Biomass Market Research
Biomass consists of all the plant material on the surface of the earth (and in the seas, with algae included). Almost two thirds of the total is regenerated each year during seasonal growth.
In the 21st century, there is a need for energy producers to meet environmental targets. This has lead to a shift away from fossil fuels and towards renewable sources of energy. As a result, biomass is becoming an increasingly attractive option to energy providers.
Biomass is simple and cost effective with some estimates predicting that by 2050, it could provide 50% of the world’s primary energy needs. From 2010 to 2015, the global biomass manufacturing market is projected to increase from $572.9 billion to $693.7 billion. This represents a compound annual growth rate (CAGR) of 3.9% during this time period.
The Biomass market research reports provide information on key trends, profiles of major industry participants, information on major biomass power plants and analysis of important deals. It also offers detailed information on the regulatory framework and key policies governing the industry, thus presenting a comprehensive understanding of the global market for biomass energy.