Press release
Biopellet Energy Market Analysis, Size, Current Scenario and Future Prospects
Biopellet Energy Market is anticipated to grow at a significant CAGR during the forecast period. Biopellet or pellet fuels are biofuels made from biomass. Pellets are generally made from various biomass substances such as agricultural residues, energy crops, food waste and virgin lumber. Wood pallete considered as one of the best biopelletes and an effective alternatives to replace the fossil fuels in industrial combustion and power plant applications. The key factor driving the global biopellet market is growing demand for biomass pellets as a fuel for co-firing in coal-based boilers and in other end-user applications. For instance, in October 2021, NTPC has placed an order of 9,30,000 tonnes of biomass pellets for co-firing in power plants toimprove air quality.Apart from this, the adoption of biopelletes in industrial and commericla heat & power generation to reduce the carbon emission has surged their market demand , which in turn driving the market growth. . However, factors such as expensive extraction process, low product quality, and high cost of raw materials restrains the growth of the market. Furthermore, the increasing favourable government regulation and initiatives aimed at curbing carbon emission by increasing reliance on renewable energy for generating power is bringing new opportunities to the market. For instance, from 2013-2020, the European Government has reduced emission level upto 20% as per the Kyoto Protocol.To Request a Sample of our Report on Biopellet Energy Market: https://www.omrglobal.com/request-sample/biopellet-energy-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- AMP Clean Energy, BIOAGRO Energy Osterlen AB, Pinnacle Renewable Energy Inc, Mitsubishi Corp, Weyerhaeuser NR Co, and others.
A full Report of Biopellet Energy Market is Available at: https://www.omrglobal.com/industry-reports/biopellet-energy-market
Biopellet Energy Market by Segment
By Type
Pellet stoves
Boilers
Burners
By Application
Vehicle fuel
Heat generation
Commercial and Residential Heating
Others
Biopellet Energy Market by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Company Profiles
AMP Clean Energy
BIOAGRO Energy Osterlen AB
Brookfield Asset Management Inc.
Biomass Secure Power Inc.
Curran Renewable Energy, LLC
Clarion Housing Group
Pacific BioEnergy
Pinnacle Renewable Energy Inc
Punjab Renewable Energy System Pvt. Ltd
Renewable Energy Group, Inc.
Strahler Clean Energy Pvt. Ltd.
Siemens Gamesa Renewable Energy
The Brookridge Group
VIASPACE Green Energy Inc.
Wood Pellet Reviews
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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