Chapter 1 Preface 14
1.1 Report Scope and Description 14
1.1.1 Study Purpose 14
1.1.2 Target Audience 14
1.1.3 USP and Key Offerings 14
1.2 Research Scope 15
1.3 Research Methodology 16
1.3.1 Phase I – Secondary Research 16
1.3.2 Phase II – Primary Research 17
1.3.3 Phase III – Expert Panel Review 17
1.3.4 Approach Adopted 17
1.3.4.1 Top-Down Approach 17
1.3.4.2 Bottom-Up Approach 18
1.3.5 Assumptions 19
1.4 Market Segmentation 19
Chapter 2 Executive Summary 20
2.1 Market Snapshot: Global Wood Pellets Market 21
2.1.1 Global Wood Pellets Market, by Application, 2017 (Kilo Tons) (US$ Bn) 23
2.1.2 Global Wood Pellets Market, by End-use, 2017 (Kilo Tons) (US$ Bn) 23
2.1.3 Global Wood Pellets Market, by Geography, 2017 (Kilo Tons) (US$ Bn) 24
Chapter 3 Market Dynamics 25
3.1 Introduction 25
3.2 Market Dynamics 26
3.2.1 Market Drivers 26
3.2.1.1 Growing Demand for Renewable Energy Fuelling Market Growth 26
3.2.1.2 Favorable Government Initiatives 27
3.2.1.1 Low Cost of Wood Pellets 28
3.2.2 Market Restraints 29
3.2.2.1 Growing Incidences of Deforestation Resulting in Market Slowdown 29
3.2.3 Market Opportunities 30
3.2.3.1 Emerging Nations are Expected to Drive Future Growth of Wood Pellets 30
3.3 Attractive Investment Proposition, by Geography, 2017 31
3.4 Market Positioning of Key Players, 2017 32
Chapter 4 Global Wood Pellet Market, by Application 33
4.1 Overview 33
4.1.1 Global Wood Pellets Market Value Share, by Application, 2017 & 2026 (Value, %) 33
4.1.2 Global Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Bn) 34
4.2 Pellet Stove Inserts 35
4.2.1 Global Wood Pellets Market, by Pellet Stove Inserts, 2016-2026 (Kilo Tons) (US$ Bn) 35
4.3 Pellet Boilers 36
4.3.1 Global Wood Pellets Market, by Pellet Boilers, 2016-2026 (Kilo Tons) (US$ Bn) 36
4.4 Free Standing Pellet Stoves 37
4.4.1 Global Wood Pellets Market, by Free Standing Pellet Stoves, 2016-2026 (Kilo Tons) (US$ Bn) 37
Chapter 5 Global Wood Pellets Market, by End-use 38
5.1 Overview 38
5.1.1 Global Wood Pellets Market Value Share, by End-use, 2017 & 2026 (Value, %) 39
5.1.2 Global Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) (US$ Bn) 39
5.2 Heat Generation 40
5.2.1 Global Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) (US$ Bn) 40
5.2.2 Residential Heating 41
5.2.2.1 Global Wood Pellets Market, by Residential Heating, 2016 – 2026 (Kilo Tons) (US$ Bn) 42
5.2.3 Commercial Heating 43
5.2.3.1 Global Wood Pellets Market, by Commercial Heating, 2016 – 2026 (Kilo Tons) (US$ Bn) 43
5.3 Power Generation 44
5.3.1 Global Wood Pellets Market, by Power Generation, 2016 – 2026 (Kilo Tons) (US$ Bn) 44
5.4 Co-firing 45
5.4.1 Global Wood Pellets Market, by Co-firing, 2016 – 2026 (Kilo Tons) (US$ Bn) 45
5.5 Combined Heat & Power (CHP) 46
5.5.1 Global Wood Pellets Market, by Combined Heat & Power (CHP), 2016 – 2026 (Kilo Tons) (US$ Bn) 46
5.6 Others (absorbents, horse bedding) 47
5.6.1 Global Wood Pellets Market, by Others, 2016 – 2026 (Kilo Tons) (US$ Bn) 47
Chapter 6 Global Wood Pellets Market, by Geography 48
6.1 Overview 48
6.1.1 Global Wood Pellets Market Value Share, by Geography, 2017 & 2026 (Value %) 49
6.1.2 Global Wood Pellets Market, by Geography 2016 – 2026 (Kilo Tons) (US$ Bn) 49
6.2 North America 50
6.2.1 North America Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Bn) 51
6.2.2 North America Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) (US$ Bn) 52
6.2.2.1 North America Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) (US$ Bn) 52
6.2.1 North America Wood Pellets Market, by Country, 2016-2026, (Kilo Tons) (US$ Bn) 53
6.3 Europe 54
6.3.1 Europe Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Bn) 54
6.3.2 Europe Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) (US$ Bn) 55
6.3.2.1 Europe Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) (US$ Bn) 55
6.3.3 Europe Wood Pellets Market, by Country/Region, 2016-2026, (Kilo Tons) (US$ Bn) 56
6.4 Asia Pacific 56
6.4.1 Asia Pacific Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Bn) 56
6.4.2 Asia Pacific Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) (US$ Bn) 57
6.4.2.1 Asia Pacific Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) (US$ Bn) 57
6.4.3 Asia Pacific Wood Pellets Market, by Country/Region, 2016-2026, (Kilo Tons) (US$ Bn) 58
6.5 Latin America 58
6.5.1 Latin America Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Bn) 58
6.5.2 Latin America Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) (US$ Bn) 59
6.5.2.1 Latin America Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) (US$ Bn) 59
6.5.3 Latin America Wood Pellets Market, by Country/Region, 2016-2026, (Kilo Tons) (US$ Bn) 60
6.6 Middle East & Africa 60
6.6.1 Middle East & Africa Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) (US$ Bn) 60
6.6.2 Middle East & Africa Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) (US$ Bn) 61
6.6.2.1 Middle East & Africa Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) (US$ Bn) 61
6.6.3 Middle East & Africa Wood Pellets Market, by Region, 2016-2026, (Kilo Tons) (US$ Bn) 62
Chapter 7 Company Profiles 63
7.1 Agon Biomass 63
7.2 AS Graanul Invest 65
7.3 Drax Biomass Inc. 66
7.4 Enviva Partners LP 67
7.5 German Pellets GmbH 68
7.6 Pinnacle Renewable Energy Inc. 69
7.7 Premium Pellet Ltd. 70
7.8 Rentech Inc. 71
7.9 Viridis Energy Inc. 72
7.10 Zilkha Biomass Energy LLC 73
List of Figures
FIG. 1 Global Wood Pellets Market: Research Methodology 15
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach 17
FIG. 3 Global Wood Pellets Market Segmentation 18
FIG. 4 Global Wood Pellets Market, by Application, 2017 (Kilo Tons) (US$ Bn) 22
FIG. 5 Global Wood Pellets Market, by End-use, 2017 (Kilo Tons) (US$ Bn) 22
FIG. 6 Global Wood Pellets Market, by Geography, 2017 (Kilo Tons) (US$ Bn) 23
FIG. 7 Attractive Investment Proposition, by Geography, 2017 30
FIG. 8 Global Market Positioning of Key Wood Pellet Manufacturers, 2017 31
FIG. 9 Global Wood Pellets Market Value Share, by Application, 2017 & 2026 (Value, %) 32
FIG. 10 Global Wood Pellets Market, by Pellet Stove Inserts, 2016-2026 (Kilo Tons) (US$ Bn) 34
FIG. 11 Global Wood Pellets Market, by Pellet Boilers, 2016-2026 (Kilo Tons) (US$ Bn) 35
FIG. 12 Global Wood Pellets Market, by Free Standing Pellet Stoves, 2016-2026 (Kilo Tons) (US$ Bn) 36
FIG. 13 Global Wood Pellets Market Value Share, by End-use, 2017 & 2026 (Value, %) 38
FIG. 14 Global Wood Pellets Market, by Residential Heating, 2016 – 2026 (Kilo Tons) (US$ Bn) 41
FIG. 15 Global Wood Pellets Market, by Commercial Heating, 2016 – 2026 (Kilo Tons) (US$ Bn) 42
FIG. 16 Global Wood Pellets Market, by Power Generation, 2016 – 2026 (Kilo Tons) (US$ Bn) 43
FIG. 17 Global Wood Pellets Market, by Co-firing, 2016 – 2026 (Kilo Tons) (US$ Bn) 44
FIG. 18 Global Wood Pellets Market, by Combined Heat & Power (CHP), 2016 – 2026 (Kilo Tons) (US$ Bn) 45
FIG. 19 Global Wood Pellets Market, by Others, 2016 – 2026 (Kilo Tons) (US$ Bn) 46
FIG. 20 Global Wood Pellets Market Value Share, by Geography, 2017 & 2026 (Value %) 48
List of Tables
TABLE 1 Market Snapshot: Global Wood Pellets Market Volume 20
TABLE 2 Market Snapshot: Global Wood Pellets Market Value 21
TABLE 3 Global Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) 33
TABLE 4 Global Wood Pellets Market, by Application, 2016 – 2026 (US$ Bn) 33
TABLE 5 Global Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) 38
TABLE 6 Global Wood Pellets Market, by End-use, 2016 – 2026 (US$ Bn) 39
TABLE 7 Global Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) 39
TABLE 8 Global Wood Pellets Market, by Heat Generation, 2016 – 2026 (US$ Bn) 40
TABLE 9 Global Wood Pellets Market, by Geography 2016 – 2026 (Kilo Tons) 48
TABLE 10 Global Wood Pellets Market, by Geography 2016 – 2026 (US$ Bn) 49
TABLE 11 North America Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) 50
TABLE 12 North America Wood Pellets Market, by Application, 2016 – 2026 (US$ Bn) 50
TABLE 13 North America Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) 51
TABLE 14 North America Wood Pellets Market, by End-use, 2016 – 2026 (US$ Bn) 51
TABLE 15 North America Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) 51
TABLE 16 North America Wood Pellets Market, by Heat Generation, 2016 – 2026 (US$ Bn) 51
TABLE 17 North America Wood Pellets Market, by Country, 2016-2026, (Kilo Tons) 52
TABLE 18 North America Wood Pellets Market, by Country, 2016-2026, (US$ Bn) 52
TABLE 19 Europe Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) 53
TABLE 20 Europe Wood Pellets Market, by Application, 2016 – 2026 (US$ Bn) 53
TABLE 21 Europe Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) 54
TABLE 22 Europe Wood Pellets Market, by End-use, 2016 – 2026 (US$ Bn) 54
TABLE 23 Europe Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) 54
TABLE 24 Europe Wood Pellets Market, by Heat Generation, 2016 – 2026 (US$ Bn) 54
TABLE 25 Europe Wood Pellets Market, by Country/Region, 2016-2026, (Kilo Tons) 55
TABLE 26 Europe Wood Pellets Market, by Country/Region, 2016-2026, (US$ Bn) 55
TABLE 27 Asia Pacific Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) 55
TABLE 28 Asia Pacific Wood Pellets Market, by Application, 2016 – 2026 (US$ Bn) 55
TABLE 29 Asia Pacific Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) 56
TABLE 30 Asia Pacific Wood Pellets Market, by End-use, 2016 – 2026 (US$ Bn) 56
TABLE 31 Asia Pacific Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) 56
TABLE 32 Asia Pacific Wood Pellets Market, by Heat Generation, 2016 – 2026 (US$ Bn) 56
TABLE 33 Asia Pacific Wood Pellets Market, by Country/Region, 2016-2026, (Kilo Tons) 57
TABLE 34 Asia Pacific Wood Pellets Market, by Country/Region, 2016-2026, (US$ Bn) 57
TABLE 35 Latin America Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) 57
TABLE 36 Latin America Wood Pellets Market, by Application, 2016 – 2026 (US$ Bn) 57
TABLE 37 Latin America Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) 58
TABLE 38 Latin America Wood Pellets Market, by End-use, 2016 – 2026 (US$ Bn) 58
TABLE 39 Latin America Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) 58
TABLE 40 Latin America Wood Pellets Market, by Heat Generation, 2016 – 2026 (US$ Bn) 58
TABLE 41 Latin America Wood Pellets Market, by Country/Region, 2016-2026, (Kilo Tons) 59
TABLE 42 Latin America Wood Pellets Market, by Country/Region, 2016-2026, (US$ Bn) 59
TABLE 43 Middle East & Africa Wood Pellets Market, by Application, 2016 – 2026 (Kilo Tons) 59
TABLE 44 Middle East & Africa Wood Pellets Market, by Application, 2016 – 2026 (US$ Bn) 59
TABLE 45 Middle East & Africa Wood Pellets Market, by End-use, 2016 – 2026 (Kilo Tons) 60
TABLE 46 Middle East & Africa Wood Pellets Market, by End-use, 2016 – 2026 (US$ Bn) 60
TABLE 47 Middle East & Africa Wood Pellets Market, by Heat Generation, 2016 – 2026 (Kilo Tons) 60
TABLE 48 Middle East & Africa Wood Pellets Market, by Heat Generation, 2016 – 2026 (US$ Bn) 60
TABLE 49 Middle East & Africa Wood Pellets Market, by Region, 2016-2026, (Kilo Tons) 61
TABLE 50 Middle East & Africa Wood Pellets Market, by Region, 2016-2026, (US$ Bn) 61
TABLE 51 Agon Biomass: Company Snapshot (Business Description; Product/Business Portfolio; Financial Information; Business Overview and Recent Development) 62
TABLE 52 AS Graanul Invest: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 64
TABLE 53 Drax Biomass Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 65
TABLE 54 Enviva Partners LP: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 66
TABLE 55 German Pellets GmbH: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 67
TABLE 56 Pinnacle Renewable Energy Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 68
TABLE 57 Premium Pellet Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 69
TABLE 58 Rentech Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 70
TABLE 59 Viridis Energy Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 71
TABLE 60 Zilkha Biomass Energy LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 72