Wood pellets production has increased substantially in the past few years, owing to the implementation of stringent emission norms in Europe and North America. High energy density and easy availability are some of the advantages that facilitate international trade of wood pellets. Growing concerns regarding greenhouse gas emissions (GHGs) have promoted the use of wood pellets as substitutes to fossil fuels for heat and power generation.
Albany, NY -- (SBWIRE) -- 03/16/2016 -- The research study is designed to analyze the global wood pellets market. The market is calculated in terms of volume (Million Tons) and revenue (USD Million) based on the consumption of wood pellets. The market for wood pellets has been segmented on the basis of application and geography. The global wood pellets market, based on application, has been segmented into power plants and heating.
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The regional segments included in this study are North America, Europe, Asia Pacific, Middle East and Africa, and Central and South America. These regional segments are further divided into country-wise sub-segments. The report provides a detailed growth forecast for the 2015-2023 period, considering 2014 as the base year. Projections have been provided for both volume (Million Tons) and revenue (USD Million), considering the consumption of wood pellets.
The report includes the key market dynamics affecting the demand for wood pellets. As a part of our market dynamics analysis, we have analyzed the market drivers, market restraints, and market opportunities. A comprehensive competitive landscape, which includes market attractiveness analysis, has also been provided in this report. The report also provides a detailed industry analysis of the global wood pellets market with the help of Porter's Five Forces model. The Porter's Five Forces analysis aids in understanding the five major forces that affect the industry structure and profitability of the global wood pellets market. The forces analyzed are the bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.
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The study also includes the value chain of the global wood pellets market which provides a glimpse of key suppliers, manufacturers, distribution channel as well as interaction of suppliers and buyers with end-users. The market attractiveness analysis involves benchmarking and ranking each application and region on the basis of numerous parameters. The parameters selected are likely to have a pronounced effect on the demand for each application in the current scenario as well as in the near future.
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Key participants in the global wood pellets market include Andritz AG, Drax Group plc, Enito Singpellet Pte 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. The report provides an overview of these companies, followed by their financial revenues, business strategies, and recent developments.
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