Growing Demand Of Bio Energy Global Market - Key Trends and Forecast, 2017 - 2021

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Bio energy is a renewable source of energy that is made available from materials derived from biological sources. Biomass is a matter derived from plants and animals available on renewable basis. It includes wood and agricultural crops, wood waste, sugarcane, municipal organic waste, manure, etc. Bio energy is derived after bio mass conversion which can be used as fuel or can be processed first into gases and liquids and then used to produce bio energy. It is energy produced by the living organism or recently living bio organisms and by their metabolic byproducts. The combustion of biomass generates pollution like other methods used to generate energy. The burning of biofuels doesn’t result in net increase of carbon dioxide as the carbon in the biofuels was extracted by growing plants in the environment. Some of the agricultural products are specifically grown for producing bio energy called as feedstock. Feedstock is generally converted into liquid fuel which can be further used easily. It generally includes corn & soybeans, flaxseed and rapeseed which are primarily grown in the United States and in Europe.

Globally, the demand for energy is increasing continuously. One of the solutions to supply is bio energy which is emerging with the demand. Growing concern on reducing the green house gas under the Kyoto Protocol has promoted the use of conventional sources of energy such as bio mass and bio energy. Also the increasing prices of the various sources of energy and reducing fossils has driven the market for bio energy. Bio energy contributes to spread the energy mix and there is variety of feedstock for bio energy.

Some of the key players in the bio mass energy sector are Solazyme, Kior, LanzaTech, Honeywell UOP, Novozymes, POET, Gevo and Sapphire Energy among others. Some of the new entrants in this field includes DSM, Butamax, Boeing, Renewable Energy Group, Valero, Ensyn and Fiberight.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

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Asia Pacific
Europe
Rest of the World

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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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