
Wood Pellet Market by Grade (Grade A1, Grade A2, Grade B), Application (Combined Heat & Power (CHP), Heating, Power Generation), End-Use - Global Forecast 2023-2030
Description
Wood Pellet Market by Grade (Grade A1, Grade A2, Grade B), Application (Combined Heat & Power (CHP), Heating, Power Generation), End-Use - Global Forecast 2023-2030
The Wood Pellet Market size was estimated at USD 8.44 billion in 2022 and expected to reach USD 8.87 billion in 2023, at a CAGR 6.06% to reach USD 13.52 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Wood Pellet Market.
- Based on Grade, market is studied across Grade A1, Grade A2, and Grade B. The Grade A1 commanded largest market share of 36.85% in 2022, followed by Grade A2.
- Based on Application, market is studied across Combined Heat & Power (CHP), Heating, and Power Generation. The Heating commanded largest market share of 39.67% in 2022, followed by Power Generation.
- Based on End-Use, market is studied across Commercial, Industrial, and Residential. The Industrial commanded largest market share of 50.85% in 2022, followed by Commercial.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.45% in 2022, followed by Asia-Pacific.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Wood Pellet Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Wood Pellet Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Wood Pellet Market, highlighting leading vendors and their innovative profiles. These include AS Graanul Invest, AVPGroup, B&B Charcoal Co., BioPower Sustainable Energy Corporation, Drax Group, Ecowood Pellets, Energex American, Inc., Enviva Inc., Farm Fuels, Fram Renewable Fuels LLC, Grilla Grills, Groupe Savoie Inc., Highland Pellets LLC, I.C.S. (Lacroix) Lumber Inc., Land Energy Girvan Limited, Lauzon, Lignetics, Inc., Mallard Creek Inc., Mann Lake Bee & Ag Supply, Premium Pellets Ltd., Proviro Group, Quality Box (1971) Ltd., Segezha-Group, Sinclar Group, Stanford Sonoma Corp., TANAC, TPN Green Innovation Co., Ltd., United Group Co. Ltd., Vermont Wood Pellet Company, Wood & Sons, and Wood Pellet Energy (UK) Ltd..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Wood Pellet Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Wood Pellet Market?
- What is the competitive strategic window for identifying opportunities in the Wood Pellet Market?
- What are the latest technology trends and regulatory frameworks in the Wood Pellet Market?
- What is the market share of the leading vendors in the Wood Pellet Market?
- Which modes and strategic moves are suitable for entering the Wood Pellet Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
181 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Wood Pellet Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing demand for the renewable energy across the globe
- 5.1.1.2. Favorable government policies and initiatives for clean energy sector
- 5.1.1.3. Rising production and export of wood pellets worldwide
- 5.1.2. Restraints
- 5.1.2.1. Stringent environmental regulation and extensive third-party certification
- 5.1.3. Opportunities
- 5.1.3.1. Deployment of advanced technologies in wood pellet plants
- 5.1.3.2. Incresed support from biomass bolier grants
- 5.1.4. Challenges
- 5.1.4.1. Presence of wood pallet alternatives and substitues in the market
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Wood Pellet Market, by Grade
- 6.1. Introduction
- 6.2. Grade A1
- 6.3. Grade A2
- 6.4. Grade B
- 7. Wood Pellet Market, by Application
- 7.1. Introduction
- 7.2. Combined Heat & Power (CHP)
- 7.3. Heating
- 7.4. Power Generation
- 8. Wood Pellet Market, by End-Use
- 8.1. Introduction
- 8.2. Commercial
- 8.3. Industrial
- 8.4. Residential
- 9. Americas Wood Pellet Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Wood Pellet Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Wood Pellet Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. Drax steps up its biomass production by acquiring wood pellet plant
- 12.3.1.2. CM Biomass doubles production capacity in the US with strategic acquisition
- 12.3.2. Agreement, Collaboration, & Partnership
- 12.3.2.1. Enviva Announces Long-term, 800,000 Metric Ton Per Year Contract
- 12.3.2.2. NXT TRADE India supports the start of Biomass Wood Pellet production in the Jammu and Kashmir regions
- 12.3.3. New Product Launch & Enhancement
- 12.3.3.1. CPM launches new technology to improve pellet mill efficiency
- 12.3.4. Investment & Funding
- 12.3.4.1. Ashland mill plans $7M wood pellet expansion
- 12.3.4.2. Setra investing in pellet production
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. AS Graanul Invest
- 13.1.2. AVPGroup
- 13.1.3. B&B Charcoal Co.
- 13.1.4. BioPower Sustainable Energy Corporation
- 13.1.5. Drax Group
- 13.1.6. Ecowood Pellets
- 13.1.7. Energex American, Inc.
- 13.1.8. Enviva Inc.
- 13.1.9. Farm Fuels
- 13.1.10. Fram Renewable Fuels LLC
- 13.1.11. Grilla Grills
- 13.1.12. Groupe Savoie Inc.
- 13.1.13. Highland Pellets LLC
- 13.1.14. I.C.S. (Lacroix) Lumber Inc.
- 13.1.15. Land Energy Girvan Limited
- 13.1.16. Lauzon
- 13.1.17. Lignetics, Inc.
- 13.1.18. Mallard Creek Inc.
- 13.1.19. Mann Lake Bee & Ag Supply
- 13.1.20. Premium Pellets Ltd.
- 13.1.21. Proviro Group
- 13.1.22. Quality Box (1971) Ltd.
- 13.1.23. Segezha-Group
- 13.1.24. Sinclar Group
- 13.1.25. Stanford Sonoma Corp.
- 13.1.26. TANAC
- 13.1.27. TPN Green Innovation Co., Ltd.
- 13.1.28. United Group Co. Ltd.
- 13.1.29. Vermont Wood Pellet Company
- 13.1.30. Wood & Sons
- 13.1.31. Wood Pellet Energy (UK) Ltd.
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
Pricing
Currency Rates
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