Market Overview:
The global biofuel pellets testing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for quality, heat value and trace elements in biofuel pellets. The application segment of wood is expected to dominate the global biofuel pellets testing market during the forecast period. North America is expected to lead the global biofuel pellets testing market in terms of revenue during the forecast period.
Product Definition:
Biofuel Pellets Testing is the process of evaluating the quality of biofuel pellets. The importance of Biofuel Pellets Testing is to ensure that the pellets are consistent in quality and meet all requirements for use as a fuel.
Quality:
Quality is a measure of the degree to which a product or service conforms to certain standards. In the case of biofuel pellets, these are pellet stoves and pellet fireplaces that have been designed and manufactured according to quality standards set by international regulatory bodies such as U.S. EPA, EU Commission for Energy Efficiency (CEE), British Retail Consortium (BRC) etc.
Heat Value:
The heat value is the amount of energy that a substance or material can potentially generate. It is measured in British Thermal Units (BTU) and represents the amount of heat required to raise one pound of water by one degree Fahrenheit. The higher the Heat Value (HV), the more efficient a material is at converting thermal energy into chemical energy, i.e.
Application Insights:
Biofuel pellet is used as a fuel in the wood stoves and fireplaces. The application segment includes waste paper, plant fibers, and other applications such as animal feed or industrial use. Wood pellets are expected to be the major application segment over the forecast period owing to increasing demand from European countries such as Germany, France, Italy and Spain for using it in fireplaces.
The others application segment includes food & beverage processing industry which uses biofuel pellets for space heating or cooling applications. Increasing demand from these industries is anticipated to drive growth over the forecast period. Biofuel pellet testing market by region including North America Latin America Europe Asia Pacific Middle East & Africa is expected to grow at a CAGR of XX% from 2018 to 2030 owingto rising environmental concerns regarding greenhouse gas emissions due largelyto increased usage of coal-based electricity generation worldwide especially in China India U.S.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for over 40% of the overall revenue share. The region is expected to witness a significant growth rate of 7.5% from 2018 to 2030 owing to increasing government initiatives and rising awareness about biofuel pellets products. In addition, growing transportation sector in emerging economies such as China, India, Indonesia and Malaysia will drive the demand further.
Europe is anticipated to be one of the fastest-growing regions over the forecast period owing to stringent regulations regarding carbon emission by various governments coupled with rising environmental concerns among consumers regarding fuel emissions resulting from conventional fossil fuel based energy sources used for power generation activities in industries & commercial sectors including heating & cooling equipment, refrigeration units). Increasing R&D expenditure on developing bioenergy pellet products due high scarcity of hardwood trees will augment industry growth over next eight years (2022 - 2030).
Growth Factors:
- Increasing demand for biofuel pellets from the residential and commercial sectors as a result of growing environmental concerns over the use of traditional fuels
- Proliferation of stringent environmental regulations governing emissions from traditional fuel combustion sources, which is driving the adoption of biofuel pellets as a cleaner alternative
- Growing investments in research and development initiatives for improving the efficiency and performance of biofuel pellet-based systems
- Rising awareness about the benefits offered by biofuel pellets among consumers, which is resulting in an increase in demand for these products
- Technological advancements that are making it easier to produce high-quality biofuel pellets at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Biofuel Pellets Testing Market Research Report
By Type
Quality, Heat Value, Trace Elements
By Application
Wood, Plant Fibers, Waste Paper
By Companies
Intertek, SGS, Biomass Energy Lab, SOCOTEC, Bureau Veritas, Engie Laborelec, Collateral Services, Scion
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Biofuel Pellets Testing Market Report Segments:
The global Biofuel Pellets Testing market is segmented on the basis of:
Types
Quality, Heat Value, Trace Elements
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
Wood, Plant Fibers, Waste Paper
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:
- Intertek
- SGS
- Biomass Energy Lab
- SOCOTEC
- Bureau Veritas
- Engie Laborelec
- Collateral Services
- Scion
Highlights of The Biofuel Pellets Testing 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:
- Quality
- Heat Value
- Trace Elements
- By Application:
- Wood
- Plant Fibers
- Waste Paper
- 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 Biofuel Pellets Testing 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Biofuel pellets testing is a process that is used to determine the quality of biofuel pellets. Biofuel pellets are made from plant materials, such as corn, soybean or sugarcane, and they are used in place of traditional fuel sources like gasoline or diesel. The quality of a biofuel pellet depends on its composition and how well it burns.
Some of the major companies in the biofuel pellets testing market are Intertek, SGS, Biomass Energy Lab, SOCOTEC, Bureau Veritas, Engie Laborelec, Collateral Services, Scion.
The biofuel pellets testing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biofuel Pellets Testing 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 Biofuel Pellets Testing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biofuel Pellets Testing 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 Biofuel Pellets Testing 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 Biofuel Pellets Testing Market Size & Forecast, 2018-2028
4.5.1 Biofuel Pellets Testing Market Size and Y-o-Y Growth
4.5.2 Biofuel Pellets Testing Market Absolute $ Opportunity
Chapter 5 Global Biofuel Pellets Testing 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 Biofuel Pellets Testing Market Size Forecast by Type
5.2.1 Quality
5.2.2 Heat Value
5.2.3 Trace Elements
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Biofuel Pellets Testing 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 Biofuel Pellets Testing Market Size Forecast by Applications
6.2.1 Wood
6.2.2 Plant Fibers
6.2.3 Waste Paper
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biofuel Pellets Testing 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 Biofuel Pellets Testing 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 Biofuel Pellets Testing Analysis and Forecast
9.1 Introduction
9.2 North America Biofuel Pellets Testing 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 Biofuel Pellets Testing Market Size Forecast by Type
9.6.1 Quality
9.6.2 Heat Value
9.6.3 Trace Elements
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 Biofuel Pellets Testing Market Size Forecast by Applications
9.10.1 Wood
9.10.2 Plant Fibers
9.10.3 Waste Paper
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 Biofuel Pellets Testing Analysis and Forecast
10.1 Introduction
10.2 Europe Biofuel Pellets Testing 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 Biofuel Pellets Testing Market Size Forecast by Type
10.6.1 Quality
10.6.2 Heat Value
10.6.3 Trace Elements
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 Biofuel Pellets Testing Market Size Forecast by Applications
10.10.1 Wood
10.10.2 Plant Fibers
10.10.3 Waste Paper
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 Biofuel Pellets Testing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Biofuel Pellets Testing 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 Biofuel Pellets Testing Market Size Forecast by Type
11.6.1 Quality
11.6.2 Heat Value
11.6.3 Trace Elements
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 Biofuel Pellets Testing Market Size Forecast by Applications
11.10.1 Wood
11.10.2 Plant Fibers
11.10.3 Waste Paper
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 Biofuel Pellets Testing Analysis and Forecast
12.1 Introduction
12.2 Latin America Biofuel Pellets Testing 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 Biofuel Pellets Testing Market Size Forecast by Type
12.6.1 Quality
12.6.2 Heat Value
12.6.3 Trace Elements
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 Biofuel Pellets Testing Market Size Forecast by Applications
12.10.1 Wood
12.10.2 Plant Fibers
12.10.3 Waste Paper
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) Biofuel Pellets Testing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Biofuel Pellets Testing 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) Biofuel Pellets Testing Market Size Forecast by Type
13.6.1 Quality
13.6.2 Heat Value
13.6.3 Trace Elements
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) Biofuel Pellets Testing Market Size Forecast by Applications
13.10.1 Wood
13.10.2 Plant Fibers
13.10.3 Waste Paper
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 Biofuel Pellets Testing Market: Competitive Dashboard
14.2 Global Biofuel Pellets Testing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intertek
14.3.2 SGS
14.3.3 Biomass Energy Lab
14.3.4 SOCOTEC
14.3.5 Bureau Veritas
14.3.6 Engie Laborelec
14.3.7 Collateral Services
14.3.8 Scion
