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A Summary of the Briquetting Machine Market Developments (2023 to 2033)

As per Future Market Insights, the briquetting machine market is anticipated to attain a value pool of US$ 500 million by 2023-end. Global demand for briquetting machines is expected to rise at a CAGR of 7.2% to US$ 1 billion in 2033.

Data Points Key Statistics
Expected Market Value in 2023 US$ 500 million
Projected Market Value in 2033 US$ 1 billion
Growth Rate (2023 to 2033) 7.2% CAGR

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Fuelling the Future: The Growing Need for Alternative Energy Sources

  • Growth in the agriculture and forestry sectors: The agriculture and forestry sectors generate a significant amount of waste materials, such as straw, sawdust, and bark, which can be converted into briquettes for use as fuel and feedstock. The growth of these industries has driven the demand for briquetting machines.
  • Increasing demand for alternative fuels: The rising cost of fossil fuels and the need to reduce greenhouse gas emissions has led to a growing demand for alternative fuels, such as biomass briquettes. This trend has driven the demand for briquetting machines.
  • Technological advancements: The development of advanced briquetting machines, such as hydraulic and screw briquetting machines, with higher efficiency, productivity, and automation has increased the demand for these machines in various industries.

The Online Frontier: E-commerce Opportunities for the Briquetting Machine Market

  • Expansion into new industries: Briquetting machines can be used in a wide range of industries, such as agriculture, forestry, food processing, and waste management. There is an opportunity to expand the market by developing briquetting machines tailored to the specific needs of these industries.
  • Leveraging e-commerce and online marketplaces: With the increasing trend of online shopping and the convenience it provides, there is an opportunity to leverage e-commerce platforms and online marketplaces to reach a wider customer base and increase sales.
  • Customization and personalization: In the Briquetting Machine Market, customization and personalization have emerged as the dollar opportunity. With increasing demand for sustainable and eco-friendly fuel alternatives, the need for customized briquetting machines has risen. Customers are seeking customized briquetting machines that cater to their specific requirements and production capacities. Personalization of briquetting machines helps customers save time, energy, and money while increasing efficiency and productivity. Customized and personalized machines also provide greater control over the quality and consistency of the briquettes produced, which is important for industries such as biomass, agriculture, and mining. Overall, customization and personalization have become critical factors for businesses looking to stay competitive in the Briquetting Machine Market.
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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The Rise of Smart Briquetting: IoT and Automation in the Briquetting Machine Market

  • Adoption of automation and IoT: The trend towards automation and the Internet of Things (IoT) is influencing the development of advanced briquetting machines with features such as remote monitoring, real-time data analysis, and automated processes to improve efficiency, productivity, and quality.
  • Use of advanced materials and components: The use of advanced materials and components, such as high-strength alloys and durable wear-resistant coatings, is increasing the durability, reliability, and performance of briquetting machines.
  • Increasing demand for energy-efficient machines: The trend towards energy efficiency and sustainability is driving the demand for briquetting machines that use renewable energy sources, such as solar and biomass, and have lower energy consumption and emissions.
  • Development of integrated solutions: The trend towards integrated solutions is driving the development of briquetting machines that can be integrated with other equipment, such as drying and grinding systems, to provide a complete solution for waste management and fuel production.
  • Growing focus on safety and compliance: With the increasing focus on safety and compliance in the workplace, there is a trend towards developing briquetting machines that meet safety standards and regulations, such as CE and UL, to ensure safe operation and reduce the risk of accidents.

The market is expected to be primarily driven by renewable energy sector. With increasing use of biomass energy to reuse the organic and metal residual from agriculture and other industries, the forecast seems optimistic for the market.

What is Driving Demand for Briquetting Machine?

Briquetting Machines are used to convert waste (agriculture, metal, paper and others) powder into a regular-shaped block. According to Gemco Energy the biomass briquettes, such as wood briquettes, saw dust briquettes or charcoal briquettes, made by the device, is widely used both in industry and civil scale for heating as a substitute of conventional fossil fuel - coal in particular. Biomass briquettes can be made from wood, sawdust, crop straw, grass, civil waste and animal waste.

The demand for the briquetting machine has also been driven by governmental policies and incentives. As the governments in both developed and developing countries are focusing on increasing the use of renewable energy, and because biomass is one of the most prominent renewable energy types, the market for this machines is expected to expand at a rapid pace during the forecast period.

Additionally, Growing air pollution and environmental protection has grown concerns across the globe. The growing percentage of carbon monoxide, carbon dioxide, and other harmful gases in the environment is the prime reason for global warming, owing to which international as well as federal organization are encouraging use of environmental safe techniques for energy generation.

Therefore, environmental concerns have pushed the need for the device to meet growing demand.

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What Factor is Hampering the Briquetting Machine Market?

According to Food and Agriculture Organization of United States, market for briquettes in terms of quality of combustion, do not offer any significant advantages that might persuade consumers to spend money on new machines.

The briquettes made from this machines are neither very convenient nor smoke-free; in contrast to electricity or LPG, both fuels for which consumers have shown themselves ready to switch to respective machines. Furthermore, high initial cost coupled with high maintenance cost are some of the factors which are going to hamper the market.

Asia Pacific Market Growth Outlook

The Asia Pacific region is expected to be a key player in the briquetting machine market, thanks to rising demand for biomass briquettes coupled with metal briquetting from industrial as well as agriculture sector. Additionally, government attempts in the region to adopt renewable energy sources, in countries like China, India, and Japan are likely to see considerable development in the briquetting machine market.

Furthermore, government controls on waste management and alternative energy sources such as biomass briquettes are becoming more stringent, which is further yielding the market.

Europe Demand Potential for Briquetting Machine

European Countries such as NORDICS and EU-5 are working extensively to increase the use of renewable for energy production and also biomass is one of the prominent source of renewable energy in the region. In agriculture, maze is among few crops which has seen significant growth in the recent past.

Maize is utilized for a variety of purposes, including food and animal feed. As a result, the waste that remains can readily be employed as a raw material in the production of briquettes.

Additionally, as fuel prices are expected to rise in the future, briquettes are a low-cost, high-density burner that can generate a lot of heat. Europe is also producing wood biomass briquettes from forestry waste or other trash left over from furniture manufacture, and they are importing the raw materials to make the briquettes, owing to which sales of briquetting machines are increasing in the region.

Who are the Key Manufacturers and Suppliers of Briquetting Machine ?

Some of the leading manufacturers of include

  • C.F. Nielsen
  • RUF
  • GURU KIRPA
  • E.P MACHINERY
  • GEMCO Energy
  • Jay Khodiyar
  • WEIMA Maschinenbau GmbH
  • MaxTon Industrial Co.
  • Yuken Europe Ltd and others

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Segments

By Type:

  • Screw type
  • Hydraulic type
  • Piston type
  • Roller Type

By Automation:

  • Automatic
  • Semi-automatic
  • Manual

By Power Source:

  • Electric
  • Fuel

By End Use:

  • Residential
  • Commercial
  • Industrial

By Region:

  • North America
    • USA
    • Canada
  • Latin America
    • Brazil
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Spain
    • BENELUX
    • Russia
    • Nordics
  • East Asia
  • China
  • Japan
  • South Korea
  • South Asia & Pacific
    • India
    • ASEAN Countries
    • Oceania
  • Middle East and Africa
    • GCC Countries
    • Turkey
    • North Africa
    • South Africa

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