Bioenergy Market Size - By Product Type, By Feedstock, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Bioenergy Market Overview:
According to SPER Market Research, the Global Bioenergy Market is estimated to reach USD 253 billion by 2032 with a CAGR of 7.82%. Bioenergy is energy produced utilising biologically based renewable resources including biofuel, biogas, biomass, and other biological waste. In order to meet broader environmental, social, and sustainability goals as well as global climate change targets, bioenergy is a viable source of renewable energy. Agricultural waste, solid waste, liquid biofuels, and other materials are examples of feedstock used in the production of bioenergy.
Impact of COVID-19 on the Global Bioenergy Market
The COVID-19 epidemic has had a detrimental effect on the market for bioenergy worldwide. This is attributed to a temporary ban on import, export, and transportation activities, which disrupted the supply chain and increased demand for electricity and biofuels from the manufacturing, transportation, building, and oil & gas industries because these sectors heavily rely on them for powering applications.
Scope of the Report:
Market size available for years 2019-2032 Base year considered 2021 Forecast period 2022-2032
Segments covered By Product Type, By Feedstock, By Application
Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Companies Covered Babcock & Wilcox, BP Plc, Enerkem, EnviTec Biogas AG, Fortum Oyj, Hitachi Zosen Corporation, MVV Energie AG., Orsted A/S, Pacific Bioenergy Corp, Royal Dutch Shell Plc.
Global Bioenergy Market Segmentation:
By Application:Based on the Application, Global Bioenergy Market is segmented as; Power Generation, Heat Generation, Transportation, Others.
By Region:In terms of revenue, Europe held the largest market share for bioenergy the previous year, and it is predicted that it will continue to hold this position during the projected period. This is explained by the region's significant customer base and important player presence.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Bioenergy Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Bioenergy Market, By Product Type, 2019-2032 (USD Million)
6.1 Solid Biomass
6.2 Liquid Biofuel
6.3 Biogas
6.4 Others
7. Global Bioenergy Market, By Feed stock, 2019-2032 (USD Million)
7.1 Agricultural Waste
7.2 Wood Waste
7.3 Solid Waste
7.4 Others
8. Global Bioenergy Market, By Application, 2019-2032 (USD Million)
8.1 Power Generation
8.2 Heat Generation
8.3 Transportation
8.4 Others
9. Global Bioenergy Market, By Region, 2019-2032 (USD Million)