The global market size of Bioenergy is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2025 with a CAGR of XX% from 2019 to 2025.
Overview
Bioenergy is energy created from biofuels or biomass. Biofuels are fuel made from plant life such as corn, vegetable oil, animal fat, or soybeans. Biomass can be any organic matter that has soaked up sunlight and converted it to chemical energy, usually as electricity. Examples are wood, sugar cane, crops, waste from farms or forests, and even municipal solid waste. A wide variety of biofuels are being used today to power everything from cars and trucks to medical equipment and even residential heating and cooling systems. The global bioenergy market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global bioenergy market is expected to witness significant growth during the forecast period, owing to advancements in bioenergy conversion technologies.
Market Drivers
Increasing demand for energy is expected to drive growth of the global bioenergy market during the forecast period. According to the International Energy Agency (IEA), total energy consumption reached 9,937.7 megatons of oil equivalent (Mtoe) in 2018, increasing from 8,837.8 Mtoe in 2010. Bioenergy can be an ideal source for electricity, which is generated from organic matter called biomass. Hence, such factors are expected to drive growth of the global bioenergy market during the forecast period. Furthermore, advancements in bioenergy conversion technologies are expected to propel the global bioenergy market growth over the forecast period.
Market Restraint
Rising penetration of electric vehicles is expected to restrain growth of the global bioenergy market during the forecast period.
Regional Insights
Among regions, Europe is expected to witness significant growth in the global bioenergy market during the forecast period. This is owing to rising demand for bioenergy from developed countries such as Norway, Germany, and the U.K. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to rising demand for energy across India and China.
Competitive Section
Major companies involved in the global bioenergy market are Mitsubishi Heavy Industries Ltd, MVV Energie AG, Biomass Engineering Ltd, Hitachi Zosen Corp, Babcock & Wilcox Volund A/S, and Orsted A/S.
For instance, in August 2021, California Ethanol + Power (CE+P) partnered with the U.S. Joint BioEnergy Institute on biofuels research.
Global Bioenergy Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Bioenergy industry.
The key insights of the report:
1. The report provides key statistics on the market status of the Bioenergy manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2. The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3. The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5. The report estimates 2019-2025 market development trends of Bioenergy industry.
6. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7. The report makes some important proposals for a new project of Bioenergy Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For the competitor segment, the report includes global key players of Bioenergy as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For the product type segment, this report listed main product type of Bioenergy market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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