Solid biomass feedstock market is anticipated to grow at a significant CAGR of 14.6% during the forecast period (2024-2031). The growth of the solid biomass feedstock market is attributed to the increasing demand for electricity, heat, biofuels, and biomethane globally. According to the International Energy Agency (IEA), in February 2024, over the next five years biofuel demand is set to expand by 38 billion liters, a nearly 30.0% increase from the last five-year period. Total biofuel demand rises 23.0% to 200 billion liters by 2028.
Get Free Sample link @ https://www.omrglobal.com/request-sample/solid-biomass-feedstock-market
Based on the source, the global solid biomass feedstock market is sub-segmented into agriculture waste, forest waste, animal waste, and municipal waste. Among these agriculture waste sub-segment is expected to hold the largest share of the market. The primary factors supporting the segment’s growth include the growing demand for agricultural waste owing to its availability in abundance and cost-effectiveness. According to the National Center for Biotechnology Information, in October 2022, currently, bioethanol was produced from various agricultural wastes and crop residues such as sugarcane bagasse, sweet sorghum bagasse, rice straw, barley straw, wheat straw, sorghum straw, corn stover, cassava peels, sugar beet, wood, and other. These materials are nonedible, cost-effective, and readily available at a reasonably low cost. The share of bioethanol in biofuel production has reached about 65.0% owing to improved production methods, the use of locally and readily available feedstocks, and the continuous demand for bioethanol for various applications.
full report of Solid Biomass Feedstock Market available @ https://www.omrglobal.com/industry-reports/solid-biomass-feedstock-market
- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Solid Biomass Feedstock Market by Source
- Agriculture Waste
- Forest Waste
- Animal Waste
- Municipal Waste
Global Solid Biomass Feedstock Market by Type
- Chips
- Pellets
- Briquettes
Global Solid Biomass Feedstock Market by Application
- Electricity
- Heat
- Biofuels
- Biomethane
Global Solid Biomass Feedstock Market by End-Users
- Residential & Commercial
- Industrial
- Utilities
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Arbaflame AS
- Bioenergy International
- Biomass Secure Power Inc.
- Drax Group plc
- Ecostrat Inc.
- Enerkem Inc.
- Enviva Inc.
- Fram Renewable Fuels, LLC
- Fulcrum BioEnergy
- Georgia Biomass, LLC
- German Pellets GmbH
- Göteborg Energi
- Green Circle Inc.
- Hawkins Wright Ltd.
- Rentech, Inc.
- Stora Enso Oyj
- Targray Technology International Inc.
- Viridis Energy Inc.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global solid biomass feedstock market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/solid-biomass-feedstock-market About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
