Asia Pacific Biomass Energy Market Outlook
The Asia Pacific biomass energy markethas surged, reaching an impressive capacity of approximately 63.46 GW by 2023. With a promising trajectory, it is anticipated to maintain its momentum with a projected Compound Annual Growth Rate (CAGR) of 9% between 2024 and 2032.
This substantial growth underscores the region’s increasing focus on sustainable energy sources and the recognition of biomass as a key component in the renewable energy landscape. As nations prioritize environmental sustainability and seek to reduce…