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Europe Anaerobic Digestion Market to garner lucrative gains over 2017-2024

Author : Rahul Sankrityayan | Published Date : 2019-07-15 

Touted to be one of the pivotal pillars of the European economy, Europe anaerobic digestion market stands to gain appreciable remuneration in the next few years. Given the irreversible damage due to GHG emissions, efforts are being made to brainstorm methodologies that would reduce their effect on the environment.  Anaerobic digestion, it is observed, prevents leakage of nitrogen into groundwater and evades the spread of damaging diseases via landfill. In addition, the process recycles nutrients into organic fertilizers and mitigates greenhouse gas (GHG) emissions. The growing anaerobic digestion of biodegradable waste would thus lead to environment conservation, thereby carving out a positive growth path for Europe anaerobic digestion industry. Furthermore, the deployment of stringent regulations to carry out considerable treatment on residues and waste to maintain energy security is also one of the pivotal driving forces behind the growth of Europe anaerobic digestion market. Estimates claim that in 2016 alone, Europe anaerobic digestion industry held a revenue of USD 3 billion.

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The last twenty years have witnessed a dynamic transformation municipal in solid waste (MSW) management. While most disciplines of waste management have observed noteworthy changes, the implementation of anaerobic digestion in the treatment of municipal solid waste (MSW) has chronicled its name as one of the most innovative and successful technology advancements in the waste management domain, which has undeniably contributed toward augmenting the popularity of Europe anaerobic digestion market.

The concept has now emerged as one of most preferred methodologies for biodegradation of organic elements derived from MSW, which has led to its massive deployment, inherently impelling Europe anaerobic digestion industry share. In 2015, the European Commission had framed a plan to recycle 60% of MSW by 2025 - a move which was projected to significantly boost Europe anaerobic digestion market size over the years ahead.

EU member countries, it is observed, have played quite a vital role in shaping Europe anaerobic digestion market trends. Nations such as Germany and Spain for instance, have installed MSW treatment plants with a considerably huge capacity – in fact, as per statistics, Germany has installed plants of capacity about 2 million tons annually and Spain has deployed 1.6 million tons of annual capacity. According to Global Market Insights, Inc., in 2016, Germany has installed over 9000 biogas plants, most of them were used for agriculture purposes.

The deployment of biogas plants across EU will thus positively influence Europe anaerobic digestion market trends. Apart from abovementioned countries, Switzerland and Netherlands have also taken initiatives to promote the deployment of anaerobic digestion technology for MSW derived organics. Netherlands has planned to become 15% to 20% energy dependent on green gas by 2030, which would undeniably stimulate Europe anaerobic digestion industry outlook over 2017-2024.

Apart from MSW applications, anaerobic digesters are increasingly used for agriculture, industrial, and wastewater treatment plants, further augmenting Europe anaerobic digestion market size.

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Impact of biogas production from agricultural waste on Europe anaerobic digestion industry share

The potential to manufacture agriculturally based biogas across the member countries of the European Union is tremendously high. In order to encourage farmers to adopt anaerobic digestion technology, various governmental bodies across Europe have taken appreciable initiatives – in 2009 for instance, the European Commission partially funded the FARMAGAS project within the Intelligent Energy Europe program, which was mainly founded to promote anaerobic digestion and biogas production in the countries of Romania, Poland, and Hungary. Furthermore, to implement anaerobic digestion systems for the disposal of agricultural waste, the European Commission has also organized several training facilities, which would also help augment the revenue graph of Europe anaerobic digestion market over the years ahead.

Since the last few years, regional governments across Europe have been adopting tried-and-tested growth strategies to increase the construction of biogas plants across their countries. Recently, the German biogas plant manufacturer, Weltec Biopower and French Weltec Agripower have partnered together to construct and expand an anaerobic digestion plant across France. In addition, in 2014, France earned the reputation of having constructed a biogas plant that generates 500 KW energy per day, enough for about 1000 houses.

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Several manufacturing companies are increasingly replacing conventional energy production systems with renewable energy-based facilities, which would further propel Europe anaerobic digestion industry. Speaking of which, the competitive spectrum of Europe anaerobic digestion market is inclusive of AD4Energy, Tamar Energy, Weltec, Biogen, BTS Biogas, Blue Sphere Corporation, Clarke Energy, Veolia, CH4 Biogas, SEaB Energy, Envitec Biogas, PlanET Biogas, Stream BioEnergy, Xergi A/S, and Clarke Energy.

The surging deployment of waste to energy programs across EU to minimize carbon emissions has helped carve a positive growth path for Europe anaerobic digestion market. The dire need for the miniaturization of greenhouse gas effect on living organisms has prompted various countries to adopt renewable energy sources such as solar, wind, and biomass to accomplish the energy requirements for residential as well as industrial purposes. Considering the shifting trends toward the growing adoption of green energy solutions, Global Market Insights, Inc., estimates Europe anaerobic digestion industry to surpass a revenue collection of USD 8 billion by the end of 2024.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, 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 technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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