Global Wood Pellets Market 2025-2029

Description

The wood pellets market is forecasted to grow by USD 7162.2 million during 2024-2029, accelerating at a CAGR of 9% during the forecast period. The report on the wood pellets market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent regulations on CO2 emissions, increasing use of bioenergy, and regulations for using bioenergy and modern heating systems.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	8%
CAGR	9%
Incremental Value	$7162.2 mn

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's wood pellets market is segmented as below:

By End-user

Residential
Commercial and industrial

By Application

Power generation
Combined heat and power
Heating

By Geographical Landscape

Europe
North America
APAC
Middle East and Africa
South America

This study identifies the declining use of coal in power industry as one of the prime reasons driving the wood pellets market growth during the next few years. Also, increasing use of biomass district heating and adoption of wood pellets in co-firing will lead to sizable demand in the market.

The report on the wood pellets market covers the following areas:

Wood Pellets Market sizing
Wood Pellets Market forecast
Wood Pellets Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wood pellets market vendors that include AS Graanul Invest, Binderholz GmbH, Bio Eneco, BioPower Sustainable Energy Corp., BrasPine Madeiras Ltda, CT Pellet, Drax Group PLC, ECARE, Energy Pellets of America LLC, Enviva Inc., Highland Pellets LLC, JP Green Fuels Pvt. Ltd., Land Energy Girvan Ltd., Laxmi Subhi Sales Corp., Lignetics Inc., Pfeifer Holding GmbH, PREMIUM PELLETS sro, PRODESA, proPellets Austria, SNOW ENTITIES Inc., and VIRIDIS ENERGY INC.. Also, the wood pellets market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR72964

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Wood Pellets Market 2019 - 2023
- Historic Market Size - Data Table on Global Wood Pellets Market 2019 - 2023 ($ million)
5.2 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on Global Wood Pellets Market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by End-user

8.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
8.3 Residential - Market size and forecast 2024-2029
- Chart on Residential - Market size and forecast 2024-2029 ($ million)
- Data Table on Residential - Market size and forecast 2024-2029 ($ million)
- Chart on Residential - Year-over-year growth 2024-2029 (%)
- Data Table on Residential - Year-over-year growth 2024-2029 (%)
8.4 Commercial and industrial - Market size and forecast 2024-2029
- Chart on Commercial and industrial - Market size and forecast 2024-2029 ($ million)
- Data Table on Commercial and industrial - Market size and forecast 2024-2029 ($ million)
- Chart on Commercial and industrial - Year-over-year growth 2024-2029 (%)
- Data Table on Commercial and industrial - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

9 Market Segmentation by Application

9.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
9.3 Power generation - Market size and forecast 2024-2029
- Chart on Power generation - Market size and forecast 2024-2029 ($ million)
- Data Table on Power generation - Market size and forecast 2024-2029 ($ million)
- Chart on Power generation - Year-over-year growth 2024-2029 (%)
- Data Table on Power generation - Year-over-year growth 2024-2029 (%)
9.4 Combined heat and power - Market size and forecast 2024-2029
- Chart on Combined heat and power - Market size and forecast 2024-2029 ($ million)
- Data Table on Combined heat and power - Market size and forecast 2024-2029 ($ million)
- Chart on Combined heat and power - Year-over-year growth 2024-2029 (%)
- Data Table on Combined heat and power - Year-over-year growth 2024-2029 (%)
9.5 Heating - Market size and forecast 2024-2029
- Chart on Heating - Market size and forecast 2024-2029 ($ million)
- Data Table on Heating - Market size and forecast 2024-2029 ($ million)
- Chart on Heating - Year-over-year growth 2024-2029 (%)
- Data Table on Heating - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Geographic Landscape

11.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
11.3 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
11.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
11.5 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
11.6 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
11.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
11.8 Denmark - Market size and forecast 2024-2029
- Chart on Denmark - Market size and forecast 2024-2029 ($ million)
- Data Table on Denmark - Market size and forecast 2024-2029 ($ million)
- Chart on Denmark - Year-over-year growth 2024-2029 (%)
- Data Table on Denmark - Year-over-year growth 2024-2029 (%)
11.9 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
11.10 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
11.11 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
11.12 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
11.13 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
11.14 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
11.15 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
11.16 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
11.17 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ million)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
11.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 AS Graanul Invest
- AS Graanul Invest - Overview
- AS Graanul Invest - Product / Service
- AS Graanul Invest - Key offerings
- SWOT
14.5 Binderholz GmbH
- Binderholz GmbH - Overview
- Binderholz GmbH - Product / Service
- Binderholz GmbH - Key offerings
- SWOT
14.6 Bio Eneco
- Bio Eneco - Overview
- Bio Eneco - Product / Service
- Bio Eneco - Key offerings
- SWOT
14.7 BioPower Sustainable Energy Corp.
- BioPower Sustainable Energy Corp. - Overview
- BioPower Sustainable Energy Corp. - Product / Service
- BioPower Sustainable Energy Corp. - Key offerings
- SWOT
14.8 CT Pellet
- CT Pellet - Overview
- CT Pellet - Product / Service
- CT Pellet - Key offerings
- SWOT
14.9 Drax Group Plc
- Drax Group Plc - Overview
- Drax Group Plc - Business segments
- Drax Group Plc - Key offerings
- Drax Group Plc - Segment focus
- SWOT
14.10 ECARE
- ECARE - Overview
- ECARE - Product / Service
- ECARE - Key offerings
- SWOT
14.11 Enviva Inc.
- Enviva Inc. - Overview
- Enviva Inc. - Product / Service
- Enviva Inc. - Key offerings
- SWOT
14.12 Highland Pellets LLC
- Highland Pellets LLC - Overview
- Highland Pellets LLC - Product / Service
- Highland Pellets LLC - Key offerings
- SWOT
14.13 Land Energy Girvan Ltd.
- Land Energy Girvan Ltd. - Overview
- Land Energy Girvan Ltd. - Product / Service
- Land Energy Girvan Ltd. - Key offerings
- SWOT
14.14 Lignetics Inc.
- Lignetics Inc. - Overview
- Lignetics Inc. - Product / Service
- Lignetics Inc. - Key offerings
- SWOT
14.15 Pfeifer Holding GmbH
- Pfeifer Holding GmbH - Overview
- Pfeifer Holding GmbH - Product / Service
- Pfeifer Holding GmbH - Key offerings
- SWOT
14.16 PREMIUM PELLETS sro
- PREMIUM PELLETS sro - Overview
- PREMIUM PELLETS sro - Product / Service
- PREMIUM PELLETS sro - Key offerings
- SWOT
14.17 SNOW ENTITIES Inc.
- SNOW ENTITIES Inc. - Overview
- SNOW ENTITIES Inc. - Product / Service
- SNOW ENTITIES Inc. - Key offerings
- SWOT
14.18 VIRIDIS ENERGY INC.
- VIRIDIS ENERGY INC. - Overview
- VIRIDIS ENERGY INC. - Product / Service
- VIRIDIS ENERGY INC. - Key offerings
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations