The Global Biomass Briquettes Market is anticipated to grow at a robust pace in the forecast period, 2024-2028, owning by the rise of demand of coal alternatives and biofuels usage across worldwide. Biomass briquettes, primarily formed of green waste and other organic materials, are extensively used for power production, heating, and cooking fuel. Organic components in these compressed compounds include rice husk, bagasse, pulverized nut shells, municipal solid waste, and agricultural waste. The composition of briquettes varies by region, owing to raw material availability. The essential ingredients are collected and crushed into briquettes to burn longer and make transportation easier. These briquettes range from charcoal because they do not include high concentrations of carbonaceous components or additional ingredients. Briquettes create minimal net greenhouse gas emissions compared to fossil fuels since the employed  materials are already a part of the carbon cycle.

Biomass Briquettes are a viable alternative to traditional fuels. Industries recognize the advantages of using Biomass Briquettes to reduce pollution. In addition to having a higher calorific value than coal, Biomass Briquettes save 30-40%, on average, in fuel costs. The accessibility of resources varies by location or country. The lack of resources in remote areas, particularly in developing nations, may promote the expansion of the biomass briquette. The rural population relies heavily on natural resources for cooking and heating. Furthermore, biomass briquettes are frequently employed in thermal power plant stations to reduce GHG emissions. Again, altering trends toward renewable energy sources are expected to provide lucrative growth for the industry's size.

 Adoption of Biomass Briquettes in the Developed Countries

Biomass Briquettes are primarily used in developing countries where cooking fuels are not as readily available. The briquettes  have been using in the developed world, where they are used to heat industrial boilers to produce electricity from steam. The briquettes are co-fired with coal to create the heat supplied to the boiler. Biomass briquettes are extensively used for energy production, heating, and cooking fuel. They are generally comprised of green waste and other organic materials. These compressed compounds are made up of a variety of organic components, such as rice husk, bagasse, powdered nut shells, and agricultural waste. The composition of the briquettes varies by region owing to raw material availability. The raw materials are collected and crushed into briquettes to allow them to burn longer and make transportation simpler, propelling the Global Biomass Briquettes market..

The Rising Need for Biofuel Alternatives

The critical growth reasons for the biomass briquettes market are the increasing demand for biofuel replacements in industrial applications and attempts to limit fossil fuel usage. To combat global warming and growing greenhouse gas emissions, governments and environmental organizations are working to minimize the use of fossil fuels and nonrenewable energy sources. Bio-briquettes have been identified as a sustainable alternative to coal in industrial heating applications and a stable energy source. Other potential advantages of these blocks, including high combustibility, low residue content, sulfur-free, and cost-effectiveness, are increasing the usage of bio briquettes in various applications. Using biomass briquettes is also good for the environment since it avoids the on-field burning of agricultural wastes by offering an alternative market for commercial use as fuel. As a result, the rising need for biofuel alternatives by firms is driving the market growth.

During the Forecast Period, Europe is Likely to Lead the Global Biomass Briquette Market.

Geographically, Europe is the most important area for market growth. In most European nations, biomass briquettes are widely utilized to supply industrial and home energy needs. Consumption is strongest in countries such as Hungary, Poland, and Austria. Because of the abundance of biomass leftovers, biomass briquettes were created. Due to limited supplies of cooking fuel, developing nations in the area have historically been the primary consumers of bio-briquettes, mostly in home cooking operations. The market has lately gained traction in industrialized economies that utilize these blocks to heat boilers in power plants.


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Market Segmentation

Global Biomass Briquettes Market is segmented By Type, and By Application. Based on Type, the market is segmented into Sawdust Briquettes, Agro Waste Briquettes, and Wood Briquettes. Based on Application, the market is segmented into Power Generation, Thermal Energy and Others.

Market player

Major market players in the global Biomass Briquettes Market are Westervelt, Pacific BioEnergy, German Pellets, RWE Innogy, Pfeifer Group, Drax Biomass, General Biofuels, SUEZ energy, Biomass Secure Power, Energex Power Private Limited, Intelliflux Controls, Lignetics, Rentech and Enviva Inc.

Recent Development

In January 20, 2022, Solör Bioenergy Group (Solör), a biomass-fired district energy supplier in Sweden, has disclosed that it has completed the acquisition of SEVAB Calor Fjärrvärme AB (SEVAB), a municipal district energy firm in Strängnäs. SEVAB has been renamed Solör Bioenergi Strängnäs AB, with Group subsidiary Solör Bioenergi Fjärrvärme AB, owning 80% of the company. The municipality holds a 20% stake through Strängnäs Kommunföretag AB.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2024-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Type

Application

Region

Regional scope

North America; Asia-Pacific; Europe; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; Indian; Japan; South Korea; Australia; Singapore; Malaysia; Germany; United Kingdom; France; Russia, Spain; Belgium; Italy; Brazil; Colombia; Argentina; Peru; Chile; Africa, Saudi Arabia; South Africa; UAE; Israel; Turkey

Key companies profiled

Westervelt, Pacific BioEnergy, German Pellets, RWE Innogy, Pfeifer Group, Drax Biomass, General Biofuels, SUEZ energy, Biomass Secure Power, Intelliflux Controls, Energex Power Private Limited, Rentech, Lignetics, and Enviva Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, the Global Biomass Briquettes Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Biomass Briquettes Market, By Type:

o   Sawdust Briquettes

o   Agro waste Briquettes

o   Wood Briquettes

·         Biomass Briquettes Market, By Application:

o   Power Generation

o   Thermal Energy

o   Others

·         Biomass Briquettes Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  India

§  Japan

§  South Korea

§  Australia

§  Singapore

§  Malaysia

o   Europe

§  Germany

§  United Kingdom

§  France

§  Russia

§  Spain

§  Belgium

§  Italy

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

§  Chile

o   Middle East & Africa

§  Saudi Arabia

§  South Africa

§  UAE

§  Israel

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Biomass Briquettes Market.

Available Customizations:

Global Biomass Briquettes Market report with the given market data, Tech Sci 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).
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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Biomass Briquettes Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered while Selecting Vendor

5.3.  Key Satisfaction Level

5.4.  Major Challenges Faced

5.5.  Technological Awareness

5.6.  Key products in Use

6.    Global Biomass Briquettes Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type (Sawdust Briquettes, Agro waste Briquettes, Plant Management, and Information Management)

6.2.2.    By Application (Power Generation, Thermal Energy and Others)

6.2.3.    By Region

6.2.4.    By Company

6.3.  Market Map

7.    North America Biomass Briquettes Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Application

7.2.3.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Biomass Briquettes Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value 

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Application

7.3.2.    Canada Biomass Briquettes Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value 

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Application

7.3.3.    Mexico Biomass Briquettes Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Application

8.    Asia-Pacific Biomass Briquettes Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Application

8.2.3.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Biomass Briquettes Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Application

8.3.2.    India Biomass Briquettes Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value 

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Application

8.3.3.    Japan Biomass Briquettes Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value 

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Application

8.3.4.    South Korea Biomass Briquettes Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value 

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By Application

8.3.5.    Australia Biomass Briquettes Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value 

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By Application

8.3.6.    Singapore Biomass Briquettes Market Outlook

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.           By Value 

8.3.6.2.        Market Share & Forecast

8.3.6.2.1.           By Type

8.3.6.2.2.           By Application

8.3.7.    Malaysia Biomass Briquettes Market Outlook

8.3.7.1.        Market Size & Forecast

8.3.7.1.1.           By Value 

8.3.7.2.        Market Share & Forecast

8.3.7.2.1.           By Type

8.3.7.2.2.           By Application

9.    Europe Biomass Briquettes Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.1.1.           By Type

9.2.1.1.2.           By Application

9.3.  Europe: Country Analysis

9.3.1.    Germany Biomass Briquettes Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value 

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Application

9.3.2.    United Kingdom Biomass Briquettes Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value 

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Application

9.3.3.    France Biomass Briquettes Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value 

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Application

9.3.4.    Russia Biomass Briquettes Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value 

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Type

9.3.4.2.2.           By Application

9.3.5.    Spain Biomass Briquettes Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value 

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Type

9.3.5.2.2.           By Application

9.3.6.    Belgium Biomass Briquettes Market Outlook

9.3.6.1.        Market Size & Forecast

9.3.6.1.1.           By Value 

9.3.6.2.        Market Share & Forecast

9.3.6.2.1.           By Type

9.3.6.2.2.           By Application

9.3.7.    Italy Biomass Briquettes Market Outlook

9.3.7.1.        Market Size & Forecast

9.3.7.1.1.           By Value 

9.3.7.2.        Market Share & Forecast

9.3.7.2.1.           By Type

9.3.7.2.2.           By Application

10. South America Biomass Briquettes Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Application

10.2.3. By Country

10.3.             South America: Country Analysis

10.3.1. Brazil Biomass Briquettes Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value 

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Application

10.3.2. Argentina Biomass Briquettes Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value 

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Application

10.3.3. Colombia Biomass Briquettes Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value 

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Application

10.3.4. Peru Biomass Briquettes Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value 

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type

10.3.4.2.2.         By Application

10.3.5. Chile Biomass Briquettes Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value 

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Type

10.3.5.2.2.         By Application

11. Middle East & Africa Biomass Briquettes Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value

11.2.             Market Share & Forecast

11.2.1. By Type

11.2.2. By Application

11.2.3. By Country

11.3.             Middle East & Africa: Country Analysis

11.3.1. Saudi Arabia Biomass Briquettes Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.