Wednesday, November 3, 2021

Biomass Gasification Market Trends 2021

The escalating demand for rural electrification is primarily driving the India biomass gasification market. In line with this, the launch of several initiatives by public and private bodies to provide electricity in rural areas across the country is further bolstering the market growth. Moreover, the rising need to reduce the utilization of conventional fossil fuels owing to their adverse environmental consequences is acting as another significant growth-inducing factor. Apart from this, the increasing investments by numerous government bodies in the development of multifaceted biomass gasifier-based power plants that produce electricity with locally available natural resources, including cotton stalks, wood chips, agro-residues, etc., are also catalyzing the market growth. In addition to this, the elevating levels of industrialization, coupled with the extensive research and development (R&D) activities to introduce hybrid solar-biomass gasification systems, are expected to fuel the India biomass gasification market over the forecasted period.

Read complete news at: https://www.einnews.com/pr_news/555318784/india-biomass-gasification-market-2021-size-share-trends-and-forecast-2026

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