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About Biomass Pellets
Biomass pellets are normally used as a heating fuel. The use of biomass pellets for heating and as a power source has increased enormously during recent years with many households and industrial facilities using pellet stoves or boilers over old-style wood-fired equipment. These pellets are generally derived from various sources including the timber industry, sawdust, sugarcane crop, woody plants, and switch grass or miscanthus. Power generation using biomass pellets is seeing an increased use. Biomass is an ideal substitute for conventional fossil fuels for heating and power generation purposes. There are a number of technical options available to make use of biomass pellets as a renewable energy source. With biomass gaining importance as a renewable energy source, the Global Biomass Pellets market is also witnessing significant growth.
TechNavio's analysts forecast the Global Biomass Pellets market to grow at a CAGR of 11.0 percent over the period 2014-2019.
Covered in this Report
TechNavio's report, Global Biomass Pellets Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Biomass Pellets market landscape and its growth prospects in the coming years. The report also includes the segmentation of the Global Biomass Pellets market by end-user as well as geographical segmentation. The report includes a discussion of the key vendors operating in this market.
Key Vendors
• Energex Corporation
• Forest Energy Corporation
• Helius Energy
• New England Wood Pellet
• Woodstone
Other Prominent Vendors
• Forth Energy
• International WoodFuels
• MGT Power
Market Driver
• Lower Greenhouse Gas Emissions from Biomass
• For a full, detailed list, view our report
Market Challenge
• Increase in Cost of Biomass Pellets
• For a full, detailed list, view our report
Market Trend
• Increased Focus on Renewable Technologies for Power Generation
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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