Global Biomass Gasification Market Report 2022: Increasing Employment Rate in Agriculture Industry and Rural Developments Bolsters Growth

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16 May, 2023, 13:45 ET

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DUBLIN, May 16, 2023 /PRNewswire/ -- The "Global Biomass Gasification Market by Source (Agricultural, Forest, Animal, Municipal), Gasifier Technology (Fixed-bed, Fluidized-bed, Entrained Flow), Application (Power, Chemicals, Hydrogen, Transportation, Ethanol, Biochar) and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The biomass gasification market is estimated to grow from USD 29 million in 2022 to USD 45 million by 2027, at a CAGR of 8.9% during the forecast period. The primary drivers of the market include the rising demand for combined heat and power plants from rural areas.

Fluidized-bed segment to be fastest-growing market from 2022 to 2027

The biomass gasification market, by gasifier technology, is bifurcated into fixed-bed gasifier, fluidized-bed gasifier, entrained-flow gasifier and others. Others segments include plasma gasifier and indirectly heated gasifier. The fluidized-bed segment is expected to dominate in terms of CAGR during the forecast period and this dominance can be attributed to the increasing number of projects of power generation.

Forest waste source segment to be fastest-growing market from 2022 to 2027

The biomass gasification market, by source, is agricultural waste, forest waste, municipal waste and animal waste. The agricultural segment is expected to be the second-largest segment. As agricultural waste is an excellent source of energy which can be converted into fuel, chemicals and power, hence it has seen growth during the forecast period.

Power generation, by application, is expected to be the largest market from 2022 to 2027

The biomass gasification market, by application, is bifurcated into power generation, transportation fuel, chemicals, hydrogen generation, ethanol and biochar. The power generation segment is expected to be the largest market followed by the transportation fuel during the forecast period. This dominance is because need for electrification in rural areas of Asia Pacific, Africa and South America.

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Biomass Gasification Market, by Gasifier Technology6.1 Introduction6.2 Fixed-Bed Gasifier6.2.1 Growing Deployment of Fixed-Bed Gasifiers in Combined Heat and Power (Chp) Plants6.3 Fluidized-Bed Gasifier6.3.1 Rising Production of Transportation Fuel Using Fluidized-Bed Gasifiers6.4 Entrained Flow Gasifier6.4.1 Higher Carbon Conversion Efficiency of Entrained Flow Gasifier6.5 Others6.5.1 Plasma Gasifier6.5.1.1 Increasing Installation of Power Plants to Convert Municipal Solid Waste to Energy6.5.2 Indirectly Heated Gasifier6.5.2.1 Increasing Government-Led R&D Initiatives

7 Biomass Gasification Market, by Source7.1 Introduction7.2 Agricultural Waste7.2.1 Growing Need to Meet Energy Demands in Rural Areas7.3 Forest Waste7.3.1 Rising Demand for Wood Biomass7.4 Animal Waste7.4.1 Increasing Demand for Biofertilizers7.5 Municipal Waste7.5.1 Industrial Waste7.5.1.1 Increasing Investments in the Development of Biofuel Plants Utilizing Industrial Waste as Feedstock7.5.2 Solid Waste and Sewage7.5.2.1 Growing Demand for Ethanol as Fuel Source

8 Biomass Gasification Market, by Application8.1 Introduction8.2 Power Generation8.2.1 Surging Electricity Demand from Rural Areas8.3 Hydrogen Generation8.3.1 Increasing Demand for Sustainable Hydrogen8.4 Chemicals8.4.1 Growing Agriculture and Fertilizer Industries8.5 Transportation Fuel8.5.1 Growing Demand for Sustainable Fuel in Transportation Sector8.6 Ethanol8.6.1 Growing Need to Reduce Co2 Emissions from Gasoline8.7 Biochar8.7.1 Increasing Demand for Biochar to Boost Agricultural Productivity

9 Biomass Gasification Market, by Region

10 Competitive Landscape

11 Company Profiles

12 Appendix

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/qrme22

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SOURCE Research and Markets