$73.33 Billion Global Biomass Electricity Markets, Analysis and Forecast, 2015-2020, 2025F, 2030F

DUBLIN, April 19, 2022–(BUSINESS WIRE)–The report “Biomass Electricity Global Market Opportunities And Strategies To 2030, By Feedstock, End-User, Technology” has been added to from ResearchAndMarkets.com offer.

The biomass electricity market reached a value of nearly $33,107.6 million in 2020, having grown at a compound annual growth rate (CAGR) of 1.9% since 2015. The market is expected to increase from $33,107.6 million in 2020 to $50,256.0 million in 2025 at a rate of 8.7%. The market is then expected to grow at a CAGR of 7.0% from 2025 and reach $73,331.9 million in 2030.

Growth during the historical period resulted from the growth of emerging markets, government incentives, the low interest rate environment and the high environmental impact of conventional power generation sources.

Going forward, global population growth and urbanization, increased investment in renewable energy generation, emphasis on reducing dependence on foreign oil, and alternative sources of electricity will stimulate growth. Factors that may impede the growth of the biomass electricity market in the future include stringent environmental regulations, operational challenges, and the COVID-19 pandemic.

The biomass power market is segmented by feedstock into solid biomass, biogas, municipal solid waste and liquid biomass. The solid biomass market was the largest segment of the biomass electricity market segmented by feedstock, accounting for 63.1% of the total in 2020. Going forward, the solid biomass market is expected to be the segment to the fastest growing biomass electricity market segmented by feedstock. , at a CAGR of 10.2% over the period 2020-2025.

The biomass electricity market is also segmented by end user into household, industrial, government and others. The industrial market was the largest segment of the biomass electricity market segmented by end user, accounting for 62.2% of the total in 2020. Going forward, the household segment is expected to be the fastest growing segment biomass electricity market segmented by end-user, at a CAGR of 9.6% over the period 2020-2025.

The biomass power market is also segmented by technology into anaerobic digestion, combustion, co-combustion, gasification and landfill gas. The combustion market was the largest segment of the biomass electricity market segmented by technology, accounting for 36.3% of the total in 2020. Going forward, the anaerobic digestion segment is expected to be the segment to the fastest growing biomass electricity market segmented by technology, at a CAGR of 9.5% during the period 2020-2025.

Western Europe was the largest region in the biomass power market, accounting for 37.5% of the total in 2020. It was followed by Asia-Pacific, followed by other regions. Going forward, the fastest growing regions in the biomass power market will be the Middle East and South America, where growth will reach CAGRs of 14.4% and 12, 4% respectively. This is followed by Africa and Eastern Europe, where the markets are expected to grow at CAGRs of 11.3% and 10.5% respectively.

The global biomass electricity market is concentrated, with a small number of players. The top ten competitors in the market accounted for up to 29.15% of the total market in 2020. This may be due to the existence of a number of local players in the market serving customers in particular geographies. The Drax group was the biggest competitor with 8.11% market share, followed by EPH with 5.51%, Engie with 4.97%, EDF with 3.01%, Iberdrola with 2.36%, Acciona SA with 1.60%, RWE with 1.46%, Orsted A/S with 1.22%, CEZ with 0.80% and Babcock and Wilcox with 0.09%

The best opportunities in the biomass electricity market segmented by feedstock will arise in the solid biomass segment, which will earn $13,079.9 million in global annual sales by 2025. The best opportunities in the segment per end-user will arise in the industrial segment, which will earn $10,510.2 million in global annual sales by 2025. The segment’s top opportunities by technology will arise in the combustion segment, which will earn $6,262.9 million in global annual sales by 2025. Biomass electricity market size will gain the most in China at $2,247.9 million.

Main topics covered:

1. Executive Summary of Biomass Electricity Market

2. Table of Contents

3. List of Figures

4. List of tables

5. Structure of the report

6. Presentation

6.1. Segmentation by geography

6.2. Segmentation by raw material

6.3. Segmentation by end user

6.4. Segmentation by technology

7. Characteristics of the biomass electricity market

7.1. Market definition

7.2. Market segmentation by raw material

7.2.1. Solid biomass

7.2.2. Biogas

7.2.3. Municipal solid waste

7.2.4. Liquid biomass

7.3. Market segmentation by end user

7.3.1. Household

7.3.2. Industrial

7.3.3. Government

7.3.4. Others

7.4. Market segmentation by technology

7.4.1. Anaerobic digestion

7.4.2. Combustion

7.4.3. Co-shooting

7.4.4. Gasification

7.4.5. Landfill gas

8. Biomass Electricity Market Trends and Strategies

8.1. Bioenergy with Carbon Capture and Storage (BECCS)

8.2. Power plant transitions

8.3. Anaerobic Digestion Plants

8.4. Innovations in waste-to-energy technologies

8.5. Digital marketplaces enable a mix of renewable energies

8.6. Artificial Intelligence in Biomass Pretreatment

9. Impact of COVID-19 on the Biomass Electricity Market

9.1. Introduction

9.2. Impact on Demand

9.3. Supply chain disruption

9.4. Future prospects

10. Global Biomass Electricity Market Size and Growth

10.1. Market size

10.2. Historical Market Growth, 2015 – 2020, Value (USD Million)

10.2.1. Market drivers 2015 – 2020

10.2.2. Government incentives

10.2.3. The growth of the biomass electricity market is supported by government initiatives over the historical period.

10.2.4. Market Constraints 2015 – 2020

10.3. Market Growth Forecast, 2020 – 2025, 2030F, Value (Million USD)

10.3.1. Market Drivers 2020 – 2025

10.3.2. Constraints on the market 2020 – 2025

11. Global Biomass Electricity Market Segmentation

11.1. Global Biomass Electricity Market, Segmentation by Commodity, History & Forecast, 2015-2020, 2025F, 2030F, Value (Million USD)

11.2. Global Biomass Electricity Market, Segmentation by End User, History & Forecast, 2015-2020, 2025F, 2030F, Value (Million USD)

11.3. Global Biomass Electricity Market, Segmentation by Technology, History & Forecast, 2015-2020, 2025F, 2030F, Value (Million USD)

12. Biomass Electricity Market, Regional and Country Analysis

12.1. Global Biomass Electricity Market, By Region, Historical & Forecast, 2015-2020, 2025F, 2030F, Value (Million USD)

12.2. Global Biomass Electricity Market, By Country, Historical & Forecast, 2015-2020, 2025F, 2030F, Value (Million USD)

Companies cited

  • Drax Group

  • EPH

  • Engie

  • EDF

  • Iberdrola

  • RWE

  • Orsted A/S

  • Enviva

  • CEZ

  • Babcock and Wilcox

  • Acciona Sa

  • Dong Energy A/S

For more information about this report visit https://www.researchandmarkets.com/r/vkqzzx

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220419006105/en/

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