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
Wood Pellet Market Segment Analysis
- Wood Pellet Application Outlook (Revenue, USD Million, 2018 - 2030)
- Heating
- Power Generation
- CHP
- Wood Pellet End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
-
North America Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- U.S.
- U.S. Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- U.S. Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- U.S. Wood Pellet Market, by Application
- Canada
- Canada Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Canada Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Canada Wood Pellet Market, by Application
-
Mexico
- Mexico Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Mexico Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Mexico Wood Pellet Market, by Application
-
North America Wood Pellet Market, by Application
- Europe
-
Europe Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
-
Europe Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- U. K.
- U.K. Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- U.K. Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- U.K. Wood Pellet Market, by Application
- France
- France Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- France Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- France Wood Pellet Market, by Application
-
Germany
- Germany Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Germany Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Germany Wood Pellet Market, by Application
-
Italy
- Italy Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Italy Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Italy Wood Pellet Market, by Application
-
Spain
- Spain Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Spain Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Spain Wood Pellet Market, by Application
-
Rest of Europe
- Rest of Europe Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Rest of Europe Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Rest of Europe Wood Pellet Market, by Application
-
Europe Wood Pellet Market, by Application
- Asia Pacific
-
Asia Pacific Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
-
Asia Pacific Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- China
- China Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- China Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- China Wood Pellet Market, by Application
- Japan
- Japan Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Japan Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Japan Wood Pellet Market, by Application
-
Germany
- Germany Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Germany Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Germany Wood Pellet Market, by Application
-
India
- India Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- India Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- India Wood Pellet Market, by Application
-
South Korea
- South Korea Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- South Korea Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- South Korea Wood Pellet Market, by Application
-
South East Asia
- South East Asia Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- South East Asia Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- South East Asia Wood Pellet Market, by Application
-
Rest of Asia Pacific
- Rest of Asia Pacific Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Rest of Asia Pacific Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Wood Pellet Market, by Application
-
Asia Pacific Wood Pellet Market, by Application
- Latin America
-
Latin America Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
-
Latin America Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Brazil
- Brazil Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Brazil Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Brazil Wood Pellet Market, by Application
- Argentina
- Argentina Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Argentina Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Argentina Wood Pellet Market, by Application
-
Rest of Latin America
- Rest of Latin America Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Rest of Latin America Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Rest of Latin America Wood Pellet Market, by Application
-
Latin America Wood Pellet Market, by Application
- Middle East & Africa
-
Middle East & Africa Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
-
Middle East & Africa Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- GCC Countries
- GCC Countries Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- GCC Countries Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- GCC Countries Wood Pellet Market, by Application
- South Africa
- South Africa Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- South Africa Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- South Africa Wood Pellet Market, by Application
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Wood Pellet Market, by Application
- Heating
- Power Generation
- CHP
- Rest of Middle East & Africa Wood Pellet Market, by End Use
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Wood Pellet Market, by Application
-
Middle East & Africa Wood Pellet Market, by Application
- North America
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.