Biomass- and Waste-to-Energy Market Outlook and Forecast from 2024 to 2031

The "Biomass- and Waste-to-Energy Market" Insights report offers an in-depth and thorough analysis of the market, covering aspects such as size, shares, revenues, segments, drivers, trends, growth, and development. Additionally, it identifies factors that may limit growth and examines regional industrial presence that could influence market trends beyond 2031.

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Biomass- and Waste-to-Energy Market Report Outline, Market Statistics, and Growth Opportunities

The Biomass- and Waste-to-Energy market is experiencing significant growth, projected to expand at a compound annual growth rate (CAGR) of % from 2024 to 2031, driven by increasing energy demands, rising awareness of renewable energy sources, and stringent government regulations regarding waste management and carbon emissions. The market is characterized by diverse biomass feedstocks, including agricultural residues, forestry by-products, and municipal solid waste, contributing to sustainable energy solutions and reducing landfill burdens. However, challenges such as high initial investment costs, technology limitations, and competition from other renewable energy sources may hinder market progress. Additionally, variable biomass supply and regulatory changes present uncertainties that players must navigate. Nonetheless, opportunities abound in technological advancements like anaerobic digestion and gasification, alongside growing investments in research and development to enhance efficiency and reduce emissions. The integration of biomass into energy systems offers substantial potential for job creation and rural economic development. As global energy consumption continues to shift towards sustainable sources, the Biomass- and Waste-to-Energy market holds promise for innovative growth and profitability, aligning with the overarching goals of energy transition and environmental sustainability.

Key Companies & Market Share Insights

• Covanta Holding Corporation
• Hitachi Zosen Corporation
• KEPPEL SEGHERS Pte., Ltd.
• Mitsubishi Heavy Industries Ltd.
• Veolia Environnement SA
• Waste Management, Inc.
• Xcel Energy, Inc.
• Wheelabrator Technologies Inc
• Suez
• Babcock & Wilcox Enterprises, Inc.
• China Everbright International Limited
• Ramboll Group A/S
• Abu Dhabi National Energy Company PJSC

The biomass and waste-to-energy market is supported by key players that focus on transforming waste materials into renewable energy, thus promoting sustainability and reducing landfill usage. Covanta Holding Corporation and Waste Management, Inc. are leaders in waste management and energy recovery, utilizing advanced technologies to convert solid waste into energy efficiently. Hitachi Zosen Corporation and Mitsubishi Heavy Industries Ltd. offer cutting-edge technologies in thermal treatment processes, enhancing energy recovery from biomass and waste.

Veolia Environnement SA and Suez provide comprehensive waste management solutions that include energy recovery services, contributing to the circular economy. Companies like Xcel Energy, Inc. and Wheelabrator Technologies Inc. focus on integrating biomass energy solutions with existing power grids. Babcock & Wilcox Enterprises, Inc. and China Everbright International Limited enhance market capacity through innovative energy generation technologies.

As of recent reports, Veolia reported sales of around €27 billion, while Waste Management, Inc. had sales exceeding $15 billion, showcasing the substantial financial potential in this sector. These companies, through their investments in technology and infrastructure, play a crucial role in expanding the biomass- and waste-to-energy market, driving growth and fostering environmental benefits.

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Biomass- and Waste-to-Energy Regional Synopsis

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The biomass and waste-to-energy market is witnessing substantial growth across various regions, with North America (approximately 30% market share) driven by advanced technologies and supportive policies. Europe, particularly Germany and the . (around 35% share), leads in innovative energy solutions and sustainability initiatives. In the Asia-Pacific, China and India (estimated 25% share) are expanding rapidly due to urbanization and energy demand. Latin America, particularly Brazil and Mexico (about 5% share), is leveraging biomass for energy amidst renewable commitments. The Middle East and Africa, with emerging investments in Saudi Arabia and the UAE (around 5% share), are positioned for growth through diversification of energy sources.

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Market Segmentation Analysis 2024 - 2031

The Biomass- and Waste-to-Energy market types encompass thermal, biological, and other technologies. Thermal technologies involve converting biomass and waste into energy through combustion, gasification, or pyrolysis. Biological methods harness microorganisms to break down organic materials, producing biogas or biofuels. Other technologies may include advanced conversion processes that enhance energy extraction efficiency, showcasing diverse approaches to sustainable energy production from organic resources.

In terms of applications, the Biomass- and Waste-to-Energy market is primarily focused on power plants, heating plants, and other applications. Power plants convert biomass and waste into electricity, while heating plants utilize these resources to generate thermal energy for residential or industrial heating. Other applications may include combined heat and power systems, contributing to a sustainable and versatile energy landscape that addresses waste management and reduces reliance on fossil fuels.

In terms of Product Type, the Biomass- and Waste-to-Energy market is segmented into:

• Thermal
• Biological
• Other Technologies

In terms of Product Application, the Biomass- and Waste-to-Energy market is segmented into:

• Power Plant
• Heating Plant
• Other

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This market Research/Analysis Report Contains Answers to the Following Questions

• What are the global trends in the Biomass- and Waste-to-Energy market? 


• What is the estimated demand for different types of products in Biomass- and Waste-to-Energy? 


• What are the upcoming industry applications and trends for the Biomass- and Waste-to-Energy market? 


• What are the projections of the global Biomass- and Waste-to-Energy industry considering capacity, production, and production value? 


• What factors contribute to the final price of Biomass- and Waste-to-Energy? 


• How big is the opportunity for the Biomass- and Waste-to-Energy market? 


• How much is the global Biomass- and Waste-to-Energy market worth? 


• Who are the major players operating in the Biomass- and Waste-to-Energy market?


• Which recent industry trends can be implemented to generate additional revenue streams? 


• What should be entry strategies, countermeasures to economic impact, and marketing channels for the Biomass- and Waste-to-Energy industry? 

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