Biomass Briquette Fuel Market: Information by Type (Bulk Biomass Briquette, Biomass Pellet, Others) End-use (Industrial Boiler, Family Expenses, Others), and Region (Asia-Pacific, North America, Europe, Latin America, and Others) — Global Forecast till 2026
Biomass briquettes are solid form of fuels that are generated from biomass waste. They are also called Bio Coal or White Coal and Bio Fuel, which is mostly used by developing economies as cooking fuels are not as easily available in the areas.
Biomass Briquette Fuel market is expected to witness substantial growth over 2019-2026 due to growing awareness of decreasing pollution through the use of such chemical resources globally. The global Biomass Briquette Fuel market is estimated to be USD 7,096 million in 2019 and is expected to reach USD 12,028 million by 2026, with a CAGR of 7.83% during the forecast period.
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Key Dynamics
The application in different industry verticals, growing focus on the eco-friendly environment, the surging requirement for reduced CO2 emission solutions, the higher pollution and contamination standard, these are key factors shaping the global Biomass Briquette Fuel market.
Compared to fossil fuels, the briquette fuels produce low net total greenhouse gas emissions since the materials used are already a part of the carbon cycle. Moreover, these briquette fuels are quite different from charcoal as they do not have large concentrations of carbonaceous substances and extra materials. The Biomass Briquette Fuel market is endowed a promising future with the above properties than other similar materials.
Yet, certain constraints may hamper market growth over the forecast period. Such as the large scale of land required to produce the fuel, challenge by climate changes, high cost for implementing new Bio-based technology, as well as a prediction that may cause an increase in world hunger by extracting the organic materials like corn and soybeans for fuel rather than food.
Segmentation
On the basis of type, Biomass Briquette Fuel Market segmented into
l Biomass Pellet
On the application, Biomass Briquette Fuel Market segmented into
l Industrial Boiler
l Family Expenses
l Other
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Competitive Landscape
Enviva
Georgia Biomass
New England Wood Pellets
Billington Bioenergy
Canadian Biofuel
Pacific BioEnergy
Pinnacle Renewable Energy Group
VIRIDIS ENERGY
Eagle Valley ABM
EC Biomass
Huisheng Energy Group
Devotion Corporation
Shengchang Bioenergy
Sinopeak
Mingke
Senon Renewable Energy
Suji Energy-saving Technology
Zhurong Biology
Sanmu Energy Development
Regional Spotlights
The global Biomass Briquette Fuel market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Asia-Pacific is the global market leader both in terms of production and sales value, accounting for 35.79% and followed by North America and Europe regions with a value of 22.19% and 18.33% respectively. China and India are main contributors in APEC region, as these regional markets are rapidly augmenting production and consumption due to cost-effective ways of harnessing electricity and lowering large amounts of carbon dioxide.
Overall Regions Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Biomass Briquette Fuel Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Biomass Briquette Fuel Market by Types
4 Segmentation of Biomass Briquette Fuel Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Biomass Briquette Fuel Market in Major Countries
7 North America Biomass Briquette Fuel Landscape Analysis
8 Europe Biomass Briquette Fuel Landscape Analysis
9 Asia Pacific Biomass Briquette Fuel Landscape Analysis
10 Latin America, Middle East & Africa Biomass Briquette Fuel Landscape Analysis
11 Major Players Profile
11.1 Enviva
11.1.1 Enviva Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Georgia Biomass
11.3 New England Wood Pellets
11.4 Billington Bioenergy
11.5 Canadian Biofuel
11.6 Pacific BioEnergy
11.7 Pinnacle Renewable Energy Group
11.8 VIRIDIS ENERGY
11.9 Eagle Valley ABM
11.10 EC Biomass
11.11 Huisheng Energy Group
11.12 Devotion Corporation
11.13 Shengchang Bioenergy
11.14 Sinopeak
11.15 Mingke
11.16 Senon Renewable Energy
11.17 Suji Energy-saving Technology
11.18 Zhurong Biology
11.19 Sanmu Energy Development
11.20 Tianhe Jiakang
…
In-depth Biomass Briquette Fuel Market Report: Intended Audience
l Biomass Briquette Fuel manufacturers
l Raw material suppliers of Biomass Briquette Fuel products
l Downstream vendors and end-users
l Traders, distributors, and resellers of Biomass Briquette Fuel
l Chemical materials, energy resources industry associations and research organizations
l Product managers, Biomass Briquette Fuel industry administrator, C-level executives of the industries
l Market Research and consulting firms
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Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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