Press release
Biomass Power Generation Market to Provide Over USD $ 66.23 billion Revenue Post 2026 with Leading Player’s - Vattenfall AB, The Babcock & Wilcox Company, Sodra Cell Varo Pulp Mill, Skive Fiernvarme, Rudorsdorfer Zement, MGT Power Ltd.,etc.
Global Biomass Power Generation Market is accounted for $35.12 billion in 2017 and is expected to reach $66.23 billion by 2026 growing at a CAGR of 7.3% during the forecast period. Technological advancements, availability of carbon credits for renewable energy projects, increasing focus on research and development environmental benefits and government support are some key factors driving the market growth.
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Industry Overview
Biomass power generation comprises power generation from individual and ordinary carbon-containing waste. These waste products are copied from various sources, including by-products from the wood industry, sugarcane crops, forested plants, farming residue, oil-rich algae, and pure municipal and industrial waste. Power generation through biomass is acquirement of popularity. Improving energy from garbage has evolved over the years from simple burning of waste in an abandoned environment to controlled burning of waste, which ensures surroundings friendliness. Biomass is an ideal replacement for conventional fossil fuels used for heating and power generation.
By feedstock, agriculture & forest residues segment accounted significant growth in the past few years owing to rapid growth of industrialization, developing countries and the growing demand for energy.
Based on geography, Europe held the largest market due to factors such as funding programs, investment subsidies, incentives and tax benefits play a significant role in developing the industry in countries such as Germany and the UK.
Top Market Player’s
Some of the key players profiled in the Biomass Power Generation market include Vattenfall AB, The Babcock & Wilcox Company, Sodra Cell Varo Pulp Mill, Skive Fiernvarme, Rudorsdorfer Zement, MGT Power Ltd., Lahti Energia, Helius Energy Plc, Forth Energy Ltd., Enviva LP, Drax Group plc, DONG Energy A/S, Corenso United, Ameresco, Inc. and Alstom SA.
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Market Segments
Technologies Covered:
Landfill Gas (LFG), Gasification, Combustion, Co-firing & CHP, Anaerobic Digestion
End Users Covered:
Industrial Sector, Government Sector, Household , Other End Users
Feedstocks Covered:
Woody Biomass, Urban Residues, Landfill Gas Feedstock, Biogas & Energy Crops, Agriculture & Forest Residues, Other Feedstocks
Regions Covered:
North America, Europe, Asia Pacific, South America, Middle East & Africa
What our report offers:
1. Market share assessments for the regional and country level segments
2. Market share analysis of the top industry players
3. Strategic recommendations for the new entrants
4. Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
5. Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
6. Strategic recommendations in key business segments based on the market estimations
7. Competitive landscaping mapping the key common trends
8. Company profiling with detailed strategies, financials, and recent developments
9. Supply chain trends mapping the latest technological advancements.
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About Us
We offer the exclusive market research solution for all the industries by performing the comprehensive investigation of industry trends, globally. The Association in every industry such as Technology, Healthcare, Aerospace, Consumable Goods and others demands a market-based solutions for various vital decisions based on productivity.
Our main goal is to Boost and Associate organizations to Build everlasting strategic enhancement and recognize growth Purpose. The organization assists its clients to accomplish business policies and achieve Continuous growth in their respective market domain.
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San Antonio, TX,78202
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