세계의 목재 펠릿 시장 규모, 점유율, 성장 분석 : 용도별, 최종 용도별, 지역별 - 산업 예측(2025-2032년)

Wood Pellets Market size was valued at USD 13.33 billion in 2023 and is poised to grow from USD 14.64 billion in 2024 to USD 30.92 billion by 2032, growing at a CAGR of 9.8% during the forecast period (2025-2032).

The Wood Pellets Market is witnessing significant growth driven by the imperative to reduce fossil fuel reliance and combat global warming, positioning wood pellets as a clean, sustainable biomass alternative. This expansion is supported by a stable supply of feedstock resulting from the rapid recovery of timber production, minimally impacting wood pellet manufacturers. In the U.S., increased output responds to surging global demand, as several countries rely on American imports due to their inability to satisfy biomass energy needs domestically. Pellet producers can source wood biomass directly from private landowners or indirectly through traders, with a notable reliance on mill residuals. However, transportation costs pose a critical challenge, compounded by the complex and fragmented market landscape, characterized by limited shipping routes and handling capacities.

Top-down and bottom-up approaches were used to estimate and validate the size of the Wood Pellets market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Wood Pellets Market Segments Analysis

Global Wood Pellets Market is segmented by Application, End Use and region. Based on Application, the market is segmented into Heating, Power Generation, Combined Heat and Power (CHP). Based on End Use, the market is segmented into Residential, Industrial and Commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Wood Pellets Market

The wood pellets market is primarily driven by the perception of these pellets as a carbon-neutral energy source. The carbon dioxide emitted during their combustion is balanced out by the carbon dioxide that trees absorb while growing, supporting the broader objective of carbon neutrality and minimizing carbon footprints across multiple sectors. The sustainability aspect of wood pellets, particularly when sourced from responsibly managed forests, plays a pivotal role in their increasing acceptance as a renewable energy option. This ecological benefit not only appeals to environmentally conscious consumers but also encourages industries to shift towards more sustainable energy practices.

Restraints in the Wood Pellets Market

The wood pellets market faces challenges due to a complicated regulatory landscape, encompassing sustainability criteria, emission regulations, and renewable energy policies. Fluctuations in regulations, including shifts in subsidy programs or alterations in sustainability standards, can introduce uncertainties for stakeholders in the industry. Such inconsistencies or vagueness in policies may discourage investments, disrupt market stability, and impede the growth of the wood pellets sector. As a result, market participants must navigate these complexities, which can limit their ability to effectively plan for the future and may ultimately restrain the overall development of the wood pellet market.

Market Trends of the Wood Pellets Market

The wood pellets market is witnessing a pronounced upward trend driven by the increasing adoption of biomass co-firing and the proliferation of combined heat and power (CHP) plants globally. As power producers integrate wood pellets with coal, they are not only able to minimize carbon emissions but also enhance the overall sustainability of energy generation. This shift towards cleaner energy solutions is crucial for meeting stringent environmental regulations and climate commitments. Additionally, the efficiency gains from CHP plants, which utilize wood pellets for simultaneous heat and electricity production, further amplify demand, positioning wood pellets as a vital component in the future of renewable energy.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Regulatory Landscape

Global Wood Pellets Market Size by Application & CAGR (2025-2032)

• Market Overview
• Heating
• Power Generation
• Combined Heat and Power (CHP)

Global Wood Pellets Market Size by End Use & CAGR (2025-2032)

• Market Overview
• Residential
• Industrial
• Commercial

Global Wood Pellets Market Size & CAGR (2025-2032)

• North America (Application, End Use)
  • US
  • Canada
• Europe (Application, End Use)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Application, End Use)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Application, End Use)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Application, End Use)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Enviva Partners, LP (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Drax Group (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Pinnacle Renewable Energy Group (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• German Pellets GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• AS Graanul Invest (Estonia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fram Renewable Fuels, LLC (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lignetics, Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Pacific BioEnergy Corporation (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Viridis Energy Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zilkha Biomass Energy (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Land Energy Girvan Limited (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Energex Corporation (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wood & Sons (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rentech, Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Drax Biomass Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Piveteau Bois (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Stora Enso (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Vyborgskaya Cellulose (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Green Circle Bio Energy Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BlueFire Renewables (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations