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The Europe biomass gasification market reached a value of US$ XX Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Biomass gasification refers to the process of converting biomass into a gaseous product, such as hydrogen and carbon monoxide (CO). The energy obtained from the process is further utilized to generate power. It is eco-friendly in nature, cost-effective and is an optimum decentralized energy source. Due to the rising environmental concerns across the globe, biomass gasification is widely used as a preferred alternative for coal-based power generation.
The market in Europe is primarily driven by an enhanced focus on sustainable development. This has impelled governments of numerous countries across the region to promote the uptake of sustainable energy. For example, the Government of Germany has invested in the development of the Bioliq pilot plant at Karlsruhe Institute of Technology (KIT) that produces engine-compatible design fuels through the process of biomass gasification. Furthermore, multiple key players in the region are also focusing on producing sustainable bio-energy resources. For instance, Syncraft-Das Holzkraftwerk, an Austria-based power plant, is now utilizing biomass gasification to produce energy, which is creating a positive outlook for the market. Some of the other factors contributing to the market growth include rapid industrialization and extensive research and development (R&D) activities conducted by key players.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe biomass gasification market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on source.
Breakup by Source:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Source, Country|
|Countries Covered||Germany, France, United Kingdom, Italy, Spain|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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