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.
According to this study, over the next five years the Black Pellets market will register a 14.8% CAGR in terms of revenue, the global market size will reach US$ 450 million by 2024, from US$ 230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Black Pellets business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Black Pellets market by product type, application, key manufacturers and key regions and countries.
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This study considers the Black Pellets value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Steam Explosion (SE)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Zilkha Biomass Energy
New Biomass Energy
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Black Pellets consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Black Pellets market by identifying its various subsegments.
Focuses on the key global Black Pellets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Black Pellets with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Black Pellets submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.