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Global Bioenergy Market: By Type: Solid Biomass, Biogas, Renewable Waste, Others; By Technology: Gasification, Fast Pyrolysis, Fermentation, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Bioenergy Market Outlook
The global bioenergy market is expected to grow at a CAGR of 5.6% in the forecast period of 2023-2028.
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North America to Account for a Significant Share in the Global Market for Bioenergy
Because of the region's strict pollution regulations, the bioenergy industry in North America is expected to grow. The United States is expected to lead bioethanol production in North America in the coming years, while Germany is expected to lead biogas production in Europe. As a result, Germany is expected to dominate the global bioenergy industry in the European bioenergy sector. Because of favourable subsidisation policies, Europe's bioenergy industry is expected to develop. Meanwhile, in the Asia Pacific, increased demand for electricity as a result of the rising population has resulted in increased demand for more resourceful and renewable energy solutions and it is expected that this area will continue to expand rapidly in the future, closely followed by the Middle East. The increasing pressure on world leaders to reduce their carbon footprint and the harmful quantity of greenhouse gases is pushing countries all over the world, especially in developing and developed countries, to seriously consider bioenergy as a viable alternative. The global bioenergy industry is projected to rise at a rapid pace as a result of these socioeconomic, financial, and political pressures.
Bioenergy: Market Segmentation
Bioenergy is a green energy supply composed of materials obtained from natural or biological sources. Biomass, for example, is a form of bioenergy that includes timber, compost, waste, sugarcane, straw, and a variety of other items. On a global scale, there is an energy crisis; as a result, plans are being made to use different types of bioenergy technologies to mitigate the current situation.
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The market is segmented by type into:
- Solid Biomass
- Biogas
- Renewable Waste
- Others
The market is categorised in terms of technology into:
- Gasification
- Fast Pyrolysis
- Fermentation
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Shift Towards Green Fuels and the Increasing Global Concern Regarding Climate Change to Aid the Bioenergy Industry Growth
The increasing shift towards renewables and other non-fossil fuel-based energy sources, such as solid biomass, biogas, and others, is a major contributor to the growth of the bioenergy industry. During the projected period, factors such as rising energy demand, advances in bioenergy conversion technology, increased bioenergy investment, and decreasing electricity generation costs from bioenergy facilities are expected to drive the industry. However, in the coming years, the growing use of electric cars around the world is expected to have a negative effect on biofuel production. The increasing concern about global warming and future energy security has resulted in increased energy protection initiatives, which is another critical growth driver for the global bioenergy industry. The transportation industry is the backbone of any financial sector, and it is heavily reliant on oil, making it highly vulnerable to oil price fluctuations. Current economic conditions rely entirely on renewable energy sources to achieve long-term energy security while reducing their reliance on other countries to develop their economies. As a result, it is anticipated that renewable green programmes undertaken by certain governments would promote the use of bioenergy in a variety of sectors. Thus, the market will grow in the forecast period as well.
Key Industry Players in the Global Bioenergy Market
The report gives a detailed analysis of the following key players in the global bioenergy market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Mitsubishi Heavy Industries Ltd
- MVV Energie AG
- A2A S.p.A.
- Hitachi Zosen Corporation
- BTG Biomass Technology Group BV
- Babcock & Wilcox Enterprises, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Technology, Regions |
| Breakup by Type | Solid Biomass, Biogas, Renewable Waste, Others |
| Breakup by Technology | Gasification, Fast Pyrolysis, Fermentation, Others |
| Breakup by Regions | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles-Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Mitsubishi Heavy Industries Ltd, MVV Energie AG, A2A S.p.A., Hitachi Zosen Corporation, BTG Biomass Technology Group BV, Babcock & Wilcox Enterprises, Inc., 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Bioenergy Market Analysis
8.1 Key Industry Highlights
8.2 Global Bioenergy Historical Market (2018-2022)
8.3 Global Bioenergy Market Forecast (2023-2028)
8.4 Global Bioenergy Market by Type
8.4.1 Solid Biomass
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Biogas
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Renewable Waste
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Bioenergy Market by Technology
8.5.1 Gasification
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Fast Pyrolysis
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Fermentation
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Bioenergy Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Bioenergy Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Bioenergy Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Bioenergy Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Bioenergy Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Bioenergy Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Mitsubishi Heavy Industries Ltd
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 MVV Energie AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 A2A S.p.A.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Hitachi Zosen Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 BTG Biomass Technology Group BV
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Babcock & Wilcox Enterprises, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Bioenergy Market: Key Industry Highlights, 2018 and 2028
2. Global Bioenergy Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Bioenergy Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Bioenergy Historical Market: Breakup by Technology (USD Million), 2018-2022
5. Global Bioenergy Market Forecast: Breakup by Technology (USD Million), 2023-2028
6. Global Bioenergy Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Bioenergy Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Bioenergy Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Bioenergy Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Bioenergy Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Bioenergy Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Bioenergy Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Bioenergy Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Bioenergy Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Bioenergy Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Bioenergy Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Bioenergy Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Bioenergy Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.6% between 2021 and 2026.
The major industry drivers include rising energy demand, advances in bioenergy conversion technology, increased bioenergy investment, and decreasing electricity generation costs from bioenergy facilities.
The key industry trends driving market growth include renewable green programmes undertaken by various governments to promote the use of bioenergy in a variety of sectors, thus driving market growth in the forecast period as well.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
Solid biomass, biogas and renewable waste, among others are the significant types of bioenergy in the industry.
The leading technology segments are gasification, fast pyrolysis, and fermentation, among others.
The major players in the industry are Mitsubishi Heavy Industries Ltd, MVV Energie AG, A2A S.p.A., Hitachi Zosen Corporation, BTG Biomass Technology Group and Babcock & Wilcox Enterprises, Inc., among others.
Analyst Review
The global bioenergy market is driven by the rising energy demand, advances in bioenergy conversion technology, increased bioenergy investment, and decreasing electricity generation costs from bioenergy facilities. Aided by the renewable green programmes undertaken by various governments to promote the use of bioenergy in a variety of sectors, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.6%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Solid biomass, biogas, and renewable waste, among others are the significant types of bioenergy in the industry. The leading technology segments are gasification, fast pyrolysis, and fermentation, among others. The major regional markets for bioenergy are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Mitsubishi Heavy Industries Ltd, MVV Energie AG, A2A S.p.A., BTG Biomass Technology Group and Babcock & Wilcox Enterprises, Inc., 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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