According to the latest IMARC Group report titled “European Biomass Gasification Market: Industry Trends, Share, Growth, Opportunities and Forecasts 2022-2027,” That Market size for biomass gasification in Europe reached 195 TWh in 2021. Looking ahead, IMARC Group expects the market to reach 264 TWh by 2027, which will show a growth rate (CAGR) of 5.12% over the period 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketers, and anyone planning to enter the market in any way.

The process of converting biomass into gaseous products such as carbon monoxide (CO) and hydrogen is called biomass gasification. The energy gained in this way is used to generate electricity. Biomass gasification is inexpensive and environmentally friendly as well as an optimal and decentralized source of energy. Due to increasing environmental concerns around the world, biomass gasification is being widely adopted as the preferred alternative to coal-based power generation.

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Note: We regularly track the direct impact of COVID-19 on the market as well as the indirect impact of related industries. These observations are integrated into the report.

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The government authorities of many European countries are encouraged to promote the use of renewable energy sources due to the increasing emphasis on sustainable development and the rapid depletion of fossil fuel reserves. In addition, various key players in the region are focusing on the production of sustainable bioenergy resources, which act as another growth-enabling factor. In addition, increasing product use for waste processing as a replacement for traditional techniques, including incineration and landfill, is further stimulating the regional market. In addition, the…