The Wood Pellets Market size is expected to grow at an annual average of 8% during 2021-2027. Wood pellets are solid fuels manufactured by densifying and pulverizing waste wood including industrial by-products such as old paper, forestry waste, and forestry residues. It is a renewable, clean-burning and cost-effective home heating option. Besides heating and power generation, these pellets are also used for bedding for horses. Wood pellets are the most common type of pellet fuel and are typically made from compressed sawdust [3] and related industrial wastes from sawn timber, wood products and furniture manufacturing and construction. Other sources of industrial waste include empty fruit bunches, palm kernel husks, coconut husks, and tree tops and branches that are discarded during logging operations.
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The following segmentation are covered in this report:
By Type
- Black Pellet
- White Pellet
By Application
- Thermal Energy (Heat)
- Power Generation
Company Profile
- Enova Energy Group
- Aoke Ruifeng
- DEVOTION
- Dalin Biological
- Senon Renewable Energy
- Xirui New Energy
- Weige Bio-tech Energy
The report covers the following objectives:
- Proliferation and maturation of trade in the global Wood Pellets Market
- The market share of the global Wood Pellets Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Wood Pellets Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Wood Pellets Market
Scope of the report
The research study analyses the Wood Pellets Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
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Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Wood Pellets Market Report
- What was the Wood Pellets Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
- What will be the CAGR of Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Wood Pellets Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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