Bioenergy Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global bioenergy market has experienced remarkable growth in recent times, driven by the surge in global awareness and passionate concern for restoring ecological balance and safeguarding the planet for future generations. Bioenergy, powered by organic matter, offers a cleaner, more sustainable alternative to conventional fossil fuel-based power generation methods. As individuals become increasingly environmentally conscious, the power sector is eagerly embracing this paradigm shift, giving priority to cleaner and greener energy sources. This has fueled the soaring demand for bioenergy and positioned the market on a promising growth trajectory.

Paced Demand from Logistics and Transportation Industry Drives Bioenergy Market Growth

Biofuels are gaining prominence as ideal substitutes for petroleum-based products in the logistics and transportation industries. Recognizing their potential in mitigating climate change, biofuels are becoming integral to efforts to shore up fuel security and uphold infrastructure development. Governments worldwide are drafting stringent norms and regulations to curtail the impact of global warming, leading to increased adoption of biofuels to meet emission standards. The growing use of biofuels in the logistics and transportation industries is driving influential growth across the bioenergy market.

Growing Demand for Liquid Biofuels and Solid Biomass Expands Bioenergy Market Possibilities

The bioenergy market is witnessing a notable surge in demand for two key components: liquid biofuels and solid biomass. Liquid biofuels, derived from organic sources like plants and algae, are gaining attention for their potential to reduce greenhouse gas emissions and serve as alternatives to conventional fuels. Simultaneously, solid biomass, encompassing forestry residues, wood fuel, agricultural crop residues, and industrial and municipal waste, is finding versatile applications as a renewable energy source. The accelerated use of solid biomass for energy production is contributing to the expansion of the bioenergy market and opening avenues for further exploration of their potential in sustainable energy.

Europe to Lead Bioenergy Market Fueled by Favourable Government Initiatives

Europe is set to emerge as a prominent player in the bioenergy market, with promising growth anticipated in the next decade. Developed economies in Europe have firmly embraced bioenergy production, driven by their commitment to achieving renewable energy targets. The European Union's integration of bioenergy alternatives into its National Renewable Energy Action Plans (NREAPs) underscores the region's dedication to sustainable energy sources. Germany stands out as a frontrunner among European nations, with ambitious climate targets and supportive government policies serving as catalysts for the remarkable growth of the bioenergy market in Europe.

Dominant Market Players

The global bioenergy market boasts the active participation of several key companies. Notable players include Mitsubishi Heavy Industries Ltd., Orsted A/S, Hitachi Zosen Corporation, BTG Biomass Technology Group, Fortum Oyj, Archer Daniels Midland (ADM), Enviva, Enexor Energy, Lignetics, Enerkem, Green Plains Inc., Drax Group, and MVV Energie AG.

1. Executive Summary

1.1. Global Bioenergy Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
  - 2.2.1.1. Driver A
  - 2.2.1.2. Driver B
  - 2.2.1.3. Driver C
- 2.2.2. Restraints
  - 2.2.2.1. Restraint 1
  - 2.2.2.2. Restraint 2
- 2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. Covid-19 Impact Analysis
- 2.5.1. Pre-Covid and Post-Covid Scenario
- 2.5.2. Supply Impact
- 2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Economic Analysis
2.9. PESTLE

3. Global Bioenergy Market Outlook, 2018 - 2030

3.1. Global Bioenergy Market Outlook, by Product, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 3.1.1. Key Highlights
  - 3.1.1.1. Solid Biomass
  - 3.1.1.2. Biogas
  - 3.1.1.3. Liquid Biofuels
  - 3.1.1.4. Misc.
3.2. Global Bioenergy Market Outlook, by Feedstock, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 3.2.1. Key Highlights
  - 3.2.1.1. Solid Waste
  - 3.2.1.2. Wood & Biomass
  - 3.2.1.3. Agricultural Waste
  - 3.2.1.4. Misc.
3.3. Global Bioenergy Market Outlook, by End-user Type, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 3.3.1. Key Highlights
  - 3.3.1.1. Heat Generation
  - 3.3.1.2. Power Generation
  - 3.3.1.3. Transportation
  - 3.3.1.4. Misc.
- 3.3.2. BPS/Market Attractiveness Analysis
3.4. Global Bioenergy Market Outlook, by Region, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa
- 3.4.2. BPS/Market Attractiveness Analysis

4. North America Bioenergy Market Outlook, 2018 - 2030

4.1. North America Bioenergy Market Outlook, by Product, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 4.1.1. Key Highlights
  - 4.1.1.1. Solid Biomass
  - 4.1.1.2. Biogas
  - 4.1.1.3. Liquid Biofuels
  - 4.1.1.4. Misc.
4.2. North America Bioenergy Market Outlook, by Feedstock, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 4.2.1. Key Highlights
  - 4.2.1.1. Solid Waste
  - 4.2.1.2. Wood & Biomass
  - 4.2.1.3. Agricultural Waste
  - 4.2.1.4. Misc.
4.3. North America Bioenergy Market Outlook, by End-user Type, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 4.3.1. Key Highlights
  - 4.3.1.1. Heat Generation
  - 4.3.1.2. Power Generation
  - 4.3.1.3. Transportation
  - 4.3.1.4. Misc.
4.4. North America Bioenergy Market Outlook, by Country, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S.
  - 4.4.1.2. Canada
- 4.4.2. BPS/Market Attractiveness Analysis

5. Europe Bioenergy Market Outlook, 2018 - 2030

5.1. Europe Bioenergy Market Outlook, by Product, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 5.1.1. Key Highlights
  - 5.1.1.1. Solid Biomass
  - 5.1.1.2. Biogas
  - 5.1.1.3. Liquid Biofuels
  - 5.1.1.4. Misc.
5.2. Europe Bioenergy Market Outlook, by Feedstock, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 5.2.1. Key Highlights
  - 5.2.1.1. Solid Waste
  - 5.2.1.2. Wood & Biomass
  - 5.2.1.3. Agricultural Waste
  - 5.2.1.4. Misc.
5.3. Europe Bioenergy Market Outlook, by End-user Type, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 5.3.1. Key Highlights
  - 5.3.1.1. Heat Generation
  - 5.3.1.2. Power Generation
  - 5.3.1.3. Transportation
  - 5.3.1.4. Misc.
5.4. Europe Bioenergy Market Outlook, by Country, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany
  - 5.4.1.2. France
  - 5.4.1.3. U.K.
  - 5.4.1.4. Italy
  - 5.4.1.5. Spain
  - 5.4.1.6. Russia
  - 5.4.1.7. Rest of Europe
- 5.4.2. BPS/Market Attractiveness Analysis

6. Asia Pacific Bioenergy Market Outlook, 2018 - 2030

6.1. Asia Pacific Bioenergy Market Outlook, by Product, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 6.1.1. Key Highlights
  - 6.1.1.1. Solid Biomass
  - 6.1.1.2. Biogas
  - 6.1.1.3. Liquid Biofuels
  - 6.1.1.4. Misc.
6.2. Asia Pacific Bioenergy Market Outlook, by Feedstock, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 6.2.1. Key Highlights
  - 6.2.1.1. Solid Waste
  - 6.2.1.2. Wood & Biomass
  - 6.2.1.3. Agricultural Waste
  - 6.2.1.4. Misc.
6.3. Asia Pacific Bioenergy Market Outlook, by End-user Type, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 6.3.1. Key Highlights
  - 6.3.1.1. Heat Generation
  - 6.3.1.2. Power Generation
  - 6.3.1.3. Transportation
  - 6.3.1.4. Misc.
6.4. Asia Pacific Bioenergy Market Outlook, by Country, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 6.4.1. Key Highlights
  - 6.4.1.1. China
  - 6.4.1.2. Japan
  - 6.4.1.3. South Korea
  - 6.4.1.4. India
  - 6.4.1.5. Southeast Asia
  - 6.4.1.6. Rest of Asia Pacific
- 6.4.2. BPS/Market Attractiveness Analysis

7. Latin America Bioenergy Market Outlook, 2018 - 2030

7.1. Latin America Bioenergy Market Outlook, by Product, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 7.1.1. Key Highlights
  - 7.1.1.1. Solid Biomass
  - 7.1.1.2. Biogas
  - 7.1.1.3. Liquid Biofuels
  - 7.1.1.4. Misc.
7.2. Latin America Bioenergy Market Outlook, by Feedstock, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 7.2.1. Key Highlights
  - 7.2.1.1. Solid Waste
  - 7.2.1.2. Wood & Biomass
  - 7.2.1.3. Agricultural Waste
  - 7.2.1.4. Misc.
7.3. Latin America Bioenergy Market Outlook, by End-user Type, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 7.3.1. Key Highlights
  - 7.3.1.1. Heat Generation
  - 7.3.1.2. Power Generation
  - 7.3.1.3. Transportation
  - 7.3.1.4. Misc.
7.4. Latin America Bioenergy Market Outlook, by Country, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil
  - 7.4.1.2. Mexico
  - 7.4.1.3. Rest of Latin America
- 7.4.2. BPS/Market Attractiveness Analysis

8. Middle East & Africa Bioenergy Market Outlook, 2018 - 2030

8.1. Middle East & Africa Bioenergy Market Outlook, by Product, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 8.1.1. Key Highlights
  - 8.1.1.1. Solid Biomass
  - 8.1.1.2. Biogas
  - 8.1.1.3. Liquid Biofuels
  - 8.1.1.4. Misc.
8.2. Middle East & Africa Bioenergy Market Outlook, by Feedstock, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 8.2.1. Key Highlights
  - 8.2.1.1. Solid Waste
  - 8.2.1.2. Wood & Biomass
  - 8.2.1.3. Agricultural Waste
  - 8.2.1.4. Misc.
8.3. Middle East & Africa Bioenergy Market Outlook, by End-user Type, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 8.3.1. Key Highlights
  - 8.3.1.1. Heat Generation
  - 8.3.1.2. Power Generation
  - 8.3.1.3. Transportation
  - 8.3.1.4. Misc.
8.4. Middle East & Africa Bioenergy Market Outlook, by Country, Volume (GW) and Value (US$ Mn), 2018 - 2030
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC
  - 8.4.1.2. South Africa
  - 8.4.1.3. Rest of Middle East & Africa
- 8.4.2. BPS/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Market Share Analysis, 2021
9.2. Competitive Dashboard
9.3. Company Profiles
- 9.3.1. ADM
  - 9.3.1.1. Company Overview
  - 9.3.1.2. Product Portfolio
  - 9.3.1.3. Financial Overview
  - 9.3.1.4. Business Strategies and Development
- 9.3.2. A2A Spa
- 9.3.3. Cargill Inc.
- 9.3.4. Enerkem
- 9.3.5. Nature Energy
- 9.3.6. Ørsted A/S
- 9.3.7. VERBIO Vereinigte BioEnergie AG
- 9.3.8. POET LLC
- 9.3.9. The Renewable Energy Group
- 9.3.10. Shell plc
- 9.3.11. Green Plains Inc.
- 9.3.12. Cosan
- 9.3.13. Babcock and Wilcox Enterprises Inc.

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations