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Wood-Pellets Market Is Expected to Reach 5060 Million US$ by 2025 – QY Research

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City of Industry, CA -- (SBWIRE) -- 09/20/2018 -- This study focuses on the production side and consumption side of Wood-Pellets, presents the global Wood-Pellets market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Wood-Pellets capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Wood-Pellets by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Wood pellet is a solid fuel that is produced by crushing and densifying waste timber like sawdust, forestry residues, industrial byproducts like old paper and forestry wastes. The length is 1-2 cm and the diameter is generally 6, 8, 10, or 12mm. It is possible to produce 25mm wood pellet at maximum. In Sweden, 6mm wood pellet is encouraged to use in house as it can realize the best condition of combustion. Wood pellet production doesn't need to add binder as lignin, an element of wood, plays a role of binder and helps to pelletize when it is melted by heat.

The global average price of wood pellets went up in 2012-2014 but declined in 2014-2016, from about 172 $/MT in 2012 to 188 $/MT in 2014 and . And the price rose up in 2017.

North America (USA and Canada) is the biggest producer for wood pellets, and produced about 11.6 billion MT (more than 48% of the global total) of wood pellets in 2016. Europe is the other key producer of the wood pellets market with the share of about 33%. USA, Canada, Germany, Russia, Latvia, and China, etc. are other key country producers of the product, the five took up more than 70% of the market.

Europe and North America are the two largest consumption markets of wood pellets in the world in the past few years and it will keep the same position in the next years. Sales volume of the Europe took up about 58% the global market in 2016 while North America took up about 20%. And North America is the largest exporter of Wood pellets in the world at present. China is the third largest market in the report with a consumption share of about 8% in 2016. Other key markets are Korea, Japan, etc. which have the large potential demand.

The Wood-Pellets market was valued at 3870 Million US$ in 2017 and is projected to reach 5060 Million US$ by 2025, at a CAGR of 3.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Wood-Pellets.

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This report includes the following manufacturers; we can also add the other companies as you want.

German Pellets

Enviva

Pinnacle

Vyborgskaya Cellulose

Rentech

Innogy (RWE)

Graanul Invest Group

Green Circle Bio Energy

Zilkha Biomass Energy

Canfor

General Biofuels

BlueFire Renewables

Pacific BioEnergy

Protocol Energy

PFEIFER

Biomass Secure Power

Viridis Energy

Westervelt

New Biomass Holding

Energex

Lignetics

Equustock

Fram Renewable Fuels

Bear Mountain Forest Products

RusForest

Neova

Drax Biomass International

Enova Energy Group

Aoke Ruifeng

DEVOTION

Dalin Biological

Senon Renewable Energy

Xirui New Energy

Weige Bio-tech Energy

Jianghe Biomass Energy

Huinan Hongri

Market Segment by Product Type

White Pellet

Black Pellet

Market Segment by Application

Power Generation

Industrial Furnace

Civil Use

Others

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