The Ireland Biomass Market is expected to grow at a strong CAGR of 5.4% during the research period. Climate change and environmental consciousness have recently gained prominence in Ireland's policy, economic, and sociological scene. This has resulted in a growing emphasis on sustainable energy alternatives, particularly renewable sources such as biomass, which are regarded as critical in the transition to a low-carbon economy. Ireland has set lofty climate targets, most notably in the Climate Action and Low Carbon Development (Amendment) Act 2021, which requires the country to attain net-zero emissions by 2050. To reach these aims, the Irish government is focusing on lowering carbon emissions in important sectors such as transportation, industry, agriculture, and energy.
Public and business awareness of environmental issues has grown dramatically, fueling demand for sustainable practices. Consumers are growing more environmentally concerned, demanding greener energy sources and increased business responsibilities for sustainability. This cultural shift is reflected in the increasing popularity of renewable energy sources, such as biomass, as a cleaner alternative to fossil fuels. Furthermore, Ireland's commitment to the EU Green Deal and adherence to international agreements such as the Paris Agreement demonstrate the country's alignment with global efforts to combat climate change. Ireland is also implementing efforts to increase biodiversity and improve land management, ensuring that biomass production does not harm ecosystems or contribute to deforestation.
The biomass market in Ireland is driven by a complex interaction of macroeconomic factors such as global energy costs, government regulations, technical improvements, and agricultural and industrial demand. As a country committed to ambitious climate and energy goals, Ireland's biomass industry is expected to expand, especially if supportive policies, economic incentives, and sustainable feedstock availability all match.
Marketing Segmentation
The Ireland Biomass Market is divided into five feedstock types: woody biomass, urban residue, biogas, agriculture and forest residues, and energy crops.
The market has been divided into five technology segments: landfill gas, co-firing, combustion, combined heat and power (CHP), and anaerobic digestion and gasification.
The market is divided into three segments based on application: residential, commercial, and industrial.
The market is divided into four segments based on end users: industrial, government, household, and others.
Major Players
Domestic and foreign firms in the Irish biomass market include Statkraft, Orsted, Bord na Mona, Veolia, Euroforest Ireland, Woodco Energy, Glas Energy, R&S Biomass, Greenvolt Group, and Balcas Group.
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