Wood Pellet Market
Wood Pellet Market - Global Industry Assessment & Forecast
Segments Covered
- By Application Heating, Power Generation, CHP
- By End Use Residential, Commercial, Industrial
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 8.4 Billion |
Revenue 2030: | USD 12.4 Billion |
Revenue CAGR (2023 - 2030): | 5.8% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2017 to 2021 |
3. | Forecast Data | 2023 to 2030 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Wood Pellet in terms of revenue?
-
The global Wood Pellet valued at USD 8.4 Billion in 2022 and is expected to reach USD 12.4 Billion in 2030 growing at a CAGR of 5.8%.
Which are the prominent players in the market?
-
The prominent players in the market are Energex Inc. (Australia), Enviva LP (U.S.), Graanul Invest (Estonia), Drax Biomass (U.S.), Pinnacle (Canada), Sinclar Group Forest Products (Canada), Lauzon (Canada), Wood Pellet Energy Ltd. (UK), United Company (U.S.), Highland Pellets LLC (U.S.), Groupe Savoie Inc. (Canada), I.C.S. (Lacroix) Lumber Inc. (Canada), Vermont Wood Pellet Company (U.S.), AVP Group (Germany), Farm Fuels (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.8% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Wood Pellet include
- Increasing Global Demand for Renewable Energy
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Wood Pellet in 2022.