The universal Black Pellets market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Black Pellets are produced through torrefaction or steam exploded, during which water content, cellulose sugars, and other volatile organic compounds are removed from the biomass to produce a solid biofuel with characteristics similar to those of fossil coal.
Black pellet is a solid fuel that is produced by crushing and densifying waste timber like sawdust, forestry residues, industrial byproducts like old paper and forestry wastes. The black pellet is mainly used for Power Generation, Other (Boiler household etc.). And Power Generation is the largest usage with the share of about 97%.
North America (USA and Canada) is the biggest producer for black pellets, and produced about 489 thousand MT (more than 60% of the global total) of Black pellets in 2017. Europe is the other key producer of the Black pellets market with the share of about 34% in 2017.
Europe and North America are the two largest consumption markets of black pellets in the world in the past few years and it will keep the same position in the next years. Sales volume of the Europe took up about 45.7% the global market in 2017 while North America took up about 49.1%. And North America is the largest exporter of black pellets in the world at present.
In the global Black Pellets market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
Zilkha Biomass Energy
New Biomass Energy
Bionet
Blackwood Technology
Arbaflame
Airex Energy
Bioendev
ECN
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Torrefaction
Steam Explosion (SE)
In market segmentation by applications :
Power Generation
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Black Pellets market for the forecast period 2020 - 2025?
• What are the driving forces in the Black Pellets market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Black Pellets industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?