Global Wood Pellet Fuel market cagr 6.2%

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Wood Pellet Fuel Market

Wood Pellet Fuel Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Wood Pellet Fuel Market Size and Growth

The Wood Pellet Fuel market research report highlights current market conditions, trends, and growth drivers. The market size is estimated at $8.7 billion, with increasing demand for renewable energy sources and the growing popularity of wood pellet stoves and heating systems driving market expansion.

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Companies Covered (Covid 19 Impact Covered)

◍ Drax Biomass Inc

◍ Rentech, Inc

◍ Enviva Partners, LP

◍ German Pellets GmbH

◍ Viridis Energy Inc

◍ AS Graanul Invest

◍ Pinnacle Renewable Energy Inc

◍ Lignetics Of Idaho, Inc

◍ Zilkha Biomass Energy, LLC

◍ Land Energy Girvan Limited

◍ Colombo Energy Inc

◍ Premium Pellet Ltd

◍ ECARE

◍ Fram Renewable Fuels

◍ Agon Biomass

◍ Pellet power

◍ Blue Sky Biomass

◍ Bio Eneco Sdn Bhd

The Wood Pellet Fuel market is highly competitive with key players such as Drax Biomass Inc, Enviva Partners, LP, and German Pellets GmbH dominating the market. These companies utilize wood pellet fuel for power generation and heating purposes, aiding in the growth of the market.

- Drax Biomass Inc: Sales revenue of $320 million

- Enviva Partners, LP: Sales revenue of $660 million

- German Pellets GmbH: Sales revenue of $500 million

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Market Segmentation

By Application

◍ Industrial Pellet for CHP/District Heating

◍ Industrial Pellet for Co-firing

◍ Pellet for Heating Residential/ Commercial

◍ Others

By Product

◍ Forest Wood & Waste

◍ Agriculture Residue

◍ Others

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$ X Billion USD
Market Growth
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