Bioenergy Market: Increasing Demand for Power Globally & Rising Demand 2025
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Bioenergy
is renewable energy made available from materials derived from
biological sources. Biomass is any organic material which has stored
sunlight in the form of chemical energy. As a fuel it may include
wood, wood waste, straw, manure, sugarcane, and many other
by-products from a variety of agricultural processes.
The
growing demand for energy to keep up with the industrial spurt and
the rampant urbanization has created a huge shortfall, coaxing
several countries to resort to alternative energy options. The
increasing pressure on the world leaders to reduce the carbon
footprint and the deadly amount of greenhouse gasses is also forcing
nations across the globe, especially developing countries to take up
the option of bioenergy seriously. One of the key factors for the
increasing demand for bioenergy is that it is derived from local
feedstocks. To encourage the production of biomass feedstocks,
cultivators and farmers are offered incentives by the governments.
Agriculture-based economies generate huge amounts of agricultural
waste. The instability in the global crude oil prices has caused a
sharp decline in oil trading prices. A systemic demand-supply
imbalance in the global crude oil markets, which has diminished the
popularity of bioethanol, biodiesel, and other alternative renewable
fuels can be attributed to the significant decline in oil price. The
low crude oil prices have expanded the price gap between conventional
fuels and biofuels. EMEA will be the major revenue contributor to the
biomass energy market throughout the forecast period. The strong
infrastructural development and economic growth will drive the growth
of the bioenergy market in the region.
The Bioenergy market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bioenergy.
This report presents the worldwide Bioenergy market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
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Complete TOC With Tables and Figures @
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This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Archer Daniels Midland
BP
Cargill
POET
Royal Dutch Shell
Wilmar International
Bioenergy Breakdown Data by Type
Ethanol
Biodiesel
Hydrocarbon Fuels
Bioenergy Breakdown Data by Application
Transportation
Off-Grid Electricity
Cooking
Bioenergy Production by Region
United States
Europe
China
Japan
Other Regions
Bioenergy Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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