Global Wood-Pellets Market Growth 2025-2031

The global Wood-Pellets market size is predicted to grow from US$ 6469 million in 2025 to US$ 9349 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.

Wood pellet is a solid fuel that is produced by crushing and densifying waste timber like sawdust, forestry residues, industrial byproducts like old paper and forestry wastes. The length is 1-2 cm and the diameter is generally 6, 8, 10, or 12mm. It is possible to produce 25mm wood pellet at maximum. In Sweden, 6mm wood pellet is encouraged to use in house as it can realize the best condition of combustion. Wood pellet production doesn"t need to add binder as lignin, an element of wood, plays a role of binder and helps to pelletize when it is melted by heat.

Wood-Pellets are mainly classified into the following types: white pellet and black pellet. White pellet is the most widely used type which takes up about 97% of the total sales, while the black pellet has a fast growing speed.

Wood-Pellets have wide range of applications, such as power generation, industrial furnace, civil use etc. And power generation was the most widely used area which took up about 61% of the global total.

Europe is the largest consumer of Wood-Pellets in the world. Europe market took up about 57% the global market, while North America and China were about 21%, 8%.

Enviva, Pinnacle, Graanul Invest Group, Drax Biomass International, Vyborgskaya Cellulose and Lignetics, etc. are the key suppliers in the global Wood-Pellets market. Top 5 took up about 32% of the global market.

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

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

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

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

Segmentation by Type:
White Pellet
Black Pellet

Segmentation by Application:
Power Generation
Industrial Furnace
Civil Use
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
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

Key Questions Addressed in this Report

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

What factors are driving Wood-Pellets market growth, globally and by region?

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

How do Wood-Pellets market opportunities vary by end market size?

How does Wood-Pellets break out by Type, by Application?

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