Wood-Pellets Market Insights by Growth, Emerging Trends and Forecast by 2032

The global wood pellets market size was estimated at USD 8.23 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030.

Analytics Market Research has added a new key research reports covering Wood-Pellets market. The study aims to provide global investors with a game-changing decision making tool covering key fundamentals of the Wood-Pellets market. The research report will include total global revenues in the market with historical analysis, key figures including total revenues, total sales, key products, instrumental drivers, and challenges. The report data is derived from extensive primary and secondary information sources with a reliable in-depth overview of the Wood-Pellets market. The research report relies on global governing bodies as primary sources of data, with independent analysis of the forecast, and objective estimations of the growth.

The Wood-Pellets research report will also study market share for major stakeholders in their global capacity as transformers of the global scale. This qualitative and quantitative analysis will include key product offerings, key differentiators, revenue share, market size, market status, and strategies. The report will also cover key agreements, collaborations, and global partnership soon to change dynamics of the market on a global scale.

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Waste wood is compressed and densified to create wood pellets, a reliable environmentally friendly fuel. Compressed organic matter or biomass is used to create wood pellets, a type of biofuel. High combustion efficiency can be achieved by burning wood pellets, which are made with a low moisture content (below 10%), are exceptionally dense, and have a low moisture content.

They demonstrate a number of advantages, including boosting soil fertility and health, preserving water, controlling weeds, preventing or reducing soil erosion, promoting the establishment of natural seeds, and preserving soil moisture. They are also environmentally friendly, renewable, and affordable for heating homes. Wood pellets are utilised for horse bedding in addition to being used for heating and generating electricity.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

It is anticipated that rising consumer demand for recyclable and environmentally friendly energy sources will promote market revenue expansion. This is explained by the fact that, in comparison to other fossil fuels, these pellets emit less carbon. Due to the increase in the number of power plants around the world, it is anticipated that the demand for wood pellets used to fuel power plants for the production of electricity would present considerable growth potential. Wood ash is applied to the soil as a fertiliser. Additionally, the preference for wood pellets as a source of energy generation and for heating in the residential sector around the world is rising, which supports the expansion of the wood pellets market.

Direct exposure to wood dust, which is created during the production process, might, however, result in serious health problems, such as allergic reactions and skin irritations, which would impede the expansion of the target market. Additionally, the market's expansion is anticipated to be hampered by a lack of product knowledge in developing countries, price instability brought on by changes in the cost of raw materials, which are impacted by weather, and shifting regulatory standards controlling wood production. The high price of a wood pellet stove is another obstacle to the expansion of the wood pellet business.

Market Segmentation
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Wood-Pellets manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Wood-Pellets market covering all its essential aspects.

Global Wood-Pellets Market: Segmentations

Global Wood-Pellets Market: By Key Players
Enviva
Pinnacle
Vyborgskaya Cellulose
Rentech
Innogy
Graanul Invest Group
Zilkha Biomass Energy
Canfor
General Biofuels
Pacific BioEnergy
Protocol Energy
PFEIFER
Biomass Secure Power
Viridis Energy
Westervelt
BTH Quitman Hickory
Energex
Lignetics
Equustock
Fram Renewable Fuels
RusForest
Neova
Drax Biomass International
Enova Energy Group
Aoke Ruifeng
DEVOTION
Dalin Biological
Senon Renewable Energy
Xirui New Energy
Weige Bio-tech Energy
Jianghe Biomass Energy
Huinan Hongri

Global Wood-Pellets Market: By Types
White Pellet
Black Pellet

Global Wood-Pellets Market: By Applications
Power Generation
Industrial Furnace
Civil Use

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Global Wood-Pellets Market: Regional Analysis
The countries covered in the regional analysis of the Global Wood-Pellets market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:

• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.

• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.

• Porter's Five Force Model and SWOT analysis are used to study the global Wood-Pellets market and would help stakeholders make strategic decisions.

• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.

• In-depth analysis of the types of Wood-Pellets would help in identifying future applications in this market.

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