Wood pellet refers to a compressed and small cylindrical particle primarily obtained from wood residues, compacted sawdust, and agricultural by-products, including straw. It offers various benefits, such as low moisture and ash content, high energy content, cost-effectiveness, less maintenance, etc., when compared to unprocessed biomass. As a result, wood pellets are extensively utilized across the residential, industrial, and commercial sectors for cooking, grilling, supplying heat, etc.
Global Wood Pellet Industry Trends and Drivers:
The widespread product adoption as biofuels in power generation is among the key factors driving the wood pellet market. Additionally, the increasing environmental concerns among individuals towards global warming and climate change, on account of the growing greenhouse gas (GHG) levels in the atmosphere, are further catalyzing the market growth.
In line with this, the rising utilization of wood pellets for heating public administration buildings, federal and municipal establishments, offices, educational facilities, etc., owing to its lower GHG emissions when compared to coal, is acting as another significant growth-inducing factor.
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Moreover, government bodies across countries are offering incentives and subsidies to encourage the adoption of renewable sources of energy that aid in reducing the carbon footprint, which, in turn, is also propelling the product demand. Apart from this, the rising investments in R&D activities aimed at sourcing waste wood materials and sawdust to enhance production volumes are anticipated to fuel the wood pellet market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Andritz AG, Asia Biomass Public Company Limited, Drax Group PLC, Energex, Enviva LP, Fram Renewable Fuels LLC, Land Energy Limited, Lignetics Inc., Mallard Creek Inc., Pacific BioEnergy Corporation, Stora Enso Oyj, Svenska Cellulosa Aktiebolaget and Tanac S.A.
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The report has segmented the market on the basis of region, feedstock type, application and end use industry.
Breakup by Feedstock Type:
- Forest Wood and Waste
- Agriculture Residue
- Others
Breakup by Application:
- Power Plants
- Residential Heating
- Commercial Heating
- Combined Heat and Power (CHP)
- Others
Breakup by End Use Industry:
- Industrial
- Commercial
- Residential
- Animal Bedding
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Wood Pellet Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Feedstock Type
6.1 Forest Wood and Waste
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Agriculture Residue
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Power Plants
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Residential Heating
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Commercial Heating
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Combined Heat and Power (CHP)
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Industrial
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Residential
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Animal Bedding
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Andritz AG
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Asia Biomass Public Company Limited
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Drax Group PLC
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Energex
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Enviva LP
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Fram Renewable Fuels LLC
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Land Energy Limited
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Lignetics Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Mallard Creek Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Pacific BioEnergy Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Stora Enso Oyj
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Svenska Cellulosa Aktiebolaget
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 Tanac S.A.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
Continue……………..
