April 14, 2016 - 2:07 PM EDT
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Global Biomass Pellet Market Forecast to 2020 - Increasing Use of Biomass Pellets in Power Industry - Research and Markets

Research and Markets has announced the addition of the "Global Biomass Pellet Market Size, Share, Development, Growth and Demand Forecast to 2020 - Industry Insights by Application (Heat Sector, Power Sector)" report to their offering.

The global biomass pellet market is expected to grow with a CAGR of 11.1% until 2020.

The increasing use of biomass pellets in power industry is propelling the growth of the global biomass pellet market. The growing demand for renewable energy source is one of the important factors, which is supporting the adoption of biomass pellets in the power industry. The increased government initiatives and stringent environment regulations are the key drivers promoting the growth of the global biomass pellet market.

The implementation of stringent environmental regulations across the globe is propelling the demand for efficient renewable energy sources. Fossil fuels, such as coal, natural gas, and petroleum are the primary non-renewable sources of energy across the globe. Globally, the major portion of energy requirements is fulfilled by fossil fuels.

The global consumption of fossil fuels continues to increase, which is driving the rapid depletion of fossil fuels. Moreover, global warming is a major environmental challenge across the globe. The different governments and international organizations are framing stringent environmental regulations, in order to reduce the pollution and carbon emissions.

This further compels the governments to adapt renewable energy technologies, such as wind, biomass, solar and tidal energy for power generation. Biomass pellets provide an efficient solution to decrease the global dependency on fossil fuels and reduce the emission of greenhouse gases in the atmosphere.

Key Topics Covered:

1. Research Scope & Methodology

2. Executive Summary

3. Market Outlook

4. Global Biomass Pellets Market Size and Forecast (2011 - 2020)

5. Global Biomass Pellets Market, by Geography

6. Competitive Analysis

7. Company Profiles and Strategic Developments

Companies Profiled:

  • Drax Biomass
  • Energex
  • Enviva Biomass
  • Forest Energy Corporation
  • Helius Energy Ltd.
  • International WoodFuels, LLC
  • New England Wood Pellet
  • Viridis Energy Inc.
  • Westervelt Renewable Energy, LLC

For more information visit http://www.researchandmarkets.com/research/6krx6g/global_biomass

Research and Markets
Laura Wood, Senior Manager
[email protected]handmarkets.com
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Sector: Biofuels

Source: Business Wire (April 14, 2016 - 2:07 PM EDT)

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