Biomass Gasification Market Forecasts to 2028 – Global Analysis By Source (Animal Waste, Agricultural Waste and Other Sources), Technology (Fluidized Bed Gasifier, Fixed Bed Gasifier and Other Technologies), Application (Transportation Fuels, Power Genera

Biomass Gasification Market Forecasts to 2028 – Global Analysis By Source (Animal Waste, Agricultural Waste and Other Sources), Technology (Fluidized Bed Gasifier, Fixed Bed Gasifier and Other Technologies), Application (Transportation Fuels, Power Generation and Other Applications) and By Geography

According to Stratistics MRC, the Global Biomass Gasification Market is accounted for $29.0 million in 2022 and is expected to reach $53.9 million by 2028 growing at a CAGR of 10.9% during the forecast period. Organic material derived from plants and animals is known as biomass. It may be utilised to produce electricity and is a renewable resource. After burning, it can provide energy in the form of both heat and electricity by first converting the heat into electricity. The conversion of organic and fossil fuels into gases is known as gasification. It is accomplished without combustion by using steam and a controlled amount of oxygen. In a regulated atmosphere, biomass derived from organic matter is transformed into gases like carbon dioxide, hydrogen, and carbon monoxide. This process is known as biomass gasification.

According to the IRENA, the availability of world sustainable biomass is expected to raise continuously from 2,500 million tons of oil equivalent/year (Mtoe/year) in 2020 to 5,700–7,000 Mtoe/year by 2050.

Market Dynamics

Driver

Abundant availability of biomass feedstock

Demand for food and other basic resources has increased as a result of the expanding population. As a result, industrial and agricultural activity has expanded, which has led to improper waste management. Negative environmental effects occur from the garbage produced being either openly burned or left in the field to degrade. Consequently, the wise use of copious biomass waste is becoming more popular. Urbanisation is predicted to result in an increase in biomass wastes like agricultural wastes, forestry residues, industrial wastes, animal wastes, and municipal solid wastes (MSW). As a result, it is anticipated that the supply of biomass feedstocks would expand, which will enhance the production of biomass and fuel the market for biomass gasification.

Restraint

Technical issues due to tar formation

Tar is an organic substance that is created when any organic material is subjected to heat or partial-oxidation regimes (gasification). According to several scientists, tar is a substance with a molecular weight greater than benzene. For updraft gasifiers, tar concentrations in biomass producer gas are 100 g/Nm3, for fluidized-bed gasifiers it is 10 g/Nm3, and for downdraft gasifiers it is 1 g/Nm3. Tar production as a result of biomass gasification is undesirable. Numerous problems result from this, including decreased system effectiveness, poor gas flow, equipment obstructions, and greater maintenance. Despite the fact that there are numerous tar removal techniques in recent days, this problem presents a significant technological difficulty and restrains market expansion.

Opportunity

Increasing application for MSW, and growing industrial application

Several countries are implementing standards of excellence for managing municipal garbage. This helps avoid burning or disposing of MSW in landfills, both of which increase carbon emissions and harm the environment. In the waste is organic material from normal household and other activities. It burns quickly and generates a lot of gas and heat energy, both of which can be used to generate electricity, thanks to its high organic content. Small-scale industrial or residential environments were the only ones that could accommodate biomass gasification systems. Growing investment and greater awareness of the various benefits and incentives have raised the demand for biomass gasification. The technique has thus has become more commercialised, which encourages the growth of the biomass gasification business.

Threat

High Initial Investments

Gasification plants for biomass are expensive to install. The required tools are heavy and expensive. Furthermore, the labour costs are high for the same. Building and running gasification facilities become more expensive as a result. This limits the market for biomass gasification's growth. This reduces biomass gasification's overall market share in the primary energy sector. Apathy among investors is also bad for the market. While this is going on, technological advancements that result in little to no tar being produced during the gasification process are opening up business opportunities for biomass gasification.

Covid-19 Impact

The global biomass gasification market suffered from the drop in waste management operations brought on by the global supply chain disruption, especially in the beginning. The ongoing and planned projects were delayed as a result of a broken supply chain, a backlog in government clearances, and a refusal to compromise. To transition to clean energy from biomass gasification, governmental and private players worldwide are investing in biomass technology as the 2030 net emissions objectives approach.

The fluidized bed gasifier segment is expected to be the largest during the forecast period

The fluidized bed gasifier segment is estimated to have a lucrative growth, due to The ability to operate at greater temperatures makes the fluidized bed gasifiers advantageous for producing heat and gases like methane and hydrogen. These gasifiers are appropriate for producing fuels, chemicals, and hydrogen. The following traits are frequently seen in entrained-flow gasifiers, such as their ability to accept a range of solid feed stocks as fuel.

The power generation segment is expected to have the highest CAGR during the forecast period

The power generation segment is anticipated to witness the fastest CAGR growth during the forecast period. As gasification technology improves and the power sector actively works to shift from coal-based energy sources to affordable and environmentally friendly alternatives, biomass is likely to increase its contribution. Wastes created from biomass, such as wood, are used by the electric power sector to produce electricity that is sold to other industries. About 4.8 quadrillion Btu, or 5% of the nation's total primary energy consumption, came from biomass energy.

Region with highest share

Asia Pacific is projected to hold the largest market share during the forecast period owing to large number of forests in China and India, which makes biomass readily available for use in the gasification process to generate heat, chemicals, and power. As a result, more companies are using gasifiers to reduce pollution and safely dispose of waste due to the simple access to biomass and wastes like wood pulp, sawdust, and paper. In addition, the region's developing nations' accelerating rates of industrialization and urbanisation are fueling the market's expansion in terms of revenue.

Region with highest CAGR

Europe is projected to have the highest CAGR over the forecast period, owing to the region's technological breakthroughs as well as the clear government strategies for the sustainable generation of energy. Additionally, it is anticipated that the region's use of biomass for the production of heat and electricity will develop due to the availability of incentives and subsidies for the construction of biogas plants by European governments.

Key players in the market

Some of the key players profiled in the Biomass Gasification Market include Syntech Bioenergy, LLC, Valmet, Urjagen PVT LTD, Thyssenkrupp AG, Eqtec, Cosmo Powertech PVT LTD., Mitsubishi Heavy Industries, Ltd., Enerkem, Synthesis Energy Systems, Inc., Shanghai Haiqi Environmental Protection Technology Co., Ltd., Yosemite Clean Energy, Fulcrum Bioenergy, Ankur Scientific, Bellwether Recuperative Gasification LTD., DP Cleantech, Recor, Chanderpur Group, Husk Power Systems and Infinite Energy.

Key Developments

In May 2022, Valmet's new pre-treatment Biotrac pilot plant opened at the fiber technology center in Sundsvall, Sweden. The pilot facility investment would help Valmet enhance its research and development skills in the field of biomass pre-treatment, as well as respond to the market need for bioenergy, biofuels, and biochemicals.

In December 2021, Tahara Biomass Power LLC contracted with Valmet. Valmet contribution consisted of a biomass-fired 112 MWe Valmet circulating fluidized bed boiler and a flue gas cleaning system. The Tahara biomass power plant would produce 770 million kWh per year, with wood pellets serving as the primary fuel. In Japan, all electricity generated is supplied to grid companies via a feed-in tariff scheme.

In October 2019, Synthesis Energy Systems, Inc. signed a definitive merger agreement to merge and acquire 100% shares in Australian Future Energy Pty Ltd (Australia). SES already owned 35% shares in Australian Future Energy and now plans to merge it with its wholly owned subsidiary. The strategy will expand the company’s product offerings and enhance its position in the syngas and derivatives market.

Sources Covered
• Animal Waste
• Agricultural Waste
• Municipal Waste
• Forest Waste
• Liquid Biomass
• Solid Biomass
• Biogas
• Other Sources

Technologies Covered
• Fluidized Bed Gasifier
• Fixed Bed Gasifier
• Entrained Flow Gasifier
• Moving or Fixed Bed
• Plasma
• FCC-Fluid Catalytic Cracking
• Other Technologies

Applications Covered
• Transportation Fuels
• Power Generation
• Biochar
• Chemicals
• Ethanol
• Hydrogen Generation
• Other Applications

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities,Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements