What is Biomass Recycling Market?
Biomass is a renewable organic material derived from a living matter involving both plants and animals excluding fossil fuel used to create electricity or other forms of power. It includes agricultural residue such as rice straw and sugarcane residue, food waste and animal waste. In the overpopulated developing countries such as China, India and others, waste management has been a major problem. This material is recycled by carbonizing organic waste into biochar before they get mixed with non-organic waste or pollutants.
Highlights from Biomass Recycling Market Study
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Enva (United Kingdom), Vecoplan AG (Germany), Biomass Power Ltd (United Kingdom), Biomass Recycle Canada Inc. (Canada), Meiwa Co., Ltd (Japan), Africa Biomass Company (South Africa), Biowood Recycling Limited (United Kingdom), Toyo Engineering Corporation (Japan), USA Biomass Corporation (United States) and Janbor Ltd (United Kingdom) |
Research Analyst at AMA predicts that United Kingdom Manufacturers will contribute to the maximum growth of Global Biomass Recycling market throughout the forecasted period.
Enva (United Kingdom), Vecoplan AG (Germany), Biomass Power Ltd (United Kingdom), Biomass Recycle Canada Inc. (Canada), Meiwa Co., Ltd (Japan), Africa Biomass Company (South Africa), Biowood Recycling Limited (United Kingdom), Toyo Engineering Corporation (Japan), USA Biomass Corporation (United States) and Janbor Ltd (United Kingdom) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Veolia Environnement S.A. (France). Biomass Recycling Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | Power Plants, Construction Engineering, Fertilizer, Soil Conditioner and Others |
Type | Wood and Agricultural Waste, Solid Waste, Landfill Gas and Biogas and Others |
Origin | Animal Based,Plant Based |
On the basis of geography, the market of Biomass Recycling has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Awareness about Environmental Pollution
Market Growth Drivers:
Increasing Waste Management Issues Worldwide, Rising Demand for Renewable Energy Sources and Government Initiatives for Biomass Recycling
Challenges:
Large Space Requirement for Biomass Recycling Plant
Restraints:
Less Awareness among Some Regions and Not Efficient As Fossil Fuels
Opportunities:
Rising Demand from End-User Industry and Wide Availability of Biomass
Key Target Audience
Biomass Recycling Providers, Research Professionals, Emerging Companies, Government Body & Associations and End-user
In October 2019, as part of the incentive program within the South African government, a biomass plaint with a capacity of 17.5 MW has been selected as the latest renewable energy project. Building Energy, an Italian organization focusing on the production of energy from renewable resources, will lead the completion of a biomass plant, which will have a short supply chain in South Africa.