Overview

Fired up: Demand for renewable energy will keep industry plants burning bright

The Biomass Power market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Government assistance, provided in the form of federal tax credits and RPSs, boosted biomass-electricity generation
  • The US government enacted several key laws and incentives that benefited the industry
  • More states are expected to introduce ambitious renewable energy targets

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    Industry Analysis & Industry Trends

    The Biomass Power industry has grown at a healthy rate in the five years to 2017. 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, 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. However, the uncertain future of tax credits will temper significant revenue gains...

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    Industry Report - Industry Analysis Chapter

    The Biomass Power industry has experienced steady growth over the five years to 2017, 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. The..

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    Additional Insights for the Biomass Power Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Biomass Power Industry are

  • Ability to pass on cost increases
  • Optimum capacity utilization
  • Control of distribution arrangements
  • IBISWorld analysts also discuss how external factors such as Electric power consumption and Tax credits for energy efficiency in the Biomass Power industry impact industry performance..

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    Look under the hood?

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    Industry Products

    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 production
    Cofiring production
    Gasification production
    Industry Activities
    Generating biomass-fueled power
    Generating power from wood and wood waste powered facilities
    Generating power from liquid biofuel powered facilities
    Generating power from waste powered facilities

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Electric power consumption
  • Tax credits for energy efficiency
  • Regulation
  • Price of electric power
  • Price of natural gas
  • World price of steaming coal

  • Current Performance
  • Industry landscape
  • Government legislation spurs growth
  • Mixed feelings over emissions
  • Chart: Revenue Growth

  • Industry Outlook
  • State funding
  • Industry profitability
  • Table: Biomass Power Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Biomass Power Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Utilities
  • Electric Power Transmission
  • Manufacturing
  • Waste Collection Services

  • Key Selling Industries
  • Boiler & Heat Exchanger Manufacturing
  • Corn Farming
  • Engine & Turbine Manufacturing
  • Heavy Engineering Construction
  • Sawmills & Wood Production
  • Sugar Processing

  • Products & Services
  • Direct-fired production
  • Cofiring production
  • Gasification production
  • Chart: Biomass Power Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Industrial
  • Electric power utility
  • Commercial
  • Chart: Major Market Segmentation for the Biomass Power Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther expenses
  • Chart: Cost Structure Benchmarking – Sector vs Biomass Power

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Biomass Power Industry

  • Industry Globalization
    Major Companies
    Progress EnergyCovanta Energy
  • Table: Progress Energy - financial performance
  • Table: Covanta Energy - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Biomass Power Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Biomass Power Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Biomass Energy Production (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Bagasse
  • A fibrous matter that remains after sugarcane or sorghum stalks are crushed to extract the juice.
  • Biomass
  • A biological material from living, or recently living organisms, such as plants or plant-derived materials, that can be used as a renewable energy source.
  • Closed-Loop System
  • uses material that have been planted and harvested specifically for use as a fuel source.
  • Open-Loop System
  • uses materials that were not originally intended to be used as a source of fuel and are typically waste products from another process (e.g. wood chips, sawdust, animal waste).
  • Renewable Portfolio Standards
  • A regulation that requires the increased production of energy from renewable energy sources.
  • Renewables
  • All types of renewable energy.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Biomass Power:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Biomass Power market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Biomass Power, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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