Wood Pellets Market Set to Reach US$ 27.7 Bn by 2035 Amid Global Decarbonization Push
The global wood pellets market was valued at US$ 13.3 Bn in 2024 and is projected to grow at a CAGR of 6.9% from 2025 to 2035, reaching approximately US$ 27.7 Bn by the end of the forecast period. Growth is primarily driven by rising decarbonization commitments, energy security concerns, and supportive renewable energy policies worldwide. Wood pellets, produced from compressed sawdust,...
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