Albany – NY, Oct. 20, 2015 (GLOBE NEWSWIRE) — Biomass power generation comprises power generation from human and natural carbon-containing waste. These waste products are derived from various sources, including by-products from the timber industry, sugarcane crops, woody plants, agricultural residue, oil-rich algae, and organic municipal and industrial waste. Power generation through biomass is gaining popularity. Recovering energy from garbage has evolved over the years from simple incineration of waste in an uncontrolled environment to controlled combustion of waste, which ensures environment friendliness. Biomass is an ideal substitute for conventional fossil fuels used for heating and power generation. There are a number of processes that generate energy from a wide variety of biomass products. Conversion technologies release energy directly in the form of heat or electricity, or convert biomass into other forms, such as liquid biofuel or combustible biogas.
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Global biomass power generation market to grow at a CAGR of 5.5% during 2014-2019. Global Biomass Power Generation Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and growth prospects of the global biomass power generation market for the period 2015-2019. The research provides segmentation by feedstock, including:
- Woody crops
- Agricultural biomass
- Urban residue
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A detailed geographical segmentation of the market is presented in the report, along with the global installed capacity for 2014. The projected installed capacity for 2019 is also provided in the report, along with leading biomass power producing countries.
The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. However, this report does not provide the market shares of the vendors; it merely ranks the key vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by market at large, as well as the key trends emerging in the market.
- Drax Group
- Helius Energy
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Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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