Biomass Gasification Market by Source (Agricultural Waste, Animal Waste, Forest Waste), Technologies (Entrained flow Gasifier, Fixed-bed Gasifier, Fluidized-bed Gasifier), Application - Global Forecast 2024-2030

Biomass Gasification Market by Source (Agricultural Waste, Animal Waste, Forest Waste), Technologies (Entrained flow Gasifier, Fixed-bed Gasifier, Fluidized-bed Gasifier), Application - Global Forecast 2024-2030

The Biomass Gasification Market size was estimated at USD 34.44 billion in 2023 and expected to reach USD 36.75 billion in 2024, at a CAGR 7.21% to reach USD 56.09 billion by 2030.

Biomass gasification is the technology that uses controlled processes involving steam, heat, and oxygen to convert biomass into hydrogen without combustion. Through the process of biomass gasification, various biomass feedstocks can be transformed into a more manageable gaseous fuel that can be utilized to generate heat and electricity in traditional equipment, including engines, boilers, and turbines. Growing demand for renewable energy sources across various industries increases the implementation of biomass gasification projects. In addition, increasing government investment in renewable energy production is fostering market growth. However, the high cost of biomass feedstock and gasification infrastructure, along with Operational limitations, significantly impacts the expansion of the biomass gasification market. Furthermore, ongoing technological advancements in biomass gasification processes and technologies include creating growth opportunities for market growth.

Regional Insights

America and Europe have shown growing interest in biomass gasification as a renewable energy source. The growing awareness of environmental issues has contributed to the adoption of cleaner energy solutions across the regions. In addition, advancements in technology, research, and development play a vital role in shaping the biomass gasification industry. The European Union imposing various regulations focuses on support and targets for renewable energy solutions. Governments across the Middle East and Africa are significantly investing in biomass gasification projects, bolstering the new advancements in the market. The APAC regions with diverse ecosystems provide a wide range of biomass resources, including agricultural residue and organic waste. Governments across the APAC regions have implemented policies and initiatives to promote renewable energy, including biomass gasification. Ongoing research and development in gasification technologies across the globe have led to efficient and cost-effective solutions.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Biomass Gasification Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Growing demand for renewable energy sources across industries
• Increasing government investments in renewable energy production

Market Restraints

• High cost of biomass feedstock and gasification infrastructure

Market Opportunities

• Improvements in biomass gasification processes and technologies
• Expanding potential for hydrogen and fuel cell technologies

Market Challenges

• Operational limitations of biomass gasification

Market Segmentation Analysis

• Source: Growing use of agricultural and forest waste for biomass gasification
• Technologies: Significant adoption of entrained flow gasifier for large-scale industries
• Application: Large-scale energy requirements lean towards power generation for cost-effectiveness and scalability

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Biomass Gasification Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Biomass Gasification Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Dall Energy's Gasification Technology Chosen for Amiens Biomass Project

Danish company Dall Energy has been selected to implement its innovative biomass gasification technology in Amiens, France. This project, aimed at enhancing local waste management and sustainable energy solutions, is set to utilize Dall Energy's system to convert regional biomass and industrial wood waste into clean, renewable energy. Furthermore, Dall Energy has also secured a 10-year long-term maintenance deal with ENGIE Solutions.

KAB Buys Biogas Power Plant of RM 15 Million in Kedah

Kejuruteraan Asastera Bhd (KAB) has acquired a stake in Future Biomass Gasification Sdn Bhd (FBG) along with its biogas power plant asset worth RM 15 million. The plant captures greenhouse gases and converts them into electricity using highly efficient biogas engine generators.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Biomass Gasification Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Biomass Gasification Market, highlighting leading vendors and their innovative profiles. These include Ankur Scientific Energy Technologies Pvt. Ltd., Babcock & Wilcox Enterprises, Inc., Bellwether Recuperative Gasification Ltd., Beltran Technologies, Inc., Chanderpur Group, DP CleanTech, ENERKEM Inc., Enersol Biopower Private Limited, EQTEC PLC, Flex Technologies Limited, Frontline BioEnergy, Fulcrum BioEnergy, General Electric Company, Göteborg Energi AB, Infinite Energy Pvt. Ltd., KASAG Swiss AG, L’AIR LIQUIDE S.A., Mitsubishi Heavy Industries, Ltd., Shell PLC, Siemens AG, SynCraft Engineering GmbH, thyssenkrupp AG, Valmet Corporation, and Yosemite Clean Energy.

Market Segmentation & Coverage

This research report categorizes the Biomass Gasification Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Source
• Agricultural Waste
• Animal Waste
• Forest Waste
• Municipal Waste
• Technologies
• Entrained flow Gasifier
• Fixed-bed Gasifier
• Fluidized-bed Gasifier
• Application
• Chemical Production
• Liquid Fuel
• Power Generation

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year