Global Biomass Fuel (PKS) Supply, Demand and Key Producers, 2026-2032
Description
The global Biomass Fuel (PKS) market size is expected to reach $ 3257 million by 2032, rising at a market growth of 8.9% CAGR during the forecast period (2026-2032).
PKS is a byproduct of the palm oil industry and can be used as a fuel for biomass power plants. It has the characteristics of high calorific value, carbon neutrality, and easy storage. In recent years, it has attracted much attention as a biomass fuel.The utilization of palm kernel shells not only reduces the cost of waste treatment, but also creates new economic value by converting it into biomass fuel, promoting the development of related industries.
With the growing global demand for renewable energy, PKS as a waste material reuse is in line with the concept of sustainable development. It not only reduces waste emissions during palm oil production and reduces environmental pollution, but also provides a new resource source for the energy sector.
PKS is abundantly available; however, this report exclusively focuses on the commercially utilized portion of PKS. The unused or discarded portions, which do not hold commercial value, are not included in the statistical analysis.
Manufacturers in the industry make Biomass Fuel (PKS) through the purchase, screening, drying and processing of palm kernel shells. Biomass Fuel (PKS) can be exported to Japan, South Korea, Europe and other places.
Leading companies like Iwatani Corporation, Global Iwatani Corporation, NISSIN BIO ENERGY, and DSNG (PT Dharma Satya Nusantara Tbk) dominate the industry, with the top three players accounting for 12.42% of global revenue in 2023. However, the market remains highly fragmented due to abundant supply in production hubs like Indonesia and Malaysia, where a significant portion of PKS is consumed locally before surplus is exported. This fragmentation is further compounded by the presence of numerous distributors and exporters who collect PKS locally and ship it to demand-driven markets such as Japan, South Korea, Europe, and the Americas.
The role of distributors and exporters is pivotal in bridging supply and demand. Companies such as Gombella Integrated Services Limited, ARGYA ENERGY, Provident Biofuels, Arkan Group, and PT UNIVERSAL PALM INDONESIA (UNIPALM) are critical in facilitating global trade. Meanwhile, large-scale downstream users, particularly in Japan and Europe, have established procurement offices in Indonesia and Malaysia to ensure stable supply chains and consistent quality.
The market is increasingly shaped by the rising importance of Certified PKS, driven by governmental policies promoting sustainable practices. In 2023, Certified PKS constituted 33.59% of the market, but its share is expected to reach 45.75% by 2030. This rapid growth reflects stringent certification requirements in key importing countries to ensure sustainability and traceability, aligning with global environmental goals.
Japan leads as the largest importer of PKS, fueled by robust policies supporting renewable energy, the need for carbon-neutral solutions, and its geographical proximity to Southeast Asia. Japanese utilities are major consumers, leveraging PKS as a sustainable and cost-effective alternative for power generation. The compatibility of PKS with Japan’s energy policies and its efficient transportation routes from Southeast Asia make it a cornerstone of the country's renewable energy strategy.
The PKS market's trajectory is bolstered by several factors, including government incentives, rising demand for biomass-based power generation, its high calorific value, and environmental advantages. As more countries aim to decarbonize their energy sectors, PKS offers a renewable, efficient, and scalable solution.
This report studies the global Biomass Fuel (PKS) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Biomass Fuel (PKS) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Biomass Fuel (PKS) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Biomass Fuel (PKS) total production and demand, 2021-2032, (Kilotons)
Global Biomass Fuel (PKS) total production value, 2021-2032, (USD Million)
Global Biomass Fuel (PKS) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons), (based on production site)
Global Biomass Fuel (PKS) consumption by region & country, CAGR, 2021-2032 & (Kilotons)
U.S. VS China: Biomass Fuel (PKS) domestic production, consumption, key domestic manufacturers and share
Global Biomass Fuel (PKS) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Kilotons)
Global Biomass Fuel (PKS) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
Global Biomass Fuel (PKS) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
This report profiles key players in the global Biomass Fuel (PKS) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Iwatani Corporation, NISSIN BIO ENERGY, DSNG (PT Dharma Satya Nusantara Tbk), BIO ENECO, Palmline Bioenergy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Biomass Fuel (PKS) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kilotons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Biomass Fuel (PKS) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Biomass Fuel (PKS) Market, Segmentation by Type:
Non-Certified PKS
Certified PKS
Global Biomass Fuel (PKS) Market, Segmentation by Application:
Residential
Business
Industry
Companies Profiled:
Iwatani Corporation
NISSIN BIO ENERGY
DSNG (PT Dharma Satya Nusantara Tbk)
BIO ENECO
Palmline Bioenergy
Key Questions Answered:
1. How big is the global Biomass Fuel (PKS) market?
2. What is the demand of the global Biomass Fuel (PKS) market?
3. What is the year over year growth of the global Biomass Fuel (PKS) market?
4. What is the production and production value of the global Biomass Fuel (PKS) market?
5. Who are the key producers in the global Biomass Fuel (PKS) market?
6. What are the growth factors driving the market demand?
PKS is a byproduct of the palm oil industry and can be used as a fuel for biomass power plants. It has the characteristics of high calorific value, carbon neutrality, and easy storage. In recent years, it has attracted much attention as a biomass fuel.The utilization of palm kernel shells not only reduces the cost of waste treatment, but also creates new economic value by converting it into biomass fuel, promoting the development of related industries.
With the growing global demand for renewable energy, PKS as a waste material reuse is in line with the concept of sustainable development. It not only reduces waste emissions during palm oil production and reduces environmental pollution, but also provides a new resource source for the energy sector.
PKS is abundantly available; however, this report exclusively focuses on the commercially utilized portion of PKS. The unused or discarded portions, which do not hold commercial value, are not included in the statistical analysis.
Manufacturers in the industry make Biomass Fuel (PKS) through the purchase, screening, drying and processing of palm kernel shells. Biomass Fuel (PKS) can be exported to Japan, South Korea, Europe and other places.
Leading companies like Iwatani Corporation, Global Iwatani Corporation, NISSIN BIO ENERGY, and DSNG (PT Dharma Satya Nusantara Tbk) dominate the industry, with the top three players accounting for 12.42% of global revenue in 2023. However, the market remains highly fragmented due to abundant supply in production hubs like Indonesia and Malaysia, where a significant portion of PKS is consumed locally before surplus is exported. This fragmentation is further compounded by the presence of numerous distributors and exporters who collect PKS locally and ship it to demand-driven markets such as Japan, South Korea, Europe, and the Americas.
The role of distributors and exporters is pivotal in bridging supply and demand. Companies such as Gombella Integrated Services Limited, ARGYA ENERGY, Provident Biofuels, Arkan Group, and PT UNIVERSAL PALM INDONESIA (UNIPALM) are critical in facilitating global trade. Meanwhile, large-scale downstream users, particularly in Japan and Europe, have established procurement offices in Indonesia and Malaysia to ensure stable supply chains and consistent quality.
The market is increasingly shaped by the rising importance of Certified PKS, driven by governmental policies promoting sustainable practices. In 2023, Certified PKS constituted 33.59% of the market, but its share is expected to reach 45.75% by 2030. This rapid growth reflects stringent certification requirements in key importing countries to ensure sustainability and traceability, aligning with global environmental goals.
Japan leads as the largest importer of PKS, fueled by robust policies supporting renewable energy, the need for carbon-neutral solutions, and its geographical proximity to Southeast Asia. Japanese utilities are major consumers, leveraging PKS as a sustainable and cost-effective alternative for power generation. The compatibility of PKS with Japan’s energy policies and its efficient transportation routes from Southeast Asia make it a cornerstone of the country's renewable energy strategy.
The PKS market's trajectory is bolstered by several factors, including government incentives, rising demand for biomass-based power generation, its high calorific value, and environmental advantages. As more countries aim to decarbonize their energy sectors, PKS offers a renewable, efficient, and scalable solution.
This report studies the global Biomass Fuel (PKS) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Biomass Fuel (PKS) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Biomass Fuel (PKS) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Biomass Fuel (PKS) total production and demand, 2021-2032, (Kilotons)
Global Biomass Fuel (PKS) total production value, 2021-2032, (USD Million)
Global Biomass Fuel (PKS) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons), (based on production site)
Global Biomass Fuel (PKS) consumption by region & country, CAGR, 2021-2032 & (Kilotons)
U.S. VS China: Biomass Fuel (PKS) domestic production, consumption, key domestic manufacturers and share
Global Biomass Fuel (PKS) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Kilotons)
Global Biomass Fuel (PKS) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
Global Biomass Fuel (PKS) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
This report profiles key players in the global Biomass Fuel (PKS) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Iwatani Corporation, NISSIN BIO ENERGY, DSNG (PT Dharma Satya Nusantara Tbk), BIO ENECO, Palmline Bioenergy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Biomass Fuel (PKS) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kilotons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Biomass Fuel (PKS) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Biomass Fuel (PKS) Market, Segmentation by Type:
Non-Certified PKS
Certified PKS
Global Biomass Fuel (PKS) Market, Segmentation by Application:
Residential
Business
Industry
Companies Profiled:
Iwatani Corporation
NISSIN BIO ENERGY
DSNG (PT Dharma Satya Nusantara Tbk)
BIO ENECO
Palmline Bioenergy
Key Questions Answered:
1. How big is the global Biomass Fuel (PKS) market?
2. What is the demand of the global Biomass Fuel (PKS) market?
3. What is the year over year growth of the global Biomass Fuel (PKS) market?
4. What is the production and production value of the global Biomass Fuel (PKS) market?
5. Who are the key producers in the global Biomass Fuel (PKS) market?
6. What are the growth factors driving the market demand?
Table of Contents
86 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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