세계의 바이오매스 가스화 시장 평가 : 원료별, 가스화 기술별, 용도별, 지역별, 기회, 예측(2017-2031년)

Biomass gasification market size was valued at USD 52.6 billion in 2023, which is expected to reach USD 94.51 billion in 2031, with a CAGR of 7.6% for the forecasted period between 2024 and 2031.

The biomass gasification market is experiencing significant growth due to several factors. Biomass gasification offers various benefits, including reduced greenhouse gas (GHG) emissions, waste management, and the potential for decentralized energy production. The increasing demand for renewable energy, environmental concerns, and supportive regulatory frameworks primarily drive the market. Additionally, government support for renewable energy, the need for energy security and rural development, and the growing need for clean energy solutions to achieve the net zero target are contributing to the market's expansion. Moreover, the market is witnessing increased investments from both public and private sectors, further fueling its growth.

Biomass gasification is gaining momentum as a promising solution for achieving net-zero carbon emissions. For example, in August 2023, the government of the United Kingdom framed a strategy named as Biomass Strategy 2023. The Biomass Strategy 2023 outlines the role of sustainable biomass in achieving net-zero, the government's efforts to enable that objective, and areas where further action is required. Moreover, the strategy aims to strengthen biomass sustainability and promote the use of sustainable biomass across multiple sectors of the economy to achieve the UK's net-zero target.

Utilization of Agriculture Waste

The market is extensively amplified by the continuously increasing utilization of agricultural waste, including crop residues and organic matter, to produce valuable energy resources. It aligns with the principles of a circular economy, minimizing environmental impact. The market is segmented by source, gasifier technology, and application, with agricultural waste being a significant driver of market expansion.

In February 2023, Southeast Asia Development Solutions (SEADS) adopted the green technology as driving force for agriculture in Vietnam. The organization stated that in Vietnam, agricultural residues are currently being discarded and burned, thereby leading to environmental pollution and resource wastage. It has created an urgent need for agri-micro and small enterprises to transition to a more sustainable and cost-effective energy source. The adoption of proper biomass-based energy technology, such as volumetric continuous biomass gasification (VCBG), can help convert agricultural residues into fuel for heating and processing, and addressing the need for cleaner energy.

Fluidized Bed Technology is Accelerating the Market Growth

The Fluidized Bed Technology is regarded as one of the key drivers of the market. Fluidized-bed gasifiers have several advantages over fixed-bed gasifiers, including uniform temperature distribution, high carbon conversion, low tar production, and a wide range of biomass types, sizes, and feed rates. They offer fuel flexibility, moderate oxidant and steam requirements, and excellent gas-solid contact.

For instance, in May 2022, Sumitomo SHI FW (SFW) was chosen as the preferred gasifier supplier for Protos Biofuels Ltd's first municipal waste advanced biofuels project, which entered the front-end engineering design (FEED) phase. The project, developed by Advanced Biofuel Solutions Ltd (ABSL) and Greenergy, would divert 150,000 tonnes of household waste annually and avoid 160,000 tonnes of carbon dioxide emissions each year by using waste as a feedstock. The plant would replace fossil fuel with waste-based fuel alternatives and capture carbon dioxide. The project is expected to be completed by 2025.

Increasing Utilization of Biomass in Power Generation

The increasing utilization of biomass in power generation is creating numerous opportunities in the biomass gasification market. With the global focus on sustainable and eco-friendly energy solutions, biomass gasification offers a carbon-neutral or carbon-negative alternative to conventional fossil fuels. Moreover, the market is expected to expand rapidly, propelled by technological developments, and increased investment in bioenergy projects.

For instance, in August 2022, the Government of India announced that Haryana is the only state in the country to have installed a biomass gasifier plants with a capacity of 6,463 kWeq (kilowatt equivalent) for power generation from stubble and biomass. To develop a biomass supply chain infrastructure and encourage investors to participate in this sector, the ministry issued a long-term contract with a minimum tenure of 7 years for biomass supply in March 2022.

Europe's Emergence as a Market Leader

Europe has emerged as the most dominant region in the biomass gasification market due to several factors. The region's dominance is attributed to the presence of major industry players and its active pursuit of energy shift towards renewable sources for primary energy production. Additionally, the market is characterized by a diverse range of biomass feedstocks, including agricultural residues, forestry waste, and dedicated energy crops, which has further contributed to Europe's leadership in the market.

For instance, in May 2022, Cortus Energy AB (Cortus), a Swedish developer of biomass gasification technology, announced that it has secured two orders for biomass gasifiers, one from the German businesses blueFLUX Energy AG and the other from Holzner Druckbehalter GmbH along with burners and gas coolers/boilers. Moreover, Cortus stated that the total value of these two projects might be worth up to USD 7.74 million depending on the ultimate scope of delivery.

Government Initiatives

Government initiatives are crucial in fostering growth of the global biomass gasification market. As the market seek sustainable energy solutions, the supportive policies and incentives are driving R&D and adoption of biomass gasification technologies. Moreover, governments are playing a pivotal role in creating a favorable environment for investors, thereby promoting innovation, and ensuring regulatory frameworks that encourage the utilization of biomass gasification.

For instance, in November 2022, the Ministry of New and Renewable Energy (MNRE), i.e., the Government of India, launched the National Bioenergy Programme, which will run from FY 2021-22 to 2025-26 in two phases. Phase-I of the program has a budget outlay of USD 102.88 million and comprises three sub-schemes out of which the "Biomass Programme" aims to support the manufacturing of briquettes and pellets, and the promotion of biomass-based cogeneration in industries within the country.

Impact of COVID-19

The COVID-19 pandemic significantly impacted the global biomass gasification market causing distinct shifts in both pre-COVID and present scenarios. Pre-COVID, the market witnessed steady growth due to increasing environmental concerns and a focus on sustainable energy sources. However, the pandemic induced disruptions in the supply chain, delaying projects and effective market dynamics. The post-COVID or the present situation reflects a mixed landscape. It includes a rising awareness of renewable energy and driving investments, on the contrary, economic uncertainties and supply chain challenges persisting. Moreover, the market is adapting with increased emphasis on technology integration, resilient supply chains, and government initiatives. Overall, amid challenges, opportunities for growth and innovation for the market are emerging in the present era.

Key Players Landscape and Outlook

Major firms are focused on the development of biomass power plants, resulting in rapid advancements in the biomass gasification sector. Furthermore, these organizations are engaging in numerous collaborations to produce highly sophisticated technologies to increase their respective revenues.

In January 2023, DP Clean Tech, received a big contract to provide the boiler islands for the West Africa's largest biomass complex. The 46MW biomass plant situated in southeast Cote d'Ivoire is DP's third significant project on the continent, as well as a high-profile project for the area. Moreover, Biovea Energie S.A., a joint venture between Electricite De France (EDF), Biokala (a subsidiary of the agro-industrial company SIFCA), and French corporation Meridiam, is funding the project and China Energy Engineering Corp. (CEEC) is in charge of delivering it. The project is expected to run on roughly 480,000 tpa of locally supplied palm wastes.

In October 2023, Valmet, one of the Finnish market leaders in biomass gasification announced the supplying of biomass power plant to Goteborg Energi located in Sweden. Valmet's supply will contain a 140 MWth Valmet BFB Boiler plant using bubbling fluidized bed technology, as well as a flue gas cleaning and condensing system. Moreover, forest leftovers and recovered wood chips will be used as major fuels.

Table of Contents

1. Research Methodology

2. Project Scope & Definitions

3. Impact of COVID-19 on Global Biomass Gasification Market

4. Executive Summary

5. Voice of Customer

• 5.1. Product and Market Intelligence
• 5.2. Factors Considered in Purchase Decisions
  • 5.2.1. Overall Expenses
  • 5.2.2. Facility Requirement
  • 5.2.3. Type of gasifier
  • 5.2.4. Feedstock
  • 5.2.5. Equivalence ratio
  • 5.2.6. Syngas impurities
  • 5.2.7. Efficiency
  • 5.2.8. After-Sales Support

6. Global Biomass Gasification Market Outlook, 2017-2031F

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. By Source
  • 6.2.1. Agriculture Waste
  • 6.2.2. Forest Waste
  • 6.2.3. Municipal Waste
  • 6.2.4. Animal Waste
  • 6.2.5. Others
• 6.3. By Gasifier Technology
  • 6.3.1. Fixed Bed
  • 6.3.2. Fluidized Bed
  • 6.3.3. Others
• 6.4. By Application
  • 6.4.1. Power Generation
  • 6.4.2. Chemicals
  • 6.4.3. Transportation Fuels
  • 6.4.4. Ethanol
  • 6.4.5. Hydrogen Generation
  • 6.4.6. Others
• 6.5. By Region
  • 6.5.1. North America
  • 6.5.2. Asia-Pacific
  • 6.5.3. Europe
  • 6.5.4. South America
  • 6.5.5. Middle East and Africa
• 6.6. By Company Market Share (%), 2023

7. Global Biomass Gasification Market Outlook, By Region, 2017-2031F

• 7.1. North America*
  • 7.1.1. Market Size & Forecast
    • 7.1.1.1. By Value
  • 7.1.2. By Source
    • 7.1.2.1. Agriculture Waste
    • 7.1.2.2. Forest Waste
    • 7.1.2.3. Municipal Waste
    • 7.1.2.4. Animal Waste
    • 7.1.2.5. Others
  • 7.1.3. By Gasifier Technology
    • 7.1.3.1. Fixed Bed
    • 7.1.3.2. Fluidized Bed
    • 7.1.3.3. Others
  • 7.1.4. By Application
    • 7.1.4.1. Power Generation
    • 7.1.4.2. Chemicals
    • 7.1.4.3. Transportation Fuels
    • 7.1.4.4. Ethanol
    • 7.1.4.5. Hydrogen Generation
    • 7.1.4.6. Others
  • 7.1.5. United States*
    • 7.1.5.1. Market Size & Forecast
    • 7.1.5.1.1. By Value
    • 7.1.5.2. By Source
    • 7.1.5.2.1. Agriculture Waste
    • 7.1.5.2.2. Forest Waste
    • 7.1.5.2.3. Municipal Waste
    • 7.1.5.2.4. Animal Waste
    • 7.1.5.2.5. Others
    • 7.1.5.3. By Gasifier Technology
    • 7.1.5.3.1. Fixed Bed
    • 7.1.5.3.2. Fluidized Bed
    • 7.1.5.3.3. Others
    • 7.1.5.4. By Application
    • 7.1.5.4.1. Power Generation
    • 7.1.5.4.2. Chemicals
    • 7.1.5.4.3. Transportation Fuels
    • 7.1.5.4.4. Ethanol
    • 7.1.5.4.5. Hydrogen Generation
    • 7.1.5.4.6. Others
  • 7.1.6. Canada
  • 7.1.7. Mexico

All segments will be provided for all regions and countries covered:

• 7.2. Europe
  • 7.2.1. Germany
  • 7.2.2. France
  • 7.2.3. Italy
  • 7.2.4. United Kingdom
  • 7.2.5. Russia
  • 7.2.6. Netherlands
  • 7.2.7. Spain
• 7.3. South America
  • 7.3.1. Brazil
  • 7.3.2. Argentina
• 7.4. Asia-Pacific
  • 7.4.1. India
  • 7.4.2. China
  • 7.4.3. Japan
  • 7.4.4. Australia
  • 7.4.5. South Korea
• 7.5. Middle East & Africa
  • 7.5.1. Saudi Arabia
  • 7.5.2. UAE
  • 7.5.3. South Africa

8. Market Mapping, 2023

• 8.1. By Source
• 8.2. By Gasifier Technology
• 8.3. By Application
• 8.4. By Region

9. Macro Environment and Industry Structure

• 9.1. Supply Demand Analysis
• 9.2. Import Export Analysis
• 9.3. Value Chain Analysis
• 9.4. PESTEL Analysis
  • 9.4.1. Political Factors
  • 9.4.2. Economic System
  • 9.4.3. Social Implications
  • 9.4.4. Technological Advancements
  • 9.4.5. Environmental Impacts
  • 9.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
• 9.5. Porter's Five Forces Analysis
  • 9.5.1. Supplier Power
  • 9.5.2. Buyer Power
  • 9.5.3. Substitution Threat
  • 9.5.4. Threat from New Entrant
  • 9.5.5. Competitive Rivalry

10. Market Dynamics

• 10.1. Growth Drivers
• 10.2. Growth Inhibitors (Challenges and Restraints)

11. Key Players Landscape

• 11.1. Competition Matrix of Top Five Market Leaders
• 11.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2023)
• 11.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
• 11.4. SWOT Analysis (For Five Market Players)
• 11.5. Patent Analysis (If Applicable)

12. Pricing Analysis

13. Case Studies

14. Key Players Outlook

• 14.1. Mitsubishi Heavy Industries (MHI) Group
  • 14.1.1. Company Details
  • 14.1.2. Key Management Personnel
  • 14.1.3. Products & Services
  • 14.1.4. Financials (As reported)
  • 14.1.5. Key Market Focus & Geographical Presence
  • 14.1.6. Recent Developments
• 14.2. GP Green Energy Systems Pvt. Ltd
• 14.3. EQTEC PLC
• 14.4. Valmet Corporation
• 14.5. Enersol Biopower Pvt. Ltd
• 14.6. Nexterra Systems Corp.
• 14.7. Ankur Scientific Energy Technologies Pvt Ltd
• 14.8. PRM Energy Systems Inc.
• 14.9. All Power Labs
• 14.10. DP Clean Tech

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

15. Strategic Recommendations

16. About Us & Disclaimer