The biomass gasification market was valued at USD 107.7 billion in 2022, and this number is projected to reach USD 187.3 billion by 2030, advancing at a CAGR of 7.16% during 2022–2030, according to P&S Intelligence.

This development can be credited to the growing environmental awareness among the people, increasing GHG releases, and rising acceptance of eco-friendly power sources.

The rising consumption of syngas in gas engines, to release methanol and hydrogen and change them into artificial fuels, is pushing the advancement of the domain. By this procedure, clean gas is obtained through the purifying of eroding ash elements, such as potassium and chlorides, which can be the reason for several issues in the feedstock. 

Browse detailed - Biomass Gasification Market Revenue Estimation and Growth Forecast Report

APAC is dominating the industry and is projected to continue with the dominance till 2030. This can be credited to the availability of vast forests in countries like China and India because of vast forests the availability of biomass is easy to produce chemicals, heat, and electricity through the gasification procedure.

Therefore, the easy obtainability of wastes and biomass, including sawdust, paper, and wood pulp is growing the use of gasifiers in many industries for lessening pollution and securely disposing of waste.

Furthermore, the mushrooming consumption of power because of the growing rates of urbanization and industrialization in the regional emerging nations is boosting the industry revenue growth.