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Global Biomass Gasification Market: By Source: Solid Biomass, Biogas, Municipal Waste, Liquid Biomass, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Manufacturing Process; Project Details and Cost Analysis; Project Economics; Competitive Landscape; Industry Events and Developments
Global Biomass Gasification Market Outlook
The global biomass gasification market size reached a value of almost USD 91 billion in the year 2020. The global biomass gasification market is further expected to grow at a CAGR of 8.7% between 2021 and 2026 to reach a value of almost USD 150 billion by 2026.
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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.
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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.
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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 AGSiemens
- 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.
| 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- Source, Region |
| Breakup by Source | Solid Biomass, Biogas, Municipal Waste, Liquid Biomass, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| 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 (2018-2022)
8.3 Global Power Generation Market Forecast (2023-2028)
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 (2018-2022)
9.3 Global Biomass Gasification Market Forecast (2023-2028)
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 (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Biogas
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Municipal Waste
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.4.4 Liquid Biomass
9.4.4.1 Market Share
9.4.4.2 Historical Trend (2018-2022)
9.4.4.3 Forecast Trend (2023-2028)
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 (2018-2022)
10.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.2.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.3.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.5.2 Forecast Trend (2023-2028)
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 (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
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 2028
2. Global Biomass Gasification Historical Market: Breakup by Source (USD Billion), 2018-2022
3. Global Biomass Gasification Market Forecast: Breakup by Source (USD Billion), 2023-2028
4. Global Biomass Gasification Historical Market: Breakup by Region (USD Billion), 2018-2022
5. Global Biomass Gasification Market Forecast: Breakup by Region (USD Billion), 2023-2028
6. North America Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2022
7. North America Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2023-2028
8. Europe Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2022
9. Europe Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Asia Pacific Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Asia Pacific Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Latin America Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Latin America Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Middle East and Africa Biomass Gasification Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Middle East and Africa Biomass Gasification Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. North America Historical Price Trends and Forecast 2018-2028
17. Europe Historical Price Trends and Forecast 2018-2028
18. Asia Pacific Historical Price Trends and Forecast 2018-2028
19. Latin America Historical Price Trends and Forecast 2018-2028
20. Middle East and Africa Historical Price Trends and Forecast 2018-2028
21. Global Biomass Gasification Market Structure
Key Questions Answered in the Report
The global biomass gasification market reached a value of USD 91 billion in 2020.
The market is projected to grow at a CAGR of nearly 8.7% in the forecast period of 2023-2028.
The market is estimated to reach a value of about USD 150 billion by 2026.
The major drivers of the industry include rising disposable incomes, increasing population, increasing environmental concerns, rising greenhouse gas emissions, and abundant biomass availability.
Various initiatives taken by the governments of several countries to encourage the use of renewable sources of energy is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with Europe accounting for the largest market share.
The solid biomass sector accounts for the largest market share, among other sources in the industry.
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 91 billion in 2020, 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 2023-2028, growing at a CAGR of 8.7%. The industry is projected to reach USD 150 billion by 2026.
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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