The biogas market in China is expected to reach a projected revenue of US$ 11,743.3 million by 2030. A compound annual growth rate of 6.2% is expected of China biogas market from 2024 to 2030.
The China biogas market generated a revenue of USD 7,728.2 million in 2023 and is expected to reach USD 11,743.3 million by 2030.
The China market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
In terms of segment, agriculture was the largest revenue generating source in 2023.
Municipal is the most lucrative source segment registering the fastest growth during the forecast period.
Biogas market data book summary
Market revenue in 2023
USD 7,728.2 million
Market revenue in 2030
USD 11,743.3 million
Growth rate
6.2% (CAGR from 2023 to 2030)
Largest segment
Agriculture
Fastest growing segment
Municipal
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Municipal, Industrial, Agriculture
Key market players worldwide
Viessmann, Air Liquide SA, Homebiogas, Xebec Adsorption, DMT Clear Gas Solutions, PlanET-Biogas, Biokraft International, TotalEnergies SE
Other key industry trends
In terms of revenue, China accounted for 11.8% of the global biogas market in 2023.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China biogas market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,138.3 million by 2030.
China biogas market is expected to provide ample growth opportunities to players on account of the ongoing concerns regarding GHG emission levels in metro cities. Furthermore, the country is trying to make biogas subsidies more cost-effective.
For instance, biogas plants are eligible for government subsidies if underutilized or abandoned after installation. The country has experienced a subsequent change in the renewable power industry. Biogas digesters allow households with livestock to convert organic waste and manure into biogas that can be used as a cooking fuel, further supporting the growth of the biogas market in China.
China has been actively expanding its biogas market from 2020 to 2023 as part of its commitment to promoting renewable energy sources and reducing environmental pollution. The country's biogas sector has seen significant growth, and this is reflected in the plans of Wabio Investment Holding, the Serbian arm of a Chinese renewable energy company.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Biogas Market Outlook will help companies and investors design strategic landscapes.
Agriculture was the largest segment with a revenue share of 63.84% in 2023.
Horizon Databook has segmented the China biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
China biogas market is expected to provide ample growth opportunities to players on account of the ongoing concerns regarding GHG emission levels in metro cities. Furthermore, the country is trying to make biogas subsidies more cost-effective.
For instance, biogas plants are eligible for government subsidies if underutilized or abandoned after installation. The country has experienced a subsequent change in the renewable power industry. Biogas digesters allow households with livestock to convert organic waste and manure into biogas that can be used as a cooking fuel, further supporting the growth of the biogas market in China.
China has been actively expanding its biogas market from 2020 to 2023 as part of its commitment to promoting renewable energy sources and reducing environmental pollution. The country's biogas sector has seen significant growth, and this is reflected in the plans of Wabio Investment Holding, the Serbian arm of a Chinese renewable energy company.
China Biogas Market Source Outlook (Revenue, USD Million , 2018-2030)
Municipal
Industrial
Agriculture
China Biogas Market Applications Outlook (Revenue, USD Million , 2018-2030)
Vehicle Fuel
Electricity
Heat
Upgraded Biogas
Cooking gas
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Horizon Databook provides a detailed overview of country-level data and insights on the China Biogas Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Biogas Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.