Industry Background:
Wood pellets is the product which is obtained by recycling the timber and forest residues into clean, renewable biomass fuel. Due to increasing government spending on renewable energy for power generation is expected to stimulate the market development. Moreover, wood pellets help reduce the Greenhouse Gas (GHG) and carbon emissions, which is likely to augment their usage, thereby boosting market growth.This growth is primarily driven by Rising demand for cleaner and renewable sources for power generation
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Energy & Resources sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Enviva (United States), Pinnacle (Canada), Innogy (RWE) (Germany), Graanul Invest Group (Estonia), Canfor (United States), General Biofuels (United States), Pacific BioEnergy (Canada), PFEIFER (Austria), Viridis Energy (Canada) and Westervelt (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Influencing Trend:
Increasing R&D activities to develop innovative manufacturing procedures for wood pellets
Market Growth Drivers:
Rising demand for cleaner and renewable sources for power generation, Instability in fossil fuel prices and Need for cleaner and renewable sources of power generation
Challenges:
Availability of substitutes and Health affects caused by wood pellets
Restraints:
Increasing integration among timber industries towards pelletization
Opportunities:
Several policies and agreements, such as the Kyoto Protocol, the Paris Agreement of COP21, and the American Clean Energy and Security Act, are undertaken
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Wood Pellets Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Wood Pellets Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Wood Pellets players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Wood Pellets Study Sheds Light on
The Wood Pellets Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Wood Pellets industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Wood Pellets industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.