Wood Pellet Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32 PowerPoint PPT Presentation

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Title: Wood Pellet Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32


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Global Wood Pellet Market Research and Forecast
Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
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About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
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Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Wood Pellet Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2024-2032," the global wood pellet
    market size reached US 13.3 Billion in 2023.
  • Wood pellets are a type of biomass fuel made from
    compressed sawdust, wood shavings, or other wood
    residues. These small cylindrical pellets
    typically measure about 6-8 millimeters in
    diameter and 10-30 millimeters in length. Wood
    pellets are manufactured through a process called
    pelletization, where the raw wood materials are
    ground into a fine powder, dried, and then
    compressed at high pressure to form dense
    pellets. Wood pellets have gained popularity as a
    sustainable and environmentally friendly
    alternative to traditional fossil fuels like coal
    and oil.
  • They are considered a renewable energy source
    because they are made from wood, a natural and
    abundant resource. The combustion of wood pellets
    releases carbon dioxide, but this is offset by
    the carbon dioxide absorbed by the trees during
    their growth, thus making wood pellets a
    carbon-neutral fuel source. Wood pellets are
    primarily used for heating purposes, especially
    in residential pellet stoves and boilers. They
    are also used in industrial settings for power
    generation and as a cost-effective fuel in some
    large-scale heating systems.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/wood-pellet-market/requ
    estsample

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Report Description
  • Global Wood Pellet Market Trends
  • Government incentives and renewable energy
    targets facilitate the use of biomass fuels like
    wood pellets, which represents one of the key
    factors driving the growth of the market across
    the globe. Subsidies, tax credits, and mandates
    for renewable energy adoption are promoting the
    market growth. Wood pellets are considered
    carbon-neutral because the carbon dioxide
    released during combustion is offset by the
    carbon dioxide absorbed by the trees during their
    growth. This environmental benefit aligns with
    global efforts to mitigate climate change. Wood
    pellets have a high energy density, which makes
    them an efficient and cost-effective heating
    source for residential and industrial
    applications. This energy efficiency drives the
    adoption of wood pallets. Wood pellets often
    provide cost savings as compared to fossil fuels
    like heating oil or natural gas, especially in
    regions with abundant forest resources which
    makes wood pellets an attractive choice, thus
    fueling the growth of the market. The rising use
    of wood pellets for heating and energy production
    reduces greenhouse gas emissions as compared to
    coal or oil, aligning with emissions reduction
    goals and air quality improvement which is
    propelling the growth of the market. The growing
    consumer awareness of pellet stoves and boilers
    as efficient and clean heating options for homes
    is driving the demand for wood pellets in the
    residential sector. The rising use of wood
    pallets in various industrial processes,
    including power generation and district heating,
    as an environmentally friendly and sustainable
    fuel source is facilitating the growth of the
    market. Advances in pellet production technology
    are improving the quality and consistency of wood
    pellets, thus making them more appealing to
    consumers and industries. Looking forward, the
    market value is projected to reach US 22.2
    Billion by 2032, expanding at a CAGR of 5.7
    during 2024-2032.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/wood-pellet-market

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Report Segmentation
  • Breakup by Feedstock Type
  • Forest Wood and Waste
  • Agriculture Residue
  • Others
  •  
  • Breakup by Application
  • Power Plants
  • Residential Heating
  • Commercial Heating
  • Combined Heat and Power (CHP)
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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Competitive Landscape with Key Players
  • Andritz AG
  • Asia Biomass Public Company Limited
  • Drax Group PLC
  • Energex
  • Enviva LP
  • Fram Renewable Fuels LLC
  • Land Energy Limited
  • Lignetics Inc.
  • Mallard Creek Inc.
  • Pacific BioEnergy Corporation
  • Stora Enso Oyj
  • Svenska Cellulosa Aktiebolaget
  • Tanac S.A.

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Key Questions Answered in the Report
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Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Wood Pellet Market 
      5.1    Market Overview    5.2    Market
    Performance    5.3    Impact of COVID-19  5.4
       Market Forecast
  • 6     Market Breakup by Feedstock Type    6.1  
     Forest Wood and Waste        6.1.1 Market
    Trends        6.1.2 Market Forecast    6.2  
     Agriculture Residue        6.2.1 Market
    Trends        6.2.2 Market Forecast    6.3  
     Others        6.3.1 Market Trends        6.3.2
    Market Forecast7   Market Breakup by
    Application       

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Table of Contents
  •     7.1    Power Plants        7.1.1 Market
    Trends        7.1.2 Market Forecast    7.2  
     Residential Heating        7.2.1 Market
    Trends        7.2.2 Market Forecast    7.3  
     Commercial Heating        7.3.1 Market Trends 
          7.3.2 Market Forecast    7.4    Combined
    Heat and Power (CHP)        7.4.1 Market
    Trends        7.4.2 Market Forecast    7.5  
     Others        7.5.1 Market Trends        7.5.2
    Market Forecast8   Market Breakup by Region   
    8.1    North America        8.1.1 United
    States           8.1.1.1 Market Trends         
     8.1.1.2 Market Forecast        8.1.2 Canada   
           8.1.2.1 Market Trends           8.1.2.2
    Market Forecast    8.2    Asia-Pacific       
    8.2.1 China           8.2.1.1 Market Trends   
           8.2.1.2 Market Forecast        8.2.2
    Japan           8.2.2.1 Market Trends         
     8.2.2.2 Market Forecast
  • For more information, visit https//www.imarcgrou
    p.com/wood-pellet-market/toc

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Disclaimer
  • 2023 IMARC All Rights Reserved
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    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
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    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
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