North America expected to lead the Biomass Pellet market during the forecast period of 2022-2027
Growing public awareness of environmental aspects and a rise in demand for power energy consumption is expected to drive the market during the forecast period 2022-2027. According to TechSci Research report, " Biomass Pellet Market – Global Industry Size, Share, Trends, Opportunity, and Forecast. 2017–2027", the biomass pellet market is expected to witness robust growth during the forecast period, 2022-2027. A renewable energy source, biomass pellets like agricultural waste, may provide heat and electrical energy. The usage of renewable energy sources has become the new focus of industries as a result. In addition to being the primary source for creating thermal energy, biomass pellets are also the most significant source of acquiring electricity . The increase in the need for biomass-based power generation and conventional methods of power generation using fossil fuels is likely to drive the expansion of the biomass pellet market globally. By 2...