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March 28, 2016
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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