$37.6B ($37.6 billion)

USD 37.6 billion is the projected global compressed biogas or biomethane market size for a target year in the early 2030s — most often around 2030-2032 in published forecasts. It represents an analyst consensus on how the sector will grow from the current USD 12-15 billion base, driven by climate policy, energy-security pressure post-2022, methane-mitigation commitments, and accelerating renewable-gas mandates in Europe, North America and Asia.

The forecast implies a CAGR of roughly 12-14% over the 2024-2032 period, which is high relative to most established commodity sectors but consistent with the pace at which Germany, France, the UK, Denmark and the Netherlands have scaled biomethane in the last 7-10 years. The growth drivers include the EU REPowerEU plan targeting 35 billion cubic metres of biomethane by 2030, the US Inflation Reduction Act's production tax credits for renewable natural gas, China's 14th Five-Year Plan biogas targets, and India's SATAT scheme aiming at 15 million tonnes per annum.

For Indian developers the relevance of the USD 37.6 billion forecast is threefold. Capital markets confidence: international climate funds and strategic investors size their India CBG allocations against the global growth trajectory, so a credible global forecast underwrites valuation multiples for Indian assets. Equipment supply: forecast-driven capacity expansion at global EPC contractors keeps the technology pipeline competitive on price and innovation. Export and trading optionality: as international green-gas certificate trading systems mature (Renewable Gas Guarantees of Origin in Europe, RNG certificates in the US), Indian CBG that meets standards could earn premium revenue beyond the SATAT base price.

The forecast should be read with two cautions. First, headline CAGR projections of 12-14% over 8-10 years compound large uncertainty; the realised number could be 8% if natural-gas prices crash and policy support softens, or 18% if methane regulation tightens further. Second, the gap between the current $15 billion base and projected $37 billion ending requires roughly 2.5× growth in production volumes — a substantial buildout that depends on feedstock supply scaling, not just demand. Feasibility plans should treat the USD 37.6 billion figure as scenario-setting context, not as input to revenue modelling.