Biomass Power Generation Market Size and Forecast (2024-2030)

Biomass power market is expected to observe a significant growth because of technological advancements and increasing focus on research and development to provide biomass for power generation. Growing use of biomass such as plant and manure materials to produce electricity and generate biomass fuels for transportation is anticipated to contribute to the industry growth over the forecast period. Additionally, dropping crude oil prices is projected to strengthen the industry.