Global Biomass Briquette Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Sawdust Briquettes, Agro Waste Briquettes, and Wood Briquettes.By Application;
Power Generation, Thermal Energy, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Biomass Briquette Market (USD Million), 2021 - 2031
In the year 2024, the Global Biomass Briquette Market was valued at USD 572.04 million. The size of this market is expected to increase to USD 942.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.4%.
The Global Biomass Briquette Market has witnessed remarkable growth in recent years, driven by increasing concerns regarding environmental sustainability and the need for renewable energy sources. Biomass briquettes, derived from organic materials such as agricultural residues, forest waste, and industrial byproducts, offer a cleaner alternative to traditional fossil fuels like coal and wood. This shift towards biomass briquettes is primarily attributed to their lower carbon footprint and higher energy efficiency, making them an attractive option for both industrial and residential applications.
With a focus on reducing greenhouse gas emissions and promoting sustainable development, governments worldwide are implementing supportive policies and incentives to encourage the adoption of biomass briquettes. Advancements in briquetting technology and the establishment of efficient supply chains have further boosted market growth. The Global Biomass Briquette Market is expected to continue its upward trajectory, driven by increasing awareness of environmental issues, the need for energy security, and the growing demand for cleaner energy alternatives across various industries and regions.
Global Biomass Briquette Market Recent Developments
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In August 2022, new technological advancements in briquetting machinery were reported in China, enabling more efficient production from agricultural residues
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In May 2023, India witnessed a surge in biomass briquette exports due to favorable trade policies and growing demand in European markets
Segment Analysis
The Global Biomass Briquette Market, categorized by type into Sawdust Briquettes, Agro Waste Briquettes, and Wood Briquettes, showcases a diverse landscape of renewable energy solutions. Sawdust briquettes, derived from wood processing residues, witness widespread adoption due to their availability and cost-effectiveness. Agro waste briquettes, made from agricultural residues like straw, husks, and shells, represent another significant segment, offering a sustainable solution for biomass utilization. Wood briquettes, sourced from forestry residues and waste wood, cater to specific industrial and residential needs, contributing to the market's versatility and application flexibility.
In terms of application, the market encompasses Power Generation, Thermal Energy, and Other sectors. Biomass briquettes serve as a vital feedstock for power generation, offering a renewable alternative to fossil fuels and contributing to the reduction of greenhouse gas emissions. Thermal energy applications, including heating and cooking in residential, commercial, and industrial settings, further drive market growth. Biomass briquettes find diverse applications in other sectors such as cooking fuel, animal bedding, and biofuel production. The market spans across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America, each region contributing to the global market dynamics with unique demand drivers, regulatory frameworks, and market opportunities.
Global Biomass Briquette Segment Analysis
In this report, the Global Biomass Briquette Market has been segmented by Type, Application and Geography.
Global Biomass Briquette Market, By Type
The Global Biomass Briquette Market has been segmented by Type into Sawdust Briquettes, Agro waste Briquettes and Wood Briquettes.
Sawdust Briquettes, derived from wood processing industries and sawmills, represent a significant portion of the market. These briquettes offer high calorific value and are popular due to their availability and efficient combustion properties. Agro waste Briquettes, made from agricultural residues such as rice husk, bagasse, and wheat straw, are gaining traction as sustainable fuel alternatives. With growing environmental concerns and efforts towards waste management, the utilization of agro waste for briquette production presents a viable solution, contributing to both waste reduction and energy generation.
Wood Briquettes, produced from compressed wood residues or sawdust, also play a pivotal role in the biomass briquette market. These briquettes offer consistent quality and high energy density, making them suitable for various heating and cooking applications. Wood briquettes are favored for their low moisture content and clean combustion characteristics, making them an attractive option for both residential and industrial users.
Global Biomass Briquette Market, By Application
The Global Biomass Briquette Market has been segmented by Application into Power Generation, Thermal Energy and Others.
In the realm of Power Generation, biomass briquettes serve as a sustainable alternative to traditional fossil fuels like coal and oil. With increasing emphasis on reducing greenhouse gas emissions and transitioning towards renewable energy sources, biomass briquettes play a vital role in meeting the power generation needs of industries and utilities. Their efficient combustion properties, coupled with lower carbon emissions, make them an attractive choice for power plants seeking cleaner energy solutions.
Biomass briquettes find extensive application in Thermal Energy production, catering to the heating requirements of industrial processes, commercial establishments, and residential heating systems. By replacing conventional fuels such as wood or gas, biomass briquettes offer a cost-effective and eco-friendly heating solution. Their high energy density and consistent combustion performance make them ideal for applications ranging from heating boilers to kilns and furnaces. The versatility of biomass briquettes extends to various other applications beyond power generation and thermal energy, including cooking fuel, agricultural processes, and even as a substitute for traditional charcoal in domestic cooking.
Global Biomass Briquette Market, By Geography
In this report, the Global Biomass Briquette Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Global Biomass Briquette Market Share (%), by Geographical Region, 2024
In North America, particularly in the United States and Canada, the biomass briquette market is witnessing substantial growth driven by increasing environmental concerns and the need for sustainable energy sources. The region's vast forestry and agricultural resources make it conducive for biomass briquette production, while supportive government policies and incentives further boost market growth. Technological advancements in biomass briquetting processes enhance efficiency and drive adoption across various industries and residential sectors.
Europe emerges as a prominent market for biomass briquettes, with countries like Germany, the United Kingdom, and Sweden leading the charge in renewable energy adoption. Stringent environmental regulations and ambitious targets for reducing carbon emissions drive the demand for biomass briquettes in the region. The European Union's focus on renewable energy and sustainability, along with subsidies for biomass utilization, further propels market expansion. With growing investments in research and development and increasing awareness of the environmental benefits of biomass briquettes, Europe continues to play a significant role in shaping the global biomass briquette market landscape.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Biomass Briquette Market. These factors include; Market Drivers, Restraints and Opportunities Analysis
Drivers, Restraints and Opportunities Analysis
Drivers
- Biomass briquette technology gets better
- Demand for renewable energy rises
- More industries adopt biomass briquettes
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Awareness of biomass benefits increases - As more individuals and industries recognize the advantages of biomass, such as its renewability, lower carbon footprint, and potential cost savings compared to fossil fuels, the demand for biomass briquettes is experiencing a notable surge. This heightened awareness is driving a shift towards sustainable energy solutions, with biomass briquettes emerging as a viable alternative for heating, cooking, and power generation needs across various sectors.
As the understanding of biomass benefits continues to spread globally, it is fostering greater support from governments, organizations, and consumers alike. This increased backing translates into favorable policies, incentives, and investments, further propelling the growth of the biomass briquette market. As awareness grows, there is an enhanced focus on research and development, leading to innovations in biomass briquette production techniques and applications.
Restraints
- Scaling up briquette production is tough
- Transporting bulky briquettes is challenging
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Regulations and permits can delay projects - While governments often incentivize renewable energy initiatives, obtaining necessary approvals can be a lengthy and intricate process. Compliance with environmental regulations, land use policies, and safety standards adds layers of complexity to biomass briquette projects, potentially leading to delays in implementation.
Varying regulatory frameworks across different regions or countries can further complicate matters, requiring thorough navigation by market participants. These regulatory hurdles can significantly impact project timelines and investment decisions within the biomass briquette market. Delays in obtaining permits or uncertainties surrounding regulatory requirements may deter investors and stall project developments.
Opportunities
- Using different biomass sources expands options
- Focus on rural and off-grid areas
- Expanding into new industries and homes
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Streamlining supply chains improves efficiency - By optimizing logistics and distribution networks, biomass briquette producers can reduce transportation costs, minimize delivery times, and ensure reliable supply to meet increasing demand. Efficient supply chains enable better inventory management, reducing the risk of stockouts and improving responsiveness to market fluctuations. This enhanced efficiency not only benefits producers by lowering operational costs but also contributes to meeting sustainability goals by reducing carbon emissions associated with transportation.
Streamlined supply chains can foster collaboration and partnerships across the biomass briquette value chain, from feedstock suppliers to end-users. By establishing efficient communication channels and implementing best practices in supply chain management, stakeholders can work together to identify opportunities for process optimization, innovation, and cost reduction.
Competitive Landscape Analysis
Key players in Global Biomass Briquette Market include
- Enviva
- Pacific BioEnergy
- German Pellets
- RWE Innogy
- Drax Biomass
- General Biofuels
- Pfeifer Group
- Biomass Secure Power
- Energex
- Westervelt
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Biomass Briquette Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Biomass briquette technology gets better
- Demand for renewable energy rises
- More industries adopt biomass briquettes
- Awareness of biomass benefits increases
- Restraints
- Scaling up briquette production is tough
- Transporting bulky briquettes is challenging
- Regulations and permits can delay projects
- Opportunities
- Using different biomass sources expands options
- Focus on rural and off-grid areas
- Expanding into new industries and homes
- Streamlining supply chains improves efficiency
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Biomass Briquette Market, By Type, 2021 - 2031 (USD Million)
- Sawdust Briquettes
- Agro waste Briquettes
- Wood Briquettes
- Global Biomass Briquette Market, By Application, 2021 - 2031 (USD Million)
- Power Generation
- Thermal Energy
- Others
- Global Biomass Briquette Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Biomass Briquette Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- Enviva
- Pacific BioEnergy
- German Pellets
- RWE Innogy
- Drax Biomass
- General Biofuels
- Pfeifer Group
- Biomass Secure Power
- Energex
- Westervelt
- Company Profiles
- Analyst Views
- Future Outlook of the Market