Los Angeles, CA -- (SBWire) -- 04/10/2019 --Black Pellets are produced through torrefaction or steam exploded, during which water content, cellulose sugars, and other volatile organic compounds are removed from the biomass to produce a solid biofuel with characteristics similar to those of fossil coal.

Black pellet is a solid fuel that is produced by crushing and densifying waste timber like sawdust, forestry residues, industrial byproducts like old paper and forestry wastes. The black pellet is mainly used for Power Generation, Other (Boiler household etc.). And Power Generation is the largest usage with the share of about 97%.

North America (USA and Canada) is the biggest producer for black pellets, and produced about 489 thousand MT (more than 60% of the global total) of Black pellets in 2017. Europe is the other key producer of the Black pellets market with the share of about 34% in 2017.

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Europe and North America are the two largest consumption markets of black pellets in the world in the past few years and it will keep the same position in the next years. Sales volume of the Europe took up about 45.7% the global market in 2017 while North America took up about 49.1%. And North America is the largest exporter of black pellets in the world at present.

The global Black Pellets market was 230 million US$ in 2018 and is expected to 600 million US$ by the end of 2025, growing at a CAGR of 15.1% between 2019 and 2025.

This report studies the Black Pellets market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Black Pellets in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Zilkha Biomass Energy

New Biomass Energy

Bionet

Blackwood Technology

Arbaflame

Airex Energy

Bioendev

ECN

By the product type, the market is primarily split into

Torrefaction

Steam Explosion (SE)

By the end users/application, this report covers the following segments

Power Generation

Others

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