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Biomass Power in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Biomass Power Market Research Report | Technology | Renewable Energy | Oct 2014

Steady burn: government incentives for green energy will keep the industry growing

IBISWorld’s Biomass Power market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
3.2%
Annual Growth 14-19
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Profit
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Employment
9,841
Businesses
137
Industry Analysis & Industry Trends

The Biomass Power industry has grown at a healthy rate in the five years to 2014. The industry's expansion has been propelled in part by several federal renewable energy tax credits that encouraged the use of biomass power. In the coming years, the continued economic recovery will spur growth in manufacturing and industrial production sectors, increasing the level of electricity consumption and translating to higher demand for biomass power.... purchase to read more

Industry Report - Industry Analysis Chapter

The Biomass Power industry has experienced steady growth in the five years to 2014, with biomass energy generation levels increasing over the past decade. Similar to other green energy sources, such as solar, wind and geothermal power, biomass power technology has been developing rapidly largely due to favorable government incentives that encourage renewable energy use. Companies that build and operate biomass power plants have benefited from tax credits as well as requirements for downstream utilities to diversify energy holdings and integrate a certain percentage of renewable energy into the energy they sell... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Biomass Power Industry?

Enterprises in this industry operate electricity-generating facilities using biomass (e.g. agricultural byproducts, landfill gas and biogenic municipal waste). Establishments primarily engaged in operating trash disposal incinerators that also generate electricity are classified in the Waste Treatment and Disposal Services industry (IBISWorld 56221).

Industry Products
Direct-fired productionCofiring productionGasification production
 
Industry Activities
Generating biomass-fueled powerGenerating power from wood and wood waste powered facilities Generating power from liquid biofuel powered facilitiesGenerating power from waste powered facilities


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