Anaerobic Biodigester: Solution for generating clean energy
According to Goldstein Research, “Rising number of operational biogas plants in order to combat harmful greenhouse gas emissions and unsustainable waste management practices are accelerating the demand for biodigesters. As biogas is a substitute for fossil fuel and helps in reducing carbon footprints is majorly contributing in increasing installation of biogas plants and thus supporting the growth of biodigesters across the globe.”
Global Biodigester Market Outlook 2024
Global biodigester market is segmented on the basis of model type, technology, applications and by types of biodigesters. Model type is further categorized into microbial inoculums, high altitude model, glacier model, plain area model, island model, biotank model. Among these model type biotank model type widely accepted owing to its low cost, simple design for onsite construction and can be easily installed for a small house, society or community.
Global biodigester market is anticipated to exceed USD 11 billion by 2024, growing at a healthy CAGR during the forecast period. Government stringent environmental regulations to control greenhouse gas emissions are the major factor for the adoption of biodigesters across the world. European countries such as Germany, the UK and Sweden are witnessing wide adoption of anaerobic digestion technologies for generating a renewable form of energy. Moreover, Swachh Bharat Abhiyan in India, Gorge Farm AD power plant in Kenya which is Africa’s first grid-connected biogas-powered electricity plant, are promoting the demand for bio-digesters mainly in developing countries.
Agriculture Industry has huge potential for boosting the demand for biodigesters
As per Catalan Institute of Nanoscience and Nanotechnology, controlled introduction of iron oxide nanoparticles in the process of organic waste treatment can increase the biogas production by 200%. A biogas plant can only convert nearly 30 to 40 percent of organic matter and implementation of nanotechnology is expected to triple the biogas production. This is expected to increase the adoption of biogas plants and biodigesters in the near future. Market players are focusing on new biogas projects to enhance the power production and are likely to contribute to the growth of biodigesters market. For instance, Walmart installed biogas systems at two stores in southern California each with a capacity of 400kW, which can generate approximately 3.4 million kWh power annually.
Global Biodigester Market
The report contains a detailed overview of the global biodigester market in terms of market segmentation by model type, by technology, by type of biodigesters and by the application. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global biodigester market also provides competitive outlook of some of the major players of global biodigester market which includes profiling of companies such as Suez Environment Company SA, Eisenmann Corporation, DVO, Inc., Zero Waste Energy LLC, 3S, Organic Waste Systems Inc., CbS Technologies, CleanWorld, Anaergia Inc., Biowaz AS, Pure Energy Group, SEaB Energy Ltd., The TEG Group, CH4E Ltd, Paques, Veolia, GE Water & Process Technologies, Purac, Shandong Meiquan, ADI Systems, Bossco Environmental Protection Technology, Voith, Best Environmental Technology and Degremont. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global biodigester market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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