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The global biomass gasification market size was valued at US$ 98.2 Billion in 2020.
According to the estimates by IMARC Group, the global biomass gasification market is expected to exhibit strong growth during 2021 to 2026.
The growing environmental concerns towards the continuous depletion of fuel-based energy sources represent one of the key drivers for global biomass gasification market
The introduction of numerous government initiatives to promote the use of biomass for reducing the landfill spaces and minimizing groundwater contamination, represents one of the key trends in the global biomass gasification market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous facilities for biomass gasification.
On the basis of the source, the market has been bifurcated into solid biomass, biogas, municipal waste, and liquid biomass. Among these, solid biomass represents the largest market segment.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Europe dominates the global market.
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