• About us
  • Contact Us
  • Submit a Press Release
Monday, June 5, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
TheEast-Africana
No Result
View All Result
Submit PR
  • Ethiopia

    Finance Bill 2023: Mbeere North MP Geoffrey Ruku Supports Tax … – Tuko.co.ke

    COMMENT: The diamond industry is in crisis and Botswana is going … – bne IntelliNews

    From Botswana to Taiwan, a dozen UW students receive Fulbright … – University of Washington

    Breed all about it! Botswana imports bulls and heifers from the US for insemination programme – News24

  • Kenya

    Russian top diplomat Sergey Lavrov in Nairobi – Business Daily

    Taiwan excluded from WHO annual assembly following Chinese opposition – Yahoo Finance

    Tensions in Both Taiwan and Eswatini a Major Threat to their … – New Bloom Magazine

    Never Again – Until Next Time? Push To Pandemic-Proof The World … – Health Policy Watch

  • Rwanda

    Back to square one: political infighting again stalls Lesotho reforms – Institute for Security Studies

    Kingdom of Lesotho: Staff Concluding Statement of the 2023 Article … – International Monetary Fund

    President Cyril Ramaphosa jointly launches Phase 2 Lesotho … – South African Government

    Rwanda: Health Sector Reforms to Boost Retention of Medical … – AllAfrica – Top Africa News

  • Uganda

    Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

    Uganda enacts harsh anti-LGBTQ law including death penalty – Reuters

    Uganda signs anti-LGBTQ bill into law – National Herald

    Uganda: We Should Have a Dialogue With Museveni – FDC Chairman – AllAfrica – Top Africa News

  • MORE COUNTRIES
    • Burundi
    • Comoros
    • Djibouti
    • Eritrea
    • Ethiopia
    • Kenya
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Rwanda
    • Seychelles
    • Somalia
    • South Sudan
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • AFRICA
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Press releases
    Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

    Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    Riyadh hosts second edition of Global Project Management Forum

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    DataOps Platform Market Outlook To 2028 | Precise Scenario with Latest Trends, Opportunities, Growth Overview

    3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

    3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

    Trending Tags

    • Ethiopia

      Finance Bill 2023: Mbeere North MP Geoffrey Ruku Supports Tax … – Tuko.co.ke

      COMMENT: The diamond industry is in crisis and Botswana is going … – bne IntelliNews

      From Botswana to Taiwan, a dozen UW students receive Fulbright … – University of Washington

      Breed all about it! Botswana imports bulls and heifers from the US for insemination programme – News24

    • Kenya

      Russian top diplomat Sergey Lavrov in Nairobi – Business Daily

      Taiwan excluded from WHO annual assembly following Chinese opposition – Yahoo Finance

      Tensions in Both Taiwan and Eswatini a Major Threat to their … – New Bloom Magazine

      Never Again – Until Next Time? Push To Pandemic-Proof The World … – Health Policy Watch

    • Rwanda

      Back to square one: political infighting again stalls Lesotho reforms – Institute for Security Studies

      Kingdom of Lesotho: Staff Concluding Statement of the 2023 Article … – International Monetary Fund

      President Cyril Ramaphosa jointly launches Phase 2 Lesotho … – South African Government

      Rwanda: Health Sector Reforms to Boost Retention of Medical … – AllAfrica – Top Africa News

    • Uganda

      Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

      Uganda enacts harsh anti-LGBTQ law including death penalty – Reuters

      Uganda signs anti-LGBTQ bill into law – National Herald

      Uganda: We Should Have a Dialogue With Museveni – FDC Chairman – AllAfrica – Top Africa News

    • MORE COUNTRIES
      • Burundi
      • Comoros
      • Djibouti
      • Eritrea
      • Ethiopia
      • Kenya
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Rwanda
      • Seychelles
      • Somalia
      • South Sudan
      • Tanzania
      • Uganda
      • Zambia
      • Zimbabwe
    • AFRICA
      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      BZR on Coinstore – a Significant Milestone for Bazaars

      BZR on Coinstore – a Significant Milestone for Bazaars

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    • Press releases
      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      Riyadh hosts second edition of Global Project Management Forum

      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      DataOps Platform Market Outlook To 2028 | Precise Scenario with Latest Trends, Opportunities, Growth Overview

      3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

      3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

      Trending Tags

      Submit PR
      No Result
      View All Result
      TheEast-africana
      Submit PR
      Home Press Releases

      Biomass Pellets Market Size Forecast to Reach $13.1 Billion by 2026

      admin by admin
      February 22, 2022
      in Press Releases
      Share on FacebookShare on Twitter


      (EMAILWIRE.COM, February 22, 2022 ) The Biomass Pellets Market size is forecast to reach $13.1 billion by 2026, after growing at a CAGR of 8.1% during 2021-2026. Biomass pellets are generating electricity and building heat, thus increasing demand from the power industry which is estimated to grow the consumption of biomass pellet. Biomass pellets are extremely dense and can be produced with a low moisture content that allows them to be burned with very high combustion efficiency. Biomass pellets are made from agricultural residues, wood sawdust, and others. These are also used to produce wood pellets. Wood pellets can be used instead of charcoal, firewood, oil & gas in heating and power plants. Biomass pellets refer to renewable sources which have the potential to replace sources such as coal or natural gas for electric energy, which is estimated to influence the demand for biomass pellets.

      The demand for biomass pellets for electricity generation is projected to create opportunities, owing to the rise in the number of power plants across the globe. But COVID-19 caused delays in power projects due to supply chain disturbances and unavailability of manpower. According to the National Solar Energy Federation of India (NSEFI), the solar & wind project of 4 GW was postponed till 2022. Thus, due to the COVID-19 pandemic, many companies stopped their production as well as pellet production which affected the demand for biomass pellets.

      Biomass Pellets Market Segment Analysis – By Source

      Wood sawdust dominated the biomass pellets market in 2020. Wood sawdust has become more and more important for companies to find low–cost methods of recycling their waste materials. It is a raw material to manufacture solid fuel with low moisture content obtained from wood chips or wood waste. Biomass wood sawdust seems to be the most affordable and cost-effective source of renewable energy. Biomass pellets are a solution to the growing pollution problem and can become a significant energy source in the future. Thus, wood sawdust can be burned to produce steam for making electricity and provide heat to industries and homes, which is estimated to boost the market size of biomass pellets.

      Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=508118

      Report Price: $ 5900 (Single User License)

      Biomass Pellets Market Segment Analysis – By Application

      Building heating segment dominated the biomass pellets market in 2020 and is growing at a CAGR of 8.2% during 2021-206, due to growing awareness for renewable energy sources for residential heating, commercial heating, and industrial heating. Bio-pellets can replace coal or fossil fuel in co-firing heating for industrial operation and help to reduce the energy cost. Biomass heating fuels include cordwood, agriculture residues, corn kernels, cherry pits, wood chips, and wood pellets made from compressed sawdust. According to Europe Pellet Council, the total world pellet consumption increased by 14.1 million in 2018 compared to 13.3 million in 2017 for residential heating and 4.1 million in 2018 compared to 3.5 million tons in 2017 for commercial heating. Thus, increasing consumption of biomass pellet from building heating is estimated to grow the market size.

      Biomass Pellets Market Segment Analysis – By Geography

      Europe dominated the biomass pellets market with more than 30% in 2020. Wood pellets are used for power production from combined heat & power (CHP) and dedicated power plants thus biomass pallet is highly consumed in Europe. In the region wood pellet consumption for heat in residential heating (65%), commercial heating (23%), and heat generated from CHP (12%). According to Europe Pellet Council, the total pellet production increased by 20.1 million tons in 2018 compared to 18.4 million tons in 2017. As of Report 2019, Belgium consumed 1.08 million tons of pellets for power in 2018 compared to 1 million tons in 2017. Thus, the increasing consumption of wood pellets in the region is expected to grow the market for biomass pellets.

      Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=508118

      Biomass Pellets Market Drivers

      Increasing Demand for Renewable Sources of Energy

      Biomass pellets such as agriculture residues are renewable sources of energy, which generate thermal and electrical energy. Thus, new industries focused on energy production through the use of renewable sources. Biomass pellet is the most important source for obtaining electricity and is the main source for the production of thermal energy. According to the India Brand Equity Foundation (IBEF), India is expected to invest worth US$ 500 billion in the renewable energy sector by 2028. In addition, according to the International Energy Agency (IEA), the global solar photovoltaics development is forecast to reach 162 GW by 2022. Hence, such factors are is estimated to grow the market size.

      Surplus Availability of Biomass Feedstock

      Surplus availability of biomass feedstock from agriculture residues helps to increase crop production and associated wood residue availability. According to the National Center of Biotechnology Information, the availability of biomass is estimated to grow to 281 million tons in 2030-31. The associated CO2 mitigation potential resulting from the substitution of coal is estimated at 205 million tons in 2030-31 which diverted for power generation. Thus, the surplus availability of biomass from agriculture residue is estimated to grow biomass pellets in near future.

      Biomass Pellets Market Challenges

      High Cost of Manufacturing

      The energy density of biomass is low, acquisition of land for harvesting, and storage is difficult. Thus, Biomass pre-treatment technologies have extra costs, which scattered farmers and small-scale fuel companies may not be able to afford. Apart from this, wood pellets are a renewable energy carrier that is produced from wood sawdust or other ground woody materials. They are co-fired in coal-based power plants and mono-fired in converted coal power plants to reduce greenhouse gas emissions of electricity generation. But due to high cost of raw material of biomass pellets such as wood pallet may hamper the market growth of biomass pellets.

      Biomass Pellets Market Landscape

      Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the biomass pellets market. Major players in the Biomass Pellets Market are

      1. Enviva Biomass

      2. Viridis Energy Inc.

      3. Westervelt Renewable Energy LLC

      4. Energex

      5. Drax Biomass

      6. International WoodFuels LLC

      7. Forest Energy Corporation

      8. Helius Energy Ltd.

      9. New England Wood Pellet., and among others.

      Key Takeaways

      Europe dominates the biomass pellets market owing to increasing demand from residential heating facilities, commercial heating facilities, also increasing demand for wood pellets in power plants.

      Increasing demand for hammer mill is commonly used in auxiliary equipment in wood pellet production and animal feed pellet mill. It can process various biomass sources such as wood sawdust, straw material, cotton stalks, and agriculture residues.

      Increasing adoption of biomass pellet as they help to reduce carbon footprint emission and pollution.

      Related Reports:

      A. Wood Pellets Market

      https://www.industryarc.com/Research/Wood-Pellets-Market-Research-508464

      B. Biochar Market

      https://www.industryarc.com/Research/Biochar-Market-Research-503408

      For more Chemicals and Materials Market reports, please click here

      About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



      Source link

      Previous Post

      MBMV invests in international bio-tech startup Arcensus from Rostock

      Next Post

      Telepathology Service Market Size Estimated to Reach $1.4 Billion by 2026

      Related Posts

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو
      Press Releases

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      May 31, 2023
      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع
      Press Releases

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      May 31, 2023
      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع
      Press Releases

      Riyadh hosts second edition of Global Project Management Forum

      May 31, 2023
      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury
      Press Releases

      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      May 29, 2023
      3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation
      Press Releases

      3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

      May 29, 2023
      Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)
      Press Releases

      Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

      May 29, 2023

      Discussion about this post

      LATEST NEWS

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      May 31, 2023
      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      May 31, 2023
      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      Riyadh hosts second edition of Global Project Management Forum

      May 31, 2023
      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      May 29, 2023

      About

      The East Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

      We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. Submit a press release or contact us today.

      Categories

      ETHIOPIA

      KENYA

      RWANDA

      UGANDA

      MORE COUNTRIES

      AFRICA

      PRESS RELEASES

      Recent Post

      Recent Posts
      • Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو
      • الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع
      • Riyadh hosts second edition of Global Project Management Forum

      Subscribe to Our Newsletter

        Share Us

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest

        Contact Us

        • +1 832 716 2363
        • +12816454086
        • Email: Email Us
        • Skype: groupwebmedia
        The East Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
        No Result
        View All Result
        • Ethiopia
        • Kenya
        • Rwanda
        • Uganda
        • MORE COUNTRIES
          • Burundi
          • Comoros
          • Djibouti
          • Eritrea
          • Ethiopia
          • Kenya
          • Madagascar
          • Malawi
          • Mauritius
          • Mozambique
          • Rwanda
          • Seychelles
          • Somalia
          • South Sudan
          • Tanzania
          • Uganda
          • Zambia
          • Zimbabwe
        • AFRICA
        • Press releases

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest
        © 2023 The-East-Africana