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What is the market prospect of granular fuel?

The prospects are good.

1. Environmental protection requirements: Biomass pellet fuel is a kind of renewable energy, with low carbon dioxide emission and little environmental pollution during its combustion. With the improvement of environmental awareness and the strengthening of environmental laws and regulations, biomass pellet fuel, as a clean energy source, has attracted the attention of the government and enterprises, and the market demand has gradually increased.

2. Energy substitution demand: Biomass granular fuel can replace traditional fossil fuels, such as coal and oil, and can be used for power generation, heating and industrial production. With the increase of energy demand and concern for energy security, biomass pellet fuel, as a sustainable energy substitute, has broad market potential.

3. Policy support: The government has increased its support for biomass pellet fuel in the energy field, and encouraged the production and use of biomass pellet fuel by formulating relevant policies and regulations, providing financial subsidies and tax incentives. These policy measures provide a good policy environment for the development of biomass pellet fuel market.