The global biomass power market is on a steady growth path, expected to rise from USD 140.4 billion in 2024 to USD 237.6 billion by 2034, growing at a CAGR of 5.4%. Biomass power is produced by using natural waste materials such as wood chips, crop leftovers, and even household waste to generate electricity. This is done through methods like burning, gasification, or digestion, which turn organic matter into energy. The market involves everything from collecting raw materials to delivering electricity, and it plays an essential role in both renewable energy expansion and waste reduction worldwide.
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