Biogas Market Size, Shares, Analysis, Growth And Segment Forecasts 2015 To 2022: Grand View Research, Inc

Global biogas market is anticipated to witness growth on account of widespread replacement of various conventional energy sources with renewable energy sources. Supporting government initiatives coupled with growing environment concerns particularly in developed regions including North America and Europe is likely to augment biogas demand over the next seven years. Increasing application scope of biogas in the transportation sector is anticipated to positively influence its market particularly in emerging economies including China and India. Biogas is widely used in gas engines to convert energy produced into heat and electricity. Growing biogas demand among municipalities, farmers and industrial processors in order to meet the fast growing energy requirement is likely to propel biogas market over the projected period. Additionally, volatility in crude oil prices coupled with depleting fossil fuels and supply issues is further anticipated to drive biogas demand.
http://www.grandviewresearch.com/industry-analysis/biogas-market