Australia Biomass Market: Renewable Energy and Innovation Accelerate Market Growth

The latest report by IMARC Group, titled “Australia Biomass Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025–2033,” offers a comprehensive analysis of the Australia biomass market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia biomass market size reached USD 2.67 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.65 Billion by 2033, exhibiting a growth rate (CAGR) of 7.8% during 2025–2033.

Report Attributes:

Base Year: 2024

Forecast Years: 2025–2033

Historical Years: 2019–2024

Market Size in 2024: USD 2.67 Billion

Market Forecast in 2033: USD 5.65 Billion

Market Growth Rate 2025–2033: 7.8% CAGR

For an in-depth analysis, you can refer to a sample copy of the report:

https://www.imarcgroup.com/australia-biomass-market/requestsample

Australia Biomass Market Overview

• The Australia biomass market is experiencing robust growth as investments in renewable energy, government incentives, and sustainability goals drive demand for clean energy solutions.

• Companies are installing advanced steam turbines and boilers in sawmills and industrial sectors to generate renewable power and reduce greenhouse gas emissions.

• The agricultural sector’s biomass waste is increasingly utilized as a key feedstock, supporting both environmental and economic objectives.

• Rising fossil fuel costs and technological advancements in biomass conversion are accelerating the adoption of biomass energy in Australia.

• Large-scale projects and research partnerships are supporting Australia’s commitment to sustainable energy and climate change mitigation.

Key Features and Trends of Australia Biomass Market

• The advertise is seeing critical venture in renewable biomass control era, with a center on carbon nonpartisanship and outflow diminishments.

• Imaginative advances are empowering the utilize of rural squander, wood buildup, and civil squander as essential feedstocks.

• Companies are receiving progressed boilers and steam turbines to maximize renewable control yield.

• Inquire about in biofuel generation, such as growing oil yields from entire plant biomass, is situating Australia as a pioneer in maintainable flying fuel and bioenergy.

• Organizations between inquire about teach and industry are driving advance development and showcase development.

Growth Drivers of Australia Biomass Market

• Government motivations and natural approaches are empowering renewable vitality selection.

• The rural segment is giving more biomass squander as feedstock.

• Mechanical players are contributing in clean vitality arrangements to meet maintainability targets.

• Rising fossil fuel costs and the require for vitality security are provoking a move toward biomass.

• Mechanical breakthroughs in biomass change and oil abdicate upgrade are growing advertise potential.

Innovation & Market Demand of Australia Biomass Market

• Companies are contributing in progressed steam turbines and boilers for renewable control era.

• Inquire about is extending oil generation from seeds to entirety plant biomass for biofuel.

• Organizations are quickening development in maintainable flying fuel generation.

• Selection of carbon-neutral advances is expanding over mechanical operations.

• Request for productive, adaptable biomass change arrangements is rising as Australia points for climate targets.

Australia Biomass Market Opportunities and Challenges

• Openings are developing in large-scale renewable control and feasible biofuel ventures.

• Extension of feedstock sources, counting agrarian and civil squander, is broadening advertise reach.

• Guaranteeing reliable feedstock supply and optimizing change advances stay continuous challenges.

• Administrative compliance and advancing supportability measures require ceaseless adjustment.

• Competition from other renewables and fossil fills is affecting speculation and procedure.

Australia Biomass Market Analysis

• The market is segmented by feedstock (agriculture waste, wood and woody residue, solid municipal waste, others) and application (power generation, heating, others).

• Power generation is the leading application, with heating and biofuel production also growing in importance.

• Regional analysis highlights strong activity in New South Wales, Victoria, Queensland, and other key territories.

• The competitive landscape features key player positioning, innovation strategies, and ongoing market consolidation.

• Data-driven decision-making is optimizing project development and operational efficiency.

Australia Biomass Market Segmentation

1. By Feedstock:

• Agriculture Waste

• Wood and Woody Residue

• Solid Municipal Waste

• Others

2. By Application:

• Power Generation

• Heating

• Others

3. By Region:

• Australia Capital Territory & New South Wales

• Victoria & Tasmania

• Queensland

• Northern Territory & Southern Australia

• Western Australia

Australia Biomass Market News & Recent Developments

• In October 2024, OneFortyOne committed approximately USD 30 Million to a renewable biomass power project at its Jubilee Sawmill in Mount Gambier, installing a new boiler and steam turbine to generate 43,800 MWh of renewable electricity annually and reduce emissions by over 70%.

• In November 2024, CSIRO developed a breakthrough technology to increase plant oil yield for biofuel production, acquired by Nufarm, which is now leading a global research partnership to advance this innovation as part of the Biomass Oil Project.

Australia Biomass Market Key Players

• AGL Energy

• Pacific Energy

• Clean Energy Fuels

• Visy Industries

• ReNu Energy

• Nufarm

• OneFortyOne

• Others

Key Highlights of the Report

1. Market Performance (2019–2024)

2. Market Outlook (2025–2033)

3. COVID-19 Impact on the Market

4. Porter’s Five Forces Analysis

5. Strategic Recommendations

6. Historical, Current and Future Market Trends

7. Market Drivers and Success Factors

8. SWOT Analysis

9. Structure of the Market

10. Value Chain Analysis

11. Comprehensive Mapping of the Competitive Landscape

Ask analyst for your customized sample:

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🔍 FAQs: Australia Biomass Market

Q1: What is the current size of the Australia biomass market?

A: The market size reached USD 2.67 Billion in 2024.

Q2: What is the forecasted market value for Australia biomass by 2033?

A: The market is expected to reach USD 5.65 Billion by 2033.

Q3: What is the CAGR for the Australia biomass market during 2025–2033?

A: The market is projected to grow at a CAGR of 7.8% during 2025–2033.

Q4: What are the main feedstocks used in the Australia biomass market?

A: Key feedstocks include agriculture waste, wood and woody residue, and solid municipal waste.

Q5: What are the main applications of biomass in Australia?

A: The main applications are power generation, heating, and biofuel production.

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