Decarbonization Goals and Renewable Mandates Drive Global Wood...

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2026-02-19 14:44:04 -

Decarbonization Goals and Renewable Mandates Drive Global Wood Pellets Demand

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, forestry...

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