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Solid Biomass Feedstock Market by Source (Agriculture, Forest, Municipal), Type (Chips, Pellets, Briquettes), Application (Electricity, Heat, Biofuel), End User (Residential & Commercial, Industrial, Utilities) & Region - Forecast to 2029

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    Report

  • 210 Pages
  • April 2024
  • Region: Global
  • Markets and Markets
  • ID: 5960752
Description Jump to:
The global solid biomass feedstock market is estimated to grow from USD 26.6 billion in 2024 to USD 36.2 Billion by 2029; it is expected to record a CAGR of 6.3% during the forecast period. The Growing global awareness of the urgent need to mitigate climate change, supportive government policies and incentives drive the solid biomass feedstock market. The market for solid biomass feedstock is expected to grow due to the implementation of stringent emission laws. Moreover, the increasing need to reduce the dependence on fossil fuels and focus on renewable energy for power generation is projected to drive the market during the forecast period.

Forest Waste: The largest segment of the solid biomass feedstock market, by source.

Based on source, the solid biomass feedstock market has been segmented into agriculture waste, forest waste, animal waste, and municipal waste. The forest waste segment is expected to be the largest segment during the forecast period. Agriculture biomass feedstock has the potential to meet the growing demand for bioenergy due to its availability in abundance. The utilization of forest waste biomass for bioenergy production not only offers a renewable energy solution but also efficiently handles forest residues, decreasing the buildup of surplus biomass that could otherwise escalate wildfire risks.

Pellets is expected to be the largest segment during the forecast period based on type.

By type, the solid biomass feedstock market has been split into four types: chips, pellets, briquettes, and others. Governments worldwide are offering subsidies and incentives to promote biomass pellet usage, aligning with renewable energy targets to drive demand. For example, The Biomass Thermal Utilization Act (BTU Act) in North America and initiatives by the Indian Renewable Energy Development Agency (IREDA) further support biomass pellet adoption.

By application, biomethane segment is expected to be the fastest growing segment during the forecast period.

Based on the application, the solid biomass feedstock market is segmented into electricity, heat, biofuel, and biomethane. The biomethane segment is expected to be the fastest growing segment of the solid biomass feedstock market during the forecast period. Biomethane can be used as a substitute of natural gas to combat environment emission as well as existing infrastructure compatibility drives the demand for biomethane.

Asia Pacific is expected to be the largest region in the solid biomass feedstock market.

Asia Pacific is expected to be the largest region in the solid biomass feedstock market during the forecast period. Governments in countries such as China, Japan and India are playing a proactive role in reducing CO2 emissions which fosters the growth of biofuel and biomethane in the region. The increasing adoption of biofuels and biomethane in the region drives the growth of the solid biomass feedstock market. Initiatives to reduce CO2 emissions using biofuel, heat, and electricity and improve energy efficiency are supported by the Ministry of New and Renewable Energy (MNRE), International Renewable Energy Agency (IRENA), International Monetary Fund (IMF), International Institute of Sustainable Development, Bioenergy International; as a result, manufacturing solid biomass feedstock is encouraged.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:
  • By Company Type: Tier 1 - 65%, Tier 2 - 24%, and Tier 3 - 11%
  • By Designation: C-Level - 30%, Director Level - 25%, and Others - 45%
  • By Region: North America - 20%, Europe - 25%, Asia Pacific - 30%, Middle East & Africa - 15%, South America - 10%
Note: Others include sales managers, engineers, and regional managers.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million.

The solid biomass feedstock market is dominated by a few major players that have a wide regional presence. The leading players in the solid biomass feedstock market are Stora Enso (Finland), Drax Group plc (UK), Segezha Group (UK), Enviva Inc. (US), and Lignetics, Inc. (US). The major strategy adopted by the players includes new partnerships, collaboration, acquisition, and investments & expansions.

Research Coverage:

The report defines, describes, and forecasts the global solid biomass feedstock market by source, type, application, end user and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in thedirect air capture market.

Key Benefits of Buying the Report

  • Increasing emphasis on net zero emission and supportive government policies, and need for alternative to fossil fuels are few of the key factors driving the solid biomass feedstock market. Factors such as complexities associated with pre treatment restrain the growth of the market. The growing energy transition towards reducing carbon emission is expected to present lucrative opportunities for the players operating in the solid biomass feedstock market. The logistics and supply chain management challenges pose a major challenge for the players, especially for emerging players operating in the solid biomass feedstock market.
  • Product Development/ Innovation: The solid biomass feedstock market is witnessing significant product development and innovation, driven by the growing demand for environmentally friendly, safe and sustainable products.
  • Market Development: Drax Group plc collaborated with Patch to elevate its carbon credit offerings. Patch's software assists participants in the voluntary carbon market in acquiring, trading, and overseeing credits. Through the Patch Radius software solution, Drax clients can effortlessly procure various portfolios of carbon credits, including those originating from BECCS by Drax. Aligned with Drax's aspirations in carbon removal, this partnership seeks to expedite the carbon market by simplifying carbon credit transactions for businesses of all scales striving to fulfill their climate objectives.
  • Market Diversification: Lignetics, Inc. launched the premium BBQ Wood Chips and BBQ Wood chunks. Premium BBQ Wood Chips and BBQ Wood Chunks are equally appealing to both, mainstream grillers and enthusiasts. Crafted from 100% natural premium hardwoods, these products are kiln-dried to deliver the desired flavors and aromas.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, like include Drax Group plc (Europe), Enviva Inc. (US), Arbaflame (Norway), REDAL (Lithuania), and Ecostrat Inc. (Canada), among others in the solid biomass feedstock market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Inclusions and Exclusions
1.4 Market Scope
1.4.1 Solid Biomass Feedstock Market Segmentation
1.4.2 Regional Scope
1.4.3 Years Considered
1.4.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Impact of Recession
2 Research Methodology
2.1 Research Data
Figure 1 Solid Biomass Feedstock Market: Research Design
2.2 Market Breakdown and Data Triangulation
Figure 2 Data Triangulation
2.3 Primary and Secondary Research
2.3.1 Secondary Data
Table 1 Major Secondary Sources
2.3.1.1 Key Data from Secondary Sources
2.3.2 Primary Data
Table 2 Primary Interview Participants
2.3.2.1 Key Insights from Primary Sources
2.3.2.2 Breakdown of Primaries
Figure 3 Breakdown of Primaries: by Company Type, Designation, and Region
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
Figure 4 Solid Biomass Feedstock Market: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 5 Solid Biomass Feedstock Market: Top-Down Approach
2.5 Demand-Side Analysis
2.5.1 Demand-Side Metrics
Figure 6 Metrics Considered to Assess Demand for Solid Biomass Feedstock
2.5.1.1 Assumptions for Demand-Side Analysis
2.5.1.2 Calculations for Demand-Side Analysis
2.6 Supply-Side Analysis
2.6.1 Supply-Side Metrics
Figure 7 Key Metrics Considered to Assess Supply of Solid Biomass Feedstock
Figure 8 Solid Biomass Feedstock Market: Supply-Side Analysis
2.6.2 Calculations for Supply-Side Analysis
2.6.3 Assumptions for Supply-Side Analysis
2.7 Forecast
2.7.1 Risk Assessment
2.7.2 Recession Impact
3 Executive Summary
Table 3 Solid Biomass Feedstock Market Snapshot
Figure 9 Asia-Pacific Held Largest Share of Solid Biomass Feedstock Market in 2023
Figure 10 Forest Waste Segment to Lead Solid Biomass Feedstock Market, by Source, by 2029
Figure 11 Pellets Segment to Dominate Solid Biomass Feedstock Market by 2029
Figure 12 Electricity to be Largest Application in Solid Biomass Feedstock by 2029
Figure 13 Utilities Segment to be Dominant End-user by 2029
4 Premium Insights
4.1 Attractive Opportunities in Solid Biomass Feedstock Market
Figure 14 Increasing Emphasis on Renewable Energy to Boost Market Growth
4.2 Solid Biomass Feedstock Market, by Region
Figure 15 Europe to Witness Fastest Growth During Forecast Period
4.3 Solid Biomass Feedstock Market, by Source
Figure 16 Forest Waste to Hold Major Market Share, by Source, by 2029
4.4 Solid Biomass Feedstock Market, by Type
Figure 17 Pellets Segment to Command Solid Biomass Feedstock Market, by Type, by 2029
4.5 Solid Biomass Feedstock Market, by Application
Figure 18 Electricity Segment to Dominate Solid Biomass Feedstock Market, by Application, by 2029
4.6 Solid Biomass Feedstock Market, by End-user
Figure 19 Utilities Segment to Hold Largest Market Share, by End-user, by 2029
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 20 Solid Biomass Feedstock Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Growing Environmental Concerns
Figure 21 Global Co2 Emission from Energy Combustion and Industrial Processes, 2012-2022
5.2.1.2 Growing Demand for Biofuels
Figure 22 Global Biofuel Demand, 2023-2028
5.2.2 Restraints
5.2.2.1 Complexities Associated with Pre-Treatment of Solid Biomass Feedstock
5.2.2.2 High Costs Associated with Feedstock
5.2.3 Opportunities
5.2.3.1 Growing Emphasis on Waste Management
5.2.3.2 High Depletion Rate of Fossil Fuels
Figure 23 Global Consumption of Fossil Fuels, 2012-2022
5.2.4 Challenges
5.2.4.1 Challenges Associated with Logistics and Supply Chain Management
5.3 Trends/Disruptions Impacting Customer Business
Figure 24 Solid Biomass Feedstock Market: Trends/Disruptions Impacting Customer Business
5.4 Supply Chain Analysis
Figure 25 Solid Biomass Feedstock Market: Supply Chain Analysis
5.4.1 Raw Material Supply
5.4.2 Feedstock Development
5.4.3 Distributors
5.4.4 End-users
5.5 Market Map
Figure 26 Solid Biomass Feedstock Market Mapping
Table 4 Companies and Their Role in Solid Biomass Feedstock Ecosystem
Figure 27 Solid Biomass Feedstock Market: Ecosystem Mapping
5.6 Technology Analysis
5.6.1 Key Technologies
5.6.1.1 Crushing
5.6.1.2 Grinding
5.6.1.3 Drying
5.6.1.4 Separation
5.6.2 Complimentary Technologies
5.6.2.1 Storage and Handling
5.7 Case Study Analysis
5.7.1 Coop Group Implements Sustainable Energy Practices to Produce Industrial Heat
5.7.1.1 Challenges
5.7.1.2 Solution
5.7.2 Opportunities for Power Generation Using Woody Biomass in Vietnam
5.7.2.1 Overview
5.8 Patent Analysis
Figure 28 Solid Biomass Feedstock Market: Patents Applied and Granted, 2013-2023
5.8.1 Major Patents
Table 5 Solid Biomass Feedstock Market: Major Patents, 2019-2023
5.9 Pricing Analysis
5.9.1 Average Selling Price Trend, by Company & Type
Table 6 Cost Summary for Solid Biomass Feedstock Type, by Company
5.9.2 Average Selling Price Trend, by Region
Table 7 Cost Summary for Solid Biomass Feedstock, by Region (USD/Ton)
Figure 29 Average Selling Price Trend, by Region, 2019-2029 (USD/Ton)
5.10 Trade Analysis
5.10.1 Export Scenario
Table 8 Export Data for HS Code 382510-Municipal Waste, by Country, 2020-2022 (USD Thousand)
Figure 30 Export Data for HS Code 382510-Municipal Waste, by Country, 2020-2022 (USD Thousand)
5.10.2 Import Scenario
Table 9 Import Data for HS Code 382510-Municipal Waste, by Country, 2020-2022 (USD Thousand)
Figure 31 Import Data for HS Code 382510-Municipal Waste, by Country, 2020-2022 (USD Thousand)
5.11 Key Conferences and Events, 2024-2025
Table 10 Solid Biomass Feedstock Market: Conferences and Events, 2024-2025
5.12 Regulatory Landscape
5.12.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Middle East and Africa: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 South America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 Solid Biomass Feedstock Market: Regulations & Policies
5.13 Porter's Five Forces Analysis
Figure 32 Solid Biomass Feedstock Market: Porter's Five Forces Analysis
Table 17 Solid Biomass Feedstock Market: Porter's Five Forces Analysis
5.13.1 Threat of Substitutes
5.13.2 Bargaining Power of Suppliers
5.13.3 Bargaining Power of Buyers
5.13.4 Threat of New Entrants
5.13.5 Intensity of Competitive Rivalry
5.14 Key Stakeholders and Buying Criteria
5.14.1 Key Stakeholders in Buying Process
Figure 33 Solid Biomass Feedstock Market: Influence of Stakeholders on Buying Process for Top End-users
Table 18 Solid Biomass Feedstock Market: Influence of Stakeholders on Buying Process for Top End-users (%)
5.14.2 Buying Criteria
Figure 34 Solid Biomass Feedstock Market: Key Buying Criteria for Top End-users
Table 19 Solid Biomass Feedstock Market: Key Buying Criteria for Top End-users
5.15 Investment and Funding Scenario
Figure 35 Investment and Funding Scenario
6 Solid Biomass Feedstock Market, by Source
6.1 Introduction
Figure 36 Solid Biomass Feedstock Market Share, by Source, 2023 (%)
Table 20 Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 21 Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
6.2 Agriculture Waste
6.2.1 Abundant Availability to Drive Market
Table 22 Agriculture Waste: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 23 Agriculture Waste: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
6.3 Forest Waste
6.3.1 Increasing Adoption of AI for Enhanced Efficiency to Boost Market Growth
Table 24 Forest Waste: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 25 Forest Waste: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
6.4 Animal Waste
6.4.1 Growing Need to Manage Animal Waste Contributes to Segment Growth
Table 26 Animal Waste: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 27 Animal Waste: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
6.5 Municipal Waste
6.5.1 Government Initiatives to Manage Municipal Waste Through Bioenergy Solutions
Table 28 Municipal Waste: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 29 Municipal Waste: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
6.5.2 Industrial Waste
6.5.3 Solid Waste
7 Solid Biomass Feedstock Market, by Type
7.1 Introduction
Figure 37 Solid Biomass Feedstock Market Share, by Type, 2023 (%)
Table 30 Solid Biomass Feedstock Market, by Type, 2019-2023 (Million Tons)
Table 31 Solid Biomass Feedstock Market, by Type, 2024-2029 (Million Tons)
Table 32 Solid Biomass Feedstock Market, by Type, 2019-2023 (USD Million)
Table 33 Solid Biomass Feedstock Market, by Type, 2024-2029 (USD Million)
7.2 Chips
7.2.1 Growing Reliance on Chips for Energy and Heating in Residential & Commercial Applications
Table 34 Chips: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 35 Chips: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
7.3 Pellets
7.3.1 Favorable Government Policies to Drive Segment Growth
Table 36 Pellets: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 37 Pellets: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
7.4 Briquettes
7.4.1 Need for Alternative to Fossil Fuels to Boost Segment
Table 38 Briquettes: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 39 Briquettes: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
7.5 Others
7.5.1 Need for Efficient Handling and Storage of Biomass Feedstock Likely to Drive Market
Table 40 Others: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 41 Others: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
8 Solid Biomass Feedstock Market, by Application
8.1 Introduction
Figure 38 Solid Biomass Feedstock Market Share, by Application, 2023 (%)
Table 42 Solid Biomass Feedstock Market, by Application, 2019-2023 (USD Million)
Table 43 Solid Biomass Feedstock Market, by Application, 2024-2029 (USD Million)
8.2 Electricity
8.2.1 Global Net-Zero Emission Goals to Drive Growth
Table 44 Electricity: Solid Biomass Market, by Region, 2019-2023 (USD Million)
Table 45 Electricity: Solid Biomass Market, by Region, 2024-2029 (USD Million)
8.3 Heat
8.3.1 Need for Sustainable Heating Solutions to Boost Segment
Table 46 Heat: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 47 Heat: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
8.4 Biofuel
8.4.1 Favorable Government Policies Drive Use of Biofuel
8.4.2 Biodiesel
8.4.3 Bioethanol
8.4.4 Renewable Diesel
8.4.5 Biojet Fuel
Table 48 Biofuel: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 49 Biofuel: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
8.5 Biomethane
8.5.1 Existing Infrastructure Compatibility Likely to Boost Demand for Biomethane
Table 50 Biomethane: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 51 Biomethane: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
9 Solid Biomass Feedstock Market, by End-user
9.1 Introduction
Figure 39 Solid Biomass Feedstock Market Share, by End-user, 2023 (%)
Table 52 Solid Biomass Feedstock Market, by End-user, 2019-2023 (USD Million)
Table 53 Solid Biomass Feedstock Market, by End-user, 2024-2029 (USD Million)
9.2 Residential & Commercial
9.2.1 Growing Need for Sustainable Heating Solutions Drives Market
Table 54 Residential & Commercial: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 55 Residential & Commercial: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
9.3 Industrial
9.3.1 Increasing Need for Clean Energy in Industrial Settings to Boost Market
Table 56 Industrial: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 57 Industrial: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
9.4 Utilities
9.4.1 Growing Need for Adoption of Renewable Energy to Drive Segment
Table 58 Utilities: Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 59 Utilities: Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
10 Solid Biomass Feedstock Market, by Region
10.1 Introduction
Figure 40 Solid Biomass Feedstock Market in Europe to Register Highest CAGR from 2024 to 2029
Table 60 Solid Biomass Feedstock Market, by Region, 2019-2023 (USD Million)
Table 61 Solid Biomass Feedstock Market, by Region, 2024-2029 (USD Million)
Table 62 Solid Biomass Feedstock Market, by Region, 2019-2023 (Million Tons)
Table 63 Solid Biomass Feedstock Market, by Region, 2024-2029 (Million Tons)
10.2 Asia-Pacific
Figure 41 Asia-Pacific: Regional Snapshot (2023)
10.2.1 Asia-Pacific: Recession Impact
10.2.2 By Source
Table 64 Asia-Pacific: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 65 Asia-Pacific: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.2.3 By Type
Table 66 Asia-Pacific: Solid Biomass Feedstock Market, by Type, 2019-2023 (USD Million)
Table 67 Asia-Pacific: Solid Biomass Feedstock Market, by Type, 2024-2029 (USD Million)
10.2.4 By Application
Table 68 Asia-Pacific: Solid Biomass Feedstock Market, by Application, 2019-2023 (USD Million)
Table 69 Asia-Pacific: Solid Biomass Feedstock Market, by Application, 2024-2029 (USD Million)
10.2.5 By End-user
Table 70 Asia-Pacific: Solid Biomass Feedstock Market, by End-user, 2019-2023 (USD Million)
Table 71 Asia-Pacific: Solid Biomass Feedstock Market, by End-user, 2024-2029 (USD Million)
10.2.6 By Country
Table 72 Asia-Pacific: Solid Biomass Feedstock Market, by Country, 2019-2023 (USD Million)
Table 73 Asia-Pacific: Solid Biomass Feedstock Market, by Country, 2024-2029 (USD Million)
10.2.6.1 China
10.2.6.1.1 Emphasis on Harnessing Agricultural and Forest Waste for Feedstock to Drive Market
10.2.6.1.2 By Source
Table 74 China: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 75 China: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.2.6.2 India
10.2.6.2.1 Acceleration of Clean Energy Adoption to Drive Market Growth
10.2.6.2.2 By Source
Table 76 India: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 77 India: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.2.6.3 Japan
10.2.6.3.1 Ongoing Net-Zero Carbon Emission Initiatives by Government - Key Driver
10.2.6.3.2 By Source
Table 78 Japan: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 79 Japan: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.2.6.4 Australia
10.2.6.4.1 Higher Demand for Renewable Energy Resources to Boost Growth
10.2.6.4.2 By Source
Table 80 Australia: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 81 Australia: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.2.6.5 Thailand
10.2.6.5.1 Increasing Focus on Minimizing Carbon Footprint to Stimulate Market Growth
10.2.6.5.2 By Source
Table 82 Thailand: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 83 Thailand: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.2.6.6 Rest of Asia-Pacific
10.2.6.6.1 By Source
Table 84 Rest of Asia-Pacific: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 85 Rest of Asia-Pacific: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.3 Europe
10.3.1 Europe: Recession Impact
Figure 42 Europe: Regional Snapshot (2023)
10.3.2 By Source
Table 86 Europe: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 87 Europe: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.3.3 By Type
Table 88 Europe: Solid Biomass Feedstock Market, by Type, 2019-2023 (USD Million)
Table 89 Europe: Solid Biomass Feedstock Market, by Type, 2024-2029 (USD Million)
10.3.4 By Application
Table 90 Europe: Solid Biomass Feedstock Market, by Application, 2019-2023 (USD Million)
Table 91 Europe: Solid Biomass Feedstock Market, by Application, 2024-2029 (USD Million)
10.3.5 By End-user
Table 92 Europe: Solid Biomass Feedstock Market, by End-user, 2019-2023 (USD Million)
Table 93 Europe: Solid Biomass Feedstock Market, by End-user, 2024-2029 (USD Million)
10.3.6 By Country
Table 94 Europe: Solid Biomass Feedstock Market, by Country, 2019-2023 (USD Million)
Table 95 Europe: Solid Biomass Feedstock Market, by Country, 2024-2029 (USD Million)
10.3.6.1 Germany
10.3.6.1.1 Increasing Focus on Reducing Greenhouse Gas Emissions to Drive Market
10.3.6.1.2 By Source
Table 96 Germany: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 97 Germany: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.3.6.2 Uk
10.3.6.2.1 Increasing Focus on Net-Zero Emission Goals - Key Market Booster
10.3.6.2.2 By Source
Table 98 Uk: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 99 Uk: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.3.6.3 France
10.3.6.3.1 Increasing Utilization of Biomass for Electricity Production and Heating Purposes
10.3.6.3.2 By Source
Table 100 France: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 101 France: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.3.6.4 Italy
10.3.6.4.1 Growing Role in European Market Through Targets, Plans, and Investments for Renewable Energy Expansion
10.3.6.4.2 By Source
Table 102 Italy: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 103 Italy: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.3.6.5 Sweden
10.3.6.5.1 Innovative Strategy for Sustainability in Renewable Energy to Boost Market
10.3.6.5.2 By Source
Table 104 Sweden: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 105 Sweden: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.3.6.6 Russia
10.3.6.6.1 Biomass Exports to Drive Renewable Energy Growth
10.3.6.6.2 By Source
Table 106 Russia: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 107 Russia: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.3.6.7 Rest of Europe
10.3.6.7.1 By Source
Table 108 Rest of Europe: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 109 Rest of Europe: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.4 North America
Figure 43 North America: Regional Snapshot (2023)
10.4.1 North America: Recession Impact
10.4.2 By Source
Table 110 North America: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 111 North America: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.4.3 By Type
Table 112 North America: Solid Biomass Feedstock Market, by Type, 2019-2023 (USD Million)
Table 113 North America: Solid Biomass Feedstock Market, by Type, 2024-2029 (USD Million)
10.4.4 By Application
Table 114 North America: Solid Biomass Feedstock Market, by Application, 2019-2023 (USD Million)
Table 115 North America: Solid Biomass Feedstock Market, by Application, 2024-2029 (USD Million)
10.4.5 By End-user
Table 116 North America: Solid Biomass Feedstock Market, by End-user, 2019-2023 (USD Million)
Table 117 North America: Solid Biomass Feedstock Market, by End-user, 2024-2029 (USD Million)
10.4.6 By Country
Table 118 North America: Solid Biomass Feedstock Market, by Country, 2019-2023 (USD Million)
Table 119 North America: Solid Biomass Feedstock Market, by Country, 2024-2029 (USD Million)
10.4.6.1 US
10.4.6.1.1 Favorable Government Policies and Incentives to Drive Market
10.4.6.1.2 By Source
Table 120 US: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 121 US: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.4.6.2 Canada
10.4.6.2.1 Government Support for Adoption of Renewable Energy to Boost Market
10.4.6.2.2 By Source
Table 122 Canada: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 123 Canada: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.4.6.3 Mexico
10.4.6.3.1 Increasing Renewable Electricity Generation Using Solid Biomass Feedstock - Key Driver
10.4.6.3.2 By Source
Table 124 Mexico: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 125 Mexico: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.5 Middle East & Africa
10.5.1 Middle East & Africa: Recession Impact
10.5.2 By Source
Table 126 Middle East & Arica: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 127 Middle East & Africa: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.5.3 By Type
Table 128 Middle East & Africa: Solid Biomass Feedstock Market, by Type, 2019-2023 (USD Million)
Table 129 Middle East & Africa: Solid Biomass Feedstock Market, by Type, 2024-2029 (USD Million)
10.5.4 By Application
Table 130 Middle East & Africa: Solid Biomass Feedstock Market, by Application, 2019-2023 (USD Million)
Table 131 Middle East & Africa: Solid Biomass Feedstock Market, by Application, 2024-2029 (USD Million)
10.5.5 By End-user
Table 132 Middle East & Africa: Solid Biomass Feedstock Market, by End-user, 2019-2023 (USD Million)
Table 133 Middle East & Africa: Solid Biomass Feedstock Market, by End-user, 2024-2029 (USD Million)
10.5.6 By Country
Table 134 Middle East & Africa: Solid Biomass Feedstock Market, by Country, 2019-2023 (USD Million)
Table 135 Middle East & Africa: Solid Biomass Feedstock Market, by Country, 2024-2029 (USD Million)
10.5.6.1 Gcc Countries
10.5.6.1.1 Saudi Arabia
10.5.6.1.2 Uae
10.5.6.1.3 Other Gcc Countries
10.5.6.1.4 By Source
Table 136 Gcc Countries: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 137 Gcc Countries: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.5.6.2 Rest of Middle East & Africa
10.5.6.2.1 Increasing Shift Toward Bioenergy to Drive Market Growth
10.5.6.2.2 By Source
Table 138 Rest of Middle East & Africa: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 139 Rest of Middle East & Africa: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.6 South America
10.6.1 South America: Recession Impact
10.6.2 By Source
Table 140 South America: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 141 South America: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.6.3 By Type
Table 142 South America: Solid Biomass Feedstock Market, by Type, 2019-2023 (USD Million)
Table 143 South America: Solid Biomass Feedstock Market, by Type, 2024-2029 (USD Million)
10.6.4 By Application
Table 144 South America: Solid Biomass Feedstock Market, by Application, 2019-2023 (USD Million)
Table 145 South America: Solid Biomass Feedstock Market, by Application, 2024-2029 (USD Million)
10.6.5 By End-user
Table 146 South America: Solid Biomass Feedstock Market, by End-user, 2019-2023 (USD Million)
Table 147 South America: Solid Biomass Feedstock Market, by End-user, 2024-2029 (USD Million)
10.6.6 By Country
Table 148 South America: Solid Biomass Feedstock Market, by Country, 2019-2023 (USD Million)
Table 149 South America: Solid Biomass Feedstock Market, by Country, 2024-2029 (USD Million)
10.6.6.1 Brazil
10.6.6.1.1 Rising Shift Toward Biomass Energy to Drive Growth of Market
10.6.6.1.2 By Source
Table 150 Brazil: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 151 Brazil: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.6.6.2 Argentina
10.6.6.2.1 Abundance of Biomass Resources - Key Growth Driver
10.6.6.2.2 By Source
Table 152 Argentina: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 153 Argentina: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.6.6.3 Chile
10.6.6.3.1 Government Incentive Schemes to Promote Growth of Feedstock
10.6.6.3.2 By Source
Table 154 Chile: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 155 Chile: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
10.6.6.4 Rest of South America
10.6.6.4.1 By Source
Table 156 Rest of South America: Solid Biomass Feedstock Market, by Source, 2019-2023 (USD Million)
Table 157 Rest of South America: Solid Biomass Feedstock Market, by Source, 2024-2029 (USD Million)
11 Competitive Landscape
11.1 Overview
11.2 Strategies Adopted by Key Players, 2019-2023
Table 158 Solid Biomass Feedstock Market: Overview of Strategies Adopted by Key Players, 2019-2023
11.3 Market Share Analysis, 2023
Figure 44 Market Share Analysis of Top Players, 2023
11.4 Market Evaluation Framework
Table 160 Market Evaluation Framework 2019-2023
11.5 Revenue Analysis, 2018-2022
Figure 45 Solid Biomass Feedstock Market: Segmental Revenue Analysis, 2018-2022
11.5.1 Company Valuation and Financial Metrics
Figure 46 Company Valuation
Figure 47 Financial Metrics
11.6 Brand/Product Comparison
11.7 Company Evaluation Matrix: Key Players, 2023
11.7.1 Stars
11.7.2 Emerging Leaders
11.7.3 Pervasive Players
11.7.4 Participants
Figure 48 Solid Biomass Feedstock Market: Company Evaluation Matrix (Key Players), 2023
11.7.5 Company Footprint, Key Players, 2023
11.7.5.1 Company Footprint
Figure 49 Solid Biomass Feedstock: Product Footprint
Figure 50 Solid Biomass Feedstock: Market Footprint
11.7.5.2 Region Footprint
Table 161 Solid Biomass Feedstock: Region Footprint
11.7.5.3 Source Footprint
Table 162 Solid Biomass Feedstock Market: Source Footprint
11.7.5.4 Type Footprint
Table 163 Solid Biomass Feedstock Market: Type Footprint
11.7.5.5 Application Footprint
Table 164 Solid Biomass Feedstock Market: Application Footprint
11.7.5.6 End-user Footprint
Table 165 Solid Biomass Feedstock Market: End-user Footprint
11.8 Company Evaluation Matrix: Startups/SMEs, 2023
11.8.1 Progressive Companies
11.8.2 Responsive Companies
11.8.3 Dynamic Companies
11.8.4 Starting Blocks
Figure 51 Solid Biomass Feedstock Market: Company Evaluation Matrix (Startups/SMEs), 2023
11.8.5 Competitive Benchmarking: Startups/SMEs, 2023
11.8.5.1 Key Startups/SMEs
Table 166 Solid Biomass Feedstock Market: Key Startups/SMEs
11.8.5.2 Competitive Benchmarking of Key Startups/SMEs
Table 167 Solid Biomass Feedstock Market: Competitive Benchmarking of Startups/SMEs
11.9 Competitive Scenarios and Trends
11.9.1 Product Launches
Table 168 Solid Biomass Feedstock Market: Product Launches, January 2019-December 2023
11.9.2 Deals
Table 169 Solid Biomass Feedstock Market: Deals, January 2019-December 2023
11.9.3 Expansions
Table 170 Solid Biomass Feedstock Market: Expansions, January 2019-December 2023
12 Company Profiles
12.1 Key Players
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats)*
12.1.1 Drax Group PLC
Figure 52 Drax Group PLC: Company Snapshot
12.1.2 Enviva Inc.
Figure 53 Enviva Inc.: Company Snapshot
12.1.3 Arbaflame
Table 181 Arbaflame: Deals
Table 182 Arbaflame: Expansions
12.1.4 Redal
Table 183 Redal: Business Overview
Table 184 Redal: Products/Solutions/Services Offered
12.1.5 Ecostrat Inc.
Table 186 Ecostrat Inc.: Business Overview
Table 187 Ecostrat Inc.: Products/Solutions/Services Offered
12.1.6 Stora Enso
Figure 54 Stora Enso: Company Snapshot
12.1.7 Segezha Group
Table 190 Segezha Group: Business Overview
Figure 55 Segezha Group: Company Snapshot
12.1.8 Lignetics, Inc.
Table 192 Lignetics, Inc.: Business Overview
Table 193 Lignetics, Inc.: Products/Solutions/Services Offered
12.1.9 Rentech, Inc.
Table 195 Rentech, Inc.: Business Overview
12.1.10 Land Energy Ltd
Table 197 Land Energy Ltd.: Business Overview
Table 198 Land Energy Ltd.: Products/Solutions/Services Offered
12.1.11 Supreme Industries
Table 199 Supreme Industries: Business Overview
12.1.12 Wismar Pellets GmbH
Table 201 Wismar Pellets GmbH: Business Overview
12.1.13 Shree Industries
Table 204 Shree Industries: Products/Solutions/Services Offered
12.1.14 Mallard Creek Inc
12.1.15 Subham Industries
Table 207 Subham Industries: Business Overview
12.2 Other Players
12.2.1 Fram Fuels
12.2.2 Gildale Farms
12.2.3 Gombella Integrated Services Ltd.
12.2.4 Valfei Products Inc.
12.2.5 Forest Concepts
12.2.6 Blackwood Technology
12.2.7 Jp Green Fuels
12.2.8 Graanul Invest
12.2.9 Viridis Energy Inc.
12.2.10 Growmore Biotech Ltd
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies
13 Appendix
13.1 Insights from Industry Experts
13.2 Discussion Guide
13.3 Knowledgestore: The Subscription Portal
13.4 Customization Options

Companies Mentioned

  • Drax Group PLC
  • Enviva Inc.
  • Arbaflame
  • Redal
  • Ecostrat Inc.
  • Stora Enso
  • Segezha Group
  • Lignetics, Inc.
  • Rentech, Inc.
  • Land Energy Ltd
  • Supreme Industries
  • Wismar Pellets GmbH
  • Shree Industries
  • Mallard Creek Inc
  • Subham Industries
  • Fram Fuels
  • Gildale Farms
  • Gombella Integrated Services Ltd.
  • Valfei Products Inc.
  • Forest Concepts
  • Blackwood Technology
  • Jp Green Fuels
  • Graanul Invest
  • Viridis Energy Inc.
  • Growmore Biotech Ltd

Table Information

Report AttributeDetails
No. of Pages210
PublishedApril 2024
Forecast Period2024 - 2029
Estimated Market Value ( USD ) in 2024 $ 26.6 Billion
Forecasted Market Value ( USD ) by 2029 $ 36.2 Billion
Compound Annual Growth Rate6.3%
Regions CoveredGlobal
No. of Companies Mentioned25

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About the Solid Biomass Feedstock Market

Solid biomass feedstock refers to the organic materials derived from plants and animals that are used as a raw material for producing biofuels such as biodiesel, ethanol, and other renewable forms of energy. These feedstocks typically include agricultural residues like straw and husks, wood waste from the forestry industry, dedicated energy crops like miscanthus and switchgrass, as well as organic municipal waste. The market for solid biomass feedstock is an integral component of the biofuel industry as it provides the necessary material for the conversion process, which typically involves thermochemical and biochemical pathways. Biofuels play a crucial role in the transition towards more sustainable and environment-friendly energy solutions by offering alternatives to fossil fuels, hence decreasing reliance on non-renewable sources of energy and reducing greenhouse gas emissions. Several companies are active in the solid biomass feedstock market. Some well-known ones include Drax Group, which operates in the energy sector and has investments in sustainable biomass; Enviva Partners LP, which produces wood pellets for power generation; Pacific BioEnergy, specializing in wood pellet production; Green Plains Inc., a vertically integrated ethanol producer; and Abengoa Bioenergy, which produces biofuels from agricultural feedstocks. Show Less Read more

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