Spain Biogas Market Size, Share, and COVID-19 Impact Analysis, By Source (Municipal, Industrial, and Agricultural), By Application (Vehicle Fuel, Electricity, Heat, Upgraded Biogas, and Cooking Gas), and Spain Biogas Market Insights, Industry Trend, Forecasts to 2033.

Industry: Energy & Power

RELEASE DATE Nov 2024
REPORT ID SI7441
PAGES 170
REPORT FORMAT PathSoft

Spain Biogas Market Insights Forecasts to 2033

  • The Spain Biogas Market Size was valued at USD 3.82 Billion in 2023.
  • The Market is Growing at a CAGR of 3.21% from 2023 to 2033
  • The Spain Biogas Market Size is Expected to Reach USD 5.24 Billion By 2033

Spain Biogas Market

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The Spain Biogas Market Size is Anticipated to Reach USD 5.24 Billion By 2033, Growing at a CAGR of 3.21% from 2023 to 2033. 

 

Market Overview

Biogas is a renewable energy source produced by breaking down organic matter in the absence of oxygen. It primarily consists of methane and carbon dioxide but can also contain small amounts of other gases, such as hydrogen sulfide, siloxanes, and moisture. Spain is striving to increase biogas production as part of its efforts to achieve energy self-sufficiency and sustainability goals. As of January 2024, the country had 210 active biogas plants with a total production capacity of 836 MW. Spain aims to ramp up biogas production to 20 TWh by 2030, effectively doubling the amount outlined in the biogas roadmap. Additionally, the country plans to increase its gross generation capacity to 440 MW by the same year. Spain has the potential to produce up to 163 TWh of biogas annually, primarily from livestock manure, crop residues, and forestry biomass. Regions with high concentrations of livestock farms, such as Castilla y León, Andalucía, and Galicia, have the greatest potential for biogas production.

 

Report Coverage

This research report categorizes the market for the Spain biogas based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Spain biogas market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Spain biogas market.

 

Spain Biogas Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 3.82 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :3.21%
2033 Value Projection:USD 5.24 Billion
Historical Data for:2019-2022
No. of Pages:170
Tables, Charts & Figures:95
Segments covered:By Source, By Application
Companies covered:: Biokraft International, PlanET-Biogas, DMT Clear Gas Solutions, Xebec Adsorption, Homebiogas, Viessmann, Air Liquide SA, TotalEnergies SE, and other key companies.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The Spanish biogas market is influenced by a combination of environmental priorities and energy demands. Growing awareness of sustainability among consumers and businesses drives the shift towards alternative energy sources, supported by stringent government regulations that foster the biogas sector. Spain has substantial biomass feedstock due to its diverse agricultural and organic waste resources, essential for biogas production. The rising demand for clean energy is further amplified by industries' commitments to reducing carbon footprints, leading to increased interest in biogas solutions. Recent policy initiatives promoting biomethane production, especially as a transportation fuel, align with national strategies to cut greenhouse gas emissions. Together, these elements position Spain as a leader in Europe’s renewable energy landscape, with a promising future for the biogas industry.

 

Restraining Factors

The significant capital investment needed to establish biogas plants is a major barrier to market growth in Spain. The high initial costs associated with infrastructure, technology, and operational setup can be unaffordable for many stakeholders. Constructing and equipping a biogas plant, which includes anaerobic digesters, gas storage systems, and purification units, can cost several million dollars.

 

Market Segmentation

The Spain biogas market share is classified into source and application.

  • The municipal segment is expected to hold the largest market share through the forecast period.

The Spain biogas market is segmented by source into municipal, industrial, and agricultural. Among these, the municipal segment is expected to hold the largest market share through the forecast period. The increasing utilization of municipal solid waste (MSW) for biogas production aims to decrease landfill usage and greenhouse gas emissions, which is anticipated to boost market demand during the forecast period.

 

  • The electricity segment is expected to dominate the Spain biogas market during the forecast period.       

Based on the application, the Spain biogas market is divided into vehicle fuel, electricity, heat, upgraded biogas, and cooking gas. Among these, the electricity segment is expected to dominate the Spain biogas market during the forecast period. The widespread use of biogas systems for electricity generation is attributed to their ability to harness the renewable energy source of biogas, providing a steady and highly reliable power supply. Biogas plants convert methane into electricity using combined heat and power systems, which are extensively employed in both industrial and municipal settings.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Spain biogas market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Biokraft International
  • PlanET-Biogas
  • DMT Clear Gas Solutions
  • Xebec Adsorption
  • Homebiogas
  • Viessmann
  • Air Liquide SA
  • TotalEnergies SE
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In September 2024, Schmack Biogas S.r.l., a part of the Japanese-Swiss clean technology company Hitachi Zosen Inova AG (HZI), has announced it will provide its first anaerobic digestion system at La Calahorra. The company was chosen by AGR Biogás, a Spanish waste management specialist.

 

Market Segment

This study forecasts revenue at Spain, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Spain Biogas Market based on the below-mentioned segments

 

Spain Biogas Market, By Source

  • Municipal
  • Industrial
  • Agricultural

 

Spain Biogas Market, By Application

  • Vehicle Fuel
  • Electricity
  • Heat
  • Upgraded Biogas
  • Cooking Gas

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