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Global Wood-Pellets Market Forecast to 2023 Published by Marketresearchnest

by Rushikesh Bane · August 28 David Savard Blue Jackets Jersey , 2018


Marketresearchnest Reports adds 鈥?018-2023 Global Wood-Pellets Consumption Market Report鈥?new report to its research database. The report spread across 179 pages with multiple tables and figures in it.


In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Wood-Pellets market for 2018-2023.


Wood Pellet is a solid fuel that is produced by crushing and densifying waste timber like sawdust, forestry residues, industrial byproducts like old paper and forestry wastes. The length is 1-2 cm and the diameter is generally 6, 8 Oliver Bjorkstrand Blue Jackets Jersey , 10, or 12mm. It is possible to produce 25mm wood pellet at maximum. In Sweden, 6mm wood pellet is encouraged to use in house as it can realize the best condition of combustion. Wood pellet production doesn’t need to add binder as lignin, an element of wood, plays a role of binder and helps to pelletize when it is melted by heat.


The global average price of wood pellets went up in 2012-2014 but declined in 2014-2016 Ryan Murray Blue Jackets Jersey , from about 172 $MT in 2012 to 188 $MT in 2014 and . And the price rose up in 2017.


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North America (USA and Canada) is the biggest producer for wood pellets, and produced about 11.6 billion MT (more than 48% of the global total) of wood pellets in 2016. Europe is the other key producer of the wood pellets market with the share of about 33%. USA, Canada, Germany, Russia Sonny Milano Blue Jackets Jersey , Latvia, and China, etc. are other key country producers of the product, the five took up more than 70% of the market.


Europe and North America are the tw