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Biomass Electricity Market Size and Forecast (2020 - 2035), Global and Regional Growth, Trend, Share and Industry Analysis Report Coverage: By Feedstock (Solid Biofuel, Liquid Biofuel, Biogas and Municipal Solid Waste (MSW)), Technology (Direct Combustion, Gasification, Anaerobic Digestion, Pyrolysis and Co-firing), End-user (Utilities, Industrial and Commercial & Residential) and Geography.

  • PUBLISHED ON
  • 2025-04-03
  • NO OF PAGES
  • 280
  • CATEGORY
  • Energy & Power

Biomass Electricity Market Overview

The Biomass Electricity market revenue is anticipated to grow significantly from 2025 to 2035, driven by increasing demand for sustainable energy, government incentives, and advancements in biomass conversion technologies. By 2025, the Biomass Electricity market value is projected to reach around USD 133.97 Billion. Looking ahead to 2035, it is expected to expand further to about USD 224.16 Billion. This represents an annual growth rate of 6.4% over the ten-year period.

The Global Biomass Electricity Market forecast focuses on power generation from organic materials such as wood, agricultural waste, and municipal solid waste. Biomass electricity is a key component of the renewable energy sector. The Global Biomass Electricity Market trends analysis refers to the sector within the renewable energy industry that focuses on the generation of electricity using biomass feedstock—organic materials derived from plants, animals, and waste sources. Biomass electricity is produced through various processes, including direct combustion, gasification, anaerobic digestion, and pyrolysis, which convert biomass into energy, either by burning it directly or transforming it into biofuels or biogas. This market encompasses power generation, transmission, and distribution of electricity derived from biomass, catering to industrial, commercial, and residential energy needs. It is driven by government policies promoting renewable energy, carbon reduction targets, and advancements in biomass conversion technologies. Biomass electricity is often integrated with existing power infrastructure through standalone biomass plants, co-firing with coal, and decentralized off-grid solutions.


Biomass Electricity Market Drivers and Opportunities

Increasing Energy Security & Reducing Dependence on Fossil Fuels is anticipated to lift the Biomass Electricity market growth during the forecast period

Biomass electricity provides an alternative to coal, natural gas, and oil, reducing reliance on imported fossil fuels. Many countries aim to diversify their energy mix by incorporating biomass as a stable and dispatchable renewable source compared to intermittent sources like solar and wind. Biomass electricity contributes significantly to energy security by utilizing locally available resources such as agricultural residues, forestry waste, and municipal solid waste. This localization diminishes reliance on imported fossil fuels, fostering national energy independence and stabilizing energy supply chains. For instance, in the United Kingdom, biomass accounted for 8.6% of the energy supply in 2023, underscoring its role in diversifying the energy mix and enhancing security. Transitioning to biomass electricity addresses environmental concerns associated with fossil fuel consumption, notably greenhouse gas emissions. Biomass is considered carbon-neutral, as the CO₂ released during combustion is offset by the CO₂ absorbed during the growth of the biomass feedstock. This characteristic positions biomass as a sustainable alternative, aiding countries in meeting climate goals and reducing their carbon footprint. The European Union's Renewable Energy Directive has propelled biomass energy investments, with countries like Sweden, Germany, and the U.K. leading the way. Europe holds a significant share of the biomass electricity market, driven by stringent regulations and ambitious carbon reduction targets. In 2024, the biomass and renewable municipal waste segment accounted for approximately 79% of the total installed capacity in the bioenergy market, highlighting its dominance in the renewable energy sector.

Rising Concerns About Climate Change & Carbon Emissions is a vital driver for influencing the growth of the global Biomass Electricity market

​​​ Rising concerns about climate change and the imperative to reduce carbon emissions are significantly propelling the global biomass electricity market growth. As nations strive to meet environmental targets and transition to sustainable energy systems, biomass electricity emerges as a pivotal solution. The escalating impacts of climate change have intensified the focus on reducing greenhouse gas emissions. In 2024, global energy demand surged by 2.2%, leading to a 0.8% increase in carbon dioxide emissions, totaling 37.8 billion metric tons. This rise underscores the urgent need for cleaner energy alternatives. Biomass electricity, generated from organic materials such as agricultural residues, forestry waste, and dedicated energy crops, offers a renewable and carbon-neutral energy source. The carbon dioxide released during biomass combustion is offset by the carbon absorbed during the growth of the biomass feedstock, resulting in a balanced carbon cycle. This characteristic positions biomass electricity as a viable alternative to fossil fuels, aiding in the reduction of overall carbon emissions. According to the IEA, modern bioenergy use is on an upward trend, with significant growth projected in the coming years. Bioenergy used for electricity generation is expected to nearly double, from generating about 700 TWh of electricity in 2023 to around 1,250 TWh in 2030. Compared to fossil fuel power plants, biomass electricity plants emit significantly lower levels of greenhouse gases. The concept of Bioenergy with Carbon Capture and Storage (BECCS) further enhances the potential of biomass electricity by capturing and storing CO2 emissions, contributing to negative emissions.

Advancements in Biomass Technology is poised to create significant opportunities in the global Biomass Electricity market

​​Technological advancements in biomass electricity generation are poised to significantly create lucrative opportunity for global biomass electricity market during the forecast period. Innovations in conversion technologies, enhanced efficiency, and integration capabilities are making biomass electricity more competitive and sustainable. Modern combustion systems have improved efficiency and reduced emissions. Techniques such as fluidized bed combustion allow for better heat transfer and lower pollutant formation. ​ Gasification converts biomass into syngas (a mixture of hydrogen and carbon monoxide), which can be used for electricity generation or as a feedstock for biofuels. This process offers higher efficiency and lower emissions compared to traditional combustion. Anaerobic Digestion technology breaks down organic matter in the absence of oxygen to produce biogas, primarily composed of methane. Biogas can be used for electricity generation, heating, or as a vehicle fuel, providing a versatile energy source from waste materials. ​ Integrating biomass with coal in existing power plants (co-firing) reduces greenhouse gas emissions and allows for a gradual transition to renewable energy without significant infrastructure changes. ​ Combined Heat and Power (CHP) systems simultaneously generate electricity and useful heat from biomass, achieving efficiencies of over 80%. This dual output maximizes energy utilization and reduces overall emissions. For instance, Drax Group has transitioned its power station from coal to biomass, becoming one of the largest renewable power generators in Europe. The company has also signed agreements to supply biomass for sustainable aviation fuel production, demonstrating the versatility of biomass energy.

Biomass Electricity Market Scope

Report Attributes

Description

Market Size in 2025

USD 133.97 Billion

Market Forecast in 2035

USD 224.16 Billion

CAGR % 2025-2035

6.4%

Base Year

2024

Historic Data

2020-2024

Forecast Period

2025-2035

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

  • By Feedstock
  • By Technology
  • By End-user

Regional Scope

  • North America,
  • Europe,
  • APAC,
  • Latin America
  • Middle East and Africa

Country Scope

  1. U.S.
  2. Canada
  3. U.K.
  4. Germany
  5. France
  6. Italy
  7. Spain
  8. Benelux
  9. Nordic Countries
  10. Russia
  11. China
  12. India
  13. Japan
  14. South Korea
  15. Australia
  16. Indonesia
  17. Thailand
  18. Mexico
  19. Brazil
  20. Argentina
  21. Saudi Arabia
  22. UAE
  23. Egypt
  24. South Africa
  25. Nigeria

Biomass Electricity Market Report Segmentation Analysis

The Global Biomass Electricity Market analysis is segmented into by Feedstock, by Technology, by End-user and by Region.

Solid Biofuel segment is anticipated to hold the highest share of the global Biomass Electricity market during the projected timeframe.

By Feedstock, the Biomass Electricity market is segmented into Solid Biofuel, Liquid Biofuel, Biogas, and Municipal Solid Waste (MSW). Solid Biofuel segment dominate the global Biomass Electricity market share of around 82% among others. Solid biofuels, encompassing materials like wood pellets, agricultural residues, and forestry waste, hold a substantial share in biomass electricity generation. Resources such as agricultural residues, forestry waste, and dedicated energy crops are widely accessible. Solid biofuels offer substantial energy output per unit, making them efficient for power generation. Combustion technologies for solid biofuels are well-developed and widely implemented. ​However, biogas segment is expected to grow at a higher CAGR during the forecast period.  Biogas produced through anaerobic digestion of organic materials, biogas is increasingly contributing to the biomass electricity market.

The Direct Combustion segment is anticipated to hold the highest share of the market over the forecast period.

On the basis of Technology, the market is bifurcated into Direct Combustion, Gasification, Anaerobic Digestion, Pyrolysis and Co-firing. Direct Combustion currently dominates the Biomass Electricity market. Direct combustion is the most widely utilized technology in biomass electricity generation. This method involves burning biomass feedstocks such as wood, agricultural residues, and municipal solid waste to produce steam, which drives turbines to generate electricity. Its dominance is attributed to its technological maturity and simplicity. Direct Combustion is the most established biomass electricity generation method, direct combustion benefits from proven reliability and widespread implementation. ​ However, emerging technologies like gasification and anaerobic digestion are gaining traction, driven by their efficiency and integration with waste management practices. Pyrolysis and co-firing occupy niche segments, with their adoption influenced by ongoing research, economic factors, and policy support.

The Utility segment is expected to dominate the market during the forecast period.

Based on End-user, the Biomass Electricity market is segmented into Utilities, Industrial and Commercial & Residential. Utilities represent the largest segment in the biomass electricity market. This dominance is attributed to their capacity to implement large-scale biomass electricity plants, benefiting from economies of scale and contributing significantly to national grids. Utilities operate extensive biomass electricity plants, contributing substantially to overall electricity production. Biomass electricity plants managed by utilities are often integrated into national grids, ensuring consistent energy supply.​

The following segments are part of an in-depth analysis of the global Biomass Electricity market:

Market Segments

By Feedstock

  • Solid Biofuel
  • Wood Pellet
  • Agricultural Residues
  • Wood Chips
  • Energy Crops
  • Liquid Biofuel
  • Biodiesel
  • Bioethanol
  • Others
  • Biogas
  • Municipal Solid Waste (MSW)

By Technology

  • Direct Combustion
  • Gasification
  • Anaerobic Digestion
  • Pyrolysis
  • Co-firing

By End-user

  • Utilities
  • Industrial
  • Commercial & Residential

Biomass Electricity Market Share Analysis by Region

Europe is projected to hold the largest share of the global Biomass Electricity market over the forecast period.

Europe leads the global biomass electricity market, accounting for approximately 40% of the biomass electricity market share in 2024. The European Union's Renewable Energy Directive mandates member states to increase the share of renewable energy, including biomass, in their energy mix. European countries have invested in advanced biomass conversion technologies, enhancing efficiency and reducing emissions. Emphasis on reducing greenhouse gas emissions has led to increased adoption of biomass energy solutions. Germany is a leader in the European biomass electricity sector, holding approximately 18.6% of the market share. In 2023, the country's installed biomass electricity capacity reached 10.0 GW. he Climate Action Programme 2030 aims to increase the share of renewable energy to 65% by 2030, promoting biomass as a key component. ​ Germany effectively uses wood, wood waste, and biogas produced from organic matter decomposition for electricity generation. The UK is among the top European countries in biomass electricity capacity and utilization. The UK government provides subsidies and incentives to promote biomass energy, aiming to reduce carbon emissions and enhance energy security.  As of February 2025, the UK has 875 MW of bioenergy projects under construction, expected to increase the country's bioenergy capacity by 20% upon completion. Sweden is a significant player in the European biomass electricity market, with substantial capacity and utilization. Sweden boasts a high share of renewable energy in its electricity consumption, with 87.5% of electricity generated from renewable sources in 2023. The country emphasizes sustainable biomass sourcing and efficient energy production methods. Denmark relies heavily on solid biomass imports for energy due to limited domestic forest biomass potential. In 2023, renewable sources accounted for 79.4% of Denmark's gross electricity consumption. However, The Asia-Pacific region is anticipated to grow at a higher CAGR of the global biomass electricity market during the forecast period.

Biomass Electricity Market Competition Landscape Analysis

The global Biomass Electricity (GIT) market share is characterized by a mix of established multinational corporations and regional players, each contributing to the market's competitive dynamics. Companies are investing in research and development to enhance biomass conversion efficiencies and reduce operational costs.

Global Biomass Electricity Market Recent Developments News:

Drax Group's U.S. Expansion: In September 2024, Drax Group, a UK-based electricity producer, announced plans to invest up to $12.5 billion in the United States to construct biomass electricity plants utilizing bioenergy with carbon capture and storage (BECCS) technology. This strategic move aims to capitalize on U.S. energy subsidies and growing demand for renewable energy.

Drax and Pathway Energy Agreement: In January 2025, Drax signed a significant supply agreement with Pathway Energy to provide over one million tonnes of biomass annually from its plants in Louisiana and Mississippi to a new facility in Texas. This collaboration focuses on producing sustainable aviation fuel, contributing to the reduction of carbon emissions in the aviation sector.

Ishikari Area Biomass electricity Plant: In April 2023, Marubeni Corporation and Taisei Corporation initiated the construction of a wood-based biomass electricity plant in Ishikari City, Hokkaido, Japan. The plant, named Ishikari Area Biomass electricity Plant, is designed with a generation capacity of 9,950 kW and aims to bolster Japan's renewable energy infrastructure.

The Global Biomass Electricity Market is dominated by a few large companies, such as

·         Drax Group

·         Enviva

·         Vattenfall AB

·         Ørsted A/S

·         General Electric (GE)

·         Babcock & Wilcox Enterprises, Inc.

·         Mitsubishi Heavy Industries

·         Veolia

·         EnviTec Biogas AG

·         E.ON SE

·         Others                                                                                       


1.      Global Biomass Electricity Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Biomass Electricity Market Scope and Market Estimation

1.2.1. Global Biomass Electricity Overall Market Size (US$ Bn), Market CAGR (%), Market forecast (2025 - 2035)

1.2.2. Global Biomass Electricity Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2021 - 2035

1.3.    Market Segmentation

1.3.1. Feedstock of Global Biomass Electricity Market

1.3.2. Technology of Global Biomass Electricity Market

1.3.3. End-user of Global Biomass Electricity Market

1.3.4. Region of Global Biomass Electricity Market

2.      Executive Summary

2.1.    Demand Side Trends

2.2.    Key Market Trends

2.3.    Market Demand (US$ Bn) Analysis 2021 – 2024 and Forecast, 2025 – 2035

2.4.    Demand and Opportunity Assessment

2.5.    Demand Supply Scenario

2.6.    Market Dynamics

2.6.1. Drivers

2.6.2. Limitations

2.6.3. Opportunities

2.6.4. Impact Analysis of Drivers and Restraints

2.7.    Pricing Trends Analysis

2.8.    Overview of Technology Developments

2.9.    Porter’s Five Forces Analysis

2.9.1. Bargaining Power of Suppliers

2.9.2. Bargaining Power of Buyers

2.9.3. Threat of Substitutes

2.9.4. Threat of New Entrants

2.9.5. Competitive Rivalry

2.10.  PEST Analysis

2.10.1.   Political Factors

2.10.2.   Economic Factors

2.10.3.   Social Factors

2.10.4.   Technology Factors

2.11.  Value Chain / Ecosystem Analysis

2.12.  Key Regulation

3.      Global Biomass Electricity Market Estimates & Historical Trend Analysis (2021 - 2024)

4.      Global Biomass Electricity Market Estimates & Forecast Trend Analysis, by Feedstock

4.1.    Global Biomass Electricity Market Revenue (US$ Bn) Estimates and Forecasts, by Feedstock, 2021 - 2035

4.1.1. Solid Biofuel

4.1.1.1.              Wood Pellet

4.1.1.2.              Agricultural Residues

4.1.1.3.              Wood Chips

4.1.1.4.              Energy Crops

4.1.2. Liquid Biofuel

4.1.2.1.              Biodiesel

4.1.2.2.              Bioethanol

4.1.2.3.              Others

4.1.3. Biogas

4.1.4. Municipal Solid Waste (MSW)

5.      Global Biomass Electricity Market Estimates & Forecast Trend Analysis, by Technology

5.1.    Global Biomass Electricity Market Revenue (US$ Bn) Estimates and Forecasts, by Technology, 2021 - 2035

5.1.1. Direct Combustion

5.1.2. Gasification

5.1.3. Anaerobic Digestion

5.1.4. Pyrolysis

5.1.5. Co-firing

6.      Global Biomass Electricity Market Estimates & Forecast Trend Analysis, by End-user

6.1.    Global Biomass Electricity Market Revenue (US$ Bn) Estimates and Forecasts, by End-user, 2021 - 2035

6.1.1. Utilities

6.1.2. Industrial

6.1.3. Commercial & Residential

7.      Global Biomass Electricity Market Estimates & Forecast Trend Analysis, by Region

7.1.    Global Biomass Electricity Market Revenue (US$ Bn) Estimates and Forecasts, by Region, 2021 - 2035

7.1.1. North America

7.1.2. Eastern Europe

7.1.3. Western Europe

7.1.4. Asia Pacific

7.1.5. Middle East & Africa

7.1.6. Latin America

8.      North America Biomass Electricity Market: Estimates & Forecast Trend Analysis

8.1.    North America Biomass Electricity Market Assessments & Key Findings

8.1.1. North America Biomass Electricity Market Introduction

8.1.2. North America Biomass Electricity Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

8.1.2.1.   By Feedstock

8.1.2.2.   By Technology

8.1.2.3.   By End-user

8.1.2.4.   By Country

8.1.2.4.1.     The U.S.

8.1.2.4.2.     Canada

8.1.2.4.3.     Mexico

9.      Western Europe Biomass Electricity Market: Estimates & Forecast Trend Analysis

9.1.    Western Europe Biomass Electricity Market Assessments & Key Findings

9.1.1. Western Europe Biomass Electricity Market Introduction

9.1.2. Western Europe Biomass Electricity Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

9.1.2.1.   By Feedstock

9.1.2.2.   By Technology

9.1.2.3.   By End-user

9.1.2.4.        By Country

9.1.2.4.1.      Germany

9.1.2.4.2.      Italy

9.1.2.4.3.      U.K.

9.1.2.4.4.      France

9.1.2.4.5.      Spain

9.1.2.4.6.      Benelux

9.1.2.4.7.      Nordics

9.1.2.4.8.     Rest of W. Europe

10.  Eastern Europe Biomass Electricity Market: Estimates & Forecast Trend Analysis

10.1.  Eastern Europe Biomass Electricity Market Assessments & Key Findings

10.1.1.   Eastern Europe Biomass Electricity Market Introduction

10.1.2.   Eastern Europe Biomass Electricity Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

10.1.2.1.    By Feedstock

10.1.2.2.    By Technology

10.1.2.3.    By End-user

10.1.2.4.    By Country

10.1.2.4.1.  Russia

10.1.2.4.2.  Hungary

10.1.2.4.3.  Poland

10.1.2.4.4.  Balkan & Baltics

10.1.2.4.5. Rest of E. Europe

11.  Asia Pacific Biomass Electricity Market: Estimates & Forecast Trend Analysis

11.1.  Asia Pacific Market Assessments & Key Findings

11.1.1.   Asia Pacific Biomass Electricity Market Introduction

11.1.2.   Asia Pacific Biomass Electricity Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

11.1.2.1.    By Feedstock

11.1.2.2.    By Technology

11.1.2.3.    By End-user

11.1.2.4.    By Country

11.1.2.4.1. China

11.1.2.4.2. Japan

11.1.2.4.3. India

11.1.2.4.4. Australia & New Zealand

11.1.2.4.5. South Korea

11.1.2.4.6. ASEAN

11.1.2.4.7. Rest of Asia Pacific

12.  Middle East & Africa Biomass Electricity Market: Estimates & Forecast Trend Analysis

12.1.  Middle East & Africa Market Assessments & Key Findings

12.1.1.   Middle East & Africa Biomass Electricity Market Introduction

12.1.2.   Middle East & Africa Biomass Electricity Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

12.1.2.1.    By Feedstock

12.1.2.2.    By Technology

12.1.2.3.    By End-user

12.1.2.4.    By Country

12.1.2.4.1. UAE

12.1.2.4.2. Saudi Arabia

12.1.2.4.3. Turkey

12.1.2.4.4. South Africa

12.1.2.4.5. Rest of MEA

13.  Latin America Biomass Electricity Market: Estimates & Forecast Trend Analysis

13.1.  Latin America Market Assessments & Key Findings

13.1.1.   Latin America Biomass Electricity Market Introduction

13.1.2.   Latin America Biomass Electricity Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

13.1.2.1.    By Feedstock

13.1.2.2.    By Technology

13.1.2.3.    By End-user

13.1.2.4.    By Country

13.1.2.4.1. Brazil

13.1.2.4.2. Argentina

13.1.2.4.3. Colombia

13.1.2.4.4. Rest of LATAM

14.  Country Wise Market: Introduction

15.  Competition Landscape

15.1.  Global Biomass Electricity Market Product Mapping

15.2.  Global Biomass Electricity Market Concentration Analysis, by Leading Players / Innovators / Emerging Players / New Entrants

15.3.  Global Biomass Electricity Market Tier Structure Analysis

15.4.  Global Biomass Electricity Market Concentration & Company Market Shares (%) Analysis, 2024

16.  Company Profiles

16.1.      Drax Group

16.1.1.   Company Overview & Key Stats

16.1.2.   Financial Performance & KPIs

16.1.3.   Product Portfolio

16.1.4.   SWOT Analysis

16.1.5.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

16.2.      Enviva

16.3.      Vattenfall AB

16.4.      Ørsted A/S

16.5.      General Electric (GE)

16.6.      Babcock & Wilcox Enterprises, Inc.

16.7.      Mitsubishi Heavy Industries

16.8.      Veolia

16.9.      EnviTec Biogas AG

16.10.  E.ON SE

16.11.  Others

17.  Research Methodology

17.1.  External Transportations / Databases

17.2.  Internal Proprietary Database

17.3.  Primary Research

17.4.  Secondary Research

17.5.  Assumptions

17.6.  Limitations

17.7.  Report FAQs

18.  Research Findings & Conclusion

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size of Biomass Electricity Market in 2025?

Biomass Electricity Market was valued at USD 133.97 Billion in 2025.

What is the growth rate for the Biomass Electricity Market?

Biomass Electricity Market size will increase at approximate CAGR of 6.4% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the market are Drax Group, Enviva, Vattenfall AB, Ørsted A/S, General Electric (GE), Babcock & Wilcox Enterprises, Inc., Mitsubishi Heavy Industries, Veolia, EnviTec Biogas AG, E.ON SE and others.

Which region dominates the Biomass Electricity Market?

Europe dominates the market with an active share of 40%.

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