固体バイオマス原料市場 : 2029年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月

Solid Biomass Feedstock Market – Global Forecast to 2029

固体バイオマス原料市場 : 供給源(農業、森林、自治体)、タイプ (チップ、ペレット、練炭)、用途 (電力、熱、バイオ燃料)、エンドユーザー (住宅&商業、産業、公益事業) &地域別 – 2029年までの世界予測
Solid Biomass Feedstock Market by Source (Agriculture, Forest, Municipal), Type (Chips, Pellets, Briquettes), Application (Electricity, Heat, Biofuel), End User (Residential & Commercial, Industrial, Utilities) & Region – Global Forecast to 2029

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Report Overview

The global solid biomass feedstock market is estimated to grow from USD 26.6 billion in 2024 to USD 36.2 Billion by 2029; it is expected to record a CAGR of 6.3% during the forecast period.

世界の固体バイオマス原料市場は、2024年の266億米ドルから2029年までに362億米ドルに成長すると推定されています。予測期間中に6.3%のCAGRを記録すると予想されます。

The Growing global awareness of the urgent need to mitigate climate change, supportive government policies and incentives drive the solid biomass feedstock market. The market for solid biomass feedstock is expected to grow due to the implementation of stringent emission laws. Moreover, the increasing need to reduce the dependence on fossil fuels and focus on renewable energy for power generation is projected to drive the market during the forecast period.

固体バイオマス原料市場 : 2029年までの世界予測

“Forest Waste: The largest segment of the solid biomass feedstock market, by source. “

Based on source, the solid biomass feedstock market has been segmented into agriculture waste, forest waste, animal waste, and municipal waste. The forest waste segment is expected to be the largest segment during the forecast period. Agriculture biomass feedstock has the potential to meet the growing demand for bioenergy due to its availability in abundance. The utilization of forest waste biomass for bioenergy production not only offers a renewable energy solution but also efficiently handles forest residues, decreasing the buildup of surplus biomass that could otherwise escalate wildfire risks.

“Pellets is expected to be the largest segment during the forecast period based on type.”

By type, the solid biomass feedstock market has been split into four types: chips, pellets, briquettes, and others. Governments worldwide are offering subsidies and incentives to promote biomass pellet usage, aligning with renewable energy targets to drive demand. For example, The Biomass Thermal Utilization Act (BTU Act) in North America and initiatives by the Indian Renewable Energy Development Agency (IREDA) further support biomass pellet adoption

固体バイオマス原料市場 : 2029年までの世界予測 ecosystem

“By application, biomethane segment is expected to be the fastest growing segment during the forecast period.”

Based on the application, the solid biomass feedstock market is segmented into electricity, heat, biofuel, and biomethane. The biomethane segment is expected to be the fastest growing segment of the solid biomass feedstock market during the forecast period. Biomethane can be used as a substitute of natural gas to combat environment emission as well as existing infrastructure compatibility drives the demand for biomethane.

“Asia Pacific is expected to be the largest region in the solid biomass feedstock market.”

Asia Pacific is expected to be the largest region in the solid biomass feedstock market during the forecast period. Governments in countries such as China, Japan and India are playing a proactive role in reducing CO2 emissions which fosters the growth of biofuel and biomethane in the region. The increasing adoption of biofuels and biomethane in the region drives the growth of the solid biomass feedstock market. Initiatives to reduce CO2 emissions using biofuel, heat, and electricity and improve energy efficiency are supported by the Ministry of New and Renewable Energy (MNRE), International Renewable Energy Agency (IRENA), International Monetary Fund (IMF), International Institute of Sustainable Development, Bioenergy International; as a result, manufacturing solid biomass feedstock is encouraged.

固体バイオマス原料市場 : 2029年までの世界予測 region

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
By Region: North America- 20%, Europe- 25%, Asia Pacific- 30%, Middle East & Africa- 15%, South America- 10%
Note: Others include sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The solid biomass feedstock market is dominated by a few major players that have a wide regional presence. The leading players in the solid biomass feedstock market are Stora Enso (Finland), Drax Group plc (UK), Segezha Group (UK), Enviva Inc. (US), and Lignetics, Inc. (US). The major strategy adopted by the players includes new partnerships, collaboration, acquisition, and investments & expansions.

Research Coverage:

The report defines, describes, and forecasts the global solid biomass feedstock market by source, type, application, end user and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in thedirect air capture market.

Key Benefits of Buying the Report

• Increasing emphasis on net zero emission and supportive government policies, and need for alternative to fossil fuels are few of the key factors driving the solid biomass feedstock market. Factors such as complexities associated with pre treatment restrain the growth of the market. The growing energy transition towards reducing carbon emission is expected to present lucrative opportunities for the players operating in the solid biomass feedstock market. The logistics and supply chain management challenges pose a major challenge for the players, especially for emerging players operating in the solid biomass feedstock market.
• Product Development/ Innovation: The solid biomass feedstock market is witnessing significant product development and innovation, driven by the growing demand for environmentally friendly, safe and sustainable products.
• Market Development: Drax Group plc collaborated with Patch to elevate its carbon credit offerings. Patch’s software assists participants in the voluntary carbon market in acquiring, trading, and overseeing credits. Through the Patch Radius software solution, Drax clients can effortlessly procure various portfolios of carbon credits, including those originating from BECCS by Drax. Aligned with Drax’s aspirations in carbon removal, this partnership seeks to expedite the carbon market by simplifying carbon credit transactions for businesses of all scales striving to fulfill their climate objectives.
• Market Diversification: Lignetics, Inc. launched the premium BBQ Wood Chips and BBQ Wood chunks. Premium BBQ Wood Chips and BBQ Wood Chunks are equally appealing to both, mainstream grillers and enthusiasts. Crafted from 100% natural premium hardwoods, these products are kiln-dried to deliver the desired flavors and aromas.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, like include Drax Group plc (Europe), Enviva Inc. (US), Arbaflame (Norway), REDAL (Lithuania), and Ecostrat Inc. (Canada), among others in the solid biomass feedstock market.

Table of Contents

1            INTRODUCTION            33

1.1         STUDY OBJECTIVES      33

1.2         MARKET DEFINITION   33

1.3         STUDY SCOPE  34

1.3.1      INCLUSIONS AND EXCLUSIONS 34

1.4         MARKET SCOPE             35

1.4.1      SOLID BIOMASS FEEDSTOCK MARKET SEGMENTATION            35

1.4.2      REGIONAL SCOPE         35

1.4.3      YEARS CONSIDERED     36

1.4.4      CURRENCY        36

1.5         LIMITATIONS   36

1.6         STAKEHOLDERS            36

1.7         IMPACT OF RECESSION 37

2            RESEARCH METHODOLOGY     38

2.1         RESEARCH DATA           38

FIGURE 1           SOLID BIOMASS FEEDSTOCK MARKET: RESEARCH DESIGN              38

2.2         MARKET BREAKDOWN AND DATA TRIANGULATION    39

FIGURE 2           DATA TRIANGULATION             39

2.3         PRIMARY AND SECONDARY RESEARCH 40

2.3.1      SECONDARY DATA       40

TABLE 1             MAJOR SECONDARY SOURCES  40

2.3.1.1   Key data from secondary sources     40

2.3.2      PRIMARY DATA 41

TABLE 2             PRIMARY INTERVIEW PARTICIPANTS   41

2.3.2.1   Key insights from primary sources   41

2.3.2.2   Breakdown of primaries     42

FIGURE 3           BREAKDOWN OF PRIMARIES: BY COMPANY TYPE, DESIGNATION, AND REGION    42

2.4         MARKET SIZE ESTIMATION       42

2.4.1      BOTTOM-UP APPROACH           43

FIGURE 4           SOLID BIOMASS FEEDSTOCK MARKET: BOTTOM-UP APPROACH       43

2.4.2      TOP-DOWN APPROACH             43

FIGURE 5           SOLID BIOMASS FEEDSTOCK MARKET: TOP-DOWN APPROACH       43

2.5         DEMAND-SIDE ANALYSIS           44

2.5.1      DEMAND-SIDE METRICS            44

FIGURE 6           METRICS CONSIDERED TO ASSESS DEMAND FOR SOLID BIOMASS FEEDSTOCK  44

2.5.1.1   Assumptions for demand-side analysis           44

2.5.1.2   Calculations for demand-side analysis            44

2.6         SUPPLY-SIDE ANALYSIS             45

2.6.1      SUPPLY-SIDE METRICS 45

FIGURE 7           KEY METRICS CONSIDERED TO ASSESS SUPPLY OF SOLID BIOMASS FEEDSTOCK  45

FIGURE 8           SOLID BIOMASS FEEDSTOCK MARKET: SUPPLY-SIDE ANALYSIS          45

2.6.2      CALCULATIONS FOR SUPPLY-SIDE ANALYSIS   46

2.6.3      ASSUMPTIONS FOR SUPPLY-SIDE ANALYSIS      46

2.7         FORECAST        46

2.7.1      RISK ASSESSMENT         46

2.7.2      RECESSION IMPACT      46

3            EXECUTIVE SUMMARY 47

TABLE 3             SOLID BIOMASS FEEDSTOCK MARKET SNAPSHOT         47

FIGURE 9           ASIA PACIFIC HELD LARGEST SHARE OF SOLID BIOMASS FEEDSTOCK  MARKET IN 2023 48

FIGURE 10         FOREST WASTE SEGMENT TO LEAD SOLID BIOMASS FEEDSTOCK MARKET,  BY SOURCE, BY 2029     48

FIGURE 11         PELLETS SEGMENT TO DOMINATE SOLID BIOMASS FEEDSTOCK MARKET BY 2029   49

FIGURE 12         ELECTRICITY TO BE LARGEST APPLICATION IN SOLID BIOMASS FEEDSTOCK BY 2029  49

FIGURE 13         UTILITIES SEGMENT TO BE DOMINANT END USER BY 2029              50

4            PREMIUM INSIGHTS      51

4.1         ATTRACTIVE OPPORTUNITIES IN SOLID BIOMASS FEEDSTOCK MARKET            51

FIGURE 14         INCREASING EMPHASIS ON RENEWABLE ENERGY TO BOOST MARKET GROWTH        51

4.2         SOLID BIOMASS FEEDSTOCK MARKET, BY REGION        51

FIGURE 15         EUROPE TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD              51

4.3         SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE       52

FIGURE 16         FOREST WASTE TO HOLD MAJOR MARKET SHARE, BY SOURCE, BY 2029 52

4.4         SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE             52

FIGURE 17         PELLETS SEGMENT TO COMMAND SOLID BIOMASS FEEDSTOCK MARKET,  BY TYPE, BY 2029          52

4.5         SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION           53

FIGURE 18         ELECTRICITY SEGMENT TO DOMINATE SOLID BIOMASS FEEDSTOCK MARKET,  BY APPLICATION, BY 2029         53

4.6         SOLID BIOMASS FEEDSTOCK MARKET, BY END USER    53

FIGURE 19         UTILITIES SEGMENT TO HOLD LARGEST MARKET SHARE, BY END USER, BY 2029        53

5            MARKET OVERVIEW     54

5.1         INTRODUCTION            54

5.2         MARKET DYNAMICS     54

FIGURE 20         SOLID BIOMASS FEEDSTOCK MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    54

5.2.1      DRIVERS            55

5.2.1.1   Growing environmental concerns    55

FIGURE 21         GLOBAL CO2 EMISSION FROM ENERGY COMBUSTION AND INDUSTRIAL PROCESSES, 2012–2022      55

5.2.1.2   Growing demand for biofuels           55

FIGURE 22         GLOBAL BIOFUEL DEMAND, 2023–2028 56

5.2.2      RESTRAINTS     56

5.2.2.1   Complexities associated with pre-treatment of solid biomass feedstock    56

5.2.2.2   High costs associated with feedstock 56

5.2.3      OPPORTUNITIES           57

5.2.3.1   Growing emphasis on waste management      57

5.2.3.2   High depletion rate of fossil fuels     57

FIGURE 23         GLOBAL CONSUMPTION OF FOSSIL FUELS, 2012–2022   57

5.2.4      CHALLENGES   58

5.2.4.1   Challenges associated with logistics and supply chain management          58

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       58

FIGURE 24         SOLID BIOMASS FEEDSTOCK MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       58

5.4         SUPPLY CHAIN ANALYSIS          58

FIGURE 25         SOLID BIOMASS FEEDSTOCK MARKET: SUPPLY CHAIN ANALYSIS          59

5.4.1      RAW MATERIAL SUPPLY            59

5.4.2      FEEDSTOCK DEVELOPMENT    59

5.4.3      DISTRIBUTORS 59

5.4.4      END USERS       59

5.5         MARKET MAP   60

FIGURE 26         SOLID BIOMASS FEEDSTOCK MARKET MAPPING           60

TABLE 4             COMPANIES AND THEIR ROLE IN SOLID BIOMASS FEEDSTOCK ECOSYSTEM     60

FIGURE 27         SOLID BIOMASS FEEDSTOCK MARKET: ECOSYSTEM MAPPING              61

5.6         TECHNOLOGY ANALYSIS           61

5.6.1      KEY TECHNOLOGIES    61

5.6.1.1   Crushing              61

5.6.1.2   Grinding              61

5.6.1.3   Drying   61

5.6.1.4   Separation           61

5.6.2      COMPLIMENTARY TECHNOLOGIES      62

5.6.2.1   Storage and Handling        62

5.7         CASE STUDY ANALYSIS 62

5.7.1      COOP GROUP IMPLEMENTS SUSTAINABLE ENERGY PRACTICES TO PRODUCE INDUSTRIAL HEAT   62

5.7.1.1   Challenges           62

5.7.1.2   Solution 62

5.7.2      OPPORTUNITIES FOR POWER GENERATION USING WOODY BIOMASS IN VIETNAM     62

5.7.2.1   Overview             62

5.8         PATENT ANALYSIS        63

FIGURE 28         SOLID BIOMASS FEEDSTOCK MARKET: PATENTS APPLIED AND GRANTED, 2013–2023         63

5.8.1      MAJOR PATENTS           63

TABLE 5             SOLID BIOMASS FEEDSTOCK MARKET: MAJOR PATENTS, 2019–2023      63

5.9         PRICING ANALYSIS        65

5.9.1      AVERAGE SELLING PRICE TREND, BY COMPANY & TYPE            65

TABLE 6             COST SUMMARY FOR SOLID BIOMASS FEEDSTOCK TYPE, BY COMPANY         65

5.9.2      AVERAGE SELLING PRICE TREND, BY REGION  65

TABLE 7             COST SUMMARY FOR SOLID BIOMASS FEEDSTOCK, BY REGION (USD/TON)     65

FIGURE 29         AVERAGE SELLING PRICE TREND, BY REGION, 2019–2029 (USD/TON)       66

5.10       TRADE ANALYSIS          66

5.10.1    EXPORT SCENARIO       66

TABLE 8             EXPORT DATA FOR HS CODE 382510-MUNICIPAL WASTE, BY COUNTRY,  2020–2022 (USD THOUSAND)          66

FIGURE 30         EXPORT DATA FOR HS CODE 382510-MUNICIPAL WASTE, BY COUNTRY,  2020–2022 (USD THOUSAND)          67

5.10.2    IMPORT SCENARIO       67

TABLE 9             IMPORT DATA FOR HS CODE 382510-MUNICIPAL WASTE, BY COUNTRY,  2020–2022 (USD THOUSAND)          67

FIGURE 31         IMPORT DATA FOR HS CODE 382510-MUNICIPAL WASTE, BY COUNTRY,  2020–2022 (USD THOUSAND)          68

5.11       KEY CONFERENCES AND EVENTS, 2024–2025     68

TABLE 10           SOLID BIOMASS FEEDSTOCK MARKET: CONFERENCES AND EVENTS, 2024–2025        68

5.12       REGULATORY LANDSCAPE       69

5.12.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          69

TABLE 11           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         69

TABLE 12           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70

TABLE 13           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         70

TABLE 14           MIDDLE EAST AND AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         70

TABLE 15           SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         71

TABLE 16           SOLID BIOMASS FEEDSTOCK MARKET: REGULATIONS & POLICIES           71

5.13       PORTER’S FIVE FORCES ANALYSIS         72

FIGURE 32         SOLID BIOMASS FEEDSTOCK MARKET: PORTER’S FIVE FORCES ANALYSIS          73

TABLE 17           SOLID BIOMASS FEEDSTOCK MARKET: PORTER’S FIVE FORCES ANALYSIS          73

5.13.1    THREAT OF SUBSTITUTES         73

5.13.2    BARGAINING POWER OF SUPPLIERS     74

5.13.3    BARGAINING POWER OF BUYERS           74

5.13.4    THREAT OF NEW ENTRANTS    74

5.13.5    INTENSITY OF COMPETITIVE RIVALRY 74

5.14       KEY STAKEHOLDERS AND BUYING CRITERIA    75

5.14.1    KEY STAKEHOLDERS IN BUYING PROCESS         75

FIGURE 33         SOLID BIOMASS FEEDSTOCK MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS     75

TABLE 18           SOLID BIOMASS FEEDSTOCK MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS (%)            75

5.14.2    BUYING CRITERIA         75

FIGURE 34         SOLID BIOMASS FEEDSTOCK MARKET: KEY BUYING CRITERIA FOR TOP END USERS    75

TABLE 19           SOLID BIOMASS FEEDSTOCK MARKET: KEY BUYING CRITERIA FOR TOP END USERS    76

5.15       INVESTMENT AND FUNDING SCENARIO            76

FIGURE 35         INVESTMENT AND FUNDING SCENARIO            76

6            SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE       77

6.1         INTRODUCTION            78

FIGURE 36         SOLID BIOMASS FEEDSTOCK MARKET SHARE, BY SOURCE, 2023 (%)             78

TABLE 20           SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION) 78

TABLE 21           SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION) 78

6.2         AGRICULTURE WASTE 79

6.2.1      ABUNDANT AVAILABILITY TO DRIVE MARKET 79

TABLE 22           AGRICULTURE WASTE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2019–2023 (USD MILLION)             79

TABLE 23           AGRICULTURE WASTE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2024–2029 (USD MILLION)             79

6.3         FOREST WASTE 80

6.3.1      INCREASING ADOPTION OF AI FOR ENHANCED EFFICIENCY TO BOOST MARKET GROWTH        80

TABLE 24           FOREST WASTE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2019–2023 (USD MILLION)     80

TABLE 25           FOREST WASTE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2024–2029 (USD MILLION)     80

6.4         ANIMAL WASTE             81

6.4.1      GROWING NEED TO MANAGE ANIMAL WASTE CONTRIBUTES TO SEGMENT GROWTH     81

TABLE 26           ANIMAL WASTE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2019–2023 (USD MILLION)     81

TABLE 27           ANIMAL WASTE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2024–2029 (USD MILLION)     81

6.5         MUNICIPAL WASTE       82

6.5.1      GOVERNMENT INITIATIVES TO MANAGE MUNICIPAL WASTE THROUGH BIOENERGY SOLUTIONS     82

TABLE 28           MUNICIPAL WASTE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2019–2023 (USD MILLION)     82

TABLE 29           MUNICIPAL WASTE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2024–2029 (USD MILLION)     82

6.5.2      INDUSTRIAL WASTE     83

6.5.3      SOLID WASTE   83

7            SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE             84

7.1         INTRODUCTION            85

FIGURE 37         SOLID BIOMASS FEEDSTOCK MARKET SHARE, BY TYPE, 2023 (%)        85

TABLE 30           SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE, 2019–2023 (MILLION TONS)           85

TABLE 31           SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE, 2024–2029 (MILLION TONS)           85

TABLE 32           SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE, 2019–2023 (USD MILLION) 86

TABLE 33           SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE, 2024–2029 (USD MILLION) 86

7.2         CHIPS   86

7.2.1      GROWING RELIANCE ON CHIPS FOR ENERGY AND HEATING IN RESIDENTIAL & COMMERCIAL APPLICATIONS 86

TABLE 34           CHIPS: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2019–2023 (USD MILLION)          87

TABLE 35           CHIPS: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2024–2029 (USD MILLION)          87

7.3         PELLETS            87

7.3.1      FAVORABLE GOVERNMENT POLICIES TO DRIVE SEGMENT GROWTH              87

TABLE 36           PELLETS: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2019–2023 (USD MILLION)          88

TABLE 37           PELLETS: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2024–2029 (USD MILLION)          88

7.4         BRIQUETTES    88

7.4.1      NEED FOR ALTERNATIVE TO FOSSIL FUELS TO BOOST SEGMENT              88

TABLE 38           BRIQUETTES: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2019–2023 (USD MILLION)     89

TABLE 39           BRIQUETTES: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2024–2029 (USD MILLION)     89

7.5         OTHERS             89

7.5.1      NEED FOR EFFICIENT HANDLING AND STORAGE OF BIOMASS FEEDSTOCK LIKELY TO DRIVE MARKET             89

TABLE 40           OTHERS: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2019–2023 (USD MILLION)          90

TABLE 41           OTHERS: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2024–2029 (USD MILLION)          90

8            SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION           91

8.1         INTRODUCTION            92

FIGURE 38         SOLID BIOMASS FEEDSTOCK MARKET SHARE, BY APPLICATION, 2023 (%) 92

TABLE 42           SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION, 2019–2023 (USD MILLION)     92

TABLE 43           SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     92

8.2         ELECTRICITY   93

8.2.1      GLOBAL NET-ZERO EMISSION GOALS TO DRIVE GROWTH        93

TABLE 44           ELECTRICITY: SOLID BIOMASS MARKET, BY REGION, 2019–2023 (USD MILLION) 93

TABLE 45           ELECTRICITY: SOLID BIOMASS MARKET, BY REGION, 2024–2029 (USD MILLION) 93

8.3         HEAT   94

8.3.1      NEED FOR SUSTAINABLE HEATING SOLUTIONS TO BOOST SEGMENT              94

TABLE 46           HEAT: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2019–2023 (USD MILLION)          94

TABLE 47           HEAT: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2024–2029 (USD MILLION)          94

8.4         BIOFUEL            95

8.4.1      FAVORABLE GOVERNMENT POLICIES DRIVE USE OF BIOFUEL 95

8.4.2      BIODIESEL        95

8.4.3      BIOETHANOL   95

8.4.4      RENEWABLE DIESEL     95

8.4.5      BIOJET FUEL     95

TABLE 48           BIOFUEL: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2019–2023 (USD MILLION)          96

TABLE 49           BIOFUEL: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2024–2029 (USD MILLION)          96

8.5         BIOMETHANE  96

8.5.1      EXISTING INFRASTRUCTURE COMPATIBILITY LIKELY TO BOOST DEMAND FOR BIOMETHANE    96

TABLE 50           BIOMETHANE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2019–2023 (USD MILLION)     97

TABLE 51           BIOMETHANE: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2024–2029 (USD MILLION)     97

9            SOLID BIOMASS FEEDSTOCK MARKET, BY END USER    98

9.1         INTRODUCTION            99

FIGURE 39         SOLID BIOMASS FEEDSTOCK MARKET SHARE, BY END USER, 2023 (%)             99

TABLE 52           SOLID BIOMASS FEEDSTOCK MARKET, BY END USER, 2019–2023 (USD MILLION)     99

TABLE 53           SOLID BIOMASS FEEDSTOCK MARKET, BY END USER, 2024–2029 (USD MILLION)     99

9.2         RESIDENTIAL & COMMERCIAL 100

9.2.1      GROWING NEED FOR SUSTAINABLE HEATING SOLUTIONS DRIVES MARKET            100

TABLE 54           RESIDENTIAL & COMMERCIAL: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2019–2023 (USD MILLION)          100

TABLE 55           RESIDENTIAL & COMMERCIAL: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2024–2029 (USD MILLION)          100

9.3         INDUSTRIAL     101

9.3.1      INCREASING NEED FOR CLEAN ENERGY IN INDUSTRIAL SETTINGS TO BOOST MARKET            101

TABLE 56           INDUSTRIAL: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2019–2023 (USD MILLION)     101

TABLE 57           INDUSTRIAL: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2024–2029 (USD MILLION)     102

9.4         UTILITIES          102

9.4.1      GROWING NEED FOR ADOPTION OF RENEWABLE ENERGY TO DRIVE SEGMENT         102

TABLE 58           UTILITIES: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2019–2023 (USD MILLION)          102

TABLE 59           UTILITIES: SOLID BIOMASS FEEDSTOCK MARKET, BY REGION,  2024–2029 (USD MILLION)          103

10          SOLID BIOMASS FEEDSTOCK MARKET, BY REGION        104

10.1       INTRODUCTION            105

FIGURE 40         SOLID BIOMASS FEEDSTOCK MARKET IN EUROPE TO REGISTER HIGHEST CAGR FROM 2024 TO 2029  105

TABLE 60           SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2019–2023 (USD MILLION) 105

TABLE 61           SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2024–2029 (USD MILLION) 106

TABLE 62           SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2019–2023 (MILLION TONS)           106

TABLE 63           SOLID BIOMASS FEEDSTOCK MARKET, BY REGION, 2024–2029 (MILLION TONS)           106

10.2       ASIA PACIFIC    107

FIGURE 41         ASIA PACIFIC: REGIONAL SNAPSHOT (2023)      108

10.2.1    ASIA PACIFIC: RECESSION IMPACT        108

10.2.2    BY SOURCE       109

TABLE 64           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)    109

TABLE 65           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)    109

10.2.3    BY TYPE             110

TABLE 66           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE,  2019–2023 (USD MILLION)          110

TABLE 67           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE,  2024–2029 (USD MILLION)          110

10.2.4    BY APPLICATION           110

TABLE 68           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2019–2023 (USD MILLION)        110

TABLE 69           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        111

10.2.5    BY END USER    111

TABLE 70           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2019–2023 (USD MILLION)          111

TABLE 71           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2024–2029 (USD MILLION)          111

10.2.6    BY COUNTRY    112

TABLE 72           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2019–2023 (USD MILLION) 112

TABLE 73           ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 112

10.2.6.1 China     112

10.2.6.1.1            Emphasis on harnessing agricultural and forest waste for feedstock to drive market        112

10.2.6.1.2            By source             113

TABLE 74           CHINA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)          113

TABLE 75           CHINA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          113

10.2.6.2 India      113

10.2.6.2.1            Acceleration of clean energy adoption to drive market growth    113

10.2.6.2.2            By source             114

TABLE 76           INDIA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)          114

TABLE 77           INDIA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          114

10.2.6.3 Japan     115

10.2.6.3.1            Ongoing net-zero carbon emission initiatives by government – key driver              115

10.2.6.3.2            By source             115

TABLE 78           JAPAN: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)          115

TABLE 79           JAPAN: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          116

10.2.6.4 Australia 116

10.2.6.4.1            Higher demand for renewable energy resources to boost growth 116

10.2.6.4.2            By source             117

TABLE 80           AUSTRALIA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)    117

TABLE 81           AUSTRALIA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)    117

10.2.6.5 Thailand 117

10.2.6.5.1            Increasing focus on minimizing carbon footprint to stimulate market growth   117

10.2.6.5.2            By source             118

TABLE 82          THAILAND: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)          118

TABLE 83          THAILAND: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)          118

10.2.6.6 Rest of Asia Pacific            118

10.2.6.6.1            By source             119

TABLE 84           REST OF ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET,  BY SOURCE, 2019–2023 (USD MILLION) 119

TABLE 85           REST OF ASIA PACIFIC: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)             119

10.3       EUROPE             119

10.3.1    EUROPE: RECESSION IMPACT   120

FIGURE 42         EUROPE: REGIONAL SNAPSHOT (2023) 120

10.3.2    BY SOURCE       121

TABLE 86           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)          121

TABLE 87           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          121

10.3.3    BY TYPE             121

TABLE 88           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE, 2019–2023 (USD MILLION)          121

TABLE 89           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE, 2024–2029 (USD MILLION)          122

10.3.4    BY APPLICATION           122

TABLE 90           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2019–2023 (USD MILLION)        122

TABLE 91           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        122

10.3.5    BY END USER    123

TABLE 92           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2019–2023 (USD MILLION)          123

TABLE 93           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2024–2029 (USD MILLION)          123

10.3.6    BY COUNTRY    123

TABLE 94           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2019–2023 (USD MILLION)          123

TABLE 95           EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2024–2029 (USD MILLION)          124

10.3.6.1 Germany             124

10.3.6.1.1            Increasing focus on reducing greenhouse gas emissions to drive market              124

10.3.6.1.2            By source             125

TABLE 96           GERMANY: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)          125

TABLE 97           GERMANY: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)          125

10.3.6.2 UK         125

10.3.6.2.1            Increasing focus on net-zero emission goals – key market booster              125

10.3.6.2.2            By source             126

TABLE 98           UK: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)     126

TABLE 99           UK: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)     126

10.3.6.3 France   126

10.3.6.3.1            Increasing utilization of biomass for electricity production and heating purposes 126

10.3.6.3.2            By source             127

TABLE 100         FRANCE: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)          127

TABLE 101         FRANCE: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          127

10.3.6.4 Italy       127

10.3.6.4.1            Growing role in European market through targets, plans, and investments for renewable energy expansion 127

10.3.6.4.2            By source             128

TABLE 102         ITALY: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)          128

TABLE 103         ITALY: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          128

10.3.6.5 Sweden  128

10.3.6.5.1            Innovative strategy for sustainability in renewable energy to boost market              128

10.3.6.5.2            By source             129

TABLE 104         SWEDEN: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)          129

TABLE 105         SWEDEN: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)          129

10.3.6.6 Russia    129

10.3.6.6.1            Biomass exports to drive renewable energy growth      129

10.3.6.6.2            By source             130

TABLE 106         RUSSIA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)          130

TABLE 107         RUSSIA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          130

10.3.6.7 Rest of Europe     130

10.3.6.7.1            By source             131

TABLE 108         REST OF EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)    131

TABLE 109         REST OF EUROPE: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)    131

10.4       NORTH AMERICA          131

FIGURE 43         NORTH AMERICA: REGIONAL SNAPSHOT (2023)             132

10.4.1    NORTH AMERICA: RECESSION IMPACT 132

10.4.2    BY SOURCE       133

TABLE 110         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)    133

TABLE 111         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)    133

10.4.3    BY TYPE             133

TABLE 112         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE,  2019–2023 (USD MILLION)          133

TABLE 113         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE,  2024–2029 (USD MILLION)          134

10.4.4    BY APPLICATION           134

TABLE 114         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2019–2023 (USD MILLION)        134

TABLE 115         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        134

10.4.5    BY END USER    135

TABLE 116         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2019–2023 (USD MILLION) 135

TABLE 117         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2024–2029 (USD MILLION) 135

10.4.6    BY COUNTRY    135

TABLE 118         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2019–2023 (USD MILLION) 135

TABLE 119         NORTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 136

10.4.6.1 US         136

10.4.6.1.1            Favorable government policies and incentives to drive market    136

10.4.6.1.2            By source             136

TABLE 120         US: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)     136

TABLE 121         US: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)     137

10.4.6.2 Canada  137

10.4.6.2.1            Government support for adoption of renewable energy to boost market              137

10.4.6.2.2            By source             137

TABLE 122         CANADA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)          137

TABLE 123         CANADA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)          138

10.4.6.3 Mexico  138

10.4.6.3.1            Increasing renewable electricity generation using solid biomass feedstock – key driver          138

10.4.6.3.2            By source             138

TABLE 124         MEXICO: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)          138

TABLE 125         MEXICO: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          139

10.5       MIDDLE EAST & AFRICA             139

10.5.1    MIDDLE EAST & AFRICA: RECESSION IMPACT   139

10.5.2    BY SOURCE       139

TABLE 126         MIDDLE EAST & ARICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)             139

TABLE 127         MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)         140

10.5.3    BY TYPE             140

TABLE 128         MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE,  2019–2023 (USD MILLION) 140

TABLE 129         MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE,  2024–2029 (USD MILLION) 140

10.5.4    BY APPLICATION           141

TABLE 130         MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2019–2023 (USD MILLION)             141

TABLE 131         MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             141

10.5.5    BY END USER    141

TABLE 132         MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2019–2023 (USD MILLION)      141

TABLE 133         MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2024–2029 (USD MILLION)      142

10.5.6    BY COUNTRY    142

TABLE 134         MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2019–2023 (USD MILLION)      142

TABLE 135         MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2024–2029 (USD MILLION)      142

10.5.6.1 GCC countries     142

10.5.6.1.1            Saudi Arabia        142

10.5.6.1.2            UAE      143

10.5.6.1.3            Other GCC countries         143

10.5.6.1.4            By source             144

TABLE 136         GCC COUNTRIES: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)    144

TABLE 137         GCC COUNTRIES: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)    144

10.5.6.2 Rest of Middle East & Africa            144

10.5.6.2.1            Increasing shift toward bioenergy to drive market growth          144

10.5.6.2.2            By source             145

TABLE 138         REST OF MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)            145

TABLE 139         REST OF MIDDLE EAST & AFRICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)            145

10.6       SOUTH AMERICA           145

10.6.1    SOUTH AMERICA: RECESSION IMPACT 145

10.6.2    BY SOURCE       146

TABLE 140         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)    146

TABLE 141         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)    146

10.6.3    BY TYPE             146

TABLE 142         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE,  2019–2023 (USD MILLION)          146

TABLE 143         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY TYPE,  2024–2029 (USD MILLION)          147

10.6.4    BY APPLICATION           147

TABLE 144         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2019–2023 (USD MILLION)        147

TABLE 145         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        147

10.6.5    BY END USER    148

TABLE 146         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2019–2023 (USD MILLION) 148

TABLE 147         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY END USER,  2024–2029 (USD MILLION) 148

10.6.6    BY COUNTRY    148

TABLE 148         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2019–2023 (USD MILLION) 148

TABLE 149         SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 149

10.6.6.1 Brazil     149

10.6.6.1.1            Rising shift toward biomass energy to drive growth of market    149

10.6.6.1.2            By source             149

TABLE 150         BRAZIL: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)          149

TABLE 151         BRAZIL: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          150

10.6.6.2 Argentina            150

10.6.6.2.1            Abundance of biomass resources – key growth driver   150

10.6.6.2.2            By source             150

TABLE 152         ARGENTINA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)    150

TABLE 153         ARGENTINA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)    151

10.6.6.3 Chile      151

10.6.6.3.1            Government incentive schemes to promote growth of feedstock 151

10.6.6.3.2            By source             151

TABLE 154         CHILE: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2019–2023 (USD MILLION)          151

TABLE 155         CHILE: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE, 2024–2029 (USD MILLION)          152

10.6.6.4 Rest of South America       152

10.6.6.4.1            By source             152

TABLE 156         REST OF SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2019–2023 (USD MILLION)         152

TABLE 157         REST OF SOUTH AMERICA: SOLID BIOMASS FEEDSTOCK MARKET, BY SOURCE,  2024–2029 (USD MILLION)         153

11          COMPETITIVE LANDSCAPE       154

11.1       OVERVIEW        154

11.2       STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023      154

TABLE 158         SOLID BIOMASS FEEDSTOCK MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023      154

11.3       MARKET SHARE ANALYSIS, 2023             155

FIGURE 44         MARKET SHARE ANALYSIS OF TOP PLAYERS, 2023          156

11.4       MARKET EVALUATION FRAMEWORK    156

TABLE 160         MARKET EVALUATION FRAMEWORK 2019–2023 156

11.5       REVENUE ANALYSIS, 2018–2022 157

FIGURE 45         SOLID BIOMASS FEEDSTOCK MARKET: SEGMENTAL REVENUE ANALYSIS,  2018–2022   157

11.5.1    COMPANY VALUATION AND FINANCIAL METRICS        158

FIGURE 46         COMPANY VALUATION 158

FIGURE 47         FINANCIAL METRICS    158

11.6       BRAND/PRODUCT COMPARISON          159

11.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   159

11.7.1    STARS  159

11.7.2    EMERGING LEADERS    159

11.7.3    PERVASIVE PLAYERS     160

11.7.4    PARTICIPANTS 160

FIGURE 48         SOLID BIOMASS FEEDSTOCK MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023      160

11.7.5    COMPANY FOOTPRINT, KEY PLAYERS, 2023       161

11.7.5.1 Company footprint            161

FIGURE 49         SOLID BIOMASS FEEDSTOCK: PRODUCT FOOTPRINT   161

FIGURE 50         SOLID BIOMASS FEEDSTOCK: MARKET FOOTPRINT      162

11.7.5.2 Region footprint  163

TABLE 161         SOLID BIOMASS FEEDSTOCK: REGION FOOTPRINT       163

11.7.5.3 Source footprint   163

TABLE 162         SOLID BIOMASS FEEDSTOCK MARKET: SOURCE FOOTPRINT              163

11.7.5.4 Type footprint     164

TABLE 163         SOLID BIOMASS FEEDSTOCK MARKET: TYPE FOOTPRINT              164

11.7.5.5 Application footprint         165

TABLE 164         SOLID BIOMASS FEEDSTOCK MARKET: APPLICATION FOOTPRINT      165

11.7.5.6 End user footprint             166

TABLE 165         SOLID BIOMASS FEEDSTOCK MARKET: END USER FOOTPRINT              166

11.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          167

11.8.1    PROGRESSIVE COMPANIES       167

11.8.2    RESPONSIVE COMPANIES          167

11.8.3    DYNAMIC COMPANIES 167

11.8.4    STARTING BLOCKS       167

FIGURE 51         SOLID BIOMASS FEEDSTOCK MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 168

11.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             168

11.8.5.1 Key startups/SMES           168

TABLE 166         SOLID BIOMASS FEEDSTOCK MARKET: KEY STARTUPS/SMES              168

11.8.5.2 Competitive benchmarking of key startups/SMES       169

TABLE 167         SOLID BIOMASS FEEDSTOCK MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES  169

11.9       COMPETITIVE SCENARIOS AND TRENDS           170

11.9.1    PRODUCT LAUNCHES  170

TABLE 168         SOLID BIOMASS FEEDSTOCK MARKET: PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2023 170

11.9.2    DEALS  170

TABLE 169         SOLID BIOMASS FEEDSTOCK MARKET: DEALS, JANUARY 2019–DECEMBER 2023            170

11.9.3    EXPANSIONS    171

TABLE 170         SOLID BIOMASS FEEDSTOCK MARKET: EXPANSIONS, JANUARY 2019–DECEMBER 2023   171

12          COMPANY PROFILES    173

12.1       KEY PLAYERS   173

(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Right to win, Strategic choices made, and Weaknesses and Competitive threats)*

12.1.1    DRAX GROUP PLC         173

FIGURE 52         DRAX GROUP PLC: COMPANY SNAPSHOT         174

12.1.2    ENVIVA INC.      177

FIGURE 53         ENVIVA INC.: COMPANY SNAPSHOT      177

12.1.3    ARBAFLAME     182

TABLE 181         ARBAFLAME: DEALS     182

TABLE 182         ARBAFLAME: EXPANSIONS        183

12.1.4    REDAL 185

TABLE 183         REDAL: BUSINESS OVERVIEW   185

TABLE 184         REDAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED   185

12.1.5    ECOSTRAT INC.              188

TABLE 186         ECOSTRAT INC.: BUSINESS OVERVIEW 188

TABLE 187         ECOSTRAT INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              188

12.1.6    STORA ENSO     190

FIGURE 54         STORA ENSO: COMPANY SNAPSHOT     191

12.1.7    SEGEZHA GROUP          192

TABLE 190         SEGEZHA GROUP: BUSINESS OVERVIEW            192

FIGURE 55         SEGEZHA GROUP: COMPANY SNAPSHOT           193

12.1.8    LIGNETICS, INC.             194

TABLE 192         LIGNETICS, INC.: BUSINESS OVERVIEW 194

TABLE 193         LIGNETICS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          194

12.1.9    RENTECH, INC. 196

TABLE 195         RENTECH, INC.: BUSINESS OVERVIEW  196

12.1.10  LAND ENERGY LTD       197

TABLE 197         LAND ENERGY LTD: BUSINESS OVERVIEW         197

TABLE 198         LAND ENERGY LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED          197

12.1.11  SUPREME INDUSTRIES 198

TABLE 199         SUPREME INDUSTRIES: BUSINESS OVERVIEW   198

12.1.12  WISMAR PELLETS GMBH           200

TABLE 201         WISMAR PELLETS GMBH: BUSINESS OVERVIEW 200

12.1.13  SHREE INDUSTRIES       201

TABLE 204         SHREE INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          201

12.1.14  MALLARD CREEK INC   202

12.1.15  SUBHAM INDUSTRIES   203

TABLE 207         SUBHAM INDUSTRIES: BUSINESS OVERVIEW     203

12.2       OTHER PLAYERS           204

12.2.1    FRAM FUELS     204

12.2.2    GILDALE FARMS            204

12.2.3    GOMBELLA INTEGRATED SERVICES LTD.          205

12.2.4    VALFEI PRODUCTS INC.             205

12.2.5    FOREST CONCEPTS      206

12.2.6    BLACKWOOD TECHNOLOGY    206

12.2.7    JP GREEN FUELS            207

12.2.8    GRAANUL INVEST         207

12.2.9    VIRIDIS ENERGY INC.    208

12.2.10  GROWMORE BIOTECH LTD      208

*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Right to win, Strategic choices made, and Weaknesses and Competitive threats might not be captured in case of unlisted companies.

13          APPENDIX         209

13.1       INSIGHTS FROM INDUSTRY EXPERTS   209

13.2       DISCUSSION GUIDE      209

13.3       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             214

13.4       CUSTOMIZATION OPTIONS      216

13.5       RELATED REPORTS       216

13.6       AUTHOR DETAILS         217