Global Biomass Gasification Market to Reach $153.1 Billion by 2027

DUBLIN, Sept. 16, 2022 /PRNewswire/ — The “Biomass Gasification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ¬†’s offering.

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The global biomass gasification market size reached US$ 105 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 153.1 Billion by 2027, exhibiting a CAGR of 6.49% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Biomass gasification refers to a technology pathway that utilizes a controlled process to transform biomass into hydrogen and carbon monoxide (CO) by using oxygen, heat, carbon dioxide (CO2) and steam. The energy released through the process can be used for preparing food, generating electricity, heating and transportation.

As compared to traditional gas-powered systems, biomass gasifiers offer an optimum decentralized energy source at an affordable cost. Other than this, the integration of biomass gasification with steam and gas turbines offers an efficient, clean and modern biomass system for the production of electricity and heat. The rapid depletion of fossil fuels and the abundant availability of biomass is currently driving the market toward growth.

Biomass Gasification Market Trends:

The Increasing rural electrification rate, particularly in developing countries, has escalated the demand for decentralized electricity generation, which is majorly driving the global biomass gasification market toward growth.

Besides this, the widespread acceptance of these systems for waste processing as a replacement of conventional techniques, such as incineration and landfill, is further fueling the market growth. Moreover, the leading market players and governments of various nations have been consistently investing in the development of advanced technologies, which is contributing to the market growth.

For instance, the United States Depart of Energy (USDOE) is developing innovative and flexible modular designs through the Gasification Systems Program. This aids in the conversion of different types of US domestic coal blends, waste plastics, and municipal solid waste (MSW) into clean synthesis gas. Furthermore, the rising development and commercialization of small- to large-scale biomass gasification systems combined with power generation equipment is positively influencing the market across the globe.

Key Market Segmentation:

Breakup by Source:

  • Solid Biomass
  • Biogas
  • Municipal Waste
  • Liquid Biomass

Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Power Generation Industry

6 Global Biomass Gasification Industry

6.1 Market Overview

6.2 Market Performance

6.2.1 Production Volume Trends

6.2.2 Value Trends

6.3 Impact of COVID-19

6.4 Price Analysis

6.4.1 Key Price Indicators

6.4.2 Price Structure

6.4.2 Price Trends

6.5 Market Breakup by Region

6.6 Market Breakup by Source

6.7 Market Forecast

6.8 SWOT Analysis

6.8.1 Overview

6.8.2 Strengths

6.8.3 Weaknesses

6.8.4 Opportunities

6.8.5 Threats

6.9 Value Chain Analysis

6.9.1 Feedstock Procurement

6.9.2 Wood Pellet Production

6.9.3 Distribution

6.9.4 Pellet Combustion and Value Conversion

6.10 Porter’s Five Forces Analysis

6.10.1 Overview

6.10.2 Bargaining Power of Buyers

6.10.3 Bargaining Power of Suppliers

6.10.4 Degree of Competition

6.10.5 Threat of New Entrants

6.10.6 Threat of Substitutes

6.11 Key Market Drivers and Success Factors

7 Biomass Gasification Market: Performance of Key Regions

8 Biomass Gasification Market: Market Breakup by Source

8.1 Solid Biomass

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Biogas

8.2.1 Market Trends

8.2.2 Market Forecast

8.3 Municipal Waste

8.3.1 Market Trends

8.3.2 Market Forecast

8.4 Liquid Biomass

8.4.1 Market Trends

8.4.2 Market Forecast

9 Competitive Landscape

9.1 Market Structure

9.2 Production Capacities of Key Players

10 Biomass Gasification Process

10.1 Overview

10.2 Detailed Process Flow

10.3 Various Types of Unit Operations Involved

10.4 Mass Balance and Raw Material Requirements

11 Project Details, Requirements and Costs Involved

11.1 Land Requirements and Expenditures

11.2 Construction Requirements and Expenditures

11.3 Plant Machinery

11.4 Machinery Pictures

11.5 Raw Material Requirements and Expenditures

11.6 Raw Material and Final Product Pictures

11.7 Utility Requirements and Expenditures

11.8 Manpower Requirements and Expenditures

11.9 Other Capital Investments

12 Loans and Financial Assistance

13 Project Economics

13.1 Capital Cost of the Project

13.2 Techno-Economic Parameters

13.3 Product Pricing and Margins Across Various Levels of the Supply Chain

13.4 Taxation and Depreciation

13.5 Income Projections

13.6 Expenditure Projections

13.7 Financial Analysis

13.8 Profit Analysis

14 Key Player Profiles

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