Global wood pellet market is projected to expand at a CAGR of 8.6% during the forecast period.
Wood pellet fuels are biofuels made of compressed organic matter like forest wood & waste, agriculture residue, energy crops, and different food waste. These have emerged as a substitution for coal and fossil fuel in varied industrial sectors, due to their low price and reduced carbon emission. Within the electricity generation sector, they’re co-fired in coal-based power plants to reduce carbon emission. Moreover, for residential heating, they are widely used in automatic stoves and boilers.
Easy availability of wood pellet fuel feedstock and low price of production have led to its higher consumption within the industrial sector. Rise in costs of fossil fuels and natural gas additionally fuels the market growth.
The Wood Pellets market is segmented on the lines of its feedstock, heating application, application and regional. The basis of feedstock the market is segmented into Forest Wood & Waste, Agriculture Residue and Others. Based on heating application the global Wood Pellets market covers Free Standing Pellet Stoves, Pellet Stove Inserts and Pellet Boilers. On the basis of application the market is segregated into Industrial Pellet for CHP/District Heating, Industrial Pellet for Co-firing, Pellet for Heating Residential & Commercial and Others. The Wood Pellets market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for selected countries such as the U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Andritz AG, Energex, Rentech, Inc, The Westervelt Company, Enito Singpellet Pte Ltd, F.E. Wood & Sons, Rentech, Inc, Allance Pellet Machinery, Enviva LP, Wood Pellet Energy Ltd and Pinnacle Renewable Energy Group are among the major players in the global Wood Pellets market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Wood Pellets Market has been segmented as below:
Wood Pellets Market, By Feedstock
Wood Pellets Market, By Heating Application
Wood Pellets Market, By Application
Wood Pellets Market, By Region
The report covers:
Report scope:
The scope of the report includes a detailed study of Wood Pellets market with the reasons given for variations in the growth of the industry in certain regions.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Andritz AG, Energex, Rentech, Inc, The Westervelt Company, Enito Singpellet Pte Ltd, F.E. Wood & Sons, Rentech, Inc, Allance Pellet Machinery, Enviva LP, Wood Pellet Energy Ltd and Pinnacle Renewable Energy Group. Company profile includes assigning such as company overview, product landscape, financial overview, and recent developments.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Driver 1
4.2.2. Driver 2
4.2.3. Driver 3
4.3. Restraints
4.3.1. Restraint 1
4.3.2. Restraint 2
4.4. Opportunities
4.4.1. Opportunity 1
4.4.2. Opportunity 2
4.5. Challenges
4.5.1. Challenge 1
4.5.2. Challenge 2
5. Wood Pellets Market, By Feedstock
5.1. Key Points
5.2. Forest Wood & Waste
5.3. Agriculture Residue
5.4. Others
6. Wood Pellets Market, By Heating Application
6.1. Key Points
6.2. Free Standing Pellet Stoves
6.3. Pellet Stove Inserts
6.4. Pellet Boilers
7. Wood Pellets Market, By Application
7.1. Key Points
7.2. Industrial Pellet for CHP/District Heating
7.3. Industrial Pellet for Co-firing
7.4. Pellet for Heating Residential & Commercial
7.5. Others
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profile
(OVERVIEW, KEY FINANCIALS, PRODUCT AND PRODUCT OFFERINGS, RELATED DEVELOPMENTS)
9.1. Andritz AG
9.2. Energex
9.3. Rentech, Inc.
9.4. The Westervelt Company
9.5. Enito Singpellet Pte Ltd.
9.6. F.E. Wood & Sons
9.7. Rentech, Inc.
9.8. Allance Pellet Machinery
9.9. Enviva LP, Wood Pellet Energy Ltd.
9.10. Pinnacle Renewable Energy Group
The Wood Pellets Market has been segmented as below:
Wood Pellets Market, By Feedstock
Wood Pellets Market, By Heating Application
Wood Pellets Market, By Application
Wood Pellets Market, By Region
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