Market Overview:
The global grass pellet 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 grass pellets as a fuel source. The type segment of the global grass pellet fuel market is divided into straw and grass. The straw segment is expected to dominate the market during the forecast period, owing to its high calorific value and easy availability. However, with technological advancements being made in biomass conversion processes, there is an increasing demand for grass pellets as a fuel source, which is likely to drive the growth of this segment duringthe forecast period.
Product Definition:
Grass pellet fuel is a biomass fuel made from compressed grass clippings, leaves, and other organic matter. It is a relatively new type of renewable energy that has been gaining in popularity in recent years due to its environmental benefits and cost-effectiveness. Grass pellet fuel can be used to generate heat for homes or businesses, or it can be used to power vehicles.
Straw:
Straw is a by-product obtained from the processing of wheat and other cereal grains. It has high moisture content which makes it ideal for animal fodder or as a source of energy for humans. The global straw market size was valued at USD 2,46 billion in 2016 and is expected to grow at an estimated CAGR of XX% over the forecast period on account of rising demand from end-use industries such as construction, automotive, packaging and agriculture among others.
Grass:
Grass is a form of cellulosic plant material, which is grown in fields and pastures. It consists of three parts: the stem, the leaves and the roots. The stem can be cut from the live plant at any time during its growth; however, it contains more starch (energy) than other parts.
Application Insights:
Commercial and residential heating was the largest application segment in 2016, accounting for over 70% of the total demand. Residential applications include floor heating systems, space heaters and cooktops. Increasing urbanization is expected to be a major factor driving growth in this segment over the forecast period.
The power generation segment is projected to witness significant growth during the forecast period on account of increasing investments in coal plants and other forms of conventional energy generation across various countries including China, India and Japan. These fuels are used as an alternative to wood pellets due to their higher calorific value which makes them suitable for use in boilers that produce electricity as well as heat.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of biomass power plants. The region is expected to witness moderate growth over the forecast period, with a CAGR of XX% from 2018 to 2030. Increasing demand for pellets as an alternative fuel for coal and other sources is anticipated to drive regional growth over the forecast period.
The Asia Pacific market was valued at USD X million in 2017 and is projected to register significant growth during the forecast years on account of increasing government initiatives towards sustainable energy production coupled with growing awareness regarding environment protection issues among consumers across countries such as China, India and Japan are expected drive regional demand during the estimated time span.
Growth Factors:
- Increasing demand for biomass energy as an alternative to traditional fuels
- Government initiatives and subsidies for the use of renewable energy sources
- Rising prices of conventional fuels such as oil, gas, and coal
- Environmental concerns over the use of traditional fuels
- Technological advancements in grass pellet fuel production
Scope Of The Report
Report Attributes
Report Details
Report Title
Grass Pellet Fuel Market Research Report
By Type
Straw, Grass
By Application
Residential and Commercial Heating, Power Generation, Others
By Companies
Aoke Ruifeng, China Agrofrestry Low-Carbon Holdings, Mitsubishi, Abellon Clean Energy, AMP Clean Energy, BIOAGRO Energy Osterlen, Canadian Biofuel
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Grass Pellet Fuel Market Report Segments:
The global Grass Pellet Fuel market is segmented on the basis of:
Types
Straw, Grass
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 and Commercial Heating, Power Generation, 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:
- Aoke Ruifeng
- China Agrofrestry Low-Carbon Holdings
- Mitsubishi
- Abellon Clean Energy
- AMP Clean Energy
- BIOAGRO Energy Osterlen
- Canadian Biofuel
Highlights of The Grass Pellet Fuel 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:
- Straw
- Grass
- By Application:
- Residential and Commercial Heating
- Power Generation
- 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 Grass Pellet Fuel 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?
Grass pellets are a type of fuel made from compressed grass. They are often used in small engines, such as lawnmowers and weed whackers, because they provide a high level of energy without producing emissions that can damage the environment.
Some of the major companies in the grass pellet fuel market are Aoke Ruifeng, China Agrofrestry Low-Carbon Holdings, Mitsubishi, Abellon Clean Energy, AMP Clean Energy, BIOAGRO Energy Osterlen, Canadian Biofuel.
The grass pellet fuel 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 Grass Pellet Fuel 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 Grass Pellet Fuel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Grass Pellet Fuel 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 Grass Pellet Fuel 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 Grass Pellet Fuel Market Size & Forecast, 2020-2028
4.5.1 Grass Pellet Fuel Market Size and Y-o-Y Growth
4.5.2 Grass Pellet Fuel 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 Straw
5.2.2 Grass
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 and Commercial Heating
6.2.2 Power Generation
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Grass Pellet Fuel 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 Grass Pellet Fuel 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 Straw
9.6.2 Grass
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 and Commercial Heating
9.10.2 Power Generation
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 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 Straw
10.6.2 Grass
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 and Commercial Heating
10.10.2 Power Generation
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 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 Straw
11.6.2 Grass
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 and Commercial Heating
11.10.2 Power Generation
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 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 Straw
12.6.2 Grass
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 and Commercial Heating
12.10.2 Power Generation
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) 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 Straw
13.6.2 Grass
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 and Commercial Heating
13.10.2 Power Generation
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 Grass Pellet Fuel Market: Competitive Dashboard
14.2 Global Grass Pellet Fuel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aoke Ruifeng
14.3.2 China Agrofrestry Low-Carbon Holdings
14.3.3 Mitsubishi
14.3.4 Abellon Clean Energy
14.3.5 AMP Clean Energy
14.3.6 BIOAGRO Energy Osterlen
14.3.7 Canadian Biofuel
