The wood pellets market is segmented on the lines of its application and regional. Under application segmentation wood pellets market covers power plants and heating. The wood pellet market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
The wood pellets market is expected to exceed more than US$ 22.0 Billion by 2024 growing at a CAGR of more than 14% in the given forecast period 2018 to 2024.
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Wood pellets are a form of biomass fuel produced from wood waste products, sawdust, industrial byproducts and forestry wastes. The virgin trees are specially grown for producing pellets. The shape of wood pellets is cylindrical in shape and having diameter between 6-12m.m and length is 1-3c.m. After manufacturing of wood pellets it should be used as fuel for commercial building, homes or in power plants. Wood pellets are dry, easy to store and hydraulic rate of wood pellets is stable as compare to other biomass fuel. It has high energy density so it can be transported long distance at once. Wood pellets is burnt it generates very small amount of carbon dioxide that is CO2 so this fuel broadly standardized as more eco friendly fuels.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Andritz AG, Drax Group plc, EnitoSingpelletPte Ltd, Enviva LP, F.E. Wood & Sons, German Pellets GmbH, Georgia Biomass, LLC, Allance Pellet Machinery, The Westervelt Company, Pinnacle Renewable Energy Group, Rentech, Inc., Energex, and Wood Pellet Energy (UK) LTD.. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.
The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.
The Wood Pellets Market has been segmented as below:
The wood pellets market is segmented on the lines ofApplication Analysis and Geographical Analysis.By Application Analysisthis market is segmented on the basis ofPower Plants and Heating.
By Geographical Analysisthis market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
This report provides:
1) An overview of the global market for wood pellets and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for wood pellets
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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Reasons to Buy this Report:
1) Obtain the most up to date information available on all Wood Pellets Market globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of coating industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.
The major driving factors of wood pellets market are as follows:
Government rules and contract
Financial inducement by centralized agencies
Long term supply
Low price of wood pellets
The restraining factors of wood pellets market are as follows:
Flue Gas Release during Storage of Wood Pellets.
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