The global bioenergy market size is expected to reach around US$ 206.24 billion by 2030 from US$ 108.71 billion in 2021 and is expected to grow at an impressive double-digit rate of 7.4% from 2022 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global bioenergy market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.
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Report Scope of the Bioenergy Market
| Report Coverage | Details |
| Market Size by 2030 | USD 206.24 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 7.4% |
| Largest Market | North America |
| Fastest Growing Region | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
The bioenergy is regarded as renewable energy source which is used in the generation of electricity on a large scale. This energy is mainly generated with the help of biowaste which are easily available. The expansion and development of the global bioenergy market is aided by factors such as the installation of favorable and severe government rules and guidelines. Furthermore, the market for bioenergy is rising in response to the increased need for alternative energy sources.
Furthermore, it has been discovered that using bioenergy reduces the cost and expenses associated with power generation. The worldwide bioenergy market is expanding as a result of this factor. Bioenergy is swiftly gaining traction as a viable alternative to traditional energy sources, helping to diversify the fuel and energy mix while reducing dependency on global petroleum industries and sectors. In comparison to biofuels and bioenergy, this sort of fuel is very costly. Thus, this factor is driving the growth of the global bioenergy market.
The growth and development of the global bioenergy market is being driven by significant causes and important industry trends such as rising investment in bioenergy sectors. For the growth of the bioenergy sector, government organizations and private firms are working together. Bioenergy also lessens a country’s dependency on crude oil commerce, which benefits countries with little or no reserves. Because bioenergy and biofuel are derived from locally available feedstock, governments in both developed and developing nations are incentivizing landowners and producers to generate biomass feedstock, resulting in a rapid expansion in bioenergy production on a wide scale. As a result, all of these factors will contribute to the global bioenergy market’s growth over the forecast period.
Report Highlights:
- Based on the product type, the solid biomasssegment dominated the global bioenergy market in 2020 with largest market share. The solid biomass is made wholly from various kind of wastes like agricultural waste and forestry waste. This kind of product is used in underdeveloped or developing regions around the world.
- On the basis of feedstock, the wood and woody biomasssegment holds the largest market share the global bioenergy market in 2020. The bioenergy is largely produced with the help of wood. The wood is used as forestry waste. This type of biowaste is also utilized in the electricity generation.
- Based on the application, the heat generation segment dominated the global bioenergy market in 2020 with largest market share. The heat is generated with the renewable energy sources such as biomass, biofuel, and biowaste.
- North America is the largest segment for bioenergy market in terms of region. The growth of the bioenergy market in North America region is attributed to the growing need for electricity and increase in investments in the research and development.
- Asia-Pacific region is the fastest growing region in the bioenergy market. The bioenergy market in Asia-Pacific region is mainly driven by the stringent and favorable government regulations regarding renewable energy sources and growing collaborations with key market players.
Future of Bioenergy Market
The bioenergy market is growing due to rise in investments by market players in various sectors in different regions. In addition, the government are implementing policies against carbon emissions and greenhouse gases emissions. The government also provides subsidies and tax rebates for the installation of bioenergy plants. As a result, the expansion of the global bioenergy market is expected in upcoming years.
COVID-19 Impact Analysis:
- The COVID-19 pandemic had adverse effects on the growth of the various sectors and industries.
- The government all around the globe imposed lockdown restrictions and stay at home norms to curb the impact of coronavirus outbreak.
- This resulted into closure of manufacturing units and disruption in supply chain management.
- All of these factors had adverse effects on the growth of the global bioenergy market during 2020.
Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the growth of the global bioenergy market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global bioenergy market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Why should you invest in this report?
If you are aiming to enter the global bioenergy market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for bioenergy are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global bioenergy market include:
- Ameresco Inc.
- MVV Energie AG
- Enexor Energy
- Drax Group
- EnviTec Biogas AG
- Pacific BioEnergy Corp.
- Lignetics
- Enerkem
- Green Plains Inc.
- Enviva
Segments Covered in the Report
By Product Type
- Solid Biomass
- Liquid Biofuel
- Biogas
- Others
By Feedstock
- Agricultural waste
- Wood and Woody Biomass
- Solid Waste
- Others
By Application
- Power generation
- Heat generation
- Transportation
- Others
By Technology
- Gasification
- Fast Pyrolysis
- Fermentation
- Others
Regional Analysis:
The geographical analysis of the global bioenergy market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global bioenergy Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global bioenergy market in 2030?
- What is the expected CAGR for the bioenergy market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global bioenergy market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Bioenergy Market
5.1. COVID-19 Landscape: Bioenergy Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Bioenergy Market, By Product
8.1. Bioenergy Market, by Product Type, 2022-2030
8.1.1. Solid Biomass
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Liquid Biofuel
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Biogas
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Bioenergy Market, By Feedstock
9.1. Bioenergy Market, by Feedstock, 2022-2030
9.1.1. Agricultural waste
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Wood and Woody Biomass
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Solid Waste
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Bioenergy Market, By Application
10.1. Bioenergy Market, by Application Type, 2022-2030
10.1.1. Power generation
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Heat generation
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Transportation
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Bioenergy Market, By Technology
11.1. Bioenergy Market, by Technology Type, 2022-2030
11.1.1. Gasification
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Fast Pyrolysis
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Fermentation
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Bioenergy Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.1.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Feedstock (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)
Chapter 13. Company Profiles
13.1. Ameresco Inc.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. MVV Energie AG
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Enexor Energy
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Drax Group
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. EnviTec Biogas AG
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Pacific BioEnergy Corp.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Lignetics
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Enerkem
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Green Plains Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Enviva
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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