Bioliquid Heat and Power Generation Market Energized

  • Asia Pacific will be the fastest-growing market for bioliquid heat and power generation.
  • The market in Europe is expected to lead the global bioliquid heat and power generation market by 2022.
  • Heat production segment expected to be the largest segment of bioliquid heat and power generation market.

The bioliquid heat and power generation market is expected to grow from an estimated value of $1.67 billion in 2017 to $2.29 billion by 2022, at a CAGR of 6.54%, from 2017 to 2022. The bioliquid heat and generation market is driven by factors such as the easy availability of feedstocks and reduction in carbon emissions.

The availability of technology to convert feedstocks to liquid biofuels is expected to boost the demand for bioliquid heat and power generation. The emerging markets in Asia Pacific present a great opportunity for the bioliquid heat and power generation market due to significant government initiatives to promote renewable energy generation through biofuels.

Asia Pacific: The fastest-growing market for bioliquid heat and power generation

In Asia Pacific, governments are focusing on increasing the contribution of renewable energy sources to meet domestic electricity demand. The market in Europe is expected to dominate the global bioliquid heat and power generation market due to increasing investments in the renewable energy sector and stringent regulatory frameworks related to the implementation of bioliquids in the region. The Chinese market is expected to dominate the market in Asia Pacific. The bioliquid heat and power generation market is expected to grow at a significant rate in countries such as India, Japan, and South-East Asian countries.

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Europe: The market for bioliquid heat and power generation

The market in Europe is expected to lead the global bioliquid heat and power generation market by 2022. The market size in this region can be attributed to the increasing focus on the renewable energy sector, of which bioliquid is a part. Countries such as Germany, the UK, and France are the key markets for bioliquid heat and power generation in Europe. The stringent regulatory framework regarding bioliquids in the region is expected to drive the market in Europe.

Heat production segment expected to be the largest segment of bioliquid heat and power generation

The heat production segment is expected to hold the majority share of the bioliquid heat and power generation market during the forecast period. In Europe, the majority of the heat supplied to district heating systems was generated from bioliquid waste in 2016. The European market players, such as Olleco, BTG, Neste, REG, and MBP Group, are involved in the manufacturing of bioliquid for heat production. These factors have resulted in the higher market share of the heat production segment in the bioliquid heat and power generation market.

The bioethanol segment accounts for the larger share of the bioliquid heat and power generation market. Bioethanol is a type of bioliquid generated from feedstocks such as sugar, wheat, and maize. The bioethanol market accounted for more than half of the bioliquid heat and power generation market in 2016. These factors are expected to drive the bioethanol segment of the bioliquid heat and power generation market.

Market Ecosystem:

The ecosystem of the global bioliquids heat and power generation market starts with the transportation and distribution of raw material/feedstocks. The various feedstocks of bioliquids include used cooking oil, sugar, starch, and agricultural waste. The next stage is the manufacturing of bioliquids where all the feedstocks are assembled to extract bioliquids. These bioliquids are then distributed for applications such heat production and electricity generation.

Some of the leading players in the bioliquid heat and power generation market include REG (US), Neste (Finland), Kraton (US), BTG (Netherlands), and Olleco (UK).

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Siddhant Patil

Energy & Power Consultant


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