Thailand Biogas And Biomass Market Research Report : Ken Research

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The report titled Thailand Biogas and Biomass Market Outlook to 2022 – By Revenue Streams (Engineering, Procurement and Construction (EPC), Power Generation), By Biomass Industries (Bagasse, Rice husk, Rice straw, Bark, Bark, Lumber, Black liquor, Others), By Region provides a comprehensive analysis on the Thailand Biogas and Biomass market. The report covers introduction to Thailand Renewable energy market, Thailand biogas and biomass market overview, major players in Thailand biogas and biomass ecosystem, Market size by installed capacity, Market segmentation by region (North, North-East, Centre and South), Market Segmentation by Industry in Biogas, Market Segmentation by fuel type in Biomass, Competitive landscape of major players in Biogas and Biomass segment, Growth Drivers, Restraints, Key Regulations Future Outlook and Analyst recommendation along with list of biogas and biomass projects.

The report is useful for equipment manufacturers, biogas and biomass consumable manufacturers and suppliers, environmental associations, EPC companies and potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Thailand Biogas and Biomass Market Overview

Biogas and Biomass industry in Thailand registered a positive five year CAGR during 2012-2017. The market size increased from more than doubled in biogas from 2012 to 2017. Growth was also registered in Biomass segment. The growth was mainly driven by implementation and amendments of regulatory norms to push the use of biogas and biomass as alternative fuel. Increased demand for energy and rise in awareness about clean energy among the people has promoted the development of biogas and biomass industry.

Market Segmentation

By Region: North-Eastern part of Thailand is the biggest market for biogas generating companies accounting for a third of the market in 2017, swiftly followed by Central and Southern part. Heavy presence of a number of host industries was the key driver. For biomass, North- Eastern part of Thailand was the largest contributors with largest market share. It was followed by Central Thailand. Southern Thailand has the minimal share in both biogas and biomass market, but is expected to grow heavily in next 5 years due to special incentives provided by government to invest in that region.

By Industry: Thailand being an agriculture centric country has various industries which generate bio-waste. Tapioca Starch plants were the largest users of electricity generation from biogas. Sugar producing industries were the biggest producers of electricity from biomass. Biogas and biomass has become a major source of renewable energy and are being heavily targeted by the government due to high unutilized potential within the sector.

Competition Scenario

Majority of the new contracts are in small scale segment which are garnered by big companies. Companies operating in EPC business in biomass and biomass market are also engaged in consultation, engineering services, equipment manufacturing also. Many Companies are targeting on construction of Very Small Power Plants (VSPP) and Small Power Plant (SPP). Asia biogas became the largest player in the biogas market in Thailand after acquiring Thailand Biogas Energy Company (TBEC).

Future Outlook

The market for electricity generation from biogas and biomass market is expected to grow positively between 2017-2022. Availability of new technology at low cost to small players is the major growth driver behind the growth of biogas sector. Northern Thailand market is expected to grow by small proportion in the biogas sector. The biomass sector has the biggest potential in southern provinces of Thailand which will grow in the next 5 years.

For more information on the research report, refer to below link:

https://www.kenresearch.com/energy-and-utilities/clean-technology/thailand-biogas-biomass-market/149482-103.html

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