Asia Pacific Biomass Energy Market Growth Analysis - Forecast Trends and Outlook (2025-2034)
Market Report I 2025-08-12 I 110 Pages I EMR Inc.
The Asia Pacific biomass energy market reached a value of about 63.46 Gigawatt in 2024. The market is further expected to grow at a CAGR of 9.00% in the forecast period of 2025-2034to reach value of around 150.23 Gigawatt by 2034.
Rising Demand for Biogas to Augment the Biomass Energy Industry Growth
The market is segmented on the basis of type into solid biomass, liquid biomass, and biogas, among others. Out of these, biogas is considered to be growing at a rapid pace due to the growing focus on gasification technology. The gasification method converts solid biomass into gaseous fuels that are further wont to generate electricity with remaining gas used as synthesis gas in chemical industries. Gasification technology is gaining traction due to its ability to significantly reduce carbon emissions while producing a high calorific gas from a renewable source. Meanwhile, the direct biomass combustion technology occupies a significant place in the industry. Direct biomass combustion technology has relatively non-complex operations, higher reliability, and lower cost in comparison to other advanced biomass power technologies. However, its use may witness a decline as other efficient technologies come up in the market.
China to Provide Enhanced Growth Opportunities to the Asia Pacific Biomass Energy Industry
China is the world's fastest-growing region in terms of infrastructure construction, tremendous spending, and a growing industrialisation pattern. These aspects have led to the development of several manufacturing and commercial facilities in the country, thus, resulting in increased demand for energy sources. In the Asia Pacific economy, China is constantly looking forward to growing its importance. As per the 2018 World Investment Survey, China, Hong Kong, and Singapore are the three big countries that have earned the highest FDI investments. India and Japan have a growing ability to satisfy the need for biomass energy due to the growth of the manufacturing sector and increasing chemical operations.
Biomass Energy: Market Segmentation
Bio-energy may be described as energy produced from biological and renewable sources (biomass); bio-energy can be derived in the form of heat or converted into electricity for delivery. Biomass also can be converted into biofuels, which are lightweight feedstock for use in the generation of bio-energy. Biofuels are classified as feedstock intended for the production of bio-energy, derived directly or indirectly from biomass. Biofuels can be in solid form (fuelwood, biomass, wood pellets, briquettes, and others) or liquid (bioethanol, biodiesel).
By source, the market is categorised into:
- Wood
- Agricultural Crops and Residues
- Animal Residues
- Municipal Solid Waste and Sewage
- Others
Based on segment, the market is bifurcated into:
- Renewable
- Non-Renewable
On the basis of type, the market is divided into:
- Solid Biomass
- Liquid Biomass
- Biogas
- Others
Among these, while the solid biomass segment is subdivided into electricity and others, the liquid biomass segment is divided into ethanol, and biodiesel, among others, based on type.
By application, the market is segmented into:
- Commercial
- Industrial
- Others
The regional markets for the product include:
- China
- Japan
- India
- Australia
- South Korea
- others
Increasing Demand for Energy Efficiency to Bolster the Growth of the Biomass Energy Industry in the Asia Pacific
The Asia Pacific biomass energy industry is being supported by the growth of the industrial biomass boiler industry and the growing focus on sustainable development. The Asia Pacific industrial biomass boiler market is projected to be on an up-surging trend owing to the growing adoption of biomass-based energy sources. This is due to the depleting fossil fuel supplies and increasing energy demand across countries such as China, India, and others. The adoption of biomass boilers to satisfy energy demand is one of the major factors that is leading to the development of the Asia Pacific industrial biomass boiler industry. The favourable government policies enabling thermal power plants to move from coal to cleaner fuels, such as biomass, are projected to play a crucial role in demand growth over the forecast period. Biomass produces bioenergy that is used in many end-use markets to decrease reliance on fossil fuels, mitigate greenhouse gas (GHG) emissions, and increase the reliability of the energy supply. Moreover, the decrease in coal use along with the increasing use of wood biomass for distributed electricity generation is anticipated to positively impact the industry landscape.
The developing economies are the prominent countries indulged in adopting the energy-efficient fuels, which drive the market development. The growing demand for energy-efficient fuels like biomass would also lead to the increasing acceptance of biomass energy, which in the coming era will propel the demand for biomass energy.
Key Industry Players in the Asia Pacific Biomass Energy Market
The report gives a detailed analysis of the following key players in the Asia Pacific biomass energy market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- ACCIONA Group.
- Mitsui E&S Engineering Co., Ltd
- Hitachi Zosen Corporation
- Anaergia Inc.
- DP CleanTech
- Jyoti Bio Energy Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Biomass Energy Market Overview
5.1 Key Industry Highlights
5.2 Global Biomass Energy Historical Market (2018-2024)
5.3 Global Biomass Energy Market Forecast (2025-2034)
5.4 Global Biomass Energy Market by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 Asia Pacific Biomass Energy Market Analysis
6.1 Key Industry Highlights
6.2 Asia Pacific Biomass Energy Historical Market (2018-2024)
6.3 Asia Pacific Biomass Energy Market Forecast (2025-2034)
6.4 Asia Pacific Biomass Energy Market by Source
6.4.1 Wood
6.4.1.1 Historical Trend (2018-2024)
6.4.1.2 Forecast Trend (2025-2034)
6.4.2 Agricultural Crops and Residues
6.4.2.1 Historical Trend (2018-2024)
6.4.2.2 Forecast Trend (2025-2034)
6.4.3 Animal Residues
6.4.3.1 Historical Trend (2018-2024)
6.4.3.2 Forecast Trend (2025-2034)
6.4.4 Municipal Solid Waste and Sewage
6.4.4.1 Historical Trend (2018-2024)
6.4.4.2 Forecast Trend (2025-2034)
6.4.5 Others
6.5 Asia Pacific Biomass Energy Market by Segment
6.5.1 Renewable
6.5.1.1 Historical Trend (2018-2024)
6.5.1.2 Forecast Trend (2025-2034)
6.5.2 Non-Renewable
6.5.2.1 Historical Trend (2018-2024)
6.5.2.2 Forecast Trend (2025-2034)
6.6 Asia Pacific Biomass Energy Market by Type
6.6.1 Solid Biomass
6.6.1.1 Historical Trend (2018-2024)
6.6.1.2 Forecast Trend (2025-2034)
6.6.1.3 Breakup by Type
6.6.1.3.1 Electricity
6.6.1.3.1.1 Historical Trend (2018-2024)
6.6.1.3.1.2 Forecast Trend (2025-2034)
6.6.1.3.2 Others
6.6.2 Liquid Biomass
6.6.2.1 Historical Trend (2018-2024)
6.6.2.2 Forecast Trend (2025-2034)
6.6.2.3 Breakup by Type
6.6.2.3.1 Ethanol
6.6.2.3.1.1 Historical Trend (2018-2024)
6.6.2.3.1.2 Forecast Trend (2025-2034)
6.6.2.3.2 Biodiesel
6.6.2.3.2.1 Historical Trend (2018-2024)
6.6.2.3.2.2 Forecast Trend (2025-2034)
6.6.2.3.3 Others
6.6.3 Biogas
6.6.3.1 Historical Trend (2018-2024)
6.6.3.2 Forecast Trend (2025-2034)
6.6.4 Others
6.7 Asia Pacific Biomass Energy Market by Application
6.7.1 Commercial
6.7.1.1 Historical Trend (2018-2024)
6.7.1.2 Forecast Trend (2025-2034)
6.7.2 Industrial
6.7.2.1 Historical Trend (2018-2024)
6.7.2.2 Forecast Trend (2025-2034)
6.7.3 Others
6.8 Asia Pacific Biomass Energy Market by Country
6.8.1 China
6.8.2 Japan
6.8.3 India
6.8.4 Australia
6.8.5 South Korea
6.8.6 Others
7 Regional Analysis
7.1 China
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Japan
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 India
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Australia
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 South Korea
7.5.1 Historical Trend (2018-2024)
7.5.2 Forecast Trend (2025-2034)
8 Market Dynamics
8.1 SWOT Analysis
8.1.1 Strengths
8.1.2 Weaknesses
8.1.3 Opportunities
8.1.4 Threats
8.2 Porter's Five Forces Analysis
8.2.1 Supplier's Power
8.2.2 Buyers Power
8.2.3 Threat of New Entrants
8.2.4 Degree of Rivalry
8.2.5 Threat of Substitutes
8.3 Key Indicators for Demand
8.4 Key Indicators for Price
9 Value Chain Analysis
10 Competitive Landscape
10.1 Supplier Selection
10.2 Key Global Players
10.3 Key Regional Players
10.4 Key Player Strategies
10.5 Company Profiles
10.5.1 ACCIONA Group
10.5.1.1 Company Overview
10.5.1.2 Product Portfolio
10.5.1.3 Demographic Reach and Achievements
10.5.1.4 Financial Summary
10.5.1.5 Certifications
10.5.2 Mitsui E&S Engineering Co., Ltd
10.5.2.1 Company Overview
10.5.2.2 Product Portfolio
10.5.2.3 Demographic Reach and Achievements
10.5.2.4 Financial Summary
10.5.2.5 Certifications
10.5.3 Hitachi Zosen Corporation
10.5.3.1 Company Overview
10.5.3.2 Product Portfolio
10.5.3.3 Demographic Reach and Achievements
10.5.3.4 Financial Summary
10.5.3.5 Certifications
10.5.4 Anaergia Inc.
10.5.4.1 Company Overview
10.5.4.2 Product Portfolio
10.5.4.3 Demographic Reach and Achievements
10.5.4.4 Financial Summary
10.5.4.5 Certifications
10.5.5 DP CleanTech
10.5.5.1 Company Overview
10.5.5.2 Product Portfolio
10.5.5.3 Demographic Reach and Achievements
10.5.5.4 Financial Summary
10.5.5.5 Certifications
10.5.6 Jyoti Bio Energy Limited
10.5.6.1 Company Overview
10.5.6.2 Product Portfolio
10.5.6.3 Demographic Reach and Achievements
10.5.6.4 Financial Summary
10.5.6.5 Certifications
10.5.7 Others
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