Wood Pellets Market Industry Size, Growth, Trends, Analysis and Forecast – 2027

Wood pellet is a solid fuel that is produced by crushing and densifying waste timber like sawdust, forestry residues, industrial byproducts like old paper and forestry wastes. The length is 1-2 cm and the diameter is generally 6, 8, 10, or 12mm. It is possible to produce 25mm wood pellet at maximum. In Sweden, 6mm wood pellet is encouraged to use in house as it can realize the best condition of combustion. Wood pellet production doesn't need to add binder as lignin, an element of wood, plays a role of binder and helps to pelletize when it is melted by heat.

Wood Pellets market size was estimated at USD 8.88 billion in 2019 and is expected to register a revenue-based CAGR of 9% over the forecast period.

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The following manufacturers are covered in this report:

• Enova Energy Group
• Aoke Ruifeng
• DEVOTION
• Dalin Biological
• Senon Renewable Energy
• Xirui New Energy
• Weige Bio-tech Energy

Wood Pellets Breakdown Data by Type

• Black Pellet
• White Pellet

Wood Pellets Breakdown Data by Application

• Thermal Energy (Heat)
• Power Generation

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Scope of the Report

The research study analyzes the global Wood Pellets industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Wood Pellets Market Report

1. What was the Wood Pellets Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Wood Pellets Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Wood Pellets Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.