Biogas Market to Reach 39,845.58 KTOE by 2023, Boosted by Demand for Biogas from Europe: Transparency Market Research
The new report published by Transparency Market Research, ‘Biogas
Market (By Application - Electricity & Heat, Vehicle Fuel, and Others) -
Global Industry Analysis, Size, Share, Growth Trends and Forecast 2015 -
2023’, studies the global biogas market. Demand for biogas from
Europe will propel the global
biogas market at a 6.56% CAGR during the forecast period. The global
biogas market was valued at 22,488.00 KTOE in 2014 and it is expected to
reach 39,845.58 KTOE by 2023.
The global biogas market is segmented on the basis of geography and
applications. By geography, the global biogas market is segmented into
Europe, Asia Pacific, North America, and Rest of the World. The global
biogas market was dominated by Europe in 2014, followed by Asia Pacific.
In terms of volume, the Europe biogas market was the biggest regional
segment in 2014 with a 60% market share. The Asia Pacific biogas market
is positioned to develop fast during the forecast period.
Get Sample Copy of this Research Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5630
By application, the global biogas market is segmented into vehicle fuel,
electricity and heat, and others. The electricity and heat segment was
titled as the leading segment in 2014 with a 50% share in the global
market. Emerging markets from across the globe have adopted the changing
trends in renewable sources of energy, which has augmented the demand
for biogas in various applications.
Browse Article: http://www.transparencymarketresearch.com/article/biogas-market.htm
Due to it being a clean fuel, biogas has gained a momentous share in the
global energy scenario. Consumption of biogas is expected to grow in the
coming few years. Rising GHG emissions, increase in the number of
natural gas vehicles, and development of several new biogas plants have
allowed the global biogas market to grow rapidly.
Browse Market Research Report with ToC & Free Analysis: http://www.transparencymarketresearch.com/biogas-market.html
Transparency Market Research (TMR) is a market intelligence company
driven by high-pedigree consultants and researchers. TMR leverages its
Syndicated Research, Custom Research, and Market Consulting expertise to
help businesses make accurate decisions. TMR’s exclusive blend of
quantitative forecasting and trends analysis draws on proprietary data
sources and techniques, while their data repository is continuously
updated to reflect the latest trends.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151006006253/en/
Copyright Business Wire 2015
Source: Business Wire
(October 6, 2015 - 9:44 AM EDT)
News by QuoteMedia