Market Overview:
The global biomass for power generation market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for renewable energy sources and the growing awareness about the benefits of using biomass for power generation. The global biomass for power generation market is segmented on the basis of type, application, and region. On the basis of type, solid biofuels account for a major share in terms of revenue in 2017 and are expected to maintain their dominance during the forecast period as well. Biogas is another key type segment that is anticipated to witness high growth rates during 2018-2030 owing to its advantages such as low emissions and easy installation process when compared with other forms of renewable energy sources such as solar or wind energy.
Product Definition:
Biomass is all organic matter derived from plants or animals. Biomass can be used for power generation through combustion, gasification, or pyrolysis. The use of biomass for power generation is important because it can provide a renewable and emissions-free source of energy.
Solid Biofuels:
Solid biofuels include products like animal fats, vegetable oils, and waste feedstock that are processed to produce biodiesel. These fuels are used as an alternative to conventional fossil fuel for power generation. The growth of the solid biofuel market is directly proportional to the growth of the biomass power industry as they are used in almost 99% percent of biomass electricity production.
Biogas:
Biogas is a renewable natural gas, which is being produced as an by-product in the process of animal husbandry and agriculture. Biogas can be used for power generation through the combined heat and power (CHP) system or direct fuel combustion (DFC). The growing demand for electricity in emerging economies coupled with favorable government regulations to promote CHP systems has been driving the global biogas market.
Application Insights:
The industrial segment dominated the global market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. Rapid industrialization, primarily in developing countries such as China, India, Thailand and South Korea is anticipated to augment product demand for power generation over the forecast period.
Municipal waste was the second-largest application segment in 2017 due to rapid urbanization coupled with increasing population density resulting in high demand for electricity supply across cities globally. In addition, stringent regulations on disposal of municipal solid waste are likely to propel industry growth over the coming years. Growing awareness regarding energy security along with rising environmental concerns has driven governments worldwide towards promoting alternative sources of energy including biomass for power generation which is expected fuel industry expansion over the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing biomass power generation in China and Japan. In addition, supportive government policies and regulations are expected to drive industry growth over the next eight years.
Europe is also likely to witness significant growth during the same period due to growing environmental concerns coupled with government initiatives favoring clean energy sources for power generation purposes.
North America has been witnessing an increase in demand since past few years on account of growing industrialization along with commercial sector especially in U.S., which burns huge amount of garbage including food grains, wood residues, leaves etc.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Stringent environmental regulations for power generation from conventional sources such as coal, oil, and natural gas
- Rising prices of conventional fuels used for power generation
- Government policies and incentives favoring the use of biomass for power generation over other forms of renewable energy
- Technological advancements that make biomass-based power plants more efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Biomass for Power Generation Market Research Report
By Type
Solid Biofuels, Biogas, Municipal Waste, Others
By Application
Industrial, Commercial, Others
By Companies
Drax Group, DONG Energy A/S, Enel, Engie, EPH, EDF, RWE, Iberdralo, CEZ, Babcock & Wilcox, Ameresco, Inc, John Wood Group, Vattenfall AB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Biomass for Power Generation Market Report Segments:
The global Biomass for Power Generation market is segmented on the basis of:
Types
Solid Biofuels, Biogas, Municipal Waste, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Drax Group
- DONG Energy A/S
- Enel
- Engie
- EPH
- EDF
- RWE
- Iberdralo
- CEZ
- Babcock & Wilcox
- Ameresco, Inc
- John Wood Group
- Vattenfall AB
Highlights of The Biomass for Power Generation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Biofuels
- Biogas
- Municipal Waste
- Others
- By Application:
- Industrial
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biomass for Power Generation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Biomass for power generation is the use of organic material such as wood, crop residues, or municipal solid waste to produce electricity. Biomass can be burned in a boiler to create steam that turns a turbine and produces electricity.
Some of the major players in the biomass for power generation market are Drax Group, DONG Energy A/S, Enel, Engie, EPH, EDF, RWE, Iberdralo, CEZ, Babcock & Wilcox, Ameresco, Inc, John Wood Group, Vattenfall AB.
The biomass for power generation market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biomass for Power Generation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Biomass for Power Generation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biomass for Power Generation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Biomass for Power Generation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Biomass for Power Generation Market Size & Forecast, 2018-2028
4.5.1 Biomass for Power Generation Market Size and Y-o-Y Growth
4.5.2 Biomass for Power Generation Market Absolute $ Opportunity
Chapter 5 Global Biomass for Power Generation Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Biomass for Power Generation Market Size Forecast by Type
5.2.1 Solid Biofuels
5.2.2 Biogas
5.2.3 Municipal Waste
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Biomass for Power Generation Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Biomass for Power Generation Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biomass for Power Generation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biomass for Power Generation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Biomass for Power Generation Analysis and Forecast
9.1 Introduction
9.2 North America Biomass for Power Generation Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Biomass for Power Generation Market Size Forecast by Type
9.6.1 Solid Biofuels
9.6.2 Biogas
9.6.3 Municipal Waste
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Biomass for Power Generation Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Biomass for Power Generation Analysis and Forecast
10.1 Introduction
10.2 Europe Biomass for Power Generation Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Biomass for Power Generation Market Size Forecast by Type
10.6.1 Solid Biofuels
10.6.2 Biogas
10.6.3 Municipal Waste
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Biomass for Power Generation Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Biomass for Power Generation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Biomass for Power Generation Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Biomass for Power Generation Market Size Forecast by Type
11.6.1 Solid Biofuels
11.6.2 Biogas
11.6.3 Municipal Waste
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Biomass for Power Generation Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Biomass for Power Generation Analysis and Forecast
12.1 Introduction
12.2 Latin America Biomass for Power Generation Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Biomass for Power Generation Market Size Forecast by Type
12.6.1 Solid Biofuels
12.6.2 Biogas
12.6.3 Municipal Waste
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Biomass for Power Generation Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Biomass for Power Generation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Biomass for Power Generation Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Biomass for Power Generation Market Size Forecast by Type
13.6.1 Solid Biofuels
13.6.2 Biogas
13.6.3 Municipal Waste
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Biomass for Power Generation Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biomass for Power Generation Market: Competitive Dashboard
14.2 Global Biomass for Power Generation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Drax Group
14.3.2 DONG Energy A/S
14.3.3 Enel
14.3.4 Engie
14.3.5 EPH
14.3.6 EDF
14.3.7 RWE
14.3.8 Iberdralo
14.3.9 CEZ
14.3.10 Babcock & Wilcox
14.3.11 Ameresco, Inc
14.3.12 John Wood Group
14.3.13 Vattenfall AB
