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The global market for anaerobic digesters and landfill gas equipment was estimated at nearly $4.5 billion for 2013. BCC Research projects the market to grow to $7 billion by 2018, and register a five-year compound annual growth rate of 9.4% from 2013 to 2018.
Wellesley, Mass (PRWEB) February 17, 2014
According to a new technical market research report Waste-Derived Biogas: Global Markets for Anaerobic Digestion Equipment, from BCC Research (http://www.bccresearch.com), the global market for anaerobic digesters and landfill gas equipment was estimated at nearly $4.5 billion for 2013. BCC Research projects the market to grow to $7 billion by 2018, and register a five-year compound annual growth rate of 9.4% from 2013 to 2018.
Renewable, sustainable energy generation is expected to be the fastest-growing energy sector over the next two decades. Price volatility, supply concerns and the environmental aspects of fossil fuels are expected to accelerate the pace of all nonfossil fuel development. Experts predict that the future price of oil will not drop below $80 per barrel, even for resources from unconventional oil reserves.
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. Governmental regulations and environmental concerns will drive significant near-term growth in this market.
This technical market research report from BCC Research provides an overview of the world market for the anaerobic digestion equipment used to transform waste materials into sustainable energy. The scope of this report includes the market for biogas to energy for four different feed sources: municipal and domestic sewage, industrial wastewater, landfill gas, and agricultural wastes, a category that includes animal manures and crop residues. In countries where energy crops are codigested with manure and other organic farm wastes, they are considered to be part of the market. The biogas market also is broken down by end use: municipal power generation, on-site heat and power production, and transportation applications.
A discussion of the market by world region includes overviews of North America, Europe, Asia, Africa and Latin America and individual profiles for countries most active in each region. Present market status, biogas production potential, and policies and incentives that support the industry are provided for each country. All market valuations and projections cover the years from 2000 to 2018. Market figures are based on the revenues derived from equipment sales and are projected in 2013 constant dollars (i.e., inflation is not computed into the projection figures). The revenue figures are derived from estimated revenues of the key players in a particular year. In addition, a technology overview, presentation on the structure of the industry, and brief profiles for major participating companies are also included.
This study is intended to be useful to a broad audience. Because they stand to see the greatest profit from expansion of the biogas industry, manufacturers and suppliers of anaerobic digesters and providers of anaerobic digestion technology will likely benefit the most from the data contained in this study. Companies with plant components, ancillary equipment and related products also will profit from the information collected here. These include manufacturers and suppliers of biogas condensation and upgrading equipment and technology, biogas distributors, water and power engineering firms, suppliers of power plants and electricity generating equipment, environmental management firms, companies specializing in anaerobic digestion equipment and other water and wastewater treatment equipment, and companies developing additives (chemicals, enzymes, etc.) to enhance gas production yields and process efficiencies.
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