How big is the Wood Pellet Market?

The Wood Pellet Market size is expected to reach USD 13.89 billion in 2024 and grow at a CAGR of 7.15% to reach USD 19.61 billion by 2029. Read More

What is the current Wood Pellet Market size?

In 2024, the Wood Pellet Market size is expected to reach USD 13.89 billion. Read More

Who are the key players in Wood Pellet Market?

Enviva Partners LP, AS Graanul Invest, Drax Group Plc, Fram Renewable Fuels LLC and Segezha Group JSC are the major companies operating in the Wood Pellet Market. Read More

Which is the fastest growing region in Wood Pellet Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Wood Pellet Market?

In 2024, the Europe accounts for the largest market share in Wood Pellet Market. Read More

What years does this Wood Pellet Market cover, and what was the market size in 2023?

In 2023, the Wood Pellet Market size was estimated at USD 12.90 billion. The report covers the Wood Pellet Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Wood Pellet Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major growth trends and factors impacting the Wood Pellets Market?

The major growth trends and factors impacting the Wood Pellets Market are a) Growing shift toward biomass utilization and increasing demand for electricity b) Rising initiatives promoting renewable energy adoption Read More

Which End-use segments are driving the demand for Wood Pellets Market?

The End-use segments driving the demand for Wood Pellets Market are a) Residential b) Commercial c) Industrial Read More

Wood Pellet Market Share

Statistics for the 2023 & 2024 Wood Pellet market share, created by Mordor Intelligence™ Industry Reports. Wood Pellet share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Wood Pellet Industry

The wood pellet market is moderately consolidated. Some of the key players in the market include (in no particular order) Enviva Partners LP, AS Graanul Invest, Drax Group Plc, Fram Renewable Fuels LLC, and Segezha Group JSC, among others.