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The regulations for GHG emissions and the use of bioenergy in heating systems will trigger the wood fuels market growth during the forecast period. The US EPA has been developing common-sense regulatory initiatives for reducing emissions and improving efficiency in emission reduction. In addition, the US EPA has also been supporting the use of CHP due to its cost-effective reduction in GHG emissions and improved fuel efficiency. Some governments are also imposing mandatory obligations and incentives including grants, subsidies, and energy taxes, which, in turn, have increased the share of wood fuels market during the forecast period. The analysts have predicted that the wood fuels market will register a CAGR of nearly 9% by 2023.
Market Overview
Increasing the use of biomass fuels
One of the growth drivers of the global wood fuels market is the increasing use of biomass fuels. The increasing adoption of biomass fuel across the globe for power generation will support the growth of the global wood fuels market.
Challenges associated with CHP plants
One of the challenges in the growth of the global wood fuels market is the challenges associated with CHP plants. The challenges associated with the development of CHP plants restrict the growth of the market during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the wood fuels market during 2019-2023, view the report.
Competitive Landscape
The market appears to be highly fragmented with the presence of several market players. Organization is focusing on developing top-quality products in minimal time at a low price to remain competitive in the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Market Overview
Increasing the use of biomass fuels
One of the growth drivers of the global wood fuels market is the increasing use of biomass fuels. The increasing adoption of biomass fuel across the globe for power generation will support the growth of the global wood fuels market.
Challenges associated with CHP plants
One of the challenges in the growth of the global wood fuels market is the challenges associated with CHP plants. The challenges associated with the development of CHP plants restrict the growth of the market during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the wood fuels market during 2019-2023, view the report.
Competitive Landscape
The market appears to be highly fragmented with the presence of several market players. Organization is focusing on developing top-quality products in minimal time at a low price to remain competitive in the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
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Global Wood Fuels Market 2019-2023
The analyst recognizes the following companies as the key players in the global wood fuels market: Drax Group plc, Enviva Partners, LP, Fram Fuels, Oji Forest & Products Co., Ltd., and Pinnacle Renewable Energy Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rising popularity of distributed energy generation.”
According to the report, one of the major drivers for this market is the increasing use of biomass fuels.
Further, the report states that one of the major factors hindering the growth of this market is the challenges associated with CHP plants.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The analyst recognizes the following companies as the key players in the global wood fuels market: Drax Group plc, Enviva Partners, LP, Fram Fuels, Oji Forest & Products Co., Ltd., and Pinnacle Renewable Energy Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rising popularity of distributed energy generation.”
According to the report, one of the major drivers for this market is the increasing use of biomass fuels.
Further, the report states that one of the major factors hindering the growth of this market is the challenges associated with CHP plants.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Drax Group plc
- Enviva Partners, LP
- Fram Fuels
- Oji Forest & Products Co.,Ltd.
- Pinnacle Renewable Energy Inc.
Note: Product cover images may vary from those shown