바이오 액체 열 및 전력 생산 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 연료 유형별, 기술별, 지역별＆경쟁(2021-2031년)

The Global Bioliquid Heat & Power Generation Market is anticipated to rise from USD 2.62 Billion in 2025 to USD 4.21 Billion by 2031 at a CAGR of 8.23%. This market employs liquid biomass fuels-including bioethanol, biodiesel, and vegetable oils-to generate thermal energy and electricity using turbines or combustion engines. Growth is primarily propelled by rigorous government mandates for decarbonization intended to lessen reliance on fossil fuels, alongside the essential need for dispatchable renewable energy to balance power grids against the intermittency of solar and wind resources. Furthermore, the capacity to economically utilize waste streams and agricultural residues offers a foundational driver for adoption, distinct from fleeting technological fads.

Conversely, market saturation is significantly impeded by the fluctuating availability and pricing of feedstocks, a situation often worsened by ethical conflicts regarding land use for fuel versus food. Data from the World Bioenergy Association indicates that global electricity generation from bioenergy hit 711 TWh in 2024. Although this statistic highlights the vast magnitude of the general biomass power industry, the specific growth of bioliquid applications is restricted by intricate upstream supply chain logistics and the necessity for rigorous sustainability certifications.

Market Driver

The central catalyst for the Global Bioliquid Heat & Power Generation Market is the establishment of favorable renewable energy incentives and policies. Across the globe, governments are introducing fiscal subsidies and blending mandates to hasten the shift from fossil fuels to bioliquids within power and thermal applications. Such regulatory structures lower the cost premium linked to biofuel manufacturing, thereby rendering sustainable liquid fuels financially feasible for industrial operators and utilities. As noted by the International Energy Agency (IEA) in its October 2024 'Renewables 2024' report, the deployment of renewable fuels is projected to grow by 4 EJ by 2030, largely due to specific supportive policies in major nations such as the United States, Brazil, and India. This demand, fueled by policy, guarantees a secure investment landscape for the growth of bioliquid infrastructure.

Furthermore, the intensifying global emphasis on reducing carbon emissions and decarbonization accelerates the uptake of bioliquid technologies, especially in industries that demand dispatchable electricity or high-temperature heat. Sectors dealing with rigorous carbon limitations employ bioliquids to sustain operations while drastically reducing their greenhouse gas emissions relative to diesel or coal. This pressing need to decarbonize supply chains fosters production scalability and the incorporation of bioenergy into the broader energy portfolio. The Energy Institute's '2025 Statistical Review of World Energy', released in June 2025, reveals that renewable sources provided 32% of the global electricity supply in 2024, mirroring a deepened industrial dedication to low-carbon energy. Additionally, the International Renewable Energy Agency (IRENA) reported in 2025 that global bioenergy capacity grew by 4.6 GW in 2024, highlighting the expanding significance of biomass solutions in the move toward a net-zero energy framework.

Market Challenge

The major obstacle limiting the growth of the Global Bioliquid Heat & Power Generation Market involves significant volatility in feedstock availability and pricing, further aggravated by the ethical conflict regarding land usage for food versus fuel. Generating power from bioliquids depends extensively on agricultural goods such as biodiesel and vegetable oils, which are naturally vulnerable to geopolitical instability, erratic weather conditions, and rival demand from the food industry. These elements result in a fragile supply chain characterized by severe fluctuations in fuel costs, which compromise the financial sustainability of power plants that need consistent operating expenses to compete with other renewable baseload alternatives.

Consequently, this instability obstructs market penetration by fostering a negative investment environment and interrupting reliable power generation. Capital commitment to infrastructure is deterred by variable and ethically disputed primary input costs, resulting in stagnation of capacity growth. The Food and Agriculture Organization reported in late 2024 that the global vegetable oil price index rose by 32% year-over-year due to constricted supplies in key production areas. Such drastic price increases diminish profit margins and compel operators to reduce output, thereby hindering bioliquid technologies from attaining the widespread adoption required to substantially boost their presence in the global energy mix.

Market Trends

A revolutionary trend within the bioliquid power industry is the swift uptake of Hydrotreated Vegetable Oil (HVO), largely because it functions as a drop-in substitute for traditional diesel within current infrastructure. Operators of data centers and utilities are increasingly adopting this paraffinic fuel to lower carbon emissions in peaking and backup power generation, avoiding expensive engine alterations or warranty voids. Such compatibility facilitates an instant decrease in lifecycle emissions while preserving the dependability required for critical power systems. As stated in Caterpillar's '2024 Sustainability Report' from May 2025, clients using their rental power solutions have utilized more than 30 million liters of HVO since 2022, proving the growing commercial feasibility of this fuel in rigorous industrial settings.

Concurrently, the market is experiencing a structural shift towards waste-based and second-generation feedstocks to address ethical land-use issues and bolster supply chain durability. Producers are modifying their procurement tactics to move from virgin crop oils to circular resources like animal fat residues and used cooking oil, thereby separating energy production from fluctuating food commodity markets. This transition improves the sustainability credentials of bioliquid power and conforms to stricter regulations that favor non-food biomass. Neste's 'Annual Report 2024', published in February 2025, indicates that waste and residue feedstocks constituted an average of 90% of the firm's total renewable material inputs in 2024, emphasizing the industrial magnitude of this strategic move towards circular economy tenets.

Key Market Players

• Albioma SA
• Archer-Daniels-Midland Co
• Ameresco Inc
• Envitec Biogas AG
• Enviva Inc.
• Drax Group
• Strabag SE
• Pinnacle Renewable Energy Inc.
• Enerkem
• Green Plains Inc.

Report Scope

In this report, the Global Bioliquid Heat & Power Generation Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Bioliquid Heat & Power Generation Market, By Fuel Type

• Bioethanol
• Biodiesel
• Others

Bioliquid Heat & Power Generation Market, By Technology

• Engine
• Turbine
• Others

Bioliquid Heat & Power Generation Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Bioliquid Heat & Power Generation Market.

Available Customizations:

Global Bioliquid Heat & Power Generation Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Bioliquid Heat & Power Generation Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Fuel Type (Bioethanol, Biodiesel, Others)
  • 5.2.2. By Technology (Engine, Turbine, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Bioliquid Heat & Power Generation Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Fuel Type
  • 6.2.2. By Technology
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Bioliquid Heat & Power Generation Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Fuel Type
      • 6.3.1.2.2. By Technology
  • 6.3.2. Canada Bioliquid Heat & Power Generation Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Fuel Type
      • 6.3.2.2.2. By Technology
  • 6.3.3. Mexico Bioliquid Heat & Power Generation Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Fuel Type
      • 6.3.3.2.2. By Technology

7. Europe Bioliquid Heat & Power Generation Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Fuel Type
  • 7.2.2. By Technology
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Bioliquid Heat & Power Generation Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Fuel Type
      • 7.3.1.2.2. By Technology
  • 7.3.2. France Bioliquid Heat & Power Generation Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Fuel Type
      • 7.3.2.2.2. By Technology
  • 7.3.3. United Kingdom Bioliquid Heat & Power Generation Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Fuel Type
      • 7.3.3.2.2. By Technology
  • 7.3.4. Italy Bioliquid Heat & Power Generation Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Fuel Type
      • 7.3.4.2.2. By Technology
  • 7.3.5. Spain Bioliquid Heat & Power Generation Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Fuel Type
      • 7.3.5.2.2. By Technology

8. Asia Pacific Bioliquid Heat & Power Generation Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Fuel Type
  • 8.2.2. By Technology
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Bioliquid Heat & Power Generation Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Fuel Type
      • 8.3.1.2.2. By Technology
  • 8.3.2. India Bioliquid Heat & Power Generation Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Fuel Type
      • 8.3.2.2.2. By Technology
  • 8.3.3. Japan Bioliquid Heat & Power Generation Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Fuel Type
      • 8.3.3.2.2. By Technology
  • 8.3.4. South Korea Bioliquid Heat & Power Generation Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Fuel Type
      • 8.3.4.2.2. By Technology
  • 8.3.5. Australia Bioliquid Heat & Power Generation Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Fuel Type
      • 8.3.5.2.2. By Technology

9. Middle East & Africa Bioliquid Heat & Power Generation Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Fuel Type
  • 9.2.2. By Technology
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Bioliquid Heat & Power Generation Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Fuel Type
      • 9.3.1.2.2. By Technology
  • 9.3.2. UAE Bioliquid Heat & Power Generation Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Fuel Type
      • 9.3.2.2.2. By Technology
  • 9.3.3. South Africa Bioliquid Heat & Power Generation Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Fuel Type
      • 9.3.3.2.2. By Technology

10. South America Bioliquid Heat & Power Generation Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Fuel Type
  • 10.2.2. By Technology
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Bioliquid Heat & Power Generation Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Fuel Type
      • 10.3.1.2.2. By Technology
  • 10.3.2. Colombia Bioliquid Heat & Power Generation Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Fuel Type
      • 10.3.2.2.2. By Technology
  • 10.3.3. Argentina Bioliquid Heat & Power Generation Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Fuel Type
      • 10.3.3.2.2. By Technology

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Bioliquid Heat & Power Generation Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Albioma SA
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Archer-Daniels-Midland Co
• 15.3. Ameresco Inc
• 15.4. Envitec Biogas AG
• 15.5. Enviva Inc.
• 15.6. Drax Group
• 15.7. Strabag SE
• 15.8. Pinnacle Renewable Energy Inc.
• 15.9. Enerkem
• 15.10. Green Plains Inc.

16. Strategic Recommendations

17. About Us & Disclaimer