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.
Europe is the biggest consumer for black pellets about 60% of the global total of black pellets in 2018. North America is the other key consumer of the black pellets market with the share of about 34% in 2018.

Market Analysis and Insights: Global Black Pellets Market
The global Black Pellets market is valued at US$ 180.1 million in 2019. The market size will reach US$ 496.1 million by the end of 2026, growing at a CAGR of 15.4% during 2021-2026.

Global Black Pellets Scope and Segment
Black Pellets market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Black Pellets market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Torrefaction
Steam Explosion (SE)
In 2018, torrefaction accounted for a major share of 61% the global black pellets market.

Segment by Application
Power Generation
Others
Power generation is the largest usage with the share of about 97%.

By Company
Zilkha Biomass Energy
New Biomass Energy
Bionet
Blackwood Technology
Arbaflame
Airex Energy
Bioebdev
ECN

Production by Region
North America
Europe

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E