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.
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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
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
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:
Types
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.
Applications
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:
- 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
 Market Overview.svg)
Highlights of The Biomass Fuel (PKS) 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:
- Bulk Biomass Briquette
- Biomass Pellet
- By Application:
- Residential
- Business
- Industry
- 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 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
 Market Statistics.svg)
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?
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.
14.3.5 NISSIN BIO ENERGY SDN. BHD.
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
