Wood Pellets Market to Reach USD 31.1 Billion by 2035, Europe &...

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2026-04-22 02:55:59 -

Wood Pellets Market to Reach USD 31.1 Billion by 2035, Europe & North America Lead with Drax Group plc, Enviva Inc. Driving Growth

The global wood pellets market is poised for robust growth, with its valuation projected to rise from USD 12.1 billion in 2025 to USD 31.1 billion by 2035, registering a CAGR of 9.9% over the forecast period. The market’s strong trajectory is driven by increasing demand for carbon-neutral fuel alternatives, particularly in residential heating, power generation, and industrial co-firing...

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