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Global Wood Pellets Market Size, Share & Trends Analysis Report by Application (Heating, Power Generation), End-use (Residential, Industrial, Commercial), Region, and Segment Forecasts, 2024-2030

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  • 102 Pages
  • June 2024
  • Region: Global
  • Grand View Research
  • ID: 5010937
Description Jump to:
The global wood pellets market size is anticipated to reach USD 13.38 billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030. Since wood pellets form a clean, environmentally beneficial, sustainable, and renewable biomass, the rising global demand for renewable energy is driving the demand for product to reduce the usage of fossil fuels that contributes to global warming.

The applications of wood pellets in co-firing, cogeneration, and direct firing in coal-based power generation aid in reducing greenhouse gas emissions. Furthermore, the growing price of heating oil used in residential and commercial heating is projected to drive the market demand over the forecast period.

Raw materials used for manufacturing wood pellets include sawdust from sawmills and wood residues from timber processing companies. These materials are obtained at a low cost by the wood pellet manufacturers. In addition, urban wood waste, such as wood chips obtained by recycling residues and disposed of wooden pallets, is considered feedstock for manufacturing products. These raw materials are procured by manufacturers and transported to the production facilities using trucks.

Companies involved in manufacturing these pellets include Drax Biomass, Georgia Biomass, LLC, Energex, Vermont Wood Pellet Co., Singpellet Pte. Ltd., and Pinnacle Renewable Energy, Inc. Majority of the aforementioned companies have vertically integrated supply chains, wherein they are involved in harvesting raw materials, manufacturing product, and supplying them to power plants or residential applications.

Market entry is expected to be feasible through vertical integration, which includes wood products manufacturing companies investing in pelletization. The entry cost for new players is low; however, other factors, such as construction & start-up costs and exit costs, are high. Furthermore, high sunk costs and the need for expertise in the wood pellets market are expected to lower the threat of new entrants in the market.

The mode of transportation of products from manufacturers to traders is dependent on the distance. For instance, trucks and trains are used for transporting wood pellets over short and medium distances, respectively. Riverboats and barges are used to transport pellets through waterways for short distances, while ships are used to transport them over long distances. Wood pellets are distributed in small bags, big bags, and bulk materials through tankers and pneumatic filling of silos or storage bunkers. The problems that can arise due to moisture are also to be taken into consideration while planning the transportation of products.

Wood Pellets Market Report Highlights

  • Based on application, the heating industry, a huge potential market for pellets, is already showing some exciting advances in Eastern Europe and is expected to continually grow the demand for wood pellets in the commercial sector from 2024 to 2030. They can generate enormous amounts of potable or non-potable hot water for use in big central heating systems for providing process heat during a specific phase of a manufacturing procedure.
  • Based on end-use, the residential segment is anticipated to grow at a CAGR of 6.2% from 2024 to 2030, owing to the increasing usage of wood pellets in residential homes for efficient combustion in smaller stoves for heating and cooking as a result of the subsidies provided by the government.
  • In the North America, the wood pellets industry has witnessed remarkable growth in recent years, driven by increasing application majorly in the residential heating and power plants segments. The major markets for wood pellets manufactured in Canada include countries in Europe and Asia. In addition, these pellets have applications in residential heating in the U.S.
  • Key industry players are undertaking mergers and collaborations to expand their reach and increase production capacity, thereby advancing their market share. Additionally, prominent suppliers are focusing on research & development activities to reduce operational costs; maximize the efficiency of production and storage, and enhance the quality of products to maintain their position in the market.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook, 2023 (USD Million)
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Wood Pellets Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Regulatory Framework
3.4. Technological Overview
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Opportunities
3.6. Business Environmental Tools Analysis: Wood pellets market
3.6.1. Porter’s Five Forces Analysis
3.6.8.7. Bargaining Power of Suppliers
3.6.1.2. Bargaining Power of Buyers
3.6.1.3. Threat of Substitution
3.6.1.4. Threat of New Entrants
3.6.1.5. Competitive Rivalry
3.6.2. PESTLE Analysis
3.6.2.1. Political Landscape
3.6.2.2. Economic Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Environmental Landscape
3.6.2.6. Legal Landscape
3.7. Market Disruption Analysis
Chapter 4. Wood Pellets Market: Application Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Application movement analysis & market share, 2023 & 2030
4.3. Global wood pellets market by application, 2018-2030 (USD Million)
4.3.1. Heating
4.3.8.7. Wood pellets market estimates and forecasts, by heating, 2018-2030 (Kilotons) (USD Million)
4.3.2. Power Generation
4.3.2.1. Wood pellets market estimates and forecasts, by power generation, 2018-2030 (Kilotons) (USD Billion)
4.3.3. CHP
4.3.3.1. Wood pellets market estimates and forecasts, by CHP, 2018-2030 (Kilotons) (USD Million)
Chapter 5. Wood Pellets Market: End-use Estimates & Trend Analysis
5.1. Key Takeaways
5.2. End-use movement analysis & market share, 2023 & 2030
5.3. Global wood pellets market by end-use, 2018-2030 (USD Million)
5.3.1. Residential
5.3.8.7. Wood pellets market estimates and forecasts, by residential end use, 2018-2030 (Kilotons) (USD Million)
5.3.2. Commercial
5.3.2.1. Wood pellets market estimates and forecasts, by commercial end use, 2018-2030 (Kilotons) (USD Million)
5.3.3. Industrial
5.3.3.1. Wood pellets market estimates and forecasts, by industrial end use, 2018-2030 (Kilotons) (USD Million)
Chapter 6. Wood Pellets Market: Regional Estimates & Trend Analysis
6.1. Key Takeaways
6.2. Regional Market Share Analysis, 2023 & 2030
6.3. North America
6.3.1. North America Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.3.2. North America Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.3.3. North America Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.3.4. U.S.
6.3.4.1. U.S. Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.3.4.2. U.S. Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.3.4.3. U.S. Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.3.5. Canada
6.3.5.1. Canada Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.3.5.2. Canada Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.3.5.3. Canada Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.3.6. Mexico
6.3.6.1. Mexico Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.3.6.2. Mexico Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.3.6.3. Mexico Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.4. Europe
6.4.1. Europe Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.4.2. Europe Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.4.3. Europe Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.4.4. Germany
6.4.4.1. Germany Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.4.4.2. Germany Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.4.4.3. Germany Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.4.5. France
6.4.5.1. France Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.4.5.2. France Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.4.5.3. France Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.4.6. UK
6.4.6.1. UK Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.4.6.2. UK Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.4.6.3. UK Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.5. Asia Pacific
6.5.1. Asia Pacific Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.5.2. Asia Pacific Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.5.3. Asia Pacific Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.5.4. China
6.5.4.1. China Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.5.4.2. China Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.5.4.3. China Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.5.5. India
6.5.5.1. India Wood Pellets Market Estimates and Forecasts, 2018-2030 (India) (USD Million)
6.5.5.2. India Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.5.5.3. India Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.5.6. Japan
6.5.6.1. Japan Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.5.6.2. Japan Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.5.6.3. Japan Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.6. Central & South America
6.6.1. Central & South America Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.6.2. Central & South America Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.6.3. Central & South America Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.6.4. Brazil
6.6.4.1. Brazil Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.6.4.2. Brazil Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.6.4.3. Brazil Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.7. Middle East & Africa
6.7.1. Middle East & Africa Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.7.2. Middle East & Africa Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.7.3. Middle East & Africa Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
6.7.4. South Africa
6.7.4.1. South Africa Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
6.7.4.2. South Africa Wood Pellets Market Estimates and Forecasts, by Application, 2018-2030 (Kilotons) (USD Million)
6.7.4.3. South Africa Wood Pellets Market Estimates and Forecasts, by End Use, 2018-2030 (Kilotons) (USD Million)
Chapter 7. Wood Pellets Market Supplier Intelligence
7.1. Kraljic Matrix/Portfolio Analysis
7.2. Engagement Model
7.3. Negotiation Strategies
7.4. Sourcing Best Practices
7.5. Vendor Selection Criteria
7.6. List of Raw Material Suppliers
Chapter 8. Competitive Landscape
8.7. Key Players, their Recent Developments, and their Impact on Industry
8.2. Key Company/Competition Categorization
8.3. Company Market Position Analysis
8.4. Company Heat Map Analysis
8.5. Strategy Mapping
8.6. Company Listing
8.7.1. Drax Group Plc
8.7.8.7. Company Overview
8.7.1.2. Financial Performance
8.7.1.3. Product Benchmarking
8.7.1.4. Strategic Initiatives
8.7.2. SINGPELLET Pte. Ltd.
8.7.2.1. Company Overview
8.7.2.2. Financial Performance
8.7.2.3. Product Benchmarking
8.7.2.4. Strategic Initiatives
8.7.3. Enviva LP
8.7.3.1. Company Overview
8.7.3.2. Financial Performance
8.7.3.3. Product Benchmarking
8.7.3.4. Strategic Initiatives
8.7.4. Georgia Biomass, LLC
8.7.4.1. Company Overview
8.7.4.2. Financial Performance
8.7.4.3. Product Benchmarking
8.7.4.4. Strategic Initiatives
8.7.5. The Westervelt Company, Inc.
8.7.5.1. Company Overview
8.7.5.2. Financial Performance
8.7.5.3. Product Benchmarking
8.7.5.4. Strategic Initiatives
8.7.6. Pinnacle Renewable Energy Inc.
8.7.6.1. Company Overview
8.7.6.2. Financial Performance
8.7.6.3. Product Benchmarking
8.7.6.4. Strategic Initiatives
8.7.7. Energex
8.7.7.1. Company Overview
8.7.7.2. Financial Performance
8.7.7.3. Product Benchmarking
8.7.7.4. Strategic Initiatives
8.7.8. Wood Pellet Energy (UK) Ltd.
8.7.8.7. Company Overview
8.7.8.2. Financial Performance
8.7.8.3. Product Benchmarking
8.7.8.4. Strategic Initiatives
8.7.9. United Company
8.7.9.1. Company Overview
8.7.9.2. Financial Performance
8.7.9.3. Product Benchmarking
8.7.9.4. Strategic Initiatives
8.7.10. Groupe Savoie Inc.
8.7.10.1. Company Overview
8.7.10.2. Financial Performance
8.7.10.3. Product Benchmarking
8.7.10.4. Strategic Initiatives
8.7.11. Vermont Wood Pellet Co.
8.7.11.1. Company Overview
8.7.11.2. Financial Performance
8.7.11.3. Product Benchmarking
8.7.11.4. Strategic Initiatives
8.7.12. Pacific BioEnergy
8.7.12.1. Company Overview
8.7.12.2. Financial Performance
8.7.12.3. Product Benchmarking
8.7.12.4. Strategic Initiatives
8.7.13. Premium Pellet Ltd.
8.7.13.1. Company Overview
8.7.13.2. Financial Performance
8.7.13.3. Product Benchmarking
8.7.13.4. Strategic Initiatives
8.7.14. I.C.S. (Lacroix) Lumber Inc.
8.7.14.1. Company Overview
8.7.14.2. Financial Performance
8.7.14.3. Product Benchmarking
8.7.14.4. Strategic Initiatives
8.7.15. Lauzon Recycled Wood Energy
8.7.15.1. Company Overview
8.7.15.2. Financial Performance
8.7.15.3. Product Benchmarking
8.7.15.4. Strategic Initiatives
List of Tables
Table 1 Wood Pellets Market Estimates & Forecasts by Application, 2018-2030 (Kilotons)
Table 2 Wood Pellets Market Estimates & Forecasts by Application, 2018-2030 (USD Million)
Table 3 Wood Pellets Market Estimates & Forecasts by End Use, 2018-2030 (Kilotons)
Table 4 Wood Pellets Market Estimates & Forecasts by End Use, 2018-2030 (USD Million)
Table 5 Recent Developments & Impact Analysis, By Key Market Participants
Table 6 Company Heat Map Analysis, 2022
List of Figures
Figure 1 Information Procurement
Figure 2 Primary Research Patter
Figure 3 Primary Research Process
Figure 4 Market Research Approaches - Bottom-Up Approach
Figure 5 Market Research Approaches - Top-Down Approach
Figure 6 Market Research Approaches - Combined Approach
Figure 7 Wood Pellets Market Segmentation
Figure 8 Market Outlook
Figure 9 Segmental Outlook
Figure 10 Segmental Outlook
Figure 11 Competitive Outlook
Figure 12 Market Value Chain Analysis
Figure 13 Market Dynamics
Figure 14 Market Driver Impact Analysis
Figure 15 Market Restraint Impact Analysis
Figure 16 Industry Analysis - PORTERS
Figure 17 Industry Analysis - PESTEL
Figure 18 Application: Key Takeaways
Figure 19 Application: Market Share, 2022 & 2030
Figure 20 End Use: Key Takeaways
Figure 21 End Use: Market Share, 2022 & 2030
Figure 22 Wood pellets market estimates and forecasts, by heating, 2018-2030 (Kilotons) (USD Million)
Figure 23 Wood pellets market estimates and forecasts, by power generation, 2018-2030 (Kilotons) (USD Million)
Figure 24 Wood pellets market estimates and forecasts, by CHP, 2018-2030 (Kilotons) (USD Million)
Figure 25 Wood pellets market estimates and forecasts, by residential end use, 2018-2030 (Million Units) (USD Million)
Figure 26 Wood pellets market estimates and forecasts, by commercial end-use, 2018-2030 (Kilotons) (USD Million)
Figure 27 Wood pellets market estimates and forecasts, by industrial end-use, 2018-2030 (Kilotons) (USD Million)
Figure 28 North America Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 29 North America Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 30 North America Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 31 U.S. Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 32 U.S. Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 33 U.S. Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 34 Canada Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 35 Canada Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 36 Canada Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 37 Mexico Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 38 Mexico Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 39 Mexico Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 40 Europe Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 41 Europe Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 42 Europe Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 43 Germany Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 44 Germany Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 45 Germany Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 46 France Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 47 France Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 48 France Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 49 UK Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 50 UK Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 51 UK Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 52 Asia Pacific Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 53 Asia Pacific Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 54 Asia Pacific Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 55 China Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 56 China Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 57 China Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 58 India Wood Pellets Market Estimates and Forecasts, 2018-2030 (India) (USD Million)
Figure 59 India Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 60 India Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 61 Japan Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 62 Japan Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 63 Japan Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 64 Central & South America Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 65 Central & South America Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 66 Central & South America Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 67 Brazil Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 68 Brazil Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 69 Brazil Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 70 Middle East & Africa Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 71 Middle East & Africa Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 72 Middle East & Africa Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 73 South Africa Wood Pellets Market Estimates and Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 74 South Africa Wood Pellets Market Estimates and Forecasts, by application, 2018-2030 (Kilotons) (USD Million)
Figure 75 South Africa Wood Pellets Market Estimates and Forecasts, by end-use, 2018-2030 (Kilotons) (USD Million)
Figure 76 Competition Categorization
Figure 77 Company Market Positioning
Figure 78 Strategy Mapping, 2023

Companies Mentioned

  • Drax Group Plc
  • SINGPELLET Pte. Ltd.
  • Enviva LP
  • Georgia Biomass, LLC
  • The Westervelt Company, Inc.
  • Pinnacle Renewable Energy Inc.
  • Energex
  • Wood Pellet Energy (UK) Ltd.
  • United Company
  • Groupe Savoie Inc.
  • Vermont Wood Pellet Co.
  • Pacific BioEnergy
  • Premium Pellet Ltd.
  • I.C.S. (Lacroix) Lumber Inc.
  • Lauzon Recycled Wood Energy

Methodology

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Table Information

Report AttributeDetails
No. of Pages102
PublishedJune 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 8.91 Billion
Forecasted Market Value ( USD ) by 2030 $ 13.38 Billion
Compound Annual Growth Rate6.2%
Regions CoveredGlobal
No. of Companies Mentioned15

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About the Wood Fuel Market

The Wood Fuel market is a subset of the Wood and Wood Products industry. It involves the production and sale of wood-based fuels, such as firewood, charcoal, and wood pellets. Wood fuel is a renewable energy source that is used for heating, cooking, and other applications. It is often used in rural areas where access to other energy sources is limited. Wood fuel is produced from a variety of sources, including sawmill residues, logging residues, and wood waste. It is also produced from sustainably managed forests. The production of wood fuel is subject to regulations and standards, such as the European Union's Renewable Energy Directive. The Wood Fuel market is highly competitive, with a number of companies offering a range of products. These include wood pellet manufacturers, firewood suppliers, and charcoal producers. Companies in the market include Enviva, Drax, and Pfeifer Group. Show Less Read more

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