Global Palm Kernel Shell (PKS) Market Growth 2025-2031

The global Palm Kernel Shell (PKS) market size is predicted to grow from US$ 1858 million in 2025 to US$ 3120 million in 2031; it is expected to grow at a CAGR of 9.0% from 2025 to 2031.

Palm Kernel Shell (PKS) refers to the hard, fibrous outer shell of the palm kernel, a byproduct of palm oil production. It is widely used as a biomass fuel due to its high calorific value, low ash content, and renewability. PKS is an economical and sustainable alternative to fossil fuels, commonly employed in industrial boilers, power generation, and cement kilns.

United States market for Palm Kernel Shell (PKS) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Palm Kernel Shell (PKS) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Palm Kernel Shell (PKS) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Palm Kernel Shell (PKS) players cover Iwatani Corporation, NISSIN BIO ENERGY, DSNG (PT Dharma Satya Nusantara Tbk), BIO ENECO, Palmline Bioenergy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Palm Kernel Shell (PKS) Industry Forecast” looks at past sales and reviews total world Palm Kernel Shell (PKS) sales in 2024, providing a comprehensive analysis by region and market sector of projected Palm Kernel Shell (PKS) sales for 2025 through 2031. With Palm Kernel Shell (PKS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Palm Kernel Shell (PKS) industry.

This Insight Report provides a comprehensive analysis of the global Palm Kernel Shell (PKS) 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 Palm Kernel Shell (PKS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Palm Kernel Shell (PKS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Palm Kernel Shell (PKS) 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 Palm Kernel Shell (PKS).

This report presents a comprehensive overview, market shares, and growth opportunities of Palm Kernel Shell (PKS) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
PKS Briquettes
PKS Pellets
Others

Segmentation by Application:
Industrial Heating
Power Generation
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 analysing the company's coverage, product portfolio, its market penetration.
Iwatani Corporation
NISSIN BIO ENERGY
DSNG (PT Dharma Satya Nusantara Tbk)
BIO ENECO
Palmline Bioenergy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Palm Kernel Shell (PKS) market?

What factors are driving Palm Kernel Shell (PKS) market growth, globally and by region?

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

How do Palm Kernel Shell (PKS) market opportunities vary by end market size?

How does Palm Kernel Shell (PKS) break out by Type, by Application?

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