Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Source (Agro waste Briquettes, Sawdust Briquettes, Wood Briquettes), By Application (Industrial, Household) And Competitive Landscape
Product Code: ETC076279 | Publication Date: Aug 2021 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Asia Pacific Biomass Briquette Market |
CAGR | 7.8% |
Market Size | USD 3.4 Billion by 2031 |
Growing Sector | Industrial |
Forecast Period | 2025-2031 |
Asia Pacific Biomass Briquette Market report thoroughly covers the by Application, by Application, and by Countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Asia Pacific Biomass Briquette Market has been experiencing significant growth over the past few years. The Market is projected to expand at a CAGR of 7.8% from 2025 to 2031. Additionally, by 2031, the market size is expected to reach around $3.4 billion.
The Asia Pacific biomass briquette market has witnessed significant growth in recent years, driven by the region's increasing focus on renewable energy sources and sustainable practices. Biomass briquettes, which are made from agricultural and forestry waste, provide an eco-friendly alternative to traditional fossil fuels. The rising demand for cleaner energy solutions across countries like India, China, and Southeast Asian nations is fueling this market's expansion. Additionally, government initiatives promoting biomass as a renewable resource and efforts to reduce greenhouse gas emissions have further propelled its adoption. Key sectors including industrial, residential, and commercial are utilizing biomass briquettes for heating and energy production, contributing to the overall market growth.
According to 6Wresearch, the Asia Pacific Biomass Briquette Market revenue is expected to reach at a significant CAGR of 7.8% during the forecast period 2025-2031. The Asia Pacific biomass briquette market is primarily driven by the increasing demand for renewable and sustainable energy sources. Governments across the region are implementing favourable policies and incentives to promote the adoption of biomass briquettes as an alternative to conventional fossil fuels such as coal. Additionally, the rising awareness of environmental concerns and the need to reduce greenhouse gas emissions further intensify the shift towards biomass-based energy. The abundance of agricultural and forestry residues in the region provides a cost-effective raw material supply, which fuels the growth of the market.
One of the major obstacles is the lack of adequate infrastructure for biomass briquette production and distribution in many developing regions. The high initial investment costs associated with setting up biomass briquette plants can deter new market entrants. Additionally, competition from other renewable energy sources, such as solar and wind energy, poses a significant challenge. Limited awareness and acceptance among end-users in some areas also hinder market growth.
The Asia Pacific biomass briquette market has been witnessing significant growth in recent years, driven by rising energy demand, government initiatives promoting renewable energy, and increasing awareness about sustainable energy solutions. Leading players in this market, such as Enviva Biomass, Pacific Bioenergy, Agni Bio Power, and An Viet Phat Energy Co., Ltd., have been at the forefront of this evolution, leveraging innovative technologies and robust supply chains to meet both domestic and international demand. These companies continuously invest in research and development to enhance product efficiency and explore new feedstock options, further driving market competitiveness and sustainability in the region.
The Asia Pacific region has witnessed significant growth in the biomass briquette market, driven in part by government regulations aimed at promoting renewable energy and reducing carbon emissions. Several countries in the region, such as India, China, and Japan, have implemented policies supporting biomass energy production through subsidies, tax benefits, and renewable energy targets. For instance, India has introduced schemes under its National Biomass Policy to encourage briquette usage as a sustainable alternative to fossil fuels. Similarly, China’s Renewable Energy Law emphasizes biomass as a key component in achieving energy diversification and environmental sustainability. These regulations not only incentivize manufacturers to adopt eco-friendly practices but also push industries and households to shift towards cleaner energy sources.
The Asia Pacific biomass briquette market is poised for significant growth in the coming years, driven by increasing demand for sustainable and eco-friendly energy solutions. With rising environmental awareness and escalating efforts to reduce carbon emissions, industries across the region are increasingly adopting biomass briquettes as a viable alternative to conventional fossil fuels. Governments in countries like India, China, and Japan are introducing supportive policies and providing incentives to encourage adoption, further bolstering market prospects. Additionally, advancements in briquetting technologies are expected to improve production efficiency and quality, enhancing the appeal of biomass briquettes.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6wresearch, India has emerged as a key player in the Asia Pacific biomass briquette market, driven by its growing focus on renewable energy and sustainable practices. Biomass briquettes, made from agricultural waste, forestry residues, and other organic materials, offer a cost-effective and eco-friendly alternative to traditional fuels like coal and wood. With the government's support for clean energy initiatives and policies aimed at reducing carbon emissions, the adoption of biomass briquettes has seen significant growth in various sectors, including industrial processes and rural energy solutions. Additionally, the abundant availability of raw materials in India facilitates the large-scale production of briquettes, positioning the country as a vital contributor to the regional market's expansion.
Agro-waste briquettes play a pivotal role in the Asia Pacific biomass briquette market due to their efficient use of agricultural residues. These briquettes are produced by compressing agro-waste such as rice husks, coconut shells, sugarcane bagasse, and wheat straw, transforming what would otherwise be discarded into a valuable source of energy. The utilization of agro-waste briquettes addresses two significant challenges in the region—reducing agricultural waste and providing an affordable, eco-friendly alternative to fossil fuels. Countries like India, Indonesia, and Thailand are leading the way in promoting these sustainable solutions, supported by policies that encourage waste recycling and energy innovation. The growing emphasis on reducing carbon footprints and tackling energy scarcity makes agro-waste briquettes a promising solution for a greener and more sustainable future in the region.
The industrial sector in the Asia Pacific region has increasingly embraced biomass briquettes as a reliable and cost-effective energy source. Industries such as manufacturing, cement, steel, and food processing utilize these briquettes in boilers and furnaces due to their high calorific value and lower emissions compared to traditional fossil fuels like coal. Biomass briquettes provide consistent energy output and help industries comply with environmental regulations aimed at reducing greenhouse gas emissions. Furthermore, their ability to leverage locally available biomass resources reduces dependency on imported fuels, improving energy security for industries across countries like China, India, and Vietnam.
The market report has been segmented and sub segmented into the following categories:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Biomass Briquette Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Biomass Briquette Market Revenues & Volume, 2021 & 2031F |
3.3 Asia Pacific Biomass Briquette Market - Industry Life Cycle |
3.4 Asia Pacific Biomass Briquette Market - Porter's Five Forces |
3.5 Asia Pacific Biomass Briquette Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Asia Pacific Biomass Briquette Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Asia Pacific Biomass Briquette Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Asia Pacific Biomass Briquette Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Biomass Briquette Market Trends |
6 Asia Pacific Biomass Briquette Market, 2021 - 2031 |
6.1 Asia Pacific Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
6.2 Asia Pacific Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
7 China Biomass Briquette Market, 2021 - 2031 |
7.1 China Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
7.2 China Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
8 India Biomass Briquette Market, 2021 - 2031 |
8.1 India Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
8.2 India Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Japan Biomass Briquette Market, 2021 - 2031 |
9.1 Japan Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
9.2 Japan Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Australia Biomass Briquette Market, 2021 - 2031 |
10.1 Australia Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
10.2 Australia Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Indonesia Biomass Briquette Market, 2021 - 2031 |
11.1 Indonesia Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
11.2 Indonesia Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Philippines Biomass Briquette Market, 2021 - 2031 |
12.1 Philippines Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
12.2 Philippines Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Malaysia Biomass Briquette Market, 2021 - 2031 |
13.1 Malaysia Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
13.2 Malaysia Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
14 Rest of Asia Biomass Briquette Market, 2021 - 2031 |
14.1 Rest of Asia Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
14.2 Rest of Asia Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Asia Pacific Biomass Briquette Market Key Performance Indicators |
12 Asia Pacific Biomass Briquette Market - Opportunity Assessment |
12.1 Asia Pacific Biomass Briquette Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Asia Pacific Biomass Briquette Market Opportunity Assessment, By Source, 2021 & 2031F |
12.3 Asia Pacific Biomass Briquette Market Opportunity Assessment, By Application, 2021 & 2031F |
13 Asia Pacific Biomass Briquette Market - Competitive Landscape |
13.1 Asia Pacific Biomass Briquette Market Revenue Share, By Companies, 2024 |
13.2 Asia Pacific Biomass Briquette Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |