Market Overview:
The global bio-coal market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for renewable energy sources and rising awareness about the benefits of bio-coal. The global bio-coal market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into solid cylindrical type, RUF type and Pini-Kay type. On the basis of application, the market is segmented into power generation, residential and commercial heating and others. The power generation sector accounts for a major share in terms of revenue in this market owing to increasing demand for electricity across all regions. Geographically, North America dominates this market followed by Europe due to high adoption rate of bio-coal as an alternative fuel source in these regions.
Product Definition:
Bio-coal is a type of biofuel produced from biomass. Biomass is any organic matter that can be used as fuel, such as wood, crops, or waste material. Bio-coal is made by heating the biomass in a kiln until it carbonizes. The resulting product is a black coal-like substance that can be burned like regular coal to produce heat and energy. Bio-coal has several advantages over other types of biofuels such as ethanol or biodiesel.
Solid Cylindrical Type:
Solid cylindrical type is a new technology in coal mining. It uses horizontal drilling to mine the coal. The drill cuts are made at an angle of 45 degrees and then they go straight down to the required depth. This method reduces the time taken for mining and also reduces significantly the amount of explosives used during mining, which makes it safer for workers as well as environment friendly.
RUF Type:
RUF type is a method used to estimate the carbon content in biomass. It helps in classifying different types of biomass, such as agricultural waste, wood and charcoal. The method estimates the amount of carbon present in organic compounds using infrared gas analyzers (IRGA).
The global bio-coal market size was valued at USD 8.5 billion in 2016.
Application Insights:
Power generation was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Increasing use of bio-coal in power generation plants across the world is expected to drive demand over the coming years. Residential and commercial heating are other major applications of bio-coal, wherein it is used as a fuel for boilers, furnaces and fireplaces. The growing usage of wood pellets for space heating purposes in residential areas will drive demand from this segment.
The product finds limited usage as an industrial material owing to its high cost when compared with coal; however, it has potential as a replacement material for coal mine workers who suffer from various health problems due to long working hours underground involving physical labor with low oxygen content at depths greater than 800 m below surface level which can cause fatal accidents during mining activities worldwide including China, India & South Africa regions where majority of mines are located.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of coal-based power plants, which are projected to play an important role in augmenting demand for bio-coal. China is one of the largest producers and consumers of solid biomass fuels across the globe.
The country has been witnessing rapid growth in urbanization, industrialization, and GDP growth rates on account of economic reforms initiated by Chinese government since 2015. This trend is projected to have a positive impact on regional market development over next eight years as per BP Energy Outlook 2018 Report published by British Petroleum Company Limited (BP).
Europe accounted for more than 20% share owing to rising environmental concerns among people about carbon emissions from conventional fossil fuels such as oil, gas,.
Growth Factors:
- Increasing demand for bio-coal from the power sector as a substitute to conventional coal
- Government initiatives and subsidies for promotion of bio-coal
- Rising prices of conventional fuels such as coal, oil and gas
- Growing awareness about the benefits of using bio-coal among consumers and industries
- Technological advancements in production processes of bio-coal
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio-coal Market Research Report
By Type
Solid Cylindrical Type, RUF Type, Pini-Kay Type
By Application
Power Generation, Residential and Commercial Heating, Others
By Companies
BIOMAC, BMK Woods, BIOGRA, Biomass-wood, VIGIDAS PACK, Wood Energo, BALT WOOD, Green Biocoal, SGFE, Chardust, BIOMAC, Well Seasoned Wood, Lignetics, Real Tech Engineering, Zhengzhou Xindi, Norfolk Oak, Brennholzlieferant, EcoBlaze
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Bio-coal Market Report Segments:
The global Bio-coal market is segmented on the basis of:
Types
Solid Cylindrical Type, RUF Type, Pini-Kay Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Generation, Residential and Commercial Heating, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BIOMAC
- BMK Woods
- BIOGRA
- Biomass-wood
- VIGIDAS PACK
- Wood Energo
- BALT WOOD
- Green Biocoal
- SGFE
- Chardust
- BIOMAC
- Well Seasoned Wood
- Lignetics
- Real Tech Engineering
- Zhengzhou Xindi
- Norfolk Oak
- Brennholzlieferant
- EcoBlaze
Highlights of The Bio-coal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Cylindrical Type
- RUF Type
- Pini-Kay Type
- By Application:
- Power Generation
- Residential and Commercial Heating
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bio-coal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bio-coal is a type of coal that is made from plant materials. This type of coal can be used to create electricity, heat homes, and produce other forms of energy.
Some of the key players operating in the bio-coal market are BIOMAC, BMK Woods, BIOGRA, Biomass-wood, VIGIDAS PACK, Wood Energo, BALT WOOD, Green Biocoal, SGFE, Chardust, BIOMAC, Well Seasoned Wood, Lignetics, Real Tech Engineering, Zhengzhou Xindi, Norfolk Oak, Brennholzlieferant, EcoBlaze.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bio-coal Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bio-coal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bio-coal Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bio-coal Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bio-coal Market Size & Forecast, 2018-2028
4.5.1 Bio-coal Market Size and Y-o-Y Growth
4.5.2 Bio-coal Market Absolute $ Opportunity
Chapter 5 Global Bio-coal Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bio-coal Market Size Forecast by Type
5.2.1 Solid Cylindrical Type
5.2.2 RUF Type
5.2.3 Pini-Kay Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bio-coal Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bio-coal Market Size Forecast by Applications
6.2.1 Power Generation
6.2.2 Residential and Commercial Heating
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bio-coal Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bio-coal Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bio-coal Analysis and Forecast
9.1 Introduction
9.2 North America Bio-coal Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bio-coal Market Size Forecast by Type
9.6.1 Solid Cylindrical Type
9.6.2 RUF Type
9.6.3 Pini-Kay Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bio-coal Market Size Forecast by Applications
9.10.1 Power Generation
9.10.2 Residential and Commercial Heating
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bio-coal Analysis and Forecast
10.1 Introduction
10.2 Europe Bio-coal Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bio-coal Market Size Forecast by Type
10.6.1 Solid Cylindrical Type
10.6.2 RUF Type
10.6.3 Pini-Kay Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bio-coal Market Size Forecast by Applications
10.10.1 Power Generation
10.10.2 Residential and Commercial Heating
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bio-coal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bio-coal Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bio-coal Market Size Forecast by Type
11.6.1 Solid Cylindrical Type
11.6.2 RUF Type
11.6.3 Pini-Kay Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bio-coal Market Size Forecast by Applications
11.10.1 Power Generation
11.10.2 Residential and Commercial Heating
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bio-coal Analysis and Forecast
12.1 Introduction
12.2 Latin America Bio-coal Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bio-coal Market Size Forecast by Type
12.6.1 Solid Cylindrical Type
12.6.2 RUF Type
12.6.3 Pini-Kay Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bio-coal Market Size Forecast by Applications
12.10.1 Power Generation
12.10.2 Residential and Commercial Heating
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bio-coal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bio-coal Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bio-coal Market Size Forecast by Type
13.6.1 Solid Cylindrical Type
13.6.2 RUF Type
13.6.3 Pini-Kay Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bio-coal Market Size Forecast by Applications
13.10.1 Power Generation
13.10.2 Residential and Commercial Heating
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bio-coal Market: Competitive Dashboard
14.2 Global Bio-coal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BIOMAC
14.3.2 BMK Woods
14.3.3 BIOGRA
14.3.4 Biomass-wood
14.3.5 VIGIDAS PACK
14.3.6 Wood Energo
14.3.7 BALT WOOD
14.3.8 Green Biocoal
14.3.9 SGFE
14.3.10 Chardust
14.3.11 BIOMAC
14.3.12 Well Seasoned Wood
14.3.13 Lignetics
14.3.14 Real Tech Engineering
14.3.15 Zhengzhou Xindi
14.3.16 Norfolk Oak
14.3.17 Brennholzlieferant
14.3.18 EcoBlaze
