Asia Pacific Briquettes Market By Type (Saw Dust Briquettes, Agro Waste Briquettes, Wood Briquettes & Others), By Application (Power Generation, Thermal Energy & Others), By Country (China, India, Japan & Australia), Competition, Forecast & Opportunities, 2024

Asia-Pacific briquettes market is expected to grow at a CAGR of around 9% during the forecast period. The increasing demand for fuels coupled with improved renewable energy sources is anticipated to drive the Asia-Pacific briquettes market during the next five years. Additionally, properties such as low ash content, cost-effectiveness and no Sulphur content possessed by briquettes make them a preferred choice over the other conventional sources of fuels. 

The Asia-Pacific briquettes market is segmented based on type, application, country and company. Based on type, the market can be segmented into saw dust briquettes, agro waste briquettes, wood briquettes and others. Agro waste briquettes are expected to dominate the market since they are easy to handle, store and transport. Saw dust briquettes are anticipated to grow at a fast pace during forecast period owing to their low ash content and smokeless use.

The major players operating in the Briquettes market are Energex, Shijiazhung Ningshu Trading Co., Ltd, HT Solar Vietnam Co., Ltd, Virdis Energy Pvt Ltd., Guangzhou Aoke Ruifeug Energy Savings Technology Service Co., Ltd., S.L. Bioenergy, Liaoning Senon Renewable Energy Co., Ltd., Enviva, Pinnacle Renewable Energy Inc., Pacific Bio Energy Corporation and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

• To analyze and forecast the market size of Asia-Pacific briquettes market.
• To classify and forecast Asia-Pacific briquettes market based on type, application, company and country distribution.
• To identify drivers and challenges for Asia-Pacific briquettes market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Asia-Pacific briquettes market.
• To conduct pricing analysis for Asia-Pacific briquettes market.
• To identify and analyze the profile of leading players operating in Asia-Pacific briquettes market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Asia-Pacific briquettes market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Briquettes manufacturers and suppliers
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to briquettes

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Asia-Pacific briquettes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Type:
• Sawdust Briquettes
• Agro-waste Briquettes
• Wood Briquettes
• Others
• Market, By Application:
• Power Generation
• Thermal Energy
• Others
• Market, By Country:
• China
• India
• Japan
• South Korea
• Australia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Asia-Pacific briquettes market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).