Wood Pellets Fuel Market Professional Survey, Global Outlook and Forecast 2023-2030

Wood Pellets Fuel Market Professional Survey, Global Outlook and Forecast 2023-2030

The global wood pellet fuel market size was valued at $12.3 billion in 2022, and is projected to reach $25.5 billion by 2032, growing at a CAGR of 7.6% from 2023 to 2030. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Wooden pellets are made from dried biomass, which has been finely pulverized and passed through particulate dyes under high temperature and pressure. The effects of compression and high temperature cause the lignin in the biomass to melt, glue the particles together, and then re-form solid particles after cooling. In Europe, the trend of burning wood pellets to generate electricity is on the rise, and these pellets are classified as a type of renewable energy in Europe.

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This report aims to provide a comprehensive presentation of the global market for Wood Pellets Fuel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wood Pellets Fuel. This report contains market size and forecasts of Wood Pellets Fuel in global, including the following market information:


  • Global Wood Pellets Fuel Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Wood Pellets Fuel Market Sales, 2018-2023, 2024-2030, (Kiloton)
  • Global top five Wood Pellets Fuel companies in 2022 (%)



The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.


White Pellet Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Wood Pellets Fuel include Enviva, Pinnacle Renewable Energy, Vyborgskaya Cellulose, Rentech, Innogy, Graanul Invest Group, Zilkha Biomass Energy, Canfor and General Biofuels, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Wood Pellets Fuel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Wood Pellets Fuel Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)

Global Wood Pellets Fuel Market Segment Percentages, by Type, 2022 (%)


  • White Pellet
  • Black Pellet


Global Wood Pellets Fuel Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)

Global Wood Pellets Fuel Market Segment Percentages, by Application, 2022 (%)


  • Power Generation
  • Industrial Furnace
  • Civil Use
  • Other


Global Wood Pellets Fuel Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)

Global Wood Pellets Fuel Market Segment Percentages, By Region and Country, 2022 (%)


  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies Wood Pellets Fuel revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Wood Pellets Fuel revenues share in global market, 2022 (%)
  • Key companies Wood Pellets Fuel sales in global market, 2018-2023 (Estimated), (Kiloton)
  • Key companies Wood Pellets Fuel sales share in global market, 2022 (%)

key players include:


  • Enviva
  • Pinnacle Renewable Energy
  • Vyborgskaya Cellulose
  • Rentech
  • Innogy
  • Graanul Invest Group
  • Zilkha Biomass Energy
  • Canfor
  • General Biofuels
  • Pacific BioEnergy
  • Protocol Energy
  • Pfeifer Group
  • Biomass Secure Power
  • Viridis Energy
  • Westervelt
  • BTH Quitman Hickory
  • Energex
  • Lignetics
  • Equustock
  • Fram Renewable Fuels
  • Drax Biomass International
  • Xirui New Energy
  • Weige Bio-tech Energy
  • Jianghe Biomass Energy
  • Huinan Hongri


Outline of Major Chapters:

Chapter 1: Introduces the definition of Wood Pellets Fuel, market overview.

Chapter 2: Global Wood Pellets Fuel market size in revenue and volume.

Chapter 3: Detailed analysis of Wood Pellets Fuel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Wood Pellets Fuel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Wood Pellets Fuel capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports 1.1 Wood Pellets Fuel Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Wood Pellets Fuel Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Wood Pellets Fuel Overall Market Size 2.1 Global Wood Pellets Fuel Market Size: 2022 VS 2030 2.2 Global Wood Pellets Fuel Revenue, Prospects & Forecasts: 2018-2030 2.3 Global Wood Pellets Fuel Sales: 2018-2030 3 Company Landscape 3.1 Top Wood Pellets Fuel Players in Global Market 3.2 Top Global Wood Pellets Fuel Companies Ranked by Revenue 3.3 Global Wood Pellets Fuel Revenue by Companies 3.4 Global Wood Pellets Fuel Sales by Companies 3.5 Global Wood Pellets Fuel Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Wood Pellets Fuel Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Wood Pellets Fuel Product Type 3.8 Tier 1, Tier 2 and Tier 3 Wood Pellets Fuel Players in Global Market 3.8.1 List of Global Tier 1 Wood Pellets Fuel Companies 3.8.2 List of Global Tier 2 and Tier 3 Wood Pellets Fuel Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Wood Pellets Fuel Market Size Markets, 2022 &

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