Global Industrial Wood Pellet Market Report By Application (Power Generation, Combine Heat & Power (CHP), By Feedstock (Forest Waste, Agriculture Waste, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214478
March 2021
Report Formats:

Global Industrial Wood Pellet Market Overview
The key driver impacting the industrial wood pellet market is the rising environmental concerns over carbon emissions and increasing wood pellet consumption globally. For instance, as per the European Pellet Council, The global consumption of wood pellets reached 35 million tonnes in 2018, or +14% than its level of 2017. Including China, it would have an overall total of 52.746.706 tonnes. Europe is the largest pellet consumer globally, with 27 million tonnes of pellets being consumed every year. In 2018, the EU28 observed substantial growth of about 2 million tonnes, with the industrial use of pellets being led by the U.K. Europe, with a total production volume of about 20,1 million tonnes (16,9 million for the EU28), it solely supplies 74% of its pellet use (65% for EU28). The largest pellet-fired power plant is the DRAX power plant in the U.K alone utilizes 4.5 million tonnes of pellets annually for generating renewable electricity. The pellets used at DRAX minimizes CO2  emissions by 80% when compared to coal alone. Moreover, the growing demand for these pellets from various end-user industries contributes to market growth in the forecast period. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2020 and foreseen to grow with a CAGR of XX% during 2021-2027.

According to Value Market Research, the global Industrial wood pellet market size was valued at around USD 5750 in 2020 and is estimated to grow at a CAGR of about 8.25% during the forecast period 2021 to 2027.

The increasing initiatives from governments towards adopting biofuels worldwide promoting biofuel to reduce carbon emissions among industries worldwide are estimated to augment industrial wood pellet demand in the forecast period. For instance, in May 2018, the Indian government approved the National Policy on Biofuels, intending to promote the use of biofuels. In 2019, the Environmental Protection Agency (EPA) intended to augment the advanced biofuel mandate in 2020 (+0.6 bln L) and maintain biodiesel sub-mandate in 2021. However, fulfilling certification criteria may hamper the market in the long run. Also, a gradual reduction in sawmill residue is negatively impacting the market growth. The current industry trends, such as favorable government initiatives and global agreements supporting renewable sources of energy and high demand for electricity in the industrial sector, are expected to provide market players with new market opportunities.

The industrial wood pellet market is vast, with many local and global players. The industrial wood pellet market is extensive, with many local and international players. The key leaders follow different strategies to advance their market position, such as extending product portfolio, amalgamation, contracts, product upgrades, and acquisitions, to enlarge their market share across the globe. For instance, in July 2019, Pinnacle Renewable Energy did a limited partnership contract with Tolko Industries Ltd. to construct a new industrial wood pellet production facility in Alberta. The significant players studied in the report are Drax Group (U.K), Pinnacle Renewable Energy Group, Fram Renewables Fuels LLC, Thunderbolt Biomass Inc., Bluesky Biomass, An Viet Phat Group, Enviva, The Westervelt Company, AS Graanul Invest, An Viet Phat Group, and Others.

Global Industrial Wood Pellet Market Share

In this research report, the industrial wood pellet market is segmented by application, feedstock, and region.

Analysis by Application:
By applications, the report is categorized into power generation, combined heat & power (CHP). The power generation sector dominates the application segment with over 55% share in 2020. It is due to the rising demand Clean combustion of wood pellets contributes to its application in pellet stoves and pellet fireplaces. Moreover, the favorable government policies related to the usage of efficient and effective technologies such as pellet stoves rather than coal for minimizing the emissions from domestic coal and wood heating devices contribute to the high demand from power generation applications in the forecast period.

Analysis by Feedstock:
By Feedstock, the report is categorized into forest waste, agriculture waste, and others. Agriculture waste dominates the feedstock segment with over 30% share in 2020. It is due to the growth in agricultural production and the subsequent need to search for alternative uses of the generated wastes. Moreover, agricultural waste is economical, clean, and easy to operate and agricultural waste has high ash content, contribute to the high demand for parabolic trough technology in the forecast period.

Analysis by Region:
In the regional outlook of the global industrial wood pellet market, the Europe region dominates globally with a 35% market share during the forecast period. It is due to the high consumption of pellet-based energy in the U.K. Moreover, the high demand from large-scale power plants in countries including the U.K., Belgium, and the Netherlands contributes to its growth across Europe.

Market Segmentation covered in the Report:
 By Application
  • Power Generation
  • Combine Heat & Power (CHP)
By Feedstock
  • Forest Waste
  • Agriculture Waste
  • Others
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.   

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . INDUSTRIAL WOOD PELLET – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Application
           3.7.2 By Feedstock
           3.7.3 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL INDUSTRIAL WOOD PELLET MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Historical and Forecast Data
       6.3 Analysis by Application
       6.4 Power Generation Market by Regions
       6.6 Combine Heat & Power (CHP) Market by Regions
 
7 . GLOBAL INDUSTRIAL WOOD PELLET MARKET ANALYSIS BY FEEDSTOCK
       7.1 Overview by Feedstock
       7.2 Historical and Forecast Data
       7.3 Analysis by Feedstock
       7.4 Forest Waste Market by Regions
       7.5 Agriculture Waste Market by Regions
       7.6 Others Market by Regions
 
8 . GLOBAL INDUSTRIAL WOOD PELLET MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview, Historic and Forecast Data
           8.3.2. North America By Segment
           8.3.3. North America By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview, Historic and Forecast Data
           8.4.2. Europe by Segment
           8.4.3. Europe by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview, Historic and Forecast Data
           8.5.2. Asia Pacific by Segment
           8.5.3. Asia Pacific by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview, Historic and Forecast Data
           8.6.2. Latin America by Segment
           8.6.3. Latin America by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview, Historic and Forecast Data
           8.7.2. Middle East & Africa by Segment
           8.7.3. Middle East & Africa by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE INDUSTRIAL WOOD PELLET COMPANIES
       9.1. Industrial Wood Pellet Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF INDUSTRIAL WOOD PELLET INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Drax Group (U.K)
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Pinnacle Renewable Energy Group
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Fram Renewables Fuels LLC
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Thunderbolt Biomass Inc.
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Bluesky Biomass
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. An Viet Phat Group
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. Enviva
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. The Westervelt Company
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
       10.11. AS Graanul Invest
           10.11.1. Company Overview
           10.11.2. Financials
           10.11.3. Products
           10.11.4. Recent Developments
       10.12. An Viet Phat Group
           10.12.1. Company Overview
           10.12.2. Financials
           10.12.3. Products
           10.12.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Application (Kilo Tons and USD MN)
  •  Power Generation Market by Geography (Kilo Tons and USD MN)
  •  Combine Heat & Power (CHP) Market by Geography (Kilo Tons and USD MN)
  •  Analysis Market by Feedstock (Kilo Tons and USD MN)
  •  Forest Waste Market by Geography (Kilo Tons and USD MN)
  •  Agriculture Waste Market by Geography (Kilo Tons and USD MN)
  •  Others Market by Geography (Kilo Tons and USD MN)
  •  Global Industrial Wood Pellet Market by Geography (Kilo Tons and USD MN)
  •  North America Market Analysis (Kilo Tons and USD MN)
  •  United State Market Analysis (Kilo Tons and USD MN)
  •  Canada Market Analysis (Kilo Tons and USD MN)
  •  Mexico Market Analysis (Kilo Tons and USD MN)
  •  Europe Market Analysis (Kilo Tons and USD MN)
  •  Europe Market Estimate by Country (Kilo Tons and USD MN)
  •  United Kingdom Market Analysis (Kilo Tons and USD MN)
  •  France Market Analysis (Kilo Tons and USD MN)
  •  Germany Market Analysis (Kilo Tons and USD MN)
  •  Italy Market Analysis (Kilo Tons and USD MN)
  •  Russia Market Analysis (Kilo Tons and USD MN)
  •  Spain Market Analysis (Kilo Tons and USD MN)
  •  Rest of Europe Market Analysis (Kilo Tons and USD MN)
  •  Asia Pacific Market Analysis (Kilo Tons and USD MN)
  •  China Market Analysis (Kilo Tons and USD MN)
  •  Japan Market Analysis (Kilo Tons and USD MN)
  •  India Market Analysis (Kilo Tons and USD MN)
  •  South Korea Market Analysis (Kilo Tons and USD MN)
  •  Australia Market Analysis (Kilo Tons and USD MN)
  •  Rest of Asia Pacific Market Analysis (Kilo Tons and USD MN)
  •  Latin America Market Analysis (Kilo Tons and USD MN)
  •  Brazil Market Analysis (Kilo Tons and USD MN)
  •  Argentina Market Analysis (Kilo Tons and USD MN)
  •  Peru Market Analysis (Kilo Tons and USD MN)
  •  Chile Market Analysis (Kilo Tons and USD MN)
  •  Rest of Latin America Market Analysis (Kilo Tons and USD MN)
  •  Middle East & Africa Market Analysis (Kilo Tons and USD MN)
  •  Saudi Arabia Market Analysis (Kilo Tons and USD MN)
  •  UAE Market Analysis (Kilo Tons and USD MN)
  •  Israel Market Analysis (Kilo Tons and USD MN)
  •  South Africa Market Analysis (Kilo Tons and USD MN)
  •  Rest of Middle East and Africa Market Analysis (Kilo Tons and USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Industrial Wood Pellet Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Industrial Wood Pellet Market Size, by Region (Kilo Tons and USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Feedstock
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Application (Kilo Tons and USD MN)
  •  Power Generation Market by Geography (Kilo Tons and USD MN)
  •  Combine Heat & Power (CHP) Market by Geography (Kilo Tons and USD MN)
  •  Global Market Analysis by Feedstock (Kilo Tons and USD MN)
  •  Forest Waste Market by Geography (Kilo Tons and USD MN)
  •  Agriculture Waste Market by Geography (Kilo Tons and USD MN)
  •  Others Market by Geography (Kilo Tons and USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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