Biomass charcoal briquettes are a biofuel substitute. Briquettes are mostly used in the developing world where cooking fuels are not as easily available. Briquettes are used to heat industrial boilers in order to produce electricity from steam. Biomass charcoal briquettes are made from agriculture waste, wood chips, coconut shell waste saw dust, groundnut shell waste etc. are a replacement for fossils fuels such as oil or coal, and can be used to heat boiler in manufacturing plants. Biomass briquettes are a renewable source of energy and avoid adding fossils carbon to the atmosphere.
Biomass charcoal briquettes are widely used for any type of Thermal application like steam generation in boilers, heating purpose, drying process & gasification plant to replace existing conventional fuel like coal, wood & costly liquid fuel like FO, Diesel, LDO, Kerosene etc.
On the basis of type, the charcoal market, biomass charcoal is estimated to contribute the largest share, of more than 67.0%, to the market in 2017. Biomass charcoal burns quickly and produces a high amount of heat on burning. Owing to these properties, the demand for biomass charcoal is growing for barbecue cooking purposes. The global charcoal market is projected to reach $6,492.8 million by 2023.
The global biomass briquettes market is segmented into North America, Latin America, Western Europe, Eastern Europe, the Middle East and Africa, and Asia Pacific. Of these regions, Europe and North America are expected to be key regions for the growth of this market over the forecast tenure. The utilization of the biomass briquettes production technologies is high to convert their biomass into useful energy sources. Entrepreneurs who invest in this project will be successful.\
Few Indian major players are as under:
· Adsorbent Carbons Ltd.
· Birla Carbon India Pvt. Ltd.
· Carbon & Chemicals India Ltd.
· Continental Carbon India Ltd.
· Goodluck Carbon Pvt. Ltd.
· Murablack India Ltd.
· Phillips Carbon Black Ltd.
· Sun Petrochemicals Pvt. Ltd.
· Surendra Mining Inds. Pvt. Ltd.
· Utkal Moulders Ltd.