Europe Biomass Power Market 2023

Europe Biomass Power Market 2023

Description
Biomass consists of organic matter and is considered a substitute for conventional fossil fuels in power generation and heating. Biomass power is generated by burning renewable organic waste, such as by-products from sugarcane crops, timber industry waste, oil-rich algae, woody plants, agricultural residue, and industrial waste. This process produces carbon-neutral electricity, making it an environmentally friendly energy source.

The biomass power in Europe market size is projected to grow by USD 7.5 billion from 2023 to 2029, registering a CAGR of 7.54 percent, according to the latest market data.

The report covers market size and growth, segmentation, country breakdowns, competitive landscape, trends and strategies for biomass power market in Europe. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Market Segmentation
Feedstock: woody biomass, agriculture residues, forest residues, biogas, landfill, and sewage gas, energy crops, industrial and municipal waste
Country: Germany, UK, France, Italy, Norway, Spain, Rest of Europe

This industry report offers market estimates and forecasts of the Europe market, followed by a detailed analysis of the feedstock, and country. The Europe market for biomass power can be segmented by feedstock: woody biomass, agriculture residues, forest residues, biogas, landfill, and sewage gas, energy crops, industrial and municipal waste. The woody biomass segment was the largest contributor to the Europe biomass power market in 2022. Biomass power market is further segmented by country: Germany, UK, France, Italy, Norway, Spain, Rest of Europe. According to the research, Germany had the largest share in the biomass power market in Europe.

Major Companies and Competitive Landscape
The report explores the recent developments and profiles of key vendors in the Biomass Power Market in Europe, including Babcock & Wilcox Enterprises, Inc., Mitsubishi Heavy Industries, Ltd., Orsted A/S, Suez SA, Xcel Energy Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the biomass power market in Europe.
To classify and forecast the biomass power market in Europe based on feedstock, country.
To identify drivers and challenges for the biomass power market in Europe.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the biomass power market in Europe.
To identify and analyze the profile of leading players operating in the biomass power market in Europe.

Why Choose This Report
Gain a reliable outlook of the biomass power market in Europe forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.