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Asia Pacific Biomass Energy Market: By Source: Wood, Agricultural Crops and Residues, Animal Residues, Municipal Solid Waste and Sewage, Others; By Segment; By Type: By Application; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Asia Pacific Biomass Energy Market Outlook

The Asia Pacific biomass energy market reached a value of about 49 GW in 2020. The market is further expected to grow at a CAGR of 9% in the forecast period of 2021-2026.

 

Rising Demand for Biogas to Augment the Biomass Energy Industry Growth

The market is segmented on the basis of type into solid biomass, liquid biomass, and biogas, among others. Out of these, biogas is considered to be growing at a rapid pace due to the growing focus on gasification technology. The gasification method converts solid biomass into gaseous fuels that are further wont to generate electricity with remaining gas used as synthesis gas in chemical industries. Gasification technology is gaining traction due to its ability to significantly reduce carbon emissions while producing a high calorific gas from a renewable source. Meanwhile, the direct biomass combustion technology occupies a significant place in the industry. Direct biomass combustion technology has relatively non-complex operations, higher reliability, and lower cost in comparison to other advanced biomass power technologies. However, its use may witness a decline as other efficient technologies come up in the market.

 

Asia Pacific Biomass Energy Market

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China to Provide Enhanced Growth Opportunities to the Asia Pacific Biomass Energy Industry

China is the world's fastest-growing region in terms of infrastructure construction, tremendous spending, and a growing industrialisation pattern. These aspects have led to the development of several manufacturing and commercial facilities in the country, thus, resulting in increased demand for energy sources. In the Asia Pacific economy, China is constantly looking forward to growing its importance. As per the 2018 World Investment Survey, China, Hong Kong, and Singapore are the three big countries that have earned the highest FDI investments. India and Japan have a growing ability to satisfy the need for biomass energy due to the growth of the manufacturing sector and increasing chemical operations.

 

Biomass Energy: Industry Definition and Segmentation

Bio-energy may be described as energy produced from biological and renewable sources (biomass); bio-energy can be derived in the form of heat or converted into electricity for delivery. Biomass also can be converted into biofuels, which are lightweight feedstock for use in the generation of bio-energy. Biofuels are classified as feedstock intended for the production of bio-energy, derived directly or indirectly from biomass. Biofuels can be in solid form (fuelwood, biomass, wood pellets, briquettes, and others) or liquid (bioethanol, biodiesel).

 

Asia Pacific Biomass Energy Market by Source

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By source, the market is categorised into:

  • Wood
  • Agricultural Crops and Residues
  • Animal Residues
  • Municipal Solid Waste and Sewage
  • Others

Based on segment, the market is bifurcated into:

  • Renewable
  • Non-Renewable

On the basis of type, the market is divided into:

  • Solid Biomass
  • Liquid Biomass
  • Biogas
  • Others

Among these, while the solid biomass segment is subdivided into electricity and others, the liquid biomass segment is divided into ethanol, and biodiesel, among others, based on type.

By application, the market is segmented into:

  • Commercial 
  • Industrial 
  • Others

The regional markets for the product include China, Japan, India, Australia, and South Korea, among others.

 

Asia Pacific Biomass Energy Market by Region

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Increasing Demand for Energy Efficiency to Bolster the Growth of the Biomass Energy Industry in the Asia Pacific 

The Asia Pacific biomass energy industry is being supported by the growth of the industrial biomass boiler industry and the growing focus on sustainable development. The Asia Pacific industrial biomass boiler market is projected to be on an up-surging trend owing to the growing adoption of biomass-based energy sources. This is due to the depleting fossil fuel supplies and increasing energy demand across countries such as China, India, and others. The adoption of biomass boilers to satisfy energy demand is one of the major factors that is leading to the development of the Asia Pacific industrial biomass boiler industry. The favourable government policies enabling thermal power plants to move from coal to cleaner fuels, such as biomass, are projected to play a crucial role in demand growth over the forecast period. Biomass produces bioenergy that is used in many end-use markets to decrease reliance on fossil fuels, mitigate greenhouse gas (GHG) emissions, and increase the reliability of the energy supply. Moreover, the decrease in coal use along with the increasing use of wood biomass for distributed electricity generation is anticipated to positively impact the industry landscape.

The developing economies are the prominent countries indulged in adopting the energy-efficient fuels, which drive the market development. The growing demand for energy-efficient fuels like biomass would also lead to the increasing acceptance of biomass energy, which in the coming era will propel the demand for biomass energy.

 

Key Industry Players in the Asia Pacific Biomass Energy Market

The report gives a detailed analysis of the following key players in the Asia Pacific biomass energy market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ACCIONA Group.
  • Mitsui E&S Engineering Co., Ltd 
  • Hitachi Zosen Corporation 
  • Anaergia Inc. 
  • DP CleanTech 
  • Jyoti Bio Energy Limited 
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Source, Segment, Type, Application, Country
Breakup by Source Wood, Agricultural Crops and Residues, Animal Residues, Municipal Solid Waste and Sewage, Others
Breakup by Segment Renewable, Non-Renewable
Breakup by Type Solid Biomass, Liquid Biomass, Biogas
Breakup by Application Commercial, Industrial, Others
Breakup by Country China, Japan, India, Australia, South Korea, Others
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered ACCIONA Group, Mitsui E&S Engineering Co. Ltd, Hitachi Zosen Corporation, Anaergia Inc., DP CleanTech, Jyoti Bio Energy Limited, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Asia Pacific
7    Industry Opportunities and Challenges
8    Global Biomass Energy Market Overview

    8.1    Key Industry Highlights
    8.2    Global Biomass Energy Historical Market (2016-2020) 
    8.3    Global Biomass Energy Market Forecast (2021-2026)
    8.4    Global Biomass Energy Market by Region
        8.4.1    Market Share
            8.4.1.1    North America
            8.4.1.2    Europe
            8.4.1.3    Asia Pacific
            8.4.1.4    Latin America
            8.4.1.5    Middle East and Africa
9    Asia Pacific Biomass Energy Market Analysis
    9.1    Key Industry Highlights
    9.2    Asia Pacific Biomass Energy Historical Market (2016-2020) 
    9.3    Asia Pacific Biomass Energy Market Forecast (2021-2026)
    9.4    Asia Pacific Biomass Energy Market by Source
        9.4.1    Wood
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2016-2020)
            9.4.1.3    Forecast Trend (2021-2026)
        9.4.2    Agricultural Crops and Residues
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2016-2020)
            9.4.2.3    Forecast Trend (2021-2026)
        9.4.3    Animal Residues
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2016-2020)
            9.4.3.3    Forecast Trend (2021-2026)
        9.4.4    Municipal Solid Waste and Sewage
            9.4.4.1    Market Share
            9.4.4.2    Historical Trend (2016-2020)
            9.4.4.3    Forecast Trend (2021-2026)
        9.4.5    Others
    9.5    Asia Pacific Biomass Energy Market by Segment
        9.5.1    Renewable
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2016-2020)
            9.5.1.3    Forecast Trend (2021-2026)
        9.5.2    Non-Renewable
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2016-2020)
            9.5.2.3    Forecast Trend (2021-2026)
    9.6    Asia Pacific Biomass Energy Market by Type
        9.6.1    Solid Biomass
            9.6.1.1    Market Share
            9.6.1.2    Historical Trend (2016-2020)
            9.6.1.3    Forecast Trend (2021-2026)
            9.6.1.4    Breakup by Type
                9.6.1.4.1    Electricity
                    9.6.1.4.1.1    Market Share
                    9.6.1.4.1.2    Historical Trend (2016-2020)
                    9.6.1.4.1.3    Forecast Trend (2021-2026)
                9.6.1.4.2    Others
        9.6.2    Liquid Biomass
            9.6.2.1    Market Share
            9.6.2.2    Historical Trend (2016-2020)
            9.6.2.3    Forecast Trend (2021-2026)
            9.6.2.4    Breakup by Type
                9.6.2.4.1    Ethanol
                    9.6.2.4.1.1    Market Share
                    9.6.2.4.1.2    Historical Trend (2016-2020)
                    9.6.2.4.1.3    Forecast Trend (2021-2026)
                9.6.2.4.2    Biodiesel
                    9.6.2.4.2.1    Market Share
                    9.6.2.4.2.2    Historical Trend (2016-2020)
                    9.6.2.4.2.3    Forecast Trend (2021-2026)
                9.6.2.4.3    Others
        9.6.3    Biogas
            9.6.3.1    Market Share
            9.6.3.2    Historical Trend (2016-2020)
            9.6.3.3    Forecast Trend (2021-2026)
        9.6.4    Others
    9.7    Asia Pacific Biomass Energy Market by Application
        9.7.1    Commercial
            9.7.1.1    Market Share
            9.7.1.2    Historical Trend (2016-2020)
            9.7.1.3    Forecast Trend (2021-2026)
        9.7.2    Industrial
            9.7.2.1    Market Share
            9.7.2.2    Historical Trend (2016-2020)
            9.7.2.3    Forecast Trend (2021-2026)
        9.7.3    Others
    9.8    Asia Pacific Biomass Energy Market by Country
        9.8.1    Market Share
            9.8.1.1    China
            9.8.1.2    Japan
            9.8.1.3    India
            9.8.1.4    Australia
            9.8.1.5    South Korea
            9.8.1.6    Others
10    Regional Analysis
    10.1    China
        10.1.1    Historical Trend (2016-2020)
        10.1.2    Forecast Trend (2021-2026)
    10.2    Japan
        10.2.1    Historical Trend (2016-2020)
        10.2.2    Forecast Trend (2021-2026)
    10.3    India
        10.3.1    Historical Trend (2016-2020)
        10.3.2    Forecast Trend (2021-2026)
    10.4    Australia
        10.4.1    Historical Trend (2016-2020)
        10.4.2    Forecast Trend (2021-2026)
    10.5    South Korea
        10.5.1    Historical Trend (2016-2020)
        10.5.2    Forecast Trend (2021-2026)
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyers Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    EMR’s Key Indicators for Demand
    11.4    EMR’s Key Indicators for Price
12    Value Chain Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    ACCIONA Group
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Financial Summary
            13.2.1.5    Certifications
        13.2.2    Mitsui E&S Engineering Co., Ltd
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Financial Summary
            13.2.2.5    Certifications
        13.2.3    Hitachi Zosen Corporation
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Financial Summary
            13.2.3.5    Certifications
        13.2.4    Anaergia Inc.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Financial Summary
            13.2.4.5    Certifications
        13.2.5    DP CleanTech
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Financial Summary
            13.2.5.5    Certifications
        13.2.6    Jyoti Bio Energy Limited
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Financial Summary
            13.2.6.5    Certifications
        13.2.7    Others
14    Industry Events and Developments


List of Figures and Tables

1.    Global Biomass Energy Market: Key Industry Highlights, 2016 and 2026
2.    Global Biomass Energy Historical Market: Breakup by Region (GW), 2016-2020
3.    Global Biomass Energy Market Forecast: Breakup by Region (GW), 2021-2026
4.    Asia Pacific Biomass Energy Market: Key Industry Highlights, 2016 and 2026
5.    Asia Pacific Biomass Energy Historical Market: Breakup by Source (GW), 2016-2020
6.    Asia Pacific Biomass Energy Market Forecast: Breakup by Source (GW), 2021-2026
7.    Asia Pacific Biomass Energy Historical Market: Breakup by Segment (GW), 2016-2020
8.    Asia Pacific Biomass Energy Market Forecast: Breakup by Segment (GW), 2021-2026
9.    Asia Pacific Biomass Energy Historical Market: Breakup by Type (GW), 2016-2020
10.    Asia Pacific Biomass Energy Market Forecast: Breakup by Type (GW), 2021-2026
11.    Asia Pacific Biomass Energy Historical Market: Breakup by Application (GW), 2016-2020
12.    Asia Pacific Biomass Energy Market Forecast: Breakup by Application (GW), 2021-2026
13.    Asia Pacific Biomass Energy Historical Market: Breakup by Country (GW), 2016-2020
14.    Asia Pacific Biomass Energy Market Forecast: Breakup by Country (GW), 2021-2026
15.    Asia Pacific Biomass Energy Market Structure

Key Questions Answered in the Report

In 2020, the Asia Pacific biomass energy market attained 49 GW.

The market is projected to grow at a CAGR of 9% between 2021 and 2026.

The major drivers of the industry, such as the rising need for renewable energy solutions, increasing demand for energy, favourable government policies, and rapid urbanisation, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the rise in technological advancements and various efforts taken by public and private organisations.

The major regions in the industry are China, Japan, India, Australia, and South Korea, among others.

The significant sources of the product are wood, agricultural crops and residues, animal residues, and municipal solid waste and sewage, among others.

The major segments of the product are renewable and non-renewable.

The major product types include solid biomass, liquid biomass, and biogas, among others.

The significant applications of the product are commercial and industrial, among others.

The major players in the industry are ACCIONA Group., Mitsui E&S Engineering Co., Ltd, Hitachi Zosen Corporation, Anaergia Inc., DP CleanTech, and Jyoti Bio Energy Limited, among others.

Analyst Review

The Asia Pacific biomass energy market reached 49 GW in 2020, driven by the rising use of biogas for energy. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 9%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of source, the market is divided into wood, agricultural crops and residues, animal residues, and municipal solid waste and sewage, among others. Based on segment, the market is bifurcated into renewable and non-renewable. By application, the market is segmented into commercial and industrial, among others. Based on type, the industry is divided into solid biomass, liquid biomass, biogas, and others. Among these, the solid biomass segment is subdivided into electricity and others, while the liquid biomass segment is subdivided into ethanol and biodiesel, among others. The major regional markets for biomass energy in the Asia Pacific are China, Japan, India, Australia, and South Korea, among others. The key players in the above market include ACCIONA Group., Mitsui E&S Engineering Co., Ltd, Hitachi Zosen Corporation, Anaergia Inc., DP CleanTech, and Jyoti Bio Energy Limited, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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