Richmond, Feb. 27, 2024 (GLOBE NEWSWIRE) -- According to a research report “India Biogas Market”, by Feedstock (Wood & Wood residues, Agricultural Residues, Energy Crops, Processed Waste, Animal Waste and Others), Technology (Gasification, Fast Pyrolysis, Fermentation and Others), Application (Power Generation, Heat Generation, Transportation and Others) India Forecast to 2030.
Global India Biogas Market Report Scope:
| Report | Details |
| Market size value in 2023 | USD 1.55 Billion |
| Market size value in 2030 | USD 2.50 Billion |
| CAGR (2023-2030) | 7.0% |
| Forecast Period | 2023–2030 |
| Historic Data | 2019 |
| Forecast Units | Value (USD Million/USD Billion) |
| Segments Covered | Feedstock, Technology, Application and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and RoW |
| |
| |
| Sample of Companies Covered |
|
| |
|
Download the Sample - https://www.marketdigits.com/request/sample/4485
TOC Covers in Depth & Breath on India Biogas Market
170 - Market Data Tables
65 - List of Figures
225 – Pages
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional FootPrint by MarketDigits.
Market Overview
The India Biogas Market is witnessing a significant growth and development in the recent years, driven by a confluence of factors such as increasing awareness of environmental sustainability, government initiatives promoting renewable energy, and the need for alternative sources of energy. Biogas, a renewable energy source derived from the anaerobic digestion of organic waste, has emerged as a promising solution to address both energy security and waste management challenges in the country. One of the key drivers behind the growth of the India Biogas Market is the government's commitment to promoting clean energy through various policies and incentives. The National Biogas and Manure Management Program (NBMMP) has been instrumental in encouraging the adoption of biogas plants across the country. Subsidies and financial support provided by the government have incentivized farmers, rural households, and industries to invest in biogas infrastructure. This has not only contributed to reducing dependence on traditional fossil fuels but has also generated employment opportunities in the renewable energy sector.
Major vendors in the India Biogas market:-
- ADM
- ARMATEC FTS
- ATMOS POWER
- Babcock & Wilcox Enterprises
- Biofics Clean Energy Fuels
- Era Hydro-Biotech Energy
- Fortum
- Hitachi Zosen Corporation
- Jog Waste to Energy
- KOSHISH
- Royal Dutch Shell
- Urja Bio System
Request for Discount @ https://www.marketdigits.com/request/discount/4485
Environmental Awareness and Climate Change Mitigation
Environmental awareness and climate change mitigation have emerged as powerful drivers of the India Biogas Market. With an increasing recognition of the detrimental impacts of traditional energy sources on the environment, there is a growing sense of urgency to adopt sustainable alternatives. Biogas, derived from organic waste through anaerobic digestion, presents a compelling solution by simultaneously addressing waste management challenges and reducing greenhouse gas emissions. As environmental concerns take center stage, government initiatives, coupled with heightened public awareness, are propelling the demand for biogas. The India Biogas Market is strategically positioned to capitalize on this momentum, offering a cleaner and more sustainable energy source that aligns with the country's commitment to combatting climate change.
Market Dynamics
Drivers:
- Environmental Awareness and Climate Change Mitigation
- Advancements in Biogas Technology
Opportunities:
- Integration with Existing Infrastructure
- Increasing Focus On Upgrading Biogas To Biomethane
Integration with Existing Infrastructure
The integration of biogas technology with existing infrastructure presents a significant opportunity for the India Biogas Market. As the nation seeks innovative solutions to meet its energy needs, leveraging and adapting current infrastructure can enhance the scalability and efficiency of biogas projects. The compatibility of biogas production with various sectors, including agriculture and wastewater treatment plants, allows for seamless integration. By incorporating biogas into existing energy grids or utilizing it for captive consumption in industries, there is potential for a smoother transition towards sustainable energy practices. This integration not only optimizes resource utilization but also minimizes the costs associated with establishing entirely new systems. As India strives for comprehensive energy solutions, aligning biogas technology with existing infrastructure offers a strategic pathway to widespread adoption and success in the renewable energy landscape.
The Animal Waste segment is anticipated to hold the Largest Market Share during the Forecast Period
Despite being somewhat overshadowed by technological advancements, the continually evolving agricultural sector remains a crucial element of the economy. The livestock industry, including sheep, cattle, and poultry, is expanding annually, resulting in a substantial increase in animal waste production. Indeed, over 55 billion tons of manure are generated each year from animal feeding operations. Without proper collection, storage, and management, this animal waste has the potential to cause soil, water, and air pollution. Animal waste generated from breeding activities, a characterization of manure, and an overview of commonly employed methods for applying raw manure to the soil. Additionally, the more sustainable management practices, including biological stabilization through composting, energy recovery through anaerobic digestion and gasification, and promising results related to insect-driven biological degradation. These practices are gaining popularity as research topics, offering the opportunity to utilize animal waste as a valuable resource for the production of safe fertilizers, energy, and by-products.
Inquire Before Buying: https://www.marketdigits.com/request/enquiry-before-buying/4485
Browse Similar Reports:
Biogas Plant Market 2030 By Type, Distribution Channel, End-user and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits
Waste-Derived Biogas Market 2030 By Type, Distribution Channel, End-user and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits
Renewable Natural Gas Market 2030 By Feedstock Type (Biogas, Landfill Gas, Agricultural Waste, Wastewater Treatment Plants (WWTP) Gas, Forest Residues), Production Method (Anaerobic Digestion, Thermal Gasification, & Others), Application, End-use & Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits
About MarketDigits:
MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that a market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.
We offer services that are most relevant and beneficial to the users, which help businesses to sustain themselves in this competitive market. Our detailed and in-depth analysis of the markets catering to strategic, tactical, and operational data analysis & reporting needs of various industries utilize advanced technology so that our clients get better insights into the markets and identify lucrative opportunities and areas of incremental revenues.
Contact Us:
MarketDigits
1248 CarMia Way Richmond,
VA 23235,
United States.
USA: +1 847 450 0808
Email: sales@marketdigits.com
Web: https://www.marketdigits.com
Follow Us on: | Twitter | LinkedIn |
