The demand for fuel in emerging economies and improved renewable energy source appeal drive the biomass briquette market. Biomass briquette is commonly made of green waste and other natural materials. These are generally used to create power, heat, cooking fuel, and work industrial boilers with a specific end goal to make power from steam. The most recognized usage of briquettes is in emerging economies, where energy sources are not as generally accessible. These compacted or strong compounds contain different organic materials, including rice husk, bagasse, ground nutshells, city strong waste, rural waste, or other wastes with high nitrogen content.
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The global biomass briquette market is segmented based on type, application, and geography. Based on type of biomass briquette, the market is divided into sawdust briquettes, agro waste briquettes, and wood briquettes. On the basis of application, it is categorized into power generation, thermal energy, and others. By geography, it has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The significant players in the market have strategically focused on product launch as their key strategy to gain a significant market share. The key players are:
Enviva
Pacific BioEnergy
German Pellets
RWE Innogy
Drax Biomass
General Biofuels
Pfeifer Group
Biomass Secure Power
Energex
Westervelt
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Key Benefits
This report provides an extensive analysis of the current trends, emerging estimations, and dynamics in the biomass briquette market.
In-depth analysis of the market has been conducted and estimations for key segments between 2022 and 2029 have been provided.
Factors that drive and restrain the growth of the market have been provided.
The market share for all segments with respect to geography has been provided in detail in the report.
Key market players have been profiled and their strategies thoroughly analyzed, which provide a competitive outlook of the industry trends.
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