Global Wood-Pellets Sales Market Report 2022

Wood pellet is a solid fuel that is produced by crushing and densifying waste timber like sawdust, forestry residues, industrial byproducts like old paper and forestry wastes. The length is 1-2 cm and the diameter is generally 6, 8, 10, or 12mm. It is possible to produce 25mm wood pellet at maximum. In Sweden, 6mm wood pellet is encouraged to use in house as it can realize the best condition of combustion. Wood pellet production doesn't need to add binder as lignin, an element of wood, plays a role of binder and helps to pelletize when it is melted by heat.
Market Analysis and Insights: Global Wood-Pellets Market
Due to the COVID-19 pandemic, the global Wood-Pellets market size is estimated to be worth US$ 5879.9 million in 2021 and is forecast to a readjusted size of US$ 5879.9 million by 2028 with a CAGR of 6.1% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Wood-Pellets global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Wood-Pellets are mainly classified into the following types: white pellet and black pellet. White pellet is the most widely used type which takes up about 97% of the total sales, while the black pellet has a fast growing speed.
Wood-Pellets have wide range of applications, such as power generation, industrial furnace, civil use etc. And power generation was the most widely used area which took up about 61% of the global total.
Europe is the largest consumer of Wood-Pellets in the world. Europe market took up about 57% the global market, while North America and China were about 21%, 8%.
Enviva, Pinnacle, Graanul Invest Group, Drax Biomass International, Vyborgskaya Cellulose and Lignetics, etc. are the key suppliers in the global Wood-Pellets market. Top 5 took up about 32% of the global market.
Global Wood-Pellets Scope and Market Size
The global Wood-Pellets market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Wood-Pellets market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
White Pellet
Black Pellet
Segment by Application
Power Generation
Industrial Furnace
Civil Use
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Enviva
Pinnacle
Vyborgskaya Cellulose
Rentech
Innogy
Graanul Invest Group
Zilkha Biomass Energy
Canfor
General Biofuels
Pacific BioEnergy
Protocol Energy
PFEIFER
Biomass Secure Power
Viridis Energy
Westervelt
BTH Quitman Hickory
Energex
Lignetics
Equustock
Fram Renewable Fuels
RusForest
Neova
Drax Biomass International
Enova Energy Group
Aoke Ruifeng
DEVOTION
Dalin Biological
Senon Renewable Energy
Xirui New Energy
Weige Bio-tech Energy