Global Biomass pellets Market 2017 – 2025 Published by :Accurize Market Research Pvt. Ltd. Copyright © 2019 Accurize Market Research

Global Biomass pellets Market is Estimated to Reach $26 Billion by 2024, Says Accurize Market Research Global biomass pellets market report published by Accurize Market Research forecast that the global market is expected to reach $26 billion by 2024; growing at a CAGR of 11.6% from 2017 to By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.biomass pellets market Request Sample: pellets-market/sample-request pellets-market/sample-request Rise in demand for artificial limbs, and development of patient monitoring equipment system across the globe to drive the growth of the market The rising demand for non-conventional or other sources of energy and rising disposable income fuels the demand for the global biomass pellets market. Moreover, the rapid exhaustion of fossil fuels and increasing global warming also boosts the growth of the market. Copyright © 2019 Accurize Market Research

Market Segmentation The global biomass pellets market has been bifurcated on the basis of application and geography. On the basis of application, the market has been segmented as heating sector and power sector. By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of Germany, Sweden, UK, Denmark, Italy, France, Rest of Europe. Asia-Pacific is segmented into Japan, China, South Korea, Rest of Asia- Pacific, while RoW is bifurcated into South America, Middle East, and Africa Request Customization: pellets-market/ask-for-customization pellets-market/ask-for-customization Copyright © 2019 Accurize Market Research

Market Segmentation “Heating segment accounted for the largest market share in the application segment", says Accurize By application segment, heating sector dominated the application segment with more than half of the market share in 2017, and is expected to continue its dominance during the forecast period 2017 – 2025.The growth would be driven below greenhouse gas emission and several governmental rules which have encouraged the industries to accept biomass pellets as a heating fuel. “Europe dominated the global market with the highest market share over the forecast period", says Accurize In 2017, Europe dominated the global biomass pellets market with largest market share of 82.9% and expected to continue the trend during the forecasted period, owing to improved government initiatives for the acceptance of renewable technologies, and the low green house gas emissions. Copyright © 2019 Accurize Market Research

Top players in the market The key market players include New England Wood Pellet Helius Energy International WoodFuels Forth Energy Ltd. Forest Energy Corporation Energex Corporation Woodstone MGT Power Westervelt Renewable Energy Drax Biomass Inc., among others. Copyright © 2019 Accurize Market Research

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