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:
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Drax Biomass
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Energex
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Enviva Biomass
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Forest Energy Corporation
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Helius Energy Ltd.
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International WoodFuels, LLC
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New England Wood Pellet
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Viridis Energy Inc.
-
Westervelt Renewable Energy, LLC
For more information visit http://www.researchandmarkets.com/research/6krx6g/global_biomass
View source version on businesswire.com: http://www.businesswire.com/news/home/20160414006493/en/
Copyright Business Wire 2016
Source: Business Wire
(April 14, 2016 - 2:07 PM EDT)
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