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Daily News / Global Trends / Market Analysis / Statistics / Wood pellets / Europe / Global / North America
March 28, 2016

Global biomass pellet market expected to rise sharply by 2020

Global biomass pellet market expected to rise sharply by 2020
      The global biomass pellet market was valued at $6.9 billion (€6.17bn) in 2014 and it is expected to grow with a CAGR of 11.1% during the 2015-2020 period, a study published by P&S Market Research says.    The increased level of investments in the biomass industry has propelled the technological advancement, and there has been a recent upsurge worldwide in co-firing of biomass with coal, since it is a carbon neutral fuel, which helps to reduce emissions from thermal power plants.    ...

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