Online research website, Reportlinker has release a report titled, “Waste-Derived Biogas: Global Markets for Anaerobic Digestion Equipment-Focus on Europe”.
The report gives a detailed overview of the market for anaerobic digestion equipment in the biogas scenario of Europe. The overview is given based on the type of digester and the configuration of the plant.
For the purpose of the research, data from the year 2000 has been taken and estimates have been provided for the years 2005, 2010 and 2011. Estimates of compounded annual growth rates have been given up to the year 2016. The European biogas market has been divided based on the type of waste ranging from livestock wastes, municipal wastewater, industrial wastewater and landfill leachate and the end use of biogas such as motive power, on site generation of power and power generation by the municipal.
According to the report, the industry is expected to grow to $217 billion in 2016 from $124 billion in 2010. The main factors that could drive the growth of non-fossil fuel are environmental concerns, variation in prices and issues regarding supply. Since the development of the biogas industry is much more significant in other countries than in North America particular attention has been given to Asia, Africa, Europe, Canada and the US. Governments all over the world are facing problems of growing amounts of waste and the need to create secure and sustainable supplies of energy. In such a situation, this report provides the insight into the biogas industry and will help governments to formulate the necessary strategies.
Source: http://www.reportlinker.com