Biopower Market - Global Market Size, Average Price, Major Feedstock, Regulations, and Key Country Analysis to 2025

Published: September 2016
No. of Pages: 288
    ReportsandReports

Biopower is one of the most widely used renewable resources globally for generating clean electricity. A wide range of feedstock is used to produce it, such as sewage, municipal waste, wood residues, forest residues, fiber and short-rotation crops. Biopower has huge potential in almost all regions of the world because of the wide range of feedstock.

Major countries involved in biopower worldwide are the US, Germany, the UK, Brazil, India and China. The regulatory framework and policy structure supporting renewable energy in various regions and countries has led to significant development in the global biopower industry, and has driven the leading biopower nations in growth trajectories. In the wake of growing energy security and environmental concerns, most countries are expected to strengthen their biopower support mechanisms, which will help the global biopower industry to maintain growth in the coming years.

Europe is the largest biopower market in the world. It accounts for 38.5% share of the global cumulative biopower installed capacity. Asia-Pacific (APAC) is the second largest region with a share of 28.5% in 2015. It is followed by North America (NA), South and Central America (SCA) and Middle East and Africa (MEA).

Installed global cumulative biopower capacity increased significantly from 49.4 Gigawatts (GW) in 2006 to 106.2 GW in 2015. A major portion of this increased capacity employed several biomass conversion technologies, while a small portion used landfill gas or biomass gasification complemented by biogas conversion technology. The rise in global installed capacity during this period can be attributed to the installations in Brazil and China. Brazil used almost entirely solid-biomass conversion, with negligible biogas capacity addition. China, on the other hand, installed biomass and biogas plants. Steady growth of the cumulative capacity is expected to continue, to reach 165.2 GW by the end of 2025, with more than 84% of the capacity using solid-biomass conversion technology.

In 2015, US biopower market contributes to 14.8% of the global biopower market. The biopower market in the US increased tremendously to 12.5 GW cumulative capacities in 2006. However, it increased slightly to reach 15.7 GW at a CAGR of 2.5% for the period 2006–2015. It is projected to witness a moderate growth and reach a cumulative installed capacity of 18.5 GW by 2025 at a CAGR of 1.7% for the period 2016–2025.

The report “Biopower Market - Global Market Size, Average Price, Major Feedstock, Regulations, and Key Country Analysis to 2025” offers comprehensive information and analysis of the global biopower market.

It also provides data covering historic and forecast market size, average capital cost, installed capacity and generation for biomass and biogas power globally, and in ten key biopower markets - US, Brazil, China, India, Thailand, Japan, Germany, UK, France and Italy and analyzes key market aspects which determine biopower sector and provides information on feedstock potential, installed capacity share by feedstock type and key regulations.

Published By: GlobalData
Product Code: GlobalData35967


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