Press release
Bioenergy Market Report 2023 | Industry Size to Reach 228.1 GW by 2028
According to IMARC Group's latest report, titled "๐๐ข๐จ๐๐ง๐๐ซ๐ ๐ฒ ๐๐๐ซ๐ค๐๐ญ: ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ, ๐ฆ๐ถ๐๐ฒ, ๐๐ฟ๐ผ๐๐๐ต, ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ 2023-2028", the bioenergy market reached 144.4 GW in 2022. Looking forward, IMARC Group expects the market to reach 228.1 GW by 2028, exhibiting a CAGR of 7.75% during 2023-2028.Bioenergy refers to a form of renewable energy that is generated from organic substances, such as biomass, biogas, and biofuel. It is eco-friendly as it is produced from feedstock, including solid waste, agricultural waste, and liquid biofuels. Bioenergy is widely used to produce heat, fuel for transportation, electricity, and for heating and cooking applications. Additionally, its production contributes to a sustainable, secure, and economically sound future by supplying clean energy sources and revitalizing rural economies.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ: https://www.imarcgroup.com/bioenergy-market/requestsample
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐๐ง๐๐ซ๐ ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
The growing prevalence of global warming, on account of the increasing industrial activities across numerous countries, is primarily augmenting the bioenergy market. Furthermore, the rising focus of the masses on sustainable development by using bio-based fuels for power generation and biomass to develop low-cost and energy effect construction materials is positively influencing the market growth. Apart from this, the increasing environmental consciousness among consumers regarding the adverse effects of pollution and greenhouse gas (GHG) emission is acting as another significant growth-inducing factor.
Moreover, the growing utilization of biofuels to reduce air pollution and emission of GHG, owing to the increasing instances of respiratory diseases, such as pulmonary fibrosis, asthma, and lung cancer, is also bolstering the global market. Besides this, the escalating demand for biomass-based electricity generation and the launch of several government initiatives to promote the usage of renewable energy sources are further catalyzing the market growth. Additionally, the inflating technological advancements, including the integration of artificial intelligence (AI) and machine learning (ML) with connected devices for optimizing energy usage, balancing electricity supply, and predicting the performance of biomass conversion, are also driving the global market. In addition to this, the growing urbanization and industrialization levels and extensive R&D activities conducted by key players are expected to drive the bioenergy market in the coming years.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐: https://www.imarcgroup.com/checkout?id=5928&method=1
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐๐ง๐๐ซ๐ ๐ฒ ๐๐๐ซ๐ค๐๐ญ 2023-2028 ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
The competitive landscape of the bioenergy market has been studied in the report with the detailed profiles of the key players operating in the market.
๐ฆ๐ผ๐บ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ๐๐ฒ ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
Archer-Daniels-Midland Company, Babcock & Wilcox Enterprises Inc., Bunge limited, EnviTec Biogas AG, Fortum Oyj, Hitachi Zosen Corporation, Mitsubishi Heavy Industries Ltd., MVV Energie AG, รrsted A/S, Pacific BioEnergy and POET LLC.
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
The report has segmented the bioenergy market bases on product type, feedstock and application..
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has been segmented the market into following categories:
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐:
Solid Biomass
Liquid Biofuel
Biogas
Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐ ๐๐๐๐ฌ๐ญ๐จ๐๐ค:
Agricultural Waste
Wood Waste
Solid Waste
Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
Power Generation
Heat Generation
Transportation
Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ% ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/bioenergy-market
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 |
Europe & Africa: +44-753-713-2163 |
Asia: +91-120-433-0800
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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