Global Biodigester Market Size to Hit US$ 55.38 Billion, Globally, by 2035, Expanding at a CAGR of 5.9% Says, Market Data Library

Global Biodigester Market Size to Hit US$ 55.38 Billion, Globally, by ...  InvestorsObserver

Global Biodigester Market Size to Hit US$ 55.38 Billion, Globally, by 2035, Expanding at a CAGR of 5.9% Says, Market Data Library

Global Biodigester Market Size to Hit US$ 55.38 Billion, Globally, by 2035, Expanding at a CAGR of 5.9% Says, Market Data Library

News Home

Global Biodigester Market Size to Hit US$ 55.38 Billion, Globally, by 2035, Expanding at a CAGR of 5.9% Says, Market Data Library

The global biodigester market is expected to grow at a CAGR of 5.9% from 2023 to 2031, driven by increasing demand for biogas and digestate from various end-use industries, such as agriculture, commercial, and municipal.

The key growth drivers of the market include government support, environmental regulations, and rising awareness about the benefits of biodigesters.

Biodigester Overview

Biodigester is a system designed for the treatment of organic waste. It operates through an anaerobic digestion process, which is a biological mechanism facilitated by microorganisms in an oxygen-deprived environment. This process leads to the decomposition of complex organic substances into simpler elements, resulting in the generation of biogas and nutrient-rich fertilizer. The biogas produced primarily comprises methane and carbon dioxide, and it can serve as a renewable energy source. Meanwhile, the residual material after digestion becomes a valuable fertilizer. This environmentally friendly system helps manage organic waste efficiently while harnessing energy and nutrient resources.

Biodigester Market Report Overview

The global biodigester market report provides comprehensive insights into driving factors, restraints, opportunities, and trends, with provision of in-depth supporting information, data, and statistics and actionable insights. According to Market Data Library analysis, the global biodigester market is expected to register a CAGR of 5.9% during the forecast period of 2023 to 2031. The market is valued at USD 26.8 billion in 2022 and is projected to reach USD 55.38 billion in 2035. Comprehensive analysis and insights into the global biodigester market provide valuable information for businesses in the industry. Clarity and understanding of market trends help companies tailor their products to meet customer demands more effectively.

Market Trends Analysis and Insights

  • Rising Demand for Sustainable Energy Sources: The growing focus on sustainable and renewable energy options has led to an upsurge in the adoption of biodigesters as a means to generate biogas.
  • Advancement in Waste Management and Circular Practices:

    SDGs, Targets, and Indicators

    SDGs addressed or connected to the issues highlighted in the article:

    1. SDG 7: Affordable and Clean Energy
    2. SDG 9: Industry, Innovation, and Infrastructure
    3. SDG 11: Sustainable Cities and Communities
    4. SDG 12: Responsible Consumption and Production
    5. SDG 13: Climate Action
    6. SDG 15: Life on Land

    Specific targets under those SDGs based on the article’s content:

    • SDG 7.2: Increase substantially the share of renewable energy in the global energy mix.
    • SDG 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.
    • SDG 11.6: Reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.
    • SDG 12.4: By 2020, achieve the environmentally sound management of chemicals and all wastes throughout their life cycle, in accordance with agreed international frameworks, and significantly reduce their release to air, water, and soil to minimize their adverse impacts on human health and the environment.
    • SDG 13.2: Integrate climate change measures into national policies, strategies, and planning.
    • SDG 15.9: By 2020, integrate ecosystem and biodiversity values into national and local planning, development processes, poverty reduction strategies, and accounts.

    Indicators mentioned or implied in the article that can be used to measure progress towards the identified targets:

    • Share of renewable energy in the global energy mix
    • Investment in sustainable infrastructure and clean technologies
    • Air quality index in cities
    • Waste management practices and recycling rates
    • Reduction in greenhouse gas emissions
    • Conservation and restoration of land and ecosystems

    Table: SDGs, Targets, and Indicators

    SDGs Targets Indicators
    SDG 7: Affordable and Clean Energy 7.2: Increase substantially the share of renewable energy in the global energy mix. Share of renewable energy in the global energy mix
    SDG 9: Industry, Innovation, and Infrastructure 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes. Investment in sustainable infrastructure and clean technologies
    SDG 11: Sustainable Cities and Communities 11.6: Reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management. Air quality index in cities, waste management practices and recycling rates
    SDG 12: Responsible Consumption and Production 12.4: By 2020, achieve the environmentally sound management of chemicals and all wastes throughout their life cycle, in accordance with agreed international frameworks, and significantly reduce their release to air, water, and soil to minimize their adverse impacts on human health and the environment. Waste management practices and recycling rates
    SDG 13: Climate Action 13.2: Integrate climate change measures into national policies, strategies, and planning. Reduction in greenhouse gas emissions
    SDG 15: Life on Land 15.9: By 2020, integrate ecosystem and biodiversity values into national and local planning, development processes, poverty reduction strategies, and accounts. Conservation and restoration of land and ecosystems

    Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

    Source: investorsobserver.com

     

    Join us, as fellow seekers of change, on a transformative journey at https://sdgtalks.ai/welcome, where you can become a member and actively contribute to shaping a brighter future.