Europe Anaerobic Digestion Market Trends, Industry Analysis & Forecast by 2024
Date: 2018-09-21   Author: Rahul Sankrityayan  Category: #market

Europe Anaerobic Digestion Market Trends, Industry Analysis & Forecast by 2024

Europe Anaerobic Digestion Market is expected to surpass USD 8 billion by 2024. Increasing adoption of renewable energy across industrial establishments backed by rapid industrialization will propel industry growth. Introduction of government incentives including biogas electricity FIT and renewable heat incentives will encourage the deployment of renewable technologies. Currently industry has witnessed several extensive investments from private and public institutions for promoting the development of AD plants across the region.

Italy anaerobic digestion market is predicted to witness reach over 300 MW by 2024. Rising energy security concern along with growing energy demand will propel the industry landscape. Government introduced restriction pertaining to landfill will further complement the business growth.

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Positive outlook towards food & beverage, agriculture and municipal industries will embellish anaerobic digestion market share. Farmers and entrepreneurs across the nations have adopted these technologies to reduce their dependency on fossil fuel and mineral fertilizers.

Municipal anaerobic digestion market share is predicted to witness growth owing to limited land availability in context of dump and landfills along with rising awareness towards waste management. Favorable measures towards material re-use and recycle along with increasing demand for waste material decompositions are some of the parameters which will positively influence the business growth. Countries including UK introduced gate fee to waste producers including industrial & commercial producers and municipalities for waste treatment.

Strict government norms toward the waste and residual treatment with minimal environmental impacts will fuel the anaerobic digestion market share. Introduction of several national targets associated with reducing emissions along with rising focus towards energy conservation will further complement the business landscape.

Increasing investment towards development of supermarkets, hospitals and government buildings will foster the commercial anaerobic digestion market size. In 2017, Aldi, Germany based grocery chains announced to invest USD 3.4 billion to expand its store base in the U.S. to 2,500 by 2022.

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Growing concern to maintain fossil fuel sustainability along with strict regulations to curb carbon emissions will propel the UK anaerobic digestion market size. In December 2015, UK government introduced Energy Consumption Tax with an aim to convert process residues to energy and thereby reducing fossil fuel consumption to 25%.

Netherland accounted for over 4% of Europe anaerobic digestion market share in 2016. Cost competitiveness of AD to incineration based plants and landfill will make its adoption preferable. Moreover, introduction of ambitious renewable energy integration and emission targets in compliance to Directive 2009/28/EC will embellish the industry outlook. The country set targets to achieve 14% of its energy consumption through renewable energy and reduced 16% of carbon emissions by 2020.

Major participants in the industry include: Weltec, Clarke Energy, Blue Sphere, Xergi, Stream BioEnergy, BTS Biogas, AD4Energy, EnviTec, PlanET Biogas, SEaB Energy, Tamar Energy, Biogen, CH4 Biogas and Veolia.

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Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for AlgosOnline, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in t...

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