Global Biomass Wood Pellets Fuel Market Growth 2023-2029
Wood pellets are made from dried and densified sawdust, shavings or wood powder. Pelletisation is currently the most economic and energy saving way to convert biomass into a fuel with high energy density and consistent quality. For this reason it is one of the fastest growing forms of upgraded biomass in Europe and worldwide.
The major application of wood pellets can be further divided into three markets – residential heating, commercial heating and power generation and heat generated from CHP.
LPI (LP Information)' newest research report, the “Biomass Wood Pellets Fuel Industry Forecast” looks at past sales and reviews total world Biomass Wood Pellets Fuel sales in 2022, providing a comprehensive analysis by region and market sector of projected Biomass Wood Pellets Fuel sales for 2023 through 2029. With Biomass Wood Pellets Fuel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomass Wood Pellets Fuel industry.
This Insight Report provides a comprehensive analysis of the global Biomass Wood Pellets Fuel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biomass Wood Pellets Fuel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biomass Wood Pellets Fuel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomass Wood Pellets Fuel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biomass Wood Pellets Fuel.
The global Biomass Wood Pellets Fuel market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Biomass Wood Pellets Fuel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Biomass Wood Pellets Fuel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Biomass Wood Pellets Fuel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Biomass Wood Pellets Fuel players cover Enviva, Drax Global, Pinnacle, An Viet Phat, Vyborgskaya Cellulose, Lignetics, Graanul Invest, Energex and Stora Enso, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Biomass Wood Pellets Fuel market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
≤ 0.5%
> 0.5%
Segmentation by application
Residential Heating
Commercial Heating
CHP
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Enviva
Drax Global
Pinnacle
An Viet Phat
Vyborgskaya Cellulose
Lignetics
Graanul Invest
Energex
Stora Enso
Pacific BioEnergy
Segezha Group
CM Biomass
Equustock
Forest Energy Corporation
Highland Pellets
Pfeifer Group
Bionet
,
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biomass Wood Pellets Fuel market?
What factors are driving Biomass Wood Pellets Fuel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biomass Wood Pellets Fuel market opportunities vary by end market size?
How does Biomass Wood Pellets Fuel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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