Product Code: ETC233784 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India briquette market import shipment demonstrated robust growth with a notable CAGR from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024. Despite this dip, the overall trend indicates a substantial expansion in the market over the years.
The India briquette market is a specialized segment within the country`s renewable energy and industrial sectors. Briquettes are compacted blocks of biomass or coal dust used as fuel substitutes for traditional fuels such as wood and charcoal. The market is driven by factors such as the focus on sustainable and eco-friendly energy solutions, government incentives promoting biomass energy, and the need for efficient and cleaner-burning fuels in various industries. The market includes manufacturers and suppliers offering a variety of briquettes made from different biomass materials, including sawdust, agricultural residues, and coal dust. Manufacturers focus on briquette quality, energy efficiency, and environmental compliance to support the shift toward renewable energy sources in India.
The India briquette market is influenced by several key drivers. Firstly, the increasing awareness of environmental sustainability and the need to reduce greenhouse gas emissions drive the demand for biomass briquettes. Biomass briquettes offer a cleaner and renewable alternative to traditional fuels, such as coal and firewood. Secondly, the rise of industrial and commercial applications of briquettes for heating and power generation contributes to the market`s expansion. The growing adoption of biomass briquettes in brick kilns, tea estates, and agro-industries further drives the market`s growth. Additionally, the government`s support for renewable energy sources and the promotion of biomass-based industries impact the market`s dynamics.
The India briquette market faces challenges due to the availability of alternative solid fuels and cooking methods. The need for creating awareness about the benefits of using briquettes for cooking and heating purposes is a challenge for manufacturers. Ensuring consistent quality and affordability of briquettes also poses a challenge in the market.
The India briquette market experienced mixed impacts during the pandemic. While the demand for briquettes for home heating increased with more people staying indoors, the demand for industrial briquettes reduced with the slowdown in manufacturing activities. The market is now witnessing a gradual recovery.
The India briquette market is served by companies producing and supplying briquettes made from various materials, including coal, biomass, and agricultural residues. Some key players include J.K. Bioenergy, Radhe Industrial Corporation, and Biomass Briquettes India. These companies offer briquettes as a clean and renewable fuel source for industrial and household use. Their emphasis on product quality, eco-friendly manufacturing processes, and customer-centric solutions have established them as key players in the briquette market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Briquette Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Briquette Market Revenues & Volume, 2021 & 2031F |
3.3 India Briquette Market - Industry Life Cycle |
3.4 India Briquette Market - Porter's Five Forces |
3.5 India Briquette Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Briquette Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Briquette Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 India Briquette Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of sustainable and eco-friendly fuel alternatives |
4.2.2 Government initiatives promoting the use of biomass briquettes for reducing carbon emissions |
4.2.3 Rising energy costs driving demand for cost-effective fuel solutions |
4.3 Market Restraints |
4.3.1 Lack of infrastructure for production and distribution of briquettes in remote areas |
4.3.2 Competition from traditional fuels like coal and wood |
4.3.3 Fluctuating prices of raw materials impacting the production cost of briquettes |
5 India Briquette Market Trends |
6 India Briquette Market, By Types |
6.1 India Briquette Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Briquette Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Briquette Market Revenues & Volume, By Spruce, 2021-2031F |
6.1.4 India Briquette Market Revenues & Volume, By Pine, 2021-2031F |
6.1.5 India Briquette Market Revenues & Volume, By Beech, 2021-2031F |
6.1.6 India Briquette Market Revenues & Volume, By Straw, 2021-2031F |
6.1.7 India Briquette Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Briquette Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Briquette Market Revenues & Volume, By Heating of Residential and Commercial Buildings, 2021-2031F |
6.2.3 India Briquette Market Revenues & Volume, By District Heating and Electricity Production, 2021-2031F |
6.3 India Briquette Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 India Briquette Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F |
6.3.3 India Briquette Market Revenues & Volume, By Food, 2021-2031F |
6.3.4 India Briquette Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.3.5 India Briquette Market Revenues & Volume, By Dye and Pigment, 2021-2031F |
6.3.6 India Briquette Market Revenues & Volume, By Paper Mills, 2021-2031F |
6.3.7 India Briquette Market Revenues & Volume, By Textile Industry, 2021-2031F |
7 India Briquette Market Import-Export Trade Statistics |
7.1 India Briquette Market Export to Major Countries |
7.2 India Briquette Market Imports from Major Countries |
8 India Briquette Market Key Performance Indicators |
8.1 Percentage of households using biomass briquettes as a fuel source |
8.2 Growth in the number of briquette manufacturing facilities |
8.3 Adoption rate of briquettes in industrial sectors |
8.4 Average cost savings achieved by switching to biomass briquettes |
8.5 Carbon emissions reduction attributed to the use of briquettes |
9 India Briquette Market - Opportunity Assessment |
9.1 India Briquette Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Briquette Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Briquette Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 India Briquette Market - Competitive Landscape |
10.1 India Briquette Market Revenue Share, By Companies, 2024 |
10.2 India Briquette Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |