Jul 30 2010
Pike Research, a globally known market research and consulting company, is offering exhaustive investigative details about clean technology markets all over the world.
A recent Pike Research’s study titled Biomass Markets and Technologies examines the global market prospects for biomass with a clear focus on power production, bio-products which includes plastics and chemicals and bio-fuels. The report offers an all inclusive assessment on the prevailing technological issues, government policies and regulatory factors that induce demand and the companies involved in the project world over. The report incorporates market estimates for major biomass product categories by the year 2035.
According to Clint Wheelock, managing director of Pike Research, though biomass products do not have the sheen of other green technologies they will continue to dominate renewable energy market with the acceptance and production of various types of biofuels from plastics and other chemicals. He narrates the possibility of including various feed stocks such as corn and grain, wastes from construction and industry, plants and forest products, wastes generated from agriculture and food industry, municipal waste and manure and other energy crops located in sea and over land in the list. He has expressed his apprehensions about governments backing from their earlier commitments to biomass production by reduced targets.
The Pike Research report indicates a steady growth in the market value of electric power produced from biomass in the United States from the current value of approximately $45 billion to $53 billion by the year 2020.