Global Black Pellets Market Trends: What You Need to Know in 2024

A comprehensive historical analysis of the global market for Black Pellets has been thoroughly analyzed in this report. It offers data and insights from 2019-2022 and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Black Pellets market.

The Global Black Pellets Market Size is anticipated to exceed USD 424.9 Million by 2033, growing at a CAGR of 15.28% from 2023 to 2033. 

The report includes growth prospects in the global Black Pellets market by type, application, sub-segment, and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Chemicals & Materials and other sectors. Regional coverage spans North America, Europe, and the rest of the world including Asia Pacific.

Black pellets are a category of renewable biomass fuel derived from wood chips, agricultural waste, or forest residues.        It is a cost-effective substitute for fossil coal to generate renewable biomass energy and help to reduce carbon emissions. Torrefaction is a method used to make black pellets, a sophisticated type of biomass fuel. By heating biomass in an oxygen-free atmosphere, this technique turns it into a product with a high energy density. With a 30% increase in energy content compared to conventional white pellets, black pellets provide a cleaner, more effective fuel alternative that closely resembles coal's characteristics. A circular economy is also promoted by the manufacturing of black pellets, which use waste biomass materials that could increase landfill quantities. The French Ministry of Ecology has announced an initiative to develop the manufacture of black pellets, which will identify company-led industrial projects that are in the development stage. In December 2023, Tokuyama, a Japanese petrochemical manufacturer, intends to construct a 500 kg/hr pilot plant in Yamaguchi prefecture, south Japan, to make black pellets. The project is expected to be finished by October 2025.

Leading players of Black Pellets include:

  • Zilkha Biomass Energy
  • Mangalya Agrofuel Industries
  • Airex Energy
  • Akshata Industries
  • Blackwood Technology B.V.
  • Agni Biogreen Energy
  • Katariya Agro Private Limited
  • Sayaji Enterprises
  • FlashTor
  • Wilhelmina's TG2 black pellet plant
  • Others

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Market split by Segement can be divided into:

By Type

  • Torrefaction
  • Steam Explosion
  • Hydrothermal Carbonization

By Application

  • Heat Generation
  • Power Generation
  • Combined Heat & Power

Market segment by Region/Country including:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

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In November 2024, the first commercial FlashTor® black pellet facility in Lampang Province, Thailand, successfully began production, according to Blackwood Technology BV (Blackwood), a business that specializes in torrefaction and carbonization technologies.

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What's covered in the report?

  • 1. Overview of the Black Pellets market.
  • 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa) market size data for the Black Pellets market, based on segement.
  • 3. Black Pellets Market trends.
  • 4. Black Pellets Market drivers.
  • 5. Analysis of major company profiles.

Reasons to buy this Market Report:


1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Black Pellets market.
2. Use the SWOT analysis to determine the competitive intensity are attractiveness of the emerging Black Pellets Industry.
3. Leading company profiles reveal details of key Black Pellets market players' emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Black Pellets market with five-year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe, and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Black Pellets market over the upcoming seven years
7. Accurate estimation of the global Black Pellets market size
8. Exact estimations of the upcoming trends and changes observed in consumer behavior
9. Growth of the global Black Pellets market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Black Pellets market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Black Pellets market

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