White Coal Global Market Report 2024

Description

White coal, also known as bio-coal or agro-coal, is a solid fuel derived from the conversion of agricultural waste or biomass into a high-energy density fuel source. This eco-friendly fuel is created by compacting biomass materials such as agricultural residues, wood chips, sawdust, and other organic waste into dense briquettes or blocks. Its production and utilization play a crucial role in reducing carbon emissions and mitigating the environmental consequences associated with the consumption of traditional coal.

The primary types of white coal include pyrolysis, hydrothermal carbonization, and other processes. Pyrolysis is a thermochemical decomposition method that entails heating organic materials such as biomass, plastics, or rubber in the absence of oxygen or with limited oxygen supply. This process encompasses various mining technologies such as surface mining and underground mining and finds applications in diverse sectors including ceramics, chemicals, food and beverage, textiles, power generation, among others.

The white coal market research report is one of a series of new reports from The Business Research Company that provides white coal market statistics, including white coal industry global market size, regional shares, competitors with a white coal market share, detailed white coal market segments, market trends and opportunities, and any further data you may need to thrive in the white coal industry. This white coal market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The white coal market size has grown strongly in recent years. It will grow from $2.87 billion in 2023 to $3.10 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth experienced during the historic period can be attributed to various factors including rural development initiatives, international agreements, fluctuations in fossil fuel prices, and the implementation of carbon pricing mechanisms and emission regulations.

The white coal market size is expected to see strong growth in the next few years. It will grow to $4.30 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The anticipated growth in the forecast period can be credited to several factors, including the implementation of renewable energy policies, international trade agreements, concerted efforts to mitigate climate change, and the effects of population growth and urbanization. Key trends expected during this period encompass a reduction in overall energy consumption, the adoption of efficient cylindrical bio-coal briquettes, and heightened concerns regarding cybersecurity.

The white coal market is anticipated to experience significant growth owing to the increasing demand for renewable energy sources. Renewable energy, sourced from naturally replenishing materials, is gaining traction due to environmental concerns and favorable economic conditions. White coal, derived from renewable biomass, presents a sustainable alternative to traditional coal. In October 2023, reports from the European Environment Agency indicated a rise in the share of renewable energy in the European Union to 22.5% in 2022, marking a 0.6% increase from 2021. This growth in renewable consumption, totaling 1.4 million metric tons of oil equivalent (Mtoe) between 2021 and 2022, underscores the momentum driving the white coal market forward.

Key players in the white coal market are devising innovative strategies to enhance supply-side bio-coal solutions, aiming to bolster production capacities and introduce new bio-coal products. For instance, in November 2022, SSGE Bio-Energy announced plans to supply bio-coal as an alternative energy source, derived from waste materials such as rice husks or peanut shells. This bio-coal boasts comparable energy value to traditional coal while significantly reducing carbon dioxide emissions by 2.5 metric tons per ton of bio-coal used. Moreover, the production process ensures minimal release of new carbon dioxide into the atmosphere, aligning with sustainability objectives and positioning bio-coal as an environmentally friendly fuel option.

In August 2022, In a strategic move to enhance its technological capabilities, Edge Autonomy, a US-based aerospace and defense firm, acquired Adaptive Energy. This acquisition, undisclosed in amount, is aimed at securing advanced power source technology for autonomous systems, potentially extending operational durations and fostering a competitive advantage. Adaptive Energy, a US-based manufacturer specializing in solid oxide fuel cells and white coal, represents a valuable addition to Edge Autonomy's portfolio, aligning with the company's objectives for technological advancement and market leadership.

Major companies operating in the white coal market are KKR Bio Fuels, Nexgen Energia, Vow ASA, CSC Bio-Coal Sdn Bhd, Vega Biofuels Inc, Balaji Agro Coal lndustries, NextCoal International Inc, VIGIDAS PACK, Global Bio-Coal Energy Inc, TorrCoal, Airex Energy Inc, SSGE Bio-Energy Company Ltd, Hind Bio Coal, BMK Woods LLC, JK Bio Energy, Ronak Agrotech Engineering, Radhe Engineering Co, Lehra Fuel Tech Pvt Ltd, Birquetting Machine Co, Green Fuel India, Eco Stan Ltd., Guru Nanak Agro Industries Inc., Biomass Briquette Systems LLC, Drax Group plc, White Energy Inc

North America was the largest region in the white coal market in 2023. The regions covered in the white coal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the white coal market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The white coal market consists of sales of biomass briquettes, wood pellets, torrefied biomass, biochar, charcoal briquettes, and raw materials. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Including: 1) By Type: Pyrolysis; Hydrothermal Carbonization
2) By Mining Technology: Surface Mining; Underground Mining
3) By Application: Ceramic; Chemical; Food And Beverage; Textile; Power
Covering: KKR Bio Fuels; Nexgen Energia; Vow ASA; CSC Bio-Coal Sdn Bhd; Vega Biofuels Inc.

Product Code: r17464

1. Executive Summary

2. White Coal Market Characteristics

3. White Coal Market Trends And Strategies

4. White Coal Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global White Coal Market Size and Growth

5.1. Global White Coal Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global White Coal Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global White Coal Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. White Coal Market Segmentation

6.1. Global White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Pyrolysis
Hydrothermal Carbonization
Other Types
6.2. Global White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Surface Mining
Underground Mining
6.3. Global White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Ceramic
Chemical
Food And Beverage
Textile
Power
Other Applications

7. White Coal Market Regional And Country Analysis

7.1. Global White Coal Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global White Coal Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific White Coal Market

8.1. Asia-Pacific White Coal Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China White Coal Market

9.1. China White Coal Market Overview
9.2. China White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India White Coal Market

10.1. India White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan White Coal Market

11.1. Japan White Coal Market Overview
11.2. Japan White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia White Coal Market

12.1. Australia White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia White Coal Market

13.1. Indonesia White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea White Coal Market

14.1. South Korea White Coal Market Overview
14.2. South Korea White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe White Coal Market

15.1. Western Europe White Coal Market Overview
15.2. Western Europe White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK White Coal Market

16.1. UK White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany White Coal Market

17.1. Germany White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France White Coal Market

18.1. France White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy White Coal Market

19.1. Italy White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain White Coal Market

20.1. Spain White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe White Coal Market

21.1. Eastern Europe White Coal Market Overview
21.2. Eastern Europe White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia White Coal Market

22.1. Russia White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America White Coal Market

23.1. North America White Coal Market Overview
23.2. North America White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA White Coal Market

24.1. USA White Coal Market Overview
24.2. USA White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada White Coal Market

25.1. Canada White Coal Market Overview
25.2. Canada White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America White Coal Market

26.1. South America White Coal Market Overview
26.2. South America White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil White Coal Market

27.1. Brazil White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East White Coal Market

28.1. Middle East White Coal Market Overview
28.2. Middle East White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa White Coal Market

29.1. Africa White Coal Market Overview
29.2. Africa White Coal Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa White Coal Market, Segmentation By Mining Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa White Coal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. White Coal Market Competitive Landscape And Company Profiles

30.1. White Coal Market Competitive Landscape
30.2. White Coal Market Company Profiles
- 30.2.1. KKR Bio Fuels
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Nexgen Energia
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Vow ASA
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. CSC Bio-Coal Sdn Bhd
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Vega Biofuels Inc
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. White Coal Market Other Major And Innovative Companies

31.1. Balaji Agro Coal industries
31.2. NextCoal International Inc
31.3. VIGIDAS PACK
31.4. Global Bio-Coal Energy Inc
31.5. TorrCoal
31.6. Airex Energy Inc
31.7. SSGE Bio-Energy Company Ltd
31.8. Hind Bio Coal
31.9. BMK Woods LLC
31.10. JK Bio Energy
31.11. Ronak Agrotech Engineering
31.12. Radhe Engineering Co
31.13. Lehra Fuel Tech Pvt Ltd
31.14. Birquetting Machine Co
31.15. Green Fuel India

32. Global White Coal Market Competitive Benchmarking

33. Global White Coal Market Competitive Dashboard

34. Key Mergers And Acquisitions In The White Coal Market

35. White Coal Market Future Outlook and Potential Analysis

35.1 White Coal Market In 2028 - Countries Offering Most New Opportunities
35.2 White Coal Market In 2028 - Segments Offering Most New Opportunities
35.3 White Coal Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer