Global Bio Power Market Forecast to 2030

The Bio Power Market industry is projected to develop from USD 96,680.49 million of every 2023 to USD 1,42,703.07 million by 2030, displaying a build yearly development rate (CAGR) of 5.72% during the forecast time frame. Bio power is an inexhaustible wellspring of energy which is gotten from biological sources, for example, biofuels, biomass, and natural waste. Bio power is an essential part of the bioenergy area, assuming a critical part in the generation of sustainable power from natural materials.

This cycle adds to manageable energy creation and offers a harmless to the ecosystem option in contrast to customary petroleum derivatives. Different innovations are utilized to produce bio power from biomass, including direct ignition, anaerobic assimilation, landfill gas recuperation, and warm gasification. These strategies empower the generation of electricity from natural materials, for example, horticultural deposits, forestry squander, energy harvests, and natural metropolitan waste.

Bio power advancements influence strong biomass, fluid biofuels, civil waste, modern waste, and biogas as natural substances to create bio energy. Strong biomass, got from plant - based squander, are combusted to create power, taking care of private, business, and modern energy needs. Fluid biofuels, including biodiesel and other fluid-based biomass, are used as power hotspots for electricity generation, while biogas fills in as an important asset for power creation. The incorporation of bio power into the bio energy scene not just works with the decrease of ozone depleting substance emanations yet in addition adds to energy security and enhancement. By taking advantage of the capability of biomass assets, bio power assumes an essential part in the change towards a more reasonable and eco-accommodating energy blend, offering a sustainable and dependable wellspring of power for different applications.

Market Segmentation

The market for biopower has been divided into five categories based on technology: landfill gas, anaerobic digestion, pyrolysis, cofiring & gasification, direct combustion, and pyrolysis. The direct combustion segment held the highest revenue share of 53.98% in the global market in 2022 and is expected to maintain its dominance in the biopower market revenue during the forecast period.

The Bio Power Market is divided into three segments based on the kind of plant: residential, commercial, and industrial. With the biggest market revenue share of 35.78% in 2022, the industrial segment led the Bio Power Market and is expected to continue leading the Bio Power Market revenue through the anticipated time.

Regional Insights

The biopower market in Asia Pacific is anticipated to generate a substantial revenue share over the course of the forecast period, having reached its peak market share of 43.10% in 2022.

The Asia Pacific region's biopower industry has grown significantly because of rising demand for greener energy sources and growing environmental sustainability consciousness. Regional governments are aggressively pushing bioenergy initiatives and creating a welcoming regulatory climate. The increasing need for energy security and technological improvements have led to a boom in investments in biomass and biogas technologies. The Asia Pacific biopower market is positioned as a strong and rising industry that significantly contributes to the region's sustainable energy transition thanks to a dynamic combination of supportive policies, technological innovation, and a growing dedication to green energy solutions.

Major Players

Key Companies in the Bio Power Market include Drax Group, BP PLC, Leo Group, Statkraft AS, Orsted A/S, Afry AB, Thachang Green Energy Public Company Limited, Oulun Energia, Hyogo Pulp Co., Ltd., and Erex Group.

Product Code: MRFR/E&P/0983-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL BIO POWER MARKET, BY TECHNOLOGY
- 1.1.2 GLOBAL BIO POWER MARKET, BY END-USER
- 1.1.3 GLOBAL BIO POWER MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 RISING NEED TO CONTROL THE GREENHOUSE GAS EMISSIONS
- 4.2.2 DEPLETION OF ENERGY RESOURCES
4.3 RESTRAINTS
- 4.3.1 COST INTENSIVE BIO POWER PLANT SETUP WITH BIOMASS FEEDSTOCK AND SUPPLY CHAIN COMPLEXITIES
4.4 OPPORTUNITY
- 4.4.1 SURGING FAVORABLE REGULATIONS AND INITIATIVES BY GOVERNMENT AND MAJOR MARKET PLAYERS
4.5 IMPACT ANALYSIS OF COVID-19
- 4.5.1 IMPACT ON BIO POWER MARKET
- 4.5.2 IMPACT ON SUPPLY CHAIN OF BIO POWER
  - 4.5.2.1 PRICE VARIATION OF KEY RAW MATERIALS
  - 4.5.2.2 PRODUCTION SHUTDOWN
  - 4.5.2.3 CASH FLOW CONSTRAINTS
  - 4.5.2.4 IMPACT ON IMPORT/EXPORT
- 4.5.3 IMPACT ON MARKET DEMAND OF BIO POWER
  - 4.5.3.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
  - 4.5.3.2 CONSUMER SENTIMENTS
- 4.5.4 IMPACT ON PRICING OF BIO POWER

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS.
- 5.1.1 RESEARCH & DEVELOPMENT
- 5.1.2 RAW MATERIAL SUPPLY
- 5.1.3 MANUFACTURER & ASSEMBLY
- 5.1.4 SALES & DISTRIBUTION
- 5.1.5 END USERS
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY

6 GLOBAL BIO POWER MARKET, BY TECHNOLOGY

6.1 INTRODUCTION
6.2 DIRECT COMBUSTION:
6.3 COFIRING & GASIFICATION
6.4 ANAEROBIC DIGESTION
6.5 PYROLYSIS
6.6 LANDFILL GAS

7 GLOBAL BIO POWER MARKET, BY END-USERR

7.1 INTRODUCTION
7.2 INDUSTRIAL
7.3 COMMERCIAL
7.4 RESIDENTIAL

8 GLOBAL BIO POWER MARKET, BY REGION

8.1 OVERVIEW
8.2 NORTH AMERICA
- 8.2.1 US
- 8.2.2 CANADA
- 8.2.3 MEXICO
8.3 EUROPE
- 8.3.1 GERMANY
- 8.3.2 FRANCE
- 8.3.3 UK
- 8.3.4 ITALY
- 8.3.5 SPAIN
- 8.3.6 RUSSIA
- 8.3.7 REST OF EUROPE
8.4 ASIA-PACIFIC
- 8.4.1 CHINA
- 8.4.2 INDIA
- 8.4.3 JAPAN
- 8.4.4 SOUTH KOREA
- 8.4.5 AUSTRALIA
- 8.4.6 NEW ZEALAND
- 8.4.7 REST OF ASIA-PACIFIC
8.5 SOUTH AMERICA
- 8.5.1 BRAZIL
- 8.5.2 ARGENTINA
- 8.5.3 REST OF SOUTH AMERICA
8.6 MIDDLE EAST & AFRICA
- 8.6.1 SAUDI ARABIA
- 8.6.2 UAE
- 8.6.3 SOUTH AFRICA
- 8.6.4 NIGERIA
- 8.6.5 REST OF MIDDLE EAST & AFRICA
9.2 COMPETITIVE BENCHMARKING
9.3 MARKET SHARE ANALYSIS, 80
9.4 THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN GLOBAL BIO POWER MARKET
- 9.5.1 MERGER & ACQUISITION
- 9.5.2 EXPANSION & INVESTMENT

10 COMPANY PROFILES

10.1 DRAX
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 PRODUCTS OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGIES
10.2 BP P.L.C.
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 PRODUCT OFFERED
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 KEY STRATEGIES
10.3 LEO GROUP LTD
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 PRODUCTS/ SERVICES OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 KEY STRATEGIES
10.4 STATKRAFT
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 PRODUCTS OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 SWOT ANALYSIS
- 10.4.6 KEY STRATEGIES
10.5 ORSTED A/S
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 PRODUCTS OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 KEY STRATEGIES
10.6 AFRY AB
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 PRODUCTS OFFERED
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 SWOT ANALYSIS
- 10.6.6 KEY STRATEGIES
10.7 THACHANG GREEN ENERGY PUBLIC COMPANY LIMITED
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 PRODUCTS OFFERED
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 SWOT ANALYSIS
- 10.7.6 KEY STRATEGIES
10.8 OULUN ENERGIA OY
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 PRODUCTS OFFERED
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 SWOT ANALYSIS
- 10.8.6 KEY STRATEGIES
10.9 HYOGO PULP CO., LTD.
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 PRODUCTS OFFERED
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 SWOT ANALYSIS
- 10.9.6 KEY STRATEGIES
10.10 EREX CO., LTD
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 PRODUCTS OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 SWOT ANALYSIS
- 10.10.6 KEY STRATEGIES

Product Code: MRFR/E&P/0983-CR

LIST OF TABLES

TABLE 1 MARKET SYNOPSIS
TABLE 2 GLOBAL BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 3 GLOBAL BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 4 GLOBAL BIO POWER MARKET, BY REGION, 2019-2030 (USD MILLION)
TABLE 5 NORTH AMERICA: BIO POWER MARKET, BY COUNTRY, 2019-2030 (USD MILLION)
TABLE 6 NORTH AMERICA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 7 NORTH AMERICA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 8 US: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 9 US: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 10 CANADA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 11 CANADA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 12 MEXICO: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 13 MEXICO: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 14 EUROPE: BIO POWER MARKET, BY COUNTRY, 2019-2030 (USD MILLION)
TABLE 15 EUROPE: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 16 EUROPE: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 17 GERMANY: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 18 GERMANY: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 19 FRANCE: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 20 FRANCE: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 21 UK: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 22 UK: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 23 ITALY: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 24 ITALY: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 25 SPAIN: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 26 SPAIN: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 27 RUSSIA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 28 RUSSIA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 29 REST OF EUROPE : BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 30 REST OF EUROPE : BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 31 ASIA-PACIFIC: BIO POWER MARKET, BY COUNTRY, 2019-2030 (USD MILLION)
TABLE 32 ASIA-PACIFIC: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 33 ASIA-PACIFIC: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 34 CHINA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 35 CHINA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 36 INDIA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 37 INDIA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 38 JAPAN: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 39 JAPAN: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 40 SOUTH KOREA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 41 SOUTH KOREA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 42 AUSTRALIA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 43 AUSTRALIA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 44 NEW ZEALAND: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 45 NEW ZEALAND: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 46 REST OF ASIA-PACIFIC : BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 47 REST OF ASIA-PACIFIC : BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 48 SOUTH AMERICA: BIO POWER MARKET, BY COUNTRY, 2019-2030 (USD MILLION)
TABLE 49 SOUTH AMERICA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 50 SOUTH AMERICA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 51 BRAZIL: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 52 BRAZIL: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 53 ARGENTINA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 54 ARGENTINA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 55 REST OF SOUTH AMERICA : BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 56 REST OF SOUTH AMERICA : BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 57 MIDDLE EAST & AFRICA: BIO POWER MARKET, BY COUNTRY, 2019-2030 (USD MILLION)
TABLE 58 MIDDLE EAST & AFRICA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 59 MIDDLE EAST & AFRICA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 60 SAUDI ARABIA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 61 SAUDI ARABIA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 62 UAE: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 63 UAE: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 64 SOUTH AFRICA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 65 SOUTH AFRICA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 66 NIGERIA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 67 NIGERIA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 68 REST OF MIDDLE EAST & AFRICA: BIO POWER MARKET, BY TECHNOLOGY, 2019-2030 (USD MILLION)
TABLE 69 REST OF MIDDLE EAST & AFRICA: BIO POWER MARKET, BY END-USERR, 2019-2030 (USD MILLION)
TABLE 70 THE MOST ACTIVE PLAYER IN THE GLOBAL BIO POWER MARKET
TABLE 71 MERGER & ACQUISITION
TABLE 72 EXPANSION & INVESTEMNT
TABLE 73 DRAX: PRODUCTS OFFERED
TABLE 74 DRAX: KEY DEVELOPMENTS
TABLE 75 BP P.L.C.: PRODUCTS OFFERED
TABLE 76 LEO GROUP LTD: PRODUCTS OFFERED
TABLE 77 STATKRAFT: PRODUCTS/SERVICES OFFERED
TABLE 78 ORSTED A/S: PRODUCTS OFFERED
TABLE 79 AFRY AB: PRODUCTS OFFERED
TABLE 80 THACHANG GREEN ENERGY PUBLIC COMPANY LIMITED: PRODUCTS OFFERED
TABLE 81 OULUN ENERGIA OY: PRODUCTS OFFERED
TABLE 82 HYOGO PULP CO., LTD.: PRODUCTS OFFERED
TABLE 83 EREX CO., LTD.: PRODUCTS OFFERED

LIST OF FIGURES

FIGURE 1 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL BIO POWER MARKET, 2022
FIGURE 2 GLOBAL BIO POWER MARKET BY TECHNOLOGY
FIGURE 3 GLOBAL BIO POWER MARKET BY END-USER
FIGURE 4 GLOBAL BIO POWER MARKET BY REGION
FIGURE 1 GLOBAL BIO POWER MARKET: STRUCTURE
FIGURE 2 BOTTOM-UP AND TOP-DOWN APPROACHES
FIGURE 3 MARKET DYNAMIC ANALYSIS OF THE GLOBAL BIO POWER MARKET
FIGURE 4 TOTAL U.S. GREENHOUSE GAS EMISSIONS (2021)
FIGURE 5 WORLD CRUDE OIL RESERVE IN 2022 (BILLION BARRELS)
FIGURE 6 DRIVER IMPACT ANALYSIS
FIGURE 7 RESTRAINT IMPACT ANALYSIS
FIGURE 8 SUPPLY CHAIN ANALYSIS: GLOBAL BIO POWER MARKET
FIGURE 9 PORTER'S FIVE FORCES MODEL: GLOBAL BIO POWER MARKET
FIGURE 10 GLOBAL BIO POWER MARKET, BY TECHNOLOGY, 2022 (% SHARE)
FIGURE 11 GLOBAL BIO POWER MARKET, BY END-USERR, 2021 (% SHARE)
FIGURE 12 GLOBAL BIO POWER MARKET, BY REGION, 2019-2030 (USD MILLION)
FIGURE 13 BENCHMARKING OF MAJOR COMPETITORS
FIGURE 14 GLOBAL BIO POWER MAJOR PLAYERS MARKET SHARE ANALYSIS, 2022(%)
FIGURE 15 DRAX: SWOT ANALYSIS
FIGURE 16 BP P.L.C.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 17 BP P.L.C.: SWOT ANALYSIS
FIGURE 18 LEO GROUP LTD: SWOT ANALYSIS
FIGURE 19 STATKRAFT: SWOT ANALYSIS
FIGURE 20 ORSTED A/S: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 21 ORSTED A/S: SWOT ANALYSIS
FIGURE 22 AFRY AB: SWOT ANALYSIS
FIGURE 23 THACHANG GREEN ENERGY PUBLIC COMPANY LIMITED: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 24 THACHANG GREEN ENERGY PUBLIC COMPANY LIMITED: SWOT ANALYSIS
FIGURE 25 OULUN ENERGIA OY: SWOT ANALYSIS
FIGURE 26 HYOGO PULP CO., LTD.: SWOT ANALYSIS
FIGURE 27 EREX CO., LTD.: SWOT ANALYSIS