Market revenue in 2023 | USD 3,754.6 million |
Market revenue in 2030 | USD 5,807.1 million |
Growth rate | 6.4% (CAGR from 2023 to 2030) |
Largest segment | Municipal |
Fastest growing segment | Municipal |
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.
Municipal was the largest segment with a revenue share of 40.92% in 2023. Horizon Databook has segmented the Latin America biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for biogas in the region is primarily driven by Brazil, which accounts for the highest share in feedstock production amongst the Central & South America (CSA) countries. The major factors behind considerable growth of the CSA biogas market' include increasing government initiatives toward energy security and energy independence.
Moreover, high dependence on depleting fossil fuels has compelled governments in the region to look for their alternatives. Moreover, the biogas market is expected to witness growth owing to the continuing improvement in the quality of biogas to bio-methane for injection into natural gas pipelines or usage as a motor fuel.
Landfill gas, which is a natural consequence of garbage decomposition, is a type of greenhouse gas. The plant, which is located near a Rumpke Waste and Recycling dump, absorbs gas and transforms it to power, heat, or renewable natural gas.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America biogas market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America biogas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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