The global woo pellet market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for energy and power generation, which in turn leads to an increase in the demand for woo pellets. The white pellet segment accounted for 98% of the total sales in 2018 and is expected to maintain its dominance throughout the forecast period. Power generation was the most widely used area which took up about 61% of global total sales in 2018. North America accounted for about 34% of global total sales in 2018 and is expected to maintain its dominance throughout Europe with a share of 27%. Asia Pacific region accounted for about 18% share of global total sales in 2018 and is expected to grow at a CAGR of 5%.
5a) In 2012, there was an increase in demand for wood pellets from Asia due to high prices for natural gas and oil.
5b) In 2013, there was an increase in demand for wood pellets from Europe due to high prices for natural gas and oil.
- Wood pellets are a renewable energy source that can be used to replace coal and other fossil fuels in power plants.
- The use of wood pellets is increasing as the price of natural gas increases, and as the environmental benefits of using wood pellets become more apparent.
- The use of wood pellets is also increasing because they are a cheaper alternative to coal, which has been on the rise since 2008 due to increased demand from China and India.
- Wood pellet production has increased by over 50% in Europe since 2000, with an increase in production capacity by over 100%.
Industry Growth Insights published a new data on “Wood-Pellets Market”. The research report is titled “Wood-Pellets Market research by Types (White Pellet, Black Pellet, White pellet is the most widely used type which takes up about 98% of the total sales in 2018.), By Applications (Power Generation, Industrial Furnace, Civil Use, Other, Power generation was the most widely used area which took up about 61% of the global total in 2018.), By Players/Companies 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, Jianghe Biomass Energy, Huinan Hongri”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood-Pellets Market Research Report
By Type
White Pellet, Black Pellet, White pellet is the most widely used type which takes up about 98% of the total sales in 2018.
By Application
Power Generation, Industrial Furnace, Civil Use, Other, Power generation was the most widely used area which took up about 61% of the global total in 2018.
By Companies
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, Jianghe Biomass Energy, Huinan Hongri
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Wood-Pellets Market Report Segments:
The global Wood-Pellets market is segmented on the basis of:
Types
White Pellet, Black Pellet, White pellet is the most widely used type which takes up about 98% of the total sales in 2018.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Generation, Industrial Furnace, Civil Use, Other, Power generation was the most widely used area which took up about 61% of the global total in 2018.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
- Jianghe Biomass Energy
- Huinan Hongri
Highlights of The Wood-Pellets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- White Pellet
- Black Pellet
- White pellet is the most widely used type which takes up about 98% of the total sales in 2018.
- By Application:
- Power Generation
- Industrial Furnace
- Civil Use
- Other
- Power generation was the most widely used area which took up about 61% of the global total in 2018.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wood-Pellets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wood pellets are a type of fuel made from sawdust, wood chips and water. They are burned in boilers or furnaces to produce heat, steam and power.
Some of the major players in the wood-pellets market are 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, Jianghe Biomass Energy, Huinan Hongri.
The wood-pellets market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wood-Pellets Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wood-Pellets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wood-Pellets Market - Supply Chain
4.5. Global Wood-Pellets Market Forecast
4.5.1. Wood-Pellets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wood-Pellets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wood-Pellets Market Absolute $ Opportunity
5. Global Wood-Pellets Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wood-Pellets Market Size and Volume Forecast by Type
5.3.1. White Pellet
5.3.2. Black Pellet
5.3.3. White pellet is the most widely used type which takes up about 98% of the total sales in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wood-Pellets Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wood-Pellets Market Size and Volume Forecast by Application
6.3.1. Power Generation
6.3.2. Industrial Furnace
6.3.3. Civil Use
6.3.4. Other
6.3.5. Power generation was the most widely used area which took up about 61% of the global total in 2018.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wood-Pellets Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wood-Pellets Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wood-Pellets Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wood-Pellets Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wood-Pellets Demand Share Forecast, 2019-2026
9. North America Wood-Pellets Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wood-Pellets Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wood-Pellets Market Size and Volume Forecast by Application
9.4.1. Power Generation
9.4.2. Industrial Furnace
9.4.3. Civil Use
9.4.4. Other
9.4.5. Power generation was the most widely used area which took up about 61% of the global total in 2018.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wood-Pellets Market Size and Volume Forecast by Type
9.7.1. White Pellet
9.7.2. Black Pellet
9.7.3. White pellet is the most widely used type which takes up about 98% of the total sales in 2018.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wood-Pellets Demand Share Forecast, 2019-2026
10. Latin America Wood-Pellets Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wood-Pellets Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wood-Pellets Market Size and Volume Forecast by Application
10.4.1. Power Generation
10.4.2. Industrial Furnace
10.4.3. Civil Use
10.4.4. Other
10.4.5. Power generation was the most widely used area which took up about 61% of the global total in 2018.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wood-Pellets Market Size and Volume Forecast by Type
10.7.1. White Pellet
10.7.2. Black Pellet
10.7.3. White pellet is the most widely used type which takes up about 98% of the total sales in 2018.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wood-Pellets Demand Share Forecast, 2019-2026
11. Europe Wood-Pellets Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wood-Pellets Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wood-Pellets Market Size and Volume Forecast by Application
11.4.1. Power Generation
11.4.2. Industrial Furnace
11.4.3. Civil Use
11.4.4. Other
11.4.5. Power generation was the most widely used area which took up about 61% of the global total in 2018.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wood-Pellets Market Size and Volume Forecast by Type
11.7.1. White Pellet
11.7.2. Black Pellet
11.7.3. White pellet is the most widely used type which takes up about 98% of the total sales in 2018.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wood-Pellets Demand Share, 2019-2026
12. Asia Pacific Wood-Pellets Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wood-Pellets Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wood-Pellets Market Size and Volume Forecast by Application
12.4.1. Power Generation
12.4.2. Industrial Furnace
12.4.3. Civil Use
12.4.4. Other
12.4.5. Power generation was the most widely used area which took up about 61% of the global total in 2018.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wood-Pellets Market Size and Volume Forecast by Type
12.7.1. White Pellet
12.7.2. Black Pellet
12.7.3. White pellet is the most widely used type which takes up about 98% of the total sales in 2018.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wood-Pellets Demand Share, 2019-2026
13. Middle East & Africa Wood-Pellets Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wood-Pellets Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wood-Pellets Market Size and Volume Forecast by Application
13.4.1. Power Generation
13.4.2. Industrial Furnace
13.4.3. Civil Use
13.4.4. Other
13.4.5. Power generation was the most widely used area which took up about 61% of the global total in 2018.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wood-Pellets Market Size and Volume Forecast by Type
13.7.1. White Pellet
13.7.2. Black Pellet
13.7.3. White pellet is the most widely used type which takes up about 98% of the total sales in 2018.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wood-Pellets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wood-Pellets Market: Market Share Analysis
14.2. Wood-Pellets Distributors and Customers
14.3. Wood-Pellets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Enviva
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pinnacle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vyborgskaya Cellulose
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rentech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Innogy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Graanul Invest Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zilkha Biomass Energy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Canfor
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. General Biofuels
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pacific BioEnergy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Protocol Energy
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PFEIFER
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Biomass Secure Power
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Viridis Energy
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Westervelt
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. BTH Quitman Hickory
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Energex
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Lignetics
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Equustock
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Fram Renewable Fuels
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
