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The global wood pellets market size grew from $9.55 billion in 2022 to $10.7 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%.
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Wood Pellets Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032 © The Business Research Company. All Rights Reserved.
Wood Pellets Market Segments The Business Research Company segments it’s Wood Pellets market report as: Forest And Wood Waste Resources, Agricultural Residue and Waste, Food Waste, Virgin Lumber, Energy Crops By Feedstock Sawdust Preparation, Screening, Hammering, Pelletizing, Cooling And Packaging By Production Process Heating, Power Generation, Combined Heat And Power (CHP) By Application Residential, Commercial, Industrial By End-User © The Business Research Company. All Rights Reserved.
Wood Pellets Market Statistics The global wood pellets market size grew from $9.55 billion in 2022 to $10.7 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The wood pellets market size is expected to grow to $15.99 billion in 2027 at a CAGR of 10.6%. Global Wood Pellets Market Size Forecast To 2032 15.99 10.7 9.55 2022 2023 2027 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers Increasing global demand for renewable energy is expected to propel the growth of the wood pellets market going forward. Trends Technological advancements have emerged as the key trend gaining popularity in the wood pellets market. Region Europe was the largest region in the wood pellets market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the wood pellets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Wood Pellets market are: ▪ Enviva Inc ▪ Energex American Inc. ▪ Graanul Invest ▪ Pinnacle Renewable Energy ▪ Fram Fuels ▪ And more. Get More Information On The Wood Pellets Market Report © The Business Research Company. All Rights Reserved.
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