Biomass Pellets Market Will Hit Dynamic Growth To Reach USD 18.59 Billion by 2033
What Are Biomass Pellets?
Biomass pellets are biofuels, generated from organic matter or biomass, such as wood waste and sawdust. These are made from waste materials including tree tops, coconut shells, palm kernel shells, and fruit bunches. When combusted, biomass pellets emit 80% less CO2 than coal and contain lower amounts of sulfur, chlorine, and nitrogen. According to the International Renewable Energy Agency (IRENA), wood pellets have an energy density of 11 gigajoules per m3, compared to 3 gigajoules per m3 for fresh wood and wood chips.
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