Biomethane Market

The global biomethane market is expected to grow from USD 16.50 billion in 2025 to USD  56.64  billion by 2030 at a CAGR of 28.0%. International decarbonization targets, stricter limits on methane emissions, and the need for sustainable waste disposal are the primary reasons behind the growth of the biomethane market. Governments are incentivizing the use of green gas as a substitute for fossil fuels, particularly in the transport sector and industrial heating. Biomethane has the advantage of being able to use the existing natural gas infrastructure, which makes its integration economically feasible without any major system changes. Moreover, the upcoming policy incentives, renewable fuel mandates, and corporate sustainability commitments are speeding up the biomethane adoption process. The combination of the above factors positions biomethane as a feasible, large-scale, and short-term solution to energy transition targets.

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Shell Biogas is one of the major players in the biomethane market. The firm has a purification process that turns biogas into biomethane, which can then be injected into gas grids, liquefied for transport, or used for power and industrial purposes. Shell Biogas operates through Marketing, Chemicals and Products, Integrated Gas, Renewables and Energy Solutions, Upstream, and Corporate segments. The company's Integrated Gas business segment provides biogas/biomethane. Shell Biogas has partnered with producers to offer bankable contracts that will help support and grow the sustainable production of biogas across the continent. In 2023, Shell finalized the acquisition of Nature Energy, the largest biomethane producer in Europe, for USD 2.00 billion.

BP p.l.c. has taken part in the biomethane market as a new business segment of its bioenergy and low-carbon fuel activities, where RNG is very much looked upon as a means to cut down the carbon intensity of gaseous fuels. The bioenergy unit of BP, including the acquisition of Archaea Energy, is the mainstay of the company's position in the RNG sector. BP's global operations are grouped into various business segments, including Customers & Products, Gas & Low Carbon Energy, Oil Production & Operations, Other Businesses & Corporate, and Consolidation Adjustment and Eliminations, with biomethane offered through the Gas & Low Carbon Energy segment. BP's biomethane activities are carried out in North America and Europe, with the US RNG platform being supported by Archaea Energy's multiple-state facilities. In addition, the company is strongly positioned in South America, Asia Pacific, and the Middle East & Africa.

Market Ranking

Shell Biogas (UK), Gasum Ltd. (Finland), Air Liquide (France), BP p.l.c. (UK), and OPAL Fuels (US) are the key players in the global biomethane market based on their market presence, technological know-how, and investment strategies in renewable gas. They are working tirelessly toward the goal of lower greenhouse gas emissions by producing biomethane on a large scale, developing different technologies for upgrading, and integrating biomethane in transportation, industrial, and grid injection. Shell Biogas and BP are taking advantage of their global energy portfolios to increase the production of renewable natural gas and help the industries become carbon-neutral. Gasum Ltd. is at the forefront of the decarbonization of the Nordic area by feeding the low-carbon mobility and industrial sectors with agricultural and waste-based feedstocks. Air Liquide is partnering in the supply of large-scale commercial biomethane by providing advanced biogas upgrading and purification technologies, which enable a reliable biomethane supply at commercial scale. OPAL Fuels is concentrating on biomethane from landfill and agriculture, with the main market being transportation.

Related Reports:

Biomethane Market by Feedstock (Agriculture Residue, Municipal Waste, Energy Crops), Production Process (Anaerobic Digestion & Fermentation, Thermal Gasification), End-use (Power generation, Transportation, Industrial), Region - Global Forecast to 2030

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