MARKET
GLOBAL WOOD PELLET MARKET
The global wood pellet market was valued at US$ 9,639.99 million in 2021 and is projected to reach US$ 23,892.77 million by 2028.
It is expected to grow at a CAGR of 13.9% from 2021 to 2028.
Based on application, the wood pellet market is segmented into residential heating, commercial heating, CHP (combined heat and power), and power generation.
As a renewable energy source, wood pellets received incentives and subsidies from the governments in many countries.
In recent years, many countries either launched or updated their policies and schemes related to wood pellets for heating applications.
Source: https://www.researchandmarkets.com/reports/5457930/wood-pellet-market-forecast-to-2028-covid-19
MARKET FORECAST
A FAST GROWING MARKET
The global wood pellet market is fast growing. Valued at US$ 9,639.99 million in 2021, it is projected to reach US$ 23,892.77 million by 2028 - a CAGR of 13.9% from 2021 to 2028.
In recent years, many countries either launched or updated their policies and schemes related to wood pellets for heating applications.
In recent years, many countries either launched or updated their policies and schemes related to wood pellets for heating applications.
Source: https://www.researchandmarkets.com/reports/5457930/wood-pellet-market-forecast-to-2028-covid-19
REVENUE PROJECTIONS
Revenues are in the process of being secured by an off-take contract.
Depending on the party selected, the company might also be eligible to carbon credits.
The company is budgeting an EBITDA margin of 30+% which exceeds industry standards.
Please Contact Us to request further information and our Financial Model for more details.