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Biogas Product Prospectus (USA)

11/27/2013

For electricity generators, pipeline quality or compressed natural gas producers, biogas equipment manufacturers are readying themselves to demands of the fast-growing, multi-faceted industry. The potential of biogas is seemingly endless due to a number of factors, especially its versatility. According to BBC Research, the global market for biogas plant equipment was worth $3 billion in 2010 and is estimated to reach nearly $8.6 billion by 2016, a growth rate of nearly 20 percent. The North American market for biogas production equipment was valued at $510 million in 2011 and is forecast to reach nearly $1.2 billion by 2016.

Source: Biomass Magazine

 
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