Global Trends / Statistics / Wood pellets / Global
March 27, 2014

Global wood pellets market forecast to double by 2020

As the Biomass Magazine BM reports, the global wood pellets market will reach US$ 9 billion from a current US$ 4 billion, in the next seven years. The statement was made by Michele Rebiere (Viridis Energy Inc.) at the summit that preceded the International Biomass Conference, held March 24-27 in Orlando, US.    Ms Rebiere, quoted by Biomass Magazine, added that by far the European pellet market is the largest in the world and expected to register the highest growth. The EU pellet consumption is forecast to increase from 20 million metric tons (mmt) in 2013 ...

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