NEW YORK, June 28, 2022 /PRNewswire/ — The Wood Pellets Market size is expected to grow by USD 4.13 billion at a CAGR of 7.55% during the forecast period, according to Technavio. The report offers an up-to-date analysis and to know the exact growth variance and the Y-O-Y growth rate Request a sample report.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Binderholz GmbH, Bio Eneco, BioPower Sustainable Energy Corp., ECARE, Energy Pellets of America LLC, Enviva Inc., Highland Pellets LLC, Land Energy Girvan Ltd., Lignetics Inc., Pfeifer Holding GmbH, PREMIUM PELLETS s.r.o, PRODESA, proPellets Austria, Schellinger KG, SNOW ENTITIES Inc., VIRIDIS ENERGY INC., AS Graanul Invest, and Drax Group Plc are some of the major market participants.
The stringent regulations on CO2 emissions, increased use of bioenergy, regulations for use of bioenergy and modern heating systems will offer immense growth opportunities. However, decline in crude oil prices, higher installation requirement for biomass boiler and feedstock storage, and change in energy mix will challenge the growth of the market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Wood Pellets Market Segmentation
View Sample: to know additional highlights and key points on various market segments and their impact in coming years.
Wood Pellets Market Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our wood pellets market report covers the following areas:
This study identifies decline in coal power as one of the prime reasons driving the wood pellets market growth during the next few years.
Wood Pellets Market Vendor Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Sample Report.
Wood Pellets Market Key Highlights
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CAGR of the market during the forecast period 2022-2026
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Detailed information on factors that will assist wood pellets market growth during the next five years
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Estimation of the wood pellets market size and its contribution to the parent market
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Predictions on upcoming trends and changes in consumer behavior
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The growth of the wood pellets market
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Analysis of the market’s competitive landscape and detailed information on vendors
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Comprehensive details of factors that will challenge the growth of wood pellets market vendors
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Wood Pellets Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.55% |
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Market growth 2022-2026 |
$ 4.13 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
6.98 |
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Regional analysis |
Europe, North America, APAC, Middle East and Africa, and South America |
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Performing market contribution |
Europe at 74% |
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Key consumer countries |
US, UK, Italy, Denmark, and Germany |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Binderholz GmbH, Bio Eneco, BioPower Sustainable Energy Corp., ECARE, Energy Pellets of America LLC, Enviva Inc., Highland Pellets LLC, Land Energy Girvan Ltd., Lignetics Inc., Pfeifer Holding GmbH, PREMIUM PELLETS s.r.o, PRODESA, proPellets Austria, Schellinger KG, SNOW ENTITIES Inc., VIRIDIS ENERGY INC., AS Graanul Invest, and Drax Group Plc |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
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SOURCE Technavio
Read More: Wood Pellets Market 2022-2026 | Stringent Regulations on CO2 Emissions to Boost Growth |