July 21st, 2022
According to the latest report by IMARC Group, titled “India Biomass Gasification Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the market is expected to exhibit a CAGR of 3.9% during 2022-2027.
Biomass gasification represents the thermochemical conversion of biomass into a combustible gas mixture that includes hydrogen and carbon monoxide (CO). It comprises of a gasifier system that contains a reactor where the gases are generated. The energy produced is further utilized to generate power for electricity and transportation. Biomass gasification is usually adopted to meet the thermal and electrical needs of various industries. It is widely used as a substitute for conventional fuels, such as diesel, furnace oils, coal, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
India Biomass Gasification Market Trends:
The escalating demand for rural electrification is primarily driving the India biomass gasification market. In line with this, the launch of several initiatives by public and private bodies to provide electricity in rural areas across the country is further bolstering the market growth. Moreover, the rising need to reduce the utilization of conventional fossil fuels owing to their adverse environmental consequences is acting as another significant growth-inducing factor. Apart from this, the increasing investments by numerous government bodies in the development of multifaceted biomass gasifier-based power plants that produce electricity with locally available natural resources, including cotton stalks, wood chips, agro-residues, etc., are also catalyzing the market growth. In addition to this, the elevating levels of industrialization, coupled with the extensive research and development (R&D) activities to introduce hybrid solar-biomass gasification systems, are expected to fuel the India biomass gasification market over the forecasted period.
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India Biomass Gasification Market 2022-2027 Analysis and Segmentation:
The report has segmented the market on the basis on region, source.
Breakup by Source:
Liquid Biomass Breakup by Region:
West and Central India
East India Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-biomass-gasification-market
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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