North America Wood Pellets Market (2020-2026) | Outlook, Forecast, Share, Companies, Value, Growth, Trends, Industry, COVID-19 IMPACT, Size, Analysis & Revenue

North America wood pellets market is expected to register significant growth in the coming years on the back of regional price competitiveness with propane and residential heating oil coupled with the growing replacement of traditional burners for advancing automatic feed-in and comfort. Moreover, favorable climate change conditions for the requirement of heating in residential and commercial buildings is expected to leave a positive impact on the growth of the overall North America wood pellets market over the forecasted period.

According to 6Wresearch, North America Wood Pellets Market is anticipated to witness growth during the forecast period 2020-26. No doubt coronavirus has impacted the wood pellets market in North America in a way that the sector is in a challenging phase with limited supply, declining demand and even declining margins for small and independent pellet mills. But as the winters are becoming colder and climate change factors in the countries like Texas, New York and Ohio are making people there move towards the use of wood pellets, have aided the wood pellets market demand in North America to rise.

In terms of application, North America wood pellets market is categorized into power plants, residential heating, Combined Heat and Power (CHP) and commercial heating. The clean combustion of wood pellets contributes to its application in pellet stoves and pellet fireplaces, thus driving its demand in power generation and heating applications. Promising government policies about the usage of effective technologies like pellet stoves, instead of coal for reducing the emissions from wood heating devices and domestic coal are likely to boost the product demand in the residential heating application. Additionally, the automation in pellet stoves, like the automatic pellet feeding system is expected to drive the demand.

North America wood pellets market report covers the market by types, application and countries including the United States, and Canada.  North America wood pellets market outlook report provides an unbiased and detailed analysis of the on-going North America wood pellets market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

 

Key Highlights

• North America Wood Pellets Market Outlook
• North America Wood Pellets Market Overview
• North America Wood Pellets Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of North America Wood Pellets Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for United States Wood Pellets Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Canada Wood Pellets Market
• Market Drivers and Restraints
• North America Wood Pellets Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America Wood Pellets Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Application:
• Power Plants
• Residential Heating
• Commercial Heating
• Combined Heat and Power
• By Type:
• Softwood
• Hardwood
• By Countries:
• United States
• Canada