Biomass Briquette Fuel market

Biomass Briquette Fuel Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • Energy and Natural Resources
  • 125 Pages
  • Report code : PMR-6802651

  • 4.7 (158)

Biomass Briquette Fuel Market

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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 is 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 is 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. See below for details:

Biomass Briquette Fuel Market contains market size and forecasts of Biomass Briquette Fuel in global, including the following market information:

Global Biomass Briquette Fuel Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Biomass Briquette Fuel Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Biomass Briquette Fuel companies in 2021 (%)

The global Biomass Briquette Fuel market was valued at 9619.3 million in 2021 and is projected to reach US$ 16220 million by 2028, at a CAGR of 7.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Bulk Biomass Briquette Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Biomass Briquette Fuel include German Pellets, Enviva, Pinnacle Renewable Energy Group, Pacific BioEnergy Corporation, Vyborgskaya Cellulose, Rentech, Graanul Invest Group, RWE Innogy and Lignetics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Biomass Briquette Fuel 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:

Global Biomass Briquette Fuel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Biomass Briquette Fuel Market Segment Percentages, by Type, 2021 (%)

Bulk Biomass Briquette

Biomass Pellet

Global Biomass Briquette Fuel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Biomass Briquette Fuel Market Segment Percentages, by Application, 2021 (%)

Power Generation

Residential and Commercial Heating

Other

Global Biomass Briquette Fuel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Biomass Briquette Fuel Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Biomass Briquette Fuel revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Biomass Briquette Fuel revenues share in global market, 2021 (%)

Key companies Biomass Briquette Fuel sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Biomass Briquette Fuel sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

German Pellets

Enviva

Pinnacle Renewable Energy Group

Pacific BioEnergy Corporation

Vyborgskaya Cellulose

Rentech

Graanul Invest Group

RWE Innogy

Lignetics

E-pellet

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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