Global Biomass Power Market Growth 2023-2029

Global Biomass Power Market Growth 2023-2029

Biomass used for power generation can provide a low-carbon and sustainable alternative to fossil fuels while allowing local communities to use domestic biomass resources. It makes productive utilization of wood manufacturing wastes, the unused portion of urban waste and crop residues.

LPI (LP Information)' newest research report, the “Biomass Power Industry Forecast” looks at past sales and reviews total world Biomass Power sales in 2022, providing a comprehensive analysis by region and market sector of projected Biomass Power sales for 2023 through 2029. With Biomass Power sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomass Power industry.

This Insight Report provides a comprehensive analysis of the global Biomass Power landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biomass Power portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biomass Power market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomass Power and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biomass Power.

The global Biomass Power market size is projected to grow from US$ 30080 million in 2022 to US$ 38680 million in 2029; it is expected to grow at a CAGR of 38680 from 2023 to 2029.

North America and Europe is projected to foresee the substantial growth owing to the increasing government support. Factors such as funding programs, investment subsidies, incentives and tax benefits play a significant role in developing the industry in countries such as Germany US and the UK.

This report presents a comprehensive overview, market shares, and growth opportunities of Biomass Power market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Urban Residue
Biogas
Agriculture & Forest Residues
Energy Crop
Woody Biomass
Landfill Gas Feedstock

Segmentation by application
Paper Industry
Forest Industry
Panel Board Makers
Pulp Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DONG Energy A/S
Wilcox Company
Forth Energy Ltd.
Ameresco Inc.
Drax Group plc Co.
Enviva LP
MGT Ltd.
Alstom SA
Helius Energy Plc.
Vattenfall AB
The Babcock & Wilcox Company

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biomass Power market?

What factors are driving Biomass Power market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biomass Power market opportunities vary by end market size?

How does Biomass Power break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.