Biogas Market to Reach $88.6 billion, Globally, by 2032 at 4.2% CAGR: Allied Market Research
PORTLAND, Ore., April 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Biogas Market by Source (Landfill Gas, Livestock Waste, Municipal Waste, and Others) and Application (Power Generation, Co-Generation, Buildings, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the "biogas market" was valued at $59 billion in 2022, and is estimated to reach $88.6 billion by 2032, growing at a CAGR of 4.2% from 2023 to 2032.
- Municipal solid waste (MSW) can be a valuable feedstock for biogas production through anaerobic digestion, offering a sustainable and environmentally friendly solution for waste management and renewable energy production.
- Let's explore the potential of using municipal waste for biogas production, its benefits, challenges, and opportunities.
- Municipal waste is generated continuously, providing a consistent and reliable supply of feedstock for biogas production.
- India has a significant potential for biogas production due to its large agricultural sector and substantial organic waste generation.