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Global Black Pellets Market Research Report - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2033)

Published Aug 13, 2025
Length 202 Pages
SKU # LOOK20514494

Description

Definition and Scope:

Black Pellets are produced through torrefaction or steam exploded, during which water content, cellulose sugars, and other volatile organic compounds are removed from the biomass to produce a solid biofuel with characteristics similar to those of fossil coal.

The global Black Pellets market size is projected to reach US$ 203.34 Million by 2028, from US$ 67.47 million in 2021, at a CAGR of 15.08% during 2022-2028. Due to no need for dry storage and transportation, better grindability, Due to the characteristics of less dust formed during handling and storage and higher specific energy density, black particles have received more and more attention and corresponding investment, which has become an important driving force for market development.

Moreover, the market for black pellets is on the rise owing to increasing global demand for renewable energy and growing concerns to limit the use of fossil fuels that contribute to global warming. Consumers in industrialized countries such as Europe are becoming more environmentally conscious and continue to rely more and more on renewable energy. Countries in the region such as China, India, and Japan are undertaking numerous projects to reduce levels of greenhouse gas (GHG) emissions. All these developments will have a positive impact on the sales of black pellets in the next decade.

Enforcement of stringent rules and regulations to minimize carbon emissions from fossil fuel and coal combustion is another key driver of the global black particulate market. This implementation encourages companies to focus on producing better, cleaner and cheaper fuels. Black pellets offer a cleaner, less expensive solution. Several industries, commercial complexes and residential consumers are increasing the use of black pellets as these pellets can replace coal used in coal-fired boiler units.

Segment by Type, the Black Pellets can be split into Torrefaction, Steam Explosion (SE), etc. Currently, Torrefaction occupies the most dominant market share. In 2021, the market share of the Torrefaction market size reached 66.85%, significantly higher than the Steam Explosion (SE) type. Zilkha Biomass Energy has developed Steam Explosion Technology (SE) since 2010 and expanded its plant capacity in 2014. The market share of steam explosion technology subsequently declined significantly. The phenomenon that Torrefaction maintains its dominant position in the market will continue in the forecast period, but the market size of Steam Explosion (SE) will expand at a higher rate, reaching a CAGR of 19.51%.

From the perspective of application scenarios, Power Generation is the most important use of black pellets, accounting for 97.59% in 2021. Rising energy and electricity costs and volatility in the oil and gas industry are driving the demand for renewable energy generation products, which will continue to drive the expansion of the Power Generation segment market size.

Affected by the epidemic, many companies declared bankruptcy or closed factories in 2020. For example, Bioendev plans to close its black pellet factory in February 2020, and Thermate Industries (Kate Street Capital) went bankrupt in May 2020, but in general, market fundamentals are still improving. With the breakthrough of black wood pellet research and development technology and the improvement of production economy, the share of black pellets in the entire wood pellet market will further increase in the future, and black pellets will still be an important product in the future development of wood pellets.

On basis of geography, the Black Pellets market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. The same status will remain for several years. In 2021, Europe's sales accounted for approximately 55.72% of the global market, while North America accounted for 35.63%. Asia Pacific is estimated to be an important region in the global black pellets market in the near future. Several countries in the region, such as China, India, and Japan, are undertaking numerous projects to reduce levels of greenhouse gas (GHG) emissions. The black pellets market in Latin America, Middle East & Africa is expected to expand steadily during the forecast period. Rising investments in bio-based energy production in developing countries is expected to drive the black pellets market in these regions during the forecast period.

Currently, the major players in the market include Bionet, Blackwood Technology, Arbaflame, Airex Energy, Bioendev, ECN, Idemitsu Green Energy Vietnam Limited Company, FICA HPCI. Among them, Bionet, Arbaflame and FICA HPCI are using steam explosion technology, while the rest are It is Torrefaction technology.

This report offers a comprehensive analysis of the global Black Pellets market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.

Report Framework and Key Highlights:

Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.

Trend Analysis: Examination of ongoing and emerging trends impacting the market.

Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.

Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis

Market Segmentation: By type, application, region, and end-user industry.

Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.

This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:

Industry players

Investors

Researchers

Consultants

Business strategists

And all stakeholders with an interest or investment in the Black Pellets market.

Global Black Pellets Market: Segmentation Analysis and Strategic Insights

This section of the report provides an in-depth segmentation analysis of the global Black Pellets market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.

By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.

Global Black Pellets Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies Profiled

Zilkha Biomass Energy

New Biomass Energy

Bionet

Blackwood Technology

Arbaflame

Airex Energy

Bioendev

ECN

Idemitsu Green Energy Vietnam Limited Company

FICA HPCI

Powerwood Canada Corporation

Market Segmentation by Type

Torrefaction

Steam Explosion (SE)

Market Segmentation by Application

Power Generation

Others

Geographic Segmentation

North America: United States, Canada, Mexico

Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.

Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand

South America: Brazil, Argentina, Colombia.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA

Report Framework and Chapter Summary

Chapter 1: Report Scope and Market Definition

This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.

Chapter 2: Executive Summary

This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Black Pellets Market, highlighting its evolution over the short, medium, and long term.

Chapter 3: Market Dynamics and Policy Environment

This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.

Chapter 4: Competitive Landscape

This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.

Chapters 5–10: Regional Market Analysis

These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.

Chapter 11: Market Segmentation by Product Type

This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.

Chapter 12: Market Segmentation by Application

This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.

Chapter 13: Company Profiles

This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.

Chapter 14: Industry Chain and Value Chain Analysis

This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.

Chapter 15: Key Findings and Conclusions

The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.

Table of Contents

202 Pages
1 Introduction to Research & Analysis Reports
1.1 Black Pellets Market Definition
1.2 Black Pellets Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
2 Executive Summary
2.1 Global Black Pellets Market Size
2.2 Market Segmentation – by Type
2.3 Market Segmentation – by Application
2.4 Market Segmentation – by Geography
3 Key Market Trends, Opportunity, Drivers and Restraints
3.1 Key Takeway
3.2 Market Opportunities & Trends
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Major Factor Assessment
4 Global Black Pellets Market Competitive Landscape
4.1 Global Black Pellets Sales by Manufacturers (2020-2025)
4.2 Global Black Pellets Revenue Market Share by Manufacturers (2020-2025)
4.3 Black Pellets Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 New Entrant and Capacity Expansion Plans
4.5 Mergers & Acquisitions
5 Global Black Pellets Market by Region
5.1 Global Black Pellets Market Size by Region
5.1.1 Global Black Pellets Market Size by Region
5.1.2 Global Black Pellets Market Size Market Share by Region
5.2 Global Black Pellets Sales by Region
5.2.1 Global Black Pellets Sales by Region
5.2.2 Global Black Pellets Sales Market Share by Region
6 North America Market Overview
6.1 North America Black Pellets Market Size by Country
6.1.1 USA Market Overview
6.1.2 Canada Market Overview
6.1.3 Mexico Market Overview
6.2 North America Black Pellets Market Size by Type
6.3 North America Black Pellets Market Size by Application
6.4 Top Players in North America Black Pellets Market
7 Europe Market Overview
7.1 Europe Black Pellets Market Size by Country
7.1.1 Germany Market Overview
7.1.2 France Market Overview
7.1.3 U.K. Market Overview
7.1.4 Italy Market Overview
7.1.5 Spain Market Overview
7.1.6 Sweden Market Overview
7.1.7 Denmark Market Overview
7.1.8 Netherlands Market Overview
7.1.9 Switzerland Market Overview
7.1.10 Belgium Market Overview
7.1.11 Russia Market Overview
7.2 Europe Black Pellets Market Size by Type
7.3 Europe Black Pellets Market Size by Application
7.4 Top Players in Europe Black Pellets Market
8 Asia-Pacific Market Overview
8.1 Asia-Pacific Black Pellets Market Size by Country
8.1.1 China Market Overview
8.1.2 Japan Market Overview
8.1.3 South Korea Market Overview
8.1.4 India Market Overview
8.1.5 Australia Market Overview
8.1.6 Indonesia Market Overview
8.1.7 Malaysia Market Overview
8.1.8 Philippines Market Overview
8.1.9 Singapore Market Overview
8.1.10 Thailand Market Overview
8.1.11 Rest of APAC Market Overview
8.2 Asia-Pacific Black Pellets Market Size by Type
8.3 Asia-Pacific Black Pellets Market Size by Application
8.4 Top Players in Asia-Pacific Black Pellets Market
9 South America Market Overview
9.1 South America Black Pellets Market Size by Country
9.1.1 Brazil Market Overview
9.1.2 Argentina Market Overview
9.1.3 Columbia Market Overview
9.2 South America Black Pellets Market Size by Type
9.3 South America Black Pellets Market Size by Application
9.4 Top Players in South America Black Pellets Market
10 Middle East and Africa Market Overview
10.1 Middle East and Africa Black Pellets Market Size by Country
10.1.1 Saudi Arabia Market Overview
10.1.2 UAE Market Overview
10.1.3 Egypt Market Overview
10.1.4 Nigeria Market Overview
10.1.5 South Africa Market Overview
10.2 Middle East and Africa Black Pellets Market Size by Type
10.3 Middle East and Africa Black Pellets Market Size by Application
10.4 Top Players in Middle East and Africa Black Pellets Market
11 Black Pellets Market Segmentation by Type
11.1 Evaluation Matrix of Segment Market Development Potential (Type)
11.2 Global Black Pellets Sales Market Share by Type (2020-2033)
11.3 Global Black Pellets Market Size Market Share by Type (2020-2033)
11.4 Global Black Pellets Price by Type (2020-2033)
12 Black Pellets Market Segmentation by Application
12.1 Evaluation Matrix of Segment Market Development Potential (Application)
12.2 Global Black Pellets Market Sales by Application (2020-2033)
12.3 Global Black Pellets Market Size (M USD) by Application (2020-2033)
12.4 Global Black Pellets Sales Growth Rate by Application (2020-2033)
13 Company Profiles
13.1 Zilkha Biomass Energy
13.1.1 Zilkha Biomass Energy Company Overview
13.1.2 Zilkha Biomass Energy Business Overview
13.1.3 Zilkha Biomass Energy Black Pellets Major Product Offerings
13.1.4 Zilkha Biomass Energy Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.1.5 Key News
13.2 New Biomass Energy
13.2.1 New Biomass Energy Company Overview
13.2.2 New Biomass Energy Business Overview
13.2.3 New Biomass Energy Black Pellets Major Product Offerings
13.2.4 New Biomass Energy Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.2.5 Key News
13.3 Bionet
13.3.1 Bionet Company Overview
13.3.2 Bionet Business Overview
13.3.3 Bionet Black Pellets Major Product Offerings
13.3.4 Bionet Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.3.5 Key News
13.4 Blackwood Technology
13.4.1 Blackwood Technology Company Overview
13.4.2 Blackwood Technology Business Overview
13.4.3 Blackwood Technology Black Pellets Major Product Offerings
13.4.4 Blackwood Technology Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.4.5 Key News
13.5 Arbaflame
13.5.1 Arbaflame Company Overview
13.5.2 Arbaflame Business Overview
13.5.3 Arbaflame Black Pellets Major Product Offerings
13.5.4 Arbaflame Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.5.5 Key News
13.6 Airex Energy
13.6.1 Airex Energy Company Overview
13.6.2 Airex Energy Business Overview
13.6.3 Airex Energy Black Pellets Major Product Offerings
13.6.4 Airex Energy Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.6.5 Key News
13.7 Bioendev
13.7.1 Bioendev Company Overview
13.7.2 Bioendev Business Overview
13.7.3 Bioendev Black Pellets Major Product Offerings
13.7.4 Bioendev Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.7.5 Key News
13.8 ECN
13.8.1 ECN Company Overview
13.8.2 ECN Business Overview
13.8.3 ECN Black Pellets Major Product Offerings
13.8.4 ECN Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.8.5 Key News
13.9 Idemitsu Green Energy Vietnam Limited Company
13.9.1 Idemitsu Green Energy Vietnam Limited Company Company Overview
13.9.2 Idemitsu Green Energy Vietnam Limited Company Business Overview
13.9.3 Idemitsu Green Energy Vietnam Limited Company Black Pellets Major Product Offerings
13.9.4 Idemitsu Green Energy Vietnam Limited Company Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.9.5 Key News
13.10 FICA HPCI
13.10.1 FICA HPCI Company Overview
13.10.2 FICA HPCI Business Overview
13.10.3 FICA HPCI Black Pellets Major Product Offerings
13.10.4 FICA HPCI Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.10.5 Key News
13.11 Powerwood Canada Corporation
13.11.1 Powerwood Canada Corporation Company Overview
13.11.2 Powerwood Canada Corporation Business Overview
13.11.3 Powerwood Canada Corporation Black Pellets Major Product Offerings
13.11.4 Powerwood Canada Corporation Black Pellets Sales and Revenue fromBlack Pellets (2020-2025)
13.11.5 Key News
14 Key Market Trends, Opportunity, Drivers and Restraints
14.1 Key Takeway
14.2 Market Opportunities & Trends
14.3 Market Drivers
14.4 Market Restraints
14.5 Market Major Factor Assessment
14.6 Porter's Five Forces Analysis of Black Pellets Market
14.7 PEST Analysis of Black Pellets Market
15 Analysis of the Black Pellets Industry Chain
15.1 Overview of the Industry Chain
15.2 Upstream Segment Analysis
15.3 Midstream Segment Analysis
15.3.1 Manufacturing, Processing or Conversion Process Analysis
15.3.2 Key Technology Analysis
15.4 Downstream Segment Analysis
15.4.1 Downstream Customer List and Contact Details
15.4.2 Customer Concerns or Preference Analysis
16 Conclusion
17 Appendix
17.1 Methodology
17.2 Research Process and Data Source
17.3 Disclaimer
17.4 Note
17.5 Examples of Clients
17.6 Disclaimer
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