Global Biomass Briquette Market Size, Share & Trends Analysis Report, Forecast Period, 2024-2030

The Biomass Briquette Market is experiencing robust expansion, with market size projected to increase from (1.2 Billion) 2024 to (2.5 Billion) 2030, demonstrating a consistent year-over-year growth rate of 8.5%. Biomass Briquette Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Biomass Briquette, Biomass Pellet), by Applications (Thermal Energy, Power Generation, Others) And Regions ({regionNms}) : Industry Forecast and Opportunity Analysis for 2024 - 2030

Biogas and biomethane are complementary terms on which various direct and indirect processes take place that regard producing and utilizing gases originating from the decomposition of organic matter. Such gases as biogas compose an initial gas mixture, such as methane and carbon dioxide directly derived during anaerobic digestion of things such as food, agricultural residue, and sewage. In contrast, biomethane is purified biogas: reduce the CO₂ and other impurities to grade the gas very nearly entirely from methane. This upgraded gas is essentially interchangeable with natural gas, allowing its utilization in existing natural gas infrastructure. Again, this market is growing fast because it is coming to serve a global demand for renewable energy and a solid understanding of the requirements for organic waste management. Integrating biomethane easily into existing natural gas systems creates a compelling proposition for a range of applications in transportation, heating, and power generation.

Biomass Briquette Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2024
Growth Rate	CAGR of 8.5%
Forecast Value (2030)	USD 2.5 Billion
By Product Type	Biomass Briquette, Biomass Pellet
Key Market Players	Bayou Wood P Lignetic Enviva Energex Enova Energy Group Maine Woods Pellet Premium Pellet Ltd. German Pellets Drax Biomass Pfeifer Group Rentech Graanul Invest Group Pacific BioEnergy Corporation Bear Mountain Forest Prod Protocol Energy Pinnacle Renewable Energy Group Fram Renewable Fuels E-pellets Granules LG BlueFire Renewables Appalachian Wood Pellets General Biofuels Agropellets Corinith Wood Pellets Biomass Secure Power RWE Innogy
By Region

Biomass Briquette Market Trends

A major trend has been the increasing integration of biomethane into existing natural gas grids, driven by advances in purification technologies. The use of existing infrastructure reduces the need for new investment. Important for public demand, biomethane is being used as a cleaner alternative to fossil fuels in the transport sector, with more and more infrastructures for bio-CNG and bio-LNG fuelling stations. Another trend is the diversification of feedstocks for the production of biogas and biomethane. Traditional feedstocks such as agricultural wastes are still relevant, but there is increasing importance being given to the use of municipal solid waste and organic residues, thereby enhancing circular economy principles. There is also an increase in technological innovations that address efficiency in anaerobic digestion and the overall production of biomethane.

Biomass Briquette Market Leading Players

The key players profiled in the report are General Biofuels, Pfeifer Group, Biomass Secure Power, Granules LG, Graanul Invest Group, Enviva, Protocol Energy, Pinnacle Renewable Energy Group, Appalachian Wood Pellets, Energex, Bayou Wood P, Rentech, Drax Biomass, Lignetic, Maine Woods Pellet, Agropellets, Pacific BioEnergy Corporation, Enova Energy Group, German Pellets, BlueFire Renewables, E-pellets, Bear Mountain Forest Prod, Fram Renewable Fuels, Corinith Wood Pellets, Premium Pellet Ltd., RWE Innogy

Growth Accelerators

The growth of the biogas and biomethane market is attributed to several major factors. Mainly, industries and governments are now being forced to adopt cleaner alternatives in compliance with increasingly stringent environmental regulations, which work toward the reduction of greenhouse gas emissions and promotion of renewable energy sources. Government incentives, in the form of grants and tax holidays for biogas and biomethane projects, further bolster investments in these projects. Rising awareness surrounding waste management and the circular economy additionally propels the market forward since biogas actually provides a sustainable option for the disposal of organic wastes. The growing demand for renewable natural gas (RNG) in transportation and heating, where electrification is often not viable, also contributes heavily. Finally, increasing focus on energy security and diversification of energy supplies triggers adoption of biogas and biomethane, presenting an opportunity for reliable energy from local production.

Biomass Briquette Market Segmentation analysis

The Global Biomass Briquette is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Biomass Briquette, Biomass Pellet . The Application segment categorizes the market based on its usage such as Thermal Energy, Power Generation, Others. Geographically, the market is assessed across key Regions like {regionNms} and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The biogas and biomethane sector provide a competitive environment with established players and emerging companies, making the scenario more dynamic. From large energy companies interested in the production of biomethane to specialized technology providers offering anaerobic digestion solutions, key competitors are diverse. Companies are competing fiercely in the maximization of feedstock utilization, optimizing gas yield, and lowering production costs. Strategic partnerships, mergers, and acquisitions are frequently used strategies to enhance both technological capabilities and market presence. The variances in market maturity and regulatory framework across different regions also add to the fragmented competitive landscape. In Europe, for instance, established players greatly benefit from clearly defined policies and infrastructure. In stark contrast, emerging markets are faced with fierce competition, mainly driven by local players skilled in the waste management and agricultural arenas.

Challenges In Biomass Briquette Market

The market for biogas and biomethane is full of potential, yet there are also significant hurdles in the way. First and foremost, of these concerns is up-front investment for the building and operation of biogas and biomethane production units. This encompasses costs for anaerobic digestion methods, upgrading equipment, grid connection infrastructure, etc. Economic feasibility is tied not only to fluctuating energy prices but also to the continuation of securing steady feedstock supplies, which could vary by region. Another major hurdle is competition with established energy sources and other alternative renewables. Biomethane is between a rock and a hard place competition-wise as far as conventional natural gases are concerned generally because it nearly always has developed systems and, for example, preferably lower production costs. And then there's the very strong competition from other renewable energy sources like solar and wind power that have already undergone enormous reductions in cost.

Risks & Prospects in Biomass Briquette Market

The transition to clean fuels in transportation, industrial heating, and power generation provides an attractive market for biomethane. Increases in anaerobic digestion and gas upgrading technologies also improve production efficiency, making biogas more competitive with fossil fuels. Regionally, Europe dominates the market due to favourable policies like the EU Green Deal and the Renewable Energy Directive. Countries such as Germany, France, and the UK boast well-structured biogas sectors. The North American market is also steadily growing, with wider adoption in the U.S. and Canada, further supported by federal and state renewable energy policies. In the Asia-Pacific region, rapid industrialization and waste management initiatives in China, India, and Japan are stimulating growth in the market, whereas Latin America and Africa are emerging as potential markets for increased investments in sustainable energy projects.

Key Target Audience

, The main target audience for the biogas and biomethane market includes industries, government establishments, and energy producers interested in sustainable solutions. The industrial sectors constitute the primary consumers of biogas, mostly for waste management and energy generation. Agriculture, food processing, and wastewater treatment plants use biogas as energy generation and waste management., Another large segment is formed by the investors, technology vendors, and research institutions working on biogas upgrading technologies and infrastructure development. An increasing number of energy companies and utility providers are also injecting biomethane into the existing gas grids in the spirit of sustainability. Another market driver is the environmental NGOs and eco-friendly consumers looking for renewable energy solutions.

Merger and acquisition

Recently, the biogas and biomethane markets have seen significant phases of mergers and acquisitions, demonstrating the vibrant growth and strategic importance of the industry in the renewable energy arena. In October 2024, Italian energy giant Eni agreed to sell a 25 percent stake in its biofuel subsidiary, Enilive, to KKR for €2.94 billion, valuing Enilive at almost €12 billion. This is in line with Eni's plans to try and attract co-investors in support of its transition to energy. Enilive runs biorefineries and biomethane production sites across Europe and the U.S., thus further emphasizing the growing worth that is increasingly attached to biomethane assets in the international energy marketplace. Additionally, in November 2024, Finland's Gasum acquired Haerup Biogas, a Danish biogas plant utilizing manure to produce about 40 GWh of biogas annually. Acquiring Haerup Biogas demonstrates that Denmark is an attractive location for biogas production with its secure agricultural basis and good conditions for feedstock availability. It will build a gas upgrading unit and grid connection to exploit the capacity generated by the plant with these investments. These strategic acquisitions are evidence of the growing importance given to expanding biomethane production capabilities and to the interfacing consolidation dynamic within the industry. >

Analyst Comment

The market for biogas and biomethane has been growing phenomenally in recent years, especially due to strong global initiatives towards sustainable energy alternatives. Such phenomenal growth is heavily driven by the severe regulatory environment, the incentives by governments for the promotion of the use of renewable energy sources, and major advances in the technology of anaerobic digestion. The flexibility of the market is illustrated in its number of applications, which include using it to generate electricity, using it as fuel for vehicles, and injecting it into existing gas grids, thus showing promise as a widely adopted application for such technology. Currently, Europe enjoys superiority in the market while the Asia-Pacific region shows the fastest growth due to the degree of industrialization and consequent generation of waste.