Biomass Pellets Market 2020 Market Highlights by Competitive Scenario with Impact of New Innovations, Size, Share, Segments, Drivers and Challenges With Regional Trends By Forecast to 2027
Market Overview Global Biomass Pellet Market accounted for USD 8.7 billion in 2021, registering a CAGR of over 8.1% during the forecast period. Biomass pellets are compressed organic matter or biomass that are used to make biofuels. Biomass pellets can be made from a variety of materials, including industrial waste, agricultural residue, virgin lumber, food waste, and so on. Wood pellets, agri-pellets, and torrefied pellets are all types of biomass pellets, with wood pellets having the biggest demand across various end-use sectors. Get sample copy of report at: https://www.marketresearchfuture.com/sample_request/8172 Market Trends Many countries have shifted to biomass pellets market for heat and electricity generation in recent years as part of an endeavour to enhance renewable energy sources while decreasing fossil fuel consumption. The worldwide biomass pellets market is growing as a result of the current trend of using a renewable and clean source of ...