The global market for Biomass and Waste-to-Energy was estimated at US$32.1 Billion in 2023, and is projected to reach US$45.7 Billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the biomass and waste-to-energy market is driven by several factors, including technological advancements, policy support, and increasing awareness of environmental issues. Technological advancements have significantly improved the efficiency and scalability of biomass and WTE systems, making them more cost-effective and capable of handling larger volumes of waste and biomass. Government policies and incentives, such as tax credits, subsidies, and renewable energy mandates, play a crucial role in promoting the adoption of these technologies. The increasing awareness and concern about environmental issues, particularly climate change and waste management, have spurred both public and private sector investments in biomass and WTE projects. Furthermore, the growing demand for renewable energy sources to meet rising energy needs and the shift towards a circular economy, where waste is minimized, and resources are reused, also contribute to market growth. The integration of smart grid technologies and advancements in material recovery from waste are additional drivers, enabling more efficient and sustainable energy production from biomass and waste resources. Collectively, these factors highlight the dynamic and multifaceted growth of the biomass and waste-to-energy market, emphasizing its critical role in the transition towards a more sustainable and resilient energy future.
The growth in the biomass and waste-to-energy market is driven by several factors, including technological advancements, policy support, and increasing awareness of environmental issues. Technological advancements have significantly improved the efficiency and scalability of biomass and WTE systems, making them more cost-effective and capable of handling larger volumes of waste and biomass. Government policies and incentives, such as tax credits, subsidies, and renewable energy mandates, play a crucial role in promoting the adoption of these technologies. The increasing awareness and concern about environmental issues, particularly climate change and waste management, have spurred both public and private sector investments in biomass and WTE projects. Furthermore, the growing demand for renewable energy sources to meet rising energy needs and the shift towards a circular economy, where waste is minimized, and resources are reused, also contribute to market growth. The integration of smart grid technologies and advancements in material recovery from waste are additional drivers, enabling more efficient and sustainable energy production from biomass and waste resources. Collectively, these factors highlight the dynamic and multifaceted growth of the biomass and waste-to-energy market, emphasizing its critical role in the transition towards a more sustainable and resilient energy future.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Thermal Technology segment, which is expected to reach US$36.4 Billion by 2030 with a CAGR of a 5.0%. The Biological Technology segment is also set to grow at 6.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $5.7 Billion in 2023, and China, forecasted to grow at an impressive 6.3% CAGR to reach $7.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Biomass and Waste-to-Energy Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Biomass and Waste-to-Energy Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Biomass and Waste-to-Energy Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Agrigas Energy S.A., Babcock & Wilcox Enterprises, Inc., Future Biogas Limited, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 58 Featured):
- Agrigas Energy S.A.
- Babcock & Wilcox Enterprises, Inc.
- Future Biogas Limited
- Hitachi Zosen Corporation
- ITOCHU Corporation
- Keppel Corporation
- Licella Holdings Ltd.
- Marubeni Corporation
- Mitsubishi Heavy Industries Ltd.
- The EDF Group
- Veolia Environnement S.A.
- Wartsila Corporation;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
INDIA
AUSTRALIA
LATIN AMERICA
Companies Mentioned
- Agrigas Energy S.A.
- Babcock & Wilcox Enterprises, Inc.
- Future Biogas Limited
- Hitachi Zosen Corporation
- ITOCHU Corporation
- Keppel Corporation
- Licella Holdings Ltd.
- Marubeni Corporation
- Mitsubishi Heavy Industries Ltd.
- The EDF Group
- Veolia Environnement S.A.
- Wartsila Corporation;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 253 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 32.1 Billion |
Forecasted Market Value ( USD | $ 45.7 Billion |
Compound Annual Growth Rate | 5.2% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |