Press release
Black Pellets Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Black Pellets Market Outlook 2023Black 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.
The global Black Pellets market was valued at US$ 82 million in 2022 and is anticipated to reach US$ 208.6 million by 2029, witnessing a CAGR of 14.1% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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Global Black Pellets key players include Zilkha Biomass Energy, Bionet, Blackwood Technology, etc. Global top three manufacturers hold a share about 65%.
Europe is the largest market, with a share about 60%, followed by Japan, and North America, both have a share over 35 percent.
In terms of product, Torrefaction is the largest segment, with a share nearly 60%. And in terms of application, the largest application is Power Generation, etc.
Black Pellets Market Report Scope
This report aims to provide a comprehensive presentation of the global market for Black Pellets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Black Pellets.
The Black Pellets market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Black Pellets market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Black Pellets manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Segment by Type
• Torrefaction
• Steam Explosion (SE)
Segment by Application
• Power Generation
• Others
BY COMPANY
• Zilkha Biomass Energy
• New Biomass Energy
• Bionet
• Blackwood Technology
• Arbaflame
• Airex Energy
• Bioebdev
• ECN
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