Solid Biomass Feedstock Market – Global Forecast to 2029
固体バイオマス原料市場 : 供給源(農業、森林、自治体)、タイプ (チップ、ペレット、練炭)、用途 (電力、熱、バイオ燃料)、エンドユーザー (住宅＆商業、産業、公益事業) ＆地域別 – 2029年までの世界予測
Solid Biomass Feedstock Market by Source (Agriculture, Forest, Municipal), Type (Chips, Pellets, Briquettes), Application (Electricity, Heat, Biofuel), End User (Residential & Commercial, Industrial, Utilities) & Region – Global Forecast to 2029
The global solid biomass feedstock market is estimated to grow from USD 26.6 billion in 2024 to USD 36.2 Billion by 2029; it is expected to record a CAGR of 6.3% during the forecast period.
世界の固体バイオマス原料市場は、2024年の266億米ドルから2029年までに362億米ドルに成長すると推定されています。予測期間中に6.3%のCAGRを記録すると予想されます。
The Growing global awareness of the urgent need to mitigate climate change, supportive government policies and incentives drive the solid biomass feedstock market. The market for solid biomass feedstock is expected to grow due to the implementation of stringent emission laws. Moreover, the increasing need to reduce the dependence on fossil fuels and focus on renewable energy for power generation is projected to drive the market during the forecast period.
Key Benefits of Buying the Report
• Increasing emphasis on net zero emission and supportive government policies, and need for alternative to fossil fuels are few of the key factors driving the solid biomass feedstock market. Factors such as complexities associated with pre treatment restrain the growth of the market. The growing energy transition towards reducing carbon emission is expected to present lucrative opportunities for the players operating in the solid biomass feedstock market. The logistics and supply chain management challenges pose a major challenge for the players, especially for emerging players operating in the solid biomass feedstock market.
• Product Development/ Innovation: The solid biomass feedstock market is witnessing significant product development and innovation, driven by the growing demand for environmentally friendly, safe and sustainable products.
• Market Development: Drax Group plc collaborated with Patch to elevate its carbon credit offerings. Patch’s software assists participants in the voluntary carbon market in acquiring, trading, and overseeing credits. Through the Patch Radius software solution, Drax clients can effortlessly procure various portfolios of carbon credits, including those originating from BECCS by Drax. Aligned with Drax’s aspirations in carbon removal, this partnership seeks to expedite the carbon market by simplifying carbon credit transactions for businesses of all scales striving to fulfill their climate objectives.
• Market Diversification: Lignetics, Inc. launched the premium BBQ Wood Chips and BBQ Wood chunks. Premium BBQ Wood Chips and BBQ Wood Chunks are equally appealing to both, mainstream grillers and enthusiasts. Crafted from 100% natural premium hardwoods, these products are kiln-dried to deliver the desired flavors and aromas.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, like include Drax Group plc (Europe), Enviva Inc. (US), Arbaflame (Norway), REDAL (Lithuania), and Ecostrat Inc. (Canada), among others in the solid biomass feedstock market.