Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.04 Billion | USD 10.44 Billion | 6.28% | 2023 |
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Application
FIG NO. 2. Market Attractiveness Analysis, By Region
FIG NO. 3. Global Biomass Pellets Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 4. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 5. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 6. Global Biomass Pellets Market for Industrial Applications, Revenue (USD Billion) 2016 – 2028
FIG NO. 7. Comparative Revenue Analysis of Biomass Pellets Market for Industrial Applications, By Country, 2020 & 2028
FIG NO. 8. Global Biomass Pellets Market for Residential Applications, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Biomass Pellets Market for Residential Applications, By Country, 2020 & 2028
FIG NO. 10. Global Biomass Pellets Market Revenue Share, By Region, 2020 & 2028
FIG NO. 11. North America Biomass Pellets Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 12. Porter’s Five Forces Analysis for Global Biomass Pellets Market
FIG NO. 13. PEST Analysis for Global Biomass Pellets Market
FIG NO. 14. Pricing Analysis for Global Biomass Pellets Market
FIG NO. 15. Value Chain Analysis for Global Biomass Pellets Market
FIG NO. 16. Company Share Analysis, 2019
FIG NO. 17. Radar Determinant Chart, 2019
FIG NO. 18. Company Strategic Developments – Heat Map Analysis
FIG NO. 19. Emerson Electric Co Business Segment Revenue Share, 2020 (%)
FIG NO. 20. Emerson Electric Co Geographical Segment Revenue Share, 2020 (%)
FIG NO. 21. Market Channels
FIG NO. 22. Marketing Channel Development Trend
FIG NO. 23. Growth in World Gross Product, 2008-2018
FIG NO. 24. Research Methodology – Detailed View
FIG NO. 25. Research Methodology
List of Tables
TABLE NO. 1. Global Biomass Pellets Market: Snapshot
TABLE NO. 2. Quarterly Biomass Pellets Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Biomass Pellets Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Biomass Pellets Market for Industrial Applications, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Biomass Pellets Market for Residential Applications, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Biomass Pellets Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. North America Biomass Pellets Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 10. North America Biomass Pellets Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 11. U.S. Biomass Pellets Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 12. Canada Biomass Pellets Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 13. Mexico Biomass Pellets Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 14. Drivers for the Biomass Pellets Market: Impact Analysis
TABLE NO. 15. Restraints for the Biomass Pellets Market: Impact Analysis
TABLE NO. 16. Major Buyers of Biomass Pellets
TABLE NO. 17. Distributors/Traders List of Biomass Pellets
TABLE NO. 18. Global Biomass Pellets Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 19. Global Biomass Pellets Market, Company Y-o-Y Growth, 2017 – 2028 (USD Billion)
FrequentlyAsked Questions
The global Biomass Pellets Market was valued at USD 6.04 Billion in 2023.
The global Biomass Pellets Market is expected to reach USD 10.44 Billion by 2032, with a CAGR of around 6.28% between 2024-2032.
Some of the key factors driving the global Biomass Pellets Market growth are, Healthy growth of manufacturing industries such as chemicals, cement, rubber construction, polymers and plastics, and food processing and Increasing government policies and subsidies promoting and favoring the utilization of renewable fuels such as biomass pellets against fossil-based fuels from biofuels.
Europe was the largest market for biomass pellets in the world due to the low GHG emissions and increased government initiatives for the adoption of renewable technologies. Moreover, biomass pellets market has huge opportunities in the emerging markets of Asia-Pacific region due to the government regulations shifting the focus on adopting non-conventional energy sources such as biomass
Some of the major companies operating in Biomass Pellets Market are Energex Corporation, Forest Energy Corporation, Helius Energy, New England Wood Pellet, Woodstone, Forth Energy, International WoodFuels, and MGT Power among others.
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