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Global Bioenergy Market to reach USD XX billion by 2027

Global Bioenergy Market Size study, By Type (Solid Biomass, Biogas, Renewable Waste, and Others), By Technology (Gasification, Fast Pyrolysis, Fermentation, and Others) and Regional Forecasts 2021-2027

Product Code: EPRE-58324314
Publish Date: 25-02-2022
Page: 200

Global Bioenergy Market is valued at approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.82 % over the forecast period 2021-2027. Bioenergy is a form of renewable energy derived from living organic materials. It is used to produce transportation fuels, electricity, and heat. The increasing demand for renewable energies has led to the adoption of Bioenergy across the forecast period. For Instance: according to International Energy Agency in 2020, the demand and adoption of renewable energy sources is increasing rapidly such as bioenergy, solar energy, and wind energy etc. In Q1 2020 use of renewable energy in various sectors has increased by 1.5 % globally. Renewable electricity generation increased by 3%. Rising advancements in bioenergy conversion technologies enhance the growth of the bioenergy market. Also, with the increasing government focus and investment towards bioenergy sources., the adoption & demand for Bioenergy is likely to increase the market growth during the forecast period. However, threat of substitutes impedes the growth of the market over the forecast period of 2021-2027.

The geographical regions considered for the global Bioenergy Market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe has gained the highest share in the bioenergy market and is considered the leading region across the world in terms of huge market revenue due to the presence of huge consumer base and key players, increasing R&D activities towards bioenergy and huge investment towards renewable energy sources. Asia pacific is also estimated to attain a maximum growth rate during 2021-2027 due to supporting factors such as increasing public awareness and government focus on renewable energy sources

Major market players included in this report are:
Mitsubishi Heavy Industries Ltd
MVV Energie AG
Hitachi Zosen Corp
BTG Biomass Technology Group
Babcock & Wilcox Volund A/S
Biomass Engineering Ltd
Orsted A/S
Fortum Oyj

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Solid Biomass
Renewable Waste
By Technology:
Fast Pyrolysis
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Bioenergy Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Global Bioenergy Market, by Region, 2019-2027 (USD Billion)
1.2.2. Global Bioenergy Market, by Type, 2019-2027 (USD Billion)
1.2.3. Global Bioenergy Market, by Technology, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Bioenergy Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Bioenergy Market Dynamics
3.1. Bioenergy Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increasing demand for renewable energies Rising advancements in bioenergy conversions technologies
3.1.2. Market Challenges Threat of substitutes
3.1.3. Market Opportunities Increasing government focus and investment towards bioenergy sources
Chapter 4. Global Bioenergy Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Bioenergy Market, by Type
6.1. Market Snapshot
6.2. Global Bioenergy Market by Type, Performance – Potential Analysis
6.3. Global Bioenergy Market Estimates & Forecasts by Type, 2018-2027 (USD Billion)
6.4. Bioenergy Market, Sub Segment Analysis
6.4.1. Solid Biomass
6.4.2. Biogas
6.4.3. Renewable Waste
6.4.4. Others
Chapter 7. Global Bioenergy Market, by Technology
7.1. Market Snapshot
7.2. Global Bioenergy Market by Technology, Performance – Potential Analysis
7.3. Global Bioenergy Market Estimates & Forecasts by Technology, 2018-2027 (USD Billion)
7.4. Bioenergy Market, Sub Segment Analysis
7.4.1. Gasification
7.4.2. Fast Pyrolysis
7.4.3. Fermentation
7.4.4. Others
Chapter 8. Global Bioenergy Market, Regional Analysis
8.1. Bioenergy Market, Regional Market Snapshot
8.2. North America Bioenergy Market
8.2.1. U.S. Bioenergy Market Type breakdown estimates & forecasts, 2018-2027 Technology breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Bioenergy Market
8.3. Europe Bioenergy Market Snapshot
8.3.1. U.K. Bioenergy Market
8.3.2. Germany Bioenergy Market
8.3.3. France Bioenergy Market
8.3.4. Spain Bioenergy Market
8.3.5. Italy Bioenergy Market
8.3.6. Rest of Europe Bioenergy Market
8.4. Asia-Pacific Bioenergy Market Snapshot
8.4.1. China Bioenergy Market
8.4.2. India Bioenergy Market
8.4.3. Japan Bioenergy Market
8.4.4. Australia Bioenergy Market
8.4.5. South Korea Bioenergy Market
8.4.6. Rest of Asia Pacific Bioenergy Market
8.5. Latin America Bioenergy Market Snapshot
8.5.1. Brazil Bioenergy Market
8.5.2. Mexico Bioenergy Market
8.6. Rest of The World Bioenergy Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Mitsubishi Heavy Industries Ltd Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. MVV Energie AG
9.2.3. A2A SpA
9.2.4. Hitachi Zosen Corp
9.2.5. BTG Biomass Technology Group
9.2.6. Babcock & Wilcox Volund A/S
9.2.7. Biomass Engineering Ltd
9.2.8. Orsted A/S
9.2.9. Enerkem
9.2.10. Fortum Oyj
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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