Market by Feedstock, Technology, Application, and Regional Outlook | Forecast 2022-2028
The term “biomass power”
refers to the power generated from renewable organic waste matter that is
usually disposed of in landfills, left in the forest to serve as fuel fodder,
or burnt outdoors. In biomass-based power plants, wood or other debris is burnt
to generate steam that powers the turbine and turns it into electricity in
order to provide heat to businesses and buildings, as a commercial application.
Organic material known as biomass is created by both terrestrial and aquatic
plants, as well as its byproducts.
According to Triton Market Research’s report, the Global Biomass Power Market is likely to grow with CAGRs of 6.08% (by revenue) and 6.51% (by volume) in the forecast period 2022-2028. In terms of revenue, the market was valued at $74.05 billion in 2021 and is expected to reach a revenue of $111.07 billion by 2028. Whereas, in terms of volume, it was valued at 6775.45 million MWh in 2021 and is expected to reach 10448.15 million MWh by 2028.
Click here to check out our blog on the Global Biomass Power Market
MARKET PERFORMANCE – DRIVERS, CHALLENGES, AND TRENDS
The
drivers for the biomass power market are favorable government policies &
regulations and the low cost of energy produced by
biomass-fired power plants. Less likely
available engines and combined heat & power systems that may run on
biogas, natural gas, or propane, are sold by a large number of firms, mostly in
Europe. Some of these systems are offered in the United States, with outputs
ranging from 20,000 British thermal units (Btu) per hour, or around 2 kilowatts
(kW), to several megawatts (MW). Given that natural waste serves as the primary
raw material, biomass power plants require less capital than certain other
energy-producing facilities, which is beneficial for market growth.
The
key challenges include resources of seasonal availability of biomass material
and the availability of alternatives for biomass power.
Renewable energy options that can be used in place of biomass power include
solar and wind energy. Solar and wind power have evolved into better
possibilities as a result of greater research & development, as well as the
availability of financial incentives internationally. These factors have led to
a rapid expansion of the solar and wind energy markets during the past 10
years. This can prove detrimental to the growth of the biomass power market.
The rising environmental concerns, however, enhance the scope of the biomass power market. Greenhouse gas (GHG) emissions, which have a bigger impact on climate change and global warming, can be reduced with the use of biomass. Biomass emissions are far lower than those from fossil fuels. The primary difference between biomass and fossil fuels in terms of carbon emissions is that when biomass is burned to provide electricity, all of the CO2 that the plant had absorbed throughout its growth is released back into the atmosphere. While the greenhouse effect is exacerbated by the atmospheric emissions of CO2 from fossil fuels, the use of biomass power aids in environmental cleanup.
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KEY GEOGRAPHIES COVERED:
• North America: United States and Canada
• Europe:
United Kingdom, France, Germany, Spain, Italy, Belgium, Poland, Norway, and
Rest of Europe
• Asia-Pacific:
China, Japan, India, Australia, South Korea, ASEAN Countries, and Rest of
Asia-Pacific
• Latin America: Brazil, Mexico, Argentina, and Rest of Latin America
• Middle East and Africa: Turkey, United Arab Emirates, South Africa, Egypt, and Rest of
Middle East & Africa
SEGMENTATION ANALYSIS – BIOMASS POWER MARKET
• Market
by Feedstock:
o Solid Biomass
o Liquid Biomass
o Biogas
o Municipal Solid Waste
Biogas
is estimated to progress with the highest revenue CAGR in this segment during
the forecast period. Organic
material breaks down naturally to produce biogas, which is a renewable energy
source. It is important to distinguish between biogas and “natural” gas, a
non-renewable energy source. Both biofuels—biomass and biogas—can be burned to
provide electricity.
• Market by
Technology:
o Anaerobic Digestion
o Combustion
o Gasification
o Co-firing & CHP
o LFG
Combustion
leads the segment, with the highest revenue share in 2021. Combustion is the most common method for converting
solid biomass fuels into energy. It accounts for more than 80% to 90% of all
biomass-based energy produced worldwide. Also, combustion technology is easier
to use and less expensive to run. This is expected to favor its use over
alternatives during the course of the forecast timeframe.
• Market by
Application:
o Residential
o Commercial
o Industrial
COMPETITIVE LANDSCAPE:
The competitive
landscape helps dive into data about the key players in the biomass power
market. The strategic initiatives for each of the companies considered have been
covered in detail.
Acquisition
(September 2022): Veolia Environnement SA and Suez SA
As part of the promises
made by Veolia to the Competition & Markets Authority, Suez inked an agreement
with Veolia for acquiring Suez’s former waste operations in the UK, for an
asset value of $1.9 billion. Suez’s waste management operations will be
strengthened by this deal, and the proportion of its global operations will
rise.
Veolia Environnement SA
designs and implements solutions for water, waste, and energy management. The
company offers comprehensive energy solutions for the whole conversion cycle
derived from biomass material waste, by purchasing energies entering an
industrial site. With Suez’s acquisition, it has the potential to have building
facilities on biomass plants.
KEY BENEFITS OF THE REPORT:
· Triton Market Research has a collective experience of 25-30 years in the industry, with its analysts and experts encompassing the most infallible research methodology for its market intelligence and industry analysis.
· Our research methodology helps in achieving a broader consensus of the market size, shape, and industry trends within each industry segment.
· The strategy adopted in designing the research methodology includes the amalgamation of the information assembled from primary and secondary sources, with the assistance of analytical tools to construct the forecast and predictive models.
·
The scope of the market report
comprises the current scenario of the global biomass power market, along with
the detailed overview of the industry outlook, market dynamics, segmentation
analysis, regional outlook, and competitive landscape for the period 2022-2028.
FAQs:
Q 1) What is biomass power?
Biomass power is the power
generated from renewable organic waste matter that is usually disposed of in
landfills, left in the forest to serve as fuel fodder, or burnt outdoors.
Q 2) What
is the forecast period considered for the biomass power market?
The forecast period considered for the biomass power
market is 2022-2028.
Q 3) Which
sub-segment leads the feedstock segment in the biomass
power market in terms of volume?
Solid biomass leads the
feedstock segment in the biomass power market in terms of volume.
1. GLOBAL
BIOMASS POWER MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE BIOMASS POWER MARKET
2.2. KEY
INSIGHT
2.2.1. INCREASED
DEMAND FOR BIOMASS DUE TO RISING ENVIRONMENTAL CONCERNS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
BUYING IMPACT ANALYSIS
2.4.1. FAVORABLE
REGULATIONS
2.4.2. APPLICATIONS
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. REGULATORY
FRAMEWORK
2.9. KEY
MARKET STRATEGIES
2.9.1. ACQUISITIONS
2.9.2. PRODUCT
LAUNCHES
2.9.3. CONTRACTS
& AGREEMENTS
2.9.4. BUSINESS
EXPANSIONS
2.10. MARKET
DRIVERS
2.10.1. FAVORABLE
GOVERNMENT POLICIES AND REGULATIONS
2.10.2. MINIMUM
EXPENDITURE REQUIRED TO PRODUCE ENERGY FROM BIOMASS-FIRED POWER PLANTS
2.11. MARKET
CHALLENGES
2.11.1. AVAILABILITY
OF ALTERNATE RENEWABLE ENERGY SOURCES
2.11.2. SEASONAL
AVAILABILITY OF BIOMASS MATERIAL
2.12. MARKET
OPPORTUNITIES
2.12.1. GROWING
OPPORTUNITY FOR BIOMASS ENERGY IN EUROPE
2.12.2. PREFERENCE
FOR BIOMASS AND BIOGAS TO ATTAIN CIRCULAR ECONOMY GOALS
3. GLOBAL
BIOMASS POWER MARKET OUTLOOK – BY FEEDSTOCK
3.1. SOLID
BIOMASS
3.2. LIQUID
BIOMASS
3.3. BIOGAS
3.4. MUNICIPAL
SOLID WASTE
4. GLOBAL
BIOMASS POWER MARKET OUTLOOK – BY TECHNOLOGY
4.1. ANAEROBIC
DIGESTION
4.2. COMBUSTION
4.3. GASIFICATION
4.4. CO-FIRING
& CHP
4.5. LFG
5. GLOBAL
BIOMASS POWER MARKET OUTLOOK – BY APPLICATION
5.1. RESIDENTIAL
5.2. COMMERCIAL
5.3. INDUSTRIAL
6. GLOBAL
BIOMASS POWER MARKET – REGIONAL OUTLOOK
6.1. NORTH
AMERICA
6.1.1. MARKET
OUTLOOK BY FEEDSTOCK
6.1.2. MARKET
OUTLOOK BY FEEDSTOCK
6.1.3. MARKET
OUTLOOK BY TECHNOLOGY
6.1.4. MARKET
OUTLOOK BY APPLICATION
6.1.5. COUNTRY
ANALYSIS
6.1.5.1. UNITED
STATES
6.1.5.2. CANADA
6.2. EUROPE
6.2.1. MARKET
OUTLOOK BY FEEDSTOCK
6.2.2. MARKET
OUTLOOK BY FEEDSTOCK
6.2.3. MARKET
OUTLOOK BY TECHNOLOGY
6.2.4. MARKET
OUTLOOK BY APPLICATION
6.2.5. COUNTRY
ANALYSIS
6.2.5.1. GERMANY
6.2.5.2. UNITED
KINGDOM
6.2.5.3. FRANCE
6.2.5.4. ITALY
6.2.5.5. NORWAY
6.2.5.6. SPAIN
6.2.5.7. BELGIUM
6.2.5.8. POLAND
6.2.5.9. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
OUTLOOK BY FEEDSTOCK
6.3.2. MARKET
OUTLOOK BY FEEDSTOCK
6.3.3. MARKET
OUTLOOK BY TECHNOLOGY
6.3.4. MARKET
OUTLOOK BY APPLICATION
6.3.5. COUNTRY
ANALYSIS
6.3.5.1. CHINA
6.3.5.2. INDIA
6.3.5.3. JAPAN
6.3.5.4. SOUTH
KOREA
6.3.5.5. AUSTRALIA
6.3.5.6. ASEAN
COUNTRIES
6.3.5.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
OUTLOOK BY FEEDSTOCK
6.4.2. MARKET
OUTLOOK BY FEEDSTOCK
6.4.3. MARKET
OUTLOOK BY TECHNOLOGY
6.4.4. MARKET
OUTLOOK BY APPLICATION
6.4.5. COUNTRY
ANALYSIS
6.4.5.1. BRAZIL
6.4.5.2. MEXICO
6.4.5.3. ARGENTINA
6.4.5.4. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST AND AFRICA
6.5.1. MARKET
OUTLOOK BY FEEDSTOCK
6.5.2. MARKET
OUTLOOK BY FEEDSTOCK
6.5.3. MARKET
OUTLOOK BY TECHNOLOGY
6.5.4. MARKET
OUTLOOK BY APPLICATION
6.5.5. COUNTRY
ANALYSIS
6.5.5.1. UNITED
ARAB EMIRATES
6.5.5.2. EGYPT
6.5.5.3. TURKEY
6.5.5.4. SOUTH
AFRICA
6.5.5.5. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. MITSUBISHI
HEAVY INDUSTRIES LTD
7.2. GENERAL
ELECTRIC COMPANY
7.3. THERMAX
LTD
7.4. SUEZ
SA
7.5. XCEL
ENERGY INC
7.6. RAMBOLL
GROUP
7.7. BABCOCK
& WILCOX ENTERPRISES
7.8. ORSTED
7.9. AMERESCO
INC
7.10. VATTENFALL
AB
7.11. E.ON
ENERGY
7.12. VEOLIA
ENVIRONNEMENT SA
7.13. VALMET
OYJ
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL BIOMASS
POWER MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 2: GLOBAL BIOMASS
POWER MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN MILLION MWH)
TABLE 3: VENDOR SCORECARD
TABLE 4: REGULATORY
FRAMEWORK
TABLE 5: LIST OF
ACQUISITIONS
TABLE 6: LIST OF
PRODUCT LAUNCHES
TABLE 7: LIST OF
CONTRACTS & AGREEMENTS
TABLE 8: LIST OF
BUSINESS EXPANSIONS
TABLE 9: GLOBAL BIOMASS
POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 10: GLOBAL
BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN MILLION MWH)
TABLE 11: GLOBAL
BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 12: GLOBAL
BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 13: GLOBAL BIOMASS
POWER MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 14: GLOBAL
BIOMASS POWER MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 15: NORTH AMERICA
BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 16: NORTH AMERICA
BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 17: NORTH AMERICA
BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 18: NORTH AMERICA
BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 19: NORTH AMERICA
BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 20: NORTH AMERICA
BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 21: EUROPE
BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 22: EUROPE BIOMASS
POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 23: EUROPE
BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 24: EUROPE
BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 25: EUROPE
BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 26: EUROPE
BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 27: ASIA-PACIFIC
BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 28: ASIA-PACIFIC
BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 29: ASIA-PACIFIC
BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 30: ASIA-PACIFIC
BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 31: ASIA-PACIFIC
BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 32: ASIA-PACIFIC
BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 33: LATIN AMERICA
BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 34: LATIN AMERICA
BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 35: LATIN AMERICA
BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 36: LATIN AMERICA
BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 37: LATIN AMERICA
BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 38: LATIN AMERICA
BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 39: MIDDLE EAST
AND AFRICA BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 40: MIDDLE EAST
AND AFRICA BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 41: MIDDLE EAST
AND AFRICA BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 42: MIDDLE EAST
AND AFRICA BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 43: MIDDLE EAST
AND AFRICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 44: MIDDLE EAST
AND AFRICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)
FIGURE 1: KEY BUYING IMPACT ANALYSIS
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: POWER GENERATION FLOW IN A BIOMASS POWER PLANT
FIGURE 5: GLOBAL WIND AND SOLAR POWER, INSTALLED CAPACITY, 2015-2019 (GW)
FIGURE 6: GLOBAL BIOMASS POWER MARKET, BY FEEDSTOCK, 2021 & 2028 (IN
%)
FIGURE 7: GLOBAL BIOMASS POWER MARKET, BY SOLID BIOMASS, 2022-2028 (IN $
BILLION)
FIGURE 8: GLOBAL BIOMASS POWER MARKET, BY LIQUID BIOMASS, 2022-2028 (IN $
BILLION)
FIGURE 9: GLOBAL BIOMASS POWER MARKET, BY BIOGAS, 2022-2028 (IN $
BILLION)
FIGURE 10: GLOBAL BIOMASS POWER MARKET, BY MUNICIPAL SOLID WASTE,
2022-2028 (IN $ BILLION)
FIGURE 11: GLOBAL BIOMASS POWER MARKET, BY TECHNOLOGY, 2021 & 2028
(IN %)
FIGURE 12: GLOBAL BIOMASS POWER MARKET, BY ANAEROBIC DIGESTION, 2022-2028
(IN $ BILLION)
FIGURE 13: GLOBAL BIOMASS POWER MARKET, BY COMBUSTION, 2022-2028 (IN $
BILLION)
FIGURE 14: BIOMASS GASIFICATION PROCESS
FIGURE 15: GLOBAL BIOMASS POWER MARKET, BY GASIFICATION, 2022-2028 (IN $
BILLION)
FIGURE 16: GLOBAL BIOMASS POWER MARKET, BY CO-FIRING & CHP, 2022-2028
(IN $ BILLION)
FIGURE 17: GLOBAL BIOMASS POWER MARKET, BY LFG, 2022-2028 (IN $ BILLION)
FIGURE 18: GLOBAL BIOMASS POWER MARKET, BY APPLICATION, 2021 & 2028
(IN %)
FIGURE 19: GLOBAL BIOMASS POWER MARKET, BY RESIDENTIAL, 2022-2028 (IN $
BILLION)
FIGURE 20: GLOBAL BIOMASS POWER MARKET, BY COMMERCIAL, 2022-2028 (IN $
BILLION)
FIGURE 21: GLOBAL BIOMASS POWER MARKET, BY INDUSTRIAL, 2022-2028 (IN $
BILLION)
FIGURE 22: GLOBAL BIOMASS POWER MARKET, REGIONAL OUTLOOK, 2021 & 2028
(IN %)
FIGURE 23: NORTH AMERICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2021
& 2028 (IN %)
FIGURE 24: UNITED STATES BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 25: CANADA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 26: EUROPE BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2021 & 2028
(IN %)
FIGURE 27: GERMANY BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 28: UNITED KINGDOM BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 29: FRANCE BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 30: ITALY BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 31: NORWAY BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 32: SPAIN BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 33: BELGIUM BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 34: POLAND BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 35: REST OF EUROPE BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 36: ASIA-PACIFIC BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2021 &
2028 (IN %)
FIGURE 37: CHINA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 38: INDIA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 39: JAPAN BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 40: SOUTH KOREA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 41: AUSTRALIA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 42: ASEAN COUNTRIES BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 43: REST OF ASIA-PACIFIC BIOMASS POWER MARKET 2022-2028 (IN $
BILLION)
FIGURE 44: LATIN AMERICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2021
& 2028 (IN %)
FIGURE 45: BRAZIL BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 46: MEXICO BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 47: ARGENTINA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 48: REST OF LATIN AMERICA BIOMASS POWER MARKET 2022-2028 (IN $
BILLION)
FIGURE 49: MIDDLE EAST AND AFRICA BIOMASS POWER MARKET, COUNTRY OUTLOOK,
2021 & 2028 (IN %)
FIGURE 50: UNITED ARAB EMIRATES BIOMASS POWER MARKET 2022-2028 (IN $
BILLION)
FIGURE 51: EGYPT BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 52: TURKEY BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 53: SOUTH AFRICA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 54: REST OF MIDDLE EAST & AFRICA BIOMASS POWER MARKET
2022-2028 (IN $ BILLION)