The Global Market for Biogas Plants is Projected to Reach US$10.1 Billion by 2022
Focus on Alternative Energy to Reduce GHG Emissions Drives the Global Market for Biogas Plants, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Biogas Plants market. The global market for Biogas Plants is projected to reach US$10.1 billion by 2022 , driven by the focus on alternatives to fossil fuels as a means to achieve energy sustainability and security, and government support for eco-friendly alternatives. Rising demand for fuel & energy, growing concerns over depletion of fossil fuel reserves, and increased environmental degradation caused by polluting conventional energy sources are driving focus on cleaner alternatives. The scenario is throwing the spotlight on biogas as a compelling alternative to petroleum- or coal-based energy sources. The market for biogas plants is witnessing steady growth, encouraged by the risi...