Global Biomass Pellets Market Growth 2023-2029

Global Biomass Pellets Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Biomass Pellets Industry Forecast” looks at past sales and reviews total world Biomass Pellets sales in 2022, providing a comprehensive analysis by region and market sector of projected Biomass Pellets sales for 2023 through 2029. With Biomass Pellets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomass Pellets industry.

This Insight Report provides a comprehensive analysis of the global Biomass Pellets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biomass Pellets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biomass Pellets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomass Pellets and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biomass Pellets.

The global Biomass Pellets market size is projected to grow from US$ 8653.9 million in 2022 to US$ 14620 million in 2029; it is expected to grow at a CAGR of 14620 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Biomass Pellets market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Agricultural Products

Forestry Products

Domestic and Municipal Wastes

Energy Crops

Segmentation by application

Woodies

Herbs

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biomass Pellets market?

What factors are driving Biomass Pellets market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biomass Pellets market opportunities vary by end market size?

How does Biomass Pellets break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.