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Bioenergy Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR41040
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The bioenergy market has the potential to grow by USD 42.54 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.52%.

This bioenergy market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (transportation, off-grid electricity, cooking, and others) and geography (Europe, North America, APAC, South America, and MEA). The bioenergy market report also offers information on several market vendors, including A2A Spa, Archer Daniels Midland Co., Babcock & Wilcox Enterprises Inc., BP Plc, Hitachi Zosen Corp., Mitsubishi Heavy Industries Ltd., MVV Energie AG, Orsted AS, Petroleo Brasileiro SA, and Royal Dutch Shell Plc among others.

What will the Bioenergy Market Size be in 2021?

Bioenergy-Market-Market-Size-2020-2025

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Bioenergy Market: Key Drivers and Trends

The increasing concerns about environment and energy security is notably driving the bioenergy market growth, although factors such as fall in crude oil prices may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the bioenergy industry get your FREE report sample now.

  • The increasing concerns about the environment and energy security is one of the major factors driving the growth of bioenergy market size.
  • As fossil fuels are minimal, and energy is derived from fossil fuels, several countries are seeking alternatives to conventional energy sources.
  • Bioenergy is gaining prominence as one of the fastest-growing alternatives to traditional energy sources that aids in expanding the energy mix and reducing the dependency on global petroleum markets.
  • Bioenergy benefits countries with less or no reserves by reducing their dependence on crude oil imports.
  • As bioenergy is derived from the local feedstock, governments are offering incentives to cultivators and farmers to generate biomass feedstock, which further encourages bioenergy production.
  • Key bioenergy market trends, such as the rising investments in bioenergy sectors, are critical bioenergy market trends which will influence the growth of the market during the forecast period.
  • Globally, governments and private organizations are increasing their investments to produce biofuels through special grants and loans.
  • This has encouraged vendors to establish high biofuel manufacturing capacity plants.
  • While the bioenergy market is still in the nascent stage, these patterns of investments from large companies will attract other vendors and help in bioenergy market expansion. 

This bioenergy market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Bioenergy Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • A2A Spa
  • Archer Daniels Midland Co.
  • Babcock & Wilcox Enterprises Inc.
  • BP Plc
  • Hitachi Zosen Corp.
  • Mitsubishi Heavy Industries Ltd.
  • MVV Energie AG
  • Orsted AS
  • Petroleo Brasileiro SA
  • Royal Dutch Shell Plc

 

The bioenergy market is fragmented and the vendors are deploying growth strategies such as M&A to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the bioenergy market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Bioenergy Market?

Bioenergy-Market-Market-Share-by-Region-2020-2025

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33% of the market’s growth will originate from Europe during the forecast period. Germany, France, and the UK are the key markets for bioenergy in Europe. Market growth in this region will be faster than the growth of the market in MEA.

The rising use of biodiesel in vehicles to reduce greenhouse gas emissions will facilitate the bioenergy market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Bioenergy Market?

Bioenergy-Market-Market-Share-by-Application-2020-2025

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The bioenergy market share growth by the transportation segment will be significant during the forecast period. This is attributed to the rise in demand for biodiesel products. The demand for fuels such as MTBE/TAME, biodiesel, and DME is expected to surge during the forecast period due to the increasing adoption of emission-controlled fuels. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the bioenergy market size.

 

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What are the Key Factors Covered in this Bioenergy Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive bioenergy market growth during the next five years
  • Precise estimation of the bioenergy market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the bioenergy industry across Europe, North America, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of bioenergy market vendors

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Bioenergy Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.52%

Market growth 2021-2025

$ 42.54 billion

Market structure

Fragmented

YoY growth (%)

2.07

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 33%

Key consumer countries

US, Germany, China, France, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A2A Spa, Archer Daniels Midland Co., BP Plc, Hitachi Zosen Corp., MVV Energie AG, Orsted AS, Petroleo Brasileiro SA, Royal Dutch Shell Plc, Mitsubishi Heavy Industries Ltd., and Babcock & Wilcox Enterprises Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Transportation - Market size and forecast 2020-2025
    • Cooking - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • Europe - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • A2A Spa
    • Archer Daniels Midland Co.
    • Babcock & Wilcox Enterprises Inc.
    • BP Plc
    • Hitachi Zosen Corp.
    • Mitsubishi Heavy Industries Ltd.
    • MVV Energie AG
    • Orsted AS
    • Petroleo Brasileiro SA
    • Royal Dutch Shell Plc

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The bioenergy market growth will increase by $68.86 billion during 2019-2024.
    The bioenergy market is expected to grow at a CAGR of 6.65% during 2019-2024.
    Technavio has segmented the bioenergy market by application (Transportation, Off-grid electricity, Cooking, and Others) and geographic (Europe, North America, APAC, South America, and MEA).
    A2A Spa, Archer Daniels Midland Co., Babcock & Wilcox Enterprises Inc., BP Plc, Hitachi Zosen Corp., Mitsubishi Heavy Industries Ltd., MVV Energie AG, Ørsted AS, Petróleo Brasileiro SA, Royal Dutch Shell Plc are a few of the key vendors in the bioenergy market.
    Europe will register the highest growth rate of 34.04% among the other regions. Therefore, the bioenergy market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
    • US
    • Germany
    • France
    • China
    • Brazil
    The key factors driving the bioenergy market growth are:
    • Increasing concerns about environment and energy security
    • Increasing investments in the bioenergy sector
    The bioenergy market vendors should focus on grabbing business opportunities from the transportation segment as it accounted for the largest market share in the base year.
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