica Franco
MarketResearch.com
Email Contact
240.747.3016

Customer comments

No comments were found for Biogas Plant Equipment Market to Grow 19% Annually Through 2016 . Be the first to comment!