Market Overview:
The global fuel briquettes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for energy-efficient heating solutions and rising awareness about environment-friendly fuels. The global fuel briquettes 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. The solid cylindrical type segment is expected to hold a major share in the global fuel briquettes market during the forecast period owing to its high efficiency and easy availability across regions. On the basis of application, power generation held a major share in 2017 owing to increased demand for electricity worldwide coupled with stringent government regulations mandating use of renewable sources of energy such as biomass for power generation purposes.
Product Definition:
Fuel briquettes are made of biomass materials such as wood, straw, agricultural wastes, and urban wastes. They are used as a solid fuel to replace coal in industrial furnaces and boilers.
Solid Cylindrical Type:
Solid cylindrical type is a new technology in the fuel briquettes market. It was developed by RENO Powertech, which is an Indian power generation company. The solid cylindrical type has advantages over the traditional types such as it's easy to handle and transport, less space required for storage and can be used directly without any further processing.
RUF Type:
RUF type is a fuel briquette made from coal and other solid fuels. RUFs are used in applications where the heat requirement is low, for instance; household cooking. The global market size was valued at USD 1.53 billion in 2016 and it is expected to grow at a CAGR of XX% over the forecast period on account of increasing demand for household cooking across developing countries including India, China, Vietnam, Bangladesh among others.
Application Insights:
The power generation segment led the global fuel briquettes market in 2017 and is projected to register a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for coal as an energy source from various industrial applications including cement, steel, glass and ceramics manufacturing plants across emerging economies such as China, India and Brazil.
In addition, growing concerns regarding air pollution coupled with rising awareness about environmental protection are expected to drive the demand for fuel briquettes in residential and commercial heating applications globally over the coming years. In addition, governments around the world are increasingly focusing on improving public transportation systems by introducing affordable fares along with improved services that reduce overall carbon emissions significantly leading towards increased adoption of eco-friendly products such as fuel briquettes in developed countries like U.S.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to witness significant growth over the forecast period. Rising disposable income, coupled with increasing population, has been driving demand from developing countries such as China and India. In addition, growing industrialization across these regions will drive product demand further.
The European region accounted for a share of more than 20% in 2017 owing to high penetration of wood-fired heating systems that are popularly used across this region due to cold weather conditions. The Middle East & Africa (MEA) is projected to be one of the fastest-growing regional markets over the forecast period on account of rising oil prices that have resulted in an increase in fuel costs for heaters operating on gas or coal fuels.
Growth Factors:
- Increasing demand for fuel briquettes from residential and commercial sectors as a result of growing awareness about the benefits of using biofuel over traditional fuels.
- Rising prices of conventional fuels such as petrol, diesel, and LPG is expected to boost the demand for fuel briquettes in the coming years.
- Growing concerns about environmental pollution and global warming are likely to promote the use of biofuels, including fuel briquettes in the near future.
- Rapid industrialization and urbanization in developing countries is creating a large demand for energy, which is expected to benefit the fuel briquette market growth significantly over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fuel Briquettes 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, Koscal, 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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Fuel Briquettes Market Report Segments:
The global Fuel Briquettes 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
- Koscal
- Well Seasoned Wood
- Lignetics
- Real Tech Engineering
- Zhengzhou Xindi
- Norfolk Oak
- Brennholzlieferant
- EcoBlaze
Highlights of The Fuel Briquettes 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 Fuel Briquettes 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
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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?
Fuel briquettes are a type of biomass that is made from compressed wood, sawdust, or other plant-based materials. They are typically made into small pellets and used as an alternative fuel for cooking and heating.
Some of the major companies in the fuel briquettes market are BIOMAC, BMK Woods, BIOGRA, Biomass-wood, VIGIDAS PACK, Wood Energo, BALT WOOD, Green Biocoal, SGFE, Chardust, BIOMAC, Koscal, Well Seasoned Wood, Lignetics, Real Tech Engineering, Zhengzhou Xindi, Norfolk Oak, Brennholzlieferant, EcoBlaze.
The fuel briquettes 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 Fuel Briquettes 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 Fuel Briquettes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes Market Size & Forecast, 2018-2028
4.5.1 Fuel Briquettes Market Size and Y-o-Y Growth
4.5.2 Fuel Briquettes Market Absolute $ Opportunity
Chapter 5 Global Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes Analysis and Forecast
9.1 Introduction
9.2 North America Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes Analysis and Forecast
10.1 Introduction
10.2 Europe Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes Analysis and Forecast
12.1 Introduction
12.2 Latin America Fuel Briquettes 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 Fuel Briquettes 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 Fuel Briquettes 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) Fuel Briquettes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fuel Briquettes 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) Fuel Briquettes 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) Fuel Briquettes 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 Fuel Briquettes Market: Competitive Dashboard
14.2 Global Fuel Briquettes 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 Koscal
14.3.13 Well Seasoned Wood
14.3.14 Lignetics
14.3.15 Real Tech Engineering
14.3.16 Zhengzhou Xindi
14.3.17 Norfolk Oak
14.3.18 Brennholzlieferant
14.3.19 EcoBlaze
