1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Renewable Energy
  5. > Bioenergy Market Trends
Bioenergy Market - Growth, Trends, and Forecasts (2020 - 2025)

Bioenergy Market - Growth, Trends, and Forecasts (2020 - 2025)

  • October 2020
  • 218 pages
  • ID: 5986868
  • Format: PDF
  • Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

The bioenergy market is expected to register a CAGR of over 6% during the forecast period of 2020-2025. Bioenergy is one of the renewable energy sources globally. In 2018, the bioenergy power generation increased by approximately 8% over the previous year. The growth in the bioenergy market can be attributed to the increasing shift towards renewables and other non-fossil fuel-based energy sources, such as solid biomass, biogas, and others. Factors, such as increasing demand for energy, advancements in bioenergy conversion technologies, and increasing investment in bioenergy, and declining electricity generation costs from bioenergy facilities are expected to drive the market during the forecast period. However, the increasing penetration of electric vehicles across the globe is expected to have a negative impact on the demand for biofuels in the coming years.

- Solid biomass dominated the bioenergy market in 2018 and is expected to continue its dominance during the forecast period, owing to its cost competitiveness in the production of bioenergy.
- Emerging waste-to-energy technologies, such as Dendro Liquid Energy (DLE), a recent German innovation in biological treatment of waste, presents high potential in the bioenergy field, being a close to ‘zero-waste’ technology.
- Europe dominated the market across the world with the majority of the demand coming from countries, such as Norway, Germany, and the United Kingdom.

Key Market Trends
Biomass to Dominate the Market

- In 2018, the biomass-based installed power capacity increased by 5% over the previous year and has accounted for more than 70% of the bioenergy installed capacity across the world.
- Biomass supply comes from a variety of feedstock – wood fuel, forestry residues, charcoal, pellets, agri-culture crops and residues, municipal and industrial waste, biogas, biofuels, etc. Broadly, the supply can be classified into three main sectors – forestry, agriculture, and waste.
- In 2018, more than 65% of the biopower generation in Europe came from solid biomass sources, such as wood chips and wood pellets, around 20% came from municipal waste followed by 15% from biogas. Similarly, electricity generated from biomass and waste accounted for approximately 2% of the total electricity generation in the United States.
- Adding to this, a similar trend has been witnessed in emerging countries, such as India and Indonesia. The biomass power generation capacity in India has rapidly grown over the last few years as the Indian government focuses on increasing power generation through renewable energy sources.
- Therefore, with the increasing demand for renewable energy sources across the globe, the biomass-based electricity generation is expected to witness a significant growth rate during the forecast period.

Europe to Dominate the Market

- In 2018, Europe accounted for the largest share in the global bioenergy market and is expected to continue its dominance in the coming years as well. Bioenergy is expected to remain crucial over the next decade in order to reach renewable energy targets in 2020, which is why the European Union (EU) member states incorporated the bioenergy option in their National Renewable Energy Action Plans (NREAPs).
- Bioenergy is expected to contribute to around 50% of the European Union’s (EU’s) 20% of renewable energy by 2020. Adding to this, the 2009 EU Renewable Energy Directive has set a target for the United Kingdom to achieve 15% of its total gross final energy consumption from renewable sources by 2020.
- In June 2019, Privilege Finance announced EUR 90 million of investment to fund 14 MW of green energy projects in the United Kingdom, enough to power approximately 28,000 homes. Once built and running at full capacity, these projects are expected to be converting 175,000 metric ton of food waste, which would otherwise have ended up in landfills, as well as agricultural wastes, into green gas for the National Grid.
- Therefore, factors, such as increasing investments in the bioenergy industry and upcoming bioenergy facilities in the region, are expected to augment the region’s position in the global bioenergy market during the forecast period.

Competitive Landscape
The global bioenergy market is fragmented. Some of the major bioenergy technology providers and plant owners include Mitsubishi Heavy Industries Ltd, Hitachi Zosen Corp, BTG Biomass Technology Group, and Babcock & Wilcox Volund A/S, Biomass Engineering Ltd., and Orsted A/S.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Biogas to Energy : The World Market for Biogas Plants

  • $ 4290
  • June 2016
  • 328 pages

Biogas to Energy – The World Market for Biogas Plants The worldwide construction of new biogas plants will continue in the next 10 years Between 2016 and 2025, the installed capacity will increase from ...

  • China
  • Europe
  • Bioenergy
  • Industry analysis
  • Electricity Capacity
  • Energy Mix

ref:plp2020

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on