| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2020 - 2023 |
| CAGR | 2.00% |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Brazil Combined Heat and Power Market Analysis by Mordor Intelligence
The Brazil Combined Heat and Power Market is expected to register a CAGR of greater than 2% during the forecast period.
- Biomass-based CHP is expected to witness the fastest growth during the forecast period.
- Increasing investment in the development of small-sized manufacturing units in the region has augmented the business opportunity. Flourishing sugar industries in the country is likely to positively stimulate the product growth. This, in turn, is expected to create significant opportunities for the CHP system providers and plant developers in the near future.
Brazil Combined Heat and Power Market Trends and Insights
Biomass Based CHP is Expected to Drive the Market
- Brazil is a major consumer and has one of the world's greatest biomass potentials. As an energy source, biomass is an alternative to fossil fuels since the use of biomass is the result of a combination of factors, including the availability of cheap biomass resources and cheap labor, rapid industrialization and urbanization, and historical experience with large scale industrial applications of biomass energy.
- Combined Heat and Power (CHP) or cogeneration, which is the generation of electricity or mechanical power provides a number of potential benefits for Brazil in terms of increased energy efficiency, lower greenhouse gas and other emissions, economic competitiveness, and energy resiliency.
- Statistics given by the International Energy Agency depicts that coal-fired power generating plants operate at only 36% efficiency, whereas, CHP plants run at almost 58% efficiency. The estimation clearly projects a favorable CHP market outlook in the coming time.
- Brazil's CHP industry is found in industrial applications, providing power and steam especially to industries such as wood, pulp, chemicals and paper. Biomass-fueled CHP is expected to provide 17% of the country's overall electricity requirement by 2030.
- CHP is a commercially available clean energy solution that directly supports increasing energy efficiency, reducing emissions, enhancing energy infrastructure, improving energy security and growing the economy.
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Growing Federal and State Policymaker Support to Drive the Market
- Policymakers at the federal and state level are increasingly recognizing the benefits that CHP offers in terms of energy efficiency, reduced emissions, and economic growth.
- Use of renewables as fuel type for combined heat and power system encourage to reduce the rate of emissions into the environment. The renewable generation in Brazil has reached 52.9 TWh in 2018.
- Some of the benefits of CHP that most resonate among the policymakers include:
- CHP's inherent higher efficiency and elimination of transmission and distribution losses from the central station generator results in reduced primary energy use and lower greenhouse gas (GHG) emissions.
- CHP provides not only operating savings for the user but may also represent a cost-effective supply of new power generation capacity for regions with declining reserve margins.
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Competitive Landscape
Brazil combined heat and power market is moderately consolidated. Some of the key players in this market include CHP Brasil, MITSUBISHI HEAVY INDUSTRIES, LTD., General Electric Company, Caterpillar Inc. and Cummins Inc.
Brazil Combined Heat and Power Industry Leaders
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CHP Brasil
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MITSUBISHI HEAVY INDUSTRIES, LTD.
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General Electric Company
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Caterpillar Inc.
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Cummins Inc.
- *Disclaimer: Major Players sorted in no particular order
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Brazil Combined Heat and Power Market Report Scope
Brazil combined heat and power market report include:
Applicaton
| Residential |
| Commercial |
| Industrial and Utility |
Fuel Type
| Natural Gas |
| Biomass |
| Coal |
| Other Fuel Types |
| Applicaton | Residential |
| Commercial | |
| Industrial and Utility | |
| Fuel Type | Natural Gas |
| Biomass | |
| Coal | |
| Other Fuel Types |
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Key Questions Answered in the Report
What is the current Brazil Combined Heat and Power Market size?
The Brazil Combined Heat and Power Market is projected to register a CAGR of greater than 2% during the forecast period (2025-2030)
Who are the key players in Brazil Combined Heat and Power Market?
CHP Brasil, MITSUBISHI HEAVY INDUSTRIES, LTD., General Electric Company, Caterpillar Inc. and Cummins Inc. are the major companies operating in the Brazil Combined Heat and Power Market.
What years does this Brazil Combined Heat and Power Market cover?
The report covers the Brazil Combined Heat and Power Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Brazil Combined Heat and Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Brazil Combined Heat and Power Market Report
Statistics for the 2025 Brazil Combined Heat and Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Combined Heat and Power analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
