Market Forecast By Regions (Asia Pacific, North America, Latin America, Middle East, Africa And Europe), By Source (Agro waste Briquettes, Sawdust Briquettes, Wood Briquettes), By Application (Industrial, Household) And Competitive Landscape
Product Code: ETC081277 | Publication Date: Aug 2021 | Updated Date: May 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
As per 6Wresearch, the Global Biomass Briquette Market sizewas exhibited USD 12.1 billion and is projected to reach USD 24.5 billion by 2031, growing at a CAGR of 8.2% from 2025 to 2031, driven climate change concern, rising energy demand, availability of raw materials.
Report Name | Global Biomass Briquette Market |
Forecast Period | 2025-2031 |
Market Size | USD 24.5 billion by 2031 |
CAGR | 8.2% |
Growing Sector | Industry |
Global Biomass Briquette Market report thoroughly covers the marketby source, by regionby applications.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 global biomass briquette markethas been witnessed of remarkable growth in the recent years. Biomass briquette is one of the fuels that is renewable and made by compressing waste materials. The market is driven by increasing demand for sustainable energy solutions and the need to reduce reliance on fossil fuels.This expansion is occurred the adoption of biomass briquettes in various applications, including power generation, heating, and cooking, as industries and households seek eco-friendly alternatives to traditional energy sources.Further, market size information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.
Global Biomass Briquette Market is expected to grow at a significant CAGR of 8.2% during the forecast period 2025-2031. Market analysis on the basis of Type includes sawdust, briquettes, Agrowast, wood briquettes. This segmentation encircles the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Furthermore, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.
As the concern is rising over climate change and the depletion of fossil fuels, industries and households are shifting towards renewable alternatives like biomass briquettes, which offer a cleaner and carbon-neutral solution. On top of that, government initiatives and policies that encourage the adoption of renewable energy, particularly in emerging economies throughout the Asia Pacific, are driving market growth. The affordability and availability of raw materials like agro-waste and forestry residues make biomass briquettes a compelling choice for power generation, heating, and cooking.
Despite these growth factors, Global biomass briquette industryis up against several challenges that could slow its progress. One of the major concerns is the inconsistent quality and moisture content of raw materials, which can impact the performance and combustion efficiency of briquettes. Further, the high expenditure costs for briquette production equipment and the limited awareness among end-users. Particularly, it happens inthe developing regions that create hurdles for widespread adoption. Another obstacle for instance, Transportation and lack of storage can also be tricky due to the bulky nature of briquettes and their vulnerability to moisture, which affects their usability and shelf life. To address these issues through technological innovations and awareness campaigns is crucial for the ongoing growth of the biomass briquette market.
The global biomass briquette market is experiencing significant growth, driven by several key trends. Advancements in briquetting technologies, such as high-pressure briquetting machines and binder less methods, are enhancing production efficiency and product quality. Additionally, the integration of biomass briquettes with other renewable energy sources, like solar and wind power, is gaining traction, providing a more stable and reliable energy supply. The adoption of these technologies and hybrid systems is expected to further propel the market's expansion in the coming years.
The global biomass briquette market is bringing with exciting investment opportunities. This market is fuelled by a growing demand for sustainable energy solutions and supportive government initiatives. With an estimated market size of around USD 24.5 billion by 2031, and a healthy growth rate of 8.2% CAGR, investors have a great chance to benefit from the increasing use of biomass briquettes in power generation, heating, and cooking. Emerging markets, especially in Asia and Africa. That has shown tremendous growth potential as they transition from traditional fuels to cleaner alternatives. In addition, the ability to integrate biomass briquettes with existing coal-fired power plants through co-firing strategies offers a cost-effective way to cut down carbon emissions, opening up even more investment opportunities.
The global biomass briquette market is thriving in the presence of several companies Enviva, Pacific BioEnergy, Drax Biomass, PFEIFER Group, Biomass Secure Power, Energex Pellet Fuel, Lignetics, German Pellets GmbH, Pinnacle Renewable Energy, and Balcas Energy. The significant players in the market have strategically focused on product launch as their key strategy to gain a significant market share. The key players are Enviva, Pacific Bio Energy. German Pellets, RWE Innogy, Drax Biomass, General Biofuel, Pfeifer Group, Biomass Secure Power, Energex, Westervelt.
Their strategic operations run across regions such as North America, Europe, and Asia-Pacific, where they leverage abundant raw materials like sawdust, agro-waste, and wood residues. To meet the growing demand for sustainable energy solutions. Furthermore, companies like 3E SAVERS INDIA LLP and Punjab Renewable Energy Systems Pvt. Ltd. (PRESPL) are notable contributors in the Indian market, focusing on utilizing agricultural residues to produce biomass briquettes. These help inpromoting renewable energy adoption and supporting rural economies.
Government regulations have positively influenced on the growth of the global biomass briquette market, especially in India. Here, policies are crafted to encourage the use of agricultural waste and lessen our reliance on fossil fuels. To boost the production of biomass briquettes and pellets, the Ministry of New and Renewable Energy (MNRE) provides Central Financial Assistance (CFA) through the National Bioenergy Programme. This support can go up to ₹45 lakh for each manufacturing plant and as much as ₹5 crore for biomass-based cogeneration projects, making it easier to set up production facilities and encouraging the shift towards cleaner energy options. Ultimately, the goal of these government policies and regulations is to ensure safety and security for both consumers and the environment.
The global biomass briquette marketis anticipated for considerable growth in the coming years. With multiple factors such as increasing demand for sustainable energy sources and supportive government policies, the global biomass briquette is likely to grow.Because the waste generation would be increase in upcoming time, further it propels the market. Government initiatives will play their role in this market with their favourable policies. This expansion is fuelled by advancements in briquetting technologies, rising environmental awareness, and the need for cost-effective, renewable energy alternatives to fossil fuels. Emerging economies, particularly in Asia Pacific, offer substantial growth opportunities due to abundant agricultural residues and increasing industrial energy demands. Overall, all the major drivers including government policies are contributing in the development of the Global biomass briquette market growth.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Suryakant, Senior Research Analyst at 6wresearch, the Asia Pacific region is projected to lead the briquettes market owing to rapid industrialization and increasing energy demand in countries like China and India. North America and Europe also contribute significantly, supported by environmental regulations and the shift towards cleaner energy alternatives.
Among various briquette sources, agro waste briquettes are most preferable due to their abundant availability and cost-effectiveness. This is widely used in both industrial and household applications, providing an eco-friendly alternative to fossil fuels. Sawdust and wood briquettes are also gaining traction, particularly in regions where forestry residues are plentiful and demand for biomass fuel is growing.
The industrial application segment is expected to maintain dominance in the global biomass briquettes market share. This growth is driven by increasing use of briquettes as a renewable energy source in manufacturing, power generation, and processing industries. The household segment is also witnessing steady growth, especially in rural areas where briquettes serve as an affordable and cleaner cooking fuel alternative.
The market report covers the following segments
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 Global Biomass Briquette Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Biomass Briquette Market Revenues & Volume, 2021 & 2031F |
3.3 Global Biomass Briquette Market - Industry Life Cycle |
3.4 Global Biomass Briquette Market - Porter's Five Forces |
3.5 Global Biomass Briquette Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Global Biomass Briquette Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Global Biomass Briquette Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Biomass Briquette Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Biomass Briquette Market Trends |
6 Global Biomass Briquette Market, 2021 - 2031 |
6.1 Global Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
6.2 Global Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
7 Africa Biomass Briquette Market, 2021 - 2031 |
7.1 Africa Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
7.2 Africa Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Europe Biomass Briquette Market, 2021 - 2031 |
8.1 Europe Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
8.2 Europe Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Latin America Biomass Briquette Market, 2021 - 2031 |
9.1 Latin America Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
9.2 Latin America Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Asia Pacific Biomass Briquette Market, 2021 - 2031 |
10.1 Asia Pacific Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
10.2 Asia Pacific Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
11 North America Biomass Briquette Market, 2021 - 2031 |
11.1 North America Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
11.2 North America Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Biomass Briquette Market, 2021 - 2031 |
12.1 Middle East Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
12.2 Middle East Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Biomass Briquette Market, 2021 - 2031 |
13.1 Global Biomass Briquette Market, Revenues & Volume, By Source, 2021 - 2031 |
13.2 Global Biomass Briquette Market, Revenues & Volume, By Application, 2021 - 2031 |
14 Global Biomass Briquette Market Key Performance Indicators |
15 Global Biomass Briquette Market - Opportunity Assessment |
15.1 Global Biomass Briquette Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Biomass Briquette Market Opportunity Assessment, By Source, 2021 & 2031F |
15.3 Global Biomass Briquette Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Biomass Briquette Market - Competitive Landscape |
16.1 Global Biomass Briquette Market Revenue Share, By Companies, 2024 |
16.2 Global Biomass Briquette Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |