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          Methane Digester System Market Size Forecast to Reach $12.1 Billion by 2027

          admin by admin
          March 13, 2022
          in Press Releases
          Methane Digester System Market Size Forecast to Reach $12.1 Billion by 2027
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          Methane Digester/Methane Digester System Market

          (EMAILWIRE.COM, March 13, 2022 ) The Global Methane Digester/ Methane Digester System Market size is forecast to reach $12.1 billion by 2027, growing at a CAGR of 6.2% from 2022 to 2027. Growing demand for renewable energy resources, rising energy costs and environmental benefits of using biogas such as reduced emission of greenhouse gases and indoor air pollutants are attributed to the market growth. Methane Digester/Methane Digester System is a part of anaerobic fermentation process and produces energy-rich biogas, serving a broad range of application areas including cooking, heating, electricity production and many others. Anaerobic digester biogas recovery systems in livestock facilities are considered to be a cost-efficient resource of clean, renewable energy, which are capable of reducing Greenhouse Gas (GHG) emissions, adding to its market growth overtime. Rising expansion of biogas industries along with favorable energy and environmental laws to meet the growing green fuel sources demand are some of the prime factors boosting the global Methane Digester/Methane Digester System Market in the long run.

          Methane Digester/Methane Digester System Market Segment Analysis By Feedstock

          By feedstock, Methane Digester/Methane Digester System Market has been segmented into organic waste, energy crop and others. Organic waste segment is analyzed to grow with the highest CAGR of 7.5% in the global Methane Digester/Methane Digester System Market during the forecast period 2022-2027. Rising utilization of feedstock with no commercial value, such as urban and industrial organic waste, sewage, manure, animal waste, and agricultural by-products is contributing towards the market growth of biogas system. The growth in number of operational methane digester facilities using food waste or farm waste in UK is supported by measures such as feed-in tariffs and renewable heat incentive. Due to capability of methane digesters, as like promoting the synergies between organic waste and renewable energy as a part of supporting decarbonization of transport, heat and power they have been gaining wide popularity in the varied end use applications. Furthermore, factors including construction or renovation projects related to anaerobic digesters, rising shift towards biogas conversion of agricultural wastes to reduce greenhouse emissions and so on can also help in aiding its market growth overtime. According to, AgSTAR Livestock Anaerobic Digester Database 2020 report, 38 anaerobic digestion systems were under construction or undergoing modification to upgrade biogas to renewable natural gas (RNG). According to a report of Multidisciplinary Digital Publishing Institute (MDPI), published on October 2020, the estimated Greenhouse gas emission savings were equal to 2,862,533 Mg CO2eq/yr. The reduction in GHG has been possible due to the fact that agri-food and agricultural waste have been converted into biogas rather than opting for landfilling. According to U.S. Environment Protection Agency (EPA), in January 2019 there were 248 operating methane digesters on livestock farms in the United States which help farmers to manage nutrients, reduce odors, and generate additional farm revenue. Such factors are analyzed to contribute towards the growth of the global Methane Digester/Methane Digester System Market in coming years.

          Methane Digester/Methane Digester System Market Segment Analysis – By Application

          By application, Methane Digester/Methane Digester System Market has been segmented into Heating, Combined heat and Power (CHP), Electricity generation, Vehicle Fuel and Others. Electricity generation dominated the global Methane Digester/Methane Digester System market with a share of 38% in 2021 and is also anticipated to have a significant growth during 2022-2027. Increasing urbanization, industrialization as well as electrification of transportation have increased the demand for electricity exponentially across the globe. In North America, there has been a huge growth in adopting methane digesters, as a part of biogas conversion from agricultural, Industrial and urban wastes. According to the U.S. Energy Information Administration (EIA), more than 60 waste treatment facilities in the United States produced a total of about 1 billion kWh of electricity in 2020. In October 2021, The Al-Ahsa Municipality in Saudi Arabia announced about the launch of a project to produce electricity from biogas at an old landfill in Eastern Province city. This fully operational plant is estimated to produce 560 kilowatts of electricity, as a part of improving the public road lighting leading to landfills, while powering the existing buildings in the area as well. Such new project developments are poised to create significant growth opportunities for the market during 2022-2027.

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          Methane Digester/Methane Digester System Market Segment Analysis – By Geography

          By geography, Methane Digester/Methane Digester System Market has been segmented under North America, Europe, APAC, South America and RoW. North America dominated the global Methane Digester/Methane Digester System Market with a share of 36% in 2021. Factors such as growing investments in biogas plant expansion, favorable government initiatives towards protecting the natural resources as well as rising environmental concern are attributed towards market growth in this region. According to U.S. Environmental Protection Agency (EPA) 2020 report, more than 1200 water resource recovery facilities have methane digesters as part of waste water treatment process in order to produce biogas. In June 2019, GESS International had revealed about its plans of investing $240 million in Cassia County in order to construct six anaerobic digester facilities, as a part of company’s first tranche biogas plants within US. APAC is analyzed to emerge as the fastest growing region in the global Methane Digester/Methane Digester System Market with a CAGR of 6.8% during 2022-2027. Growing demand for renewable energy sources and stringent government policies to curb pollution are contributing towards market growth in this region. According to World Biogas Association report, in May 2020, National Environment agency (NEA) of Singapore announced a US$ 1.5 billion contract to establish Tuas Nexus Integrated Waste Management Facility (IWMF) with an AD capacity of 400 tons/day. In November 2020, Ministry of Petroleum and Natural Gas, India had revealed about signing MoU with some of the leading energy companies including JBM Group, Adani Gas, Torrent Gas and Petronet LNG regarding establishment of compressed bio-gas (CBG). This includes an investment of around INR 2 trillion, which will help in setting up 5000 CBG units, aimed to be completed by 2023-2024. Such factors are analyzed to accelerate the growth of global Methane Digester/Methane Digester System Market in the coming years.

          Methane Digester/Methane Digester System Market Drivers

          Growing demand towards biogas energy conversion owing to rise in feedstock or organic waste generation, positively impacts the market growth of methane digesters

          Growing demand towards biogas energy conversion owing to rise in feedstock or organic waste generation is the key factor driving the growth of the market. Limited supply of conventional fossil raw materials and their adverse environmental implications on air quality and rise in organic waste have necessitated the requirement for biogas energy conversion. Rising adoption of waste-to-energy technology assists in the production of biogas from organic-rich waste streams via anaerobic digestion process. Such economically viable and technically feasible process promotes sustainability and meet global renewable energy demand, while limiting risks pertaining to landfilling. According to a 2020 report of MDPI, wet waste feedstock in the U.S. is capable of producing energy resource of 42.9 billion liter gasoline per year. Conversion of these wet waste feedstocks into useful products, such as biogas (methane and carbon dioxide) creates significant opportunity for renewable energy and is set to fuel the market growth in the long run. In August 2020, a French infrastructure firm Meridiam announced about the acquisition of Idaho anaerobic digester with an amount of US$ 35 million to enter biogas project in North America. Such factors will eventually drive the market growth of methane digesters in the coming time.

          Rising establishment or expansion projects related to biogas plants is driving the market demand for methane digesters

          Rising establishment or expansion projects related to biogas plants is analyzed to drive the market demand for methane digesters between 2022 and 2027. Growth in biogas industries is majorly driven by the factors such as stringent environment policies and rising concern to decarbonize gas sector while reducing agriculture emissions. Various government regulations or initiatives like Renewables Obligation (RO), Feed-In Tariff (FIT) and so on, can be considered a prime factor towards biogas electricity generation, leading to expansion of biogas facilities or plant projects in the U.K. As per American biogas council (ABC), US generates millions of tons of organic waste including manure, agricultural waste, food scraps, along with billions of gallons of wastewater annually. According to ABC’s report, published on March 2021, there are more than 2200 ongoing projects within 50 states in the U.S biogas market. In February 2020, California dairy farms announced about their collaboration with Southern California Gas, as a part of converting cow manure into renewable natural gas with an aim to reduce dairy greenhouse emissions by 30% by 2030, through establishment of a biogas plant facility ensuring use of methane digesters. Such factors are further set to propel the market growth of Methane Digester/Methane Digester System in the long run.

          Direct Purchase @ https://www.industryarc.com/purchasereport.php?id=19380

          Methane Digester/Methane Digester System Market Challenges

          Foaming issue of Methane Digester/Methane Digester System hinders its market growth

          Foaming is one of the most common challenges in Methane digester system, which is also responsible for the huge financial loss in Biogas industries. Methane Digester/Methane Digester System foaming results in reduction of biogas production up to 40%, equipment damage, rapture of digester tanks and others, which in turn contribute towards operational failure with work disruptions The rupture of the vessel leads to extreme damage of the methane digester by releasing hazardous material and demand extensive, costly repairs as well. This foaming issue can last from a few days to several weeks and lead to huge production loss. Such factors are analyzed to hamper the growth of the market.

          Methane Digester/Methane Digester System Market Landscape

          Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Methane Digester/Methane Digester System market. Methane Digester/Methane Digester System top 10 companies include:

          Regenis

          Blue Sky Bio

          NVP Energy

          Integrated Lipid Biofuels

          South Jersey Industries

          BioEnergy Devco

          Future Biogas Limited

          Quantam Green

          AB Holding SPA

          WELTEC Biopower GmbH

          Acquisitions/Product Launches

          In November 2021, South Jersey Industries (SJI), an energy infrastructure firm announced about its collaboration with REV LNG, in order to set up an anaerobic digester at the largest dairy farm in Connecticut.

          In June 2020, Bioenergy Devco announced about entering into an agreement with Chesapeake Utilities Corporation (CPK), in order to bring renewable natural gas to its customers as a part of creating sustainable as well as carbon-negative energy source to expand utility portfolios.

          Key Takeaways

          Organic waste is analysed to witness highest growth in the global Methane Digester/Methane Digester System Market during 2022-2027, due to the growing shift towards conversion of agricultural and industrial wastes into biogas, rather than landfilling.

          North America Methane Digester/Methane Digester System Market held the largest share in 2021, attributing to factors like growing demand for producing renewable energy from organic feedstock, favourable government initiatives to protect the natural resources and others.Growing demand towards biogas energy conversion owing to rise in feedstock or organic waste generation and rising establishment or expansion projects related to biogas plants are analyzed to significantly drive the global Methane Digester/Methane Digester System market during the forecast period 2022-2027.

          Relevant Report Title:

          Renewable Fuel Materials Market
          https://www.industryarc.com/Report/18251/renewable-fuel-materials-market-research-report-analysis.html

          For more Energy and Power Market reports, please click here

          About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



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