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Apr 12, 2023 (The Expresswire) --Market Overview:
Biomass Pellets are made of agricultural and forestry residues such as rice stalk, straw, cotton stalk, bamboo sawdust, wood flour, ramie stalk, peanut husk, etc. They are produced by pellet machines or briquetting machines, after going through several processing procedures, such as crushing, drying, mixing, molding or compressing, etc. And the final products are pellets, bars, and briquettes, which are used as a replacement for coal, gasoline gas and other traditional fossil fuels. Biomass Pellet is a kind of renewable fuel. It is widely used in European countries.Europe is the largest Biomass Pellets market with about 34% market share. United States is follower, accounting for about 20% market share.The key players are Sinopeak, Aoke Ruifeng, ROSHT, Suji Energy-saving Technology, TONGXIN, Senon Renewable Energy, Agroforestry Low-Carbon Holdings, KAIDI, SUZHOU XI RUI NEW ENERGY, HU ZHOU WEI GE, Devotion Corporation, YIHONG, Xinding BMF, JIANGHE BIOMASS ENERGY, GuangZhou HouMing, XINGLI, Shengchang Bioenergy, Sanmu Energy Development etc. Top 3 companies occupied about 12% market share.The global Biomass Pellets market was valued at USD 8231.5 million in 2020 and it is expected to reach USD 13650 million by the end of 2027, growing at a CAGR of 7.5% during 2021-2027.Global Biomass Pellets Market: Drivers and RestrainsThe research report has incorporated the analysis of different factors that augment the marketâs growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expertâs opinions have been taken to understand the market better.Global Biomass Pellets Market: Segment AnalysisThe research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.Segment by Type Agricultural Products Forestry Products Domestic and Municipal Wastes Energy CropsSegment by Application Woodies Herbs OthersBy Company Sinopeak Aoke Ruifeng ROSHT Suji Energy-saving Technology TONGXIN Senon Renewable Energy Agroforestry Low-Carbon Holdings KAIDI SUZHOU XI RUI NEW ENERGY HU ZHOU WEI GE Devotion Corporation YIHONG Xinding BMF JIANGHE BIOMASS ENERGY GuangZhou HouMing XINGLI Shengchang Bioenergy Sanmu Energy DevelopmentProduction by Region North America Europe China JapanConsumption by Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East and Africa Turkey Saudi Arabia U.A.E
This Biomass Pellets MarketResearch Report provides a complete analysis and insights into the market's size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and regional industrial presence. The goal of the market research is to obtain a complete understanding of the Chemical and Material industry and its business potential. The Biomass Pellets Market Report is 120 pages long and includes a comprehensive table of contents, 140 a list of figures, tables and charts, as well as extensive analysis.
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Competitive Landscape:
The Top Key Players in the Biomass Pellets industry are as follows:
● Sinopeak
● Aoke Ruifeng
● ROSHT
● Suji Energy-saving Technology
● TONGXIN
● Senon Renewable Energy
● Agroforestry Low-Carbon Holdings
● KAIDI
● SUZHOU XI RUI NEW ENERGY
● HU ZHOU WEI GE
● Devotion Corporation
● YIHONG
● Xinding BMF
● JIANGHE BIOMASS ENERGY
● GuangZhou HouMing
● XINGLI
● Shengchang Bioenergy
● Sanmu Energy Development
and More..
These significant firms utilize a range of tactics to establish market brand identification, including product launch, merger and acquisition, acquisition, joint venture, and partnership.
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Market Segmentation:
Breakup by Product Type:
● Agricultural Products
● Forestry Products
● Domestic and Municipal Wastes
● Energy Crops
Breakup by Application:
● Woodies
● Herbs
● Others
Regional Insights:
The countries section of the research includes selected market variables that drive current and future market developments. Consumption, import/export analysis, material prices, and upstream and downstream value chain analysis are some indicators utilized to estimate each country's market position.
Geographically,
● North America (US, Canada, Mexico)
● Europe (UK, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
● Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
● Latin America (Brazil, Rest of LA)
● Middle East and Africa (Turkey, GCC, Rest of Middle East)
This section of the research provides essential insights into different geographies and, as a result, the major corporations functioning in each region.
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The epidemic is still causing tremendous disruption in industries throughout the world. We've been tracking the direct and indirect consequences of the COVID-19 outbreak on the Biomass Pellets market. To Know How Covid-19 Pandemic will Impact this Industry -https://www.precisionreports.co/enquiry/request-covid19/19862296
Table of Contents:
With tables and figures to help analyze the global Biomass Pellets market trends, this study provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1 Biomass Pellets Market Overview
1.1 Product Scope
1.2 Segment by Type
1.3 Segment by Application
1.4 Market Estimates and Forecasts (2018-2029)
1.4.1 Global Market Size in Value Growth Rate (2018-2029)
1.4.2 Global Market Size in Volume Growth Rate (2018-2029)
1.4.3 Global Price Trends (2018-2029)
2 Biomass Pellets Estimates and Forecasts by Region
2.1 Global Market Size by Region: 2018 VS 2022 VS 2029
2.2 Global Retrospective Market Scenario by Region (2018-2023)
2.2.1 Global Sales Market Share by Region (2018-2023)
2.2.2 Global Revenue Market Share by Region (2018-2023)
2.3 Global Market Estimates and Forecasts by Region (2024-2029)
2.3.1 Global Sales Estimates and Forecasts by Region (2024-2029)
2.3.2 Global Revenue Forecast by Region (2024-2029)
2.4 Geographic Market Analysis: Market Facts and Figures
2.4.1 United States Estimates and Projections (2018-2029)
2.4.2 Europe Estimates and Projections (2018-2029)
2.4.3 China Estimates and Projections (2018-2029)
2.4.4 Japan Estimates and Projections (2018-2029)
2.4.5 Southeast Asia Estimates and Projections (2018-2029)
2.4.6 India Estimates and Projections (2018-2029)
3 Global Biomass Pellets Competition Landscape by Players
3.1 Global Top Players by Sales (2018-2023)
3.2 Global Top Players by Revenue (2018-2023)
3.3 Global Market Share by Company Type (Tier 1, Tier 2 and Tier 3) and (based on the Revenue)
3.4 Global Average Price by Company (2018-2023)
3.5 Manufacturing Sites, Area Served, Product Type
3.6 Mergers and Acquisitions, Expansion Plans
4 Global Biomass Pellets Market Size by Type
4.1 Global Historic Market Review by Type (2018-2023)
4.2 Global Market Estimates and Forecasts by Type (2024-2029)
5 Global Market Size by Application
5.1 Global Historic Market Review by Application (2018-2023)
5.2 Global Market Estimates and Forecasts by Application (2024-2029)
6 United States Market Facts and Figures
6.1 United States Sales by Company
6.2 United States Sales Breakdown by Type
6.3 United States Sales Breakdown by Application
7 Europe Market Facts and Figures
7.1 Europe Sales by Company
7.2 Europe Sales Breakdown by Type
7.3 Europe Sales Breakdown by Application
8 China Market Facts and Figures
8.1 China Sales by Company
8.2 China Sales Breakdown by Type
8.3 China Sales Breakdown by Application
9 Japan Market Facts and Figures
10 Southeast Asia Market Facts and Figures
11 India Market Facts and Figures
12 Company Profiles and Key Figures in Biomass Pellets Business
13 Biomass Pellets Manufacturing Cost Analysis
13.1 Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Key Raw Materials Price Trend
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis
13.4 Industrial Chain Analysis
14 Marketing Channel, Distributors and Customers
14.1 Marketing Channel
14.2 Distributors List
14.3 Customers
15 Market Dynamics
15.1 Industry Trends
15.2 Market Drivers
15.3 Market Challenges
15.4 Market Restraints
16 Research Findings and Conclusion
17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author List
17.3 Disclaimer
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Key Benefits for Stakeholders:
● The research provides a detailed quantitative analysis of key market segments, historical and current industry trends, market estimations, and market growth for the Biomass Pellets market.
● The research report gives the most recent information on market drivers, challenges, and opportunities.
● The research identifies the leading and fastest-growing regional marketplaces. It also allows stakeholders to identify the important country-level marketplaces within each area.
● Porter's five forces analysis supports stakeholders in measuring the influence of new entrants, competitive rivalry, supplier power, buyer power, and the possibility of replacement. It enables stakeholders to assess the amount of competition in the Biomass Pellets business as well as its attractiveness.
● The competitive landscape helps stakeholders understand their competitive environment and gives insight into the present positions of important companies.
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Drivers, Restrains and Research Methodology:
The research report provides an analysis of the various factors driving the market's growth. The factors that impede market growth are fundamental because they create different curves to seize opportunities in emerging markets. Data collection and analysis for the base year were carried out using a large sample data collection module. The main research methodologies are data mining, data triangulation, including analysis of the impact of variable data on the market, and initial validation (industry experts). Separately, the data model includes a supplier positioning grid, market timeline analysis, market overview and leadership, company positioning grid, company market share analysis, metrics, top-down analysis, and supplier engagement analysis. For further information on this report, please Request a Sample Copy of "Global Biomass Pellets Market Outlook 2022" Here.
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FAQs
Analysis of Biomass Pellets Market Size, Regional Status, and Outlook 2023-2030? ›
Due to the COVID-19 pandemic, the global Biomass Pellets market size is estimated to be worth USD 8846.3 million in 2022 and is forecast to a readjusted size of USD 14760 million by 2030 with a CAGR of 7.5% during the forecast period 2023-2030.
What is the outlook for the biomass market? ›The global biomass power market size was reached at USD 134.76 billion in 2022 and it is anticipated to hit around USD 210.5 billion by 2030. What will be the CAGR of global biomass power market? The global biomass power market is projected to grow at a CAGR of 5.73% over the forecast period 2022 to 2030.
How big is the biomass industry? ›The global biomass power generation market in terms of revenue was estimated to be worth $91.3 billion in 2023 and is poised to reach $105.7 billion by 2028, growing at a CAGR of 3.0 % from 2023 to 2028.
How big is the global wood pellet market? ›...
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 8.55 billion |
| Revenue forecast in 2030 | USD 13.38 billion |
| Growth Rate | CAGR of 5.5% from 2022 to 2030 |
The global biomass power market size was valued at USD 121,340.76 million in 2021 and is projected to exhibit a compound annual growth rate (CAGR) of 6.0% from 2022 to 2030.
What is the current status of biomass? ›Current Status
As on 31.10. 2022, a total capacity of 10205.61 MW has been installed in Biomass Power and Cogeneration Sector.
The future potential of biomass for energy depends on protection of agricultural land against desertification, degradation, limitless urbanization as well as protection and increase of forest area. Permanent innovation in agricultural yields plays a major role in increasing potential for food and fuel production.
What are the top 5 states for producing biomass? ›Forbes magazine has named North Dakota, Iowa, Mississippi, Georgia and North Carolina as the top five U.S. states for producing biomass feedstocks. According to the Forbes article, biomass feedstocks include agricultural and forest residues, including yard and wood waste.
Who is the biggest biomass producer? ›The United States was the leading biofuel producer in the world in 2021, with production amounting to 1,436 petajoules. Brazil and Indonesia ranked second and third, with figures at roughly 840 and 312 petajoules, respectively.
Where is the biggest biomass plant in the US? ›Southern Company's 100 MW Nacogdoches Generating Facility – which the company calls the nation's largest biomass plant – is now operational and putting electricity on the grid in Texas. The plant, which occupies a 165-acre tract of land near Sacul in east Texas, is fueled by non-merchantable wood waste.
Who are the largest pellet producers? ›
Enviva is the world's largest producer of industrial wood pellets, which are used an energy source used to generate electricity and heat.
Are pellet prices going up? ›The price of pellets began to rise rapidly since May of 2021. The price of pellets is subject to the availability of the raw materials used to manufacture them, the abundance of stock and the buying patterns of the consumer.
What are the statistics of biomass? ›In 2019, domestic supply of biomass was 56.9 EJ globally. 85% of the domestic supply was from solid biomass sources including wood chips, wood pellets and traditional biomass sources. Liquid biofuels accounted for 8%, municipal and industrial waste sectors accounted for 5% followed by biogas at 2%.
What is the most valuable biomass? ›Numerous studies have revealed that lignocellulosic biomass is the most potent resource for the production of valuable compounds. It has been considered an abundant renewable resource with carbon–neutral potential that can reduce CO2 emission and environmental pollution.
What is the biggest use of biomass energy in the US? ›Biomass energy supports U.S. agricultural and forest-product industries. The main biomass feedstocks for power are paper mill residue, lumber mill scrap, and municipal waste.
What is the biggest problem with biomass? ›The cons of biomass energy
In addition to CO2, burning biomass fuels results in the release of various other harmful gases such as carbon monoxide, NOx (nitrogen oxides), and VOCs (volatile organic compounds), which all contribute to air pollution.
When power plants use biomass as fuel—in particular biomass that comes from forests—they can increase carbon emissions compared to coal and other fossil fuels for decades. The biomass industry also imperils some of our most precious forests.
What is the trend of biomass? ›The rate of growth of total biomass consumption is relatively low and is slowing down: It is projected to be 1.2% per annum between 1995 and 2000, 1.1% between 2000 and 2010, and 1% between 2010 and 2020.
What are 3 cons of biomass energy? ›- Biomass energy is not as efficient as fossil fuels. Some biofuels, like Ethanol, is relatively inefficient as compared to gasoline. ...
- It is not entirely clean. ...
- Can lead to deforestation. ...
- Biomass plants require a lot of space.
Impact on the environment: The biomass plantation depletes nutrients from soil, promote aesthetic degradation and increase the loss of biodiversity. Other social impacts will result from installation of energy farms within rural areas like increased need of services, increased traffic, etc.
How long will biomass last? ›
| System Useful Life | Years |
|---|---|
| Biomass Combined Heat and Power | 20 to 30 yr |
| Biomass Heat | 20 to 30 yr |
| Solar Water Heat | 10 to 25 yr |
| Solar Vent Preheat | 30 to 40 yr |
Alfalfa produces high net energy yield – that is, the energy required for production is far lower than the total energy contained in the crop. This is due, in part, to biological nitrogen fixation. Unlike corn and other grass crops, alfalfa can obtain nitrogen from the air.
Which country consumes the most biomass? ›Based on a comparison of 57 countries in 2016, USA ranked the highest in geothermal, biomass and other consumption with 84,607 GWh followed by China and Germany.
What animal has the most biomass on Earth? ›Among the most widespread animals are humans. 6.9 billion people averaging 50kg each equals roughly 350 million tonnes. Staggeringly, cow biomass exceeds 650 million tonnes (1.3 billion cattle conservatively weighing 500kg each). The only wild species in the running is Antarctic Krill.
Is there a shortage of pellets? ›The supply situation is dicey enough that the national Pellet Fuels Institute is cautioning users who depend on them to stock up soon. And even though there is no shortage yet, the possibility of one combined with pressure from high diesel prices and labor shortages is showing up in higher prices.
Is a pellet business profitable? ›Wood pellets are important commodity in the world for industrial or household use. The pellets are a common type of biomass. It has become profitable to build wood pellet plant.
What is the best quality of pellets? ›The best pellets are in the 8,000-8,500 range. Low Moisture Content - If you use low moisture pellets it won't take as long to light your pellet stove. The best pellets have a moisture content of 6.5% and below. Low Ash Content - This describes how much ash is left over in proportion to how much wood was burned.
Who is the largest importer of wood pellets? ›The United Kingdom is the largest importer of wood pellets in the world. In 2021, the UK imported over nine million metric tons of such products.
Who is the biggest exporter of wood pellets? ›The United States was the world's greatest wood pellet exporter country in 2021, with an export volume of over 7.5 million metric tons.
How many tons of pellets to buy? ›Pellets are sold in 40-pound bags. Depending on factors related to your home size and pellet stove usage, you should be able to get around 24 hours of heat from one bag of pellets. There are 50 40-pound bags in one ton, and we recommend 2 tons to 5 tons to last you the entire heating season.
Will biomass pellets be used in the future? ›
Biomass Pellets Market Outlook (2023 to 2033)
The market is projected to exhibit an impressive CAGR of 6.7% from 2023 to 2033. Biomass pellets are widely utilized type of wood pellets. Biomass pellets are expected to hold 70 to 75% market share for wood pellets worldwide.
After installation, you'll need to buy the pellets to keep your stove fueled and burning - most homeowners using pellet stoves need between two and three tons of pellet fuel per year, and with pellets costing somewhere between $180 and $250 per ton, you might pay up to $750 each year for pellet fuel.
What is the shelf life of pellet? ›If you heat all or part of your home with pellets, purchasing and stocking up on fuel is a periodic ritual. Protecting your investment by storing them properly is important. In fact, with proper storage, pellet fuel can have an indefinite shelf life.
What is the outlook for biofuels in 2030? ›Global ethanol production is projected to increase to 132 bln L by 2030, while global biodiesel production is projected to increase to 50 bln L, driven principally by Indonesia's mandate increase over the initial projection years.
Is biomass becoming more popular? ›The use of biomass fuels for transportation and for electricity generation is increasing in many developed countries as a means of avoiding carbon dioxide emissions from fossil fuel use.
What is the trend in biomass consumption? ›In 2021, around 4,835 trillion British thermal units of energy derived from biomass were consumed in the United States.
How big is the biofuel market in 2030? ›Forecast summary. Global demand for biofuels is set to grow by 41 billion litres, or 28%, over 2021-2026 in the main case. The recovery to pre-Covid-19 demand levels accounts for one-fifth of this demand growth.
What is the future of the biofuel industry? ›"The consumption of vegetable oil for biofuel production is expected to increase 46% to 54 million tonnes over 2022-2027." Aviation biofuel or sustainable aviation fuel (SAF) is a liquid fuel produced from a wide range of biomass, including vegetable oils, plant materials, and animal waste.
What are 4 pros about biomass? ›- Biomass is always and widely available as a renewable source of energy. ...
- It is carbon neutral. ...
- It reduces the overreliance of fossil fuels. ...
- Is less expensive than fossil fuels. ...
- Biomass production adds a revenue source for manufacturers. ...
- Less garbage in landfills.
What are the economic issues of biomass? ›
The main barriers in biomass and biofuel development are feedstock high cost, lack of reliable supply, and uncertainties.
What consumes the most biomass? ›Most ocean plant biomass is eaten by the ocean animals. Humans compose about 100 million tonnes of the Earth's dry biomass, domesticated animals about 700 million tonnes, earthworms over 1,100 million tonnes, and annual cereal crops about 2.3 billion tonnes.