Wood Pellets Market Size, Share & Industry Analysis, By Feedstock (Forest Waste, Agricultural Waste, and Others), By Application (Heating, Combined Heat & Power (CHP), and Power Generation), By End-user (Residential, Commercial, and Industrial), and Regional Forecast, 2026-2034

Last Updated: January 19, 2026 | Format: PDF | Report ID: FBI100877

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Table of Content

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions and Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends
2. Latest Technological Advancement
3. Regulatory Landscape
4. Porter’s Five Forces Analysis
5. Impact of COVID-19 on Wood Pellets Market
Global Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
5. Market Analysis, Insights and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of the World
North America Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
5. Market Analysis, Insights and Forecast – By Country
  1. U.S.
  2. Canada
Europe Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
5. Market Analysis, Insights and Forecast – By Country
  1. Italy
  2. Netherlands
  3. Germany
  4. Denmark
  5. France
  6. Sweden
  7. Belgium
  8. Austria
  9. UK
  10. Rest of Europe
Asia Pacific Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
5. Market Analysis, Insights and Forecast – By Country
  1. China
  2. Japan
  3. South Korea
  4. Rest of Asia Pacific
Rest of the World Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
Competitive Analysis
1. Company Market Share Analysis, 2025
2. Company Profile
  1. Drax Group plc
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  2. Enviva, LP
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  3. The Westervelt Company
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  4. Fram Renewable Fuels LLC
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  5. Rentech Inc.
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  6. Wood Pellet Energy UK (LTD)
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  7. German Pellets Trading GmbH
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  8. Snow Timber Pellets, LLC
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  9. ENERGEX AMERICAN, INC.
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  10. LIGNETICS
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions and Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends
2. Latest Technological Advancement
3. Regulatory Landscape
4. Porter’s Five Forces Analysis
5. Impact of COVID-19 on Wood Pellets Market
Global Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
5. Market Analysis, Insights and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of the World
North America Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
5. Market Analysis, Insights and Forecast – By Country
  1. U.S.
  2. Canada
Europe Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
5. Market Analysis, Insights and Forecast – By Country
  1. Italy
  2. Netherlands
  3. Germany
  4. Denmark
  5. France
  6. Sweden
  7. Belgium
  8. Austria
  9. UK
  10. Rest of Europe
Asia Pacific Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
5. Market Analysis, Insights and Forecast – By Country
  1. China
  2. Japan
  3. South Korea
  4. Rest of Asia Pacific
Rest of the World Wood Pellets Market Analysis (USD Billion), Insights and Forecast, 2021-2034
1. Key Findings / Summary
2. Market Analysis, Insights and Forecast – By Feedstock
  1. Forest Waste
  2. Agricultural Waste
  3. Others
3. Market Analysis, Insights and Forecast – By Application
  1. Heating
  2. Combine Heat & Power (CHP)
  3. Power Generation
4. Market Analysis, Insights and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
Competitive Analysis
1. Company Market Share Analysis, 2025
2. Company Profile
  1. Drax Group plc
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  2. Enviva, LP
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  3. The Westervelt Company
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  4. Fram Renewable Fuels LLC
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  5. Rentech Inc.
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  6. Wood Pellet Energy UK (LTD)
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  7. German Pellets Trading GmbH
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  8. Snow Timber Pellets, LLC
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  9. ENERGEX AMERICAN, INC.
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development
  10. LIGNETICS
    1. Business Overview
    2. Product & Service Offering
    3. Overall Revenue
    4. Recent Development

Read Less

List of Figures

Figure 01: Global Wood Pellets Market Revenue Breakdown (USD Billion, %) by Region, 2025 & 2034

Figure 02: Global Wood Pellets Market Value Share (%), By Feedstock, 2025 & 2034

Figure 03: Global Wood Pellets Market Forecast (USD Billion), by Forest Waste, 2021-2034

Figure 04: Global Wood Pellets Market Forecast (USD Billion), by Agricultural Waste, 2021-2034

Figure 05: Global Wood Pellets Market Forecast (USD Billion), by Others, 2021-2034

Figure 06: Global Wood Pellets Market Value Share (%), By Application, 2025 & 2034

Figure 07: Global Wood Pellets Market Forecast (USD Billion), by Heating, 2021-2034

Figure 08: Global Wood Pellets Market Forecast (USD Billion), by Combined Heat & Power (CHP), 2021-2034

Figure 09: Global Wood Pellets Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 10: Global Wood Pellets Market Value Share (%), By End-User, 2025 & 2034

Figure 11: Global Wood Pellets Market Forecast (USD Billion), by Residential, 2021-2034

Figure 12: Global Wood Pellets Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 13: Global Wood Pellets Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 14: Global Wood Pellets Market Value (USD Billion), by Region, 2025 & 2034

Figure 15: Global Wood Pellets Market Value Share (%), by Region, 2025

Figure 16: North America Wood Pellets Market Value Share (%), By Feedstock, 2025 & 2034

Figure 17: North America Wood Pellets Market Forecast (USD Billion), by Forest Waste, 2021-2034

Figure 18: North America Wood Pellets Market Forecast (USD Billion), by Agricultural Waste, 2021-2034

Figure 19: North America Wood Pellets Market Forecast (USD Billion), by Others, 2021-2034

Figure 20: North America Wood Pellets Market Value Share (%), By Application, 2025 & 2034

Figure 21: North America Wood Pellets Market Forecast (USD Billion), by Heating, 2021-2034

Figure 22: North America Wood Pellets Market Forecast (USD Billion), by Combined Heat & Power (CHP), 2021-2034

Figure 23: North America Wood Pellets Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 24: North America Wood Pellets Market Value Share (%), By End-User, 2025 & 2034

Figure 25: North America Wood Pellets Market Forecast (USD Billion), by Residential, 2021-2034

Figure 26: North America Wood Pellets Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 27: North America Wood Pellets Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 28: North America Wood Pellets Market Value (USD Billion), by Country, 2025 & 2034

Figure 29: North America Wood Pellets Market Value Share (%), by Country, 2025

Figure 30: Europe Wood Pellets Market Value Share (%), By Feedstock, 2025 & 2034

Figure 31: Europe Wood Pellets Market Forecast (USD Billion), by Forest Waste, 2021-2034

Figure 32: Europe Wood Pellets Market Forecast (USD Billion), by Agricultural Waste, 2021-2034

Figure 33: Europe Wood Pellets Market Forecast (USD Billion), by Others, 2021-2034

Figure 34: Europe Wood Pellets Market Value Share (%), By Application, 2025 & 2034

Figure 35: Europe Wood Pellets Market Forecast (USD Billion), by Heating, 2021-2034

Figure 36: Europe Wood Pellets Market Forecast (USD Billion), by Combined Heat & Power (CHP), 2021-2034

Figure 37: Europe Wood Pellets Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 38: Europe Wood Pellets Market Value Share (%), By End-User, 2025 & 2034

Figure 39: Europe Wood Pellets Market Forecast (USD Billion), by Residential, 2021-2034

Figure 40: Europe Wood Pellets Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 41: Europe Wood Pellets Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 42: Europe Wood Pellets Market Value (USD Billion), by Country, 2025 & 2034

Figure 43: Europe Wood Pellets Market Value Share (%), by Country, 2025

Figure 44: Asia Pacific Wood Pellets Market Value Share (%), By Feedstock, 2025 & 2034

Figure 45: Asia Pacific Wood Pellets Market Forecast (USD Billion), by Forest Waste, 2021-2034

Figure 46: Asia Pacific Wood Pellets Market Forecast (USD Billion), by Agricultural Waste, 2021-2034

Figure 47: Asia Pacific Wood Pellets Market Forecast (USD Billion), by Others, 2021-2034

Figure 48: Asia Pacific Wood Pellets Market Value Share (%), By Application, 2025 & 2034

Figure 49: Asia Pacific Wood Pellets Market Forecast (USD Billion), by Heating, 2021-2034

Figure 50: Asia Pacific Wood Pellets Market Forecast (USD Billion), by Combined Heat & Power (CHP), 2021-2034

Figure 51: Asia Pacific Wood Pellets Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 52: Asia Pacific Wood Pellets Market Value Share (%), By End-User, 2025 & 2034

Figure 53: Asia Pacific Wood Pellets Market Forecast (USD Billion), by Residential, 2021-2034

Figure 54: Asia Pacific Wood Pellets Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 55: Asia Pacific Wood Pellets Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 56: Asia Pacific Wood Pellets Market Value (USD Billion), by Country, 2025 & 2034

Figure 57: Asia Pacific Wood Pellets Market Value Share (%), by Country, 2025

Figure 58: Rest of the World Wood Pellets Market Value Share (%), By Feedstock, 2025 & 2034

Figure 59: Rest of the World Wood Pellets Market Forecast (USD Billion), by Forest Waste, 2021-2034

Figure 60: Rest of the World Wood Pellets Market Forecast (USD Billion), by Agricultural Waste, 2021-2034

Figure 61: Rest of the World Wood Pellets Market Forecast (USD Billion), by Others, 2021-2034

Figure 62: Rest of the World Wood Pellets Market Value Share (%), By Application, 2025 & 2034

Figure 63: Rest of the World Wood Pellets Market Forecast (USD Billion), by Heating, 2021-2034

Figure 64: Rest of the World Wood Pellets Market Forecast (USD Billion), by Combined Heat & Power (CHP), 2021-2034

Figure 65: Rest of the World Wood Pellets Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 66: Rest of the World Wood Pellets Market Value Share (%), By End-User, 2025 & 2034

Figure 67: Rest of the World Wood Pellets Market Forecast (USD Billion), by Residential, 2021-2034

Figure 68: Rest of the World Wood Pellets Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 69: Rest of the World Wood Pellets Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 70: Company Market Share Analysis (%), 2025

List of Tables

Table 01: Global Wood Pellets Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034

Table 02: Global Wood Pellets Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 03: Global Wood Pellets Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 04: Global Wood Pellets Market Revenue (USD Billion) Forecast, By Region, 2021-2034

Table 05: North America Wood Pellets Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034

Table 06: North America Wood Pellets Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 07: North America Wood Pellets Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 08: North America Wood Pellets Market Revenue (USD Billion) Forecast, By Country, 2021-2034

Table 09: Europe Wood Pellets Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034

Table 10: Europe Wood Pellets Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 11: Europe Wood Pellets Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 12: Europe Wood Pellets Market Revenue (USD Billion) Forecast, By Country, 2021-2034

Table 13: Asia Pacific Wood Pellets Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034

Table 14: Asia Pacific Wood Pellets Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 15: Asia Pacific Wood Pellets Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 16: Asia Pacific Wood Pellets Market Revenue (USD Billion) Forecast, By Country, 2021-2034

Table 17: Rest of the World Wood Pellets Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034

Table 18: Rest of the World Wood Pellets Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 19: Rest of the World Wood Pellets Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

STUDY PERIOD: 2021-2034
BASE YEAR: 2025
HISTORICAL DATA: 2021-2024
NO OF PAGES: 169

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