Global wood pellets market is expected to register a CAGR of 15.2% from 2017 to 2025
Wood pellets, known for generating low emission and high power is gaining attention as an alternative to fossil fuels. According to new research report, the global wood pellets market is expected to register a compound annual growth rate (CAGR) of 15.2% from 2017 to 2025.
Progressive Markets published a report, titled, Global Wood Pellets Market – Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025. The report offers an extensive analysis of changing market scenario, revenue growth, investment opportunities, and new developments.
Moreover, the study the demands of market players for thorough understanding of the industry for the historic period, 2014-2016 and the forecast period, 2017-2025. These insights will help market players, investors, VPs, stakeholders, and new entrants to gain detailed analysis devise strategies for the future and gain maximum profitability.
The report offers an executive summary to help management executives, VPs, CEOs, and investors save time and determine strategies with future-centric approach. It helps them in devising a prolonged growth strategy and sustain in the global industry.
Key findings of the industry are outlined in the study along with market attractiveness. Current market trends are provided to determine recent news and policies.
Moreover, recent industry developments are explored in the study to help market players give a brief idea about current happenings. Significant terminology is defined along with scope of the report.
Research methodology implemented by analysts is provided to outline sources of data and information. Primary and secondary methods are implemented to gather data, statistics, and information and present it in the form of tables and graphs.
The report offers detailed analysis of changing market dynamics of the global wood pellets market in terms of drivers and challenges. The driving factors for the market include regulatory policies focused on increase in the utilization of renewable energy for domestic, industrial, and commercial applications for heat and power generation along with rise in environmental concerns that resulted in need to find alternatives for fossil fuels.