Global Oxo Alcohol Market Share, Size, Growth, Trends And Forecast, 2018-2023

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Global Biomass Gasification Market Driven by
Growing Demand for Renewable Energy

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Report Description and Highlights
Report Description
Global Biomass Gasification Market Driven by
Growing Demand for Renewable Energy The global
biomass gasification market has witnessed a
healthy growth over the past few years. This can
be attributed to the rising demand for cleaner
sources of energy along with population growth
and improving standards of living. Biomass
gasification is the process of converting solid
biomass into combustible gas through a series of
thermo-chemical reactions. It uses high heat and
pressure along with inadequate supply of air (O2)
for the partial combustion of biomass. Over the
past few years, biomass gasification has
significantly gained popularity, particularly in
the developing countries as they aim to achieve
energy efficiency. A new research report by IMARC
Group, titled Biomass Gasification Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, estimates
that the market reached a value of US 78 Billion
in 2017. The report further anticipates the
market to reach a value of US 126 Billion by
2023, at a projected CAGR of 8.3 over the
forecast period.
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Report Description and Highlights
Report Description
Global Biomass Gasification Market
Drivers/Constraints Biomass gasification
converts waste into electricity and other useful
products. As a result, it helps in decreasing
methane emissions from the decomposition of
organic materials in the landfills along with
reducing the landfill spaces and groundwater
contamination. On account of the rising
environmental concerns and increasing green-house
gas emissions, there has been a shift towards
environment-friendly energy sources. This is
anticipated to provide a positive thrust to the
growth of the global biomass gasification
market. The abundant availability of biomass, in
confluence with the initiatives taken by the
governments of various countries to promote the
use of renewable sources of energy, acts as
another major factor driving the market. The high
cost associated with gasification and the
increasing usage of biofuels for power generation
are anticipated to hinder the global biomass
gasification market growth. Read more here
https//www.imarcgroup.com/biomass-gasification-pl
ant
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Report Description and Highlights
Report Description
Source Insights Solid biomass, such as wood and
other organic matter, represents the most popular
source of electricity production as it is
renewable and sustainable in nature. It is
followed by biogas, municipal waste and liquid
biomass. Regional Insights On a
geographical front, Europe enjoys the leading
position in the global biomass gasification
market on account of the high demand for biomass
which is mostly used for providing electricity to
households and institutions. Other major regions
include North America, Asia Pacific, Latin
America, and Middle East and Africa. Request
Sample Of The Report https//www.imarcgroup.com/re
quest?typereportid508flagB
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Report Description and Highlights
Report Description

• Competitive Landscape
• The market is highly concentrated in nature with
  the presence of limited manufacturers who have
  significant control over the prices of the final
  product. Some of the leading players operating in
  the market are
• Lahti Energia
• Vaskiluodon Voima
• Rudorsdorfer Zement
• Essent
• Electrabel

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Report Description and Highlights
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ower-inverter-manufacturing-plant
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Report Description and Highlights
Report Description

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