The biogas market in Russia is expected to reach a projected revenue of US$ 4,261.3 million by 2030. A compound annual growth rate of 2.2% is expected of Russia biogas market from 2024 to 2030.
The Russia biogas market generated a revenue of USD 3,669.7 million in 2023 and is expected to reach USD 4,261.3 million by 2030.
The Russia market is expected to grow at a CAGR of 2.2% 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 3,669.7 million
Market revenue in 2030
USD 4,261.3 million
Growth rate
2.2% (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, Russia accounted for 5.6% of the global biogas market in 2023.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Europe, UK biogas market is projected to lead the regional market in terms of revenue in 2030.
Italy is the fastest growing regional market in Europe and is projected to reach USD 3,293.2 million by 2030.
Biofuels are one of the promising types of renewable energy in Russia to achieve the target set by the country. Since it has a high potential for utilizing available agricultural waste, food processing waste, wood processing waste, and urban treatment facilities.
Further, biogas production provides attractive options to investors as it can provide additional income to end users having organic waste in their business operations. These factors are expected to boost the growth of the biogas market in the country over the forecast period.
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 58.73% in 2023.
Horizon Databook has segmented the Russia biogas market based on municipal, industrial, agriculture covering the revenue growth of each sub-segment from 2018 to 2030.
Biofuels are one of the promising types of renewable energy in Russia to achieve the target set by the country. Since it has a high potential for utilizing available agricultural waste, food processing waste, wood processing waste, and urban treatment facilities.
Further, biogas production provides attractive options to investors as it can provide additional income to end users having organic waste in their business operations. These factors are expected to boost the growth of the biogas market in the country over the forecast period.
Russia Biogas Market Source Outlook (Revenue, USD Million , 2018-2030)
Municipal
Industrial
Agriculture
Russia 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 Russia Biogas Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Russia Biogas Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.