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India Biomass Market Share, Trends _ Forecast 2030

India biomass market, which is estimated to reach a value of ~US$ 4 Bn by the end of 2030. Renewable power generation using biomass has significantly reduced methane emissions, which is relatively more harmful to the atmosphere as compared to CO2 emissions.

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India Biomass Market Share, Trends _ Forecast 2030

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  1. 1/16/23, 6:48 PM India Biomass Market Share, Trends | Forecast 2030 Search report Keywords Home / Energy and Natural Resources / India Biomass Market India Biomass Market Rep Id : TMRGL77221 India Biomass Market (Feedstock: Agricultural Waste, Wood & Woody Residue, Solid Waste, and November 2021 Others; Product: Biodiesel, Bioethanol, Biogas, and Others; Application: Power Generation, Heating, Energy and Natural Resources and Others; and Technology: Thermal, Biochemical, Electrochemical, and Physical Conversion) - 120 Pages Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030 Download FREE Sample Report Preview Table of Content Transparency Plus Schemes Supporting Biomass Cogeneration Projects Generate Export Opportunities for Companies Select License Type The launch of new schemes is anticipated to generate incremental opportunities for companies in the India biomass market. For instance, the Ministry of New and Renewable Energy (MNRE) in Single User license $5795 India announced a scheme to support biomass-based cogeneration in sugar mills and other Multi-User license $8795 industries. It is found that India has the capability to generate several thousands of megawatts of renewable energy from biomass available in bagasse cogeneration from sugar mills. Corporate license $11795 Moreover, the Indian Government’s financial assistance is projected to play an instrumental role Buy Now for energy generation through biomass cogeneration projects. With the help of the Government’s financial aid, companies in the India biomass market are Safe and Secure SSL Encrypted investing in their exports capacities to tap into revenue opportunities. Moreover, surplus Get A Special pricing for start-ups and universities. biomass availability, especially from the agriculture sector, is another key driver that is fueling the market growth. The launch of new schemes in the support of biomass cogeneration projects Request Discount is playing a vital role to leverage capacity additions in small biogas plants located in remote and rural parts of India. - Need More Info? - Enquiry Before Buying Request Methodology Ask References Free Customization - Want to customize this report? - We employ Market Analysis, Benchmarking, Corporate Intelligence, and Technological Intelligence to understand specific requirements and customize report with a quick turnaround time in a dynamic business environment. We offer 100% Free Customization at the time of purchase Connect To Analyst Investments by Foreign Green Energy Companies Assure Reliable Power Supply for Indian Businesses The India biomass market is attracting investments from green energy companies outside of - Trusted Partners - India to capitalize on value-grab opportunities. For instance, in October 2019, Bloom Energy-a provider of sustainable and cost-efficient on-site electricity for organizations announced a joint effort with EnergyPower, a zero carbon and net zero emissions technology company to deploy https://www.transparencymarketresearch.com/india-biomass-market.html 1/6

  2. 1/16/23, 6:48 PM India Biomass Market Share, Trends | Forecast 2030 its first-of-its-kind commercial scale on-site project to power organizations in India. There is a Quick Contact 866-552-3453 growing demand for integrated solutions for the supply of clean and reliable power to businesses in India. +1-518-618-1030 Contact by email To understand how our report can bring difference to your business strategy, Ask for a brochure Why trust Us? 35,000+ Research Reports Novel agricultural and municipal waste digesters are being combined with the solid oxide fuel cell technology to deploy reliable and renewable power sources to customers. Such technological advancements are powering growth of the India biomass market, which is - Related Reports - estimated to reach a value of ~US$ 4 Bn by the end of 2030. Renewable power generation Marine Propulsion and Auxiliary Power Market using biomass has significantly reduced methane emissions, which is relatively more harmful to Wood-based Batteries Market the atmosphere as compared to CO2 emissions. Multi Energy Systems Market Storage of Biomass Plays Instrumental Role for Maintaining Strong Supply Chains Medium and Low Voltage DC System Market Photovoltaics Market Customers in the India biomass market are assured continuous energy flow through biomass energy generation, unlike wind and solar energy, which is subject to energy fluctuations. However, poor supply chains are some of the biggest hurdles that are inhibiting market growth. This can be attributed to biomass availability is not certain during the year. For instance, biomass from agriculture is available only after the harvesting period, which indicates that the raw material can only last up to a few months. Hence, companies in the India biomass market are procuring and storing the required volume of biomass to avoid supply chain fluctuations. Among all agriculture-intensive states in India, companies in Uttar Pradesh are utilizing their biomass up to its full potential, due to the abundance of sugarcane industries. The India biomass market is flourishing due to increased availability of co-generation power plants in North Indian states, where the market is estimated to expand at a CAGR of ~8% during the forecast period. Nationwide Lockdown Curtails Energy Generation Activities Until Coronavirus Pandemic Lasts The Punjab State Transmission Corporation Limited (PSTCL) has recently announced the cutback of renewable power generation until coronavirus (COVID-19) outbreak subsides. The Government is imposing the force majeure clause for renewable energy generators since continuation power generation could significantly impact supply chains. Apart from business activities in the India biomass market, other industries related to biomass generation are also experiencing a curtailment in various business processes. Moreover, lack of free flow in public transport is another restraining factor that has caused a major slowdown in the market landscape. Apart from biomass, energy generators of solar and wind have also been forced to shut down their business activities. Cogen power, biogas, and mini hydel projects are experiencing a halt in revenue generation. As such, energy generators are positively responding to regulations issues under the nationwide lockdown. https://www.transparencymarketresearch.com/india-biomass-market.html 2/6

  3. 1/16/23, 6:48 PM India Biomass Market Share, Trends | Forecast 2030 Stuck in a neck-to-neck competition with other brands? Request a custom report on India Biomass Market  Analysts’ Viewpoint The India biomass market is undergoing a slight downtrend, as state governments have issued a curtailment on renewable energy generation activities until the COVID-19 outbreak subsides. Foreign green energy companies are eyeing opportunities in India’s flourishing industrial sector to establish clean energy ecosystems in Indian organizations. New schemes supporting biomass cogeneration projects are generating incremental opportunities for renewable energy generators. However, many agriculture-intensive states, such as Maharashtra, Karnataka, and Andhra Pradesh are underutilizing the potential of the biomass energy. Hence, companies should focus their investments in North Indian states such as Uttar Pradesh and Punjab where companies can tap opportunities due to the abundance of sugarcane industries and co-generation power plants. India Biomass Market: Overview Biomass is used as feedstock in the production of energy. Biomass is also employed as fuel in the transport sector. It is derived through biological processes. Biomass is environmentally-friendly and can replace exhaustible sources of energy. Of late, the biomass industry has gained significant traction as a key renewable energy in the global energy mix. Biomass, which is generated or extracted from forestry, biogenic, and agricultural waste, is used to produce fuels. Improvement in economics of energy production of biomass has radically boosted its potential as a fuel among several end-user industries. Demand for biomass is expected to increase in the near future, as it is environment- friendly. Increase in Demand for Renewable Energy to Drive India Biomass Market  Primary energy consumption has increased significantly in India over the last few years, due to rapid industrialization and urbanization. According to the BP Statistical Review 2019, primary energy consumption rose by 7.9% in India in 2018, the highest growth rate since 2007. Power & heat generation accounted for major share of primary energy mix in India in 2019. Fossil fuels such as oil, gas, and coal are employed in majority of power and heat generation in the country. Depleting crude oil reserves and increase in level of GHG emission have propelled the demand for clean energy resources in India. Biomass is an https://www.transparencymarketresearch.com/india-biomass-market.html 3/6

  4. 1/16/23, 6:48 PM India Biomass Market Share, Trends | Forecast 2030 organic, clean, and renewable source of energy. Utilization of biomass helps address environmental concerns up to a certain extent. Increase in utilization of biomass and other renewable sources of energy is estimated to help reduce carbon dioxide emissions in India. The Government of India has set a target to reduce carbon emission by 33% to 35% by 2030 compared to the 2005 levels. Thus, increase in demand for renewable energy is projected to drive the biomass market in India during the forecast period Increase in Focus on Maintaining Energy Security to Boost India Biomass Market According to a report published by the Oil Ministry’s Petroleum Planning and Analysis Cell (PPAC) in 2019, India’s oil import dependency increased from 82.9% in 2017 to 83.7% in 2018. The country produces just 27.3% of its total petroleum consumption and has to meet the remaining requirement through import of oil. This excessive dependence on the import of oil leads to strategic risks related to availability, demand, and price fluctuation of petroleum. The Government of India is focusing on increasing its domestic fuel production and maximizing the utilization of clean energy resources, including biofuel, in order to improve its energy security. For instance, the Government of India introduced the National Policy on Biofuels - 2018 with an aim to increase the utilization of biofuels in the energy and transportation sectors by promoting the production of biofuels from domestic feedstock. The policy aims to achieve 20% ethanol-blending and 5% biodiesel-blending by 2030. The percentage of the same currently stands at around 2% for petrol and less than 0.1% for diesel. This is estimated to boost the biomass market in India in the near future. Thus, increase in focus on maintaining energy security is expected to boost the biomass market in India during the forecast period Recent Developments, Expansions, Acquisitions, and New Contracts in India Biomass Market In January 2020, BIOD ENERGY (INDIA) PVT LTD. announced plans to set up two biodiesel manufacturing facilities in Haryana and Dubai and open up to 30 biodiesel pumps in North India. The opening of new facilities is estimated to allow the company to increase its market presence.  In October 2019, Indraprastha Gas Ltd, the largest CNG distribution company in India, announced plans to open a paddy straw-into-biogas conversion plant at Karnal in Haryana. The biogas can be used as CNG in automobiles. The plant is expected to convert stubble generated from 20,000 acres of farmland in a year into gas. The manufacturing facility is projected to be operational by 2022. India Biomass Market: Outlook India is likely to emerge as a focal country for several key biomass market players during the forecast period, led by the abundant availability of municipal waste and agricultural waste in the country. Introduction of stringent policies to increase the utilization of renewable resources in order to minimize GHG emissions; and growth in efforts to reduce foreign import dependency are also major factors anticipated to propel the biomass market in India. However, complexities involved in waste segregation to separate potential biogas fuels from other waste products and involvement of high initial investments required for the installation of large-scale plants are expected to hamper the biomass market in India. https://www.transparencymarketresearch.com/india-biomass-market.html 4/6

  5. 1/16/23, 6:48 PM India Biomass Market Share, Trends | Forecast 2030 Highly Competitive India Biomass Market  The biomass market in India is highly competitive, with the presence of large numbers of players operating at local, regional, and international levels Key players operating in the biomass market in India include  Emami Agrotech Ltd. Muenzer Bioindustrie GmbH Universal Biofuel Aemetis BIOD ENERGY (INDIA) PVT LTD, Monopoly Innovations Private Limited, EnviTec Biogas AG India Biomass Market – Segmentation TMR’s research study assesses the biomass market in India based on feedstock, product, application, and technology. This report presents extensive market dynamics and progressive trends associated with different segments, and how they are influencing the growth prospects of the biomass market. Agricultural Waste Wood & Woody Residue Feedstock Solid Waste Others (including Animal Fat) Biodiesel Bioethanol Product Biogas Others (including Bio-butanol) Power Generation Application Heating Others (including Transportation) Thermal Biochemical Technology Electrochemical Physical Conversion Interested in this report? Get a FREE Brochure now! Get Free Brochure *Get Brochure Report (PDF) sent to your email within minutes https://www.transparencymarketresearch.com/india-biomass-market.html 5/6

  6. 1/16/23, 6:48 PM India Biomass Market Share, Trends | Forecast 2030 - Help - - Follow Us - Terms Of UseCustomer FAQHow To OrderPrivacy PolicySitemap U.S Sales Office Corporate Headquarter Reach Us +1-518-618-1030 State Tower, 90 State Street, Suite 700, Albany NY - 12207, United States Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA 866-552-3453 (US-Canada Toll Free) sales@transparencymarketresearch.com Trust Online Copyright © Transparency Market Research, Inc. All Rights reserved https://www.transparencymarketresearch.com/india-biomass-market.html 6/6

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