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Wood Pellet Market: Global Industry Analysis and Opportunity Assessment 2017 - 2027

Wood Pellet Market: Global Industry Analysis and Opportunity Assessment 2017 - 2027

Increasing consumption of wood pellets in North America region fuelling market growth

Wood pellets are manufactured from renewable forest by-products, saw dust and agriculture waste materials. Wood pellets are fast becoming popular in North America owing to the increasing prices of primary fuel. Demand for wood pellets in North America as a bio-mass fuel is increasing significantly, attributed to high demand for industrial as well as commercial purposes. Rising prices of fossil fuels including natural gas and fuel oil is one of the major driving factors for wood pellet heating. Concerns about climate change in North America is also stimulating the growth of the wood pellet market in the region.

Energy and climate change issues in Western Europe driving the growth of the global market

Increasing carbon emission is a major driving force for the wood pellet market in the Western Europe region. There is high demand for wood pellets in this region to reduce carbon emission and raise the contribution of total renewable energy consumption. The use of co-firing and dedicated biomass power plants is a part of the compliance plan, which helps drive the wood pellet market in this region.

Fulfilling certification criteria may act as a restraint to the wood pellet market in North America

Government certification is a valuable tool to assure customers that wood pellets are made from sustainably managed forests. Increasing certification criteria is a key restraining factor in the North America wood pellet market while exporting to other countries, where various rules mandate renewable energy production. Wood pellets procurement policy is also one of the key restraining factors of the North America wood pellet market. For instance, norms laid down by the Sustainable Forestry Initiative and Forest Stewardship Council (the certification organisations of North America) restrict the growth of the wood pellet market in North America. Approximately 19% of U.S. commercial forestland is certified by major U.S. standards. According to the Wood Pellet Association of Canada, approximately 9% of world forests are certified. Out of these, more than 40% forests are in Canada, which makes these forests an ideal source of wood pellets.

Key players focussing on contracts/agreements in the Western Europe wood pellet market

Western Europe is one of the largest regional wood pellet markets based on consumption and the production is less than consumption in this region. Efforts are being made to increase the production capacity of wood pellets in this region. Swedish softwood lumber supply is estimated to increase over the forecast period, which will help increase the production capacity of wood pellets.

Global Wood Pellet Market Attractiveness Index, by Region

The global wood pallet market is estimated to be valued at nearly US$ 9,205 Mn by 2017 end and is expected to register a CAGR of 8.7% over the forecast period to be valued at nearly US$ 21 Bn by the end of 2027. Amongst all regions, Western Europe is anticipated to account for 72.6% value share in the global wood pellet market by 2017 end, followed by North America with 7.8% value share. Western Europe is anticipated to exhibit a higher incremental value during the forecast period as compared to other regions. Asia Pacific excluding Japan is projected to register a CAGR of 9.9% over the forecast period to account for 8.7% value share by 2027 end. Middle East and Africa is expected to account for 0.7% value share in the global wood pellet market by 2017 end. The market in MEA will register a CAGR of 7.4% over the forecast period. The production capacity of wood pellets in Chile is growing rapidly, owing to low manufacturing cost. Brazil as well as Argentina are the one of largest producers of wood pellets made of industrial round wood and sawdust. The rapid rate of production of wood pellets across the Latin America region is one of the major driving factors of the global wood pellet market and large amounts of wood pellets are being used to produce electricity in this region. For instance, Alone Chile produces approximately 16 Mn cubic meters of firewood and more than 40 Mn cubic meters of industrial round wood.


1. Executive Summary
1.1 Overview
1.2 Market Analysis
1.3 FMI Analysis and Recommendations
1.4 Wheel of Fortune
2. Market Introduction
2.1 Market Taxonomy
2.2 Forecast Factors
2.3 Raw Material & Technical Potential
3. Global Market Analysis 2012–2016 and Forecast 2017–2027
3.1 Market Value & Volume Forecast
3.2 Market Size and Y-o-Y Growth & Absolute $ Opportunity
3.3 Global Supply Demand Scenario
3.4 Production Regional Snapshot
3.5 Trade Analysis, 2015
3.6 Value/ Supply Chain Analysis
3.7 Manufacturing Process
3.8 Product – Cost Structure Analysis
3.9 Global Pricing Analysis
4. North America Market Analysis and Forecast 2017–2027
4.1 Market Dynamics
4.1.1 Market Drivers
4.1.2 Market Restraints
4.1.3 Market Trends
4.2 Market Size (US$ Mn) and Volume Forecast, By Country
4.2.1 U.S
4.2.2 Canada
4.3 Market Size (US$ Mn) and Volume Forecast, By Feedstock
4.3.1 Forest and Wood waste resources
4.3.2 Agricultural residue and waste
4.3.3 Others (energy crops, food waste and virgin lumber)
4.4 Market Size (US$ Mn) and Volume Forecast, By Application
4.4.1 Free Standing Pellet Stove
4.4.2 Pellet Stove Inserts
4.4.3 Pellet Boilers
4.5 Market Size (US$ Mn) and Volume Forecast, By End-Use
4.5.1 Industrial pellet for CHP/ District heating
4.5.2 Industrial pellet for co firing
4.5.3 Pellet for heating residential/commercial
4.5.4 Other (horse bedding, absorbent)
4.6 Market Attractiveness Analysis
4.6.1 By Country
4.6.2 By Feedstock
4.6.3 By Application
4.6.4 By End-Use
4.7 Key Representative Market Participants
4.8 Heat Map for wood pellet Market
5. Latin America Market Analysis and Forecast 2017–2027
5.1 Market Dynamics
5.1.1 Market Drivers
5.1.2 Market Restraints
5.1.3 Market Trends
5.2 Market Size (US$ Mn) and Volume Forecast, By Country
5.2.1 U.S
5.2.2 Canada
5.3 Market Size (US$ Mn) and Volume Forecast, By Feedstock
5.3.1 Forest and Wood waste resources
5.3.2 Agricultural residue and waste
5.3.3 Others (energy crops, food waste and virgin lumber)
5.4 Market Size (US$ Mn) and Volume Forecast, By Application
5.4.1 Free Standing Pellet Stove
5.4.2 Pellet Stove Inserts
5.4.3 Pellet Boilers
5.5 Market Size (US$ Mn) and Volume Forecast, By End-Use
5.5.1 Industrial pellet for CHP/ District heating
5.5.2 Industrial pellet for co firing
5.5.3 Pellet for heating residential/commercial
5.5.4 Other (horse bedding, absorbent)
5.6 Market Attractiveness Analysis
5.6.1 By Country
5.6.2 By Feedstock
5.6.3 By Application
5.6.4 By End-Use
5.7 Key Representative Market Participants
5.8 Heat Map for wood pellet Market
6. Eastern Europe Market Analysis and Forecast 2017–2027
6.1 Market Dynamics
6.1.1 Market Drivers
6.1.2 Market Restraints
6.1.3 Market Trends
6.2 Market Size (US$ Mn) and Volume Forecast, By Country
6.2.1 U.S.
6.2.2 Canada
6.3 Market Size (US$ Mn) and Volume Forecast, By Feedstock
6.3.1 Forest and Wood waste resources
6.3.2 Agricultural residue and waste
6.3.3 Others (energy crops, food waste and virgin lumber)
6.4 Market Size (US$ Mn) and Volume Forecast, By Application
6.4.1 Free Standing Pellet Stove
6.4.2 Pellet Stove Inserts
6.4.3 Pellet Boilers
6.5 Market Size (US$ Mn) and Volume Forecast, By End-Use
6.5.1 Industrial pellet for CHP/ District heating
6.5.2 Industrial pellet for co firing
6.5.3 Pellet for heating residential/commercial
6.5.4 Other (horse bedding, absorbent)
6.6 Market Attractiveness Analysis
6.6.1 By Country
6.6.2 By Feedstock
6.6.3 By Application
6.6.4 By End-Use
6.7 Key Representative Market Participants
6.8 Heat Map for wood pellet Market
7. Western Europe Market Analysis and Forecast 2017–2027
7.1 Market Dynamics
7.1.1 Market Drivers
7.1.2 Market Restraints
7.1.3 Market Trends
7.2 Market Size (US$ Mn) and Volume Forecast, By Country
7.2.1 U.S.
7.2.2 Canada
7.3 Market Size (US$ Mn) and Volume Forecast, By Feedstock
7.3.1 Forest and Wood waste resources
7.3.2 Agricultural residue and waste
7.3.3 Others (energy crops, food waste and virgin lumber)
7.4 Market Size (US$ Mn) and Volume Forecast, By Application
7.4.1 Free Standing Pellet Stove
7.4.2 Pellet Stove Inserts
7.4.3 Pellet Boilers
7.5 Market Size (US$ Mn) and Volume Forecast, By End-Use
7.5.1 Industrial pellet for CHP/ District heating
7.5.2 Industrial pellet for co firing
7.5.3 Pellet for heating residential/commercial
7.5.4 Other (horse bedding, absorbent)
7.6 Market Attractiveness Analysis
7.6.1 By Country
7.6.2 By Feedstock
7.6.3 By Application
7.6.4 By End-Use
7.7 Key Representative Market Participants
7.8 Heat Map for wood pellet Market
8. APEJ Market Analysis and Forecast 2017–2027
8.1 Market Dynamics
8.1.1 Market Drivers
8.1.2 Market Restraints
8.1.3 Market Trends
8.2 Market Size (US$ Mn) and Volume Forecast, By Country
8.2.1 U.S.
8.2.2 Canada
8.3 Market Size (US$ Mn) and Volume Forecast, By Feedstock
8.3.1 Forest and Wood waste resources
8.3.2 Agricultural residue and waste
8.3.3 Others (energy crops, food waste and virgin lumber)
8.4 Market Size (US$ Mn) and Volume Forecast By Application
8.4.1 Free Standing Pellet Stove
8.4.2 Pellet Stove Inserts
8.4.3 Pellet Boilers
8.5 Market Size (US$ Mn) and Volume Forecast, By End-Use
8.5.1 Industrial pellet for CHP/ District heating
8.5.2 Industrial pellet for co firing
8.5.3 Pellet for heating residential/commercial
8.5.4 Other (horse bedding, absorbent)
8.6 Market Attractiveness Analysis
8.6.1 By Country
8.6.2 By Feedstock
8.6.3 By Application
8.6.4 By End-Use
8.7 Key Representative Market Participants
8.8 Heat Map for wood pellet Market
9. JAPAN Market Analysis and Forecast 2017–2027
9.1 Market Dynamics
9.1.1 Market Drivers
9.1.2 Market Restraints
9.1.3 Market Trends
9.3 Market Size (US$ Mn) and Volume Forecast, By Feedstock
9.3.1 Forest and Wood waste resources
9.3.2 Agricultural residue and waste
9.3.3 Others (energy crops, food waste and virgin lumber)
9.4 Market Size (US$ Mn) and Volume Forecast, By Application
9.4.1 Free Standing Pellet Stove
9.4.2 Pellet Stove Inserts
9.4.3 Pellet Boilers
9.5 Market Size (US$ Mn) and Volume Forecast, By End-Use
9.5.1 Industrial pellet for CHP/ District heating
9.5.2 Industrial pellet for co firing
9.5.3 Pellet for heating residential/commercial
9.5.4 Other (horse bedding, absorbent)
9.6 Market Attractiveness Analysis
9.6.1 By Country
9.6.2 By Feedstock
9.6.3 By Application
9.6.4 By End-Use
9.7 Key Representative Market Participants
9.8 Heat Map for wood pellet Market
10. MEA Market Analysis and Forecast 2017–2027
10.1 Market Dynamics
10.1.1 Market Drivers
10.1.2 Market Restraints
10.1.3 Market Trends
10.2 Market Size (US$ Mn) and Volume Forecast, By Country
10.2.1 U.S.
10.2.2 Canada
10.3 Market Size (US$ Mn) and Volume Forecast, By Feedstock
10.3.1 Forest and Wood waste resources
10.3.2 Agricultural residue and waste
10.3.3 Others (energy crops, food waste and virgin lumber)
10.4 Market Size (US$ Mn) and Volume Forecast, By Application
10.4.1 Free Standing Pellet Stove
10.4.2 Pellet Stove Inserts
10.4.3 Pellet Boilers
10.5 Market Size (US$ Mn) and Volume Forecast, By End-Use
10.5.1 Industrial pellet for CHP/ District heating
10.5.2 Industrial pellet for co firing
10.5.3 Pellet for heating residential/commercial
10.5.4 Other (horse bedding, absorbent)
10.6 Market Attractiveness Analysis
10.6.1 By Country
10.6.2 By Feedstock
10.6.3 By Application
10.6.4 By End-Use
10.7 Key Representative Market Participants
10.8 Heat Map for wood pellet Market
11. Competitive Assessment
11.1 Market Structure
11.2 Market Share Analysis
11.3 Competition Dashboard
11.4 Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)
11.4.1 Drax Biomass Inc
11.4.2 Rentech, Inc
11.4.3 Enviva Partners, LP
11.4.4 German Pellets GmbH
11.4.5 Viridis Energy Inc
11.4.6 AS Graanul Invest
11.4.7 Pinnacle Renewable Energy Inc
11.4.8 Lignetics Of Idaho, Inc
11.4.9 Zilkha Biomass Energy, LLC
11.4.10 Land Energy Girvan Limited
11.4.11 Colombo Energy Inc
11.4.12 Premium Pellet Ltd
11.4.13 ECARE
11.4.14 Fram Renewable Fuels
11.4.15 Agon Biomass
11.4.16 Pellet power
11.4.17 Blue Sky Biomass
11.4.18 Bio Eneco Sdn Bhd
11.4.19 Schellinger & Co Mühlenwerke
11.4.20 Snow Timber Pellets LLC
12. Global Market Analysis 2012-2016 & Forecast 2017-2027, By Region
12.1 Global wood pellet Market Regional Snapshot
12.2 Market Size (US$ Mn) and Volume (Tons) Forecast, By Region
12.2.1 North America
12.2.2 Latin America
12.2.3 Western Europe
12.2.4 Eastern Europe
12.2.5 Asia-Pacific excluding Japan
12.2.6 Japan
12.2.7 Middle East and Africa
12.3 Market Attractiveness Analysis By Region
13. Global Market Analysis 2012-2016 & Forecast 2017-2027, By Feedstock Type
13.1 Market Size (US$ Mn) and Volume (Tons) Forecast, By Feedstock type
13.1.1 Forest and Wood waste resources
13.1.2 Agricultural residue and waste
13.1.3 Others (energy crops, food waste and virgin lumber)
13.2. Market Attractiveness Analysis By Feedstock Type
14. Global Market Analysis 2012-2016 & Forecast 2017-2027, By Application
14.1 Market Size (US$ Mn) and Volume (Tons)Forecast, By Application
14.1.1 Market Size (US$ Mn) and Volume (Tons)Forecast By Free Standing Pellet Stove
14.1.2 Market Size (US$ Mn) and Volume (Tons)Forecast By Pellet Stove Inserts
14.1.3 Market Size (US$ Mn) and Volume (Tons)Forecast By Pellet Boilers
14.2. Market Attractiveness Analysis, By Application
15. Global Market Analysis 2012-2016 & Forecast 2017-2027, By End-Use
15.1 Market Size (US$ Mn) and Volume (Tons)Forecast, By End-Use
15.1.1 Market Size (US$ Mn) and Volume (Tons)Forecast, By Industrial pellet for CHP/ District heating
15.1.2 Market Size (US$ Mn) and Volume (Tons)Forecast, By Industrial pellet for co firing
15.1.3 Market Size (US$ Mn) and Volume (Tons)Forecast, By Pellet for heating residential/commercial
15.1.4 Market Size (US$ Mn) and Volume (Tons)Forecast, By Other (horse bedding, absorbent)
15.2 Market Attractiveness Analysis, By End-Use

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