Biomass Pellets Market

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Global Biomass pellets Market2017 2025

• Published by Accurize Market Research Pvt. Ltd.

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Global Biomass pellets Market is Estimated to
Reach 26 Billion by 2024, Says Accurize Market
Research

• Global biomass pellets market report published by
  Accurize Market Research forecast that the global
  market is expected to reach 26 billion by 2024
  growing at a CAGR of 11.6 from 2017 to 2025. By
  geography, Asia Pacific and North America are
  expected to grow at a CAGR of XX and XX,
  respectively, during the forecast period.
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  .com/report/biomass-pellets-market/sample-request
  
• Rise in demand for artificial limbs, and
  development of patient monitoring equipment
  system across the globe to drive the growth of
  the market
• The rising demand for non-conventional or other
  sources of energy and rising disposable income
  fuels the demand for the global biomass pellets
  market. Moreover, the rapid exhaustion of fossil
  fuels and increasing global warming also boosts
  the growth of the market.

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Market Segmentation

• The global biomass pellets market has been
  bifurcated on the basis of application and
  geography. On the basis of application, the
  market has been segmented as heating sector and
  power sector.
• By geography the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW). North America is further bifurcated
  in U.S., Canada, and Mexico whereas Europe
  segment consist of Germany, Sweden, UK, Denmark,
  Italy, France, Rest of Europe. Asia-Pacific is
  segmented into Japan, China, South Korea, Rest of
  Asia-Pacific, while RoW is bifurcated into South
  America, Middle East, and Africa
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  esearch.com/report/biomass-pellets-market/ask-for-
  customization

4
Market Segmentation

• Heating segment accounted for the largest market
  share in the application segment", says Accurize
• By application segment, heating sector dominated
  the application segment with more than half of
  the market share in 2017, and is expected to
  continue its dominance during the forecast period
  2017 2025.The growth would be driven below
  greenhouse gas emission and several governmental
  rules which have encouraged the industries to
  accept biomass pellets as a heating fuel.
• Europe dominated the global market with the
  highest market share over the forecast period",
  says Accurize
• In 2017, Europe dominated the global biomass
  pellets market with largest market share of 82.9
  and expected to continue the trend during the
  forecasted period, owing to improved government
  initiatives for the acceptance of renewable
  technologies, and the low green house gas
  emissions.

5
Top players in the market

• The key market players include
• New England Wood Pellet
• Helius Energy
• International WoodFuels
• Forth Energy Ltd.
• Forest Energy Corporation
• Energex Corporation
• Woodstone
• MGT Power
• Westervelt Renewable Energy
• Drax Biomass Inc., among others.
•  

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