North America Copper Sulphate Market Report, Size, Share, Trends and Forecast to 2021-2026
- amaramurray21
- Mar 14, 2022
- 3 min read
According to the latest report by IMARC Group, titled “North America Biomass Gasification Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market reached a volume of 160.1 TWh in 2020. Biomass gasification refers to a technological pathway that utilizes a controlled process to convert biomass into carbon monoxide and hydrogen by using oxygen, steam, heat, carbon dioxide, etc. The energy released through this process is utilized for generating electricity, preparing food, heating, etc. Biomass can be derived from solid biomass, biogas, municipal waste, or liquid biomass. Compared to traditional gas-powered systems, biomass gasifiers provide an optimum decentralized energy source at affordable costs. Apart from this, the integration of biomass gasification with gas turbines and steam offers a clean, efficient, and modern biomass system.
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The escalating demand for decentralized electricity systems and the expanding rural electrification levels are among the key factors driving the North America biomass gasification market. In addition to this, the rising requirement for biomass gasification systems for waste processing as a replacement for conventional techniques, such as incineration and landfills, is further catalyzing the market growth. Moreover, the growing investments by several leading manufacturers towards developing advanced technologies, including systems that assist in converting various coal blends into clean synthesis gas, are also augmenting the regional market. Besides this, the emerging trend of commercialization of small- to large-scale biomass gasification systems combined with power generation equipment is anticipated to bolster the North America biomass gasification market over the forecasted period. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2021-2026.
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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 behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
The competitive landscape of the north america biomass gasification market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Highlights of the Market Segmentation:
Breakup by Product Source:
Solid Biomass
Biogas
Municipal Waste
Liquid Biomass
Breakup by Product Country:
United States
Canada
Mexico
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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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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