Global Biomass pellets report from Global Insight Services is the single authoritative source of intelligence on Biomass pellets market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Biomass pellets are a type of renewable energy source that is derived from organic matter, such as wood chips, sawdust, and agricultural waste. These pellets are typically used in pellet stoves or boilers to generate heat, but can also be used in power plants to create electricity. Biomass pellets are a sustainable and eco-friendly alternative to traditional fossil fuels, and can help to reduce greenhouse gas emissions.
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Market Segmentation
The Biomass Pellets Market is segmented by source, end-use and region. By source, the market is classified into agriculture residue, wood sawdust, and others. By end-use, the market is bifurcated into power generation, industrial heating, commercial and domestic heating, and others. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Biomass Pellets Market are New England Wood Pellet, Drax Group plc, Forest Energy Corporation, Energex Corporation, International WoodFuels LLC, Buhler AG, Enviva, Abellon CleanEnergy Limited, Anvietphat and Sumitomo Corporation.
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Key Drivers
The key drivers of biomass pellets market are as follows:
1) Increasing awareness about the environment and the need to reduce greenhouse gas emissions: Biomass pellets are a renewable and carbon-neutral energy source that can help to reduce greenhouse gas emissions.
2) Government policies and incentives: Several governments around the world are promoting the use of biomass pellets through policies and incentives, which is driving the growth of the market.
3) Technological advancement: The continuous improvement in technology has led to the development of efficient and cost-effective pellet production technologies, which is further driving the market growth.
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