The global biomethane industry generated $3.1 billion in 2022 and is estimated to reach $5.5 billion by 2032, exhibiting a CAGR of 5.7% from 2023 to 2032. Biomethane, also referred to as renewable natural gas (RNG), is produced either by gasification of solid biomass or by removing CO2 and other contaminants present in the biogas. …
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Biomethane Market 2022: Growing Demand Analysis By Size, Future Strategic Planning, Competitive Landscape & Forecast to 2030
Due to high efficiency and eco-friendliness of the fuel, the demand for biomethane is expected to boost the biomethane market. Increase in usage of biomethane for power generation to meet the required electricity demand is also one of the key factors for boosting the growth of the market. Moreover, positive government regulations are encouraging market …