Infinium Global Research has added a new report on Biogas
Upgrading Market. The report presents analysis of global as well as
regional markets of biogas upgrading market over the period of 2016 to 2024. Biogas is a biofuel that
is naturally produced by the decomposition of organic matter. Naturally
obtained biogas produced, contains 60% methane and 29% carbon dioxide with
trace elements of Hydrogen Sulfide. The corrosive nature of Hydrogen Sulfide
can destroy the internals of a plant. The use of biogas upgrading processes
removes the contaminants in the raw biogas stream leaving more methane per unit
volume of gas and using it as fuel gas for machinery. The energy content of
biogas is in direct proportion to the methane concentration and by removing
carbon dioxide and Hydrogen Sulfide in the upgrading process, the energy
content of upgraded biogas becomes comparable to natural gas.
The rise in demand for an alternative transportation fuel and
organic waste management are the major driving factors for the growth of biogas
upgrading market. The gases methane, hydrogen, and carbon monoxide
(CO) present in biogas can be combusted or oxidized with oxygen. This
energy release allows biogas to be used as a transportation fuel
in a gas engine to convert the energy in the gas into
electricity and heat. However, the upgradation in the biogas plant increases
the cost of biogas which acts as a challenge for the growth of biogas upgrading
market. Moreover, the rising environmental concerns and exploitation of biogas
as a transportation fuel are expected to increase the growth of biogas
upgrading market. By geography, European regions hold the largest market
share in the biogas upgrading market. North America is one of the
fastest growing biogas market owing to the developments in the renewable energy
sector. In addition, Asia Pacific countries like India, China, and Japan are
also expected to gain rapid development in the global biogas market owing to
the stringent government regulations in reducing the carbon footprints. Moreover,
the growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global biogas upgrading market but
also make strategic decisions to capture the most lucrative markets in the near
future. The market size is presented in terms of value for the historic year
2016 and estimated for forecast period of 2018-2024.
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The recent report identified that Europe dominated the global
biogas upgrading market over the last couple of years, while emerging markets
of Asia-Pacific and Latin America are anticipated to contribute significantly
to the growth in the biogas upgrading market worldwide.
The report segments the global biogas upgrading market on the
basis of Technology.
Global Biogas Upgrading Market by Technology
·
Water Scrubbing
·
Pressure Swing Adsorption
·
Selexol Adsorbtion
·
Amine Gas Treating
·
Membrane
Companies Profiled in the Report
·
Air Liquide
·
CarboTech
·
Cirmac
·
Flotech Sweden AB
·
Gasrec
·
GtS
·
Prometheus
·
Xebec (QuestAir)
·
Malmberg Water
·
MT-Energie
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