Home > Energy & Power > Renewable Energy > Biogas > Europe Biogas Market
Europe Biogas Market size in 2018, was over USD 3 billion and annual capacity addition is anticipated to exceed 1 GW by 2025.
Shifting trends toward utilization of clean energy resources coupled with aims to achieve energy diversity will drive the market size. Respective governments across the EU are focusing toward reducing dependence on the fossil fuel imports which will further enhance the business growth. For instance, the EU imported over 180 billion cubic meters of natural gas from Russia in 2017.
Favorable government initiatives toward utilization of renewable energy resources will stimulate the Europe biogas market growth. Stability and reliability of support schemes across key economies in the region has led to an increased production of biogas. Countries across the region have announced nationally determined targets toward clean fuel adoption which will further complement the business landscape.
Report Attribute | Details |
---|---|
Base Year: | 2018 |
Europe Biogas Market Size in 2018: | 3 Billion (USD) |
Forecast Period: | 2019 to 2025 |
Forecast Period 2019 to 2025 CAGR: | 10.4% |
2025 Value Projection: | 6 Billion (USD) |
Historical Data for: | 2014 to 2018 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 293 |
Segments covered: | Feedstock, Process, Application and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|