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Global Wood Fuels Market 2019-2023

Global Wood Fuels Market 2019-2023

About this market

The The regulations for GHG emissions and the use of bioenergy in heating systems will trigger the wood fuels market growth during the forecast period. The US EPA has been developing common-sense regulatory initiatives for reducing emissions and improving efficiency in emission reduction. In addition, the US EPA has also been supporting the use of CHP due to its cost-effective reduction in GHG emissions and improved fuel efficiency. Some governments are also imposing mandatory obligations and incentives including grants, subsidies, and energy taxes, which, in turn, have increased the share of wood fuels market during the forecast period. Technavio’s analysts have predicted that the wood fuels market will register a CAGR of nearly 9% by 2023.

Market Overview

Increasing the use of biomass fuels

One of the growth drivers of the global wood fuels market is the increasing use of biomass fuels. The increasing adoption of biomass fuel across the globe for power generation will support the growth of the global wood fuels market.

Challenges associated with CHP plants

One of the challenges in the growth of the global wood fuels market is the challenges associated with CHP plants. The challenges associated with the development of CHP plants restrict the growth of the market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the wood fuels market during 2019-2023, view our report.

Competitive Landscape

The market appears to be highly fragmented with the presence of several market players. Organization is focusing on developing top-quality products in minimal time at a low price to remain competitive in the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Wood Fuels Market 2019-2023

Technavio recognizes the following companies as the key players in the global wood fuels market: Drax Group plc, Enviva Partners, LP, Fram Fuels, Oji Forest & Products Co., Ltd., and Pinnacle Renewable Energy Inc.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the rising popularity of distributed energy generation.”

According to the report, one of the major drivers for this market is the increasing use of biomass fuels.

Further, the report states that one of the major factors hindering the growth of this market is the challenges associated with CHP plants.

Companies Mentioned

Drax Group plc

Enviva Partners, LP

Fram Fuels

Oji Forest & Products Co.,Ltd.

Pinnacle Renewable Energy Inc.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global renewable energy market
      • Table Segments of global renewable energy market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Wood pellets - Market size and forecast 2018-2023
      • Table Wood pellets - Market size and forecast 2018-2023 ($ billions)
      • Table Wood pellets - Year-over-year growth 2019-2023 (%)
    • Wood chips - Market size and forecast 2018-2023
      • Table Wood chips - Market size and forecast 2018-2023 ($ billions)
      • Table Wood chips - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ billions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ billions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing use of biomass district heating
    • Declining investments in coal industry
    • Rising popularity of distributed energy generation
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Drax Group plc
      • Table Drax Group plc - Vendor overview
      • Table Drax Group plc - Business segments
      • Table Drax Group plc - Organizational developments
      • Table Drax Group plc - Segment focus
      • Table Drax Group plc - Key offerings
    • Enviva Partners, LP
      • Table Enviva Partners, LP - Vendor overview
      • Table Enviva Partners, LP - Organizational developments
      • Table Enviva Partners, LP - Key offerings
    • Fram Fuels
      • Table Fram Fuels - Vendor overview
      • Table Fram Fuels - Key offerings
    • Oji Forest & Products Co.,Ltd.
      • Table Oji Forest & Products Co.,Ltd. - Vendor overview
      • Table Oji Forest & Products Co.,Ltd. - Key offerings
    • Pinnacle Renewable Energy Inc.
      • Table Pinnacle Renewable Energy Inc. - Vendor overview
      • Table Pinnacle Renewable Energy Inc. - Business segments
      • Table Pinnacle Renewable Energy Inc. - Organizational developments
      • Table Pinnacle Renewable Energy Inc. - Geographic focus
      • Table Pinnacle Renewable Energy Inc. - Segment focus
      • Table Pinnacle Renewable Energy Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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