Florida, January 18, 2018: The wood pellets market is expected to exceed more than US$ 20.0 Billion by 2023 growing at a CAGR of more than 14% in the given forecast period 2016 to 2023.

    Wood pellets are a form of biomass fuel produced from wood waste products, sawdust, industrial byproducts and forestry wastes.  The virgin trees are specially grown for producing pellets. The shape of wood pellets is cylindrical in shape and having diameter between 6-12m.m and length is 1-3c.m. After manufacturing of wood pellets it should be used as fuel for commercial building, homes or in power plants. Wood pellets are dry, easy to store and hydraulic rate of wood pellets is stable as compare to other biomass fuel. It has high energy density so it can be transported long distance at once. Wood pellets is burnt it generates very small amount of carbon dioxide that is CO2 so this fuel broadly standardized as more eco friendly fuels.

    The wood pellets market is segmented on the lines of its application and regional. Under application segmentation wood pellets market covers power plants and heating. The wood pellet market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

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    The major driving factors of wood pellets market are as follows:

    Government rules and contract

    Financial inducement by centralized agencies

    Long term supply

    Low price of wood pellets

    The restraints factors of wood pellets market are as follows:

    Flue Gas Release during Storage of Wood Pellets

    This report provides:

    1) An overview of the global market for wood pellets and related technologies.

    2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.

    3) Identifications of new market opportunities and targeted promotional plans for wood pellets

    4) Discussion of research and development, and the demand for new products and new applications.

    5) Comprehensive company profiles of major players in the industry.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include  Andritz AG, Drax Group plc, Enito Singpellet Pte Ltd, Enviva LP, F.E. Wood & Sons, German Pellets GmbH, Georgia Biomass, LLC, Allance Pellet Machinery, The Westervelt Company, Pinnacle Renewable Energy Group, Rentech, Inc., Energex, and Wood Pellet Energy (UK) LTD.. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

    The Wood Pellets Market has been segmented as below: 

    By Application Analysis

    Power Plants

    Heating

     

    By Regional Analysis

    North America

    Europe

    Asia-Pacific

    Rest of the World

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    Table of Contents

    1 Preface

    2 Executive Summary

    3 Wood Pellets Market – Industry Analysis

    4 Global Wood Pellets Market – Application Analysis

    5 Global Wood Pellets Market – Regional Analysis

    6 Company Profiles

    6.1 Andritz AG

    6.1.1 Company Overview

    6.1.2 Financial Overview

    6.1.3 Business Strategy

    6.1.4 Recent Developments

    6.2 Drax Group plc

    6.2.1 Company Overview

    6.2.2 Financial Overview

    6.2.3 Business Strategy

    6.2.4 Recent Developments

    6.3 Enito Singpellet Pte Ltd

    6.3.1 Company Overview

    6.3.2 Financial Overview

    6.3.3 Business Strategy

    6.3.4 Recent Developments

    6.4 Enviva LP

    6.4.1 Company Overview

    6.4.2 Financial Overview

    6.4.3 Business Strategy

    6.4.4 Recent Developments

    6.5 F.E. Wood & Sons

    6.5.1 Company Overview

    6.5.2 Financial Overview

    6.5.3 Business Strategy

    6.5.4 Recent Developments

    6.6 German Pellets GmbH

    6.6.1 Company Overview

    6.6.2 Financial Overview

    6.6.3 Business Strategy

    6.6.4 Recent Developments

    6.7 Georgia Biomass, LLC

    6.7.1 Company Overview

    6.7.2 Financial Overview

    6.7.3 Business Strategy

    6.7.4 Recent Developments

    6.8 Allance Pellet Machinery

    6.8.1 Company Overview

    6.8.2 Financial Overview

    6.8.3 Business Strategy

    6.8.4 Recent Developments

    6.9 The Westervelt Company

    6.9.1 Company Overview

    6.9.2 Financial Overview

    6.9.3 Business Strategy

    6.9.4 Recent Developments

    6.10 Pinnacle Renewable Energy Group

    6.10.1 Company Overview

    6.10.2 Financial Overview

    6.10.3 Business Strategy

    6.10.4 Recent Developments

    6.11 Rentech, Inc.

    6.11.1 Company Overview

    6.11.2 Financial Overview

    6.11.3 Business Strategy

    6.11.4 Recent Developments

    6.12 Energex

    6.12.1 Company Overview

    6.12.2 Financial Overview

    6.12.3 Business Strategy

    6.12.4 Recent Developments

    6.13 Wood Pellet Energy (UK) LTD

    6.13.1 Company Overview

    6.13.2 Financial Overview

    6.13.3 Business Strategy

    6.13.4 Recent Developments

     

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    Source: http://www.financeswire.com/wood-pellets-market-to-exceed-us-20-billion-by-2023