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According to our (Global Info Research) latest study, the global Biomass Briquette Fuel market size was valued at USD 9619.3 million in 2023 and is forecast to a readjusted size of USD 16220 million by 2030 with a CAGR of 7.8% during review period.
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:
The top five manufacters of Biomass Briquette Fuel are German Pellets, Enviva, Pinnacle Renewable Energy Group, Pacific BioEnergy Corporation and Vyborgskaya Cellulose, with about 20% market shares. Europe is the largest consumption place, with a consumption market share nearly 49%. Following Europe, North America is the second largest consumption place with the consumption market share of 32%.
The Global Info Research report includes an overview of the development of the Biomass Briquette Fuel industry chain, the market status of Power Generation (Bulk Biomass Briquette, Biomass Pellet), Residential and Commercial Heating (Bulk Biomass Briquette, Biomass Pellet), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Biomass Briquette Fuel.
Regionally, the report analyzes the Biomass Briquette Fuel markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Biomass Briquette Fuel market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Biomass Briquette Fuel market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Biomass Briquette Fuel industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Bulk Biomass Briquette, Biomass Pellet).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Biomass Briquette Fuel market.
Regional Analysis: The report involves examining the Biomass Briquette Fuel market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Biomass Briquette Fuel market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Biomass Briquette Fuel:
Company Analysis: Report covers individual Biomass Briquette Fuel manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Biomass Briquette Fuel This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Power Generation, Residential and Commercial Heating).
Technology Analysis: Report covers specific technologies relevant to Biomass Briquette Fuel. It assesses the current state, advancements, and potential future developments in Biomass Briquette Fuel areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Biomass Briquette Fuel market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Biomass Briquette Fuel market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Bulk Biomass Briquette
- Biomass Pellet
Market segment by Application
- Power Generation
- Residential and Commercial Heating
- Other
Major players covered
- 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
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Biomass Briquette Fuel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Biomass Briquette Fuel, with price, sales, revenue and global market share of Biomass Briquette Fuel from 2019 to 2024.
Chapter 3, the Biomass Briquette Fuel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Biomass Briquette Fuel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Biomass Briquette Fuel market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Biomass Briquette Fuel.
Chapter 14 and 15, to describe Biomass Briquette Fuel sales channel, distributors, customers, research findings and conclusion.