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:
- Since the outbreak of the global pandemic, most of the commercial activities have come to a halt as the governments of different nations have important nationwide lockdowns to contain the virus. As a result, there is a significant reduction in the demand for energy, and this has also reduced the applications for bio-digester in the market.
- Outbreak of COVID-19 has drastically impacted all industries across the globe. The bio-digester industry is among the severely hit industries, owing to its dependence on the China and other Asian markets.
- However, the upcoming eco-green projects in agricultural sectors where bio-digesters are used widely in organic conversion of agricultural matter may propel the growth of the bio-digesters market post the COVID-19 scenario.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact 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:
- This study presents the analytical depiction of the global bio-digester industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global bio-digester market share.
- The current market is quantitatively analyzed to highlight the global bio-digester market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global bio-digester market analysis based on competitive intensity and how the competition will take shape in coming years.
Bio-digester Market Report Highlights
| Aspects | Details |
 By Type |
|
 By Model |
|
 By Technology |
|
 By Application |
|
 By Region |
|
 | SEaB Energy Ltd., The TEG Group, CH4E Ltd, GE Water & Process Technologies, ADI Systems, Others |
Loading Table Of Content...
