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Biogas is produced during anaerobic digestion of organic substrates such as manure, sewage sludge, organic fractions of household and industrial waste, and energy crops. Biogas mainly consists of methane and carbon dioxide, and it can be utilized as a renewable energy source in combined heat and power plants or as vehicle fuel or substitute for natural gas. Production and utilization of biogas have several environmental advantages. It reduces the release of methane to the atmosphere as compared with traditional manure management or landfills.
Biogas upgradation is gaining popularity across the world due to the growing adoption of renewable energy sources. Biogas technology can replace natural gas, which is extensively used across the globe. However, upgrading adds the costs of biogas production. It is, therefore, essential to have an optimized upgrading process in terms of low energy consumption and high efficiency. The development can also lead to lower methane emission, which is important from both an economical and environmental perspective. The exponential use of conventional fuel considerably deteriorated the ecosystem. To mitigate the severe threats of global warming, expansion, and adoption of renewable energy is a must. Therefore, new opportunities and growth chances are owing to the increased attention of renewable energy.
The biogas upgradation market is classified on the basis of technology and geography. Several techniques are used to upgrade biogas viz. pressure swing adsorption (PSA), membrane, water scrubber, chemical scrubber, and others. Water scrubbing is the most common upgrading technique, and several plants are commercially available for different suppliers in a broad range of capacities. It is one of the simplest and cost-effective methods, among other technologies.
Key Market Driver -
Paradigm shift towards embracing clean and renewable energy technology
Key Market Restraint -
Technology is still in nascent stage and expensive
Biogas upgradation has gained increased attention due to rising oil and natural gas prices and increasing targets for renewable fuel quotes in many countries likely to boost the market. Upgrading biogas generates new possibilities as an alternative to natural gas, which is extensively used across the world. Furthermore, renewable energy is gaining importance to mitigate the serious threats of global warming, which set to drive the biogas upgradation market.
Different technologies are used to upgrade biogas, which is still in the nascent stage and requires thorough research to increase its operational efficiency. The execution of biogas upgradation is quite expensive as compared to available conventional fuel sources, which expected to hinder the growth of the market.
Some of the major companies of biogas upgrading are Air Products, Air Liquide, Greenlane Renewables In., Asia Biogas Group, Clarke Energy, Axiom, Carbotech Gas System GmbH, Biogas Purifier, Ramboll, and Bright Biomethane.
The global biogas upgradation market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is experiencing moderate growth owing to strong government policies to support clean energy development. The National Renewable Energy Laboratory of the U.S. Department of Energy (DoE) striving to develop advanced technology to increase the efficiency of biogas upgradation. Europe is projected to lead the global biogas upgration market on account of the massive adoption of technique by European countries.
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European Union is committed to reducing its carbon emission by embracing clean energy technologies which likely to provide impetus to the market. The Asia Pacific is one of the emerging and higher energy consumer region. India and China are substantial energy consumer countries in the world owing to population explosion. Both countries are trying to be self-reliant in terms of energy producers through renewable energy technologies. Middle East & Africa demonstrates slight growth due to technological challenges and high cost.
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