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