Wood Pellet Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023

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Wood Pellet Market - Global Industry

Analysis, Size, Share, Growth Trends,

And Forecast 2014 – 2022

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REPORT DESCRIPTION

Rising carbon dioxide emissions have become foremost concern for the entire world. Erratic fluctuations in the

earth’s atmosphere coupled with irreversible climate change has called for a change in the global energy mix. With

Europe’s new policy based initiatives until 2020 directed towards curbing hazardous emissions and minimizing

dependence on conventional fuels, there is a continuous search for new and more viable forms of renewable energy.

In such a scenario, wood pellets have emerged as a highly sustainable alternative to conventional fuel. Wood pellets

are made mostly from waste sawdust, shavings, and chips remaining after lumber production. The materials are

then condensed into tiny pellets and sold to households as well as industrial utilities to be combusted for energy.

Wood pellets are now being amply used as a combustion fuel replacing coal and natural gas in power plants across

the globe and especially in Europe.

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Lower carbon dioxide emissions from wood pellets as compared to coal and natural gas have resulted in them

emerging as a popular and viable alternative to conventional fuels globally. The wood pellets come in small sizes

hence are easy to transport and use anywhere. They are commonly utilized by households in the U.K. for fueling

their heating systems. The combustion process of wood...