Global Biomass Pellets Market to grow at a CAGR of 11.0% over the period 2014-2019.

Deerfield Beach, FL -- (SBWire) -- 09/03/2015 --Global Biomass Pellets Market to grow at a CAGR of 11.0% over the period 2014-2019. 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.

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Covered in this 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

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Other Prominent Vendors

Forth Energy
International WoodFuels
MGT Power

Market Driver

Lower Greenhouse Gas Emissions from Biomass
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Market Challenge

Increase in Cost of Biomass Pellets
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Market Trend

Increased Focus on Renewable Technologies for Power Generation
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