Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Biomass Fuel (PKS) Market by Type (Bulk Biomass Briquette, Biomass Pellet), By Application (Residential, Business, Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Biomass Fuel (PKS) Market by Type (Bulk Biomass Briquette, Biomass Pellet), By Application (Residential, Business, Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 373960 4200 Chemical & Material 377 139 Pages 4.5 (50)

Market Overview:

The global biomass fuel market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for renewable energy sources and the growing awareness about the benefits of using biomass fuel. The bulk biomass briquette segment is expected to grow at a CAGR of 7.0% from 2018 to 2030, while the biomass pellet segment is expected to grow at a CAGR of 5.8%. The residential application segment is expected to account for the majority share of the global biomass fuel market in 2018, followed by business and industry applications. In terms of region, North America is projected to lead the global biomass fuel market in 2018, followed by Europe and Asia Pacific.

Global Biomass Fuel (PKS) Industry Outlook

Product Definition:

A biomass fuel is any organic matter that can be burned to produce heat or energy. Biomass fuels include wood, manure, and other plant materials.

Bulk Biomass Briquette:

Bulk biomass brierquette is a by-product obtained during the sugar production process. It consists of around 50% carbon and has low moisture content. The raw material for bulk biomass brierquette is usually delivered to the plant in an advanced state of dryness, which minimizes the risk of spoilage caused by water content.

The global bulk biomass briquette market size was valued at USD 473 million in 2016.

Biomass Pellet:

Biomass Pellet is a type of biomass that is used as an alternative to coal or petroleum products. Biomass pellets are made up of high-quality organic material and can be used directly in the furnace without any further processing. The growing demand for renewable energy resources has led to increased research on developing pellet stoves, which have the ability to replace traditional fuel sources like wood and coal.

Application Insights:

Residential application segment accounted for the largest share of over 50% in 2017. Residential applications include stoves and fireplaces, which are widely used in developing countries including China, India, Brazil and Mexico due to low cost of fuel and easy availability. Biomass pellets are expected to witness significant growth owing to their higher efficiency as compared to other fuels such as wood or coal.

Industry application segment is projected to expand at a CAGR of XX% from 2018 to 2030 on account of its clean combustion quality along with lower price than other fossil based fuels such as coal or petroleum coke pelletized fuel (LPG). The product is majorly used by industries including steel making plants, cement kilns and power plants that produce heat/power using steam turbines or combustion engines respectively.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is mainly attributed to developing economies such as China and India. In 2017, Asia Pacific accounted for a share of more than 50% in terms of consumption and production. China was one of the largest consumers owing to rapid industrialization along with growing residential sector on account of rising population in urban areas coupled with increasing per capita income levels among all social groups including low-income households.

Europe also held a significant share due to large biomass power generation projects across several countries such as Austria, Belgium, France, Germany, Italy.

Growth Factors:

  • Increasing demand for biomass fuel from the power sector as a result of stringent environmental regulations and government policies to promote renewable energy sources.
  • Rapid growth in the number of biomass-based thermal power plants due to the increasing demand for reliable and affordable electricity supply.
  • Rising investments in research and development activities for improving the efficiency of biomass-based thermal power plants.
  • Growing popularity of biomass fuel among industrial users due to its low cost and environmental benefits over traditional fuels such as coal, oil, and natural gas.

Scope Of The Report

Report Attributes

Report Details

Report Title

Biomass Fuel (PKS) Market Research Report

By Type

Bulk Biomass Briquette, Biomass Pellet

By Application

Residential, Business, Industry

By Companies

BIO ENECO™, Biomass Fuel Co., Ltd., Erex, New Energy Development Co., Ltd., NISSIN BIO ENERGY SDN. BHD., DSNG, OVOL New Energy Sdn. Bhd., Hyogo Pulp Co., Ltd., ITOCHU Malaysia Sdn. Bhd., Masdar

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Biomass Fuel (PKS) Market Report Segments:

The global Biomass Fuel (PKS) market is segmented on the basis of:


Bulk Biomass Briquette, Biomass Pellet

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.


Residential, Business, Industry

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:

  2. Biomass Fuel Co., Ltd.
  3. Erex
  4. New Energy Development Co., Ltd.
  6. DSNG
  7. OVOL New Energy Sdn. Bhd.
  8. Hyogo Pulp Co., Ltd.
  9. ITOCHU Malaysia Sdn. Bhd.
  10. Masdar

Global Biomass Fuel (PKS) Market Overview

Highlights of The Biomass Fuel (PKS) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Bulk Biomass Briquette
    2. Biomass Pellet
  1. By Application:

    1. Residential
    2. Business
    3. Industry
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Biomass Fuel (PKS) 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

Global Biomass Fuel (PKS) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Biomass fuel is a type of energy that comes from the organic matter in plants. Biomass can come from things like wood, crop residues, and municipal waste.

Some of the major players in the biomass fuel (pks) market are BIO ENECOâ„¢, Biomass Fuel Co., Ltd., Erex, New Energy Development Co., Ltd., NISSIN BIO ENERGY SDN. BHD., DSNG, OVOL New Energy Sdn. Bhd., Hyogo Pulp Co., Ltd., ITOCHU Malaysia Sdn. Bhd., Masdar.

The biomass fuel (pks) market is expected to grow at a compound annual growth rate of 6.5%.

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biomass Fuel (PKS) 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 Biomass Fuel (PKS) Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Biomass Fuel (PKS) 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 Biomass Fuel (PKS) 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 Biomass Fuel (PKS) Market Size & Forecast, 2020-2028       4.5.1 Biomass Fuel (PKS) Market Size and Y-o-Y Growth       4.5.2 Biomass Fuel (PKS) Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 Bulk Biomass Briquette
      5.2.2 Biomass Pellet
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Residential
      6.2.2 Business
      6.2.3 Industry
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Biomass Fuel (PKS) 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 Biomass Fuel (PKS) 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 Bulk Biomass Briquette
      9.6.2 Biomass Pellet
   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  Market Size Forecast by Applications
      9.10.1 Residential
      9.10.2 Business
      9.10.3 Industry
   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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 Bulk Biomass Briquette
      10.6.2 Biomass Pellet
   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  Market Size Forecast by Applications
      10.10.1 Residential
      10.10.2 Business
      10.10.3 Industry
   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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 Bulk Biomass Briquette
      11.6.2 Biomass Pellet
   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  Market Size Forecast by Applications
      11.10.1 Residential
      11.10.2 Business
      11.10.3 Industry
   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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 Bulk Biomass Briquette
      12.6.2 Biomass Pellet
   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  Market Size Forecast by Applications
      12.10.1 Residential
      12.10.2 Business
      12.10.3 Industry
   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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 Bulk Biomass Briquette
      13.6.2 Biomass Pellet
   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)  Market Size Forecast by Applications
      13.10.1 Residential
      13.10.2 Business
      13.10.3 Industry
   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 Biomass Fuel (PKS) Market: Competitive Dashboard
   14.2 Global Biomass Fuel (PKS) Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 BIO ENECO™
      14.3.2 Biomass Fuel Co., Ltd.
      14.3.3 Erex
      14.3.4 New Energy Development Co., Ltd.
      14.3.6 DSNG
      14.3.7 OVOL New Energy Sdn. Bhd.
      14.3.8 Hyogo Pulp Co., Ltd.
      14.3.9 ITOCHU Malaysia Sdn. Bhd.
      14.3.10 Masdar

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