This report is 90% complete and will include the latest impact analysis of Covid-19 along with updated quarterly market data for the year 2021 estimated. This report will be delivered within three working days post order confirmation.
Global Wood Pellet Fuel Market, By Feedstock (Forest Wood & Waste, Agriculture Residue, and Others), By Heating Application (Free Standing Pellet Stove, Pellet Stove Inserts, and Pellet Boilers), By Application (CHP/District Heating, Power Plants, Residential Heating, and Commercial Heating), By Region, Competition Forecast & Opportunities, 2026
Global wood pellet fuel market is expected to grow at a steady CAGR for the forecast period, 2022-2026.Rising awareness regarding the harmful impact of the carbon emissions emitted from the non-renewable sources of energy on the environment and the adoption of eco-friendly energy sources is accelerating the demand for renewable energy sources.
Wood pellet fuels are considered to be an alternative for non-renewable energy sources such as replacing natural gas and coal in prominent industrial sectors thereby are in high demand across the globe.Wood pellet fuels are cost-effective and emit lower carbon emissions into the environment.
The growing use of wood pellet fuels for electricity generation to reduce the level of carbon emission in coal-based power plants is expected to boost the growth of the global wood pellet fuel market in the next five years.Wood pellet fuel can also be used for residential heating in automatic stoves & boilers.
The high demand from the industrial sector for wood pellet fuel owing to their easy availability and low cost required for production purposes is ensuring its high consumption. Growing prices of natural gas and other fossil fuels such as petroleum, diesel compared to the cost of wood pellet fuel and the limited presence of fossil fuels are contributing significantly to the surge in demand for wood pellet fuel as an energy source across the globe.
Global wood pellet fuel market is segmented into feedstock, heating application, application, regional distribution, and company.Based on the regional analysis, the Europe region is expected to dominate the global wood pellet fuel market in the forecast period, 2022-2026.
Europe is a major producer as well as consumer of wood pellet fuel. The use of pellets in Europe for different purposes including commercial heating, residential heating, power plants, and others is expected to accelerate the wood pellet fuel market growth.
The major players operating in the global wood pellet fuel market are Wood Pellet Energy (UK) LTD, Energex, Rentech, Inc., Pinnacle Renewable Energy Group, The Westervelt Company Inc., German Pellets GmbH, F.E. Wood & Sons, Enviva LP, and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
• To analyze the historical growth in the market size of global wood pellet fuel market from 2016 to 2020
• To estimate and forecast the market size of global wood pellet fuel from 2021 to 2026 and growth rate until 2026.
• To classify and forecast global wood pellet fuel based on feedstock, heating application, application, regional distribution, and company.
• To identify dominant region or segment in the global wood pellet fuel market.
• To identify drivers and challenges for global wood pellet fuel market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global wood pellet fuel market.
• To identify and analyze the profile of leading players operating in global wood pellet fuel market.
• To identify key sustainable strategies adopted by market players in global wood pellet fuel market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers, which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of global wood pellet fuel market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Wood pellet fuel companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to wood pellet fuel market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global wood pellet fuel market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Global Wood Pellet Fuel Market, By Feedstock:
o Forest Wood & Waste
o Agriculture Residue
• Global Wood Pellet Fuel Market, By Heating Application:
o Free Standing Pellet Stove
o Pellet Stove Inserts
o Pellet Boilers
• Global Wood Pellet Fuel Market, By Application:
o CHP/District Heating
o Power Plants
o Residential Heating
o Commercial Heating
• Global Wood Pellet Fuel Market, By Region:
o North America
o South America
o Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global wood pellet fuel market.
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Our reports have been used by over 10K customers, including:
The global safety instrumented system market was valued at USD 3622.75 million in 2020 and is expected to reach USD 5299.92 million by 2026, registering a CAGR of 5.57% during the period of 2021-2026 (forecast period). The widespread adoption of safety regulations and standards, coupled with increased awareness about the need for industrial...
500 pages •
By The Business Research Company
• Dec 2021
Major companies in the utilities market include Electricite De France SA, Enel SpA, E.ON SE, Tokyo Electric Power Co Holdings Incorporated, Korea Electric Power Corporation, Uniper, Engie, State Power Investment Corporation, Exelon Corp. and Iberdrola. The global utilities market is expected to grow from $5,488.88 billion in 2021 to...
Mexico Power Market Outlook to 2030, Update 2021 - Market Trends, Regulations, and Competitive Landscape Summary This report discusses the power market structure of Mexico and provides historical and forecast numbers for capacity, generation, and consumption up to 2030.Detailed analysis of the country’s...
This research study, Disruptive Electrolyzer Technologies Enabling Green Hydrogen Production, focuses on the latest achievements in electrolyzer technologies. The study highlights the necessity for electrolysis technology and discusses the major challenges its development faces in gaining wide-scale market adoption and competitiveness. Current...
Portugal Power Market Size and Forecast to 2030, Update 2021 - Analysing Market Size and Trends, Regulations, and Competitive Landscape Summary This report discusses the power market structure of Portugal and provides historical and forecast numbers for capacity, generation, and consumption up to...
120 pages •
By Infiniti Research Limited
• Dec 2021
Global Cable Market 2021-2025 The analyst has been monitoring the cable market and it is poised to grow by $ 88.49 billion during 2021-2025, progressing at a CAGR of 7.10% during the forecast period. Our report on the cable market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges,...
The United States Electrical Enclosures Market valued USD 1,524.2 million in 2020. It is expected to reach USD 2,198.6 million by 2026, registering a CAGR of 6.48% during 2021-2026. Key Highlights The increasing power and industrial infrastructure, combined with the need for a safe workforce, has led to various...
The global polylactic acid (PLA) market exhibited strong growth during 2015-2020. Looking forward, the analyst expects the market to grow at a CAGR of around 15% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of...
The global engineering adhesives market exhibited moderate growth during 2015-2020. Looking forward, the analyst expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence...
This report is 90% complete and will include the latest impact analysis of Covid-19 along with updated quarterly market data for the year 2021 (estimated). This report will be delivered within three working days post order confirmation. Green Hydrogen Market - Global Industry Size, Share, Trends, Opportunity and Forecast,...
Electric Power Generation
Fossil Fuels Price
Greenhouse Gas Emissions
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.