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Biomass Gasification Market

Global Biomass Gasification Market Trend, Analysis, Outlook: By Source: Solid Biomass, Biogas, Municipal Waste, Liquid Biomass, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032

Global Biomass Gasification Market Outlook

The global biomass gasification market size reached a value of almost USD 116.87 billion in the year 2023. The global biomass gasification market is further expected to grow at a CAGR of 8.7% between 2024 and 2032 to reach a value of almost USD 247.45 billion by 2032.

 

Biomass Gasification Market

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The global biomass gasification market is led by Europe, which is followed by North America. Europe's leading position in the industry can be attributed to the high demand for biomass, which is majorly used for offering electricity to households and institutions. The industry is further aided by its viability as an alternative to coal-based power generation. The growing environmental concerns have led to an increasing number of companies seeking out eco-friendly energy sources. As a result, the biomass gasification market in Europe has shown a significant growth rate as compared to other energy sources. Further, the governments in the region are supporting the growth of the industry through several policies and regulations. The abundant availability of biomass is also propelling the market growth in Europe.

 

Biomass Gasification Market by Source

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Properties and Applications

Biomass gasification is referred to as the process of converting solid biomass into combustible gas through a series of thermo-chemical reactions. This process produces energy, which can be used for generating electricity, cooking food, heating, and transportation. Biomass gasification has become popular over the years, especially in emerging economies, as they aim to achieve energy efficiency.

The biomass gasification market is divided on the basis of source into:

  • Solid Biomass
  • Biogas
  • Municipal Waste
  • Liquid Biomass
  • Others

Presently, solid biomass, including wood and other organic matter, represents the most significant source of biomass electricity production owing to its renewable and sustainable nature.

The report also covers the regional markets of biomass gasification like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Biomass Gasification Market by Region

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Market Analysis

The global biomass gasification market is driven by the rising environmental concerns and escalating greenhouse gas emissions, leading to a growing shift towards environment-friendly energy sources. The process helps convert waste into electricity and other useful products. Owing to this, it aids in minimizing the methane emissions from the organic materials' decomposition in landfills, in confluence with decreasing the groundwater contamination and landfill spaces.

The industry is further aided by the abundant biomass availability, along with the several initiatives taken by the governments of various countries to encourage the use of renewable sources of energy. The industry growth may find obstruction in the form of high cost in the gasification process.

 

Competitive Landscape

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

  • Thyssenkrupp AG
  • Siemens
  • Synthesis Energy Systems, Inc.
  • Mitsubishi Heavy Industries, Ltd.
  • 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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Source
  • Region
Breakup by Source
  • Solid Biomass
  • Biogas
  • Municipal Waste
  • Liquid Biomass
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Thyssenkrupp AG
  • Siemens
  • Synthesis Energy Systems, Inc.
  • Mitsubishi Heavy Industries, Ltd.
  • 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 Power Generation Market Overview

    8.1    Key Industry Highlights
    8.2    Global Power Generation Historical Market (2018-2023) 
    8.3    Global Power Generation Market Forecast (2024-2032)
    8.4    Global Power Generation Market by Product Type
    8.5    Global Power Generation Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Global Biomass Gasification Market Analysis
    9.1    Key Industry Highlights
    9.2    Global Biomass Gasification Historical Market (2018-2023) 
    9.3    Global Biomass Gasification Market Forecast (2024-2032)
    9.4    Global Biomass Gasification Market by Source
        9.4.1    Solid Biomass
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2018-2023)
            9.4.1.3    Forecast Trend (2024-2032)
        9.4.2    Biogas
                9.4.2.1    Market Share
                9.4.2.2    Historical Trend (2018-2023)
                9.4.2.3    Forecast Trend (2024-2032)
        9.4.3    Municipal Waste
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2018-2023)
            9.4.3.3    Forecast Trend (2024-2032)
        9.4.4    Liquid Biomass
            9.4.4.1    Market Share
            9.4.4.2    Historical Trend (2018-2023)
            9.4.4.3    Forecast Trend (2024-2032)
        9.4.5    Others
    9.5    Global Biomass Gasification Market by Region
        9.5.1    Market Share
            9.5.1.1    North America
            9.5.1.2    Europe
            9.5.1.3    Asia Pacific
            9.5.1.4    Latin America
            9.5.1.5    Middle East and Africa
10    Regional Analysis
    10.1    North America
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
        10.1.3    Breakup by Country
            10.1.3.1    United States of America 
            10.1.3.2    Canada
    10.2    Europe
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
        10.2.3    Breakup by Country
            10.2.3.1    United Kingdom
            10.2.3.2    Germany
            10.2.3.3    France
            10.2.3.4    Italy
            10.2.3.5    Others
    10.3    Asia Pacific
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
        10.3.3    Breakup by Country
            10.3.3.1    China
            10.3.3.2    Japan
            10.3.3.3    India
            10.3.3.4    ASEAN
            10.3.3.5    Australia
            10.3.3.6    Others
    10.4    Latin America
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
        10.4.3    Breakup by Country
            10.4.3.1    Brazil
            10.4.3.2    Argentina
            10.4.3.3    Mexico
            10.4.3.4    Others
    10.5    Middle East and Africa
        10.5.1    Historical Trend (2018-2023)
        10.5.2    Forecast Trend (2024-2032)
        10.5.3    Breakup by Country
            10.5.3.1    Saudi Arabia
            10.5.3.2    United Arab Emirates
            10.5.3.3    Nigeria
            10.5.3.4    South Africa
            10.5.3.5    Others
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    Key Indicators for Demand
    11.4    Key Indicators for Price
12    Value Chain Analysis
13    Price Analysis

    13.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    13.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
14    Manufacturing Process
    14.1    Detailed Process Flow
    14.2    Operations Involved
    14.3    Mass Balance
15    Project Details and Cost Analysis
    15.1    Land, Location, and Site Development
    15.2    Construction
    15.3    Plant Machinery
    15.4    Cost of Raw Material
    15.5    Packaging
    15.6    Transportation
    15.7    Utilities
    15.8    Manpower
    15.9    Other Capital Investment
16    Project Economics
    16.1    Capital Cost of the Project
    16.2    Techno-Economic Parameters
    16.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    16.4    Taxation and Depreciation
    16.5    Income Projections
    16.6    Expenditure Projections
    16.7    Financial Analysis
    16.8    Profit Analysis
17    Competitive Landscape
    17.1    Market Structure
    17.2    Key Players’ Market Share
    17.3    Company Profiles
        17.3.1    Thyssenkrupp AG
            17.3.1.1    Company Overview
            17.3.1.2    Product Portfolio
            17.3.1.3    Demographic Reach and Achievements
            17.3.1.4    Financial Summary
            17.3.1.5    Certifications
        17.3.2    Siemens
            17.3.2.1    Company Overview
            17.3.2.2    Product Portfolio
            17.3.2.3    Demographic Reach and Achievements
            17.3.2.4    Financial Summary
            17.3.2.5    Certifications
        17.3.3    Synthesis Energy Systems, Inc.
            17.3.3.1    Company Overview
            17.3.3.2    Product Portfolio
            17.3.3.3    Demographic Reach and Achievements
            17.3.3.4    Financial Summary
            17.3.3.5    Certifications
        17.3.4    Mitsubishi Heavy Industries, Ltd.
            17.3.4.1    Company Overview
            17.3.4.2    Product Portfolio
            17.3.4.3    Demographic Reach and Achievements
            17.3.4.4    Financial Summary
            17.3.4.5    Certifications
        17.3.5    Others        
18    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Biomass Gasification Market: Key Industry Highlights, 2018 and 2032
2.    Global Biomass Gasification Historical Market: Breakup by Source (USD Billion), 2018-2023
3.    Global Biomass Gasification Market Forecast: Breakup by Source (USD Billion), 2024-2032
4.    Global Biomass Gasification Historical Market: Breakup by Region (USD Billion), 2018-2023
5.    Global Biomass Gasification Market Forecast: Breakup by Region (USD Billion), 2024-2032
6.    North America Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2023
7.    North America Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2024-2032
8.    Europe Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    Europe Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Asia Pacific Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Asia Pacific Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Latin America Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Latin America Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Middle East and Africa Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Middle East and Africa Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    North America Historical Price Trends and Forecast 2018-2032
17.    Europe Historical Price Trends and Forecast 2018-2032
18.    Asia Pacific Historical Price Trends and Forecast 2018-2032
19.    Latin America Historical Price Trends and Forecast 2018-2032
20.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
21.    Global Biomass Gasification Market Structure

Key Questions Answered in the Report

The global biomass gasification market reached a value of USD 116.87 billion in 2023.

The market is projected to grow at a CAGR of nearly 8.7% in the forecast period of 2024-2032.

The market is estimated to reach a value of about USD 247.45 billion by 2032.

The major drivers of the market include rising disposable incomes, increasing population, increasing environmental concerns, rising greenhouse gas emissions, and abundant biomass availability.

The key trends guiding the market include the introduction of favourable government initiatives aimed at encouraging the use of renewable energy and the shift towards environmentally-friendly sources.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.

The major sources of biomass gasification considered in the market report are solid biomass, biogas, municipal waste, and liquid biomass, among others.

The leading players in the market are Thyssenkrupp AG, Siemens, Synthesis Energy Systems, Inc., and Mitsubishi Heavy Industries, Ltd., among others.

Analyst Review

The global biomass gasification market attained a value of USD 116.87 billion in 2023, driven by the increasing environmental concerns. Aided by the abundant biomass availability, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.7%. The industry is projected to reach USD 247.45 billion by 2032.

EMR's meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its sources, the market can be segmented into solid biomass, biogas, municipal waste, and liquid biomass, among others, with solid biomass sector accounting for the largest market share. The major regional markets for biomass gasification are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above industry include Thyssenkrupp AG, Siemens, Synthesis Energy Systems, Inc., and Mitsubishi Heavy Industries, Ltd., 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 industry insights that are accurate, actionable, and help them remain ahead of their competition.

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