The Biomethane Market is projected to exceed USD 8.0 billion by 2031, with a Compound Annual Growth Rate (CAGR) of 7.1% – TMR

The Biomethane Market is projected to exceed USD 8.0 billion by 2031, with a Compound Annual Growth Rate (CAGR) of 7.1% – TMR

Biomethane, derived from organic waste, is an environmentally friendly and renewable energy source that provides a low-carbon alternative to natural gas.

The demand for biomethane is increasing as nations aim to decarbonize their gas supply, leading to investments in infrastructure and research.

Biomethane production from agricultural residues presents an opportunity, and the aviation industry is exploring biomethane as a sustainable aviation fuel.

Biomethane can also be used as a feedstock for hydrogen production, and integration with other circular economy initiatives is creating sustainable solutions.

The biomethane market is dominated by organic household waste and anaerobic digestion production process, with electricity generation as the dominating application.

North America, Europe, and Asia Pacific are emerging as promising biomethane markets, with the United States, Canada, Germany, Sweden, and the UK at the forefront of biomethane production.

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