Press release
Wood Pellet Market Size to Reach USD 17.95 Billion by 2030, Growing at 7.13% CAGR | Rising Demand for bio-based energy sources
Wood Pellet Market Size & Trends | Mordor Intelligence
Wood Pellet Market is projected to grow steadily over the next five years, reflecting increasing global adoption of sustainable and renewable energy solutions. Valued at USD 12.72 billion in 2025, the market is expected to reach USD 17.95 billion by 2030, registering a compound annual growth rate (CAGR) of 7.13%.
Rising demand for eco-friendly heating systems, government incentives supporting renewable energy, and the shift toward biomass-based power generation are major factors fueling this growth. As both developed and emerging economies prioritize carbon reduction strategies, wood pellets are gaining traction as a reliable, cost-effective, and low-emission energy source across residential, commercial, and industrial applications.
Explore the full report for in-depth insights and market forecasts: https://www.mordorintelligence.com/industry-reports/wood-pellet-market?utm_source=openpr
Key Trends in the Wood Pellet Market
One of the most notable trends shaping the Wood Pellet Market Growth is the rising demand for renewable and bio-based energy sources. With governments worldwide setting ambitious decarbonization targets, wood pellets are increasingly being positioned as a sustainable fuel alternative for power generation and domestic heating.
Another important trend is the expansion of biomass-based power plants, particularly across Europe and Asia-Pacific. These regions are actively promoting bioenergy projects, and wood pellets play a central role due to their high calorific value and lower greenhouse gas emissions compared to coal.
The rising emphasis on waste-to-energy practices is also fueling market adoption. Manufacturers are leveraging sawdust, wood chips, and other by-products from the lumber and furniture industries to produce pellets, creating a circular economy model while reducing raw material waste.
Additionally, technological improvements in pellet production and handling equipment are enhancing efficiency and storage capabilities. This development is making pellets more accessible for small-scale consumers, such as households, as well as large-scale industrial users.
Stay ahead of the curve with global and localized reports-now available with detailed coverage of the Japanese market: https://www.mordorintelligence.com/ja/industry-reports/wood-pellet-market?utm_source=openpr
Market Segmentation of the Wood Pellet Market
By Application
Power Generation: A leading segment, driven by policies aimed at reducing coal dependency and encouraging renewable energy usage.
Residential Heating: Growing demand for heating systems that are affordable, sustainable, and easy to operate is expanding pellet consumption in households.
Commercial Heating: Hotels, hospitals, and public institutions are adopting wood pellets for cost savings and eco-friendly energy solutions.
Combined Heat and Power (CHP): Increasing deployment of biomass-based CHP plants boosts demand for wood pellets in industrial sectors.
Explore More on Competitive Landscape and Details: https://www.mordorintelligence.com/industry-reports/wood-pellet-market/companies?utm_source=openpr
Key Players in the Wood Pellet Market
The competitive landscape of the Wood Pellet Market Share is characterized by established global players and regional producers focusing on expanding their production capacities and export reach. Companies are investing in advanced processing technologies and building long-term supply contracts to secure market presence.
Major players in the industry include:
>Enviva Inc.
>Drax Group plc
>Lignetics
>Pinnacle Renewable Energy
>German Pellets GmbH
>Energex Pellet Fuel Inc.
>Stora Enso
These companies are actively engaged in partnerships, acquisitions, and sustainability initiatives to enhance their market positioning. Their strategies often involve scaling production facilities and ensuring a consistent supply chain to meet growing international demand, especially from European and Asian markets.
Explore details on Energy and Power Industry Research: https://www.mordorintelligence.com/market-analysis/energy-power?utm_source=openpr
Conclusion
The Wood Pellet Market is steadily advancing as a vital contributor to global renewable energy goals. Increasing environmental awareness, combined with supportive government regulations, is driving widespread adoption across residential, commercial, and industrial sectors. With Europe maintaining its position as the largest consumer and Asia-Pacific emerging as the fastest-growing market, opportunities are abundant for both established and new players.
Explore Related Reports:
Bunker Fuel Market: The Bunker Fuel Market report segments the industry into Fuel Type (High Sulfur Fuel Oil (HSFO), Very Low Sulfur Fuel Oil (VLSFO), Marine Gas Oil (MGO), Liquefied Natural Gas (LNG), Other Fuel Types), Vessel Type (Containers, Tankers, General Cargo, Bulk Carriers, Other Vessel Types), and Geography (North America, Europe, Asia-Pacific, South America, Middle-East and Africa).
Get Full Insights: https://www.mordorintelligence.com/industry-reports/bunker-fuel-market?utm_source=openpr
The Biomass Briquette Market Report is Segmented by Type (Agro Briquettes, Wood Briquettes, Torrefied Briquettes, and More), Raw Material (Sawdust, Rice Husk, Bagasse, Groundnut Shells, Coconut Husk and Shell, and More), Application (Power Generation, Industrial Process Heating, Commercial and Institutional Heating, and More), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa).
Get Full Insights: https://www.mordorintelligence.com/industry-reports/biomass-briquette-market?utm_source=openpr
The Organic Biogas Market Report is Segmented by Feedstock (Agricultural Residues, Animal Manure, Sewage Sludge, and More), Technology (Wet Anaerobic Digestion, and More), Plant Scale (Farm-Scale, Medium, and Utility-Scale), Application (Electricity Generation, Heat Only, Combined Heat and Power, and More), End-User Sector (Municipal Utilities, and More), and Geography (North America, Europe, Asia-Pacific, South America, and More).
Get Full Insights: https://www.mordorintelligence.com/industry-reports/organic-biogas-market?utm_source=openpr
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wood Pellet Market Size to Reach USD 17.95 Billion by 2030, Growing at 7.13% CAGR | Rising Demand for bio-based energy sources here
News-ID: 4200080 • Views: …
More Releases from Mordor Intelligence
Europe Neo Banking Market Size to Reach USD 7.05 Trillion by 2030 Driven by Digi …
Mordor Intelligence has published a new report on the Europe Neo Banking Market offering a comprehensive analysis of trends, growth drivers, and future projections.
Europe Neo Banking Market Outlook
The Europe Neo Banking Market is undergoing rapid transformation, with the market size estimated at USD 3.60 trillion in 2025 and forecast to expand to USD 7.05 trillion by 2030. This reflects a compound annual growth rate (CAGR) of…
Thermal Spray Coatings Market to Hit USD 11.22 Billion by 2030, Growing at 4.16% …
The latest research by Mordor Intelligence covers the "Thermal Spray Coatings Market," delivering insights into market dynamics, drivers of growth, and long-term forecasts.
The Thermal Spray Coatings Market is poised for steady growth over the forecast period, with its valuation expected to increase from USD 9.15 billion in 2025 to USD 11.22 billion by 2030 (CAGR of 4.16 %)
The market growth is underpinned by several forces: a shift away from chrome…
Satellite Communication Market Forecast to Reach USD 318.9 Billion by 2030, Driv …
The satellite communication market is entering a phase of strong growth, with the satellite communication market size expected to expand from about USD 200.3 billion in 2025 to USD 318.9 billion by 2030, growing at a CAGR of 9.76% during the forecast period (2025-2030).
This projection reflects steady demand across both commercial and government sectors, underpinned by evolving technologies and increased connectivity needs. The satellite communication market share is increasingly shifting…
Mental Health Apps Market to Reach USD 8.50 Billion by 2030, Driven by Rising St …
Mordor Intelligence has published a new report on the "Mental Health Apps Market" offering a comprehensive analysis of trends, growth drivers, and future projection
Introduction
The mental health apps market size is poised for strong growth in the coming years. In 2025, the market is estimated at approximately USD 8.50 billion, and it is expected to nearly double to about USD 18.49 billion by 2030 at a CAGR of 16.82%,…
More Releases for Pellet
Top Wood Pellet Machine Manufacturer at 2024 Wood Pellet and Bioenergy Safety Su …
The global shift towards sustainable energy sources has put biomass, particularly wood pellets, at the forefront of the renewable energy agenda. As demand for wood pellets escalates, so does the critical need for safe and efficient production. Industry events like the Wood Pellet and Bioenergy Safety Summit play a pivotal role in ensuring that growth doesn't come at the expense of safety. It's at such vital gatherings that top wood…
Global Wood Pellet Market Size and Growth Forecast: Types of Biomass, Pellet Man …
The global wood pellet market is experiencing significant growth, driven by the increasing demand for renewable energy sources and stringent government policies aimed at reducing carbon emissions. Valued at USD 14.0 billion in 2024, the market is projected to reach USD 22.6 billion by 2033, exhibiting a CAGR of 5.5% during the forecast period. Europe currently dominates the market, accounting for over 47.9% share in 2024, owing to its strong…
Wood Pellet Market
Wood Pellet Market has valued at US$ 11.80 Bn. in 2022. The Wood Pellet Market size is estimated to grow at a CAGR of 15% over the forecast period.
Wood Pellet Market Report Scope and Research Methodology
The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Wood Pellet industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand…
Biomass Pellet Machine and Pellet Mill Market Analysis,Demand,Trends and Forecas …
Global Info Research announces the release of the report "Global Biomass Pellet Machine and Pellet Mill Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands…
Industrial Dry Ice Pellet Manufacturer | ESG
ESG is a dry ice pellet manufacturer in Koreathat provides the appropriate and practical cleaning methods for the quick removal of foreign substances.
ESG has constantly sought to achieve client satisfaction in quality based on their considerable expertise and understanding in the dry cleaning field, as all of their team members devote themselves to undertaking continuous research and realizing innovation in tandem. They also vow to constantly try their best to…
Huge Demand of Environment-friendly Pellet Fuel Market by 2029 | Wood Pellet En …
- Environment-friendly Pellet Fuel Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share, and contact information are shared in this report…
