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Daily News / Global Trends / Market Analysis / Wood pellets / Wood Products / Asia & Middle East / Europe / Global / North America
September 26, 2018

Forecast: Global wood pellet market to continue sharp growth in the next 10 years

Forecast: Global wood pellet market to continue sharp growth in the next 10 years
The global wood pellet market is projected to expand at a healthy CAGR of 8.7% during 2018-2028 in terms of revenue.    Factors such as increasing consumption of wood pellets, increasing health consciousness among consumers, high consumption of wood pellets for residential heating, growing demand for wood pellets for electricity generation, growing exports of wood pellets rapidly growing demand for domestic wood pellets and energy, and climate change are the factors that drive the market. Enterprises and individuals, nowadays, need products that are environmentally-friendly. Collaborations between suppliers and producers ensure a strong bonding and ...

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