Global Biomethane Market : Forecast up to 2029
世界のバイオメタン市場 : 生産、技術(嫌気性消化、熱ガス化など)、原料(都市固形廃棄物、農業、エネルギー作物など)、最終用途(輸送用燃料、発電など)、地域別分析、市場規模と動向 – 2029年までの予測
Global Biomethane Market: Analysis By Production, By Technology (Anaerobic Digestion, Thermal Gasification, and Others), By Feedstock (Municipal Solid Waste, Agriculture, Energy Crops, and Others), By End-Use (Transport Fuel, Power Generation, and Others), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2029
The global biomethane market was valued at US$3.66 billion in 2023. The market value is expected to reach US$5.63 billion by 2029. Biomethane is a renewable and sustainable form of energy. Derived from organic sources such as agricultural waste, food scraps, and animal manure, biomethane is a purified form of biogas, primarily composed of methane.
The global biomethane industry is fragmented. The key players in the global biomethane market are:
- Veolia Group
- EnviTec Biogas AG
- ENGIE
- E.ON SE (E.ON Bioerdgas GmbH)
- Verbio SE
- Greenlane Renewables Inc.
- Landwärme GmbH
- PlanET Biogas Group
- The AB Group
- Future Biogas Limited
- Bioenergy Devco
- Renergon International AG
In the competitive landscape of the biomethane market, players are adopting various strategies to expand their market share and gain a competitive edge. For instance, on April 25, 2024, TotalEnergies and Vanguard Renewables signed an agreement to create an equally owned joint venture to develop, build and operate Farm Powered® renewable natural gas (RNG) projects in the US. TotalEnergies and Vanguard Renewables would advance 10 RNG projects into construction over the next 12 months, with a total annual RNG capacity of 0.8 TWh (2.5 Bcf). On the other hand, on April 25, 2024, Brimex Energy, a joint venture between Mexico-based Grupo Serrano and England-based Farmergy, obtained the first permit in Mexico for the production of biomethane. The permit authorizes the production and storage of biomethane.