World Waste-Derived Biogas Market

Date: 2016-08

Biogas is a fuel majorly processed from waste products, which acts as important substitute for conventional fuels. The global market for biogas equipment was valued at $3 Billion in 2010, with a CAGR of 19.4%, is expected to reach $8.6 Billion in the next five years. The major drivers for growth of this market would be increasing awareness for environmental safety and excessive use of fuels. All over the world, 11 Billion tones of oil in fossil fuels are consumed with the consumption of crude oil at a rate of 4 billion tons per year.

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