About Fuel Briquettes -
A briquette additionally spelled briquette is a compressed block of coal dirt (Speight, 2013) or different flammable fabric (such as charcoal, sawdust, wooden chips, peat, or paper) used for gasoline as properly as for kindling to begin a fire. A strong briquette is manufactured the use of a piston press that compresses sandwiched layers of sawdust together. Briquettes with a gap are produced with a screw press. The gap is from the screw thread passing via the centre; however it additionally will increase the floor place of the log and aids environment friendly combustion. The increase of the gasoline briquettes market can be attributed to the rising adoption of biomass briquettes as a cleaner gas for the reason of electricity era main to decrease GHG emissions. Moreover, authority’s coverage formulations encouraging the adoption of biomass as a choice electricity supply in addition propelling the market increase over the forecast period.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Many local, regional, and world carriers signify the world biomass briquettes market. The players hold their dominance in the market by means of investing in lookup and improvement activities, integrating the today's and superior applied sciences into their products, and launching extended merchandise for the customers. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Fuel Briquettes - market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
German Pellets (Germany), Enviva (United States), Pinnacle Renewable Energy Group (Canada), Pacific Bioenergy Corporation (Canada), Rentech (United States), Graanul Invest Group (Estonia), RWE Innogy (Germany), Lignetics (United States), E-pellets (India) and Drax Biomass (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are General Biofuels (United States), Blue Fire Renewables (United States) and Pfeifer Group (Austria).
Segmentation Overview
AMA Research has segmented the market of Global Fuel Briquettes - market by Type (Sawdust Briquettes, Agro waste Briquettes and Wood Briquettes), Application (Domestic Use, Hospitality, Textiles and Others) and Region.
On the basis of geography, the market of Fuel Briquettes - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Briquette, the sub-segment i.e. Carbonized will boost the Fuel Briquettes - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Feedstocks, the sub-segment i.e. Straw will boost the Fuel Briquettes - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Shapes, the sub-segment i.e. Honeycomb will boost the Fuel Briquettes - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased the Demand for Biomass Briquettes Are Its Advantages over Other Fuels, Low Ash Content As Compared To Charcoal and Coal, Cost-Effective, and is Sulfur Free
Market Growth Drivers:
Increasing Approval of Biomass Briquettes as a Cleaner Fuel For The Purpose Of Power Generation Leading To Lower GHG Emissions
Challenges:
Low Bulk Density
Restraints:
Low Energy Output When Compared To Others Industrial Fuels and Limited Awareness
Opportunities:
Moreover, Policy Formulations by the Governments Encouraging the Adoption of Biomass as Alternative Energy Source
In 2021, The Maharashtra State Power Generation Company (MAHAGENCO) in Maharashtra, India, introduced the utilization of biomass briquettes in one of its strength stations ‘on an experimental basis. Conversely, biomass briquettes are extensively deployed in thermal electricity plant stations to mitigate GHG emissions.
Key Target Audience
Fuel Briquettes Providers, Raw Material Suppliers, Government Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.