The Europe biomass gasification market size reached 216.0 TWh in 2023. Looking forward, IMARC Group expects the market to reach 321.0 TWh by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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216.0 TWh |
Market Forecast in 2032
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321.0 TWh |
Market Growth Rate 2024-2032 | 4.4% |
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 report, along with forecasts at the regional and country level from 2024-2032. 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.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | TWh |
Segment Coverage | Source, Country |
Countries Covered | Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
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) |