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Bioenergy Market Share, Latest Industry Trends, Statistics, Competition Strategies and Latest Industry Share by 2027

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Jan 15, 2021 (The Expresswire) —
Fortune Business Insights offers a detailed overview of the global market in a report, titledThe globalbioenergy marketsize is projected to reach USD 642.71 billion by 2027, exhibiting a CAGR of 8.0% during the forecast period. Deepening commitment to the 2015 Paris Climate Change Agreement will be a critical factor augmenting the growth of this market, shares Fortune Business Insights™ in its report, titled “Bioenergy Market Share, Size and COVID-19 Impact Analysis By Product Type (Solid Biomass, Liquid Biofuel, Biogas, and Others), By Feedstock (Agricultural Waste, Wood and Woody Biomass, Solid Waste and Others), By Application (Power Generation, Heat Generation, Transportation, and Others), and Regional Forecast, 2020-2027”. The Paris Agreement was a landmark moment in the fight against climate change as it contained actionable commitments by the top emission countries.

As per the report findings, the global market value stood at USD 116.00 billion in 2019. The report also contains the following:

  • Piecemeal study of allBioenergy Market segments and their performance;

  • Actionable research into the upcoming market opportunities;

  • Critical insights into the factors driving and restraining the market growth; and

  • Detailed examination of the regional dynamics and competitive landscape of the market.

Get sample copy at –https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/103296

List of Key Players for Bioenergy Market

  • Enexor Energy (U.S.)

  • Lignetics (U.S.)

  • Green Plains Inc. (U.S.)

  • Enviva (U.S.)

  • Enerkem (Canada)

  • POET (U.S.)

  • Drax Group (U.S.)

  • Pacific BioEnergy Corp (Canada)

  • EnviTec Biogas AG (Germany)

  • MVV Energie AG (Germany)

  • Ameresco, Inc. (U.S.)

  • ADM (U.S.)

Market Driver

Rapid Depletion of Fossil Fuels to Accelerate the Bioenergy Market Growth

The world overly dependent on fossil fuels to satisfy its energy demands. For example, in the US, fossil fuels accounted for 81.5% of the total energy consumption. Excessive reliance on exhaustible energy sources is causing their depletion rate to overtake their replenishment rate. The US Energy Information Administration (EIA) estimates that the current global stock of crude oil will be adequate to meet world’s oil demand till 2050. A report published by the Millennium Alliance for Humanity and the Biosphere (MAHB) states that coal will run out in 70 years, gas will be over in 40 years, and oil will be gone in the next 30 years. These stark projections are reinforcing the need for the global society to develop and actively embrace bioenergy sources and reduce dependence on conventional energy.

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Major Segments for Bioenergy Market

By Type

  • Solid Biomass

  • Liquid Biofuel

  • Biogas

  • Others

By Feedstock

  • Agricultural Waste

  • Wood and woody Biomass

  • Solid Waste

  • Others

By Application

  • Power Generation

  • Heat Generation

  • Transportation

  • Others

By RegionBioenergy Market

  • North America (U.S., Canada)

  • Europe (UK, Germany, France, Italy, Sweden, Spain, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • The Middle East and Africa (Nigeria, GCC, and Rest of the Middle East and Africa)

  • Latin America (Brazil, Argentina, and Rest of Latin America)

Regional Insights

Concerted Efforts to Reduce Carbon Emissions to Boost the Market in Asia Pacific

Booming economies of Asia Pacific, mainly India and China, who are also two of the largest emitters in the world, are taking decisive policy measures to curb emissions. In developed economies such as Japan, use of wood as biofuel is rising, increasing bio energy consumption in the region. These factors enabled Asia Pacific to create a market for bio energy with a size of USD 96.76 billion in 2019.

Countries in the European Union (EU) are actively adopting bio-energy as these energy sources are expected to speed up the EU’s shift towards renewables in the coming decade. North America, being one of the largest producers of liquid biofuels, is steadily fastening its hold on the bioenergy market share backed by significant increases in ethanol production in the US.

Have Queries? Speak to Our Analyst at –https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/103296

Table of Contents Bioenergy Market:

6 Global Bioenergy Market Analysis (USD Billion), Insights and Forecast, 2016-2027

6.1 Key Findings / Summary

6.2 Market Analysis, Insights and Forecast By Product Type

  • Solid Biomass

  • Liquid Biofuels

  • Biogas

  • Others

6.3 Market Analysis, Insights and Forecast By Feedstock

  • Agricultural Waste

  • Wood and Woody Biomass

  • Solid Waste

  • Others

6.4 Market Analysis, Insights and Forecast By Application

  • Power Generation

  • Heat Generation

  • Transportation

  • Others

6.5 Market Analysis, Insights and Forecast By Region

  • North America

  • Europe

  • Asia Pacific

  • Middle East and Africa

  • Latin America

7 North America Bioenergy Market Analysis (USD Billion), Insights and Forecast, 2016-2027

7.1 Key Findings / Summary

7.2 Market Analysis, Insights and Forecast By Product Type

  • Solid Biomass

  • Liquid Biofuels

  • Biogas

  • Others

7.3 Market Analysis, Insights and Forecast By Feedstock

  • Agricultural Waste

  • Wood and Woody Biomass

  • Solid Waste

  • Others

7.4 Market Analysis, Insights and Forecast By Application

  • Power Generation

  • Heat Generation

  • Transportation

  • Others

7.5 Market Analysis, Insights and Forecast By Country

8 Europe Bioenergy Market Analysis (USD Billion), Insights and Forecast, 2016-2027

8.1 Key Findings / Summary

8.2 Market Analysis, Insights and Forecast By Product Type

  • Solid Biomass

  • Liquid Biofuels

  • Biogas

  • Others

8.3 Market Analysis, Insights and Forecast By Feedstock

  • Agricultural Waste

  • Wood and Woody Biomass

  • Solid Waste

  • Others

8.4 Market Analysis, Insights and Forecast By Application

  • Power Generation

  • Heat Generation

  • Transportation

  • Others

8.5 Market Analysis, Insights and Forecast By Country

  • Germany

  • K.

  • France

  • Sweden

  • Italy

  • Spain

  • Rest of Europe

TOC Continued….!

Competitive Landscape

Widening Geographic Presence of Companies to Characterize Market Competition

With strengthening global commitment towards bio-based energy, key players in this market are exploring new avenues to expand their regional and global presence. Companies are also taking advantage of incentives offered governments for renewable energy projects to consolidate their position in the Bioenergy Market.

Industry Developments:

  • April 2020:Ductor, the Finnish-Swiss bioenergy company, announced the building of three biofertilizer-biogas plants in Poland’s Zachodniopomorskie region. Using poultry waste, the plants will produce renewable energy and organic nitrogen fertilizer, enhancing Poland’s shift towards circular economy.

  • February 2020:San Francisco-based Brightmark expanded its dairy biogas project in Western New York under its “Yellowjacket” project. Partnering with six farms, the company will extract methane from dairy manure every day and produce renewable natural gas.

Quick Buy – Bioenergy Market:

https://www.fortunebusinessinsights.com/checkout-page/103296

Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Bioenergy Market.

  • Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the Bioenergy Market

  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the Bioenergy Market

  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Bioenergy Market

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About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:

Name: Ashwin Arora

Email:[email protected]

Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

Press Release Distributed by The Express Wire

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COMTEX_377703481/2598/2021-01-15T03:36:53

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