Press release
Biomass Briquette Market Size, Opportunities And Forecast Analysis To 2026|German Pellets, Enviva, Pinnacle Renewable Energy Group
Biomass molding fuel is made of agricultural and forestry residues such as rice stalk, straw, cotton stalk, bamboo sawdust, wood flour, ramie stalk, peanut husk, etc. It is produced by pellet machines or briquetteing machines, after going through several processing procedures, such as crushing, drying, mixing, molding or compressing, etc. And the final products are pellets and briquettes, which are used as a replacement for coal, gasoline gas and other traditional fossil fuels. Compared to fossil fuels, biomass molding fuel produce low net total greenhouse gas emissions because the materials used are already a part of the carbon cycle. Biomass pellet fuel are biofuels made from compressed organic matter or biomass. Wood pellets are the most common type of pellet fuel and are generally made from compacted sawdust and related industrial wastes from the milling of lumber, manufacture of wood products and furniture, and construction. Other industrial waste sources include empty fruit bunches, palm kernel shells, coconut shells, and tree tops and branches discarded during logging operations. Biomass briquettes are mostly used in the developing world, where cooking fuels are not as easily available. There has been a move to the use of briquettes in the developed world, where they are used to heat industrial boilers in order to produce electricity from steam.The briquettes are cofired with coal in order to create the heat supplied to the boiler. Biomass briquettes, mostly made of green waste and other organic materials, are commonly used for electricity generation, heat, and cooking fuel. These compressed compounds contain various organic materials, including rice husk, bagasse, ground nut shells, agricultural waste. The composition of the briquettes varies by area due to the availability of raw materials. The raw materials are gathered and compressed into briquette in order to burn longer and make transportation of the goods easier There are the difference between biomass pellet and biomass briquette. Biomass pellets are usually utilized in home pellet stove, central heating boiler, industrial boiler, or in power plants to replace coal. They can also be used as horse bedding and cat litter. Howerver, biomass briquettes are sticks or blocks with large diameter and different shapes (hexagon, cylinder, cuboid, etc.) made by biomass briquette machines. They are primarily for industrial use for heating. At present, in developed countries, the Biomass Fuel industry industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in EU. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. With the development of Chinese Biomass Fuel industry production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.
Market Analysis and Insights:
Global Biomass Briquette Market In 2019, the global Biomass Briquette market size was US$ 372.1 million and it is expected to reach US$ 612.6 million by the end of 2026, with a CAGR of 7.3% during 2021-2026.
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Global Biomass Briquette Scope and Market Size Biomass Briquette market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Biomass Briquette market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type,
the Biomass Briquette market is segmented into Biomass Briquette Biomass Pellet
Segment by Application
, the Biomass Briquette market is segmented into Thermal Energy Power Generation Other
Regional and Country-level Analysis
: North America
United States
Canada Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe Latin America
Mexico
Brazil
Rest of Latin America Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape and Biomass Briquette Market Share Analysis
Biomass Briquette market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Biomass Briquette product introduction, recent developments, Biomass Briquette sales by region, type, application and by sales channel.
The major companies include:
German Pellets Enviva Pinnacle Renewable Energy Group Pacific BioEnergy Corporation Vyborgskaya Cellulose Rentech Graanul Invest Group RWE Innogy Lignetics E-pellets Drax Biomass General Biofuels BlueFire Renewables Pfeifer Group Biomass Secure Power Viridis Energy Westervelt Energex Fram Renewable Fuels Protocol Energy Premium Pellet Ltd. Granules LG Enova Energy Group Corinith Wood Pellets Maine Woods Pellet Appalachian Wood Pellets Bear Mountain Forest Prod Agropellets West Oregon Wood Prod Bayou Wood Pellets
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Why to Purchase the Report?
o Industry Size & Forecast: The researchers have offered projections about the Biomass Briquette industry size based on value and volume in this part of the report
o Key Market Trends: This section focuses on the prevailing as well as upcoming trends in the industry and their contribution to the overall Biomass Briquette size
o Industry Prospects: This part throws light on the recent industry developments and upcoming prospects that are likely to foster the overall Biomass Briquette growth
o Geographical Analysis: Manufacturers will get an outline of the key regions with high growth potential, which will help them in making sound business decisions in the approaching years
o Segmental Analysis: Here, the authors of the report have given reliable estimations regarding the growth potential of varied Biomass Briquette industry segments including product type, vertical, and application
o Competitive Insights: The industry experts have analyzed the strategies taken by the key Biomass Briquette players to stay competitive. This part of the report also includes recommendations for Biomass Briquette vendors to reinforce their presence in Biomass Briquette business.
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