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India Biomass Gasification Market to Grow at over 3.9% CAGR until 2027

04-27-2023 09:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

India Biomass Gasification Market to Grow at over 3.9% CAGR until

According to the latest report by IMARC Group "India Biomass Gasification Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027". The India biomass gasification market is expected to exhibit a CAGR of 3.9% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Biomass gasification refers to the process involving the thermo-chemical conversion of biomass into a combustible gas mixture, including carbon monoxide (CO) and hydrogen. It consists of a gasifier system incorporating a reactor where the gases are generated. The energy released through biomass gasification can be used for preparing food, generating electricity, heating, and transportation. This process is generally utilized to meet the thermal and electrical needs of various industries. Compared to traditional gas-powered systems, biomass gasifiers offer an optimum decentralized energy source at an affordable cost. In addition, the integration of this technique with steam and gas turbines provides a clean, efficient, and modern biomass system for the production of electricity and heat.

Request for a free sample copy of this report:https://www.imarcgroup.com/india-biomass-gasification-market/requestsample

India Biomass Gasification Market Trends:

The escalating demand for this process as a preferred substitute for conventional fuels, such as diesel, coal, and furnace oils, owing to the rising environmental concerns in individuals, is among the primary factors driving the India biomass gasification market. Besides this, the elevating requirement for this technique, as it is an efficient, eco-friendly method that lowers methane emissions from the decomposition of organic substances and reduces landfill space and groundwater contamination, is further augmenting the market growth. Moreover, the launch of several policies by the government bodies for the development of multifaceted biomass gasifier-based power plants that produce electricity with the use of locally available natural resources, including wood chips, cotton stalks, and agro-residues, is also catalyzing the market across India. Apart from this, the emerging trend of industrialization and the introduction of hybrid systems by the leading players to improve reliability while reducing the overall cost are anticipated to propel the India biomass gasification market over the forecasted period.  

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Source:

Solid Biomass
Biogas
Municipal Waste
Liquid Biomass

Breakup by Region:

North India
West and Central India
South India
East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Analyst for Customization and Browse full report with TOC List of Figure:https://www.imarcgroup.com/request?type=report&id=4478&flag=C

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.

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us

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.

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