Biomass gasification is the process in which solid fuels (biomass) such as wood, wood waste and agricultural residues get converted into combustible gas mixture referred to as producer gas or syngas. This is done through a sequence of thermo-chemical reactions using heat, pressure and partial combustion which occur when the air supply (O2) is less than adequate for the completion of the process of combustion of biomass. During 2009-2016, the global biomass power market grew at a CAGR of around 8%. The market is currently being driven by abundant availability of biomass or raw material, reduced dependency on fossil fuels, absence of harmful emissions and increase in focus on use of clean energy. This report by Expert Market Research entitled “Biomass Power Market Report and Forecast 2017–2022” provides a comprehensive analysis for anyone who plans to foray into the biomass power market.
Historical market trends for the biomass power industry have been provided from 2009-2016 and forecasts have been presented till 2022. On a regional level, the report has segmented the global biomass power market into the following regions – North America, South America, Asia-Pacific and Europe. Europe currently represents the largest market accounting for 35% of the total production of biomass power followed by North America. On the basis of source, the global biomass power market has been segmented into solid biomass, biogas, municipal waste and liquid biomass with solid biomass accounting for more than 70% of the source share. For each of the source types, the report has provided both historical and future market trends. Additionally, the report has analysed the market on the basis of end-use. Currently, the industrial sector represents the biggest market followed by the transportation sector.
The value chain analysis of biomass power has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the biomass power industry has also been provided. Some of the key players in this market include Lahti Energia, Vaskiluodon Voima, Rudorsdorfer Zement, Essent, etc.
This report provides an exhaustive insight for setting-up and running a biomass gasification plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global biomass power market?
- Which are the biggest markets (regions) for biomass power?
- What are the major sources of biomass power? Which are the most popular?
- What are the key application areas for biomass power?
- Who are the key gasifiers in the biomass power market?
- What are the land and construction requirements to start a biomass gasification plant?
- What are the machinery requirements to start a biomass gasification plant?
- How is biomass gasification priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a biomass gasification plant?
- What are the running costs of a biomass gasification plant?
- How much revenue can a biomass gasification plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the biomass power industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.