Market Forecast by Countries (United States, Canada), By Type (Spruce, Pine, Beech, Straw, Others), By Application (Heating of Residential and Commercial Buildings, District Heating and Electricity Production), By End-Use (Pharmaceutical Industry, Food, Chemical Industry, Dye and Pigment, Paper Mills, Textile Industry, Leather Manufacturing) And Competitive Landscape
Product Code: ETC404666 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
Briquettes can be made from different types of materials, including coal, charcoal, wood, and paper. Briquettes are a convenient and efficient way to use coal and other biomass materials as they are easy to store and transport. Briquettes also have a higher combustion temperature than loose coal, which makes them ideal for use in boilers and furnaces. Briquettes are made from agricultural residues, which are converted into uniform shaped and sized briquettes that offer higher calorific value, burn longer, and generate more heat than traditional fuels such as wood. The North America Briquette Market is driven by the growing demand for renewable energy sources, rising environmental concerns, and government initiatives to promote the use of renewable energy sources. The North America Briquette Market is a part of Global Briquette Market.
According to 6Wresearch, the North America Briquette Market size is likely to witness growth during 2022-28. The market is driven by the rising demand for briquettes from the residential and commercial sectors. In addition, the growing awareness about the environmental benefits of briquettes is expected to fuel the growth of the market. Additionally, Briquettes are made from waste materials such as wood chips, sawdust, paper, and others. They are a renewable source of energy and help in reducing greenhouse gas emissions. Briquettes are used as a substitute for coal and other fossil fuels. They are also used in boilers, furnaces, and open fires. However, the high cost of briquettes and the lack of awareness about their benefits are some of the challenges that are expected to restraint market growth.
The United States is the largest market for North America Briquette holds highest market share. The briquettes are made of wood waste, which is abundantly available in the country. Moreover, the country has a well-developed manufacturing sector that can produce high-quality briquettes. Canada is another major market for North America Briquette, as the country has a large forestry industry. Mexico is also a significant market for North America Briquette, due to the presence of a large number of small-scale industries that use briquettes as fuel.
The North America Briquette Market is highly competitive, with a large number of players vying for market share. The leading players in the market are Weyerhaeuser Company, Green Mountain Grills, Lignetics, Inc., and America Wood Fibers, Inc. These companies hold a significant share of the market between them and are well-established players with a strong presence in the region. Additionally, the competition in the market is largely based on price, with companies offering discounts and promotions to attract customers. There is also a lot of competition in terms of product quality, with companies striving to offer the best possible products to their customers. Further, the competition in the North America Briquette Market is likely to intensify in the coming years as more companies enter the market and try to gain a share of the pie.
The burst of Covid-19 has resulted into a stoppage of market growth. However, the North America Briquette Market is driven by the increasing demand for clean energy sources. Briquettes are considered to be a cleaner and more efficient alternative to traditional coal. They emit less carbon dioxide and other pollutants when burned, making them a more environmentally-friendly option. Additionally, the North America Briquette Market is further being supported by the growing demand from the iron & steel industry. Briquettes are commonly used in blast furnaces to produce pig iron.
Major players operating in the North America Briquette Market are:
The report delivers an extensive study of the subsequent market 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 North America Briquette Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Briquette Market Revenues & Volume, 2021 & 2028F |
3.3 North America Briquette Market - Industry Life Cycle |
3.4 North America Briquette Market - Porter's Five Forces |
3.5 North America Briquette Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 North America Briquette Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.8 North America Briquette Market Revenues & Volume Share, By Application, 2021 & 2028F |
3.8 North America Briquette Market Revenues & Volume Share, By End-Use, 2021 & 2028F |
4 North America Briquette Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Briquette Market Trends |
6 North America Briquette Market, 2018 - 2028 |
6.1 North America Briquette Market, Revenues & Volume, By Type, 2018 - 2028 |
6.2 North America Briquette Market, Revenues & Volume, By Application, 2018 - 2028 |
6.3 North America Briquette Market, Revenues & Volume, By End-Use, 2018 - 2028 |
8 United States Briquette Market, 2018 - 2028 |
8.1 United States Briquette Market, Revenues & Volume, By Type, 2018 - 2028 |
8.2 United States Briquette Market, Revenues & Volume, By Application, 2018 - 2028 |
8.3 United States Briquette Market, Revenues & Volume, By End-Use, 2018 - 2028 |
8 Canada Briquette Market, 2018 - 2028 |
8.1 Canada Briquette Market, Revenues & Volume, By Type, 2018 - 2028 |
8.2 Canada Briquette Market, Revenues & Volume, By Application, 2018 - 2028 |
8.3 Canada Briquette Market, Revenues & Volume, By End-Use, 2018 - 2028 |
9 North America Briquette Market Key Performance Indicators |
10 North America Briquette Market - Opportunity Assessment |
10.1 North America Briquette Market Opportunity Assessment, By Countries, 2021 & 2028F |
10.2 North America Briquette Market Opportunity Assessment, By Type, 2021 & 2028F |
10.3 North America Briquette Market Opportunity Assessment, By Application, 2021 & 2028F |
10.4 North America Briquette Market Opportunity Assessment, By End-Use, 2021 & 2028F |
11 North America Briquette Market - Competitive Landscape |
11.1 North America Briquette Market Revenue Share, By Companies, 2021 |
11.2 North America Briquette Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |