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.

The Global Wood Pellets Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Wood Pellets Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Enviva
Pinnacle
Vyborgskaya Cellulose
Innogy (RWE)
Graanul Invest Group
Zilkha Biomass Energy
Canfor
General Biofuels
Pacific BioEnergy
Protocol Energy
PFEIFER
Viridis Energy
Westervelt
BTH Quitman Hickory
Energex
Lignetics
Equustock
Fram Renewable Fuels
Drax Biomass International
Enova Energy Group
Aoke Ruifeng
DEVOTION
Dalin Biological
Senon Renewable Energy
Xirui New Energy
Weige Bio-tech Energy

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Black Pellet
White Pellet
In Market segmentation by applications :

Thermal Energy (Heat)
Power Generation

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Wood Pellets Market for the forecast period 2023 - 2030?
• What are the driving forces in the Wood Pellets Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Wood Pellets industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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