Global Wood-Pellets Market Growth 2019-2024
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.
The global average price of wood pellets went up in 2012-2014 but declined in 2014-2016, from about 172 $/MT in 2012 to 188 $/MT in 2014 and . And the price rose up in 2017.
North America (USA and Canada) is the biggest producer for wood pellets, and produced about 11.6 billion MT (more than 48% of the global total) of wood pellets in 2016. Europe is the other key producer of the wood pellets market with the share of about 33%. USA, Canada, Germany, Russia, Latvia, and China, etc. are other key country producers of the product, the five took up more than 70% of the market.
Europe and North America are the two largest consumption markets of wood pellets in the world in the past few years and it will keep the same position in the next years. Sales volume of the Europe took up about 58% the global market in 2016 while North America took up about 20%. And North America is the largest exporter of Wood pellets in the world at present. China is the third largest market in the report with a consumption share of about 8% in 2016. Other key markets are Korea, Japan, etc. which have the large potential demand.
According to this study, over the next five years the Wood-Pellets market will register a 6.9% CAGR in terms of revenue, the global market size will reach US$ 6150 million by 2024, from US$ 4120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Wood-Pellets business, shared in Chapter 3.
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.
This study considers the Wood-Pellets value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Black Pellet
White Pellet
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Thermal Energy (Heat)
Power Generation
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
German Pellets
Enviva
Pinnacle
Vyborgskaya Cellulose
Rentech
Innogy (RWE)
Graanul Invest Group
Green Circle Bio Energy
Zilkha Biomass Energy
Canfor
General Biofuels
BlueFire Renewables
Pacific BioEnergy
Protocol Energy
PFEIFER
Biomass Secure Power
Viridis Energy
Westervelt
New Biomass Holding
Energex
Lignetics
Equustock
Fram Renewable Fuels
Bear Mountain Forest Products
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Wood-Pellets consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Wood-Pellets market by identifying its various subsegments.
Focuses on the key global Wood-Pellets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wood-Pellets with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Wood-Pellets submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The global average price of wood pellets went up in 2012-2014 but declined in 2014-2016, from about 172 $/MT in 2012 to 188 $/MT in 2014 and . And the price rose up in 2017.
North America (USA and Canada) is the biggest producer for wood pellets, and produced about 11.6 billion MT (more than 48% of the global total) of wood pellets in 2016. Europe is the other key producer of the wood pellets market with the share of about 33%. USA, Canada, Germany, Russia, Latvia, and China, etc. are other key country producers of the product, the five took up more than 70% of the market.
Europe and North America are the two largest consumption markets of wood pellets in the world in the past few years and it will keep the same position in the next years. Sales volume of the Europe took up about 58% the global market in 2016 while North America took up about 20%. And North America is the largest exporter of Wood pellets in the world at present. China is the third largest market in the report with a consumption share of about 8% in 2016. Other key markets are Korea, Japan, etc. which have the large potential demand.
According to this study, over the next five years the Wood-Pellets market will register a 6.9% CAGR in terms of revenue, the global market size will reach US$ 6150 million by 2024, from US$ 4120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Wood-Pellets business, shared in Chapter 3.
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.
This study considers the Wood-Pellets value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Black Pellet
White Pellet
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Thermal Energy (Heat)
Power Generation
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
German Pellets
Enviva
Pinnacle
Vyborgskaya Cellulose
Rentech
Innogy (RWE)
Graanul Invest Group
Green Circle Bio Energy
Zilkha Biomass Energy
Canfor
General Biofuels
BlueFire Renewables
Pacific BioEnergy
Protocol Energy
PFEIFER
Biomass Secure Power
Viridis Energy
Westervelt
New Biomass Holding
Energex
Lignetics
Equustock
Fram Renewable Fuels
Bear Mountain Forest Products
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Wood-Pellets consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Wood-Pellets market by identifying its various subsegments.
Focuses on the key global Wood-Pellets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wood-Pellets with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Wood-Pellets submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
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