Biomass Briquette Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
23863 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : RI
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 are 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 are 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.
At present, in developed countries, the Biomass Fuel industry industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in EU. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. With the development of Chinese Biomass Fuel industry production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.
The demand for industrial biomass briquette& pellets for energy production is driven, in significant part, by governmental policies and incentives. EU has become a large international consumption country of Biomass Fuel industry,in2015 EU account for approximately 76.43% of global biomass briquette&pellets production.
As Chinese overall economic downward trend in the past few years, in the next few years there will be many uncertainties, and coupled with Biomass Fuel industry situation in the past few years, the current demand for Biomass Molding Fuel product is relatively low. In the coming years, as the environmental standards are more and more strict, biomass fuel market is expected to witness the highest growth rate in the Asia-Pacific region. Although biomass briquette&pellets brings a lot of opportunities, the study group recommends that the new entrants just having money but without technical advantages and upstream/downstream support should not to enter into this field.
The Global Biomass Briquette Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Biomass Briquette Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
German Pellets
Enviva
Pinnacle Renewable Energy Group
Pacific BioEnergy Corporation
Vyborgskaya Cellulose
Rentech
Graanul Invest Group
RWE Innogy
Lignetics
E-pellets
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
Neova Vaggeryd
Aoke Ruifeng
DEVOTION
Sinopeak-bioenergy
Senon Renewable Energy
Equustock
Weige Bio-tech Energy
New Biomass Holding LLC
Verdo Renewables
Binderholz
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Biomass Briquette
Biomass Pellet In Market segmentation by applications :
Thermal Energy
Power Generation
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Biomass Briquette Market for the forecast period 2023 - 2030?
• What are the driving forces in the Biomass Briquette Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Biomass Briquette industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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