市場調查報告書
商品編碼
1500316
全球固體生質能原料市場 2024-2031Global Solid Biomass Feedstock Market 2024-2031 |
預計全球固體生質能原料市場在預測期內(2024-2031年)年複合成長率將達到14.6%。固體生質能原料市場的成長歸因於全球對電力、熱力、生質燃料和生物甲烷的需求不斷增加。根據國際能源總署(IEA)預測,2024年 2月,未來五年生物燃料需求將增加 380 億公升,較上五年成長近 30.0%。到2028年,生物燃料總需求將成長 23.0%,達到 2,000 億公升。
市場動態
Global Solid Biomass Feedstock Market Size, Share & Trends Analysis Report by Source (Agriculture Waste, Forest Waste, Animal Waste, and Municipal Waste) by Type (Chips, Pellets, and Briquettes) by Application (Electricity, Heat, Biofuels, and Biomethane) and by End-Users (Residential & Commercial, Industrial and Utilities) Forecast Period (2024-2031)
Global solid biomass feedstock market is anticipated to grow at a significant CAGR of 14.6% during the forecast period (2024-2031). The growth of the solid biomass feedstock market is attributed to the increasing demand for electricity, heat, biofuels, and biomethane globally. According to the International Energy Agency (IEA), in February 2024, over the next five years biofuel demand is set to expand by 38 billion liters, a nearly 30.0% increase from the last five-year period. Total biofuel demand rises 23.0% to 200 billion liters by 2028.
Market Dynamics
Increasing Utilizing Of Organic Waste as Biomass Feedstock
The use of organic waste to make biomass energy is getting more popular as the demand for renewable energy rises. One form of sustainable energy is biomass energy, which is produced through burning organic materials like wood chips, plant matter, and agricultural waste. According to the National Center for Biotechnology Information, in February 2022, nearly 50.0% of the average composition of global waste, 3 million tons per day, is organic material. This accounts for the main source of greenhouse gases (GHG), and it includes household, food manufacturing, and pre-factory wastes, the rest being paper, plastic, glass, metal, and others. Although several facilities direct their waste toward land spreading, these facilities only represent between 26.0% and 46.0% of the organic waste and most of it is still disposed of in landfills.
Adoption of Advanced Conversion Technologies
Advanced conversion technology for converting biomass into energy, such as thermochemical, biological, physical, and biochemical processes, as well as hybrid and integrated systems technologies. Blends of several technologies, such as thermochemical and biochemical technologies, are also being researched for hybrid or combination systems. All biorefinery processes can produce a specific fuel, though, depending on the type and availability of the feedstock. Therefore, heterogeneous and multiple feedstocks might be treated to provide several supplies in the form of fuel, energy, heat, feedstock, and valuable chemicals if these techniques were combined under the concept of an integrated waste bio-refinery. Systems with hybrid configurations produce the least amount of harmful emissions and the highest possible electrical generation efficiency.
Market Segmentation
Our in-depth analysis of the global solid biomass feedstock market includes the following segments-
Agriculture Waste is Projected to Emerge as the Largest Segment
Based on the source, the global solid biomass feedstock market is sub-segmented into agriculture waste, forest waste, animal waste, and municipal waste. Among these agriculture waste sub-segment is expected to hold the largest share of the market. The primary factors supporting the segment's growth include the growing demand for agricultural waste owing to its availability in abundance and cost-effectiveness. According to the National Center for Biotechnology Information, in October 2022, currently, bioethanol was produced from various agricultural wastes and crop residues such as sugarcane bagasse, sweet sorghum bagasse, rice straw, barley straw, wheat straw, sorghum straw, corn stover, cassava peels, sugar beet, wood, and other. These materials are nonedible, cost-effective, and readily available at a reasonably low cost. The share of bioethanol in biofuel production has reached about 65.0% owing to improved production methods, the use of locally and readily available feedstocks, and the continuous demand for bioethanol for various applications.
Biomethane Sub-segment to Hold a Considerable Market Share
Based on the application, the global solid biomass feedstock market is sub-segmented into electricity, heat, biofuels, and biomethane. Among these, the biomethane sub-segment is expected to hold a considerable share of the market. The technological advancements in the manufacturing of a portable fabricator for anaerobic digestion for biomethane production precisely depend on the type of feedstock and the production pathway. According to the European Biogas Association (EBA), in July 2022, Biomethane potentials - Anaerobic digestion in 2030 and 2050, a potential of 41.8 bcm is estimated for anaerobic digestion in 2030, of which 38.1 bcm relates to the EU-27. The potential increases to 98 bcm in 2050, an increase of 56 bcm. The top 5 countries in both 2030 and 2050 consistently include France, Germany, Italy, Spain and Poland. Key feedstocks in 2030 are animal manure (32.0%), agricultural residues (24.0%), and sequential cropping (21.0%). This contrasts with 2050 in which sequential cropping dominates (47.0%), with again a significant contribution from manure (19.0%), and agricultural residues (17.0%). Industrial wastewater contributes over 10.0% of the potential in both 2030 and 2050.
The global solid biomass feedstock market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Increasing Solid Biomass Feedstock Adoption in Asia-Pacific
North America Holds Major Market Share
Among all the regions, North America holds a significant share owing to numerous prominent companies and solid biomass feedstock providers. The growth is attributed to the increasing demand for biofuels across various countries are few of the factors accelerating the growth of solid biomass feedstock in the region. According to the US Energy Information Administration, in 2022, biomass accounted for 5.0% of US energy consumption, or about 4,930 trillion British thermal units (TBtu) in 2022. The types, amounts, and percentage shares of total biomass energy consumption in 2022 were biofuels-2,419 TBtu-49.0%, Wood and wood waste-1,984 TBtu-43.0%, municipal solid waste, animal manure, and sewage-411 TBtu-8.0%. The industrial sector is the largest consumer of biomass for energy in the US. The amounts in TBtu and percentage shares of total US biomass energy use by the consuming sector in 2022 were industrial-2,266 TBtu-46.0%, transportation-1,565 TBtu-32.0%, residential-539 TBtu-11.0%, electric power-413 TBtu-8.0% and commercial-147 TBtu-3.0%
The major companies serving the global solid biomass feedstock market include Chevron Corp., Drax Group plc, Enviva Inc., RWE AG, and Siemens AG, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in February 2023, Nippon Paper Industries Co., Ltd., Sumitomo Corp., and Green Earth Institute Co., Ltd. collaborated to begin trilateral consideration of the first commercial production of cellulosic bioethanol from woody biomass in Japan and its development into bio-chemical products.
Recent Development