Press Release

Biomass Gasification is anticipated to project robust growth in the forecast period with a CAGR of 8.58% through 2029

Renewable Energy Mandates and Policies and Technological Advancements are the factors propelling the market growth.

 According to TechSci Research report, “Global Biomass Gasification Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”. Global Biomass Gasification is anticipated to project robust growth in the forecast period with a CAGR of 8.58% through 2029, Biomass, derived from organic matter found in plants and animals, serves as a renewable energy source capable of generating both heat and electricity through combustion, followed by the conversion of heat into electricity. Biomass gasification is a process that transforms organic and fossil fuels into gases under controlled conditions of oxygen and steam, devoid of combustion. This high-temperature process prevents burning or combustion of the matter. In biomass gasification, organic biomass is converted into gases like carbon dioxide, hydrogen, and carbon monoxide within a controlled environment using various gasifiers. Subsequently, carbon monoxide reacts with water in a water-gas shift reaction, yielding additional hydrogen and carbon dioxide, with hydrogen utilized as a fuel source.

Biomass Gasification, particularly fueled by municipal solid waste (MSW), is gaining traction due to various factors. MSW encompasses biomass materials like paper, cardboard, wood chippings, leaves, and leather, alongside non-biomass items such as plastic, glass, and metal. However, managing MSW raises significant concerns, as the disposal of large quantities of waste directly and indirectly impacts the environment. According to the U.S. Energy Information Administration (EIA), approximately 12% of total MSW was incinerated in biomass gasification plants for waste-to-energy purposes in 2018. The utilization of MSW for energy production has led to an increased contribution from this source to the biomass gasification market, thereby driving its growth 

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Based on Source, Municipal Waste segment is expected to hold the largest share of Biomass Gasification market during the forecast period, The Municipal Waste segment is anticipated to hold the largest share of the Biomass Gasification Market during the forecast period, driven by the increasing need for sustainable waste management solutions. Municipal waste, which includes household and commercial waste, poses a significant challenge for urban areas globally. As landfill sites become scarce and environmental concerns about waste disposal grow, cities are seeking efficient and environmentally friendly methods to manage waste. Biomass gasification offers a viable solution by converting municipal waste into clean energy, thereby reducing the volume of waste sent to landfills and mitigating the associated environmental impacts.

One of the primary reasons for the dominance of the municipal waste segment is the substantial volume of waste generated in urban areas. Cities produce vast quantities of waste daily, and traditional disposal methods are becoming less feasible. Gasification technology can handle a diverse mix of municipal waste, including organic materials, plastics, and textiles, making it an attractive option for urban waste management. By transforming waste into syngas, which can be used for electricity generation, heating, or as a chemical feedstock, biomass gasification not only addresses waste disposal issues but also contributes to the energy supply, creating a circular economy.

Government policies and regulations also play a pivotal role in promoting the use of biomass gasification for municipal waste. Many countries and municipalities have implemented strict waste management and environmental regulations that encourage the adoption of advanced waste treatment technologies. Incentives such as subsidies, grants, and tax breaks for renewable energy projects further support the development and deployment of biomass gasification plants. These policies aim to reduce landfill usage, decrease greenhouse gas emissions, and promote renewable energy sources, all of which align with the objectives of municipal waste gasification projects.

Technological advancements and increasing investments in the biomass gasification sector are further propelling the municipal waste segment. Innovations in gasification technology have improved the efficiency and scalability of these systems, making them more cost-effective and accessible for municipal applications. Additionally, public-private partnerships and investments from both governmental and private entities are driving the growth of biomass gasification projects. These collaborations are essential for the development of large-scale gasification plants that can handle the substantial waste output of urban centers, ensuring that the municipal waste segment remains the largest in the biomass gasification market during the forecast period.


Key market players in the Global Biomass Gasification Market are following: 

  • Synthesis Energy Systems Inc.
  • Bellwether Recuperative Gasification Ltd
  • SHANGHAI HAIQI ENVIRONMENTAL PROTECTION TECHNOLOGY CO., LTD.
  •  Infinite Energy
  • Ankur Scientific Energy Technologies Pvt Ltd.
  • Enersol Biopower Pvt.Ltd
  • Thyssenkrupp AG
  • SG H2 Energy
  • Bio Energy Netherlands BV
  • Yosemite Clean Energy  

 

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 Several key drivers shape the global biomass gasification market, highlighting its significance in sustainable energy initiatives. The adoption of biomass gasification is propelled by increasing renewable energy mandates and governmental regulations aimed at reducing carbon emissions. Concerns about environmental impact and a commitment to combating climate change also drive the demand for biomass gasification as a clean energy solution. Technological advancements play a vital role by improving efficiency and lowering costs, making biomass gasification technologies more commercially viable. These advancements include enhanced gas cleaning and purification methods to meet strict environmental standards,The diversification of biomass sources, along with the use of waste materials, expands the potential of biomass gasification. Its contribution to rural development and job creation, particularly through the utilization of locally available biomass resources, adds an economic dimension to its appeal. Moreover, biomass gasification serves a dual purpose by addressing waste management challenges while generating renewable energy. Corporate sustainability initiatives and a global trend towards greener practices further drive market growth, as businesses incorporate biomass gasification into their strategies to achieve environmental objectives. Together, these factors position biomass gasification as a key player in the worldwide transition towards sustainable and eco-friendly energy solutions.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Biomass Gasification Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented by Source (Solid Biomass, Liquid Biomass, Biogas, Municipal Waste, Others), By Application (Chemical, Liquid Fuel, Gaseous Fuel, and Power), By Region, By Competition 2019-2029 has evaluated the future growth potential of Global Biomass Gasification Market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Global Biomass Gasification Market.

 

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