Future Trends in the Wood Pellet Market: Data-Driven Forecast and...

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2025-10-13 13:05:09 -

Future Trends in the Wood Pellet Market: Data-Driven Forecast and Demand Analysis

The global wood pellet market is witnessing significant growth, driven by the increasing demand for renewable energy sources and the need to reduce carbon emissions. In 2024, the market was valued at USD 14.0 billion and is projected to reach USD 22.6 billion by 2033, exhibiting a CAGR of 5.5% during 2025-2033. Factors such as government initiatives promoting sustainable energy, advancements in...

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