Pacific Black Pellets Market

The Asia Pacific Black Pellets market size was valued at US$ 89.4 million in 2024 and is projected to reach US$ 132.7 million by 2030, at a CAGR of 6.8% during the forecast period 2024-2030.

Black pellets, also known as torrefied biomass pellets, are a renewable energy source produced by thermal treatment of biomass, offering higher energy density and hydrophobic properties compared to traditional wood pellets.

The Asia Pacific black pellets market is growing rapidly, driven by the region's shift towards renewable energy sources. Japan leads with a 45% market share, followed by South Korea at 30% and China at 15%. In 2023, the power generation sector consumed 70% of the total production, with industrial heating applications at 20%. The market experienced a 15% growth in demand from co-firing plants transitioning from coal. Key players include Blackwood Technology (Netherlands) and Clean Electricity Generation (UK), holding a combined 40% market share in the region. The industry is investing heavily in production capacity, with a 25% increase in new plant investments in 2023. Challenges include competition from other renewable sources, with solar PV gaining 5% market share in the energy mix. Sustainability certifications have become crucial, with 80% of pellets now FSC or PEFC certified. The market is benefiting from stringent carbon emission regulations, with Japan's carbon tax increasing demand by 20% in 2023.

Report Includes

Pacific Black Pellets Market is an essential reference for who looks for detailed information on Asia Pacific Black Pellets . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Black Pellets , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Pacific Black Pellets Market aims to provide a comprehensive presentation of the Asia Pacific 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 . Pacific Black Pellets Market contains market size and forecasts of Black Pellets in Asia Pacific, including the following market information:

We surveyed the Black Pellets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China

•    India

•    Japan

•    South Korea

•    Australia

•    Thailand

•    Indonesia

by Products type:

•    Zilkha Biomass Energy

•    New Biomass Energy

by Application:

•    Power genation

•    Others

key players include: (At least 8-10 companies included)

•    Suzano (Brazil)

•    Enviva Partners (USA)

•    Fujian Jian'ou Xindong Wood Industry Co., LTD. (China)

•    Zilkha Biomass Energy (USA)

•    Futerra Fuels (Portugal)

•    Lignetics (USA)

•    New England Wood Pellet (USA)

•    Drax Group (UK)

•    Pinnacle Renewable Energy (Canada)

•    Energex (USA)

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Black Pellets revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)

•    Key companies Black Pellets revenues share in Asia Pacific market, 2023 (%)

•    Key companies Black Pellets sales in Asia Pacific market, 2019-2024 (Estimated),

•    Key companies Black Pellets sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Asia Pacific and country-wise market of Black Pellets

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Black Pellets capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Black Pellets manufacturers

•    Black Pellets forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.