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Wood Pellets Market Share

Report ID: GMI4387
Published Date: Nov 2024
Report Format: PDF

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Wood Pellets Market Share

Global Wood Pellets Market Company Share, (2024)

In the wood pellet market, companies compete on price, sustainable sourcing, product quality, and distribution reach. Differentiation through certifications and efficient supply chains is key to capturing environmentally focused buyers.

Wood Pellets Market Companies

Major players operating in the wood pellets industry are:

AS Graanul Invest
Ecochipp
Ecowood Pellets
Enviva Partners
Land Energy
Lignetics
LP
Mallard Creek
Pacific BioEnergy
The Westervelt Company

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global wood pellets industry was valued at USD 13.6 billion in 2024 and is estimated to grow at a CAGR of over 16.4% from 2025 to 2034, driven by the increasing consumer inclination towards renewable energy sources.

The utility segment is projected to grow at more than 18% CAGR through 2034 due to the rising usage of utility wood pellets in various electronics applications.

The Europe wood pellets market is anticipated to grow at over 13.9% CAGR from 2025 to 2034, with major demand driven by countries like the U.K., Germany, and Spain.

According to the Biomass Industry Society Network (BIN) and Solutions for Our Climate (SFOC), the U.K. and Germany imported a total of 6 million metric tons of wood pellets in 2024.

Key players in the industry include AS Graanul Invest, Ecochipp, Ecowood Pellets, Enviva Partners, Land Energy, Lignetics, LP, Mallard Creek, and Pacific BioEnergy.