The Bioliquid Heat and Power Generation market size will grow from USD 1.68 Billion in 2017 to USD 2.47 Billion by 2023, at an estimated CAGR of 6.57%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
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The bioliquid heat and generation market is driven by factors such as the easy availability of feedstocks and reduction in carbon emissions. The availability of technology to convert feedstocks to liquid biofuels is expected to boost the demand for bioliquid heat and power generation. The emerging markets in Asia Pacific present a great opportunity for the bioliquid heat and power generation market due to significant government initiatives to promote renewable energy generation through biofuels. Based on type, bioethanol segment accounted for the largest market size in 2017. Bioethanol is a type of bioliquid generated from feedstocks such as sugar, wheat, and maize. The bioethanol market accounted for more than half of the bioliquid heat and power generation market in 2017. These factors are expected to drive the bioethanol segment of the bioliquid heat and power generation market, by type.
By Market Players:
Olleco , BTG , Kraton , REG , Neste , REG Power Management , MBP Group , Biox , Bunge , Ensyn Fuels , Betarenewables , Munzer Bioindustrie , Argent Energy , Encontech
Heat Production , Electricity Generation
Bioethanol , Biodiesel
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