PUBLISHER: QYResearch | PRODUCT CODE: 1857130
PUBLISHER: QYResearch | PRODUCT CODE: 1857130
The global market for Biomass Power Generation was estimated to be worth US$ 49707 million in 2024 and is forecast to a readjusted size of US$ 73127 million by 2031 with a CAGR of 5.7% during the forecast period 2025-2031.
Biomass power generation is a technology that converts biomass resources, such as agricultural and forestry waste, garbage, and livestock manure, into electricity through combustion, gasification, and fermentation. It combines renewable, low-carbon emissions, and circular economy characteristics. Biomass includes waste, residues, and by-products from forestry and agriculture, as well as the biodegradable organic fraction of municipal and industrial waste. It also includes waste from the food processing industry, municipal and industrial waste, agricultural and wood waste, wood, sawdust, short-rotation woody crops, and many other materials. Biomass is used as an energy source for power generation, heating, and transportation. Biomass is an environmentally friendly, carbon-neutral, and sustainable energy source for power generation, with significant potential to reduce dependence on fossil fuels.
Technology Type (Direct Combustion Power Generation; Gasification Power Generation; Biogas Power Generation)
Principle (Direct combustion of biomass to generate steam to drive a turbine; Conversion of biomass into combustible gas to drive a generator; Anaerobic fermentation to generate methane for power generation)
Applicable Scale (10-100 MW; 1-10 MW; 0.1-5 MW)
Efficiency Range (25-35%; 30-42%; 35-45%)
Typical Fuels (Straw, wood chips, bagasse; Rice husks, sawdust, agricultural residues; Livestock and poultry manure, organic wastewater, landfill gas)
Regional Market Landscape
The global biomass power generation market demonstrates a "Europe and the United States lead in technology, while Asia-Pacific expands in scale" landscape. Europe, with its stringent carbon reduction policies and mature environmental standards, holds over 35% of the global market share. Countries like Germany and Sweden are focusing on developing biomass gasification-coupled technologies, which improve power generation efficiency by 10-15% compared to traditional coal-fired units. The North American market is centered around waste incineration power generation. The United States has long maintained a top-three position globally in biomass power generation capacity and leads in biogas co-generation technology.
The Asia-Pacific region is the fastest-growing regional market, accounting for 40% of the market size by 2024. China contributes over 60% of the region's installed capacity growth.
Manufacturer and Industry Chain Analysis
Core upstream links: The raw material supply side is primarily agricultural and forestry waste collection, storage, and transportation companies (such as China National Agricultural Development Group). Core equipment components include incinerators (Martin, Germany, Shanghai Electric, China), gasification units (GE, China Huadian Heavy Industry, USA), and flue gas treatment equipment (Zhongji Shengfeng, China, and Paques, the Netherlands). Incinerators and gasification units account for over 60% of total equipment investment. Downstream typical customers are divided into three core groups: first, state-owned power grid companies (such as State Grid and China Southern Power Grid, which purchase electricity at benchmark prices); second, high-energy-consuming industrial users (such as steel and chemical companies, which purchase biomass electricity through green power direct connections); and third, local government sanitation departments (the main investors in waste-to-energy projects). Technological Trends and Innovations
Biomass power generation is rapidly evolving toward higher efficiency, cleaner operation, and smarter processes. Core technological breakthroughs are concentrated in three key areas: In terms of combustion efficiency, circulating fluidized bed gasification technology achieves efficient raw material conversion. In terms of integrating environmental protection with resource utilization, Zhongji Shengfeng's flue gas denitrification and heat recovery technology achieves a triple breakthrough: NOx removal efficiency reaches 99%, particulate matter emissions are below 5mg/m3, and nitrogen oxides are converted into liquid nitrogen fertilizer. This generates over 20 million yuan in additional annual revenue per plant, addressing the industry's pain point of excessively high environmental costs. In terms of digital intelligent management and control, AI algorithms and IoT platforms are integrated to optimize the entire process. For example, Dosker's carbon emission analysis system monitors combustion data in real time and adjusts feed rates through algorithms, increasing carbon emission reduction efficiency by 18%. Combined with 5G and a remote monitoring system, equipment operation and maintenance response time is shortened to within 2 hours, reducing downtime by 30%. In summary, as the only renewable energy source that combines the dual attributes of "solid waste treatment" and "energy production," biomass power generation is becoming a key pillar of the global energy transition through industrial upgrading and technological innovation. Driven by the dual goals of "dual carbon" and the upgrading of environmental standards, companies with the ability to adapt to local raw materials, breakthroughs in environmental protection technologies, and digital intelligent management and control will dominate the market. In the future, with the promotion of green electricity direct connection models and the maturity of biogas cogeneration technology, biomass power generation will evolve from a single power supply to a multi-generation model of "electricity-heat-gas-fertilizer," further unleashing both ecological and economic value.
This report aims to provide a comprehensive presentation of the global market for Biomass Power Generation, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Biomass Power Generation by region & country, by Type, and by Application.
The Biomass Power Generation market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biomass Power Generation.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Biomass Power Generation company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Biomass Power Generation in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Biomass Power Generation in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.