Press release
Government Support Fuels Biomass Electricity Market Growth: Pivotal Factor Influencing Biomass Electricity Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Biomass Electricity Market Size Growth Forecast: What to Expect by 2025?
In the past few years, there has been significant growth in the size of the biomass electricity market. It is projected to expand from $55.43 billion in 2024 to $58.31 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.2%. Good incentives from governments, low-interest rates, the rise of emerging markets, and the substantial ecological impact of traditional power generation methods have all contributed to the historical growth.
How Will the Biomass Electricity Market Size Evolve and Grow by 2029?
In the coming years, anticipations are high for robust expansion in the biomass electricity market, with projections placing its worth at $72.78 billion by 2029, aided by a compound annual growth rate (CAGR) of 5.7%. Factors propelling this growth within the predicted period encompass the worldwide population surge and urbanization, increased funding in renewable power generation, measures to minimalize reliance on foreign oil, and exploration of alternate power generation sources. The forecast period will also see significant trends such as the adoption of bioenergy carbon capture to lower emissions, conversion of traditional boilers to enhance efficiency and lower carbon emissions, integration of anaerobic digestion plants to bring down emissions, investment and innovation in new waste-to-energy technologies, the push for service provision via digital marketplaces, and investments channeled towards artificial intelligence technologies for improved biomass preprocessing.
View the full report here:
https://www.thebusinessresearchcompany.com/report/biomass-electricity-global-market-report
What Drivers Are Propelling the Growth of Biomass Electricity Market Forward?
The growth of the biomass electricity market is being fueled by increasing government support through numerous subsidies and policies. This is due to heightened concerns about global warming and the escalating levels of greenhouse gases in our atmosphere, which are largely due to the combustion of fossil fuels such as coal and oil. Consequently, new government policies are being developed to promote sustainable power generation. For example, the Ministry of New and Renewable Energy in India subsidizes the creation of family-oriented biogas plants, largely for rural and semi-urban households, through its National Biogas and Manure Management Programme (NBMMP). The execution of this program is undertaken by the State Nodal Departments/State Nodal Agencies and the Khadi and Village Industries Commission (KVIC), Biogas Development and Training Centers (BDTCs). It offers subsidies reaching up to Rs. 17,000 ($230) for the establishment of biogas plants.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3864&type=smp
Which Emerging Trends Are Transforming the Biomass Electricity Market in 2025?
Firms in the biomass electricity sector are coming up with innovative ways to generate electricity through the incorporation of newly established hybrid biogas plants and other renewable energy sources such as solar energy. The use of solar energy in concert with biogas decreases the cost of operation and effort in handling farm-added waste. In a similar move, a new biogas power plant was inaugurated in Sagamihara, Japan, in August 2023 that generates an annual 1.9 million Nm3 of biogas from pig feed waste and food waste via anaerobic digestion. This plant employs a combined heat and power (CHP) system to produce both electricity and heat, which is then fed into the grid and utilized for the plant's daily operations.
What Are the Key Segments in the Biomass Electricity Market?
The biomass electricitymarket covered in this report is segmented -
1) By Feedstock: Solid Biomass, Biogas, Municipal Solid Waste, Liquid Biomass
2) By Technology: Anaerobic Digestion, Combustion, Co-Firing, Gasification, Landfill Gas
3) By End-User: Households, Industrial Sector, Government Sector, Other End Users
Subsegments:
1) By Solid Biomass: Wood Pellets, Agricultural Residues, Wood Chips, Energy Crops
2) By Biogas: Anaerobic Digestion Products, Landfill Gas, Wastewater Treatment Biogas
3) By Municipal Solid Waste: Organic Waste, Recyclable Materials, Non-recyclable Residuals
4) By Liquid Biomass: Biodiesel, Bioethanol, Other Biofuels
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=3864&type=smp
Who Are the Key Players Shaping the Biomass Electricity Market's Competitive Landscape?
Major companies operating in the biomass electricity market include Drax Group, EPH, Engie, EDF, Iberdrola, Acciona SA, RWE, Ørsted A/S, CEZ, Babcock and Wilcox, GGE Power, EnviTec Biogas AG, First Biogas International AG, Shenzhen Puxin Science & Technology Co. LTD, Mingshuo Environment Technology Group Co. Ltd., Clarke Energy, Seko Industries Srl, HC Energy, Agraferm Technologies AG, LMS Energy, Drax Power Limited, EDF Energy, E. ON UK, Enercon, Nordez, Repower, Wartsila Corporation, Suez Water, Ramboll, Graanul Invest Group, NaftoGaz Group, Iogen Corporation, Renewable Energy Group, Pond Technologies, Bio-Enpower Inc, Ag-West Bio, Airscience Technologies Inc. (Biogas), Ameresco Inc., Enviva Partners LP, N-Viro International Corporation, SolaGen Incorporated, FSE Energy Inc., BioDrill, Biomass Thermal Energy Council (BTEC), Taylor Biomass Energy LLC (TBE), American Biocarbon LLC., W2E, Carbon Green, Geradora de Energia Eletrica Alegrete, Liberty Green Renewables LLC, Usina Mandu, Brasil Biomassa e Energia Renovavel, Sonangol Group
What Geographic Markets Are Powering Growth in the Biomass Electricity Market?
Western Europe was the largest region in the biomass electricity market in 2024. Asia-Pacific was the second-largest region in the global biomass market analysis. The regions covered in the biomass electricity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3864
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Government Support Fuels Biomass Electricity Market Growth: Pivotal Factor Influencing Biomass Electricity Market Growth in 2025 here
News-ID: 4187581 • Views: …
More Releases from The Business Research Company
 
                                            
                                                    Top Trends Transforming the Fluoropolymer Films Market Landscape in 2025: Techno …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Fluoropolymer Films Industry Market Size Be by 2025?
The fluoropolymer films market has seen strong growth recently. It will expand from $2.5 billion in 2024 to $2.65 billion in 2025 at a CAGR of 5.7%. Growth drivers in the past included high thermal stability, electronics manufacturing…  
                                        
                                     
                                            
                                                    Driving Digitally Printed Wallpaper Market Growth in 2025: The Role of Rising Ur …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Digitally Printed Wallpaper Market Size Growth Forecast: What to Expect by 2025?
The digitally printed wallpaper market has expanded rapidly in recent years. It will grow from $9.13 billion in 2024 to $10.26 billion in 2025, at a CAGR of 12.4%. Historic growth was fueled by interior design preferences,…  
                                        
                                     
                                            
                                                    Top Market Shifts Transforming the Biodegradable Paper and Plastic Packaging Mar …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Biodegradable Paper and Plastic Packaging Market Through 2025?
Over the past few years, we've witnessed a significant expansion in the size of the biodegradable paper and plastic packaging market. It is projected to rise from $12.97 billion in 2024 to $14.12 billion…  
                                        
                                     
                                            
                                                    Acrylic Rubber Market Landscape to 2034: Key Forces Shaping the Next Decade of G …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Acrylic Rubber Market Size By 2025?
The acrylic rubber industry has seen robust growth in the past few years. The market value, which is projected to escalate from $1.63 billion in 2024 to $1.74 billion in 2025, implies a compound annual growth rate (CAGR) of…  
                                        
                                    More Releases for Bio
                                                    Human Plasma Products Market 2023: Industry Future Trends | Takeda, CSL, Grifols …                                                
                                            
                                        
                                            The Human Plasma Products market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with…  
                                        
                                    
                                                    Gene Therapy Products Market | Advantagene, Avalanche Bio, Bluebird Bio, Cellado …                                                
                                            
                                        
                                            The global gene therapy products market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the gene therapy products market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…  
                                        
                                    
                                                    Bio-based Polymethyl Methacrylate (Bio-PMMA) Market 2023 | Detailed Report                                                
                                            
                                        
                                            The Bio-based Polymethyl Methacrylate (Bio-PMMA) report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The Bio-based Polymethyl Methacrylate (Bio-PMMA) research report…  
                                        
                                    
                                                    Bio Pharma Buffer Market – A comprehensive study by Key Players: Bio-Rad, Lonz …                                                
                                            
                                        
                                            Latest Market intelligence report released by HTF MI with title "COVID-19 Outbreak-Global Bio Pharma Buffer Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Outbreak-Global Bio Pharma Buffer Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary…  
                                        
                                    
                                                    IVIG Market Anticipated a Noteworthy CAGR during 2019-2024 & Companies Included  …                                                
                                            
                                        
                                            A report added to the rich database of Qurate Business Intelligence, titled “World IVIG Market by Product Type, Players and Regions - Forecast to 2024”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the…  
                                        
                                    
                                                    Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 |  …                                                
                                            
                                        
                                            A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the…  
                                        
                                    