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:
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Ken Research
Ankur Gupta, Head Marketing & Communications
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+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249
