Report Code: A10776 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Bio-digester Market
Request Now ! Bio-digesters are specialized anaerobic tanks that are used to decompose organic wastes and convert them into biogas. The biogas thus produced is further utilized for domestic and commercial purposes. On the other hand, the residue that is left behind after the decomposition process also has high nutritional value and can be utilized as organic fertilizer in agricultural sector. It breaks down the microbes and bacteria present in the feedstock into organic matter by undergoing chain reactions (without the presence of oxygen). Based on the technology, bio-digesters can be either dry fermented or wet fermented. Bio-digesters are widely employed for effective utilization of farm waste into crop nutrients through anaerobic digestion plants. Other applications of bio-digesters include municipal, waste-water, super-markets, schools, hospitals, and others.
COVID-19 scenario analysis:
The rapid urbanization and the industrial development across the globe have caused a significant rise in the demand for energy equipment in the market. Due to adverse environmental impacts caused by conventional power equipment, there is a rapid shift toward the applications of renewable and eco-friendly energy equipment. The Bio-digesters being widely used as an eco-friendly solution for energy generation may lead the global bio-digesters market to witness significant increase in demand.  The bio-digester tanks produce natural gas of high calorific value by decomposing organic wastes including food wastes, agricultural wastes, animal dung, and others. The natural gas produced can be utilized further for several household activities such as cooking and electricity generation. Moreover, the natural gas produced in this process is also cost-effective as most of the feedstock for bio-digesters are available in abundance in rural areas. Several government organizations are also investing on setting up several bio-digesters in order to decrease the dependency on the conventional ways for generation of energy. However, lack of awareness about the technical expertise mainly in the rural areas might restrict the growth of the bio-digesters market.
The market in the Asia-Pacific region accounts for a major share of the global bio-digester market due to the presence of agricultural sector in emerging economies. The market in Europe and North America region is also expected to grow with significant pace because of the growing demand for eco-friendly and renewable sources of energy in the developed nations.
Key benefits of the report:
Bio-digester Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | CleanWorld, Suez environment Company SA, CbS Technologies, Pure Energy Group, Biowaz AS, Organic Waste Systems Inc., Eisenmann Corporation, Zero Waste Energy LLC, DVO Inc., Anaergia Inc. |
SEaB Energy Ltd., The TEG Group, CH4E Ltd, GE Water & Process Technologies, ADI Systems, Others |
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