APAC Market Forecast
The Asia Pacific biogas plant market is projected to hold the largest market share of 30 % by the end of 2036, backed by ample availability of organic waste in countries, namely India, China, and Thailand, along with growing government initiatives. According to the World Bank, 23% of the world's waste is generated in East Asia and the Pacific. It is calculated that by 2030, around 602 million tons of waste would be accumulated in this region.
Europe Market Forecast
The biogas plant market in Europe is predicted to gather the largest share by the end of 2036, ascribing to the huge volume of biogas production and rising spending by key market players to build modern biogas production facilities in the region. Moreover, increasing stricter regulations on greenhouse gas (GHG) emissions would greatly stimulate the market growth in this region.
Author Credits: Dhruv Bhatia
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