Dublin, Aug. 01, 2024 (GLOBE NEWSWIRE) — The “Biomass and Waste-to-Energy – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Biomass and Waste-to-Energy is 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.
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 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 $7.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ 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 operating in the industry.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 253 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $32.1 Billion |
| Forecasted Market Value (USD) by 2030 | $45.7 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
MARKET OVERVIEW
- Biomass and Waste-to-Energy – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Worldwide Renewable Energy Market: A Review
- Targets for Electricity Production from Renewable Energy Sources in Select Countries
- Sustained Rise in Electric Power Consumption Drives the Need for Alternative Energy Sources
- Biomass and Waste-To-Energy: A Prelude
- Major Categories of Biomass Sources
- Biomass Market: Fast Facts
- Waste-to-Energy
- Stages of Waste Conversion Process
- Technologies for MSW Treatment
- Technologies for Processing Biomass
- Supply Security & Environmental Concerns Boost Biomass Usage
- Growth Drivers for Biomass Power Generation
- Market Restraints
- Waste-to-Energy Market to Register Strong Growth
- Percentage of Municipal Solid Waste Burned with Energy Recovery in Select Countries
- Asia Pacific to Drive Growth
- Issues Surrounding Waste-to Energy
- Recent Market Activity
- World Brands
MARKET TRENDS & DRIVERS
- Automation Picks Up Pace at Waste-to-Energy and Biomass Plants
- Rising Biomass Pallet Production Helps Biomass Industry Display Strong Growth
- Rise in MSW Augurs Well for Market Growth
- Startups Enter Waste-To-Energy Space
- Innovations and Technology Advancements Spur Growth
- Hydrothermal Carbonization Waste-To-Energy Technology
- Researchers at UNIST Develop New Biomass Conversion Technology
- Dendro Liquid Energy (DLE) to Offer New Growth Avenues
- Micropower Projects: Providing Electricity to Remote Areas
- Rise in Use of Biomass in Heat Applications
- Biomass CHP as a Percentage of Total CHP Generation in Select Countries
- Electricity from Biomethane Facilitates Pollution Reduction
For more information about this report visit https://www.researchandmarkets.com/r/ofxu9o
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- Global Biomass and Waste-to-Energy Market
