The latest report on Biogas Upgrading Market by Infinium Global Research gives complete coverage of the Biogas Upgrading Market by technology (water scrubbing, pressure swing adsorption, selexol adsorbtion, amine gas treating and membrane), region (North America, Europe, Asia-Pacific, and Rest of the World) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Biogas Upgrading such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Biogas is a Biofuel that is Naturally Produced by the Decomposition of Organic Matter
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.
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The Rise in Demand for Alternative Transportation Fuel and Organic Waste Management are the Major Driving Factors for the Growth of Biogas Upgrading Industry
The rise in demand for 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.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Biogas Upgrading.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.