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Bioenergy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 141 pages | ID: B8487400C601EN
IMARC Group

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The global bioenergy market size reached 144.4 GW in 2022. Looking forward, IMARC Group expects the market to reach 228.1 GW by 2028, exhibiting a growth rate (CAGR) of 7.75% during 2023-2028.

Bioenergy is a form of renewable energy that is generated from organic matter, such as biomass, biogas, and biofuel. It is widely used to produce heat, fuel for transportation, electricity, and for heating and cooking applications. It is usually obtained from natural processes and sources, such as wind and sunlight. Bioenergy is eco-friendly as it is produced from feedstock, including solid waste, agricultural waste, and liquid biofuels. As compared to conventional energy sources, biofuels offer better energy reliability, reduced landfills, improved biodegradability, minimized carbon footprint and enhanced air quality. It can also be replenished over relatively shorter durations, thereby reducing the energy bills and reliance on fossil fuels.

Bioenergy Market Trends:
The rising prevalence of global warming due to growing industrial activities across the globe is creating a positive outlook for the market. Consumers are focusing on sustainable development by using bio-based fuels for power generation and biomass for developing low cost and energy effect construction materials. In line with this, the increasing environmental consciousness among the masses regarding the adverse effects of pollution and greenhouse gas (GHG) emission is also favoring the market growth. Moreover, various technological advancements, such as the integration of artificial intelligence (AI) and machine learning (ML) with connected devices for optimizing energy usage, balancing electricity supply and predicting the performance of biomass conversion, are providing an impetus to the market growth. Additionally, the increasing product demand to reduce air pollution and emission of GHG due to the rising instances of respiratory diseases, such as pulmonary fibrosis, asthma and lung cancer, is augmenting the market growth. Other factors, including the increasing demand for biomass-based electricity generation and the implementation of various government initiatives to promote the adoption of renewable energy sources, are anticipated to drive the market further toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bioenergy market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, feedstock and application.

Breakup by Product Type:

Solid Biomass
Liquid Biofuel
Biogas
Others

Breakup by Feedstock:

Agricultural Waste
Wood Waste
Solid Waste
Others

Breakup by Application:

Power Generation
Heat Generation
Transportation
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer-Daniels-Midland Company, Babcock & Wilcox Enterprises Inc., Bunge limited, EnviTec Biogas AG, Fortum Oyj, Hitachi Zosen Corporation, Mitsubishi Heavy Industries Ltd., MVV Energie AG, ?rsted A/S, Pacific BioEnergy and POET LLC.

Key Questions Answered in This Report
1. What was the size of the global bioenergy market in 2022?
2. What is the expected growth rate of the global bioenergy market during 2023-2028?
3. What are the key factors driving the global bioenergy market?
4. What has been the impact of COVID-19 on the global bioenergy market?
5. What is the breakup of the global bioenergy market based on the product type?
6. What is the breakup of the global bioenergy market based on the feedstock?
7. What is the breakup of the global bioenergy market based on the application?
8. What are the key regions in the global bioenergy market?
9. Who are the key players/companies in the global bioenergy market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL BIOENERGY MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT TYPE

6.1 Solid Biomass
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Liquid Biofuel
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Biogas
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Others
  6.4.1 Market Trends
  6.4.2 Market Forecast

7 MARKET BREAKUP BY FEEDSTOCK

7.1 Agricultural Waste
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Wood Waste
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Solid Waste
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Others
  7.4.1 Market Trends
  7.4.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Power Generation
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Heat Generation
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Transportation
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Others
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Archer-Daniels-Midland Company
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
    14.3.1.4 SWOT Analysis
  14.3.2 Babcock & Wilcox Enterprises Inc.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
  14.3.3 Bunge limited
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 EnviTec Biogas AG
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5 Fortum Oyj
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
    14.3.5.4 SWOT Analysis
  14.3.6 Hitachi Zosen Corporation
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
    14.3.6.4 SWOT Analysis
  14.3.7 Mitsubishi Heavy Industries Ltd.
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
    14.3.7.4 SWOT Analysis
  14.3.8 MVV Energie AG
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9 ?rsted A/S
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 Financials
    14.3.9.4 SWOT Analysis
  14.3.10 Pacific BioEnergy
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
  14.3.11 POET LLC
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Bioenergy Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Bioenergy Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Bioenergy Market Forecast: Breakup by Feedstock (in Million US$), 2023-2028
Table 4: Global: Bioenergy Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Bioenergy Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Bioenergy Market: Competitive Structure
Table 7: Global: Bioenergy Market: Key Players

LIST OF FIGURES

Figure 1: Global: Bioenergy Market: Major Drivers and Challenges
Figure 2: Global: Bioenergy Market: Volume Trends (in GW), 2017-2022
Figure 3: Global: Bioenergy Market Forecast: Volume Trends (in GW), 2023-2028
Figure 4: Global: Bioenergy Market: Value Trends (in Billion US$), 2017-2022
Figure 5: Global: Bioenergy Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 6: Global: Bioenergy Market: Breakup by Product Type (in %), 2022
Figure 7: Global: Bioenergy Market: Breakup by Feedstock (in %), 2022
Figure 8: Global: Bioenergy Market: Breakup by Application (in %), 2022
Figure 9: Global: Bioenergy Market: Breakup by Region (in %), 2022
Figure 10: Global: Bioenergy (Solid Biomass) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Bioenergy (Solid Biomass) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Bioenergy (Liquid Biofuel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Bioenergy (Liquid Biofuel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Bioenergy (Biogas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Bioenergy (Biogas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Bioenergy (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Bioenergy (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Bioenergy (Agricultural Waste) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Bioenergy (Agricultural Waste) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Bioenergy (Wood Waste) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Bioenergy (Wood Waste) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Bioenergy (Solid Waste) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Bioenergy (Solid Waste) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Bioenergy (Other Feedstocks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Bioenergy (Other Feedstocks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Bioenergy (Power Generation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Bioenergy (Power Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Bioenergy (Heat Generation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Bioenergy (Heat Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Bioenergy (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Bioenergy (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Bioenergy (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Bioenergy (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: North America: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: North America: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: United States: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: United States: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Canada: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Canada: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Asia-Pacific: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Asia-Pacific: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: China: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: China: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Japan: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Japan: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: India: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: India: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: South Korea: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: South Korea: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Australia: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Australia: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Indonesia: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Indonesia: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Others: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Others: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Europe: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Europe: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Germany: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Germany: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: France: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: France: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: United Kingdom: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: United Kingdom: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Italy: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Italy: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Spain: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Spain: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Russia: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Russia: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Latin America: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Latin America: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Brazil: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Brazil: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Mexico: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Mexico: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Others: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Others: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Middle East and Africa: Bioenergy Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Middle East and Africa: Bioenergy Market: Breakup by Country (in %), 2022
Figure 82: Middle East and Africa: Bioenergy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Global: Bioenergy Industry: SWOT Analysis
Figure 84: Global: Bioenergy Industry: Value Chain Analysis
Figure 85: Global: Bioenergy Industry: Porter's Five Forces Analysis


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