Torrefied Pellets Market Research Report 2024 | Valuates Reports

The global Torrefied Pellets market was valued at US$ 55 million in 2023 and is anticipated to reach US$ 110.4 million by 2030, witnessing a CAGR of 10.4% during the forecast period 2024-2030.

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Torrefied pellets are a type of biomass fuel that are produced by heating biomass, such as wood, agricultural residues, or municipal solid waste, in a low-oxygen environment. Torrefaction is a process that removes moisture and volatile compounds from biomass, resulting in a product that has higher energy density, lower moisture content, and better grindability than raw biomass. Torrefied pellets can be used as a substitute for coal or wood pellets in power generation, heating, or industrial applications .

In the past, the black pellet market was dominated by torrefaction technology. Since 2010, Zilkha Biomass Energy has developed steam explosion technology (SE) and expanded its factory capacity in 2014. Then the market share of steam explosion technology has been greatly reduced. In addition, Arbaflame also uses steam explosion technology (SE) to produce black pellets, while other manufacturers use torrefaction technology.

This report aims to provide a comprehensive presentation of the global market for Torrefied 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 Torrefied Pellets.

The Torrefied Pellets market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Torrefied 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 Torrefied 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.

By Type
• Torrefaction
• Steam Explosion (SE)

By Application
• Power Generation
• Others

Key Companies
Bionet, Blackwood Technology, Arbaflame, Airex Energy, TNO (ECN), Idemitsu Kosan, Futerra Fuels

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