Wood-Pellets Market

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 Market contains market size and forecasts of Wood-Pellets in global, including the following market information:

Global Wood-Pellets Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Wood-Pellets Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Wood-Pellets companies in 2021 (%)

The global Wood-Pellets market was valued at 6050.1 million in 2021 and is projected to reach US$ 9000.1 million by 2028, at a CAGR of 5.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

White Pellet Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Wood-Pellets include Enviva, Pinnacle, Vyborgskaya Cellulose, Rentech, Innogy, Graanul Invest Group, Zilkha Biomass Energy, Canfor and General Biofuels, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Wood-Pellets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Wood-Pellets Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Wood-Pellets Market Segment Percentages, by Type, 2021 (%)

White Pellet

Black Pellet

Global Wood-Pellets Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Wood-Pellets Market Segment Percentages, by Application, 2021 (%)

Power Generation

Industrial Furnace

Civil Use

Others

Global Wood-Pellets Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Wood-Pellets Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Wood-Pellets revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Wood-Pellets revenues share in global market, 2021 (%)

Key companies Wood-Pellets sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Wood-Pellets sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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