Global Torrefied Wood Pellet Market Growth 2025-2031

The global Torrefied Wood Pellet market size is predicted to grow from US$ 832 million in 2025 to US$ 1585 million in 2031; it is expected to grow at a CAGR of 11.3% from 2025 to 2031.

Torrefied Wood Pellet is a type of biomass fuel created by torrefying, or thermally treating, wood under low oxygen conditions. This process increases the energy density, hydrophobicity, and durability of the pellets, making them an ideal substitute for coal in power plants and other high-energy applications. Torrefied wood pellets are valued for their ability to reduce greenhouse gas emissions and provide a cleaner energy solution.

United States market for Torrefied Wood Pellet is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Torrefied Wood Pellet is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Torrefied Wood Pellet is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Torrefied Wood Pellet players cover Enviva, Gitxsan Forest Inc., Innogy, Zilkha Biomass Energy, Blackwood Technology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Torrefied Wood Pellet Industry Forecast” looks at past sales and reviews total world Torrefied Wood Pellet sales in 2024, providing a comprehensive analysis by region and market sector of projected Torrefied Wood Pellet sales for 2025 through 2031. With Torrefied Wood Pellet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Torrefied Wood Pellet industry.

This Insight Report provides a comprehensive analysis of the global Torrefied Wood Pellet 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 Torrefied Wood Pellet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Torrefied Wood Pellet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Torrefied Wood Pellet 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 Torrefied Wood Pellet.

This report presents a comprehensive overview, market shares, and growth opportunities of Torrefied Wood Pellet market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
White Pellet
Black Pellet
Others

Segmentation by Application:
Industrial Heating
Power Generation
Others

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 analysing the company's coverage, product portfolio, its market penetration.
Enviva
Gitxsan Forest Inc.
Innogy
Zilkha Biomass Energy
Blackwood Technology
Boreal

Key Questions Addressed in this Report

What is the 10-year outlook for the global Torrefied Wood Pellet market?

What factors are driving Torrefied Wood Pellet market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Torrefied Wood Pellet market opportunities vary by end market size?

How does Torrefied Wood Pellet break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.