Wood pellets are made from dried and densified sawdust, shavings or wood powder. Pelletisation is currently the most economic and energy saving way to convert biomass into a fuel with high energy density and consistent quality. For this reason it is one of the fastest growing forms of upgraded biomass in Europe and worldwide.
The major application of wood pellets can be further divided into three markets residential heating, commercial heating and power generation and heat generated from CHP.
This report contains market size and forecasts of Biomass Wood Pellets Fuel in global, including the following market information:
- Global Biomass Wood Pellets Fuel Market Revenue, 2018-2023, 2023-2030, ($ millions)
- Global Biomass Wood Pellets Fuel Market Sales, 2018-2023, 2023-2030, (Tons)
Global top five Biomass Wood Pellets Fuel companies in 2022 (%)
The global Biomass Wood Pellets Fuel market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
0.5% Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Biomass Wood Pellets Fuel include Enviva, Drax Global, Pinnacle, An Viet Phat, Vyborgskaya Cellulose, Lignetics, Graanul Invest, Energex and Stora Enso, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Biomass Wood Pellets Fuel 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 Biomass Wood Pellets Fuel Market, by Ash Content, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Biomass Wood Pellets Fuel Market Segment Percentages, by Ash Content, 2022 (%)
Global Biomass Wood Pellets Fuel Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Biomass Wood Pellets Fuel Market Segment Percentages, by Application, 2022 (%)
- Residential Heating
- Commercial Heating
- CHP
Global Biomass Wood Pellets Fuel Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Biomass Wood Pellets Fuel Market Segment Percentages, By Region and Country, 2022 (%)
- 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 Biomass Wood Pellets Fuel revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Biomass Wood Pellets Fuel revenues share in global market, 2022 (%)
- Key companies Biomass Wood Pellets Fuel sales in global market, 2018-2023 (Estimated), (Tons)
- Key companies Biomass Wood Pellets Fuel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Enviva
- Drax Global
- Pinnacle
- An Viet Phat
- Vyborgskaya Cellulose
- Lignetics
- Graanul Invest
- Energex
- Stora Enso
- Pacific BioEnergy
- Segezha Group
- CM Biomass
- Equustock
- Forest Energy Corporation
- Highland Pellets
- Pfeifer Group
- Bionet
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