Chemicals and Materials Biomethane Market Growth Forecast 2027

Global Biomethane Market Demand Expected to Drive by Global
Warming and Climate Change
A Recent Report by Research Nester titled “Global Biomethane Market:
Demand Analysis & Opportunity Outlook 2027” delivers detailed
overview of the global biomethane in terms of market segmentation by
production, by application, by feedstock, by end-user and by region.
On the basis of production method, the global biomethane market is
segmented into anaerobic fermentation and gasification; by application into
automotive and power generation; by feedstock into organic household
waste, animal manure, sewage sludge, agricultural waste, industrial food
processing waste, energy crops, and others and by end-user, the market is
segmented into residential and commercial sectors.
The global biomethane market is anticipated to record a CAGR of around
7.4% over the forecast period i.e. 2019-2027. Production of biogas is a
biochemical process requires low investment. Since, biomethane is
chemically identical to biogas, its production does not require any additional
technology or infrastructure. This is estimated to positively impact the
demand for biomethane in upcoming years. Additionally, the use of waste
material for its production aids in combating the problems, such as global
warming and climate change which are further estimated to drive the growth
of the market over the forecast period.
On the basis of regional analysis, the global Biomethane Market is segmented
into five major regions including North America, Europe, Asia Pacific, Latin
America and Middle East & Africa region, out of which, the market in North
America and Europe region is anticipated to hold leading share on the back
of rising demand from the automotive sector along with favorable policies