Wood-Pellets Market Generates a Large Portion of Is Demand and Revenue
"Wood pellet is a solid fuel that is produced by crushing and densifying waste timber like sawdust, forestry residues, and industrial byproducts like old paper and forestry wastes. The length is 1-2 cm and the diameter is generally 6, 8, 10, or 12mm. It is possible to produce 25mm wood pellet at maximum. In Sweden, 6mm wood pellet is encouraged to use in house as it can realize the best condition of combustion. Wood pellet production doesn't need to add binder as lignin, an element of wood, plays a role of binder and helps to pelletize when it is melted by heat.
Scope of the Report:
This report focuses on the Wood-Pellets in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.
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Industry Regional Highlights
Based on geography, the market is segmented into Europe, Asia Pacific, North America, Central and South America, and the Middle East and Africa. Of these, Europe is a major market for wood pellets and led the market in 2015. The substantial demand for wood pellets from the U.K. has fuelled this regional market. The regional market is propelled by numerous government initiatives such as significant fiscal subsidies to boost the generation of renewable sources of energy. This has incentivized the use of wood pellets to produce electrical energy in this region.
Europe and North America Provides Lucrative Growth Avenues
North America is another prominent region for wood pellets. Several stiff regulations related to emission norms have fueled this regional market. The recent formulation of federal policies that seek to establish the carbon-neutrality of biomass is another crucial factor boosting the wood pellets market in countries such as the U.S. Furthermore, the continued expansion of wood pellet plants by several manufacturers in various cities of the U.S. is expected to boost the production of wood pellets, thereby catalyzing the regional market.
Industry Top Player’s
German Pellets, Enviva, Pinnacle, Vyborgskaya Cellulose, Rentech, Innogy (RWE), Graanul Invest Group, Green Circle Bio Energy, Zilkha Biomass Energy, Canfor, General Biofuels, BlueFire Renewables, Pacific BioEnergy, Protocol Energy, PFEIFER, Biomass Secure Power, Viridis Energy, Westervelt, New Biomass Holding
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Market Segments
Market Segment by Regions, regional analysis covers
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
• White Pellet
• Black Pellet
Market Segment by Applications, can be divided into
• Power Generation
• Industrial Furnace
• Civil Use
• Others
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