Global Wood Pellet Market Forecasts From 2020 To 2025
DESCRIPTION Global Wood Pellet market was valued at US$10.491 billion in 2019 and is
expected to grow at a CAGR of 14.47% over the forecast period to reach a total market size of US$23.604 billion in 2025. Wood pellets are renewable energy carriers. These are produced from sawdust or other ground woody materials. According to international standards, product requirements for energy density, moisture, abrasion resistance, particle size, and shape for wood pellets are defined, turning wood pellets into a commodity. As such, standardized wood pellets offer promising properties for large scale production. With rising production of wood pellets, there has been a significant rise in trade flows of wood pellets across the globe. There are different applications of wood pellets which are boosting their demand worldwide.
Some Key Questions Answered By The Report
▪What will be Global Wood Pellet Market from 2020 to 2025? ▪How are the major drivers and restraints affecting the Global Wood Pellet Market. ▪Growth and the opportunities which exist for key vendors? ▪Which segment and region will drive or lead the market growth and why?
Rising Demand Which Impact On Market Growth Wood pellets have emerged as a viable and promising renewable energy source as a replacement of coal, especially in Europe and North America. The pellet market has been witnessing a tremendous growth worldwide from the past few years with increasing demand for both industrial
application in large scale power plants and small scale application in residential heating systems.The market for wood pellets is gaining a remarkable traction since they have low carbon footprints. As such, growing concerns regarding environmental sustainability across the globe is the
major factor behind the growing demand for wood pellets which is driving the global market growth.
Geography
North America
•
United States
•
Canada
•
Mexico
•
Others
South America
•
Brazil
•
Argentina
•
Others
GEOGRAPHY Europe
Germany
France
Italy
United Kingdom
Others
Middle East and Africa
Israel
Saudi Arabia
UAE
Others
Asia Pacific
Japan
China
India
Others
SEGMENT ANALYSIS
We have included all segments of this market in market research report.
The Global Wood Pellet market has been segmented on the basis of application, end-use and geography.
For complete segment information visit us
https://www.knowledge-sourcing.com/report/global-wood-pellet-market
CONCLUSION
ď‚Ą Major players in the Global Wood Pellet market have been covered along with
their relative competitive position and strategies. ď‚Ą The report also mentions recent deals and investments of different market
players over the last year. ď‚Ą The company profiles section details the business overview, financial
performance for the past three years, key products and services being offered along with the recent developments of these important players in the Global Wood Pellet market.
COMPANY PROFILES German Pellets GmbH Pinnacle Renewable Energy Inc Energex Enviva LP Wood & Sons Drax Group plc AS Graanul Invest AVPGroup Lignetics Canfor Stora Enso Svenska Cellulosa Aktiebolaget SCA (publ) The Brookridge Group PIVETEAUBOIS
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