Press release
A Staggering 8.7% CAGR Projected for Wood Pellet Market During 2017-2027
The report also reveals that in 2016, approximately 37.5 million tons of wood pellets were sold across the globe. Increasing investments in new technologies & pelleting machines, coupled with higher demand for wood pellets in electricity generation, are some of the prominent trends influencing the growth of global wood pellets market during the forecast period. Apart from industrial co-firing, the market is also expected to witness higher traction in end-use offerings such as use of pellets in residential & commercial heating and industrial pellet end-use in CHP/district heating.
Request For Report Sample@https://www.futuremarketinsights.com/reports/sample/rep-gb-484
Wood Pellet Market: Key Drivers
According to the report, increasing consumption of wood pellets is triggered by promotion of reusing agricultural produce or forest wood in industrial processes. North America’s climate change concerns is compelling the region’s wood pellet manufacturers towards resource & feedstock optimisation. Meanwhile, wood pellets are successfully replacing fossil fuels such as charcoal in specific heating applications. The report reveals that 1 ton of wood pellets have the potential to provide raw thermal energy equivalent to that of 2.8 barrels of crude oil.
In future, wood pellets are also expected to be in great demand for their low carbon emission properties, compared to fossil fuels. However, the market’s robust growth is likely to be restrained by inability of pellet manufacturers in fulfilling certification criteria, and the gradual reduction in sawmill residue caused by technological intervention in sawing industries. Electricity generation, however, is observed as a lucrative opportunity for boosting the use of wood pellets.
Western Europe – Lucrative Region for Growth of Wood Pellets Market
The report also reveals that in 2017 and beyond, around 70% of the global market sales will be concentrated in Western Europe. Although, towards the end of 2027, Western Europe’s market share is poised to witness a dip, while Eastern Europe, Japan and Asia-Pacific excluding Japan (APEJ) regions will witness a significant rise in their market share. Some of the key excerpts of the report include:
Throughout the forecast period, over half of the market’s value will be accounted by forest & wood waste feedstock
In 2016, an estimated 8.6 million tons of wood pellets were consumed by free standing pellet stove application
Request For Report Table of Content (TOC): https://www.futuremarketinsights.com/askus/rep-gb-484
The global market for wood pellets is also expected to witness sizeable growth in terms of volume, registering a CAGR of 8.5% through 2027
The report also enlists & profiles leading players in the global wood pellets market, and they include Drax Biomass Inc, Rentech, Inc, Enviva Partners, LP, German Pellets GmbH, Viridis Energy Inc, AS Graanul Invest, Pinnacle Renewable Energy Inc, Lignetics Of Idaho, Inc, Zilkha Biomass Energy, LLC, Land Energy Girvan Limited, Colombo Energy Inc, Premium Pellet Ltd, ECARE, Fram Renewable Fuels, Agon Biomass, Pellet power, Blue Sky Biomass, Bio Eneco Sdn Bhd, Schellinger & Co Mühlenwerke, Snow Timber Pellets LLC.
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
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 A Staggering 8.7% CAGR Projected for Wood Pellet Market During 2017-2027 here
News-ID: 918487 • Views: …
More Releases from Future Market Insights
Blueberry Ingredient Market Set to Soar with 6.27% Growth in the USA by 2035
The blueberry ingredient industry has firmly established itself as a cornerstone of the functional foods, nutraceuticals, and natural flavoring sectors. Analysts project the market valuation to reach approximately USD 2.8 billion by 2025, with a robust CAGR of 6.5% forecasted from 2025 to 2035. This growth is being fueled by the escalating demand for clean-label products, plant-based formulations, and functional solutions across the food, beverage, and cosmetic industries.
Click Here for…
Activated Cake Emulsifier Market Set for 6.27% Growth in the USA, Poised to Tran …
The activated cake emulsifier market is entering a transformative phase, driven by evolving consumer preferences toward premium, high-quality bakery products. Estimated to reach USD 1,343.2 million in 2025, the market is projected to achieve USD 2,360.5 million by 2035, representing a robust 5.8% CAGR over the next decade. This growth offers a strategic opportunity for manufacturers to meet rising consumer demands while future-proofing operations through innovation, regional customization, and sustainability.
Click…
AI in Fraud Management Market to Reach USD 80.0 Billion by 2035 Amid Rapid Techn …
The global AI in fraud management market is experiencing unprecedented growth, reflecting the critical need for advanced technologies to combat increasingly sophisticated digital fraud. Valued at USD 14.7 billion in 2025, the market is projected to expand to USD 80 billion by 2035, registering a robust 18.5% CAGR. This surge is being fueled by the rapid proliferation of online transactions, mobile banking, e-commerce, and other digital platforms that have amplified…
Foaming Agents Market to Surpass USD 12,801.6 Million by 2035 Amid Rising Demand …
The global foaming agents market is poised for remarkable growth over the next decade, with revenues projected to rise from USD 6,203.2 million in 2025 to USD 12,801.6 million by 2035, reflecting a robust CAGR of 7.5%. This growth is being driven by consumer demand for gentler cleansing systems, expanding premium personal care products, and wider application in both mass-market and professional formulations.
The expansion of foaming agents highlights a broader…
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…
