ASIA PACIFIC BLACK PELLETS MARKET
OVERVIEW
Black pellets, also known as torrefied biomass pellets, are renewable energy sources produced through the thermal treatment of biomass. They offer higher energy density and hydrophobic properties compared to traditional wood pellets.
MARKET SIZE AND GROWTH
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MARKET SIZE (2024):
APPROXIMATELY US$ 89.4 MILLION
PROJECTED MARKET SIZE (2032): AROUND US$ 132.7 MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 6.8% DURING THE FORECAST PERIOD.
By Type
Zilkha Biomass Energy
New Biomass Energy
MARKET SEGMENTATION
By Application
Power
genation
Others
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
Growth fueled by investments in agriculture and favorable grapegrowing climates
NORTH AMERICA
Growing steadily due to strong agriculture and crop protection awareness
EUROPE
Driven by well-established viticulture and increasing demand for organic and sustainable farming.
ASIA-PACIFIC
Significant growth potential, led by China and India, supported by urbanization and tech advancements in agriculture.
KEY PLAYERS
Suzano (Brazil)
Energex (USA)
Drax Group (UK)
Enviva Partners (USA)
Lignetics (USA)
