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Report
Bioenergy With Carbon Capture And Storage Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By End Use (Ethanol Production, Pulp & Paper Mills, Cement Production, Biogas Production, Electrical Power Plants, Heat Power Plants), By Technology (Oxy-combustion, Pre-combustion, Post-combustion), By Form of Energy (Heat, Electricity, Biofuels, Others), By Application (Biomass Conversion, Carbon Storage), By Region
Market Report I 2022-08-01 I 71 Pages I TechSci Research
The global bioenergy with carbon capture and storage market is projected to grow at a significant rate during the forecast period, 2023-2027. The market growth can be attributed to the rising demand for biofuels and a surge in the production of biofuels to obtain energy from biomass.
Fossil fuel combustion emits a considerable amount of carbon during various forms of electricity generation. Carbon capture and storage is used to reduce carbon emissions or to use them in a way that do not harm the environment. Bioenergy with carbon capture and storage is a beneficial technology that removes carbon from the atmosphere while producing renewable energy in the form of heat, electricity, and transportation fuels.
When the residues and byproducts of forestry, agriculture, and organic wastes are treated, the CO2 emitted from the process, along with other CO2 emissions, can be caught and utilized in other chemical processes or stored underground. Carbon dioxide generated by plants during photosynthesis cannot be re-emitted, but must be stored underground or in plant products. As a result, carbon is removed from the environment, which helps in the reduction of global warming.
Fuel demand has increased due to rising need for power generation and consumption. Due to increasing concerns about excessive fuel use, the demand for biofuels is increasing. To balance production and consumption, various methods of bio-fuel generation are used, and thus biofuels' growing demand is driving the growth of the global bioenergy with carbon capture and storage market in the next five years.
Due to exhaustive fossil fuels, the higher demand for power generation, environmental degradation, loss of non-renewable resources, etc. biofuels are higher in demand and require higher production to satisfy the growing population's demands. Moreover, bio-fuels production and storage have a lot of room for improvement in terms of reducing the cost of fuel for the consumers. Thus, demands for efficient and nature friendly fuels for the power generation supports the growth of the global bioenergy with carbon capture and storage market in the next five years.
Although some biofuel production is natural, its utilization and increasing production require technological advancements in manufacturing units, chemical procedure conductions, and engine re-modelings so that biofuels can be used instead of fossil fuels. For example, specifically built electric automobiles are made that run on electricity rather than oil or petroleum products. The government is assisting research groups and market companies in investing in research and new product development so that more industrial processes and manufacturing units can operate on bio-fuels and reduce their reliance on fossil fuels.
The global bioenergy with carbon capture and storage market segmentation is based on end use, technology, form of energy, application, regional distribution, and competitive landscape. Based on end use, the market is divided into ethanol production, pulp & paper mills, cement production, biogas production, electrical power plants, and heat power plants. Ethanol production is expected to hold the largest share in the global bioenergy with carbon capture and storage market during the forecast period, owing to the higher growth of agricultural fields of food grains and use of ethanol as a fossil fuel in vehicles.
Market players operating in the global bioenergy with carbon capture and storage market are Drax Group, FS-Fueling Sustainability, Sekab BioFuels & Chemicals AB, Chevron Corporation, Schlumberger New Energy, Clean Energy Systems, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of the global bioenergy with carbon capture and storage from 2017 to 2021.
- To estimate and forecast the market size of global bioenergy with carbon capture and storage market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the global bioenergy with carbon capture and storage market based on end use, technology, form of energy, application, region, and company.
- To identify the dominant region or segment in the global bioenergy with carbon capture and storage market.
- To identify drivers and challenges for the global bioenergy with carbon capture and storage market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global bioenergy with carbon capture and storage market.
- To identify and analyze the profiles of leading players operating in the global bioenergy with carbon capture and storage market.
- To identify key sustainable strategies adopted by market players in global bioenergy with carbon capture and storage market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the Global bioenergy with carbon capture and storage market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global bioenergy with carbon capture and storage market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Bioenergy With Carbon Capture And Storage Market, By End Use:
o Ethanol Production
o Pulp & Paper Mills
o Cement Production
o Biogas Production
o Electrical Power Plants
o Heat Power Plants
- Bioenergy With Carbon Capture And Storage Market, By Technology:
o Oxy-combustion
o Pre-combustion
o Post-combustion
- Bioenergy With Carbon Capture And Storage Market, By Form of Energy:
o Heat
o Electricity
o Biofuels
o Others
- Bioenergy With Carbon Capture And Storage Market, By Application:
o Biomass Conversion
o Carbon Storage
- Bioenergy With Carbon Capture And Storage Market, By Region:
o North America
- United States
- Mexico
- Canada
o Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
o Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
o Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
o South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global bioenergy with carbon capture and storage market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Bioenergy with Carbon Capture and Storage Market
4. Executive Summary
5. Voice of Customer
5.1.1. Brand Awareness
5.1.2. Factors Considered while Selecting a Supplier
5.1.3. Customer Satisfaction Level
5.1.4. Major Challenges Faced
6. Global Bioenergy with Carbon Capture and Storage Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By End Use (Ethanol Production, Pulp & Paper Mills, Cement Production, Biogas Production, Electrical Power Plants, Heat Power Plants)
6.2.2. By Technology (Oxy-combustion, Pre-combustion, Post-combustion)
6.2.3. By Form of Energy (Heat, Electricity, Biofuels, Others)
6.2.4. By Application (Biomass Conversion, Carbon Storage)
6.2.5. By Region
6.2.6. By Company
6.3. Product Market Map
7. North America Bioenergy with Carbon Capture and Storage Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By End Use
7.2.2. By Technology
7.2.3. By Form of Energy
7.2.4. By Application
7.2.5. By Country
7.3. North America: Country Analysis
7.3.1. United States Bioenergy with Carbon Capture and Storage Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By End Use
7.3.1.2.2. By Technology
7.3.1.2.3. By Form of Energy
7.3.1.2.4. By Application
7.3.2. Canada Bioenergy with Carbon Capture and Storage Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By End Use
7.3.2.2.2. By Technology
7.3.2.2.3. By Form of Energy
7.3.2.2.4. By Application
7.3.3. Mexico Bioenergy with Carbon Capture and Storage Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By End Use
7.3.3.2.2. By Technology
7.3.3.2.3. By Form of Energy
7.3.3.2.4. By Application
8. Asia-Pacific Bioenergy with Carbon Capture and Storage Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By End Use
8.2.2. By Technology
8.2.3. By Form of Energy
8.2.4. By Application
8.2.5. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Bioenergy with Carbon Capture and Storage Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By End Use
8.3.1.2.2. By Technology
8.3.1.2.3. By Form of Energy
8.3.1.2.4. By Application
8.3.2. India Bioenergy with Carbon Capture and Storage Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By End Use
8.3.2.2.2. By Technology
8.3.2.2.3. By Form of Energy
8.3.2.2.4. By Application
8.3.3. Japan Bioenergy with Carbon Capture and Storage Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By End Use
8.3.3.2.2. By Technology
8.3.3.2.3. By Form of Energy
8.3.3.2.4. By Application
8.3.4. South Korea Bioenergy with Carbon Capture and Storage Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By End Use
8.3.4.2.2. By Technology
8.3.4.2.3. By Form of Energy
8.3.4.2.4. By Application
8.3.5. Australia Bioenergy with Carbon Capture and Storage Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By End Use
8.3.5.2.2. By Technology
8.3.5.2.3. By Form of Energy
8.3.5.2.4. By Application
9. Europe Bioenergy with Carbon Capture and Storage Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By End Use
9.2.2. By Technology
9.2.3. By Form of Energy
9.2.4. By Application
9.2.5. By Country
9.3. Europe: Country Analysis
9.3.1. Germany Bioenergy with Carbon Capture and Storage Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By End Use
9.3.1.2.2. By Technology
9.3.1.2.3. By Form of Energy
9.3.1.2.4. By Application
9.3.2. United Kingdom Bioenergy with Carbon Capture and Storage Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By End Use
9.3.2.2.2. By Technology
9.3.2.2.3. By Form of Energy
9.3.2.2.4. By Application
9.3.3. France Bioenergy with Carbon Capture and Storage Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By End Use
9.3.3.2.2. By Technology
9.3.3.2.3. By Form of Energy
9.3.3.2.4. By Application
9.3.4. Italy Bioenergy with Carbon Capture and Storage Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By End Use
9.3.4.2.2. By Technology
9.3.4.2.3. By Form of Energy
9.3.4.2.4. By Application
9.3.5. Spain Bioenergy with Carbon Capture and Storage Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By End Use
9.3.5.2.2. By Technology
9.3.5.2.3. By Form of Energy
9.3.5.2.4. By Application
10. South America Bioenergy with Carbon Capture and Storage Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By End Use
10.2.2. By Technology
10.2.3. By Form of Energy
10.2.4. By Application
10.2.5. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Bioenergy with Carbon Capture and Storage Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By End Use
10.3.1.2.2. By Technology
10.3.1.2.3. By Form of Energy
10.3.1.2.4. By Application
10.3.2. Argentina Bioenergy with Carbon Capture and Storage Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By End Use
10.3.2.2.2. By Technology
10.3.2.2.3. By Form of Energy
10.3.2.2.4. By Application
10.3.3. Colombia Bioenergy with Carbon Capture and Storage Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By End Use
10.3.3.2.2. By Technology
10.3.3.2.3. By Form of Energy
10.3.3.2.4. By Application
11. Middle East & Africa Bioenergy with Carbon Capture and Storage Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By End Use
11.2.2. By Technology
11.2.3. By Form of Energy
11.2.4. By Application
11.2.5. By Country
11.3. Middle East & Africa: Country Analysis
11.3.1. Saudi Arabia Bioenergy with Carbon Capture and Storage Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By End Use
11.3.1.2.2. By Technology
11.3.1.2.3. By Form of Energy
11.3.1.2.4. By Application
11.3.2. South Africa Bioenergy with Carbon Capture and Storage Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By End Use
11.3.2.2.2. By Technology
11.3.2.2.3. By Form of Energy
11.3.2.2.4. By Application
11.3.3. UAE Bioenergy with Carbon Capture and Storage Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By End Use
11.3.3.2.2. By Technology
11.3.3.2.3. By Form of Energy
11.3.3.2.4. By Application
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Company Profiles
14.1. Drax Group
14.2. FS-Fueling Sustainability
14.3. Sekab BioFuels & Chemicals AB
14.4. Chevron Corporation
14.5. Schlumberger New Energy
14.6. Clean Energy Systems
15. Strategic Recommendations
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