Press release
Black Pellets Market Size, Share, Development by 2024
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Black Pellets are produced through torrefaction or steam exploded, during which water content, cellulose sugars, and other volatile organic compounds are removed from the biomass to produce a solid biofuel with characteristics similar to those of fossil coal.
Scope of the Report:
Black pellet is a solid fuel that is produced by crushing and densifying waste timber like sawdust, forestry residues, industrial byproducts like old paper and forestry wastes. The black pellet is mainly used for Power Generation, Other (Boiler household etc.). And Power Generation is the largest usage with the share of about 97%.
North America (USA and Canada) is the biggest producer for black pellets, and produced about 489 thousand MT (more than 60% of the global total) of Black pellets in 2017. Europe is the other key producer of the Black pellets market with the share of about 34% in 2017.
Europe and North America are the two largest consumption markets of black pellets in the world in the past few years and it will keep the same position in the next years. Sales volume of the Europe took up about 45.7% the global market in 2017 while North America took up about 49.1%. And North America is the largest exporter of black pellets in the world at present.
The worldwide market for Black Pellets is expected to grow at a CAGR of roughly 14.8% over the next five years, will reach 450 million US$ in 2024, from 230 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Black Pellets in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Zilkha Biomass Energy
New Biomass Energy
Bionet
Blackwood Technology
Arbaflame
Airex Energy
Bioendev
ECN
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Torrefaction
Steam Explosion (SE)
Market Segment by Applications, can be divided into
Power Generation
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-black-pellets-market_p108817.html
Related Information:
North America Black Pellets Market Growth 2019-2024
United States Black Pellets Market Growth 2019-2024
Asia-Pacific Black Pellets Market Growth 2019-2024
Europe Black Pellets Market Growth 2019-2024
EMEA Black Pellets Market Growth 2019-2024
Global Black Pellets Market Growth 2019-2024
China Black Pellets Market Growth 2019-2024
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