March 9, 2020

Wood Pellets Market 2020 Industry Size, Global Growth Analysis, Share, Trends, Segments and 2026 Forecast

The global Wood Pellets market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global Wood Pellets market includes by Type (Ash Content 7% and Below, Ash Content More Than 7% , Others), by Application (Electricity Generation, Heat Generation, Combined Heat and Power (CHP), Others), by End Use Industry (Industrial , Residential), and by Region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

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Wood Pellets are made from compacted saw dust and related industrial waste from the milling of lumber and dried wood chips that are heated and compressed. Wood Pellets are renewable energy sources.
Due to increasing awareness about renewable energy sources, Wood Pellets are in rising demand as an alternative way of producing electricity and heat. Eco-friendly, easy availability of feedstock and cost-effective fuel options are some prominent factors that are driving the growth in global Wood Pellets market. Burning wood pellets to produce electricity is on rise in Europe hence it can affect the market of Wood Pellets. However, during storage Wood Pellets emit toxic compounds such as carbon monoxide which are observed to have a hazardous effect on health & environment. Wood pellets storage is also associated with a threat of dust explosion, which has been observed as a matter of concern among the stakeholders in the global wood pellets market.

The global Wood Pellets market is primarily segmented by type, application, end use industry, and region.

On the basis of Type, the market is split into:
* Ash Content 7% and Below
* Ash Content More Than 7%
On the basis of Grade, the market is split into:
* Premium
* Standard
* Industrial
Based on Application, the market is divided into:
* Electricity Generation
* Heat Generation
* Combined Heat and Power (CHP)
* Others

Based on the End Use Industry, the market is segmented into:
* Industrial
* Residential
* Commercial
* Others

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Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* AGRO FUEL HUB
* Eco Biofuel
* Svenska Cellulose Aktiebolaget SCA (publ)
* K.P.BIOCOAL
* Supreme Industries
* JP GREEN FUELS
* KUSHAL TIMBER PRIVATE LIMITED
* Drax Group plc.
* Enviva LP
* F.E. Wood and Sons
* German Pellets GmbH
* Georgia Biomass, LLC
* The Westervelt Company
* Pinnacle Renewable Energy Group
* Energex
* Enito Singpellet Pte Ltd
* The Westervelt Company, Inc.
* Pinnacle Renewable Energy Inc.
* Wood Pellet Energy (UK) LTD.

These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their operations across the globe.
Key Benefits of the Report:
* Global, regional, country, product Type, End Use Industry, and Application market size and their forecast from 2014-2025
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on Key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, product Types, End Use Industries, and Application s with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of Wood Pellets

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Target Audience:
* Wood Pellets manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes