Global Industrial Wood Pellet Market Size, Share, Growth Analysis, By Feedstock, By Application(the industrial wood pellet market is segmented into power generation, and combined heat & power )

Description

Industrial Wood Pellet Market size was valued at USD 8.23 billion in 2021 and is poised to grow from USD 8.68 billion in 2022 to USD 13.33 billion by 2030, growing at a CAGR of 5.5% in the forecast period (2023-2030).

The global industrial wood pellet market has experienced substantial growth in recent years due to rising demand for renewable energy sources. Wood pellets, derived from compressed sawdust and wood waste, are widely used in power generation and heating applications. Factors such as environmental concerns and government initiatives promoting clean energy have contributed to market expansion. Additionally, the increasing adoption of biomass-based technologies across industries further fuels the market's progress.

Top-down and bottom-up approaches were used to estimate and validate the size of Industrial Wood Pellet and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report:

Global industrial wood pellet market is segmented based on the feedstock, application, and region. Based on feedstock, the market is segmented into forest waste, and agricultural waste. Based on application, the industrial wood pellet market is segmented into power generation, and combined heat & power (CHP). Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Driver

The growth of industrial wood pellets is attributed to their rising popularity in end-use industries, which is driven by the escalating prices of primary fuel sources. Additionally, the cost-effectiveness of production and the abundant availability of pellet fuel feedstock further contribute to increased consumption in the industrial sector.

Restrain

The market growth for industrial wood pellets faces hindrances due to the mounting government certification requirements for exporting goods to various countries, especially in Europe, where renewable energy production is mandated by different policies.

Trend

The demand for electricity is experiencing a notable increase due to several key factors, including a growing population, rising standards of living, a thriving industrial sector, and infrastructure development in various countries. This surge in demand necessitates the expansion of power generation capacity through the establishment of new plants and the enhancement of existing ones.

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Industrial Wood Pellet Market by Feedstock

Market Overview
forest waste
and agricultural waste

Global Industrial Wood Pellet Market by Application

Market Overview
the industrial wood pellet market is segmented into power generation
and combined heat & power (CHP)

Global Industrial Wood Pellet Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Enviva Partners, LP
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Drax Group plc
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Pinnacle Renewable Energy Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Georgia Biomass, LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Pacific BioEnergy Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
The Westervelt Company, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Woodfiber Resources LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Fram Renewable Fuels, LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
AS Graanul Invest
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Energex Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
German Pellets GmbH
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Rentech, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Andritz AG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Green Circle Bio Energy, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Arch Wood Protection, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Pfeifer Group
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
ECN
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Poyry Management Consulting (UK) Limited
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
RWE AG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
F.E. Wood & Sons, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Industrial Wood Pellet Market Size, Share, Growth Analysis, By Feedstock, By Application(the industrial wood pellet market is segmented into power generation, and combined heat & power ) - Industry Forecast 2023-2030