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<br>The prodigious demand in commercial & residential heating segment is compelling manufacturers to churn out wood pellets extensively through 2029. Consumption of wood pellets in co-firing continues to witness prolific growth. Agricultural residue and wood waste remain the prominent sources of wood pellets, in view of easy availability and lower production cost
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Wood Pellets Market is set to garner staggering revenues by 2029- Future Market Insights March 2020 Report Id : REP-GB-5659 Published On : 3 march, 2020 Category : Chemicals and Materials www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved
Wood Pellets Market The global wood pellets market reached a valuation of US$ 15 Bn in 2019, witnessing a robust growth outlook during the forecast period (2019 - 2029). According to a new study by Future Market Insights (FMI), the market for wood pellets is largely influenced by increasing concerns over environmental pollution. Government incentives towards sustainable products will also remain crucial to market build-up. "Stakeholders in wood pellets market must direct massive pecuniary resources towards R&D activities for product diversification, along with capacity expansion initiatives to fortify competitive ascendancy," reveals the FMI report. Key Research Findings of FMI's Wood Pellets Market Study • The use of wood pellets in co-firing applications will witness prolific growth through the forecast period. • Pellet based power plants are gaining traction over coal based alternatives, bolstering demand in the industrial sector. • Europe accounts for a major revenue share owing to strict emission regulations and the presence of leading manufacturers. • Increasing investments in the renewable energy sector will drive adoption of bio-based wood pellets, particularly in Asia Pacific. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved
Wood Pellets Market Key Growth Drivers - Wood Pellets Market • Growing global adoption of renewable energy plays a major role in the sales of wood pellets. • Favorable government incentives and policies contribute to wood pellets demand. • Characteristics of high combustion efficiency is resulting in an increased replacement rate, contributing to market growth. Key Impediments - Wood Pellets Market • Low fuel prices remain the key challenge to manufacturers active in the wood pellets market. • Costs associated with extensive processing requirements continue to restrict demand growth. Competition Structure Analysis - Wood Pellets Market The competition landscape of wood pellets market remains largely fragmented and competitive. Key producers are also pushing for product and cost differentiation, in addition to research on factors such as melting point, particle density, moisture and ash content, and mechanical durability. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved
Wood Pellets Market Some of the key players in the wood pellets market include, but are not limited to Pinnacle Renewable Energy Inc., Georgia Biomass LLC, Energex, Enviva Partners LP, Andritz AG, and Wood Pellet Energy Ltd. Source of Report : https://www.accesswire.com/578996/Revenue-of-Wood-Pellets-Surpassed-US-15- Bn-in-2019-Co-firing-Applications-Continue-to-Signal-Prolific-Growth-Opportunity-Future-Market- Insights About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved
Wood Pellets Market Contact Us Mr. Abhishek Budholiya 616 Corporate Way, Suite 2-9018 Valley Cottage, NY 10989 United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): +44(0)20-7692-8790 Sales: sales@futuremarketinsights.com Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved
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