Wood Pellets Market Estimated to Experience a Hike in Growth Through 2019 – 2029Posted by vakhas on March 9th, 2020 The global wood pellets market reached a valuation of US$ 15 Bn in 2019, witnessing a robust growth outlook during the forecast period (2019 - 2029). According to a new study by Future Market Insights (FMI), the market for wood pellets is largely influenced by increasing concerns over environmental pollution. Government incentives towards sustainable products will also remain crucial to market build-up. "Stakeholders in wood pellets market must direct massive pecuniary resources towards R&D activities for product diversification, along with capacity expansion initiatives to fortify competitive ascendancy," reveals the FMI report. Key Research Findings of FMI's Wood Pellets Market Study
Key Growth Drivers - Wood Pellets Market
Key Impediments - Wood Pellets Market
Competition Structure Analysis - Wood Pellets Market The competition landscape of wood pellets market remains largely fragmented and competitive. Key producers are also pushing for product and cost differentiation, in addition to research on factors such as melting point, particle density, moisture and ash content, and mechanical durability. Some of the key players in the wood pellets market include, but are not limited to Pinnacle Renewable Energy Inc., Georgia Biomass LLC, Energex, Enviva Partners LP, Andritz AG, and Wood Pellet Energy Ltd. About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. CONTACT: Abhishek Budholiya For Sales Enquiries: sales@futuremarketinsights.com Like it? Share it!More by this author |