Biomass Market Trends and Opportunities in the Green Energy Era

In the quest for sustainable energy solutions, biomass has emerged as a promising contender. Biomass, derived from organic materials such as wood, agricultural residues, and organic waste, holds immense potential to mitigate climate change and reduce dependence on fossil fuels. As the world intensifies its efforts to transition to renewable energy sources, the Biomass Market is witnessing significant growth and evolution.

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Biomass Market Size was valued at USD 58,924.11 Mn in 2023. The Biomass industry is projected to grow from USD 60,365.74 Mn in 2024 to USD 82.593.50 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.12% during the forecast period (2024 – 2032)