Briquetting Machines Market Revenue was valued at USD 550 Million in 2024 and is estimated to reach USD 1.2 Billion by 2033, growing at a CAGR of 9.2% from 2026 to 2033.
In 2022, the global briquetting machines market was valued at approximately USD 500 million and is projected to grow at a compound annual growth rate (CAGR) of 7.2%, reaching USD 1 billion by 2033. The Asia Pacific region led the market, accounting for around 40% of the global share, driven by the high availability of agricultural and forestry waste in countries like India and China, along with supportive government policies promoting renewable energy and sustainability. North America held a 25% share, with growth fueled by increasing investments in renewable energy infrastructure and stringent environmental regulations. Europe captured 20% of the market, emphasizing carbon emission reductions and sustainable energy adoption. Latin America and the Middle East & Africa accounted for 10% and 5% of the market, respectively, with growth influenced by the gradual adoption of renewable energy practices and the need to diversify energy sources. The market presents significant opportunities, particularly in regions abundant in biomass resources and supportive of renewable energy initiatives. The Asia Pacific region is expected to maintain its dominance, with a projected CAGR of 7.2%, as countries like India and China continue to invest in renewable energy projects and waste management practices. North America and Europe are anticipated to experience steady growth, with projected CAGRs of 6.5% and 6.8%, respectively, driven by ongoing environmental regulations and the adoption of sustainable technologies. Latin America and the Middle East & Africa are projected to grow at CAGRs of 5.9% and 5.7%, respectively, as these regions increasingly focus on sustainable development and energy diversification. The rising awareness of climate change and the depletion of fossil fuels are accelerating the adoption of briquetting technology worldwide, providing lucrative opportunities for market expansion.
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WEIMA
Metso Corporation
Ruf GmbH & Co. KG
Advance Hydrau-Tech Pvt. Ltd.
CO.MA.FER MACCHINE Srl
C.F. NIELSEN
PRODECO S.r.l.
IMABE Iberica
Jay Khodiyar Group
Ronak Agrotech Engineering Pvt. Ltd.
Radhe Industrial Corporation
SMS Group GmbH
LEHRA FUEL TECH PVT LTD
Fote Heavy Machinery Co.
Ltd.
Gensco Equipment
JK Bioenergy
AGICO Group
Maxton Industrial Co.
Ltd
ATM Recycling Systems
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Briquetting Machines Market
Mechanical Briquetting Machines
Hydraulic Briquetting Machines
Pneumatic Briquetting Machines
Other Types
Wood Biomass
Agricultural Residues
Industrial Waste
Carbonized Biomass
Other Feedstock Materials
Energy and Power Plants
Charcoal Manufacturers
Paper and Pulp Industry
Food Processing Industry
Others (Construction, Chemical, etc.)
Small Scale (Up to 500 kg/h)
Medium Scale (500 kg/h to 1500 kg/h)
Large Scale (Above 1500 kg/h)
Manual Briquetting Machines
Semi-Automatic Briquetting Machines
Fully Automatic Briquetting Machines
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Briquetting Machines Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Briquetting Machines Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Briquetting Machines Market, By Type
6. Global Briquetting Machines Market, By Application
7. Global Briquetting Machines Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Briquetting Machines Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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