Asia Pacific Biogas Market Size & Outlook, 2023-2030
Asia Pacific biogas market, 2018-2030 (US$M)
Related Markets
Asia Pacific biogas market highlights
- The Asia Pacific biogas market generated a revenue of USD 24,564.0 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, agriculture was the largest revenue generating source in 2023.
- Agriculture is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 24,564.0 million |
| Market revenue in 2030 | USD 36,348.0 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Agriculture |
| Fastest growing segment | Agriculture |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Municipal, Industrial, Agriculture |
| Key market players worldwide | Viessmann, Air Liquide SA, Homebiogas, Xebec Adsorption, DMT Clear Gas Solutions, PlanET-Biogas, Biokraft International, TotalEnergies SE |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.5% of the global biogas market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 5,807.1 million by 2030.
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Biogas Market Scope
Biogas Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific biogas market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biogas market will help companies and investors design strategic landscapes.
Agriculture was the largest segment with a revenue share of 45.43% in 2023. Horizon Databook has segmented the Asia Pacific biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific biogas market is still in its initial development phase and is likely to witness the fastest growth over the forecast period. The primary reasons for the region's high growth include the increased demand for biogas and the growing investments by both public and private sectors for the development of biogas technologies.
The solid waste generated yearly across the globe is over 2 billion tons, and about 40% of the solid waste is generated from Pacific and Southeast Asian countries. Hence, the region can produce biogas and resolve the issues that are related to waste management and climatic changes.
In addition, the high demand for energy and strict environmental regulations are assisting the growth of Asia Pacific biogas market. The increasing investments from public and private sectors in China for biogas production are driving the development of the market.
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Target buyers of Asia Pacific biogas market databook
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Our clientele includes a mix of biogas market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific biogas market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific biogas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific biogas market size, by country, 2018-2030 (US$M)
Asia Pacific Biogas Market Outlook Share, 2023 & 2030 (US$M)
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