Market revenue in 2023 | USD 26,413.5 million |
Market revenue in 2030 | USD 32,161.6 million |
Growth rate | 2.9% (CAGR from 2023 to 2030) |
Largest segment | Agriculture |
Fastest growing segment | Industrial |
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 |
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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 43.09% in 2023. Horizon Databook has segmented the Europe biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
The European biogas market is growing owing to technological developments and increasing investments in the region's refinery industry. Companies across Europe are investing huge capital in the research & development of biogas production from existing sources and planning to increase the share of feedstock in the next few years, which is expected to fuel the market growth in the region.
The governments and different organizations in Europe are initiating projects to promote and encourage the use of biogas actively. Moreover, the high rate of depletion of fossil fuels in the region creates plenty of growth prospects for the biogas market.
European Union has set a target to utilize more renewable energy as compared to fossil fuels. The government's focus on decreasing carbon emissions is also presenting growth opportunities for the European biogas market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe biogas market , including forecasts for subscribers. This continent databook contains high-level insights into Europe biogas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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