openPR Logo
Press release

Biomass Power Generation Market - Industry Insights 2022 | Research Report

Biomass Power Generation Market - Industry Insights 2022 |

The global market for biomass power generation is fragmented on account of the presence of a large number of players, finds Transparency Market Research (TMR) in a new study. A large number of market players are adopting business strategies such as product innovations, partnerships, and acquisitions to make their foothold stronger in the market.

This 228 page report gives readers a comprehensive overview of the Biomass Power Generation Market market. Browse through 36 data tables and 104 figures to unlock the hidden opportunities in this market@

For instance, in April 2017, Mitsubishi Corporation Power Systems, Inc. joined hands with The Kansai Electric Power Co., Inc. (KEPCO) to set up a biomass power generation project in Japan. The project aims at reducing the overall carbon emissions by switching from the use of crude oil or heavy oil to woody biomass.
According to TMR, the global market for biomass power generation is expected to reach US$50.52 bn by the end of 2022, expanding steadily at a CAGR of 6.4% between 2014 and 2022.

Untapped Potential of Asia Pacific Offers Substantial Opportunities

By geography, the global market for biomass power generation is segmented into the Middle East and Africa, Europe, Latin America, Asia Pacific, and North America. North America is expected to lead the global market for biomass power generation due to the presence of favorable regulatory frameworks and government encouragement. Asia Pacific also holds significant growth potential.

By type of feedstock, the global market for biomass power generation has been segmented into agriculture and forest residues, woody biomass, urban residues, landfill gas feedstock, and biogas and energy crops. Of these, the woody biomass segment is expected to lead the market thanks to its eco-friendly and cost-effective advantages.

Environmental Benefits and Government Support Drive Demand

The use of biomass in power generation not only ensures reduction of greenhouse gas emissions, it also reduces the cost of energy production. Increased visibility, cleaner air, and better public health are some other advantages of biomass power generation. Governments of several countries such as the U.K., the U.S., Australia, India, Indonesia, Poland, and Germany are either offering grants and incentives or proposing legislations supporting the use of biomass power generation. Because biomass power generation involves the use of natural and human waste such as oil-rich algae, sawdust, woody plants, organic industrial and municipal waste, sugarcane crops, timber industry, and agricultural residue, there is a significant decline in environmental hazards including air pollution.

The increasing awareness associated with the protection of environment has been a key growth driver of the global market for biomass power generation. Elimination of the need for conventional sources of energy such as diesel has also been promoting growth. Increasing applications such as transportation and industrial processes are also likely to boost the market. Rapid pace of industrialization and urbanization in the emerging economies has led to an increasing adoption of this more reliable, affordable, and easily accessible supply of energy.

Nonetheless, the growth of the market can get inhibited by factors such as low level of awareness about biomass power generation and presence of a weak supply chain. However, the low costs of forestry and agricultural waste can make biomass power generation a strong contender to conventional power generation. Even in nations where feedstock is costly, coal-fired power generation is still costlier than biomass power generation. Therefore, the increased inclination towards off-grid power supply will render biomass a viable alternative, creating opportunities.

Get accurate market forecast and analysis on the Biomass Power Generation Market market. Request a sample to stay abreast on the key trends impacting this market@

The information presented in this review is based on a Transparency Market Research report, titled, “Biomass Power Generation Market (Feedstock - Woody Biomass, Agriculture & Forest Residues, Biogas & Energy Crops, Urban Residues, and Landfill Gas Feedstock; and Technology - Anaerobic Digestion, Combustion, Gasification, Co-firing & CHP, and Landfill Gas (LFG)) - Global & U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022”.

Key segments of the Biomass Power Generation Market

Global Biomass Power Generation Market, by Feedstock
-Woody Biomass
-Agriculture & Forest Residues
-Biogas & Energy Crops
-Urban Residues
-Landfill Gas Feedstock

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

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 Biomass Power Generation Market - Industry Insights 2022 | Research Report here

News-ID: 524727 • Views: 502

More Releases from Transparency Market Research-Energy

Titanium Diboride Market
Titanium diboride is a part of metallic hard materials group. It is widely known for its extreme hardness and its composition. It is composed of boron and titanium that are known for its resistance to mechanical erosion. It is also known to be a reasonable electrical conductor and therefore has application as a cathode material in aluminum smelting. It can also be shaped by electrical discharge machining. Titanium diboride is
Static VAR Generator Market Projected to Grow at Steady Rate through 2025
Static VAR (Volt-Ampere Reactive) Generator which is also called high-voltage dynamic responsive power gadget & static synchronous compensator, performs dynamic power compensation with the help of reactive power compensation by a self-commutated control semiconductor connect inverter. Power quality has critical effect on power efficiency of static VAR generator. Good power quality lessens the vitality of energy loss and expands equipment lifespan for lower cost of static VAR generator. Various industries are
Torque Limiter Market Assessment and Forecast Report by Transparency Market Rese …
Torque Limiter Market: Overview A torque limiter is a device that automatically shields mechanical equipment and its work from being damaged because of mechanical overload. It is possible for the torque limiter either uncouple the load completely (shear pin) or simply limit torque by slippage. A torque limiter is particularly useful to reduce damage caused by crash jams and stops. Torque limiters could either be packaged as a hub for sheave
Stormwater Treatment Systems Market Set to Witness Steady Growth through 2017-20 …
Global Stormwater Treatment Systems Market: Overview Stormwater originates during ice melts and precipitation events. It can run off or be held on the surface eventually getting evaporated or soak into the soil (called infiltration). Stormwater treatment means the removal of toxins and pollutants from the water. Running stormwater is a major source of pollution. The increased flow of stormwater can encourage weed

All 5 Releases

More Releases for Biomass

Biomass Power Market Growth Strategies Followed by Key Players: EnviTec Biomass …
Global Biomass Power Market – Overview Biomass Power classified as "renewable" energy source is the energy generated by burning wood, and other organic matter. Burning biomass releases carbon emissions, around a quarter higher than burning coal, however since plants can be regrown, and Biomass is considered as renewable energy. It has become popular among coal power stations, which switch from coal to biomass to comply with the law. Biomass most often
Biomass Boiler Market, Biomass Boiler Market Trends, Biomass Boiler Market Growt …
An extensive forecast study, titled “Biomass Boiler Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” has been broadcasted to the online repository of Market Research Reports Search Engine (MRRSE). This 291-page precise study encapsulates valuable details about the market current scenario as well as its future projections on a global and regional level. It further intensely aims to provide major insights into the market’s
Global Biomass Energy Market has Great Future
Qyresearchreports include new market research report Global Biomass Energy Sales Market Report 2017 to its huge collection of research reports. The market study on the global Biomass Energy market is a scientific instrument to understand the performance of the said market over the forecast period. The report includes historical values as well as future projections, which serve as crucial indices for companies interested to participate in the Biomass Energy market. Using
Global Biomass Pellet Fuel Market 2017 by Key Players - Woodpellets2u, Biomass P …
Biomass Pellet Fuel market 2017, presents a professional and in-depth study on the current state of Biomass Pellet Fuel market globally, providing basic overview Biomass Pellet Fuel market including definitions, classifications, applications and industry cost structure, supply chain, Biomass Pellet Fuel Market report furnishes expansion policies and plans are discussed as well as manufacturing processes and techniques. Enquire for Sample Report @ Highlights of the report are to showcase the Biomass
Global Biomass Boiler Market Research Report 2017
In this report, the global Biomass Boiler market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Biomass Boiler in these regions, from 2012 to 2022 (forecast), covering North
Global Biomass Molding Fuel Market 2016 - 2020
The Biomass Molding Fuel report created by Markets N Research includes in-depth study of variable market trends and statistics by dynamic team of researchers. The report provides detailed information about the definition and specification, and focuses on overall analysis of the manufacturing process along with in-depth classification of segments based on applications, end-users, and product’s physical properties. The report delivers precise data relevant to competitive analysis based on regional insight