![Wood Pellet Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Application [Residential Heating, Commercial Heating, Combined Heat and Power (CHP), and Power Generation]- Product Image](http://www.researchandmarkets.com/product_images/12138/12138846_500px_jpg/wood_pellet_market.jpg)
The wood pellet market was valued at US$ 9,630.99 million in 2020 and is projected to reach US$ 23,892.77 million by 2028; it is expected to grow at a CAGR of 12.1% from 2021 to 2028.
Wood pellets are produced using finely ground wood bark; they are majorly used as fuel. These are extensively used in residential houses for efficient burning in smaller stoves. Wood pellets are produced from numerous wood waste products and are considered a source of renewable energy. Currently, along with residential heating, there is increased use of wood pellets for power generation across the globe. These are largely utilized globally as a fuel, which is expected to increase the demand for wood pellets in the coming years. Europe is the leading region for the consumption of wood pellets for power generation. Moreover, North America is the significant exporter of wood pellets, which is expected to increase the production facilities of wood pellets in the coming years.
Based on application, the wood pellet market is segmented into residential heating, commercial heating, CHP (combined heat and power), and power generation. The residential heating segment led the wood pellet market with the highest market share in 2020. Wood-fueled systems are commonly used worldwide for residential heating, and recently wood pellets have been replacing traditional firewood. Wood pellet boilers for residential heating applications promise low emissions, high efficiency, and automatic operation. Wood pellets are used for residential heating in pellet stoves. They are also used in pellet boilers to generate heat, steam, and electricity in the service industry, power generation, and manufacturing. It is used for power generation and heat generation in the manufacturing and energy sectors, which is driving the wood pellet market. Since the cost of wood pellets remained cheaper than that of other fuels for a long time, it has become a more economical option, addressing the primary concern of the residential sector. As a renewable energy source, wood pellets received incentives and subsidies from the governments in many countries. In recent years, many countries either launched or updated their policies and schemes related to wood pellets for heating applications.
In 2020, Europe contributed to the largest share in the global market. An annual report filed with the USDA Foreign Agricultural Service’s Global Agriculture Information Network represents that the wood pellet market in Europe has been relatively unaffected by the COVID-19 pandemic. As per the report, the region consumed ~29 million metric tons of wood pellets in 2018, which makes it the world’s largest pellet market. Wood pellets are used in residential applications for heating purposes and industrial heat and power generation. The report further states that the region contributes ~30% of world pellet production currently. However, it accounts for the major consumption of wood pellets across the globe. Italy, Germany, and other such countries are considered as the major growth markets for consuming wood pellets in residential heating applications. The UK is one of the major consumers of wood pellets, followed by Italy and Denmark.
Pacific BioEnergy, Premium Pellet Ltd., Pinnacle Renewable Energy, Enviva, Andritz, Wood & Sons, Graanul Invest, New England Wood Pellet, Tanac, and Energex Pellet Fuel, Inc. are among the major players operating in the wood pellet market.
The overall global wood pellet market size has been derived in accordance with both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the global wood pellet market.
Reasons to Buy
Based on application, the wood pellet market is segmented into residential heating, commercial heating, CHP (combined heat and power), and power generation. The residential heating segment led the wood pellet market with the highest market share in 2020. Wood-fueled systems are commonly used worldwide for residential heating, and recently wood pellets have been replacing traditional firewood. Wood pellet boilers for residential heating applications promise low emissions, high efficiency, and automatic operation. Wood pellets are used for residential heating in pellet stoves. They are also used in pellet boilers to generate heat, steam, and electricity in the service industry, power generation, and manufacturing. It is used for power generation and heat generation in the manufacturing and energy sectors, which is driving the wood pellet market. Since the cost of wood pellets remained cheaper than that of other fuels for a long time, it has become a more economical option, addressing the primary concern of the residential sector. As a renewable energy source, wood pellets received incentives and subsidies from the governments in many countries. In recent years, many countries either launched or updated their policies and schemes related to wood pellets for heating applications.
In 2020, Europe contributed to the largest share in the global market. An annual report filed with the USDA Foreign Agricultural Service’s Global Agriculture Information Network represents that the wood pellet market in Europe has been relatively unaffected by the COVID-19 pandemic. As per the report, the region consumed ~29 million metric tons of wood pellets in 2018, which makes it the world’s largest pellet market. Wood pellets are used in residential applications for heating purposes and industrial heat and power generation. The report further states that the region contributes ~30% of world pellet production currently. However, it accounts for the major consumption of wood pellets across the globe. Italy, Germany, and other such countries are considered as the major growth markets for consuming wood pellets in residential heating applications. The UK is one of the major consumers of wood pellets, followed by Italy and Denmark.
Pacific BioEnergy, Premium Pellet Ltd., Pinnacle Renewable Energy, Enviva, Andritz, Wood & Sons, Graanul Invest, New England Wood Pellet, Tanac, and Energex Pellet Fuel, Inc. are among the major players operating in the wood pellet market.
The overall global wood pellet market size has been derived in accordance with both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the global wood pellet market.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global wood pellet market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Table of Contents
1. Introduction1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Wood Pellet Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Intensity of Competitive Rivalry
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. Wood Pellet Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Awareness About Use of Renewable Energy Sources
5.1.2 Expanding Demand for Wood Pellets from Europe
5.2 Market Restraints
5.2.1 Mandatory Compliances and Operational Challenges Associated with Wood Pellet
5.3 Market Opportunities
5.3.1 Rising Demand for Wood Pellets from Power Generation Industry
5.4 Future Trends
5.4.1 Significant Investment in Research and Expansion
5.5 Impact Analysis of Drivers and Restraints
6. Wood Pellet - Global Market Analysis
6.1 Wood Pellet Market Overview
6.2 Wood Pellet Market -Revenue and Forecast to 2028 (USD Million)
6.3 Market Positioning - Global Market Players
7. Wood Pellet Market Analysis - By Application
7.1 Overview
7.2 Wood Pellet Market, By Application (2020 and 2028)
7.3 Residential Heating
7.3.1 Overview
7.3.2 Residential Heating: Wood Pellet Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Commercial Heating
7.4.1 Overview
7.4.2 Commercial Heating: Wood Pellet Market - Revenue and Forecast to 2028 (US$ Million)
7.5 CHP (Combined Heat and Power)
7.5.1 Overview
7.5.2 CHP (Combined Heat and Power): Wood Pellet Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Power Generation
7.6.1 Overview
7.6.2 Power Generation: Wood Pellet Market - Revenue and Forecast to 2028 (US$ Million)
8. Global Wood Pellet Market - Geographic Analysis
8.1 Overview
8.2 North America Wood Pellet Market Revenue and Forecasts To 2028
8.2.1 North America Wood pellet Market Revenue and Forecast to 2028 (US$ Mn)
8.2.2 North America Wood pellet Market Breakdown, by Application
8.2.3 North America Wood pellet Market Breakdown, by Country
8.2.3.1 US Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.2.3.1.1 US Wood pellet Market Breakdown, by Application
8.2.3.2 Canada Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.2.3.2.1 Canada Wood pellet Market Breakdown, by Application
8.2.3.3 Mexico Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.2.3.3.1 Mexico Wood pellet Market Breakdown, by Application
8.3 Europe Wood pellet Market Revenue And Forecasts To 2028
8.3.1 Europe Wood pellet Market Revenue and Forecast to 2028 (US$ Mn)
8.3.2 Europe Wood pellet Market Breakdown, by Application
8.3.3 Europe Wood pellet Market Breakdown, by Country
8.3.3.1 Germany Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.3.3.1.1 Germany Wood pellet Market Breakdown, by Application
8.3.3.2 France Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.3.3.2.1 France Wood pellet Market Breakdown, by Application
8.3.3.3 United Kingdom Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.3.3.3.1 United Kingdom Wood pellet Market Breakdown, by Application
8.3.3.4 Italy Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.3.3.4.1 Italy Wood pellet Market Breakdown, by Application
8.3.3.5 Russia Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.3.3.5.1 Russia Wood pellet Market Breakdown, by Application
8.3.3.6 Rest of Europe Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.3.3.6.1 Rest of Europe Wood pellet Market Breakdown, by Application
8.4 Asia Pacific Wood pellet Market Revenue And Forecasts To 2028
8.4.1 Asia Pacific Wood pellet Market Revenue and Forecast to 2028 (US$ Mn)
8.4.2 Asia Pacific Wood pellet Market Breakdown, by Application
8.4.3 Asia Pacific Wood pellet Market Breakdown, by Country
8.4.3.1 Australia Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.4.3.1.1 Australia Wood pellet Market Breakdown, by Application
8.4.3.2 China Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.4.3.2.1 China Wood pellet Market Breakdown, by Application
8.4.3.3 Japan Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.4.3.3.1 Japan Wood pellet Market Breakdown, by Application
8.4.3.4 India Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.4.3.4.1 India Wood pellet Market Breakdown, by Application
8.4.3.5 South Korea Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.4.3.5.1 South Korea Wood pellet Market Breakdown, by Application
8.4.3.6 Rest of Asia Pacific Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.4.3.6.1 Rest of Asia Pacific Wood pellet Market Breakdown, by Application
8.5 Middle East and Africa Wood pellet Market Revenue And Forecasts To 2028
8.5.1 Middle East and Africa Wood pellet Market Revenue and Forecast to 2028 (US$ Mn)
8.5.2 Middle East and Africa Wood pellet Market Breakdown, by Application
8.5.3 Middle East and Africa Wood pellet Market Breakdown, by Country
8.5.3.1 South Africa Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.5.3.1.1 South Africa Wood pellet Market Breakdown, by Application
8.5.3.2 Saudi Arabia Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.5.3.2.1 Saudi Arabia Wood pellet Market Breakdown, by Application
8.5.3.3 UAE Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.5.3.3.1 UAE Wood pellet Market Breakdown, by Application
8.5.3.4 Rest of Middle East and Africa Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.5.3.4.1 Rest of Middle East and Africa Wood pellet Market Breakdown, by Application
8.6 South America Wood pellet Market Revenue And Forecasts To 2028
8.6.1 South America Wood pellet Market Revenue and Forecast to 2028 (US$ Mn)
8.6.2 South America Wood pellet Market Breakdown, by Application
8.6.3 South America Wood pellet Market Breakdown, by Country
8.6.3.1 Brazil Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.6.3.1.1 Brazil Wood pellet Market Breakdown, by Application
8.6.3.2 Argentina Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.6.3.2.1 Argentina Wood pellet Market Breakdown, by Application
8.6.3.3 Rest of South America Wood pellet Market Revenue and Forecast to 2028 (US$ MN)
8.6.3.3.1 Rest of South America Wood pellet Market Breakdown, by Application
9. Overview - Impact of COVID-19
9.1 List of Top 10 Economies Affected by COVID-19 Pandemic
9.2 Impact of COVID-19 on Wood Pellet Market
9.3 North America: Impact Assessment of COVID-19 Pandemic
9.4 Europe: Impact Assessment of COVID-19 Pandemic
9.5 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
9.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
9.7 South and Central America: Impact Assessment of COVID-19 Pandemic
10. Company Profiles
10.1 ANDRITZ
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Energex Pellet Fuel, Inc.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Enviva Lp
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 New England Wood Pellet
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Pacific Bioenergy
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Pinnacle Renewable Energy Inc
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Premium Pellet Ltd.
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Graanul Invest
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Wood & Sons
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 TANAC
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About the Publisher
11.2 Glossary of TermsList of Tables
Table 1. Wood Pellet Market -Revenue and Forecast to 2028 (USD Million)
Table 2. North America Wood pellet Market Revenue And Forecasts To 2028 - By Application (USD Million)
Table 3. US Wood pellet Market Revenue And Forecasts To 2028 - By Application (USD Million)
Table 4. Canada Wood pellet Market Revenue And Forecasts To 2028 - By Product (USD Million)
Table 5. Mexico Wood pellet Market Revenue And Forecasts To 2028 - By Application (USD Million)
Table 6. Europe Wood pellet Market Revenue And Forecasts To 2028 - By Application (USD Million)
Table 7. Germany Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 8. France Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 9. United Kingdom Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 10. Italy Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 11. Russia Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 12. Rest of Europe Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 13. Asia Pacific Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 14. Australia Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 15. China Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 16. Japan Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 17. India Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 18. South Korea Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 19. Rest of Asia Pacific Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 20. Middle East and Africa Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 21. South Africa Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 22. Saudi Arabia Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 23. UAE Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 24. Rest of Middle East and Africa Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 25. South America Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 26. Brazil Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 27. Argentina Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 28. Rest of South America Wood pellet Market Revenue And Forecasts To 2028 - By Application (US$ Mn)
Table 29. Glossary of Terms, Wood Pellet MarketList of Figures
Figure 1. Wood Pellet Market Segmentation
Figure 2. Wood Pellet Market Segmentation - By Geography
Figure 3. Global Wood Pellet Market Overview
Figure 4. Residential Heating Segment Held Largest Share of Global Wood Pellet Market
Figure 5. Europe Region Held Largest Share of Global Wood Pellet Market
Figure 6. Global Wood Pellet Market, Key Market Players
Figure 7. Porter ‘s Five Forces Analysis for Wood Pellets Market
Figure 8. Expert Opinion
Figure 1. Wood Pellets Market - Ecosystem Analysis
Figure 2. Wood Pellet Market Impact Analysis of Drivers and Restraints
Figure 3. Geographic Overview of Wood Pellet Market
Figure 4. Global: Wood Pellet Market - Revenue and Forecast to 2028 (USD Million)
Figure 5. Wood Pellet Market Revenue Share, By Application (2020 and 2028)
Figure 6. Residential Heating: Wood Pellet Market - Revenue and Forecast To 2028 (US$ Million)
Figure 7. Commercial Heating: Wood Pellet Market - Revenue and Forecast To 2028 (US$ Million)
Figure 8. CHP (Combined Heat and Power): Wood Pellet Market - Revenue and Forecast To 2028 (US$ Million)
Figure 9. Power Generation: Wood Pellet Market - Revenue and Forecast To 2028 (US$ Million)
Figure 10. Wood pellet Market Breakdown, by Region, 2020 & 2028 (%)
Figure 11. North America Wood pellet Market Revenue And Forecasts To 2028 (US$ Mn)
Figure 12. North America Wood pellet Market Breakdown, By Application, 2020 & 2028 (%)
Figure 13. North America Wood pellet Market Breakdown, by Country, 2020 & 2028(%)
Figure 14. US Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 15. Canada Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 16. Mexico Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 17. Europe Wood pellet Market Revenue And Forecasts To 2028 (US$ Mn)
Figure 18. Europe Wood pellet Market Breakdown, By Application, 2020 & 2028 (%)
Figure 19. Europe Wood pellet Market Breakdown, by Country, 2020 & 2028 (%)
Figure 20. Germany Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 21. France Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 22. United Kingdom Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 23. Italy Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 24. Russia Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 25. Rest Of Europe Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 26. Asia Pacific Wood pellet Market Revenue And Forecasts To 2028 (US$ Mn)
Figure 27. Asia Pacific Wood pellet Market Breakdown, By Application, 2020 & 2028 (%)
Figure 28. Asia Pacific Wood pellet Market Breakdown, by Country, 2020 & 2028(%)
Figure 29. Australia Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 30. China Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 31. Japan Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 32. India Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 33. South Korea Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 34. Rest Of Asia Pacific Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 35. Middle East and Africa Wood pellet Market Revenue And Forecasts To 2028 (US$ Mn)
Figure 36. Middle East and Africa Wood pellet Market Breakdown, By Application, 2020 & 2028 (%)
Figure 37. Middle East and Africa Wood pellet Market Breakdown, by Country, 2020 & 2028(%)
Figure 38. South Africa Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 39. Saudi Arabia Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 40. UAE Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 41. Rest of Middle East and Africa Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 42. South America Wood pellet Market Revenue And Forecasts To 2028 (US$ Mn)
Figure 43. South America Wood pellet Market Breakdown, By Application, 2020 & 2028 (%)
Figure 44. South America Wood pellet Market Breakdown, by Country, 2020 & 2028(%)
Figure 45. Brazil Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 46. Argentina Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 47. Rest of South America Wood pellet Market Forecasts To 2028 (US$ Mn)
Figure 48. Impact of COVID-19 Pandemic in North America
Figure 49. Impact of COVID-19 Pandemic in Europe
Figure 50. Impact of COVID-19 Pandemic in Asia-Pacific
Figure 51. Impact of COVID-19 Pandemic in Middle East & Africa
Figure 52. Impact of COVID-19 Pandemic in South and Central America
Companies Mentioned
- Pacific BioEnergy
- Premium Pellet Ltd.
- Pinnacle Renewable Energy
- Enviva
- ANDRITZ
- Wood & Sons
- Graanul Invest
- New England Wood Pellet
- TANAC
- Energex Pellet Fuel, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | September 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 9630.99 Million |
| Forecasted Market Value ( USD | $ 23892.77 Million |
| Compound Annual Growth Rate | 13.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
