Global Biomass Power Market Size & Outlook
The biomass power industry worldwide is expected to reach a projected revenue of US$ 203,605.2 million by 2030. A compound annual growth rate of 5.9% is expected of the worldwide biomass power industry from 2022 to 2030.
Revenue, 2021 (US$M)
$121,340.8
Forecast, 2030 (US$M)
$203,605.2
CAGR, 2022 - 2030
5.9%
Report Coverage
Worldwide
Global biomass power market, 2018-2030 (US$M)
Related Markets
Global biomass power market highlights
- The global biomass power market generated a revenue of USD 121,340.8 million in 2021 and is expected to reach USD 203,605.2 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.9% by 2030.
- In terms of segment, solid biofuel accounted for a revenue of USD 104,424.8 million in 2021.
- Liquid Biofuel is the most lucrative feedstock segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2021.
- Country-wise, Canada is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 121,340.8 million |
| Market revenue in 2030 | USD 203,605.2 million |
| Growth rate | 5.9% (CAGR from 2021 to 2030) |
| Largest segment | Solid biofuel |
| Fastest growing segment | Liquid Biofuel |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid Biofuel, Liquid Biofuel, Biogas |
Other key industry trends
- In terms of revenue, the North America accounted for 19.6% of the global biomass power market in 2021.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 9,529.9 million by 2030.
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Biomass Power Market Scope
Biomass power market segmentation & scope
Biomass Power Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biomass power market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biomass power market will help companies and investors design strategic landscapes.
solid biofuel was the largest segment with a revenue share of 86.06% in 2021. Horizon Databook has segmented the Global biomass power market based on solid biofuel, liquid biofuel, biogas covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biomass Power Feedstock Outlook (Revenue, USD Million, 2018-2030)
- Solid Biofuel
- Liquid Biofuel
- Biogas
- Global Biomass Power Technology Outlook (Revenue, USD Million, 2018-2030)
- Combustion
- Anaerobic Digestion
- Gasification
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Target buyers of Global biomass power market databook
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Our clientele includes a mix of biomass power market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global biomass power market , including forecasts for subscribers. This global databook contains high-level insights into Global biomass power market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global biomass power market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Biomass power market size, 2021 (USD Million)
Top 10 countries: Biomass power market size, 2021 (USD Million)
Global biomass power market, by region, 2021 (US$M)
Related regional statistics
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