Spain Biogas Market Size & Outlook, 2023-2030
Spain biogas market, 2018-2030 (US$M)
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Spain biogas market highlights
- The Spain biogas market generated a revenue of USD 3,803.3 million in 2023 and is expected to reach USD 4,721.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
- In terms of segment, municipal was the largest revenue generating source in 2023.
- Municipal is the most lucrative source segment registering the fastest growth during the forecast period.
Biogas market data book summary
| Market revenue in 2023 | USD 3,803.3 million |
| Market revenue in 2030 | USD 4,721.3 million |
| Growth rate | 3.1% (CAGR from 2023 to 2030) |
| Largest segment | Municipal |
| Fastest growing segment | Municipal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Spain accounted for 5.8% of the global biogas market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK biogas market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 3,293.2 million by 2030.
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Biogas Market Scope
Biogas Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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.
Municipal was the largest segment with a revenue share of 50.4% in 2023. Horizon Databook has segmented the Spain biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
Spain has become a major player in the solar PV and wind power market owing to supportive policies and financial tools provided by the government from 2008 onwards. However, similar growth was not observed in the biogas sector owing to the lack of supportive policies in the country.
According to a study commissioned by Naturgy in 2018, the largest natural gas distributor in Spain indicated a potential of around 26.6 gigawatt-hours (GWh) of biogas in the country. Due to the aforementioned factors, the Spanish government made the necessary changes in the policy support available for biogas in the country.
As a result, the gas sector in the country has shown interest in buying biogas and finance the opening of facilities for biogas production in the country.
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Our clientele includes a mix of biogas market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain biogas market , including forecasts for subscribers. This country databook contains high-level insights into Spain biogas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain biogas market size, by source, 2018-2030 (US$M)
Spain Biogas Market Outlook Share, 2023 & 2030 (US$M)
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