Feb 10, 2021   SOURCE: BusinessWire

Global Bioenergy Market Report 2020-2025: Bioenergy Installed Capacity GW & Bioenergy Power Generation TWh - ResearchAndMarkets.com

The "Bioenergy Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The bioenergy market is expected to register a CAGR of over 6% during the forecast period of 2020-2025

The growth in the bioenergy market can be attributed to the increasing shift towards renewables and other non-fossil fuel-based energy sources, such as solid biomass, biogas, and others.

Factors, such as increasing demand for energy, advancements in bioenergy conversion technologies, and increasing investment in bioenergy, and declining electricity generation costs from bioenergy facilities are expected to drive the market during the forecast period. However, the increasing penetration of electric vehicles across the globe is expected to have a negative impact on the demand for biofuels in the coming years.

Key Market Trends

Biomass to Dominate the Market

  • In 2018, the biomass-based installed power capacity increased by 5% over the previous year and has accounted for more than 70% of the bioenergy installed capacity across the world.
  • Biomass supply comes from a variety of feedstock - wood fuel, forestry residues, charcoal, pellets, agriculture crops and residues, municipal and industrial waste, biogas, biofuels, etc. Broadly, the supply can be classified into three main sectors - forestry, agriculture, and waste.
  • In 2018, more than 65% of the biopower generation in Europe came from solid biomass sources, such as wood chips and wood pellets, around 20% came from municipal waste followed by 15% from biogas. Similarly, electricity generated from biomass and waste accounted for approximately 2% of the total electricity generation in the United States.
  • Adding to this, a similar trend has been witnessed in emerging countries, such as India and Indonesia. The biomass power generation capacity in India has rapidly grown over the last few years as the Indian government focuses on increasing power generation through renewable energy sources.
  • Therefore, with the increasing demand for renewable energy sources across the globe, the biomass-based electricity generation is expected to witness a significant growth rate during the forecast period.

Competitive Landscape

The global bioenergy market is fragmented. Some of the major bioenergy technology providers and plant owners include Mitsubishi Heavy Industries Ltd, Hitachi Zosen Corp, BTG Biomass Technology Group, and Babcock & Wilcox Volund A/S, Biomass Engineering Ltd., and Orsted A/S.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET OVERVIEW

4.1 Introduction

4.2 Bioenergy Installed Capacity Historic and Forecast in GW, till 2025

4.3 Bioenergy Power Generation Historic and Forecast in TWh, till 2025

4.4 Recent Trends and Developments

4.5 Government Policies and Regulations

4.6 Market Dynamics

4.6.1 Drivers

4.6.2 Restraints

4.7 Supply Chain Analysis

4.8 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Type

5.1.1 Solid Biomass

5.1.2 Biogas

5.1.3 Renewable Waste

5.1.4 Others

5.2 Technology

5.2.1 Gasification

5.2.2 Fast Pyrolysis

5.2.3 Fermentation

5.2.4 Others

5.3 Geography

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Strategies Adopted by Leading Players

6.3 Company Profiles

6.3.1 Mitsubishi Heavy Industries Ltd

6.3.2 MVV Energie AG

6.3.3 A2A SpA

6.3.4 Hitachi Zosen Corp

6.3.5 BTG Biomass Technology Group

6.3.6 Babcock & Wilcox Volund A/S

6.3.7 Biomass Engineering Ltd

6.3.8 Orsted A/S

6.3.9 Enerkem

6.3.10 Fortum Oyj

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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