Global Wood Pellets Market to Reach US$20 bn by 2023, Driven by Increasing Demand from Power Plants

Transparency Market
Research
Wood Pellets Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
Published Date
30-July-2015
117 Page Report
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Press Release
Wood Pellets Market is Projected to Reach USD 20,073.1 Million by
2023:Transparency Market Research
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Wood Pellets Market
REPORT DESCRIPTION
Wood Pellets Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015
- 2023
Transparency Market Research has released a new market research report titled Wood Pellets Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023. According to the report,The
global wood pellets market was valued at USD 6,260.1 million in 2014 and is anticipated to reach USD
20,073.1 million by 2023, expanding at a CAGR of 14.1% between 2015 and 2023.
Browse Wood Pellets Market Report with Full TOC at
http://www.transparencymarketresearch.com/wood-pellet-market.html
Wood pellets production has increased substantially in the past few years, owing to the stringent emission
norms in Europe and North America. High energy density and easy availability are some of the advantages
of wood pellets that facilitate their international trade. Efforts to increase the use of renewable
technologies for both heat and power generation are expected to provide a major boost to the wood
pellets market. Government support in countries such as the U.K., Sweden, China, and South Korea is
expected to foster additional growth in the wood pellets market.
Efforts by wood pellets manufacturing companies and public institutions to remove existing growth barriers
are expected to be scaled up in the near future. This would induce substantial growth in the wood pellets
market in certain regions such as Europe. Furthermore, targets set by the European member states to
reduce carbon emissions and build a low carbon economy are anticipated to augment the wood pellets
market in Europe. Use of wood pellets as an energy source can provide numerous energy, economic,
employment, and environmental benefits.
The heating application segment dominated the wood pellets market in 2014. The segment is expected to
continue to dominate the market during the forecast period. The wood pellets market is established
successfully, owing to the various incentives, such as feed-in tariffs, renewable portfolio standards, capital
grants, and green certificate trading, provided for biomass-fired heat and power generation. According to
current estimates, heating was the largest application segment of the wood pellets market, accounting for
nearly 70% share in 2014.
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.
The global wood pellets market has been segmented as follows:
Global Wood Pellets Market: Application Segment Analysis
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Wood Pellets Market
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Power Plants
•
Heating
Global Wood Pellets Market: Regional Segment Analysis
North America
•
U.S.
•
Canada
Europe
•
U.K.
•
Italy
•
Sweden
•
Denmark
•
Germany
•
Rest of Europe
Asia Pacific
•
China
•
Japan
•
South Korea
•
Rest of Asia Pacific
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Wood Pellets Market
Middle East and Africa (MEA)
•
South Africa
•
Rest of MEA
Central and South America (CSA)
•
Brazil
•
Rest of CSA
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global Wood Pellets Market
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Wood Pellets Market
Chapter 3 Wood Pellets Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Government Policies and Agreements
3.3.2 Financial Incentives by Federal Agencies
3.3.3 Long-term Supply and Low Cost of Wood Pellets
3.4 Market Restraints
3.4.1 Flue Gas Release during Storage of Wood Pellets
3.5 Market Opportunity
3.5.1 Wood Pellets offer Environmental Advantages over Traditional Fuels
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Degree of Competition
3.6.5 Threat of Substitutes
Chapter 4 Global Wood Pellets Market – Application Analysis
4.1 Global Wood Pellets Market: Application Overview
4.1.1 Global Wood Pellets Market Revenue Estimates and Forecast, by Application, 2014 & 2023 (USD
Million)
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4.2 Power Plants
4.2.1 Global Power Plant Application Revenue Estimates and Forecast for Wood Pellets Market, 2014 –
2023 (USD Million) (Million Tons)
4.2.2 Global Power Plant Application Volume Estimates and Forecast for Wood Pellets Market, by
Region, 2014 – 2023 (Million Tons)
4.2.3 Global Power Plant Application Revenue Estimates and Forecast for Wood Pellets Market, by
Region, 2014 – 2023 (USD Million)
4.3 Heating
4.3.1 Global Heating Application Revenue and Volume Estimates and Forecast for Wood Pellets
Market, 2014 – 2023 (USD Million) (Million Tons)
4.3.2 Global Heating Application Volume Estimates and Forecast for Wood Pellets Market, by
Region, 2014 – 2023 (Million Tons)
4.3.3 Global Heating Application Revenue Estimates and Forecast for Wood Pellets Market, by
Region, 2014 – 2023 (USD Million)
Chapter 5 Global Wood Pellets Market – Regional Analysis
5.1 Global Wood Pellets Market: Regional Overview
5.1.1 Global Wood Pellets Market, Volume Share by Region, 2014 and 2023
5.2 North America
5.2.1 North America Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 –
2023 (Million Tons) (USD Million)
5.2.2 U.S.
5.2.3 U.S. Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 – 2023 (Million
Tons) (USD Million)
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5.2.3.1 U.S. Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 – 2023
(Million Tons) (USD Million)
5.2.4 Canada
5.2.5 Canada Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 – 2023
(Million Tons) (USD Million)
5.2.5.1 Canada Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 –
2023 (Million Tons) (USD Million)
5.2.6 North America Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 –
2023, (Million Tons), (USD Million)
5.3 Europe
5.3.1 Europe Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 – 2023
(Million Tons) (USD Million)
5.3.2 U.K.
5.3.2.1 U.K. Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 – 2023
(Million Tons) (USD Million)
5.3.2.2 U.K. Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 – 2023
(Million Tons) (USD Million)
5.3.3 Italy
5.3.3.1 Italy Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 – 2023
(Million Tons) (USD Million)
5.3.3.2 Italy Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 – 2023,
(Million Tons), (USD Million)
5.3.4 Sweden
5.3.4.1 Sweden Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 –
2023 (Million Tons) (USD Million)
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5.3.4.2 Sweden Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 –
2023 (Million Tons) (USD Million)
5.3.5 Denmark
5.3.5.1 Denmark Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 –
2023 (Million Tons) (USD Million)
5.3.5.2 Denmark Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 –
2023, (Million Tons), (USD Million)
5.3.6 Germany
5.3.6.1 Germany Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 –
2023 (Million Tons) (USD Million)
5.3.6.2 Germany Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 –
2023 (Million Tons) (USD Million)
5.3.7 Rest of Europe
5.3.7.1 Rest of Europe Wood Pellets Market Estimates and Forecast, By Volume and Revenue,
2014 – 2023 (Million Tons) (USD Million)
5.3.7.2 Rest of Europe Wood Pellets Market Estimates and Forecast, by Application Segment,
2014 – 2023 (Million Tons) (USD Million)
5.3.8 Europe Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 – 2023
(Million Tons) (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 – 2023
(Million Tons) (USD Million)
5.4.2 China
5.4.2.1 China Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 –
2023 (Million Tons) (USD Million)
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5.4.2.2 China Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 – 2023
(Million Tons) (USD Million)
5.4.3 Japan
5.4.3.1 Japan Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 –
2023 (Million Tons) (USD Million)
5.4.3.2 Japan Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 – 2023
(Million Tons) (USD Million)
5.4.4 South Korea
5.4.4.1 South Korea Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014
– 2023 (Million Tons) (USD Million)
5.4.4.2 South Korea Wood Pellets Market Estimates and Forecast, by Application Segment, 2014
– 2023 (Million Tons) (USD Million)
5.4.5 Rest of Asia Pacific
5.4.5.1 Rest of Asia Pacific Wood Pellets Market Estimates and Forecast, By Volume and
Revenue, 2014 – 2023 (Million Tons) (USD Million)
5.4.5.2 Rest of Asia Pacific Wood Pellets Market Estimates and Forecast, by Application Segment,
2014 – 2023 (Million Tons) (USD Million)
5.4.6 Asia Pacific Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 – 2023
(Million Tons) (USD Million)
5.5 Middle East and Africa (MEA)
5.5.1 Middle East and Africa (MEA) Wood Pellets Market Estimates and Forecast, By Volume and
Revenue, 2014 – 2023 (Million Tons) (USD Million)
5.5.2 South Africa
5.5.2.1 South Africa Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014
– 2023 (Million Tons) (USD Million)
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5.5.2.2 South Africa Wood Pellets Market Estimates and Forecast, by Application Segment, 2014
– 2023, (Million Tons), (USD Million)
5.5.3 Rest of MEA
5.5.3.1 Rest of MEA Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014
– 2023 (Million Tons) (USD Million)
5.5.3.2 Rest of MEA Wood Pellets Market Estimates and Forecast, by Application Segment, 2014
– 2023 (Million Tons) (USD Million)
5.5.4 Middle East and Africa Wood Pellets Market Estimates and Forecast, by Application Segment,
2014 – 2023 (Million Tons) (USD Million)
5.6 Central and South America (CSA)
5.6.1 Central and South America Wood Pellets Market Estimates and Forecast, By Volume and
Revenue, 2014 – 2023 (Million Tons) (USD Million)
5.6.2 Brazil
5.6.2.1 Brazil Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014 –
2023 (Million Tons) (USD Million)
5.6.2.2 Brazil Wood Pellets Market Estimates and Forecast, by Application Segment, 2014 – 2023
(Million Tons) (USD Million)
5.6.3 Rest of CSA
5.6.3.1 Rest of CSA Wood Pellets Market Estimates and Forecast, By Volume and Revenue, 2014
– 2023 (Million Tons) (USD Million)
5.6.3.2 Rest of CSA Wood Pellets Market Estimates and Forecast, by Application Segment, 2014
– 2023, (Million Tons), (USD Million)
5.6.4 Central and South America Wood Pellets Market Estimates and Forecast, by Application
Segment, 2014 – 2023 (Million Tons) (USD Million)
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Chapter 6 Company Profiles
6.1 Andritz AG
6.1.1 Company Overview
6.1.2 Financial Overview
6.1.3 Business Strategy
6.1.4 Recent Developments
6.2 Drax Group plc
6.2.1 Company Overview
6.2.2 Financial Overview
6.2.3 Business Strategy
6.2.4 Recent Developments
6.3 Enito Singpellet Pte Ltd
6.3.1 Company Overview
6.3.2 Financial Overview
6.3.3 Business Strategy
6.3.4 Recent Developments
6.4 Enviva LP
6.4.1 Company Overview
6.4.2 Financial Overview
6.4.3 Business Strategy
6.4.4 Recent Developments
6.5 F.E. Wood & Sons
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Wood Pellets Market
6.5.1 Company Overview
6.5.2 Financial Overview
6.5.3 Business Strategy
6.5.4 Recent Developments
6.6 German Pellets GmbH
6.6.1 Company Overview
6.6.2 Financial Overview
6.6.3 Business Strategy
6.6.4 Recent Developments
6.7 Georgia Biomass, LLC
6.7.1 Company Overview
6.7.2 Financial Overview
6.7.3 Business Strategy
6.7.4 Recent Developments
6.8 Allance Pellet Machinery
6.8.1 Company Overview
6.8.2 Financial Overview
6.8.3 Business Strategy
6.8.4 Recent Developments
6.9 The Westervelt Company
6.9.1 Company Overview
6.9.2 Financial Overview
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Wood Pellets Market
6.9.3 Business Strategy
6.9.4 Recent Developments
6.10 Pinnacle Renewable Energy Group
6.10.1 Company Overview
6.10.2 Financial Overview
6.10.3 Business Strategy
6.10.4 Recent Developments
6.11 Rentech, Inc.
6.11.1 Company Overview
6.11.2 Financial Overview
6.11.3 Business Strategy
6.11.4 Recent Developments
6.12 Energex
6.12.1 Company Overview
6.12.2 Financial Overview
6.12.3 Business Strategy
6.12.4 Recent Developments
6.13 Wood Pellet Energy (UK) LTD
6.13.1 Company Overview
6.13.2 Financial Overview
6.13.3 Business Strategy
6.13.4 Recent Developments
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The global wood pellets market is expected to expand at a 14.10% CAGR during the period from 2015 to 2023. The report, titled ‘Wood Pellets Market, by Application - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023’, states that the global wood pellets market was valued at US$6.2 bn in 2014 and is predicted to be valued at US$20 bn by 2023. Increase in use of wood pellets in power plants and heating plants will enable rapid development of the global wood pellets market during the forecast period. In-depth research report on Wood Pellets Market with Full TOC at : http://www.transparencymarketresearch.com/wood-pellet-market.html