Biomass Briquette Market by Raw Material (Wood, Agricultural Residue, Municipal Solid Waste (MSW), by Application (Power Generation, Thermal Energy, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The Biomass Briquette Market size was valued at USD 851.66 USD Million in 2023 and is projected to reach USD 1403.77 USD Million by 2032, exhibiting a CAGR of 7.4 % during the forecast period. Biomass briquettes are bio-fuels compressed and formed into solid Lloyd’s bricks from animal waste, sawdust, wheat straw, and other agrarian waste products. These briquettes come as a result of pelleting the biomass in the form of a cylinder or rectangular and then without using glue they merely bind it. The major commercial shapes of biomass briquettes are round, square, and triangular and differ in their combustion on performance and use. Some of the important characteristics of biomass briquettes include; energy density, low moisture content, and burning pattern. They are commonly utilized in processes like heating in industries, generation of power, and also as a raw material replacing coal in many industrial processes. These biomass briquettes are known to be an environmentally friendly fuel, renewable, and have lesser emission of greenhouse gases compared to fossil fuels.
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The report provides a comprehensive analysis of the global biomass briquette market, including:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.4% from 2019-2033 |
Segmentation |
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Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.4% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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