Surge in the Production of Automobiles to Buttress Demand for Bio methane

Published on : Jan 10, 2019

Albany, New York, January 10, 2019: With a footprint across regions, bio methane provides a range of positive externalities which when completely harnessed, will assist in securing long-term future of the industry. Bio methane will fortify the development of sustainable mobility solutions in the transport sector by the use of bio methane vehicle fuel (bioNGV) in the form of bioLNG or bioCNG.

Escalating production of automobiles is projected to propel the demand for bio methane during the assessment period. Besides, bio methane makes it possible to strongly establish recycling process and waste management. These excerpts are according to the report titled, “Bio methane Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026,” which has been lately included in the exhaustive repository of Market Research Hub (MRH). With these probable evolutions and harnessing of positive externalities, the growth of a durable and strong bio methane market is expected for the forecast period 2018-2026.

Growth in the industrial sector and increasing infrastructural development activities have bolstered the demand for electricity. In a bid to meet the soaring demand for electricity, countries across regions have augmented their electricity generation capacity through developing existing plants capacity and establishment of new plants. Concern with respect to waste management and widespread presence of feedstock are estimated to encourage companies to invest in bio energy industry.

Acquisitions and Mergers

Germany based EnviTec Biogas AG accorded with a China based partner firm in September 2018 for augmentation of the biogas industry in China.  This is EnviTech’s fifth vibrant construction project in China. At the same time, Evergaz expanded its footprint in Germany by acquiring bio methane plant of BayWa R.E. in lower Saxony. The impact of fossil fuels in the environment has provided viable opportunities for the companies operating in the bio methane market. With an investment of almost EUR 455 million, the U.K. plans to build close to 50 new bio methane plants by 2020. 

Bio methane Market: Report Content

The report provides a comprehensive analysis of bio methane market through quantitative and qualitative analysis for the forecast period 2018-2026. The report further delves into the drivers, restraints, trends and opportunities that impact the growth of bio methane market. The report also includes segregation of the market on the basis of feedstock, production method, application and region.

The final section of the report provides competitive landscape of bio methane with a dashboard view incorporating company overview, financial overview, major differentiators, product portfolio and strategies. Porters’ Five Force Analysis has been incorporated in the report to provide in-depth analysis on bio methane market.

Bio methane Market: Research Methodology

The research methodology in this report includes primary sources, secondary resources and assessment from expert panel for the forecast period 2018-2026. Primary sources encompass telephonic interviews, e-mail interactions and face to face interviews. Whereas, the secondary sources incorporate annual reports, national government documents, SEC filings, investors’ presentation, World Bank database, internal and external proprietary database, market reports, industry white paper, regulatory database and statistical database. With the view to furnish readers with unbiased and authentic report, expert panel rigorously assesses the report.  The analysis of revenue forecast has been done on the basis of absolute dollar opportunity analysis.  

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